As coronavirus deepens inequality, inequality worsens its spread. Explain with comprehensive what the government can do to overcome or at least minimize the problems raised in the articl

Q: Suppose Joe changes his $1,000 demand deposit from Bank A to Bank B. If the reserve requirement is 1...

A: Suppose the initial demand deposit is %10,000Now, if Joe withdraw $10,000 from Bank AThus, change in...

Q: Suppose a consumer has an income of $40, the price of A is $5, and the price of B is $4. Which of th...

A: Here we calculate the combination of consumer budget line by using the given data and choose the cor...

Q: Consider the following one-period model. Assume that the consumption good is produced by a linear te...

A: Hi there , as you have posted multiple sub parts so as per our guidelines we will only solve first t...

Q: The New York Times (Nov. 30, 1993) reported that "the inability of OPEC to agree last week to cut pr...

A: OPEC or Organisation of the Petroleum Exporting Countries is a cartel of Oil-producing nations which...

Q: A discriminating monopolist is able to charge different prices in two different markets. If when the...

A: A monopolize may be a person, organization, or company that has complete management over a marketpla...

Q: If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious A...

A: The demand curve of a product depicts the quantity demanded of the product at each level of price, k...

Q: ay, you invest Php 100,000 into a fund that pays 25% interest compounded annually. Three years later...

A:       The answer is given below  

Q: Consider a repeated game with two players and two rounds. The stage game is shown below. Assume the ...

A: There are two players : Player 1 & 2  Strategy set of both the players : { L , M , H } Discount ...

Q: The major hypothesis of the structural change model is that development is an identifiable process o...

A: The structural change theory examines how undeveloped economies shift from a significant reliance on...

Q: Explain what responsibilities of "cost control" are in a project associated with the making of a Hol...

A: Step 1: Cost control: Cost control is the act of recognising and lessening operational expenses to b...

Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...

A: The demand curve of a commodity represents the quantity demanded of the commodity at every possible ...

Q: a) In Japan, from the 1990s to the late 2000s, the interest rates fell to very low levels. However, ...

A: a. Liquidity trap caused people to expect a higher real interest in the future. That discouraged the...

Q: why might we perceive central banks in the gold standard era as pursuing passive monetary policy ?

A: Central Bank is the only authority to implement monetary policies in an economy to influence the agg...

Q: Your marketing department has identified the following customer demographics in the following table....

A: Given: MC = $1 Group Value Frequency Baby Boomers $5 20% Generation X $4 10% Generation Y $...

Q: Identify one successful entrepreneur either living in your community or someone who is often in the ...

A: You've certainly heard of several successful Filipino entrepreneurs and their stories over the years...

Q: 3. Manhola has the following rational preferences over cars: • She prefers Cadillac to Audi • She is...

A: GIVEN   Manhola has the following rational preferences over cars: • She prefers Cadillac to Audi •...

Q: 1. Show on a single diagram, given a competitive market, how an increase in demand will provide the ...

A: Introduction: Perfect competition is a model or ideal type to which real-world market systems may be...

Q: The gross domestic product (GDP) of the United States is defined as the market value of all final go...

A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question spec...

Q: Suppose that each firm in a competitive pizza market has the following identical cost:  Total cost: ...

A: TC = 25 + 1.5Q2  TC has two parts, fixed and variable cost. Fixed cost is independent of the quantit...

Q: a) Draw a production possibilities curve (PP1). Label the horizontal axis Tools and the vertical axi...

A:   Meaning of Production Possibility Frontier: The term production possibility frontier refers to the...

Q: In a given town, demand for fish and supply of fish is given by P = 3,955 - 6 * Q and P = 1,012 + 24...

A: Given Supply equation of fish  P=1012+24Q            ... (1) Demand equation for fish:  P=3955-6Q   ...

Q: What amount of money invested today at 15% interest can provide the following scholarships: P30,000 ...

A: Money: Cash is a product acknowledged by broad assent as a vehicle of monetary trade. It is the medi...

Q: a. In what ways is economics a science and why do economists make? b. What is the importance of the...

A: The social science of economics is defined as "the study of the production, distribution, and consum...

Q: . Your parents make 25 equal annual deposits of $1,000 each into a bank account earning 4% interest ...

