Q: 1. Give ideas/examples can the international community (United Nations) take in improving affordable...
A: Answer - "Tahnk you for submitting the question but we are authorized to solve one question at a ti...
Q: Suppose the hourly wage is $25, the price of each unit of capital is $50, and the price of output is...
A: The marginal product of labour is the change in production that occurs when more labour is added, su...
Q: 5. In a Cournot duopoly model where both firms have the same marginal cost and produce identical pro...
A: Answer -
Q: Answer the folowing questions in relation rade a. Determine the opportunity costs for cach nation b....
A: Given The production possibility curve of both nations is a straight line which means that the oppo...
Q: Under which market structure, average revenue of a firm is equal to its marginal revenue
A: To find : Under which structure, average revenue of a firm will be equal to it's marginal revenue
Q: In Norway, one worker can produce either 8 pounds of smoked fish or 8 barrels of oil. In Saudi Arabi...
A: Given:- Production in Norway=8 pound of fish or 8 barrels of oil Production in Saudi Arabia=5 pound ...
Q: How can UNIDO address the negative environmental impact of the semiconductor industry while preventi...
A: Answer -
Q: How is marginal product affected if workers are added who are equally good at the job? a. The increa...
A: Law of diminishing return to scale implies that as the number of a variable input is raised keeping ...
Q: 4 Show that the swap rate for a standard swap with level notional amount is the same as the at-par y...
A: Calculation is shown Below....
Q: Developing countries like China and India start promoting investment. Use the Mundell-Fleming model ...
A: The great degree of integration or connectivity among financial or capital markets is one of the mos...
Q: Consider the utility function u(x, y) \x+2y+1/ (a) Find the equation for the marginal utility for x ...
A: Disclaimer: Since you have posted a question with multiple sub-parts, I am providing you with the an...
Q: Describe what happens to quantity of labor supplied when wages are at the equilibrium level, above e...
A: The markets are the place where the buyers and the suppliers of the goods, and services tend to meet...
Q: The preferences of agents A and B are representable by expected utility functions such that uA(x...
A: Pareto efficient allocation is the one from which no player/agent can be made better off without mak...
Q: how does the production theory and concepts affect revenue
A: Production is the process of transformation of inputs into output with use of services of factors o...
Q: The market for drones is perfectly competitive. Assume for simplicity that fractions of everything, ...
A: Perfectly competitive market: - it is a market condition where there are many buyers and many seller...
Q: The demand for bicycles is given by the equation: Q = 1000 – 5P - There are currently 100 identical ...
A: Given information Market Demand function Q=1000-5P Firms Cost functionC=252q2+20q+50 There are 100 f...
Q: Assuming normally shaped demand and supply curves, which of the following events would possibly resu...
A: Equilibrium in the market of goods and services occurs at the intersection of demand and supply curv...
Q: Which one of the following shocks can decrease prices and cause unemployment to rise? a) decrease i...
A: Due to an increase in government loans or contractionary monetary policy, the interest rate in an ec...
Q: 8. If the adult population of a city is 1,000,000 people, and the labor force size is 600,000 people...
A: Given; Adult population= 1,000,000 people Labor force size= 600,000 people Formula to calculate:- La...
Q: Northern Bank: Balance Sheet Assets Liabilities $420 $7,580 $8.000 Deposits Capital $7,000 $1,000 Re...
A: The given table shows the balance sheet of the Northern Bank and banks decides to maintain the reser...
Q: The graph represents consumption (C) as a function of disposable income (DI). Assume the consumption...
A: We have: DI represents disposable income C represents consumption. ------------------- According to ...
Q: A competitive industry consists of 100 identical firms. The short run cost function of each firm is ...
A: Competitive industry A competitive industry refers to a type of industry in which there is a large n...
Q: Joe is a smoker. He has a utility function for cigarettes smoked indoors (q) and a composite good (q...
A: Answer -
Q: On a [0.1] linear segment, two firms A and B selling the same good are located symmetrically at loca...
A: Consumer Utility = 10 - 4d - p Firm A is (L) = 0.2 (Given ) Firm B is at (1-L) = 0.8 Let us ...
