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A: Keynes' macroeconomic view is referred to as the most practical view in economics as it deals with s...
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A: Note: Since you have asked a question with multiple sub-parts, I will solve first three sub-parts fo...
Q: What are DeBeers profits?
A: Answer: Note: Since the figure has a single downward sloping curve, here I am assuming that it is th...
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A: If the workers become more productive due to the training provided to them, the output would also in...
Q: Refer to the figure given. The fixed costs of this farmer are. ... Cost and demand conditions ATC AV...
A: Fixed cost: It does not change because of an increase or decrease in the number of goods or services...
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A: The equilibrium price of a good is determined at a point where the demand curve of a good intersects...
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A:
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A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for yo...
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Q: There are the three reasons why aggregate demand is downward slope: real wealth effect, interest rat...
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Q: In his “The General Theory of Employment, Interest and Money, 1936”, John Maynard Keynes stated that...
A: While financial markets are the markets that involve trade of money instruments, capital markets and...
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A: TC,AFC,AVC & MC can be represented as:
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A: a) Credit booms is a situation where US credit expansion run-up to the crisis which results because ...
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Q: Suppose that the supply curve in question 1 above product is given by P=12+(2/3)Q where P is in thou...
A: The provided information are: P=12+23Q
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A: Consumption: It is the use of goods or services by households.
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A: Opportunity cost refers to the cost of the next best alternative and the person's expenses before ch...
Q: Explain how differences in technology can cause trade between countries.
A: Differences in technology allows for different type of trades to take place. For example if a countr...
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A: Market Segmentation refers to divison of a broad and wide market which consists of existing and pote...
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A: The consumption function is the economic formula that is used to represent the functional relationsh...
Q: In a closed economy, savings, and investments are interacted/coordinated. 1. Who are savers and inve...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: What are DeBeers profits now? according to this graph.
A: Profits earned ( π )by a business firm are the difference between total business revenue and total c...
Q: Using Figure explain why the point of tangency of the budget line with an indifference curve is the ...
A: Budget line represents all possible combination of two goods on which a consumer spends all his inco...
Q: Explain how an upsloping aggregate supply curve weakens the realized multiplier effect.
A: The multiplier effect (m) states how an increases in autonomous demand of final commodities leads to...
Q: PARTIAL EQUILIBRIUM MODEL P НОME P FOREIGN S Q
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A: Marginal cost is the additional cost associated with the production of an additional unit of a good....
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A: Absolute advantage refers to the ability of an individual, a firm or a country to produce more quant...
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A: Given, Deposited money = Rs. 3 million RRR = 10% RRR fall to 5%
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A: Most favored nation are the nations that receive benefits of trade.WTO has certain rules regarding t...
Q: You run a game-day shuttle service for parking services for the local ball club. Suppose you are com...
A: Marginal Cost- it is the cost of production of one additional unit produced. MCn= TCn-TCn-1 Average ...
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A: Information asymmetry refers to a situation where one of the party in transaction has more informati...
Q: Theory suggests that higher deficits lead to higher interest rates and less capital investment. Whic...
A: A budget deficit is when spending exceeds income. It represents the poor financial health of an econ...
Q: Explain how differences in technology can cause trade between countries.
A: Answer to the question is as follows :
Q: Why would a firm choose to use one or more of the anticompetitive practices described in Regulating ...
A: A firm will choose to use one or more of the anticompetitive practices because outright collusion is...
Q: Suppose that a textile workers’ union encouragespeople to buy only American-made clothes.What would ...
A: This policy will improve the trade balance of the country as people are encouraged to purchase Ameri...
Q: First, graphically illustrate a doubling of income without price changes in the indifference curve m...
A: Indifference curve shows the different combinations of two goods in which an individual are indiffer...
Q: What is multiplier effect?
A: Answer: Introduction: Fiscal Multiplier refers to the change in the national income of a country due...
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- How – through which macroeconomic channels do interest rates affect markets for goods and services?Why is there a trade-off between the amount of consumption that people can enjoy today and the amount of consumption that they can enjoy in the future? How does saving relate to consumption and thus to economic growth? Why is the financial sector important in macroeconomics debates? Not more than 4 pages.Discuss briefly how do interest rates affect the economy?
- Explain the role that financial intermediaries play in an economy by giving a practical example.What is the relation between social economic and the financial crisis? What is the impact of financial crisis on social economic?What did the McKinnon and Shaw predict about the movements of interest rates oncefinancial markets are no longer repressed? Detailed Explain why.
- What does the Fisher Effect tell us about the bond and loanable funds markets? I will rate accordingly. Typed answer please.Provide one sentence discussion of your understanding to the importance of each role of global financial institution by Stiglitz 1. Macroeconomic and microeconomics policyExplain why negative real interest rates cannot exist in an economy that is properly functioning