1. The Gini coefficient gives a measure regarding ___________. a. the level of relative inequality b. the level of poverty c. the rate of growth d. disguised unemployment

Q: 1>Why does regulatory capture reduce the persuasiveness of the case for regulating industries for…

A: Regulation is widely characterized as the imposition of rules by the government, accompanied by the…

Q: Businesses are all perfectly competitive. They produce their output using labor and land (which is…

A: Answer - Perfectly competitive market :- Perfectly competitive market is a market where is no…

Q: Johanna has / =$181 to spend on goods x1 and x2. Her utility function is given by U (21, 22) = 2…

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Q: Why did some people want to form labor unions? A to improve working conditions B to open the…

A: Labor unions are groups of workers with leaders among them who band together to protect and develop…

Q: Suppose that the first P300,000 income earned is not taxed at all, the next P500,000 earned is taxed…

A: Introduction Data of income and tax structure has given. Table: Income T(y) tax percentage 0 -…

Q: 5.3 What is the slope (value) of Mrs. Bain budget line? 5.4 In theory, what is the slope (value) of…

A: An indifference curve is a graph that displays the combination of two items that give the client…

Q: 1. Use the following information from a fictional economy: Consumption, C = 250 + 0.8 Yd Investment,…

A: NOTE: As per Bartleby Guidelines, handwritten solutions are not allowed. Since we only answer up to…

Q: A local company assembling stereo radio cassette produces 312 units per month at a cost of Php 800…

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Q: 6. A fund for replacement of machinery in a plant must contain P30,000 at the end of 9 years. If…

A: Option a . P2,964.64 is correct answer     Given data,       After 9 years the required amount of…

Q: The three time lags that accompany policy decisions are called O a) recognition lag, implementation…

A: The three time lags that accompany policy decisions are: Recognition lag: The time it would take…

Q: The cost of maintaining a certain permanent monument in Washington, DC occurs as periodic outlays of…

A: The formula using for the annual payment is given below: A = F[i/(1+i)n-1] Were, F = accumulated sum…

Q: 1.) Consider the market for plastic grocery store bags. Suppose that demand for these bags is giver…

A: A Pigovian tax is a tax placed on any good which creates negative externality . The aim of a…

Q: Polaris Industries wishes to purchase a multiple-use in-plant “road test’ simulator that can be used…

A: MARR refers to the minimum rate of return on a project that a project manager or company is willing…

Q: In the Solow model, the steady-state capital stock is a function of:

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Q: An example of an expansionary fiscal policy is O a) eliminating certain deductions for taxes on…

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Q: 1. Use the following lon from a fictional economy: Consumption, C = 250 + 0.8 Yd Investment, I = 200…

A: NOTE:Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: All frictional unemployment is short-term unemployment; all structural unemployment is long term…

A: Unemployment is the status of not being able to find work despite actively looking for one.…

Q: For the purpose of calculating GDP, investment is spending on a.    stocks, bonds, and other…

A: GDP is defined as the total production of all goods and services within territory of the country in…

Q: If you have an idea of a product, a process or a service that you think will be in demand,…

A: In a market, an individual wants to operate a business with having an idea, process, and strategy…

Q: 17. Suppose that the Cuban economy is a closed one (ie X = M = 0). In 2016, the US government…

A: Here, it is given that the Cuba economy was a closed economy and it started making trade with US in…

Q: What is the usual shape of a marginal revenue curve for a monopolist? Why?

A: A monopoly is a market where there is one seller for the product and the monopolist has control over…

Q: CT Corp. is considering two mutually exclusive projects.  Both require an initial investment of…

A: Net Present Value, or NPV, refers to the difference between present values of cash inflows and the…

Q: Is the following true, false or uncertain? Assume that workers supply effort based on their…

A: Governments use contractionary fiscal policy to reduce government expenditure or raise taxes.These…

Q: 3) Jack's Labor Demand Problem Jack hires craftswomen like Jane to help produce widgets. Jack acts…

A: Monopsony is defined as the market condition where there is a single buyer, known as the…

Q: 19. Andrea's Day Spa began to offer a relaxing aromatherapy treatment. The firm asks you how much to…