Q: Consider a competitive, price-taking firm that employs only one variable input, labor, to produce a ...
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...
Q: 15.) Consider the market for microphones. What will happen to the equilibrium price and quantity in ...
A: Given : Due to pandemic , use of microphones is pushed for taking digital meetings rather than havin...
Q: Consider the two-period endownment economy model in which the net interest rate is 4 percent. The co...
A:
Q: g. Shift the appropriate curve or curves to show the short-run and long-run adjustments. Then place ...
A: During the short run, there is an inverse relationship between inflation and unemployment can be see...
Q: QUESTION 37 The European Union is the product of two political factors. The devastation of two world...
A: European Union:- The European Union (EU) is a global body that governs economical, political, and s...
Q: 3. Suppose the total cost of q units produced by an increasing-cost industry is given by C(q) =g + 8...
A: Total cost function: C(q) = q2 + 8q The function of aggregate willingness to pay: WTP(q) = 100q - 2q...
Q: . A Sixteen Tons Question: A coal mine in a small town is a monopsony with a supply of labor functi...
A: Monopsony refers to the factor market condition where single buyer exists in the market.
Q: Explain the reason why Albert Einstein said, "The hardest thing to understand in the world is the in...
A: During a deener, Albert Einstein said, "The hardest thing to understand in the world is the income t...
Q: Explain how non-discriminatory factors could contribute to differences between the average wages of ...
A: Discrimination according to gender causes a huge wage gap between men and women. Due to the discrimi...
Q: Let u(x1, x2) be a regular definite bend-down function (DKAB-RSQC). If μ(x1,x2) = ψ(u(x1,x2)) and dψ...
A:
Q: Consider the following open economy: C = 40 + 0.85x YD I = 1500 G = 1600 X = 240 M = 0.12x Y TR = 10...
A: C = 40 + 0.85*YD Differentiate C w.r.t YD to get MPCD MPCD = dc / dYD => MPCD = 0.85 ------------...
Q: QUESTION 47 e customs union CARICOM applies to: A. East Asian nations. B. Middle Eastern nations. C....
A: The answer is - D. Caribbean nations
Q: If the quantity demanded of bananas decreases by 5% when the price increases by 10%, demand is Group...
A: Answer: Introduction: When the percentage change in quantity demanded is greater than the percentage...
Q: PH debt as of today amounts to 12 trillion. This balloons with an interest rate of 0.16% yearly. Sup...
A: We have, The PH debt as of today amounts 12 trillion The Philippines have 110million people, with th...
Q: Suppose that in 2003, 995 workers were employed in the public sector, 691 of which were unionized. A...
A: The correct answer is given in the second step.
Q: The United States, Japan, and China are among members of a trade organization referred to as O A. AA...
A: APEC (Asia Pacific Economic Cooperation) established in 1989 APEC facilitates trade, economic growth...
Q: In a perfectly competitive market, why can’t prices above the competitive equilibrium price prevail ...
A: Perfectly competitive market A Perfectly competitive market is one in which a large number of buyers...
Q: ng country service sector workers who would be glad to come to vely higher wages. This effectively m...
A: A intermediate good is an item used to deliver a ginal goods or completed item additionally alluded ...
Q: QUESTION 26 Which of the following has the highest level of integration? OA Aneconomic union B. Afre...
A: An arrangement being made among nations that involve the elimination or reduction of trade barriers ...
Q: In a supply-driven economy, which of the following statements are correct? Select all correct statem...
A: To find : Correct statement regarding supply driven economy
Q: The table below shows labour force information for a hypothetical economy, Selkirk. Answer the follo...
A: Q1. Solution(a) Blank 1- 2.90 million Blank 2- 4.40 million. Blank 3- 65.90% Blank 4- 5.17% Blank 5-...
Q: b) i. Explain two reasons why some analysts argue that FDI will promote development & ii. two reason...
A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...
Q: An increase the U.K. interest rate the demand for U.S. dollars and so the U.S. dollar O a. does not ...
A: Impact of higher interest rate:- If interest rates are raised, investment would be discouraged beca...
