Module 5 Test Chap 9&10

Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information. Part D: Determine how many jeans should be produced by each nation. (Show your work). Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology you have learned in this unit in your explanation.Part F: Finally, how many total jeans and cell phones will be produced by the two nations combined after specialization?

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7th Grade Social Studies Diagnostic Exam Directions: Please choose the correct answer by writing the letter provided. TIGER PRIDE!!!! (10 pts. each) The ancient Egyptian picture writing system was called A.) Hieroglyphics B.) Cuneiform C.) Phoenician D.) Swahili Answer: 2). The movement of people from one place or region to anothe A.) Urbanization

Classify the following as microeconomics or macroeconomics and provide a justification for your choice.(a) Research into why the growth rate of total production increased.(b) A theory of how consumers decide what to buy.(c) An analysis of IBM's share of the personal computer market.(d) Research on why interest rates in a country were unusually high.

A senator announces that states should be allowed to re-open their businesses, despite the risk of Covid-19, in order to help the U.S. economy. This is an example of a   Question 8 options:   A)  factual statement   B)  normative statement   C)  positive statement   D)  trade statement

PLEASE HELP! Create a theoretical framework on the following topic  How people have been affected and adapted to the rising food prices, because Covid 19 pandemic and the Russia/Ukraine war. The theoretical framework draws upon theories and concepts relevant to your research topic.  It outlines theory that is useful and that can be applied to your study.  You must use readings and research studies to compile this.

Butter Bread Figure D.1 The graph above (Figure D.1) shows a nation's production possibility frontier (PPF) for the production of bread and butter. Which of the following is true? (A) The opportunity cost of producing more butter is a decreasing amount of bread. (B) Point X represents unemployed economic resources. (C) The opportunity cost of producing more butter is a constant amount of bread. (D) Point X represents a labor force that has become less productive. (E) The opportunity cost of producing more butter is an increasing amount of bread.

Question: Which of the following best illustrates the economic way of thinking?  a)The ability to use cartographic techniques to describe the natural and human world in maps. b)The science of predicting fish populations based on environmental conditions, population, dynamics and commercial harvest rates c)The capacity to critically evaluate art and theatre. d)The ability to look at an event, such as a cold freeze that damages the orange crop, and predict how it will affect prices and markets.

Description Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information. Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? Show your work.in detail Part B: Calculate the opportunity cost of producing jeans for each country. Show your work in detail Part C: Calculate the opportunity cost of producing cell phones for each country. Show your work in detail Part D: Determine how many jeans should be produced by each nation. Show your work in detail. Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology in your…

Economics British American Tobacco (BAT) runs the largest private sector run afforestation program in Bangladesh. BAT Bangladesh initiated its afforestation program in 1980 when the forest department called on the private sector to support its endeavor to conserve the forests. BAT has contributed around 110 million saplings to the country’s afforestation initiative over the last 4 decades. As a large corporation BAT pays a significant amount of corporate tax to Bangladesh Government; recognized as one of the highest income tax paying companies in the country for the tax year 2019-20 in the last five years, the company has deposited more than Tk3,600 crore as Income Tax and Tk88,000 crore as VAT, to the National Exchequer. BAT enjoys the status of being one of the most high profile companies that are doing business in Bangladesh. a) Based on the above provide two reasons, with brief explanations, as to why BAT was involved in the afforestation program?

The eight (8) characteristics of a goal location of microeconomics business concept

Question "Minimum wage legislation is enacted to protect livelihoods and reduce the risk of vulnerable employment". Discuss this statement within the backdrop of the Sustainable Development Goals (SDGS) on employment and indicate whether minimum wages are justifiable or not.

1 The ABCs of Communism” represents: a) A pamphlet to help households in Hungary better deal with the post WWII transition to communism b) An elementary school text used to indoctrinate students into Marxism at a young age c) A book that served as a refutation of Marxism and a strategy to advance the USSR from centrally planned to a more market-based economy d) A book whose primary objective was to in spire support for communism among workers .

