Briefly define the terms in 30 to 50 words each: 1: Stagflation, 2: Depression and 3: Recession

Q: Where does the Central Bank's profit go?

A: Central Bank of an economy cab earn profit in terms of interest income as it provides loan to the co...

Q: 1. A company considers purchasing a new machine that costs P600,050.00. It is projected that the mac...

A: Net present value = Present value of benefits - Present value of costs

Q: A $1,000 bond has a coupon rate of 6% and pays every six months. Assume that the bond matures in 10 ...

A: A future sum of money or stream of cash flows' present value (PV) is the current value assuming a sp...

Q: What is your understanding of capitalism? How is capitalism compared to liberalism and neoliberalism...

A: 1) What is Capitalism ? Capitalism is a economic framework where private people or organizations own...

Q: Why do we need microeconomic models? Using appropriate diagram(s), explain how changes in a factor t...

A: A microeconomic model describes the prices for a good in a particular market as a function of supply...

Q: Please explain what is meant by externality, then give an example of an externality case positive an...

A: Answer 1 Externality is the cost or benefit that the market transaction brings to the third party. I...

Q: A demand function is given by: q = 3y+2y? -6p² - 5p-4 4. y>0 where q is quantity demanded, p is pric...

A: Answer:

Q: I'l upvote if it is complete. Thank you

A:

Q: Refer to the accompanying figure to answer the next three questions, Price S. P3 P2 37,500 50,000 68...

A: A binding price ceiling is imposed below the equilibrium price. It leads to shortage in the market b...

Q: What is the elasticity of demand if the inverse curve of demand is P = (20 - 2Q)1/2 and 2 units are ...

A: Given  Demand function: P=20-2Q1/2          .... (1) The formula for price elasticity of demand: e=d...

Q: Shift the demand curve, the supply curve, or both on the following graph to illustrate both the shor...

A: Demand Curve: - demand curve is the graphical way of showing the relationship between the quantity d...

Q: Consider a fictional price index, the College Student Price Index (CSPI), based on a typical college...

A: A price index is a measure of relative price changes that consists of a sequence of numbers structur...

Q: If the dollar depreciates relative to the Swiss franc   Question 16 options:   a)  Swiss chocolat...

A: When the dollar depreciates against swiss franc, the exports of US become cheap in foreign market an...

Q: r parity if it depreciates by an amount equal to the excess of:   Question 3 options:   a)  Forei...

A: Inflation: it refers to the decline in the purchasing power of a given currency over time or inflati...

Q: An individual preference scale for two goods x and y is defined by the marginal rate of x- a Show th...

A:

Q: 2.10 APPLYING KEY CONCEPTS Mean curves. In each problem below, there is an explanation of something ...

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...

Q: QUESTION 10 Which mechanisms does the Federal reserve have to influence the money supply? O open-mar...

A: The central bank's policy of using policy instruments to control the money supply in the economy is ...

Q: The elasticity of transit demand with respect to price has been found to be equal to -2.75. which me...

A: Given, the elasticity of transit demand with respect to price is -2.75. 

Q: 4. "It is not the continued shift of the SRAS curve that causes continued inflation". Explain this s...

A: "It is not the continued shift of the SRAS curve that causes continued inflation". The explanation i...

Q: The most common definition that monetary policymakers use for price stability is   Question 15 optio...

A: Inflation rate is the increase in average price level of goods and services produced in the economy.

Q: B.3. Assume you can work as many hours you wish at £10 per hour (net of tax). If you do not work you...

A: Assume you can work as many hours you wish at £10 per hour (net of tax). If you do not work you have...

Q: A company's second year operations can be summarized as follows: Revenues: $110 000 Expenses (except...

A:

Q: Assume that we have a foxed supply of a depletable resource to allocate between two periods. Assume ...

A: How much output must be allocated between two periods depend on the discount rate.  The present valu...

Q: A company has issued five-year bonds with the annual coupon and the repayment of principal linked to...

A: The most widely recognized index and a sign of the expansion are the Consumer Price Index (CPI), whi...

Q: (Table: Fresh Fruit Murket and Spoiled Not Foxxd T) Payofls are in thousands of dollars. Spoiled Not...

A: Nash Equilibrium is a situation when every player plays their best response and has no incentive to ...