Q: O A. The consumption function shifts from A to B and the saving function shifts from C to D. O B. Th...
A: The consumption function is the relationship between disposable income and consumption. Whereas savi...
Q: Question 3 A decision maker has a utility function U = VĪ. This decision maker is: O risk-loving. O ...
A: U = √I is a concave utility function. We know that for concave utility function the individual is ri...
Q: TRUE OR FALSE Selecting the best alternative always depends on the economy under study, rather than ...
A: Total Cost is the overall expenditure incurred in the production of all the goods and services.
4.People in other countries want to hold U.S. dollars as a
unit of account.
medium of exchange.
standard of deferred payment.
Store of value
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 3 - Which of the following is effective?A) Checks issued in foreign currencyB) Foreign currencies in the form of banknotesC) Foreign currency accounts in banksD) Bonds issued in foreign currencyE) Currencies142.) Currency (C) = 800 Reserves (R) = 400 Deposits (D) = 1600 What is the value of the currency-deposit ratio? 0.2 0.25 0.4 0.513 13 - : Where was paper money first used in history? a) Germany B) Chinese NS) USA D) Russia TO) England
- 129.) Currency (C) = 800 Reserves (R) = 400 Deposits (D) = 1600 What is the value of the reserve-deposit ratio? 0.2 0.25 0.4 0.5Only typed answer If you are an American, and you agree to pay 100 Euro to another person in 6 months, who bears the currency fluctuation risk----you or the person you will pay? Why?Use graph: (Hint: You can think of US dollar as the foreign currency in foreign exchange market) (3) a) This summer has been extremely hot. In fact, many crops that need water to thrive have been suffering from dry conditions. Does bad weather, which reduces crop production, make the Bangladeshi Taka weaker or stronger? b) The popularity of the leader of a nation can affect the value of their currency. If the Prime Minister of Bangladesh has a good popularity rating with the citizens of Bangladesh, does that make the Taka stronger or weaker? Can you describe why? Giving reasons, state whether the following statements are True or False. Give the reasoning regardless of True/ False (4)a. When Balance of payment is Positive, Official Reserve increases. b. Excess of foreign exchange receipts over foreign exchange payments on account of accommodating transactions equals deficit in the Balance of Payments.c. Export and import of machines are recorded in capital account of Balance of Payments…
- - Which of the following is not a function of money? Medium of exchange Unit of Account Resource for production Store of value Standard deferred paymentplease give all answer i have no more remain question sir please A loss of confidence in the banking system that leads to a run on banks - it is called 1. Currency crisis 2. Financial crisis 3. Banking crisis 4. Federal reserve crisis If 1 US Dollar could buy 0.9 Euro last month but 0.8 this month, it means the US Dollar 1. Appreciated 2. Depreciated 3. Stay the same 4. None of the above Simultaneous purchase and sale of a given amount of foreign exchange for two different value dates - it is called 1. Currency swap 2. Exchange rate swap 3. Exchange contract swap 4. None of the aboveWhy USD considered to be a world class currency and dealt with globally instead of Russian ruble or Chinese Renminbi or Euro ? Which factor makes it so reliable?
- 1. Money has several functions. Enumerate and discuss each function in your own words 2. On the basis of experience of countries with the use of a medium of exchange, such medium of exchange ought to possess certain characteristics. Discuss in your own words the characteristics of a good medium of exchange. 3. Discuss the development of the concept of money.1. Somebody has bought US Dollar with one-third of his money and Euro with two-third. Dollar has gained value over national currency by D % each month and Euro E % each month. The average monthly infiation rate is Y. Find the percentage loss of him/her at the end of a year. D=3,2 E=3 Y=1,7Economics After falling in half from 1947 to the 1970s (around 10 percent to 5 percent), the share of currency in circulation - also called "cash" - has been relatively stable. It's actually been increasing since the Financial Crisis, but this is probably due to the United States shipping more currency to foreign countries who want to hold and use dollars. In any case, many people find the fact that cash hasn't disappeared in the electronic era with a lot of new forms of payment (like prepaid cards, Venmo/Zelle, etc.). What do you think are the most important reasons why cash is still being held and used today?