All Questions

Filter by
Sorted by
Tagged with
-1
votes
1answer
174 views

What negative effects would result from globally fixing currency exchange rates?

Assuming one had the power to enact such a wide-ranging change, what would the negative effects of fixing the exchange rates between all currencies at the current rates, or the mean of the last week/...
-1
votes
1answer
164 views

The beta delta model

What is the $\beta$-$\delta$ model? How does it relate to present bias and the present value calculation?
-1
votes
1answer
80 views

Market Power in microeconomic theory

What does the term Market Power mean in microeconomic theory
-1
votes
1answer
29 views

Macroeconomics- money supply LM model [closed]

why does an increase in money supply , lower the interest rate and shift the LM curve down.?
-1
votes
3answers
91 views

Why does a strong dollar make imported goods cheaper?

I'm having a hard time visualizing why a strong dollar would make an imported good cheaper? If I buy an ounce of gold in the US for \$1,353.70 (todays rate) and I buy an ounce of gold in Europe, ...
-1
votes
1answer
71 views

How did economics become a “science”, an academic field?

How did economics become a "science", an academic field? Because I think of it as a soft science and thus in order to be considered a science it would need to be able to reply to the hard sciences? ...
-1
votes
1answer
51 views

For any given non-null game, is there always a finite amount of Nash equilibria? [closed]

Let's say I'm given a matrix ixj with n games, is there a finite amount of Nash equilibria for those games?
-1
votes
1answer
28 views

Surveys which capture income of individuals and other details

Please provide list of surveys which capture income of individuals, income determinants like education, age, work experience, field of work etc and, details about his family particularly number of ...
-1
votes
1answer
64 views

Is HIV An Economic Positive In Light of Human Overpopulation? [closed]

A few economists say that the human population is too high and if it continues to grow, may become too large for our planet to sustain it. While others can debate whether this is true or not, let's ...
-1
votes
2answers
98 views

Is Behavioural Economics Thymological, or does any branch or scholar concern itself with Thymology?

[Thymology] is what a man knows about the way in which people value different conditions, about their wishes and desires and their plans to realize these wishes and desires. It is the knowledge of ...
-1
votes
2answers
355 views

How to incorporate I parameter in GRETL application for ARIMA model? [closed]

How to incorporate I parameter in GRETL application for ARIMA model? Able to incorporate parameter AR and MA but not sure how to incoporate the I parameter?
-1
votes
1answer
225 views

Is the Federal Reserve even necessary? [closed]

A friend of mine told me that the Federal Reserve bank is the most evil thing in the world. Things like we can't print our own money and how this debt based fiat currency will destroy everything. ...
-1
votes
2answers
27 views

Cobb Douglas, Budget Line, Demand function question

use the general form of the Cobb Douglas utility function $U(x,y)= (x^a)(y^b)$ and the budget constraint in the form $B=p_{x}X + p_{y}Y$ to find the demand functions for good x and good y. Is this ...
-1
votes
1answer
23 views

Production technology of $y=2x$

I have a given product $y$ that is produced by the input $x$ in the following relation: $2x=y$. In our example, we are given the unit price of $x$ is $16$. Find the unit cost of $y$. The answer is $8$....
-1
votes
1answer
38 views

The difference between a Nash equilibrium and Bayesian Nash equilibrium [closed]

What is the basic difference between Nash equilibrium and Bayesian equilibrium?
-1
votes
4answers
42 views

why is it always said that a CAD must be financed by borrowing from foreign countries

a current account deficit (CAD) means you have money leaking out of your country and going to ROW (rest of world). i see here (https://www.imf.org/external/region/tlm/rr/pdf/fpp5.pdf) that it can be '...
-1
votes
1answer
24 views

Price discrimination question

For this question the answer is b which is the TR of group 2. If price is the same, my question is why isn't the demand function of group 1 considered? Why is the TR of group 1 omitted?
-1
votes
1answer
59 views

How do people check or trust that central bank is not cheating? [closed]

