Apply the mixed economy as an economic system in Bahrain economy using examples?

Q: Under the FLSA, states are preempted from requiring a higher minimum wage than the federal amount. ...

A: For employees in the private sector, as well as federal, state, and local governments, the Fair Labo...

Q: ood X as an input into its manufacturing process. It buys 8000 units of good X 1000 units of good Y,...

A: *Answer:       

Q: Which of the following is NOT an example of moral hazard? an insured person not using preventive car...

A: Moral hazard refers to the situation where insured party acts careless because he thinks any loss if...

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Q: Critical Thinking: Let's make it as realistic as possible to the US. In 2020, the US had both a gove...

A: The circular flow of income, also known as the circular flow, is an economic model in which major ex...

Q: The table below represents Freedonia's macroeconomic data for 2003 and 2004. Year Y K 2003 2000 1700...

A: First approach to find the growth rate of A. Year 2003: Y = AK0.25L0.75 => 2000 = A(1700)0.25 (70...

Q: Assume that the government sets a binding price ceiling on the interest rate that banks charge on lo...

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Q: 61. The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is ...

A: Total Fixed Cost =1000 Average Fixed Cost =Total Fixed CostOutput                                   ...

Q: Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of A...

A: ▪︎Theory of Marxism.This was started by Karl Max. It is a socioeconomic, political, and economic the...

Q: Suppose there are four gas stations in your town. The quantity of gas that each one is willing to su...

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Q: In GDP calculation, contrast the way durable consumption goods (e.g. a car) are treated relative to ...

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Q: 4 A furniture manufacturer makes chairs, coffee tables, and dining room tables. Each chairrequires 2...

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Q: Which curve shifts and in which direction when the following events occur in the tax accounting mark...

A: a) Answer:- Demand increases. Explanation:- On tax day, ever more individual are going to look to re...

Q: Demand for residential electricity at a certain time period in Hamilton County is normally distribut...

A:

Q: Consider the following cost curve for a firm in a competitive industry where the market price equals...

A: The rise or decrease in the cost of producing one more item or serving one more client is referred t...

Q: Which of the following examples shows the most elastic demand?

A: Price elasticity of demand: Price elasticity of demand shows the effect on demand with the change in...

Q: The National Zoo is enlisting your help in setting the price of its admission. The management is awa...

A:

Q: The production and prices in a country in two subsequent years are described by the following table ...

A: The formula for real GDP : Real GDP = Price of goods in base year * Quantity of goods in current yea...

Q: Assume a consumer's demand for a medical service is as follows: Q = 100 - Pp where Pp is the out-of-...

A: Answer is given below

Q: help me out with this please

A: A production function is a simple and occasionally graphical method of calculating production effici...

Q: Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Good...

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Q: Assume that the labour demand equation for a fictional country is La= 90 - 2(w), where w is the wage...

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Q: Assume that the government sets a price floor in the market for wheat and the price floor is set bel...

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Q: 1 Los Angeles averages  266.5 sunny days per year.     What is probability that Boston has at least ...

A: * SOLUTION :-  (21)   Based on the given information the calculation as follows.

Q: Using the information provided in the table below, answer the following questions.   Country A Count...

A: A country has an absolute advantage in producing the good which it can produce more than the other c...

Q: Explain the monetaey policy

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Q: An industrial plant bought a generator set for P90,000. Other expenses including installation amount...

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Q: Consider a consumer that lives only for two periods. He works in period 1 (and gets income Y1) and m...

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Q: 10. Which of the following statements about OPEC and the oil market during the 1970s and 1980s is (a...

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Q: What is the McWorld politics theory of Globalization? Including its advantage and disadvantage

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Q: Most U.S. states impose gasoline taxes as a way to collect revenue. Assume that there are no market ...

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Q: According to the government budget constraint discussed in the lecture, budget surpluses lead to a/n...

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Q: A survey of apartment prices in Lexington finds that prices are distributed normally with the mean p...

A:

Q: 1. Suppose that the value of $1 in Japanese yen decreases at the rate of 2% per year. a) Write the d...

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Q: Find  P(-1.35 < z < 1.35) a 0.8230     b 0.7990     c 0.7757     d 0.7531

A: Calculate value P(-1.35 &lt; z &lt; 1.35)

Q: The blue curve on the following graph shows the tradeoff between security and tourism; that is, com ...

A: The PPF shows the possible attainable points by an economy. In this case the economy is already on t...

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Q: 4. A manufacturing company leases for $100,000 per yr a building that houses its manufacturing facil...

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Q: 1. Suppose that demand is given by the equation QD=500 – 50P, where QD is quantity demanded, and P i...

A: Given  The demand equation is given by Qd =500-50P           ... (1) The supply equation Qs=50+25P  ...

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A: The above article is based on the usage and outcomes of the internet. In this going on era the role ...

Q: need this in words not handwritten please write this all in word form

A: Answer is given below          

Q: CAUTION: MANY PRODUCTS MAY NOT BE EFFECTIVE ON ROADRUNNERS The table below gives data on costs for t...

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Q: Suppose that you want to make a deposit into your account now such that you can withdraw an equal am...

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Q: The table below shows some data I got from FRED on the CPI and PCE deflator. The PCE deflator is a p...

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Q: Refer to the table below for a very simple economy producing three goods: movies, burgers and bikes....

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Q: small businesses management principles and big businesses management principles differences and simi...

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Q: Define modified Benefit/Cost ratio. An Engineering company wants to construct a dam on a river. The ...

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Economic Growth

It means the rise in the manufacturing levels of a country’s products/services over a while. It is calculated in terms of the real income of the people of the country. When the production of products/services begins, the manufacturers will hire employees, which in turn raises the income of the people and it will also raise the buying power, this eventually leads to the circulation of money that directly helps in the increase in the Gross Domestic Product (GDP). Thus, GDP is calculated by economists to calculate the growth in the country.