Top Essay Writers
Our top essay writers are handpicked for their degree qualification, talent and freelance know-how. Each one brings deep expertise in their chosen subjects and a solid track record in academic writing.
Looking for a similar answer, essay, or assessment help services?
Simply fill out the order form with your paper’s instructions in a few easy steps. This quick process ensures you’ll be matched with an expert writer who
Can meet your papers' specific grading rubric needs. Find the best write my essay assistance for your assignments- Affordable, plagiarism-free, and on time!
Posted: December 6th, 2022
This assignment has a maximum total of
Economics 248 Assignment 1
(version B)
This assignment has a maximum total of 100 marks and is
worth 10 percent of your total grade for this course. You should complete it
after completing your course work for Units 1, 2, and 3. Answer each question
clearly and concisely.
What Citation Formats Do You Support?
We hear “Can you write in APA or MLA?” all the time—and the answer’s a big yes, plus way more! Our writers are wizards with every style—APA, MLA, Harvard, Chicago, Turabian, you name it—delivering flawless formatting tailored to your assignment. Whether it’s a tricky in-text citation or a perfectly styled reference list, they’ve got the skills to make your paper academically spot-on.
a.
Distinguish between a positive and a normative statement. (2 marks)
b.
Label each of the following news items as a positive or
a normative statement.
(8 marks)
(i)
The number of people living in poverty increased over
the last decade.
(ii)
The rural population in Alberta decreased over the past
decade.
(iii)
The rich pay too
much for health care.
(iv)
The federal
government should cut corporate tax to attract new businesses to the country.
The
CPI for Zippa Republic was 111.9 in December 2007, 114.6 in December 2008,
and 116.2 in December 2009. (10 marks)
Are Paper Services Legal?
Yes, completely! They’re a valid tool for getting sample papers to boost your own writing skills, and there’s nothing shady about that. Use them right—like a study guide or a model to learn from—and they’re a smart, ethical way to level up your grades without breaking any rules.
a.
What do these numbers tell you about the price level in
these three years?
b.
Calculate the inflation rates for the years ended
December 2008 and December 2009.
c.
How did the inflation rate change in 2009?
d.
Why might these CPI numbers be biased?
e.
How do alternative price indexes help to avoid the bias
in the CPI numbers?
Identify
each of the following as consumption or investment goods or both. Justify
your answers. (10 marks)
a. the
Mackenzie pipeline
b. a
loaf of bread
c. a
taxi-cab
d. a
tennis racquet
e. a
vacation in a foreign country
How Much for a Paper?
Prices start at $10 per page for undergrad work and go up to $21 for advanced levels, depending on urgency and any extras you toss in. Deadlines range from a lightning-fast 3 hours to a chill 14 days—plenty of wiggle room there! Plus, if you’re ordering big, you’ll snag 5-10% off, making it easier on your wallet while still getting top-notch quality.
Base
your answers to the questions on this information: In one day, Canada can
produce either 200 tonnes of wheat or 90 tonnes of copper ingots. In one
day, Chile can produce either 120 tonnes of wheat or 175 tonnes of copper
ingots.
(10 marks)
a. Calculate
Canadaâs opportunity cost of one tonne of wheat.
b. Calculate
Chileâs opportunity cost of one tonne of copper ingots.
c. Who
has a comparative advantage in producing copper ingots? Why?
d. If
Canada and Chile
specialize, how many tones of wheat and how many tonnes of copper ingots will
be produced?
Explain
how each of the following events will influence the demand or supply of coffee,
and predict the change in equilibrium price and equilibrium quantity.
(10 marks)
Will Anyone Find Out I Used You?
Nope—your secret’s locked down tight. We encrypt all your data with top-tier security, and every paper’s crafted fresh just for you, run through originality checks to prove it’s one-of-a-kind. No one—professors, classmates, or anyone—will ever know you teamed up with us, guaranteed.
a. A
major health study implicates coffee as a prime source of cholesterol that
contributes to heart disease.
b. A
new breed of coffee is developed that is resistant to diseases and is high
yielding per stem.
c. Personal
disposable income of consumers decrease.
d. Canada
and US start buying much more coffee.
e. Land
used for coffee is now used for growing corn.
Use
the table below to answer the questions that follow. (10 marks)
Item Amount
(in billions of dollars)
Consumption expenditure 379
Government expenditure 99
Imports of goods and services 40
Interest and investment income 48
Profit of corporations and
government
enterprises 80
Income from farms and
unincorporated
businesses 40
Gross investment 176
Exports of goods and services 54
Wages, salaries and supplementary
labour income 365
Capital consumption allowance 60
Indirect taxes less subsidies 75
a. Use
the expenditure approach to calculate GDP.
b. Use
the income approach to calculate GDP.
c. Calculate
net domestic product (at factor cost).
d. Compute
net investment and net exports.
Do You Rely on AI?
Not even a little—our writers are real-deal experts with degrees, crafting every paper by hand with care and know-how. No AI shortcuts here; it’s all human skill, backed by thorough research and double-checked for uniqueness. You’re getting authentic work that stands out for all the right reasons.
If the
nominal GDP is $559 billion in the base year, and it rises to 577 in Year
1, and 605 in Year 2, what is the real GDP in each year, given that the
price index has risen from 100 to 104.5 in the first year and up to 108.3
in the second year?
If the price index 20 years before the base year was 41.2, and the nominal
GDP for 20 years before the base year was 191.0, what was the real GDP for
that year? Show your work in all cases. (10 marks)
In 2008,
India experienced a surge inflation exceeding 11 percent, large government
deficits, and rising interest rates. Most economists expected Indiaâs
growth to slow. (10 marks)
a.
Suppose that the Indian government reduces its deficit
and gets back to a balanced budget. If other things remain the same, how will
the demand or supply of loanable funds in India change?
b.
With economic growth forecasted to slow, future incomes
are expected to fall. If other things remain the same, how will the demand or
supply of loanable funds in India change?
c.
Distinguish between the crowding-out effect and the
Ricardo-Barro effect. How are the two effects related?
If a
severe drought decreased labour productivity in Zambia, explain what will
happen to each of the following. (10 marks)
Why Are You Top for Research Papers?
Our writers are Ph.D.-level pros who live for nailing the details—think deep research and razor-sharp arguments. We pair that with top plagiarism tools, free revisions to tweak anything you need, and fast turnarounds that don’t skimp on quality. Your research paper won’t just shine—it’ll set the bar.
a.
potential GDP
b.
employment
c.
the real wage rate
Statistics
Canada reported the following data for July 2004: the Canadian labour
force was 19.65 million; Canadian employment was 18.32 million; the
Canadian working-age population was 27.13 million. Based on these figures,
calculate the following for July 2004. (10 marks)
a. the
number of people unemployed
b. the
unemployment rate
c. the
labour force participation rate
d. the
employment-to-population ratio
Why Choose Essay Bishops?
You Want The Best Grades and That’s What We Deliver
Affordable Prices
We offer the lowest possible pricing for each research paper while still providing the best writers;no compromise on quality. Our costs are fair and reasonable to college students compared to other custom writing services.
100% Plagiarism-Free
You’ll never get a paper from us with plagiarism or that robotic AI feel. We carefully research, write, cite and check every final draft before sending it your way.