An empirical fact is that a country with more openness to trade than another also has higher GDP.  True  False

Q: If the marginal propensity to consume increases, we should expect that

A: GIVEN   If the marginal propensity to consume increases, we should expect that Is

Q: A manufacturer with exclusive rights to a new industrial machine is planning to sell a limited numbe...

A: Given  Domestic demand curve of machine: pD=320-x4         ... (1) Foreign demand equation for machi...

Q: Consider a bond with a principal of $1,000 that pays a coupon of $100 per year. If the bond matures ...

A: Bond: It is a fixed income instrument that represents a loan made by an investor to a borrower. We a...

Q: 1. Everything else held constant, suppose the economy is currently producing at the natural rate of ...

A: Answer: The given statement is True. Explanation: If the Canadian dollar appreciates then the import...

Q: Your friend made an investment of P 45,000.00 for 60 days at 15% simple interest. If withholding tax...

A: In the above question, it is given that : Initial Amount = P 45,000 Time period = 60 days Interest ...

Q: 3. You are an internet service provider and you have two types of customers, households and business...

A: In economics, profit maximization is the short run or long run process by which a firm may determine...

Q: rice 68 64 60 56 52 -Supply 48 44 40 36 32 28 24 20 16 12 Demand 123 45678 9 10 11 12 13 14 15 16 17...

A: Total surplus is sum total of consumer surplus and producer surplus. Total Surplus = Consumer Surplu...

Q: As we grow up, we are told about the virtues of thrift. Those who spend all their income are condemn...

A: Answer: We can analyze the prediction of "those who spend all their income are condemned to end p po...

Q: When the interest rate rises, bond values

A: GIVEN   the interest rate raise,bond values is

Q: how can a policy protect our environment?

A: To find : How policy protect our environment. 

Q: The graph below represents the demand g a monopolist. The firm uses price discrimination to increa p...

A: Price discrimination refers to the practice of charging different prices from different consumers fo...

Q: In order to reduce the ___________  problem in loan markets, bankers collect information  from prosp...

A: In the loan market, it can be said that a borrower has more information about his ability to pay bac...

Q: Explain the meaning and importance of studying environmental policy?

A: To find : Importance of studying environmental policy. 

Q: Which of the following is a monetary policy to combat a recession 1. cutting taxes. 2. increasing mo...

A: Monetary policy is the action taken by the Central bank of the economy at the time of recession or t...

Q: State the role of money in the economy

A: When talking about money in economics, it plays a vital role in making an effective exchange of good...

Q: machine is bought P420,000 with an economic life of 6 years and a salvage value of P50,000.The cost ...

A: To find : Deprecation. 

Q: Summarize this article. Provide your thoughts.?????Configuration Management vs Change Management Don...

A: Configuration management and chain management are two distinct concepts, although they are mutually ...

Q: Case: As part of the most recent collective bargaining agreement with employees, an employer must of...

A: In the above question, it is given that : Employers must provide medical insurance at "fair, non-pr...

Q: A necessity is defined as a good having

A: To find : What is definition of necessity. 

Q: Price 68 64 60 56 52 Supply 48 44 40 36 32 28 24 20 16 12 Demand 123 456 7 8 9 10 11 12 13 14 15 16 ...

A: The total surplus in a market is a measure of the total well being of all participants in a market. ...

Q: 19. Normal profit is A. O Part of total cost B. O Part of economic profit C. O Total revenue minus t...

A: Answer: Normal profit: normal profit occurs when the economic profit is zero. Economic profit refers...

Q: HOW WILL YOU DECIDE ON WHO WILL GET A COMMODITY OF MILK BASED ON THE CHARACTERISTICS AND ROLES OF 3 ...

A: An economic system is a way for governments or communities to distribute and organise resources, goo...

Q: . Distinguish between nominal GDP and real GDP?

A: Since you have provided multiple questions, we will solve the first question for you. If you want an...

Q: The following graph shows the market for loanable funds in a closed economy. The upward-sloping oran...

A: We have given a graph of the market for loanable funds.

Q: Your older sister is planning on saving money by paying her bills, spending money on fun, and then s...

A: The economics as a study is based upon the basic idea of scarcity, where the resources which are pre...