A: "Total revenue (TR) is computed by multiplying price by quantity. Marginal revenue (MR) is computed…

Q: Which of the following is the most accurate statement regarding the problem with using life…

A: Life expectancy is one of the economic measures that is used to analyze the health of the people of…

Q: What value of T makes these two cash flow diagrams (see figure) economically equivalent at 15%…

A: * SOLUTION :-    Given that ,    Interest rate ( i ) = 15% = 0.15

Q: Pl and P2 play a simultaneous move game with payoffs given below. Suppose now that both players have…

A: Answer: The values of θ1 and θ2 will be given…

Q: Consider a Cournot duopoly model, where two firms compete by providing identical goods. The demand…

A: Firm 2 has 2 marginal cost where mC=2 is low marginal cost and mC=4 is the high marginal cost. This…

Q: Refer to the figure to answer the following questions. Price level (P) LRAS, LRAS2 SRAS, SRAS2 AD2…

A: goods market is in equilibrium when aggregate demand and aggregate supply are equal at certain price…

Q: 4.The following table shows that the united states and England produced wheat and corn quantities in…

A: Answer -

Q: Irade Center? 2. Explain the economic significance of the changes in stock market prices illustrated…

A: Economic significance refers to the statistical significance and economic consequences of a decision…

Q: Is the following true, false or uncertain? Consider a temporary positive inflation shock in a…

A: A fixed exchange rate is a regime applied by a government or central bank that ties the country's…

Q: explain are exchange rate volatility good or bad?

A: Concepts: Exchange rate: It refers to the price of one currency compare to the price of another…

Q: usands of shirts) At the current short-run market price, firms will in the short run. In the long…

A: The curve that depicts various quantities of goods and services being supplied at different price…

Q: In economic terms, how would Hilo state what has happened when his coworker says she will help him…

A: Answer: Double coincidence of wants refers to the situation where both the parties get what they…

Q: The AD schedule becomes flatter if: fiscal policy is relaxed. interest rate…

A: Aggregate demand basically refers to the whole quantity of demand for all completed products and…

Q: OPEN ECONOMY Consider a small open economy. Predict what will happen to the following variables in…

A: Investment refers to the use of savings in the production process. It includes the purchase of bonds…

Q: Which function of money is in each of the following cases demonstrating? (1) You pay $10 for a…

A: Functions of money are as follows: Medium of exchange Store of value Unit of Account

Q: 22.)Which of the following is a market-based policy intervention to correct the negative externality…

A: The situation that arrives when the consumption or production of a product would result in a cost to…

Q: . Fill in the table below. . Based on the table, how many hours should the student spend studying…

A: Total utility is the aggregate amount of fulfillment or satisfaction that a customer gets through…

Q: consumer

A: In an economy, the business cycle is used to explain the changes behavior of the market in a…

Q: What does the research and experimentation tax credit do? Group of answer choices A)Generates…

A: Answer: Research and experimentation tax credit: this tax credit can be claimed by the taxpaying…

Q: Consider the market for wheat where demand is given by: Q° = 80 - 2p and supply is given by: Q° = 40…

A: Given:- Qd=80-2p Qs=40+4p Wheats supplied=56.66 To calculate:- Deadweight loss=? Please find the…

Q: Contractionary fiscal policy occurs when the a) government decreases spending or decreases taxes to…

A: The use of the government spending and the tax policies to impact economic circumstances, notably…

Q: 1. Which of the following statements accurately describes the global food market? а. Globalization…

A: From manufacturing to consumption, the food supply chain encompasses all aspects of food production.…

Q: Assume the money supply is $1,000, the velocity of money is 12, and the price level is $4. Using the…

A: (Q) Assume the money supply is $1,000, the velocity of money is 12, and the price level is $4. Using…

Q: 1.) Consider the market for plastic grocery store bags. Suppose that demand for these bags is given…

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Q: 2. Monopolies are firms who dominate the market. A monopoly tends to set higher prices than a…

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: How can labor-saving algorithms and staffing models assist enhance healthcare efficiency?

A: Health care efficiency is defined as a comparison of delivery system outputs such as physician…