Category: Economics

assignment:
Junk food being an unhealthy food option has always been in discussi

assignment:
Junk food being an unhealthy food option has always been in discussion in the news. It is often said that imposing tax on junk food is the best policy to reduce the incidence of obesity. Do you think taxing junk food would be a good idea? Based on your analysis, would it really help reduce the number of obese people? Do you think the demand for junk food is elastic or inelastic with respect to price? Explain to what extent demand for junk food has been affected due to similar policies to control the demand of junk food. Take a country of your choice based on the recent news article which highlights this issue

As many of you are aware, due to measures to combat Covid, many governments incu

As many of you are aware, due to measures to combat Covid, many governments incurred steep deficits which added to the debt. Some governments are now contemplating tax increases to help reduce the deficit and/or debt. Possible ways of increasing revenue is to increase income taxes and/or sales taxes such as the GST/HST. Sources of income that taxes are paid on include labour (work) as well as business profits and investment earnings. Assuming that taxes are to be raised, which tax increase would be least detrimental to long term economic growth, a GST/HST increase or an increase in income tax? Assume that either of the increases would be revenue neutral, i.e., the federal government would take in the same amount of revenue with either tax that is raised.
You are to use as many economic tools that you have learned in this course to justify your argument. You are to back up your argument with sound economic reasoning and use concepts learned in this course. You are quite welcome and encouraged to utilize outside sources. Please be sure to reference your sources. Your assignment should be at least 500 to about 750 words in length.
Please be sure to reference your sources using The American Psychological Association (APA) style. Failure to do so will result in a mark of zero.

Please use highlights of the attached videos for your answers

Which o

Please use highlights of the attached videos for your answers
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Which of the following policies do you think would
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be most effective at boosting growth and living standards in a poor country over the long run?
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Offer tax incentives for investment by local firms
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” ” ” ” ” by foreign firms
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Give cash payments for good school attendance
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Crack down on govt corruption
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Restrict imports to protect domestic industries
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Allow free trade
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Run large government budget deficits to fund national defense and environmental policies.
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https://www.youtube.com/watch?v=UHiUYj5EA0w
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https://www.youtube.com/watch?v=lBHudK0KE8k
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https://www.youtube.com/watch?v=JnUH_-7EOjA
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https://www.youtube.com/watch?v=M8esItLD6vg
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https://www.youtube.com/watch?v=v_qXC-1PH4U
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https://www.youtube.com/watch?v=m5r_VXniIPc
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https://www.youtube.com/watch?v=7da2Yy0zXPY

This is a scavenger hunt for economic data. Much of the data is available onlin

This is a scavenger hunt for economic data. Much of the data is available online from various sources on the world wide web. Unless students are already familiar with web sources, the library will be a faster resource.
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Please list your results, your sources of your results and your sources of your results.
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Please get current statistics for each measure. The team/student with the most answers wins.
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Data Hunt
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Find current figures for the following items.
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1. U.S. unemployment rate
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2. Consumer Price Index
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3. U.S. inflation rate
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4. U.S. Gross Domestic Product
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5. U.S. per capita GDP
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6. Net Domestic Product (U.S.)
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7. Disposable Income (U.S.)
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8. Consumption Spending (U.S.)
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9. Government Spending (U.S.)
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10. M1
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11. M2
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12. National Debt
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13. Government budget deficit
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14. Imports
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15. Exports
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16. Trade deficit
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17. Discount rate
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18. Yield on government bonds
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19. An interest rate on home mortgages
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20. An interest rate on a saving account
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21. Prime rate
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22. Dow Jones Industrial Average
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23. General Motors stock price
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24. Microsoft’s stock price
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25. Amazon’s stock price
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26. Value of the U.S. dollar in yen (Japan)
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27. Value of the U.S. dollar in pounds (Great Britain)
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28. Value of the U.S. dollar in euros (EU)
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29. Inflation rate in any European country
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30. Unemployment rate in any European country
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31. Gross Domestic Product of any European country
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32. Per capita GDP of any European country
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33. Inflation rate in any African country
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34. Unemployment rate in any African country
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35. Gross Domestic Product of any African country
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36. Per capita GDP of any African country
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37. Inflation rate in any Asian country
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38. Unemployment rate in any Asian country
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39. Gross Domestic Product of any Asian country
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40. Per capita GDP of any Asian country
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41. Inflation rate in any Central or South American country
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42. Unemployment rate in any Central or South American country
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43. Gross Domestic Product of any Central or South American country
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44. Per capita GDP of any Central or South American country
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45. GDP China, GDP Japan, GDP Euro-zone
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46. per capita GDP China, per capita GDP USA, Japan, per capita GDP Euro-zone
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47. Inflation and Unemployment USA, China, Japan, Euro-zone
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48. Depository Banking System Reserve Requirement USA, Japan, China, Eurozone
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49. Assumed Natural Rate of Unemployment USA, Japan, China, Eurozone
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50. Debt to GDP ratio USA Japan China Eurozone
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Please use highlights of the attached videos in answering the following question