Q: The UK govenment has decided that the high consumption of alcohol is now becoming a global threat to...

A: Let suppose the alcohol market in UK is in equilibrium as shown in the below diagram. SS is the supp...

Q: Economy A's firms post 300 vacancies. There are 5000 employed wokers in Economy A, and no unemployed...

A: The formula for calculating the vacancy rate is: Vacancy rate = (Number of vacancies / Total number ...

Q: Suppose you are the mayor of a town and you want to increase safety at an intersection. A traffic li...

A: Given information: Installation of traffic lights will increase safety and reduce the fatality risk ...

Q: Use the following supply and demand schedules for skate boards in table 18.1, to answer the question...

A: According to the above given table, Equilibrium price : $500 Equilibrium quantity : 50 units

Q: Can Entreprenuership be thougth?

A: Entrepreneurship cannot be taught in the traditional sense of sitting in a classroom listening to a ...

Q: 3. Consider the utility function given by u (x1, x2) x1x2, and budget constraint given by P1x1 + P22...

A: As you have posted multi-subparts question, as per answering guidelines we are supposed to solve onl...

Q: Female and Male labor force participation in the US have similar levels and have followed similar ti...

A: The labor force participation rate calculates the percentage of total working age population partici...

Q: 18. The human effort applied to the production of goods is called in economics

A: To find : What is human effort applied to production of good. 

Q: Other things being constant, when a business issues more stock, the A supply of the stock is greater...

A: A stock is a security that addresses the responsibility for part of a partnership. 

Q: Quantity of Nominal interest rate money demanded Quantity of money supplied (percent per year) (tril...

A: The equilibrium nominal interest rate could be defined with the intersection between the demand and ...

Q: Ceteris paribus , in a closed economy , if consumers become more pessimistic ------? -saving will i...

A: When talking about pessimistic behavior, it can be said that people will have lesser confidence on t...

Q: A bank is insolvent when   Question 24 options:   a)  its liabilities exceed its assets.   b)  ...

A: Answer: (a) Its liabilities exceed its assets.

Q: Q)Discuss some empirical evidence on the importance of monopsony in affecting wages and inequality. ...

A:

Q: LENDER LOAN PRODUCTS SIGNIFICANT FEATURES Consumer finance Automobile loans They do not accept depos...

A: First Finance businesses in general or in case of Automobile loans do not take deposits; instead, th...

Q: What is the likely impact on equilibrium price and quantity in the mock meat market? Describe which ...

A:

Q: A deductible reduces ________ in exactly the same way as ________.   Question 10 options:   a)  m...

A: When talking about deductibles, it is the amount of money that an individual pays in advance to get ...

Q: If negative externalities exist in the production of a product, it causes causes_ of the product

A: Negative Externality : Negative Externality exists when the production or consumption of a good or s...

Q: In order to reduce the ___________  problem in loan markets, bankers collect information  from prosp...

A: When there is imperfection information between two parties, it leads to market failures. The two pro...

Q: The total cost of producing Q units of a given product is given by TC = 500+ 4Q2-12Q. Compute Margin...

A: According to the question, total cost is TC=500+ 4Q2-12Q. "Marginal cost MC is computed by taking fi...

Q: If the price level increases in the economy, A) The aggregate demand will fall and shift to the lef...

A: The price level is the average of current prices across all goods and services in an economy. The pr...

Q: 1 What is Proximity’s ‘design approach’ and how does it function in practice? How has it translated ...

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If y...

Q: UNIT 1 BU224 ASSIGNMENT TEMPLATE 3. Assume that a country that once had a lucrative oil-producing in...

A: Following are the few Basic Principles of economics: 1) People face trade-offs because resources are...

Q: a) What type of gap exists in this economy, and how big is that gap? (Select one) $ 0 b) By how much...

A: ANSWER   Planned Aggregate Expenditures

Q: QUESTION 12 The interest rate in Pakistan is 0.4, the exchange rate is 1.0 and market participants e...

A: Q 12 Its answer is d : 0.25 Interest rate of Pakistan = 0.4 Exchange rate of Pakistan = 1.0 Market p...

Q: O A. improvements in technology does not improve standards of living. O B. increases in land use low...

A: A pessimistic long run Malthusian always results that the population control does not increase the t...