Chart Title 20.000% 15.000% 10.000% 5.000% 0.000% 2009 010 2011 2012 2013 2014 2015 2016 2017 2018 -5.000% -10.000% Economic Growth Rate GDP Inflation Rate Unemployment Rate
Q: Calculate the value of total cost if fixed cost is $10 and variable cost is $22
A: The Given information is follows:- Fixed cost of firm = $10 Variable cost = $22 We have to find tota...
Q: The Flying Geese Development Paradigm is popular set of stylized facts to describe Asian development...
A: Flying geese model is one of the most important thesis in the development of Asian economies in the ...
Q: Explain with the help of diagram why a perfectly firm may experience loss or positive economic profi...
A: Meaning of Perfect Competition: The term perfect competition refers to the market under which ther...
Q: Many believe that the main objective of government economic policy should be to increase productivit...
A: Given that:- reasons for 1. Govt economic policy affect the economic growth positively e.g jamica go...
Q: Calculate elasticity of supply if fall in supply is 11% and the fall in price is 8%
A: The information given is:- % fall in quantity supplied = 11% = -0.11 % fall in price = 8% = -0.08 We...
Q: Why do governments so often choose to protect favored industries with tariffs? Group of answer choic...
A: * ANSWER :- The gains from protection are enjoyed by many while the costs are borne only by a few.
Q: Compare the accumulated values at the end of 10 years if P100 is invested at the rate of 12% per yea...
A: Option e correct answer P332 Explanation Let's we concider given data P=100 (principle that investe...
Q: 2 a b d e 1,2 2,1 1 С -5, —1 |-4, -1 -4, –1 -1,–6 |-3, –4 -1,–6 0,0 1,2 2,1 A 2,1 В 0,0 1,2 2,1 0,0 ...
A: The set of strategies for a player who survives the iteration of the never best rule. Her set of rat...
Q: In the graph of Figure I, the annual growth rate of the GDP of the United States economy is presente...
A: In Graph A, In the short run, There is an increase in aggregate demand. An increase in aggre...
Q: The repair cost for an equipment starts at $80.00 at the end of the 1st year and increases at a rate...
A: Initial repair cost for an equipment=$80Incremental of repairing cost=6% per yearUseful life of the ...
Q: Output TC ($) 200 250 15 300 20 350 23 400 25 450 Refer to the information above to answer this ques...
A: We know that Total cost is equal to Fixed cost and variable cost . Total cost = Fixed cost +variable...
Q: QUESTION 23 Suppose that some country had an adult population of about 46 milion, a labor-force part...
A: Given information, Adult population= 46 million Labor force participation rate= 75% Unemployment ra...
Q: Suppose we are given a production function: q = [alP + (1 – a)kPlē a. (1– a)-1 and MP= a(-)-1 Please...
A: RTS is the rate of technical substitution which is equal to the ratio of marginal product of each in...
Q: In determining the cost involved in fabricating sub-assembly B within a company, the following data ...
A:
Q: Evaluate the view that having a business objective of increased economies of scale is always desirab...
A: ii) Economies of scale refer to when there is an increase in the production of goods and services th...
Q: 6. Consider in this question that the market for truffles operates in a free market economy. The fol...
A: Q VC FC TC 0 21,000 10 80,000 20 2,10,000 30 3,10,000
Q: Explain globalization
A: People, corporations, and governments from all over the world engage and integrate as part of the gl...
Q: Select correct one and briefly explain in 5-6 Sentences only. Bob consumes only two types of goods,...
A: Consumption in the economy, use of goods and services by households. Consumption is different from p...
Q: The concept of a poverty line raises a number of complex questions. Which of the following represent...
A: Poverty is defined as a lack of sufficient material goods or money to meet one's fundamental require...
Q: The table below presents the demand schedule and marginal costs facing a monopolist producer, Fill i...
A: a) Quantity Price TR MR MC 0 14 0 - - 1 13 13 13 5 2 12 24 11 5 3 11 33 9 5 4 10 40 7 ...
Q: 1. The table below shows hypothetical data on indicators for estimating National Income Accounts. Ch...
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for you...
Q: 5. a) Assuming the following were the only goods and services purchased in an economy in a year, wha...
A: GDP Deflator measures the change in prices of all goods produced domestically.
Q: 1 During the coronavirus epidemic last year, GDP contracted by approx. 6% at the same time exports c...