Unit    1    and    2    Practice    QuestionsStudents    are    expected    to    attempt    the    questions    before    attending    the    BBC    Session.Selected    questions    will    be    discussed    in    the Units    1    and    2    BBC    Session.Question    1a) What    is    Economics?b) Differentiate    between    Microeconomics and    Macroeconomics.c) Classify    the    following    questions    as    Microeconomics    or    Macroeconomics    and    provide    a    justification    for    your    choice.(i) How    will    the    market    for    melons    be    affected    after    Hurricane    Dean?(ii) How    much    will    the    Trinidadian    economy    grow    this    year?(iii) What    are    the    factors    which    determine    the    choice    that    a    person    makes    between    buying    a    Honda    Accord    or    a    Toyota    Corolla?(iv) What    will    the    inflation    rate    be    for    Belize? Question    2Which    of    the…

INTERNATIONAL TRADE Background  Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy. You are told that the new government is interested in moving away from agriculture and into manufacturing. To do so, the government wants to pursuit a policy of import substitution industrialisation (ISI). You are given a brief about Ghana highlighting the following points: About half of Ghana’s population depends on agriculture, but Ghana still imports some of its food. The majority of Ghana's people live in rural areas and exist on a subsistence way of life. Ghana has one of the highest rates of income inequality in the world. Nearly half of the population is employed in agriculture.   QUESTION        After a meeting with Ghana’s president you learn that the government is also interested in repatriating migrants that went to European countries to study engineering a decade ago. Explain how this is…

INTERNATIONAL TRADE Background  Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy. You are told that the new government is interested in moving away from agriculture and into manufacturing. To do so, the government wants to pursuit a policy of import substitution industrialisation (ISI). You are given a brief about Ghana highlighting the following points: About half of Ghana’s population depends on agriculture, but Ghana still imports some of its food. The majority of Ghana's people live in rural areas and exist on a subsistence way of life. Ghana has one of the highest rates of income inequality in the world. Nearly half of the population is employed in agriculture. QUESTION        The parliament of Ghana is debating whether import substitution should take the form of quotas or tariffs. You are asked to brief them on the difference between the two. A representative from Ghana's…

3/25/22, 10:56 PM Assignment Print View 7. The graphs below show the production possibilities frontiers for grapes and lemons in Spain and Argentina, with their current levels of production marked as points A and B. Spain and Argentina are trading partners, where the terms of trade are 1 million tons of grapes = 0.2 million tons of lemons or 1 million tons of lemons = 5 million tons of grapes. Each year, 4 million tons of grapes are exported. Spain's Production Possibilities 14 13 12 11 10 9. 8 7 A 4 2 1 0.4 0.8 1.2 1.6 2.0 Lemons (millions of tons) Argentina's Production Possibilities 6.0 5.5 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.4 0.8 1.2 1.6 2.0 2.4 2.8 Lemons (millions of tons) Using this information, complete the table below (all values are in millions of tons). https://ezto.mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=7.&postSubmissionView=13252718198728708&wid=D13252718466068729&rol... 1/2 Grapes (millions of tons) Grapes (millions of tons) ㅇ 50 B.

Question 1 Case Study: Production Possibility Curve for a Developing Country Introduction This case study explores the concept of the Production Possibility Curve (PPC) in the context of a developing country called Namiland. Namiland is known for its agricultural sector and has limited resources and technology. The country is facing the challenge of allocating its resources efficiently to maximize its production possibilities. Background Namiland has two main industries: Agriculture and Manufacturing. The country has a workforce of 10,000 people and limited capital resources. The government aims to maximize the production of agricultural goods and manufactured products to improve the living standards of its citizens. PPC Analysis The PPC for Namiland showcases the production possibilities between agricultural goods (represented on the y-axis) and manufactured products (represented on the x-axis). The table below presents various production combinations of agricultural goods and…

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State two concepts that Possessions/Material things can deliver in an individual's life and cite examples how these  concepts can be acquired. (1 example per concept)

Consider the specific-factors model with 2 goods: manufacturing and agriculture. Manufacturing requires labour and sector-specific capital, while agriculture requires labour and sector-specific land. Labour is freely mobile across sectors. The government is considering to impose an import tariff on agricultural products. Which of the following is true? (a)The relative price of agricultural products will go down. (b)Capitalists will support this initiative. (c)Agricultural production will increase. (d)Marginal product of labour will decrease in manufacturing.  Explain your answer clearly. Limit your explanation to 200 words.

[item no.5] (Multiple Choice) According to Huntington civilization identity will be increasingly important in the future, and the world will be shaped in large measure by the interactions among seven or eight major civilizations.  True False