How people can be sure that somebody, cooperating with central bank (or working in it), is not creating money in digital or paper form for themself, so that nobody else notices it?
-1
votes
1answer
53 views

Is truth cheap, and falsehood expensive and volatile? [closed]

Question: In a scenario where data is bought and sold in a double-auction market, will the trading price and volatility of a given piece of data become inversely proportional to its accuracy over ...
-1
votes
1answer
19 views

Inventory based question [closed]

"If a firm produces 1000 shirts (finished products), expecting to keep an inventory of 100 shirts at the end of the year." Here Why a firm keep an inventory of 100 shirts ? What is the need of it? ...
-1
votes
1answer
29 views

Minimum wage divided by cost of living?

Is there some commonly known indicator that is defined as: Minimum wage divided by cost of living? I mean, I could call it that way, but perhaps people already have this indicator with a certain ...
-1
votes
2answers
98 views

why isnt private sector savings defined as $S=Y-T-C-I$?

why isnt private sector savings defined as $S=Y-T-C-I$ ? afterall, savings is the money you have left over after you net off from your income ALL of what you have paid out. $Y, T , C$ And $I$ are the ...
-1
votes
1answer
47 views

A question about a derivation in Gali's Monetary Policy book [closed]

In Chapter 3 of Gali's famous Monetary Policy book, he measures the effects of a monetary policy shock. The interest rate rule is: Then a shock $v_t > 0$ occurs. He proceeds to measure how this ...
-1
votes
1answer
22 views

equality between 2 operations using mean [closed]

why when we do the following operation mean (10 ,20,30)= 20 is different from (mean(10,20)+30)/2=22,5 there are no equality between the 2 operations using mean ? why? thanks a lot in advance for ...
-1
votes
1answer
32 views

How does “Survival of the Fittest” result in Rosetta Stone's economic success?

I would briefly comment that Rosetta Stone has a terrible reputation among language lovers (see sample review about why most people can't learn like they did as a child), and some language lovers ...
-1
votes
2answers
389 views

How inflationary is progressive taxation?

Compared with, say minimum wage increases, how inflationary is progressive taxation?
-1
votes
1answer
56 views

Question on money supply related to new crypto project

Following questions are related to a crypto project I am working on and proper answers are of utmost importance to this concept's development. I unfortunately lack expert knowledge about money supply ...
-1
votes
1answer
229 views

Command and control policy approach graph

I'm unsure why a command and control policy approach to pollution will still have a dead weight loss? What happens with it/ or what does the government do about it if anything?
-1
votes
1answer
289 views

Question on oligopoly.

Consider an oligopoly between two identical firms producing a homogenous good with constant marginal cost where firms face linear market demand. $B_i(q_j)$ denotes firm i’s best response given the ...
-1
votes
1answer
65 views

how does the USA maintain the value of it currency in light of $800 billion trade deficits

In light of its Reserve currency status, How does the USA maintain the value of it currency in light of $\$800$ billion trade deficits that have accumulated to over $\$12$ trillion as pointed out by ...
-1
votes
1answer
70 views

How is infant mortality rate an indicator of living standards?

My textbook says, "Some of the best indicators of living standards are the average life expectancies and infant mortality rates already mentioned." How does babies not dying within their first year ...
-1
votes
1answer
201 views

Unemployment. What is the source of income?

In USA, more than 1 in 5 persons in working age are unemployed (that includes people looking for jobs, and also the ones not looking for jobs, so is not just the officially unemployed population). ...
-1
votes
1answer
284 views

price floor and price ceiling

I am studying basics of economics. I don't understand why a maximum price should be set below equilibrium price and minimum should be above. shouldn't it be the other way round?
-1
votes
1answer
255 views

Setup and solve utility maximization

A consumer wants to maximize his utility function $U(X_1,X_2)=Min(X_1,X_2)$. The price of $X_1$ is 2 and the price of $X_2$ is 4 and his income is 40. Setup the utility maximization problem and solve ...
-1
votes
1answer
86 views

