Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Business Finance – Economics Week 2 Assignment 1 Macroeconomics

attached below is the assignment must answer all questions 

Regent University

ECON 230

Introduction to Macro Economics

Assignment 1

1. An easy question for your first question of your first assignment. Easy in that you can’t get it wrong unless you do not answer it thoughtfully. Economics talks a lot about growth and wealth creation but we leave the definition of wealth very broad and wide open and even those who oppose capitalism want wealth and growth. What is your concept of wealth and growth? Define what success in your life will look like 50 years from now. What about the United States in 100 years?

2. A large quantity of research has indicated that safety features on automobiles have not resulted in any net lives saved. Fewer drivers and passengers are killed in auto accidents but more pedestrians and cyclists are killed.

a. Using the idea of how people respond to incentives offer an explanation for this observation.

b. This effect is called the Peltzman Effect after the economist who first observed it. My former professor Gordon Tullock had a solution to the Peltzman Effect, a large sharp spike in the center of the steering wheel. What would you expect to happen if the Tullock Solution became law?

3. In some circles there is much controversy over vaccinations. One argument those who favor vaccines use to try to persuade those who are against them to change their mind is “herd immunity” the idea that each individual getting vaccinated makes the entire population safer. Herd immunity are socialized benefits while a vaccination is personal cost. Putting aside personal beliefs about all of this, if you were designing a policy based on herd immunity reasoning what incentives would you put in place to convince the reluctant to get a vaccine?

4. Many products come with a money back guarantee or free lifetime replacements and so forth. Do you think these producers offer this because they expect to have honor these offers very often? What is the point of making such offers?

5. During the 2008 financial crises the Federal Reserve prevented banks from publicly reporting on how solvent they were (they did report to the Federal Reserve) and made every bank of a certain size take bailout money whether they were in trouble or not. Why do you think that was? Who benefitted and who lost out from this policy decision?

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Total Quality Management Discussion 5

This is the problem from week 1 I went with    One issue at the Cook County Courthouse that could benefit from quality improvement is invoice processing and how long it takes vendors to get paid. Cook County uses Net 60 payment terms, while many private companies operate under Net

SCMG201

see attached 5 Assignment 2 – Weeks 3 & 4 Essay Questions SCMG 201 – Principles of Supply Chain Management Enter Student Name Enter Date Chapter 3: Network and Systems Design (Questions 1 through 5) Question 1 Response: Question 2 Response: Question 3 Response: Question 4 Response: Question 5 Response:

DEFM200

see attached Instructions Assignment Directions This assignment assesses  CO-3 [content page]. Read the article by David Garvin (1987),  Eight Dimensions of Quality. Create a PowerPoint presentation consisting of eight slides, excluding the title and reference pages. List four to five main points (using bullet point format) on each main slide.

Business & Finance a homework project . The class is Estate Planning and the project is a memo for Client interview Assignment. a homework project . The class is Estate Planning and the project is a memo for Client interview Assignment.

a homework project . The class is Estate Planning and the project is a memo for Client interview Assignment.  BUSI 354 Memo: Client Interview Assignment Instructions Overview This assignment requires you to use the information you have studied in the first 5 modules of the course in order to identify

week 7

 corporate ethical dilemma or fraud case of their choice  Students will write a comprehensive 12–15 page paper analyzing a major corporate ethical dilemma or fraud case of their choice. The paper should include identification of ethical issues, stakeholders, analysis using at least two ethical frameworks, evaluation of leadership and organizational

BUSINESS( NO PLAGARISM A+ WORK, ON TIME)

Discussion Assignment Week 7 Assignment: Final Project Signature Assignment: This assignment aligns with all course COs. Recommendation: Print complete Assignment to fully read and reference in preparing your paper! Paper outline is included. Prompt: Background For your final project, you are creating your own hypothetical scenario within the following parameters

case up

BUSI 642 Case Analysis: Approaches to Performance Management Assignment Instructions Overview Performance management systems are important because they deal with how employees achieve organizational goals. A key aspect of managing performance is accurately identifying why an employee may not be meeting expectations. This assignment allows you to hone your skills

discussion convey

INDS 491 Discussion Assignment Instructions The discussions in this course are meant to be collaborative learning experiences that foster a spirit of community and collegiality, but you must also view these as academic assignments with formal requirements. For these discussions, you are required to submit a thread in response to

Alternative Energy

  Over the past two centuries, fossil fuels have helped us build the complex industrialized societies we enjoy today. Yet our supplies of conventional fossil fuels are declining. We have responded to this challenge by expanding our search for new sources of fossil fuels. This will eventually lead to us

discussion

BUSI 301 Discussion Assignment Instructions Overview Discussions bring dialogue and communication into our learning experience. Unlike so much of the unsubstantiated opinion we see in the public square and social media, these discussions provide a space for in-depth analysis and application of the topics in our Learn readings and presentations.

discussion

BUSI 301 Discussion Assignment Instructions Overview Discussions bring dialogue and communication into our learning experience. Unlike so much of the unsubstantiated opinion we see in the public square and social media, these discussions provide a space for in-depth analysis and application of the topics in our Learn readings and presentations.

Competitive advantages

   What are the primary means for gaining and sustaining competitive advantages for companies shifting downstream? Is that also the case in a circular economy? Explain and discuss these statements.

Logistics 5

see attached. BUSI 615 Integrated Learning Project Assignment Instructions Overview The integrated learning assignment is a series of 6 assignments and a final course consolidated submission. All assignments and the compilation of the final consolidated submission is managed as an individual assignment. Purpose The purpose of the ILP is for

3-1 Discussion: Internal and External Analysis Reflect in ePortfolio

  Select at least one analysis tool, such as PESTEL, SOAR, or SWOT, to determine the internal and external factors influencing your selected organization’s foreign expansion. If you need more information, then review your resources section. If you would like to use a different tool, one that you are more

BUSINESS MANAGEMENT GREAT WORK, ON TIME, NO PLAGARISM, A+ WORK

tutor discussion #foreign Intellectual Property There are four types of IP: Patent Trademark Copyright Trade secret Discussion (No more than 300 words) HYPOTHETHICAL FACTS FOR THIS DISCUSSION – DO NOT ADD OR ASSUME UNSTATED FACTS. COMMON LAW APPLIES. NOTE: THE NEXT DOOR NEIGHBOR WAS SITTING IN HIS YARD THE WHOLE

Prof Double R

  Competency In this project, you will demonstrate your mastery of the following competencies: Describe the components of the United States justice system and how they are interrelated Explain how various types of communication skills are utilized by sworn and civilian criminal justice professionals Scenario You are a community outreach

Energy Sources and Uses

Please respond to the following: Consider the amount of electricity and other energy your family uses. What are the sources of the energy your family uses? What specific actions could your family take to use less energy? Be sure to respond to at least one of your classmates’ posts.

2-1 Final Project Milestone One: Sport in a Global Context

 For this milestone, you will identify the organization you have chosen and the market to which your selected organization will expand internationally. You will describe the proposed project by providing a scope statement that consists of goals, requirements, and deliverables. You will also perform comprehensive research and analyze the industry,