A:   An annuity is a contract with an insurance company that guarantees a steady stream of income to th...

Q: Question 9: If the central bank buys government securities from the private sector-money markets, ot...

A: Answer-

Q: Apply the three classes: core states, semi-periphery states and periphery states to see how a neo-Ma...

A: Neo Marxist identifies the problems from the class as a view on the (a) the false consciousness like...

Q: The gross domestic product (GDP) of the United States is defined as the _market value of v all final...

A: Gross domestic product is defined as the market value of final output generated within the economy.

Q: 3. Antitrust laws Cooperation among oligopolies runs counter to the public interest because it leads...

A: Antitrust laws are created by the government for the protection of the consumer from predatory pract...

Q: Determine the maximum amount that could be loaned at 8% interest if it is repaid as follows: (Draw t...

A: The payment is different in different year and the maximum amount that can be given as loan will be ...

Q: Mention one money mistake you think people make and why do they do it. Explain your reasoning

A: The economies around the globe tend to have various entities, who conduct various economic and finan...

Q: Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 c...

A: For the 10th scarf, Hugo was willing to pay $20 but had to pay only $12. So his consumer surplus was...

Q: Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36...

A: Below are the formulas: Current account = (Export - Import)+ Net Interest + Net transfersTrade Balan...

Q: The following graph shows the market for cakes in San Francisco, where there are over 1,000 bakeries...

A: Supply curve shows quantity supplied by producers at various prices. It slopes upward. When number o...

Q: A monopolist faces the demand curve Q=11-P, where P is measured in dollars per unit and Q in thousan...

A: A monopolist faces the demand curve Q=11-P And P = 11 - Q For drawing Demand curve on the graph. Cas...

Q: The theory of comparative advantage: O a. Claims that economic well-being is enhanced if each countr...

A: Economic comparative advantage is the ability of a country to manufacture a specific product or serv...

Q: BED 2206: INTERMEDIATE MICROECONOMICS        Instructions: Answer all questions QUESTION ONE 1. ...

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost th...

Q: San Drew is observed that many people in his town craves for ice cream because of their weather, but...

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific ...

Q: The following table shows the weekly demand and supply in the market for ice cream in Detroit. dy To...

A: * ANSWER :-  Given that ,

Q: Draw a market diagram showing how the equilibrium point changes if buyers income increase

A: Let initial supply and demand curve is as follows

Q: According to the new classical investment model we have: MPK = Gr + 8) i. Derive the above equation ...

A: since you have asked multiple questions and according to our policy we can solve the first question ...

Q: Which of the following is the best definition of the opportunity cost of a decision? The sum of all ...

A: The concept of opportunity cost does not always work since comparing two choices quantitatively can ...

Q: An increase in the quantity of hybrid cars supplied would be caused by which of the following?  A. A...

A: Demand curve shows the combinations of quantity demanded at different prices. Supply curve shows com...

Q: Consider the following statements about the Stackelberg game from the slides, assuming both firms ar...

A: Answer-

Q: If the price is greater than the marginal cost of produci O A) a loss. B) some producer surplus from...

A: Supply curve shows positive relationship between price and quantity supplied by suppliers. Its slope...

Q: Which question is an example of a macroeconomic question?  A. What is the level of industrial concen...

A: Microeconomics can be understood as a branch of economics that studies the behavior of an economy wh...

Q: Assume that Country A has an efficiency in output market. However, efficiency in the use of input pr...

A: Efficiency in the market and the country is being used would help in the optimal utilization by util...

Q: 4-19. In 2014, the average debt for college student loans is $32,300. This amount to a $300 monthly ...

A: Given: The loan amount is = $32,300 The monthly payment amount is = $300 Repayment loan period = 10 ...

Q: A company wants to automize its production line. Two main technology shortlisted after several studi...

A: Here we calculate the Present worth of Technology A by using the given information , so the calculat...

Q: a. Show the national income identity equation for a closed economy. b. Use the expression in a to sh...

A: Answer: (a). Closed economy: A economy that is not open to trade is called a closed economy. The nat...

Q: Create five questions covering the below question topic along with ideal answers that you would expe...

A: I assume a hypothetical situation which are demand function and and cost functions of monopoly firms...