A small open economy is described by the following equations: C = 50+0.75(Y-T), I = 200 -20r, NX = 200-50ɛ, M/P = Y- 40r E = 200, T = 200, M = 3000, P = 3, r* = 5
Q: True or False: Other things equal, the higher the rate of time preference, the more attractive inves...
A: In a market, people enter to make investment and earn return in terms of interest rate, rent, and so...
Q: 3. Assume equations 1 and 2 below were estimated from the data gathered that will represent the dema...
A: Note:- Since we can only answer up to three subparts, we'll answer first three. Please repost the qu...
Q: Yield (wheat) B A Fertilizer 25. What is the curve labeled B (in the figure from q24) and what does ...
A: Production possibility curve: It will help to decide what amount of quantity of goods to be produced...
Q: Problem 1 Consider the market for the rent of 1-bedroom apartments in Blandy-town. Quantity supplied...
A: Demand refers to the consumers or customers willingness to pay for different levels of quantity of a...
Q: 3. Two vendors simultaneously choose a location. Then the customers choose the closest vendor to buy...
A: Given information There are 2 vendors on straight line 5 location exists for vendors to set up Each ...
Q: Economists differ in their views of the role of the government in promoting economic growth. At the ...
A: Economists have different views on the role of the government in the economy. Some economists argue ...
Q: Explain how each of the following factors can cause demand to shift either to the left or to the rig...
A: The quantity of an item that consumers are willing and able to consume at various prices over a set ...
Q: For these examples you will be looking at the hamburger (a normal good) market. Identify the delermi...
A: Normal goods refer to those goods which show the positive relationship between income and demand for...
Q: In the following situation, indicate whether the physician's discriminatory action is taste-based or...
A: The cost of pharmaceuticals is rising at an alarming rate. Variation in physician practise has a sig...
Q: s in the tradeoff zone. C B D A E
A: Production Possibility Frontier : The PPF or the production possibility frontier is the curve which ...
Q: Identify the term being referred to: A certificate of indebtedness with fixed interest rate and mat...
A: Corporate bond is the term being referred to in the question.
Q: Alpha is a perfectly competitive profit-maximizing firm with monthly variable cost of $4000 and mont...
A: Here, it is given that Alpha is operating in a perfectly competitive market with the variable cost o...
Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 12 - E. I...
A: In this question we have to find out the benefits of adopting the new technologies with the help of ...
Q: Respond succinctly and precisely to each of the following scenarios. Hint: these are beginning with ...
A: Here, it is given that Brazil's currency appreciates against European Union's currency, that is euro...
Q: . Use the market demand on #3 and identify the range of price that will give a/an A. elastic demand ...
A: Individual demand curve equation Qxd=65,000-11.25Px+15Py-3.75I+7.5A ... (1)
Q: The availability of alternative entertainment methods has resulted in a large decrease in theme-par...
A: The government authority is considering forcing a cost floor for the sake of entertainment fair tick...
Q: Suppose Carmina and Allen both produce two products - wallets and shoes made out of fine shell cordo...
A: Absolute advantage: When producing a commodity the individual or country will produce the output at ...
Q: Asymmetric information can lead to adverse selection which means: a. Only a specific subset of a ma...
A: Meaning of Market: The term market refers to the situation under which the producers or the seller...
Q: A. Assume a market of a specific good. The demand and supply equation is as shown below: Po = 70 - 3...
A: As it is written that the supply curve shifts horizontally we make Q the subject for the original su...
Q: An inverted yield curve predicts that short-term interest rates
A: If the yield curve is downward sloping then it will be known as an inverted yield curve.
Q: Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school tr...
A: Equilibrium occurs at such a price where quantity supplied is equal to quantity demanded. Disequili...
Q: The partial data in the table below are for the economy of Arinaka. Planned investment, government s...
A: The aggregate demand is the total demand for all finished goods and services produced in an economy....
Q: A perfectly competitive firm has the following total cost function TC=10+20². The price is given at ...