Please use highlights of the attached videos in answering the following questions:
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In 2015, while the US economy was not in recession, JPMorgan Chase announced it was laying off 5,000 employees, averaging two tellers per branch.
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If these tellers were unneeded due to technological change what type of unemployment would they represent?
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It also decided to exit certain lines of business, including student loans.
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Other institutions will make student loans.
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What type of unemployment would these employees face?
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In June 2008 JPMorgan Chase laid off hundreds od employees in its mortgage division.
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What type of unemployment did these employees face?
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Describe the phases of the business cycle.
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How do we measure unemployment?
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Explain the different types of unemployment.
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What are efficiency wages?
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https://www.youtube.com/watch?v=9i6vf5Wz6nY&t=44s
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https://www.youtube.com/watch?v=ki4cmpJhFXk
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https://www.youtube.com/watch?v=ENHyev3IqHs
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https://www.youtube.com/watch?v=mWwXmH-n5Bo

What is the rate of growth of the economy if you learned that nominal GDP in 20

What is the rate of growth of the economy if you learned that nominal GDP in 2022 is greater than nominal GDP in 2022? What do you know about changes in the level of output? Would your answer change if you learned that real GDP increased? Explain. Please use the highlights of the attached videos in your answers.
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https://www.youtube.com/watch?v=rGqhTQyY6g4
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https://www.youtube.com/watch?v=lBDT2w5Wl84
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https://www.youtube.com/watch?v=_EKz6zQpmlY
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https://www.youtube.com/watch?v=iLom1WlqwS0
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https://www.youtube.com/watch?v=7GJ0TFd_aw8

Please provide the highlights of the attached article

https://www.wsj

Please provide the highlights of the attached article
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https://www.wsj.com/tech/ai/ai-could-spur-an-economic-boom-humans-are-in-the-way-3f13182c?st=vbcg0x6bh92sea5&reflink=desktopwebshare_permalinkLinks to an external site.
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Assignment 3
Q1: What is money multiplier? How is it related to the reserve ra

Assignment 3
Q1: What is money multiplier? How is it related to the reserve ratio? Calculate the total maximum and total minimum possible money supply due to the deposit of 200 SAR in a bank. The country follows a fractional reserve banking system, and the Reserve ratio is 20%.[2.5 Marks]
Q2: What are the main causes of Unemployment? Do you agree that technological up-gradation in any industry may cause unemployment in that industry? Provide your opinion with one example. [2.5 Marks]
Q3: Structural unemployment in many countries touched its highest peak during the coronavirus pandemic, but it seems that most of the industries in KSA were not that much affected. Discuss the role of the Saudi Government in reducing the impact of Corona pandemic on employment in Saudi Arabia. [2.5 Marks]
Q4: Adverse Selection and Moral Hazard are two important problems of Insurance companies. Explain each with the help of an example. Also, suggest solutions to the Insurance companies to tackle these problems in the insurance market.[2.5 Marks]