Capital Asset Pricing Model Variation [closed]

Usually for CAPM we have: $$E(R_i)-\gamma=\frac{cov(R_i,R_m)}{var(R_m)}\times E(R_m-\gamma)$$ We know that $$\beta=\frac{cov(R_i,R_m)}{var(R_m)}$$ When can we replace $\beta$ with $\left(\frac{E(...
-1
votes
1answer
77 views

The difference between making money by profit and by earning it [closed]

Suppose there were no taxes (which only makes things more complicated) and suppose I ask ten people if they want to get money by cleaning up houses for 8 euros per hour. They agree. Now I on my turn ...
-1
votes
2answers
3k views

How do you determine if the production function has decreasing returns to scale?

How do you determine this for the production function $f(k,l) = k^{1.4}l^{0.5}$ ? So far, I have found the marginal product of both labour and capital however, the marginal product of labour is ...
-1
votes
1answer
44 views

What is the maximal theoretically possible wage increase here and now (ceteris paribus)? [closed]

Labour unions are pushing for wage increase but what is maximal theoretically possible wage increase here and now - without restructuring production, processes and without introduction of new ...
-1
votes
2answers
290 views

Budget constraint with leisure and consumption

I am given the following utility function: $u(x_{1}, x_{2})=x_{1}^2x_{2}$ where $x_{1}$ represents leisure and $x_{2}$ represents consumption. I am also given the budget constraint with the price of ...
-1
votes
1answer
123 views

Does the utility function U(X, Y) = 12x^0.2 y^0.8 represent homothetic preferences? [closed]

Does the utility function U(X, Y) = 12x^0.2 y^0.8 represent homothetic preferences? I was given this question but I have no idea how to work it out. I understand what homothetic preferences are in ...
-1
votes
1answer
123 views

Monetization of everything, where does it end?

The newest trend in global finance is elite monetization, meaning monetization of all elite assets such as top corporations and municipalities. Central banks are buying the stocks and bonds of elite ...
-1
votes
1answer
49 views

The difference between profit and earning something

Suppose I search some elderly people who are in need of domestic care. I find 100 of them and them to pay me 15 dollars per hour. Then I find 100 people who will do the job for 10 dollars per hour. ...
-1
votes
1answer
477 views

How to determine the marginal product for the following question? [closed]

Suppose that a firm has a Fixed cost of 10,000 dollars and Total Cost of 10,500 dollars for one unit and 11,100 dollars for two units of output. Which of the following is true for the Marginal Cost (...
-1
votes
1answer
94 views

How is a GDP of an economy unaffected with reduction in GNP?

I was reading my economics book and encountered with a paragraph which read: "But GDP/NNP are now not considered as the best measures for the growth because countries having high extended debts are ...
-1
votes
1answer
65 views

On a Dalio youtube video

The following video https://www.youtube.com/watch?v=PHe0bXAIuk0 argues that credit is the principal force behind the business cycle. Is this considered to be a established truth within some school ...
-1
votes
1answer
40 views

Why has gold dropped during the same week as Deutches Bank faces great difficulties

I chose the phrasing "great difficulties" to be polite. The "capital release unit" seems to be a bit of a desperate action from the bank, coupled with further complications involving bad press made ...
-1
votes
1answer
28 views

Is the European Single Market a Free Trade Area?

The European Single Market is (obviously) a Single Market. Are Single Markets also free trade areas?
-1
votes
1answer
42 views

Maximization when parameters are unknown

I would like to know if my understanding about how to find a maximum of the function when some parameters are unknown is correct. Consider the following maximization problem. $\max_{x}V=\int_0^{a(x)}...
-1
votes
1answer
17 views
-1
votes
3answers
71 views

Why is demand curve always going down?

In many economic charts with demand and supply curve, people often say the demand curve goes down with more quantity. But I will give you a really practical example, why I think they are wrong. ...

15 30 50 per page