A: TC = 10+2Q2 Differentiate TC w.r.t Q to get MC => MC = dTC / dQ => MC = 4Q -------------------...
Q: Instructions: In parts a, b, and c, round your answers to two decimal places. Enter your answers as ...
A: Demand elasticity is defined as the contraction or expansion of demand in response to price changes....
Q: 3 Consider a project which involves the investment of P100,000 now and P100,000 at the end of one ye...
A: Present value (PV) is the current value of a future sum of money or stream of cash flows given a spe...
Q: According to the classical economists, those who are not working A) are unable to find a job at the...
A: The Classical Economist assumes that the economy is always at full employment and those who are not ...
Q: lack to Assignment Attempts Do No Harm/2 5. Understanding the cost disease of personal services Thre...
A: Answer-
Q: 1. Risks in the business arise because of
A: To find : Reason for arise of risk in business
Q: The demand function p=2000-3q2 and total cost C=2q2+800. Find the price that maximizes profit.
A: The profit function is given by, π(q)=p*q-C(q)=(2000-3q2)q-2q2-800=2000q-2q2-3q3-800 First order con...
Q: In Carpenter (2002) the influence of pressure groups is measured using: Select one: O a. The number ...
A: Pressure group: Pressure gatherings might address a strong minority force in the public eye and appl...
Q: Two processes can be used for producing a new engine. Process A will have a first cost of P750,000, ...
A: Future Worth is calculated by compounding the cash flows to end life of the project at a given inter...
Q: Which government policy measure would reduce the price of a product and increase the quantity traded...
A: d. The granting of subsidy Option "d" is correct. A subsidy is a government payment paid to individu...
Q: 3. Assume equations 1 and 2 below were estimated from the data gathered that will represent the dema...
A: *Hi there , we are solving parts L , M & N as they follow same conditions for the question . To...
Q: Refer to Figure 10.2. Which line represents earnings? Goods Next Year 360 275 110 100 120 140 Goods ...
A: The budget line is defined as all combinations of two commodities that are affordable by the custome...
Q: Why should decision makers set MB equal to MC?
A: The marginal benefit of an action is that the extra benefit associated with a 1 unit increase within...
Q: Consider a project which involves the investment of P100,000 now and P100,000 at the end of one year...
A: Gh
Q: In March 2007, the U.S. unemployment rate was 4.4 percent. In August 2008, the unemployment rate was...
A: The labor force is the summation of employed workers and unemployed workers. The employed workers ar...
Q: Question 11 In March 2016, the U.S. nonbank public held $1.3 trillion in currency. The checkable dep...
A: There information about the monetary base of the United States in March 2016 is given.
Q: 2. Show graphically that tax cuts are a lesS effective fiscal policy tool the greater the sensitivit...
A: In an economy, when investment is highly sensitive to the interest rate, it is the situation when ID...
Q: Movement along the aggregate demand curve Shift of the aggregate demand curve Answer Bank a rise in ...
A: Aggregate demand refers to the macro-economic term that is used to describe the total demand for dom...
Q: Given four proposals for funding a new project with a 100M limit on capital funding and the MARR is ...
A: External Rate of Return is found out using following steps : => Discount all the cash outflows to...
Q: Use the model of supply and demand for bonds to illustrate and explain the impact of each of the fol...
A: The equilibrium quantity and prices of bonds are dependent on the demand and supply of bonds. Also, ...
Q: b. What is the firm's demand curve (don't give me back the industry demand curve. The firm's demand ...
A: At equilibrium, Market demand = market supply 135000-5000P=-25000+3000P3000P+5000P=135000+250008000P...
Q:
A: Real per capita GDP shows total economic output measurement of a nation which is divided by people c...
Q: Recycling 0os't Total economic profit is highest when the recyding production method is When the tan...
A: The Coase theorem states that when property rights are clearly defined, perfect competition results ...
Q: If the inflation rate is 3% per year, how many years will it take for the cost of an item to double,...
A: GIVEN If the inflation rate is 3% per year, how many years will it take for the cost of an item t...
