The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Jul 2017 |
| Last Sign in: | 305 Weeks Ago, 1 Day Ago |
| Questions Answered: | 15833 |
| Tutorials Posted: | 15827 |
MBA,PHD, Juris Doctor
Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
ECON 2403 Exam IV Short Answer and Essay Questions
You must complete two Short answer questions and one Essay question for the Exam.
All answers must be in the form of a paragraph (minimum of 5 sentences per paragraph).
Please select from below:
Short Answer
1. What is systemic and non-systemic risk? Please provide examples of both.
2. How is the Gini coefficient related to the Lorenz curve? What do the recent results infer?
3. What are the various transfer programs the government performs? Essay 1. Define and explain three barriers to trade. What effect do these barriers to trade have on
domestic consumer surplus? What is the Riccardo Effect in relation to specialization and
exchange? Who benefits from specialization and exchange in terms of domestic and
international consumers and producers?
2. Define and explain the purchasing power parity (PPP). How is inflation adjusted for within currency exchanges? What would happen to the costs of doing business if we went back into a
“Bretton Woods” type agreement? What is a fractional reserve system and would it still be
susceptible to a classic “run on the banks”?
H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------. P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll