Briefly explain what are flow variables?

Q: Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse…

A: An inverse relationship shows the negative relationship between two variables. An example of an…

Q: What is economic region of production? Describe with diagram.

A: An economic region of production can be referred to as an area of economic sense in which the…

Q: Assume the following model of the economy: Y =C+I+G  C = 120 + 0.5 (Y-T) I= 100 -10r G = 50…

A: • The variable Y represents real output or real income.           we know that the value of the…

Q: What do you understand by the term ‘autocorrelation’?

A: Statistics: It is used for estimating a population parameter, describing a sample, or evaluating a…

Q: What is the importance of the circular-flow diagram?

A: Answer to the question is as follows:

Q: The slope for this graph is:

A: The slope of a line generally measures the rate of change of the variable in one axis to a change in…

Q: What is wrong with this graph?  a. It gives no information about the units for the variables. b.…

A: Figure illustrates the relationship between the two variables. This figure supposed to shows the…

Q: Frisbees are produced according to the production function q = 2K+Lwhere q =output of frisbees per…

A:

Q: 1. The cost in dollars, of producing x golf balls is given by: C(x) = 0.35x + 64 000 The average…

A: Answer -

Q: How are the slopes of the IS and LM curves determined? Explain with graph

A: IS curve refers to the goods market equilibrium curve which is explained by the Keynesian model. The…

Q: How would you interpret (1) an upward sloping curve and (2) a downward slope curve in a two variable…

A: Upward sloping curve shows positive relationship between the two variables and downward sloping…

Q: Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse…

A: Hi, thank for the question. Since there are multiple questions posted, we will answer first…

Q: Describe the mechanics of the circular flow model.

A: The circular flow of income and output describes the flow of income from households to firms and the…

Q: Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Linear Functions: 1. In economics, the demand for a product is the amount of that product that…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Is this a good variable definition? YES OR NO ? IF NO than explain why?

A: Answer 1) Yes this is a good variable definition Reason: Since Colton likes to know the time when…

Q: How you would mitigate the effect of autocorrelation in the analysis.

A: Correlation is a statistical tool used to show relationship between two variables. It shows how…

Q: The slope of a curve measures the rate of change of the ___________ variable.

A: The slope of the tangent at P. The incline of a bend y = f(x) at the point P implies the slant of…

Q: What is a circular flow

A: Circular flow model explains how an economy functions. It analyses the way goods, services and money…

Q: what is a Function? Discuss the following concepts of functions with the help of an economic example…

A: A function can be understood as the mathematical tool that helps to understand the relationship…

Q: one: remain unchanged shift outwards movement upwards along the same curve d. shift inwards e.…

A: Capital intensive implies that the useful cycle that needs a high level of interest in fixed assets…

Q: efine macro economic

A: Answer is given below

Q: Refer to the figure below. According to this graph, the relationship between hours of study time and…

A: When two variables are positively/directly related it means that when one variable's value rises,…

Q: What is the variable that adjusts the effect of the independent variable on the dependent variable…

A: There are 2 variables,dependent and independent variables.

Q: Briefly describe the IS curve and draw a full IS-LM-FE graph. List two factors that can shift IS and…

A: Meaning of IS-LM Curve: The term IS-LM curve refers to the combination between market goods and…

Q: What is an aggregate? How is it used in macroeconomics? Give two examples of specific aggregates…

A: The word aggregate used for something in totality.

Q: Which of the following is true of the circular flow diagram?

A: option first is right answer In circular flow digram, saving is leakage and investment is an…

Q: write a short note about the following variables and support your answers by giving examples for…

A: Total Fixed Cost (TFC) - Total fixed cost is the cost which does not change with the change in…

Q: How does circular diagram flow works?

A: The study of economics refer to allocation of scarce resources in the most optimal way, when the…

Q: explain Cohen & Plog's Model

A: The touristry trade has become one among the quickest growing industries and one among the biggest…

Q: a movement from a to c along curve T2.

A: Answer In an associate economy, the govt. Will increase the value level by exploiting expansionary…

Q: Briefly describe the concept of VIF (what is it, why do we use it) and explain how to calculate VIF…

A: Multicollinearity occurs in 'ordinary least square (OLS)' regression analysis when two or more of…

Q: In IS-MP model what variable is on horizontal axis? If IS-MP have different variable on horizontal…

A: IS that is an investment and saving is a downward sloping curve, this curve shows that with an…

Q: For an economy where: C = 75 + 0.7Y I= 125 a) Solve for Y". Include your calculations. b) Draw the…

A: GivenConsumption (C) = 75 + 0.7YInvestment (I)      = 125 Y = AE = C + I + (X -M)

Q: Explain the circular flow diagram

A: Circular flow diagram:- It refers to the graphical representation of flow of goods or services and…

Q: this question is for Macroeconomics but it didn't show  any option for Macroeconomics it just show…

A: Consumer price index measures the average prices of a fixed market basket of goods and services. The…

Q: When you copy a formula

A: Excel: It is a spreadsheet that is used for calculation, graphing tools, pivot tables, etc.

Q: Define macroeconomics.

A: Macroeconomics is the branch of economics which deals with economy-wide aggregative variables.…

Q: Use graphical method to solve the following LPP: Maximise Z = x+ 4y Subject to the constraints: x +…

A:

Q: What is a circular flow model

A: In economics, households refers to one or more persons that live in the same place and share meals.…

Q: ow to test the presence of autocorrelation.

A: AC {"Autocorrelation"} is described as a kind of serial correlation. It is the connection between…

Q: what does (D1/P0) represent?

A: This formula represents the following stated in the next step.

Q: The following graph shows the labor market for research assistants in the fictional country of…

A: Labour economics seeks to comprehend the operation and dynamics of wage labour markets. Labor is a…

Q: Can I get a macroeconomics article summarize and analysis here?

A: Macroeconomics could be a discipline of political economy that studies Associate in Nursing…