a decrease in personal income taxes will increase the price level if the economy is operating in? a) Region 1 of the AS function. b) both region 1 and region 3 of the AS function. d) both region 2 and 3 of the AS function. e) none of the above.

Per-unit production cost is:     A)  a determinant of aggregate demand.   B)  real output divided by inputs.   C)  units of output divided by total input cost.   D)  total input cost divided by units of output.

1. Given ln Qda = 2.35 – 0.12 ln Pa - 0. 25 ln Y + 0.18 ln Pb – 0.26 ln Pc, (all in logarithmic form), which of the following is correct? Note: Qda is the quantity demanded for product “a”, Pa is the price of product “a”, Pb is the price of product “b”, Pc is the price of product “c” and Y is the income, ln means natural logarithm. A. the demand for product “a” is price inelastic B. the demand for product “a” is price elastic C. a 1% increase in the Pa will cause a 0.12% decrease in the demand for product “a” D. A and C are correct E. B and C are correct 2. Given: ln Qda = 2.35 – 0.12 ln Pa - 0. 25 ln Y + 0.18 ln Pb – 0.26 ln Pc, (all in logarithmic form), which of the following is correct? The definition of the variables are found in #1. A. product “a” and product “b” are substitutes B. product “a” and product “b” are complementary C. a 1% increase in the Pb will increase the demand for “a” by 0.18% D. A and C are correct E. B and C are correct 3. Given: ln Qda = 2.35 – 0.12 ln Pa…

1. If "Apparent Consumption" is adjusted with captive consumption and effect of abnormal factors, one arrives at a. Minimum Consumption b. Maximum Demand c. Optimum consumption d. Effective Demand 2. What is the Price elasticity if Quantities demanded and Price levels of the Base year and following year are respectively 10000 and 9000 (Quantities) and 600 and 800 (Price levels) a. -0.02 b. -0.37 c. -1.14 d. None of the options 3. Which of the following is a method used for EIA a. Regression analysis b. Pay back period c. Seismological survey d. Computer aided EIA 4. Among the list given below which one indicates the difference in the Nature of Equity and Debt a. Claim on the Firm-residual wealth, vs. Principal and dues b. Payment/Returns-Dividend vs. Interest c. Tax treatment- post tax disbursement vs. a charge to profit d. All of the options

Other things the same, when the price level rises more than expected, some firms will have   a. higher than desired prices, which increases their sales. b. higher than desired prices, which depresses their sales. c. lower than desired prices, which increases their sales. d. lower than desired prices, which depresses their sales.

Please type out the correct option with step by step proper explanation within 40 min. And give explanation of each option . I'll give upvote only for correct answer and execution . ( Thank you ) Suppose the economy is at the full employment equilibrium. The Government of Canada increases the tax rates. All else the same, this causes Select one: A. both short-run and long-run GDP to decrease and the price level to rise. B. short-run GDP to decrease and the price level to rise. C. both short-run and long-run GDP to increase and the price level to fall. D. both short-run GDP and the price level to rise. E. both short-run GDP and the price level to fall.

Refer to the Figure. If the economy is at point N on the curve, then a decrease in the tax rate will increase the deadweight loss of the tax and decrease tax revenue. decrease the deadweight loss of the tax and decrease tax revenue. increase the deadweight loss of the tax and increase tax revenue. decrease the deadweight loss of the tax and increase tax revenue. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

how to construct  the change prices(p1 * w1 + p * w).

 Calculate the rate of inflation when the Consumer Price Index went from 200 to 208.  Of the 200 million people who want to work, 180 million have jobs. Calculate the unemployment rate.  Calculate the expenditure multiplier when the marginal propensity to consume (MPC) is 0.7, with all other variables held constant.  Calculate the Real GDP to the nearest whole number when Nominal GDP is 1224 and the price deflator is 1.04.  When income increased from $14,000 to $15,000, consumption increased from $13,000 to $13,700. Calculate the MPC.

If MPC = .8, actual GDP = $5,000 and potential GDP = $4,900, there is a __________(recessionary / inflationary) gap of $_____ and a _________ (decrease / increase) in personaltaxes of $______ would eliminate the gap.