economics

Gun violence touches every part of our life. Weapons make it convenient to kill a human being or a group of people within a short timeframe. It is found in the research that more than two-third of the murders are firearm related (Guis 1687). Normally, common men owing guns for legitimate purposes such as self-defence, […]

History Quiz 1) To finance the American Revolution, the first paper notes were produced, known as Continentals. A 2) In response to the financial crisis in the sass’s, the Federal Reserves policy making body cut the federal funds rate to nearly O, the lowest level in over 50 years. C 3) Which president signed the […]

| Currency devaluation and its effects on the economy | Focus on the Argentine economy | Agustina DalFabbro, Michele Mottola, Giuseppe Merlino, Saskia Diehl 26. 05. 2012 | Inhalt 1. Introduction2 2. Convertibility and its problems in the 1999/2001 period2 1. 1Previous Devaluation Process in Argentina2 2. First moments of devaluation3 2. 1 Fixed exchange […]

Through the early 1990’s, much material came out of the United States which talked of The New Economy. Forecast for an imminent entry, the promise of the forthcoming paradigm change was based on breakthroughs in Information Technology. In it lay the power to harness the new and often perplexing trends which were being sensed rather […]

The deep sea container fright market is actually similar to the wet bulk market because both of them depend on fixed price charges. However, like the wet bulk market, the deep sea market is also susceptible to some market fluctuations and the like. It should be noted that most of these commodities may not necessarily […]

Introduction Exchange rate is always changing, which can cause different relative price of traded goods among countries. However, when firms adopt PTM (pricing to market), price of trading goods does not change with the exchange rate, That may result in deviation from purchasing power parity theory. Many aspect of economy such as consumption, welfare distribution […]

Each of the firms produces an identical product. A) Assuming that the firms form a cartel, what price will the cartel choose if it wishes to maximize overall profits for the cartel? (c) To what output will an individual firm be restricted if this price is to be maintained (assume all firms are permitted to […]