Choose the two methods with which the government can balance the federal budget. These two methods may be done at the same time, or separately, each with the same goal. O increase spending decrease spending O increase taxes O decrease taxes increase the supply of money

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A: Output gap is the difference between potential output and actual equilibrium output. 

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A:

Q: Which statement is incorrect? a. When a company increases its degree of financial leverage, the sta...

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A: Stimulus refers to the measures adopted by the government to stimulate the economy. Stimulus checks ...

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

Q: Price Pm in P. Pr

A:

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A:

Q: EXPLAIN IN DETAIL GENERAL ASPECTS OF BALANCE OF TRADE.

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A: To answer the above questions we perform annual worth analysis based on the present value of the cas...

Q: Briefly explain allocative efficiency and how it is achieved.

A: Demand curve had an indirect relationship with the price. 

Q: When there is a calamity, the government provides help either in the form of food or cash. Which wou...

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Q: 1. Find the returns to scale for the following production functions: a. q = K 34L_34 b. q = KLM c. q...

A:

Q: The __________ is the belief that work is an obligation and that capital should be reinvested for fu...

A: The purpose of investing is the generation of return or income from an asset that is being invested ...

Q: 3. An amount of 100,000 was borrowed and was to be repaid in 10 instalments at the end of every quar...

A: P= 100,000   r= 12% compounded semi annually = 12%/2 = 6%   Number of years= 2.5 years (10 installme...

Q: Question 1' Suppose there are only two goods - Food (F) and Shelter (S). The demand equatic for thes...

A: Given  The demand function for food and shelter  DF=19-2.2pF-1.3pS            .... (1) DS=11-1.1pF-3...

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A: The segment of any economy that is neither taxed nor monitored by any kind of government is known as...

Q: An economy currently has a separation rate s = 5% and a job-finding rate f = 74%. Suppose the govern...

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A: For every $100 billion rise in the money supply, the price rise by 0.2%

Q: 1. Financial institutions in the U.S. economy Suppose Van would like to use $9,000 of his savings to...

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Q: Suppose life expectancy in years (L) is a function of two inputs, health expenditures (H) and nutrit...

A: The marginal product of a business is the additional output created as a result of additional input ...

Q: An investor's utility function for the payoff of a project is U(x)-x04. The return of a project depe...

A: Utility function : U (X) = x0.4 Return on heads = 26  Return on tails = 74  Probability of getting h...

Q: Briefly explain the concept of universal health coverage and the strategies employed in Caribbean co...

A: The basic provision of health care to all individuals and communities regardless of their financial ...

Q: Which of the following is true regarding the effects of globalization in the 21st century and global...

A: Globalization: It can be defined as the enhancement of openness of different countries globally. If ...

Q: n NGO is considering building a school for children in a community with 200 children. Assume that cu...

A: Social value per child going school = 2000  Total Additional social value with construction of new s...

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Q: Practice Question 1 If the price of the product is GH¢2.00 and cost per unit of labour is GH¢10.00, ...

A: Given: Price of product (P)=GH 2 Cost of labor=GH 10

Q: The following table provides annual sales for the four largest firms in four industries in Canada. A...

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

Q: How might the magnitude of the market risk premium impact someone's desire to buy stocks?

A: A risk premium is the projected investment return on an asset that is higher than the risk-free rate...

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A: The economics as a study is based upon the general idea that the resources which are present with th...

Q: PRODUCTION 2 4 10 12 14 LEVEL MARKET 3 3 3 3 PRICE ТОTAL INCOME TOTAL FIXED COST 14 14 14 14 14 14 1...

A: The following formulas need to calculate the value of the missing colunm: Total Income = Production ...

Q: 3. The Deatherfuster Cleaning Company receives a report from a consulting firm indicating that the d...

A: Introduction Here demand and cost of a company named as Deatherfuster has given. Demand function for...

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A: Before making the graphs for parts e and f, we need to calculate the following table as you must hav...

Q: A tax that takes a smaller percentage from high-income earners than it does from low-income earners ...

A: There are different types taxes, regressive, progressive and proportional 

Q: At a price of $4.65 per pound, the supply for cherries is 16,117 pounds, and the demand is 10,232 po...

A: Given: Price(old)=$4.65 per pound Price(New)=$4.13 per pound

Q: Do you think that economists should place a dollar value on “goods” and “bads” when computing GDP?

A: In an economy, GDP is used as the measurement of national income using different methods as they all...

Q: What is Liberty Mutual Tables? Briefly explain.

A:

Q: PW analysis for one project refers to the value of all cash flows converted to a single sum equivale...

A: In the mentioned question we have been asked what actually PW is and do the given statement is true ...

Q: An economy currently has a separation rate 3 = 5% and a job-finding rate f = 74%. Suppose the govern...

A: The unemployment rate is the ratio of the number of unemployed people to the labor force. The unempl...

Q: What is the law of diminishing returns and what does it imply about the shape of the firm's average ...

A: The law of diminishing returns implies that adding a variable input will result in a decrease in pro...

Q: When comparing multiple alternatives: a) Choose the alternative with the greatest PW over the planni...

A: The planning horizon is the amount of time a corporation will look into the future when creating a s...

Q: Mention two approaches used in studying industrial economics (Industrial Organization), give an expl...

A: The industrial economy refers to activities that combine production elements (facilities, supply, la...