1.  What is stock exchange?

Q: 27. A tax imposed on sellers of goods will raise * price paid by buyers & lower the equilibrium…

A: Equilibrium in the market occurs at the intersection of market demand and market supply curve.…

Q: Which of the following is true when there is a tax imposed in a market with perfectly inelastic…

A: A product is said to be "completely" inelastic if it has an elasticity of zero. In other words,…

Q: 1.1. The following mathematical equations reflect the performance of the economy and inventory…

A: The Keynesian model of national income is the sum of the consumption function, investment function,…

Q: Consider the lottery x = (: 80, (: 80, 20,: 30). Assume : RDU with u(a) = a and w(p) =p². What is…

A: Given,  Outcomes of the lottery: 80 when probability is 1/6 20 when probability is 1/3 30 when…

Q: Answer the next question(s) on the basis of the following consolidated balance sheet for the…

A: Given that,  The required reserve  ratio = 10% Excess reserves can be calculated as ,  Excess…

Q: What is fiscal policy? Distinguish between a discretionary fiscal policy and a non- discretionary…

A: Fiscal policy is characterized as the strategy under which the public authority utilizes the…

Q: The graph directly below depicts the production of oil from the Gulf of Mexico, with market demand,…

A: Deadweight loss is the cost that society bears due to market inefficiencies. The wedge in terms of…

Q: The following is an example of a "net seller" of good 1, when the price vector is (2,1): a. The…

A: A consumer's budget constraint is a crucial characteristic in the buying and selling process; the…

Q: A consulting company estimated market demand and supply in a perfectly competitive industry and…

A: Firms profit = Total revenue - Total cost = (Price x Quantity) - (Total fixed cost + Total variable…

Q: Price elasticity of demand of 4.0 means that a 20 percent decrease in price will result in a 5…

A: Price elasticity of demand measures the responsiveness of change in quantity demanded to change in…

Q: Suppose the quantity demanded falls, relative to the values given in the above table, by 20 million…

A: In order to depict the relationship between quantity and price in aggregate demand—the entire amount…

Q: An increase in consumer confidence combined with an increase in nominal wages will Question 25…

A: The consumer confidence index determines the measure of expectations. When t rises, consumers expect…

Q: New Zealand dollar drops to lowest value against US dollar since 2020 (27/09/2022) The New Zealand…

A: The phenomenon of rising prices is termed as inflation. Inflation reduces the real value of…

Q: A project consists of the following tasks, with task times in weeks. Use the data provided to…

A: * SOLUTION :-  Given that ,

Q: What is the arithmeti

A: Given return for last six years = 14% - 17 % - 14 % - 20 % - 16 % & 2 %

Q: 2. (T/F) One way to reduce opportunism is to obtain inputs through spot exchange. 3. (T/F) In a…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Panel (a)

A: Government tax subsidy - If the government decrease the tax rate then it is called government tax…

Q: A manufacturer producer certain items at a labor cost per unit of P 125, material cost per unit is…

A: Break Even Point is the moment at which total cost and total income are equal, or "even," is this…

Q: QUESTION 8 An increase in output that arises from an additional unit of input is a. increased…

A: We know that, The change in output when one additional unit of input is called marginal product.

Q: If two countries have differing opportunity costs of production for two goods, then: a) each country…

A: Opportunity cost is the cost of producing 1 good in terms of other. Comparative advantage is where…

Q: Megan and Martha own competing hair salons that are in the same neighborhood. They are both…

A: Nash equilibrium is where both player chooses their best response and the best response of both…

Q: If I am earning positive economic profit then I made the decision that is a. the best by all…

A: Economic profit = Total revenue - Economic cost.  Economic cost = Explicit cost + Implicit cost.…

Q: Assume the following: Explicit Cost = 50 implicit Cost = 25 What does Total Cost equal? O a. 25 b.…

A: Total cost is the sum of explicit cost and implicit cost. Explicit cost is the direct expenses or…

Q: A "profit-maximizing" price searcher will want to charge a price that is greater than marginal…

A: A profit-maximizing price searcher firm produces at the intersection of MR and MC to maximize…

Q: 35. If the domestic price of commodities in a country is above the world price, that country will be…