Q: The was a consumer sees the product as it compares to other similar products in the market is
A: Answer:- A substitute, or substitutable good The way a consumer sees the product as it compares to o...
Q: Suppose the short-run production function is q = L?. If the marginal cost of producing the ninth uni...
A: The term "cost of production" refers to all the costs that are involved when a company offers a serv...
Q: our two younger brothers both looked at your notes and thought the answer to the question “what savi...
A: Consumption: Utilization is the demonstration of utilizing assets to fulfill current requirements an...
Q: Which of the following best captures the main idea of Bastiat's "The Candlemaker's Petition? O It is...
A: Frederic Bastiat was best known for his thesis against protectionism as he identified some ineffecti...
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
- If the real output of a DVC increases from $100 billion to $140 billion and its population increases from 200 to 220 million, its real per capita output will have increased by about $136. increased by about $40. decreased by about $20. remained unchanged.A donor made the following donations during 2018:To Abel, a car worth 800,000To Jen, a condominium worth 3,000,000 in MacauTo Gore, GJ Company shares (domestic corporation) amounting to 250,000 To Alexa, 100,000 worth of shares of stock of a resident foreign corporation where 90%of its operation is in the PhilippinesTo Earl, a building in Singapore valued at 5,000,000 mortgaged for 2,000,000 assumedby the doneeTo Hannah, parcel of land in Isabela, 1,500,000To Chen, 100,000 bank deposit in BPITo Kristine, 100,000 bank deposit in Metrobank, US BranchTo Gavrie, 500,000 cashThe donor also made the following transfer of properties within the year: ConsiderationReceived Fair market value at thE time of transfeR Land 1 – QC 2,000,000 3,000,000Land 2 – Taguig 3,000,000 2,000,000Land 3 – USA 5,000,000 10,000,000Car –…If the starting level of GDP is £2.7tn, and GDP grows at 3% per year for four years, at the end of the fourth year, GDP will be: a. £7.711tn b. £3.039tn c. £2.950tn d. £3.024tn
- You are given the following information: Consumption of goods and services $1,250 Gross business investment 350 Government expenditure 400 Depreciation 100 Indirect business taxes 25 Corporate retained earnings 150 Corporate taxes 95 Personal taxes 250 Determine: Gross National Product. Net National Product. National Income. Personal Income. Disposable Income. Personal saving. Business saving. Government saving. i. National saving. Show that national saving equals gross business…Requires: In your OWN WORDS, discuss the following terminologies & concepts: Payback Period Accounting Rate of Return Net Present Value Internal Rate of Return Economic Growth and Economic Development GNP/National IncomeCompanies failing to comply with the GDPR can be fined up to _____% of their global annual revenue The GDPR specifies that any new system must be built with data security and privacy in mind. This is an example of what?
- It is known that the economic data of a country is as follows: Y=C+I+G+NX, C=800+0.8(Yd), I=300-100r, G=2750, T=2900, NX=1500-600r a. Question: The balance of national income closed Economics and open economics, national saving, State Budget If r=10% b. If state spending increases by 150 from before, the question is the same as (a)how do you calculate the precentage change in production when valued at 2018 prices?Suppose that in a closed economy GDP is equal to 11,000, taxes are equal to 1,500, consumption equals 7,500, and government purchases equal 2,000. What is national saving? a. -500 b. 0 c. 2,000 d. None of the above is correct.
- An aggregated value is made up of many smaller values? True or FalseEconomists from Funlandia have collected the following information about the economy (all measured in billions of bucks): Y = 12, C= 9, T = 2, and G = 2.5. The economists also estimate the investment function is I = 2 – 0.5r where r is the country’s real interest rate expressed as a percentage. Calculate private saving, public saving, national saving, investment, and the real interest rate.Suppose Country A has a NNP of $480 billion. Income receipts from the rest of the world are $26 billion, income payments to the rest of the world are $10 billion, and depreciation is $45 billion. What is the dollar value of consumption expenditure if it accounts for 68% of GDP? Throughout your calculations, round to one decimal place if necessary. 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