A: A drop in national output, as measured by gross domestic product, is referred to as an economic cont...
Q: Inflation can cause increased wealth inequality through the Cantillion Effect. Es- sentially, this m...
A: Inflation is that the average price change during a market basket of goods and services over time. o...
Q: A decrease in the cash rate a. decreases the demand for loanable funds, lowers the real interest ra...
A: The volume-weighted average interest rate at which cash market transactions were settled is used to ...
Q: LRAS Price level SRAS2 SRAS, P3 C B P2 A P, AD2 AD1 Real GDP GDP, GDP,
A: since you have asked a multipart question and according to our policy we can only solve the first 3 ...
Q: can we use bundles a,b,c to constrcut one of her individual demand curves for car trips? why and why...
A: Individual demand: It refers to the demand of an individual. It comes into existence with the help o...
Q: Which of the following is associated with macroeconomics? OAA study of the trend O B. An examination...
A: Macroeconomics is the branch of economics which studies large economic factors like unemployment, in...
Q: n industrial firm is considering two alternatives for a project. Alternative A will cost $200,000 in...
A: A B Initial cost 2,00,000 1,80,000 Annual Cost 8000 8200 Overhaul exp 4000 time 10 10 ...
Q: conomic Life Exercises A machine costs $ 10,000 and is expected to be crapped for $ 1,500 in ne mome...
A: initial cost = 10,000 Salvage value = 1,500 Operating cost = 3,500 increases by 400 Operating income...
Q: 2. Apex and Brilliant select prices to maximize their individual profits. The profits are listed in ...
A: There are two players : Apex & Brilliant Both have two strategies : {Low , High } Payoffs are ...
Q: Quotas are better than tariffs because they lead to 'quality upgrading' which is good for the domest...
A: Quota refers to the limit on the number of goods a nation can import whereas tariff refers to the ta...
Q: Of the bad listening practices listed, which do you use the most? why do you think you use more than...
A: Mind wandering refers to a spontaneous shift of attention from the main task. This process is genera...
Q: Economic Life Exercises 1. A machine costs $ 10,000 and is expected to be scrapped for $ 1,500 in th...
A: initial cost = 10,000 Salvage value = 1,500 Operating cost = 3,500 increases by 400 Operating income...
Q: Illustrate with a diagram and carefully explain the impact of an increase in the income tax rate fro...
A: Labor: - labor is one of the factors of production, any physical and mental work by humans against a...
Q: Price ($) MC ATC 10 9. AVC 4. 3. I 2 34 8. 1o 11 2 13 14 Quantity If price 10, the firm will produce...
A: A perfectly competitive firm maximizes profit by producing at P =MC
Q: 5. Devin and Giannis consume books and videos. Devin has the endowment (30, 8) while Giannis has (50...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: A farmer sells wheat to a baker for £5. The baker uses the wheat to make bread, which is sold for $8...
A: A farmer sells wheat to a baker for £5. Note: Assuming farmer does not use any intermediate goods fo...
Q: What is barter system in an economy and what are its drawback!
A: According to the given question Actually before the evolution of given money goods were actually exc...
Q: Would a perfectly competitive firm produce if price were less than the minimum level of average vari...
A: In perfectly competitive market, there are large number of firms selling identical goods.
Q: Imperfect Cartel vs Perfect Cartel What is the difference between these two and how do they functio...
A: Cartel is the form a collection of independent businesses that have agreed to increase profits by fi...
Q: Assume that the economy has an annual inflation rate of 5 percent. Are the following investments pro...
A: Inflation reduces the purchasing power of people where real return increases the purchasing power of...
Q: [Q: 12-1909965] Consider an advertising monopolist that faces a market demand function P(Q,A) = 885 ...
A: Profit = revenue - cost Revenue = PQ There is no fixed cost and marginal cost is constant. Cost= M...
Q: A monopolist has the following information: (use this to answer questions 8-10) Demand: P = 100 - .1...
A: P=100-.1Q AC=MC=10 MR=100-.2Q
Q: Question 2, subparts d-f
A: Answer 2.) A. Amount of US required = 2000 × 1.22 = 2440 B. Amount of USD required = 1500 × 0.93...
Q: there are four (4) characteristics or term in which we can differentiate a market structure from eac...
A: A market is a meeting place where people can exchange goods and services. The most typical participa...