Q: Why are the elements found in the I=P x A x T important in terms of impacting our environment? impa...

A: Whilst the equation may appear to be an oversimplification of the numerous issues that face our envi...

Q: (A) explain how rapid urbanization can pose a problem in the country. Explain in 3 sentences only. (...

A: Money has been evolved since long back and people utilise money for various requirements. There are ...

Q: Jackson Hardware, a firm in the perfectly competitive custom hardware industry, asks you for your ex...

A: A perfectly competitive firm is a price taker and can sell any quantity of the commodity at the mark...

Q: The New York City Parks Department learned an important lesson about elasticity when it decided to i...

A: According to the question, Old price = $100 New Price = $200 Initial Quantity Demanded = 2000 New Qu...

Q: Consider a utility maximizing consumer who generates utility according to the following utility func...

A: Given  Utility function: U = ln(k)+s           .... (1) Price of good k is pk and price of good s is...

Q: The world price is still $2 and there is still free international trade with no government intervent...

A: With equilibrium price of $5 price, the domestic sellers will fulfil the demand in the country. At w...

Q: Critically/quantitatively evaluate the following statement (true, false or uncertain): • In a linear...

A: Ordinary least square method is used to regress dependent variable on independent variables. Here on...

Q: The supply and demand curves for a product are given by the following equations: P = aQs + b and P =...

A: Given information Demand function P=cQd+d Supply function P=aQs+b  

Q: Each consumer has the following demand for annual visits to a park is: Q = 100 - P, where Q is the n...

A: Given:Q=100-P MC=$10

Q: P. a, o, Quantity Demanded Refer to the diagram. In the PP price range, demand is Price

A: Elasticity is the degree of responsiveness of demand with respect to the change in the price of the ...

Q: At the profit-maximizing output level, the slopes of the revenue and total cost curves are not equal...

A: The correct answer is given in the second step.

Q: Suppose that the market for dress shirts is a competitive market. The following graph shows the dail...

A: Here, the given graph shows the marginal cost, average variable cost and average total cost curves o...

Q: Which of the following is NOT an entity of the Federal Reserve System?   Question 19 options:   a)  ...

A: Federal reserve system is the central bank of United States which maintains the flow of money supply...

Q: What best describes the long run? a period of time that labor can change a period longer than six mo...

A: The long run is a span of time during which all production parameters and costs are subject to chang...

Q: With its new global mobile phone service, Ultra Mobile offers the following price schedule: • Your f...

A: Demand Curve: - demand curve is the graphical way of showing the relationship between the quantity d...

Q: "At the time of the Great Depression the Secretary of the Treasury Andrew Mellon was quoted as sayin...

A: depression, in economic matters, a significant slump in the business cycle portrayed by sharp and su...

Q: The supply and demand curves for a product are given by the following equations: P = aQs + b and P c...

A: Given information Demand function P=cQd+d Supply function P=aQs+b new demand function Q=1520-5P P=18...

Q: One factor which did not influence the levels of real output and employment in the labor market was ...

A: The correct answer is given in the second step .

Q: (4) Suppose the price elasticity of demand for a good is -0.2. If there is a 5% increase in the pric...

A: We have given that the price elasticity of demand is -0.2 The formula for price elasticity of demand...

Q: Has the following demand for annual visits to Planet Fitness: Q = 100 - P, where Q is the number of ...

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

Q: What is marginal revenue? the addition to total revenue from selling one more unit of output the add...

A: MR is the expansion in revenue that outcomes from the offer of one extra unit of result.

Q: Apex is a perfectly competitive firm. It has total fixed costs of $300/day and a daily variable cost...

A: (a) Quantity TVC MC 0 0 NA 1 100 100 2 180 80 3 220 40 4 300 80 5 390 90 6 500 110...

Q: Help with iii. and iv. No handwriting please  Susan has the option to purchase eyeglasses, E, $3 ea...

A: Given; Price of E= $3 Price of O= $1 Income= $24  

Q: A graphical illustration of the law of demand and supply, indicating the different parts of a graph.

A: Demand and supply are two very important concepts in economics used to determine the equilibrium pos...

Q: Explain the advantages and disadvantages of monetary policy and macroprudential policy in dealing wi...

A: Asset Price Bubble occurs whenever the price of an asset such as real estate, bonds, commodities, st...