The cost of long-term borrowing is usually higher than the cost of short-term borrowing. The graph that shows the relationship between maturity and interest rates for U.S. Government’s borrowings (Treasuries) is called “term structure of the interest rates” or “the yield curve.” Shape of the yield curve is often used by economists to forecast future […]

Write a 3-page research paper, (excluding graphs, and tables – you may and should have some of these). Write APA format including an abstract and references. Write proper grammar, punctuation and college level English. Your references should be reliable sources.   Topic- International Trade and the Environment   1. Selected Issue a. First, write a […]

The origin of economics as a science dates back to the publication of An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith in 1776. Smith believed a market economy would generally bring individual self-interest and the public interest into harmony.   Based upon those notions of self-interest and public […]

The purpose of this project is to assist your knowledge building and provides one of the assessment tools for this class. This research will focus in whole or in part on the following course outcomes;   1. Basic economic principles and theory    2. Explore and interpret how supply and demand affect the economy by […]

Explain the major events of the Watergate scandal. Sen. Sam Ervin commented that the lust for political power can be as corrupting as actually having power. Is he correct? Should Richard Nixon have been impeached? Was Watergate the result of the rising power of the presidency and its trappings, or simply the occupant? essays fully […]

1. Consider an auction for a single good, with two bidders, each with a private value drawn independently from the uniform distribution on [0, 100]. Let values be s1 and s2 , and bids are b1 and b2 .   (a) Under a first price, sealed bid auction, what are b1 and b2 in equilibrium? […]

Today we see a lot of activity within the international trade arena as the U.S. trade deficit has soared to a record high.   Trade is designed to create bigger market opportunities, so why is the balance of trade so out of balance for the U.S.? Is it bad to have a trade deficit, or […]

In 2017, the health care industry saw a boom of hospital merger announcements. What economics argument can hospital use to justify mergers? That is, what are the positive consequences of allowing mergers to take place? Identify the concept. What are the potential negative consequences for consumers?   You have a choice to hire a doctor […]

Draw market supply and market demand curves for a good or service consumed by nearly everyone, e.g. food, shelter, medical services, fuel. Show the equilibrium price and quantity. Now assume a decrease in supply. Show the new equilibrium price and quantity.   1. What is the social usefulness of the new price? That is, what […]

Choose the best answer for each question. All problems are weighted equally. By each correct answer you earn one point You earn no points if you don’t answer a question or if your answer is wrong. All your answers must be submitted online using Canvas. Be sure to submit your answers before the due date. […]