Q: machine is being considered for the production of a part , the material cost is 15% per part and the...
A: here we calculate the profit generated by machinery , so here we calculate the profit by using the g...
Q: Let's Recall (Review) Directions: Write T if the statement is TRUE and F if it is FALSE. 1. Research...
A: 1) Because of research knowledge is gained and therefore problem can be solved by gathering informat...
What relationship (positive, negative, none) do you observe between
(i)
(ii) economic growth and inflation,
(iii) unemployment and inflation over the period?
Step by step
Solved in 2 steps
- Please write the share of technology intensity of Turkey for 2020 or 2019HIGH TECHNOLOGY PRODUCTS %MEDIUM HIGH TECHNOLOGY PRODUCTS %MEDIUM LOW TECHNOLOGY PRODUCTS %LOW TECHNOLOGY PRODUCTS %The Economy 2020 to 2022.csv is given as follows: Please just solve for question 5,the solution to question 4 is also given as follows. Year Month N_Week PCEPI CPIAUCSL ICSA_Week1 ICSA_Week2 ICSA_Week3 ICSA_Week4 ICSA_Week5 2020 1 4 110.944 259.037 217000 203000 211000 200000 2020 2 5 111.07 259.248 191000 186000 190000 196000 190000 2020 3 4 110.824 258.124 186000 221000 2914000 5946000 2020 4 4 110.237 256.092 6137000 4869000 4201000 3446000 2020 5 5 110.353 255.868 2796000 2335000 2176000 1921000 1639000 2020 6 4 110.746 256.986 1575000 1473000 1467000 1446000 2020 7 4 111.072 258.278 1413000 1468000 1393000 1260000 2020 8 5 111.411 259.411 1044000 884000 927000 876000 881000 2020 9 4 111.613 260.029 892000 861000 859000 795000 2020 10 5 111.648 260.286 785000 839000 804000 776000 773000 2020 11 4 111.666 260.813 737000 738000 793000 737000 2020 12 4 112.15 262.035 873000 886000 815000 773000 2021 1 5 112.583 262.65 803000 890000 844000…GDP is $5 trillion. Depreciation is $1 trillion. Gross output is $17.25 trillion. What is th value of all stages of production and distribution except for final sales of goods and services?
- Compare the impact on economic growth of Covidien-19 outbreak on Turkey and South Korea. Use any of the 10 social and economic indicators when making this comparison. The indicators that you will use should be in ratio and/or percentage change format rather than nominal level.Table 2016 (Base Year) 2017 2018 Product Quantity Price Price Price Milk 30 $2.0 2.2 2.5 Bread 50 3.0 3.5 4.0 Assume the consumption basket has two products—bread and milk—with prices and quantities shown in the above table. Refer to Table. Suppose your income increased by 10 percent from 2017 to 2018. After adjusting for inflation, your purchasing power effectively _______ by about _______ from 2017 to 2018. Group of answer choices increased; 24% increased; 10% decreased; 26.1% decreased; 4.1%find the value of sales if :- GVAFC = 120 Change in stock = - 80 Purchase of raw material = 400 Excise duty = 50 Sales tax = 30 All values are in dollar million
- Mr. Scoobertini owns a store specializing in soccer jerseys. In 2008, he purchased $150,000 worth of jerseys from manufacturers, employed one worker for $40,000, purchased $20,000 worth of supplies from an office supply store, and sold jerseys for $280,000. Based on this information, what was the value added at Alejandro's store in 2008?A) $70,000B) $110,000C)$280,000D) $490,000What best describes a base year? Select one: a) The year of comaprison b) The next year c) A period of low economic activity d) The previous year e) The current yearFORCASTING using the data below can you answer the question: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349 Apr-20 2468 May-20 2532 Jun-20 3127 Jul-20 3288 Aug-20 3285 Sep-20 2485 Oct-20 2723 Nov-20 1835 Dec-20 1894 Consider five years of monthly profit for a company Plot the data and discuss its…
- FORCASTING using the data below can you answer the question: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349…If Nominal GNP is $21,000 and real GNP is $13000 Find the value of GNP deflatorReal gross domestic product Select one: a. measures the value of final goods and services produced within the borders of a given country during a given time period using current prices. b. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing prices. c. is a measure of the overall level of prices. d. can change from one year to the next even if there is no change in output.