Demand for money is given by the following equation: Md = 0.3y – 8r. If the actual output is decreased by $200,000, then the demand curve for money will shift: and  a) direction (to the right/left;  b) amount

Q: In Autarka 2 amusement parks, Alfonso's wonderland and Bernice's rides there are 9600 people who…

A: Let, the price of admission at Alfonso's Wonderland be = $PA. The price of admission at Bernice's…

Q: given present value = $10,000, n = 4, and i = 6%, the future value notation would be the following

A: The formula for Future value is Present Value (PV) = Fututre Value (FV) / (1 + i)n

Q: The table below gives the number of labour needed to produce one unit of Cloth and Machine in…

A: Absolute advantage refers to the the ability of the country to produce more output than the other…

Q: The primary force encouraging the entry of new firms into a purely competitive industry is Multiple…

A: An industry is purely competitive when there are large number of firms producing identical goods in…

Q: 9. (blank) is a secret agreement between two or more institutions to achieve (blank) among the…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: 4. Large number of sellers and buyers -plurality -consumer welfare -homogeneity -free entry and exit…

A: Market is the term used to describe the system in which buyers and sellers negotiate a price and…

Q: 4. Consider the Cash Flow diagram (Figure 2) where money is deposited in Riyadh Bank for 5 years.…

A: A cash flow series with an arithmetic gradient is one in which the cash flow either rises or falls…

Q: The following table shows real GDP per capita for the United States, South Korea, and Chad between…

A: For people everywhere to enjoy greater levels of living, economic progress is a must. It is a…

Q: When the price of a good is lowered from £350 to £200 the quantity demanded increases from 600 to…

A: Demand changes in response to changes in other economic factors, such as price or income, and this…

Q: An analyst is given the data in Table 1 for the annual sales for Company XYZ, a maker of paper…

A: Given  Intercept value =-94.88 Slope coefficient (industry sales) =0.2796 Interpretation of slope…

Q: a. The city council has approved the building of a new bridge over Running Water Creek. The bridge…

A: Given that, Initial Cost = $17000 Maintenance cost = $1000 Rate = 6% = 0.006

Q: You are starting a new hobby of clay modelling but you need a monthly cost of 12,000 for  materials,…

A: Monthly cost = 12,000 Annual cost = monthly cost ×12Annual cost = 12000 × 12 = 144,000 Weekly sale =…

Q: Market demand for widgets is p = 160 - 2Q. Whether there is just one firm selling widgets or many…

A: Given  The market demand function: p=160-2Q         .....(1) There are two firms in the market and…

Q: arefully explain what is happening in the following market indicate the impact if any on demand,…

A: Market: It refers to a place where goods and services are bought and sold. The market is a hub of…

Q: Use the graph to determine the units of the slope and the y-intercept. units of slope: I units of…

A: We know that The slope of a line characterizes the direction of a line and the slope is calculated…

Q: If the price level and the money wage rate rise by the same percentage, what happens to the quantity…

A: Disclaimer:-Since you have asked multiple questions, We will solve only the first question for you.…

Q: Assume a competitive firm faces a market price of $120, a cost curve of: and a marginal cost of:…

A: In case of Perfect Competition, there are large number of firms producing similar products. An…

Q: Labor force participation rate 65% Total population 16 years of age and older 200 million…

A: Introduction  All persons, who are working (have a job), and through not working are seeking and are…

Q: 4 Consider the context of the Solow model with technical progress in an excess saving scenario, that…

A: In the slow modal, a rise in population growth improves aggregate production growth rate but has no…

Q: Explain how either economic profit or loss minimization could be representative of the short-run…

A: Monopolistically competitive market refers to the market where many sellers and buyers exist in the…

Q: Why should the owner of the crude oil resource be willing to supply it in exactly the right amount?…

A: The link between the price level and overall economic production is aggregate supply. The aggregate…

Q: Which of the ff. is correct with regards to the demand curve? A. If the price of the good increases,…

A: Demand curve visually represents the quantity demanded by the consumers at different price levels.

Q: What options from the drop box can be chosen as explanation for both questions?

