Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 307 Weeks Ago, 4 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 01 Jun 2017 My Price 13.00

US economy is in a deep recession

1. What is hyperinflation? Demonstrate your answer with historical references, the impact of inflation and hyperinflation upon a nation's economics, who wins and losses, and a possible cure. Illustrate with all relevant graphs discussed in class and in your text with proper labels for all parts of the graph.

 

 

2. Assume the US economy is in a deep recession. Draw and explain the aggregate demand and supply curves, the recessionary gap, full employment and natural rate of unemployment, inflation and price level. Explain how the economy can avoid inflation when demand is at full employment. Compare with the production possibility frontier.

Draw all relevant graphs.

 

HINT: Drawing graphs simplifies your answer.

 

 

3. In international economics, the open economy, net capital outflow significantly affects gross domestic product.(GDP) Y = G + D + I + NX Explain the affect of NCO on the US GDP to include trade deficits and surplus, purchase power parity, why international surplus and deficits, and currency exchange.

a. Explain the algebraic relation for Investment, NCO, Exchange rates, and interest rates.

b. Discuss PPP regarding international trade. Why is an understanding of PPP important for international trade? Are there any limitations or drawbacks?

 

c. Relate PPP to the price of a Big Mac in Norway, Mexico, and US.

 

 

4. The Coca-Cola Bottling Company has a presence throughout the world but yet still distributes Coke in its standard bottle. Explain why the usual Coke bottle and its contents are so important to the international and national economies. Who benefits from Coca-Cola's international presence? Does any nation enjoy an absolute advantage, comparative advantage, or both? Explain absolute and comparative advantage principles for international economics.

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Jun 2017 11:06 PM My Price 13.00

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