Homework Assignment 2 You may work with others to complete this assignment, and may submit a single hard copy for a group of no more than 4. You are, of course, welcome to compete this individually.    Let’s suppose we wanted to investigate the relationship between the number of terror attacks in a country and…

Trade in small and large countries You have 2.5 hours to complete this exam. Please submit as a PDF through Canvas.   Be sure to label your graphs and link any writen answer to any required graph.   1. Analyze the following two countries with linear production technologies and one factor of production. The production…

Discussion #1 The paradox of value Questions for your consideration: Is ‘willingness to pay’ a good measure of demand for creative goods and services? Any examples? Are price and value different? What does Adam Smith have to do with this? What does this have to do with the arts & culture? Please explain.

Module 5 – Policies for Economic Growth Explain which of the following policies you believe are likely to increase the rate of economic growth in the United States.    a.  Congress passes an investment tax credit, which reduces a firms taxes if it installs new machinery and equipment.   b.  Congress passes a law that…

Discussion #2 Cultural policy & welfare economics   Questions for your consideration:   What is meant by the term ‘market failure’ according to the Towse text? Give some examples of market failure in the arts and heritage. Explain why market failure in the cultural sector is used as an argument for subsidy to the arts…

Discussion #3 Economy of Museums & Heritage   Questions for your consideration:   In what sense are museums public goods and in what ways are they not? With respect to historical sights, where/how does the market fail such as to require government involvement in these locations? What role does listing play in the conservation of…

Economics question “In the context of international trade, do you believe that protectionist policies (such as tariffs and import quotas) are more beneficial or harmful to a country’s economy in the long run? 

Managerial economics Explain whether each of the following is counted in the M1 measure of the money supply Cash that you have been saving from birthdays and special occasions. Money in your savings account at your credit union. Money in your checking account at your credit union. Visa gift cards. Available balance on your American…

Discussion Board How does the agency problem often interfere with the ability of the shareholders to achieve their goals? Are the managers simply “getting in the way” of achieving shareholder goals?    

Money and banking economics homework question ECON 4721 – Money and Banking    Homework 2: Money and the Price Level   Spring 2024   Exercise 1: Money Demand Consider a two-period, general equilibrium, endowment economy with no government and fixed labor supply (just like the one we studied in class). There is a representative household…