A: A production possibility frontier is a graph that displays many combinations of two potentially…

Q: With unanticipated inflation, there will be all of the following EXCEPT Group of answer choices…

A: Inflation is a rise in the prices of goods

Q: The graph shows an economy's aggregate demand and aggregate supply curves and potential GDP. Does…

A: Here, the given graph shows the aggregate demand curve, short-run aggregate supply curve, and…

Q: nal cost Multiple Choice O equals both average variable cost and average total cost at their…

A: The marginal cost measures the change in the total cost when one additional unit of output is…

Q: 12. Mr. Farmer has been in the business of selling cheddar cheese for almost three years, and thus…

A: Demand : D=2500-10p Fixed Cost : FC=1,100 Variable Cost: VC=$15   1) To find the optimal number of…

Q: How do two countries benefit from trading with each other

A: We know that Countries generally trade with other countries when they lack resources, to satisfy and…

Q: Red Velvet's latest album is being sold in three different versions. A Kpop merchandise seller…

A: Profit function: P=30,000-0.1x2-y2-z2+80y+100z P is the profit x,y, z are the number of albums.…

Q: Consider a worker who consumes one good and has a preference for leisure. She maximizes the utility…

A: Given  Consumer utility function: u(x,L)=xL Here x represents the consumption of a good and L…

Q: Consider a worker who consumes one good and has a preference for leisure. She maximizes the utility…

A: Given  Consumer utility function :u(x,L)=xLu x represents the consumption of a good and L denotes…

Q: C. Directions: Write the non- price factors that affect demand on the second column and for the…

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes…

Q: Problem #5: A UK lottery prize pays £5000 at the end of the first year, £6000 at the end of the…

A: Present value is the value of investment in today's dollar.    Annuity is the equivalent uniform…

Q: Amir is a risk averse decision-maker with von Neumann-Morgenstern utility u(x) that is strictly…

A: As per the given information  A utility function is strictly increasing and continuous. That means…

Q: The table below reports the total population in Total population People in jail People working part…

A: Employment rates are defined as a measure of the extent to which available labour resources (people…

Q: Consider the insurance problem from class in which an agent with wealth w dollars has a chance 7 €…

A: Given information Initial wealth=W Chances of loss  lies between 0 to 1 Loss amount=l Insurance…

Q: ropose potential entrepreneurial and visionary business solutions for manufacturing industry. Use…

A: A subfield of economics called managerial economics deals with the use of economic principles in…

Q: ​ James Lucy Wagons 16 18 Tricycles 32 24 Table 1 shows the output per week of two people, James…

A: Given  James can make 16 wagons per week or 32 tricycles per week.   Required:  James's Opportunity…

Q: The scatter chart below displays the residuals verses the dependent variable, t. Which of the…

A: The Scatter chart represents the relationship between two variables.

Q: What is the value of an investment after 8 years that earns interest rate 5% annually. Its original…

A: Introduction: It is given in the question that the original investment value is P120,000 and we have…

Q: Item Personal consumption expenditure Government expenditure on goods and services Net taxes Gross…

A: GDP is the value of the final goods and services that are produced and manufactured in a country.

Q: Equilibrium is 140, 1500 The longer curly bracket is long run, the shorter one is short run. In the…

A: The elasticity of demand measures the changes in quantity demanded with respect to the changes in…

Q: Table 7-3 Susan's Sweaters Outlet Price $10 $20 $30 $40 $50 Quantity Marginal Total Cost Cost…

A: Producer surplus is the aggregate sum that a producer benefits from producing and selling an amount…

Q: Of the influences on expenditure plans, which ones remain constant along the aggregate demand curve?…

A: Aggregate demand curve refers to the curve that depicts the relationship between sum of all the…

Q: Suppose a firm faces the following average and marginal products of labor: APL = 50 + 2L - 0.05L2…

A: Production smoothing or production evening out, is the cycle by which firms fulfill the demands of…

Q: Table 1 contains price and quantity information for two products produced by Apple, the iPhone and…

A: Nominal gross domestic product (GDP) is calculated as the value of all the final items and services…

Q: XYZ corporation has budgeted P300,000 per year to pay for labor over the next five years. If…

A: The amount of expenditures anticipated to be expended to create a product or construct something is…

Q: In an economy consisting of two  people producing two goods, it is possible for one person to have…

A: It is not possible as you can't have comparative benefit in each items.

Q: hand written plzz asap

A: When all resources are effectively utilised, an economy produces at its natural level. It is…

Q: Mr. Rankine bought a piece of property for P100,000 down payment for 10 years deferred semiannual…

A: The semi-annual payments can be thought of as annuity due payments, and in year three, we need to…