04 Jun Question MOD 5 DQ 1 Define “derived demand” in the context of the circul
Question
MOD 5 DQ 1
Define “derived demand” in the context of the circular flow model. Is the demand for all goods and services derived demand?
MOD 5 DQ 2
Are stocks and bonds substitutes, compliments, or both? If the cross-price elasticity is negative 1.2 (-1.2), what do you expect to happen to quantity demanded for bonds and bond prices if the stock price is expected to increase by 11%?
MOD 6 DQ 2
Based on “Grossly Distorted Picture,” how useful do you think GDP is as an economic indicator? What are its limitations as an economic measurement? How is the Human Development Index (HDI) a better barometer of economic well-being? What are its advantages and disadvantages?
MOD 6 DQ 2
Why do more countries not choose to adopt a single currency like those who have chosen to adopt the euro? What would be the advantages and disadvantages of adopting a single global currency?
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