A: Export is the supply of good to foreign country.    Import is the purchase of good from foreign…

Q: d) A firm's total cost C is given by the function: C=4X². Where x is the level of output and C is…

A: A unit of output is the total amount of products or services produced in a certain time frame (for…

Q: If the value of the $NZ increases then the price level will A. rise or fall depending on whether…

A: The equilibrium is where aggregate demand equals aggregate supply.  The price level and quantity is…

Q: Suppose that a firm produces wooden train engines in a monopolistically competitive market. The…

A: In monopolistic competitive market there are a large number of firms in the market selling…

Q: QUESTION FIVE Brian supplies customized ear buds. At a price of K6, and K12, only 12 and 5 are…

A: Since you have given multiple sub-parts questions, we will solve the first three sub-parts for you.…

Q: he automobile replaced the horse and buggy for everyday transportation. Electronic downloads of…

A: When goods and services are allocated equally among buyers,it is knows as allocative efficiency.When…

Q: Consider the investment function of the IS model. Suppose that in the long-run 20% of GDP is spent…

A: When a person expects future monetary benefits he/she does some kind of allocation of money which we…

Q: a. With the aid of appropriate diagrams, evaluate and illustrate the conditions required for…

A: A strategy plan called utility maximization aims to make people's and businesses' economic choices…

Q: You are told that Canada conducts much international trade with the United Kingdom. However, the…

A: International trade refers to the exchange of products and services between different nations. The…

Q: Suppose company XYZ produces a differentiated commodity. The company has substantial control over…

A:

Q: 1. Assume aggregate demand is represented by AD1 and full employment is $5.6 trillion. To restore…

A: Equilibrium is set up where the AD and AS are equal. The change in the Either AD or AS brings about…

Q: Consider a fiscal expansion under a fixed exchange rate regime, where a revaluation (an increase in…

A: Robert Mundell and Fleming wrote the theorem when there was a fixed exchange rate system. The model…

Q: New Zealand along with many other countries nas a progressive tax system. What is a proaressive tax…

A: A Progressive Tax is defined as a tax that tends to increase the average tax burden with an increase…

Q: onsider an individual firm competing in a market with many other producers and producing an…

A: Perfect Competition refers to the form of the market the situation in which consumers and producers…

Q: 7. According to the graph below, the equilibrium price in the market before the tax * is imposed is…

A: Market equilibrium: At the market equilibrium we have demand equals to supply. Or at market…

Q: Suppose the quantity supplied falls, relative to the values given in the table above, by 20 million…

A:

Q: Protective tariffs are: maximum limits on the quantity or total value of specific products imported…

A: Tariffs are the trade restrictions against free trade

Q: The slope of an isoquant is A. ΔLTC / ΔQ B.-ΔK / ΔL. C.ΔTVC / ΔQ D. None of the Above

A: In economics, an isoquant is a curve that is plotted on a graph, displays all the pairings of two…

Q: Choose... Choose... increase employment decrease wage rate shift outwards / to the right employment…

A: Labor  productivity is the term used for how much a labor produces a good or service in a given…

Q: Anita bought a new scooter for $500. She is deciding whether she should insure her scooter against…

A: Price of the new scooter=$500 1 out of the 10 scooters is stolen So the probability of…

Q: Consider a simple economy that produces only pens. The following table contains information on the…

A: Quantity theory of money says that change in money supply is proportionally equal to change in price…

Q: Frank's Fajitas can produce 45 fajitas per hour with five workers and one grill. One more worker…

A: Marginal cost is the additional cost incurred in order to produce an additional unit of output.

Q: Coins in people's pockets and purses are:        included in M1, but not in M2. included in both M1…

A: M1 consists of Coins and currency in circulation , travellers checks , checkable deposits.    M2…

Q: Consider the IS-LM model. The government wants to do fiscal policy either by raising government…

A: According to guidelines,an expert is required to solve only the first question when multiple…

Q: The Federal Reserves establishes the interest rate charged on funds it loans to banks and other…

A: Monetary policy refers to the policy implemented by the central bank to fluctuate the money supply…

Q: Suppose that home gardeners and farmers both use the same herbicide. Home gardeners are willing to…

A: The process of a company acquiring or owning other companies along its supply chain is known as…