Describe balance of payments on current account and balance of payment on financial account. Provide example of each.

Q: IS-LM Model: Based on your understanding of the IS-LM model, graphically illustrate and explain what…

A: Monetary expansion refers to the expansionary monetary policy That is implemented by the central…

Q: Discuss how it is possible for government organisations and private businesses to serve similar…

A: Meaning of Managerial Economics: Under managerial economics, the concept focuses more on…

Q: Consider a market dominated by two firms with identical cost functions C(q) = c*q for some constant…

A: In Bertrand competition firms compete in prices rather than quantities . Cost function : C(q) = c*q…

Q: Assume the following data describe the condition of the banking system: Checking deposits $800B Cash…

A: Answer; a. M2 = $ 1900B   b. Required Reserve = $180B   c. M2 will increase by amount =…

Q: Q10. Given the supply and demand functions: P = 10 + 2Q, P = 30 – Q Which of these statements are…

A: Given; Demand function; P=30-Q Supply function; P=10+2Q At equilibrium;…

Q: On the DD curve, exchange rate depreciation causes output to because it affects a component of…

A: The curve that depicts various quantities of goods and services that are being demanded by…

Q: Explain how to determine a firm's cost of production and economic profit

A: Production Cost:- Manufacturing expenses are the expenses incurred by a firm when it manufactures an…

Q: Raising the minimum wage will   Question 9 options:   No other answer is correct   Make all low…

A: The minimum wage is the least amount that employers compulsorily need to pay in order to receive…

Q: With respect to your knowledge of the economic impact of the coronavirus outbreak, explain how the…

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan…

Q: 2) Consider the cost functions of a two firms that are producing the same commodity are C1 = 3q1^2 +…

A: Cost of firm 1 : C1 = 3q12 + 50 q1  Cost of firm 2 : C2 = 2q22 + 20q2 - 4q1q2  Social marginal cost…

Q: Ten-year old Sarah is starting a lemonade stand, she uses baskets of lemons (L) and other…

A: Introduction We have given a production function of Sarah. She produces a basket of lemons and units…

Q: According to economic theory, fast-growing countries should be running trade deficits countries…

A: Trade Deficit: The trade deficit arises when the import is greater than the export. For instance…

Q: Consider a hypothetical market for milk. The market is perfectly competitive. All else equal, what…

A: "Market equilibrium occurs at a point where market demand equates market supply."

Q: Ping golf clubs, Mont Blanc pens, and Rolls Royce automobiles are the only acceptable products for…

A: Ping golf clubs, Mont Blanc pens and Rolls Royce automobiles are the only acceptable products for…

Q: Assume that a very tiny and very poor DVC has income per capita of $300 and total national income of…

A: Per capita = total income/ population.

Q: The consumer's average money holdings decreasing with the time spent 7. between bank withdrawals. A.…

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

Q: Q3. A market has the following supply and demand functions of a good Identify the row with the…

A: Law of demand - other things being constant, there is inverse relationship between price and…

Q: ecause investment spending tends to fluctuate widely overtime, it is considered an important…

A: Because investment spending tends to fluctuate widely over time former it is considered an important…

Q: Describe the difference between financial markets and financial intermediaries? How can your funds…

A: Monetary business sectors and Financial go-betweens are two channels through which the monetary…

Q: 9. Antitrust laws Cooperation among oligopolies runs counter to the public interest because it leads…

A: In the United States, government promotes competition against oligopolies or mergers in different…

Q: P2 P1 PO D (MPB) Q1 Consider the diagram above. What should be the size of the subsidy to reach the…

A: Positive externalities are subsidized by the government to increase level of output.

Q: Which of the following would lead to an increase (rightward shift) in the demand for money? an…

A: The demand for money represents the total amount of money that the people of an economy wants to…

Q: 2010 2015 Good Quantity Price Quantity Price Hot dogs 200 $2 250 $4 Hamburgers 200 $3 500 $4 A.…

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Q: A manufacturer has $600 to spend on the production of a certain product and knows that if "x" units…

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Q: 1) Suppose that market demand is linear, q = 70 - p. Marginal costs are constant and equal to 10.…

A: We have two monopolist at different stages of production and sales.

Q: 5 years from now, describe the economic situation of our country

A: The two basic categories of economics are microeconomics, which evaluates individual consumers and…

Q: Every transaction concerning the importation of U.S. goods constitutes a O supply of foreign…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: correct Question 19 Imagine your utility is given by In(w), where w is the amount of wealth you have…

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Q: Suppose there is an increase in total factor productivity, which implies that all firms offer higher…

A: The productivity of all inputs is referred to as total factor productivity . TFP is a measure of an…

Q: Which of these does NOT cause shifts in short run aggregate supply (SRAS Nominal wages O Firms'…

A: Short run aggregate supply curve shows a positive relationship between price and output. It slopes…

Q: Suppose the present value of a new medical equipment purchased in a hospital is $60,000. Consider…

A: Answer; Given Suppose the present value of a new medical equipment purchased a…

Q: Oa the surplus created by this legislation would decrease Ob the surplus created by this legislation…

A: Introduction,   Market balance happens where market clears, or at least, where quantity supplied is…

Q: Problem 3 The current Discount Rate is 0.5%. The current Federal Funds Rate is 0.5%. The interest…

A: Given information Current discount rate = 0.5% Current federal fund rate=0.5% Interest on excess…

Q: Refer to the below graph, where Sa and Dd are the domestic supply and demand for a product. Sd $16…

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Q: Suppose that market demand is linear, q = 70 - p. Marginal costs are constant and equal to 10. The…

A: We have two interrelated monopoly firms at different level of production and sells. Where MC=10 of…

Q: You have calculated via OLS: In(y) = 0.400 + In(x_1)*0.090 +x_2*0.840 Calculate the average marginal…

A: The average of anticipated changes in fitted values for one unit change in X for each X value, i.e.…

Q: Suppose a country's central bank announces that it is decreasing the long-run money growth rate to…

A: When there is a general rise in the value of goods and services in the economy it is known as…

Q: When they act as a profit-maximizing cartel, each company will produce cans and charge $ per can.…

A: Introduction When they act as a profit - maximizing cartel, each company will produce 40 cans and…

Q: Part C. Denair Fine Wines, Inc., is planning to bring out a higher-quality wine product than any…

A: The break-even point is that point where complete expense and all-out income/total are equivalent,…

Q: If the natural rate of unemployment is 4% and the economy is producing at 105% of potential output,…

A: According to the Okun's law, when unemployment increases by 1%, GDP drops by 2%. Therefore if there…

Q: A manufacturer has $600 to spend on the production of a certain product and knows that if "x" units…

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Q: op Glove Corporation Berhad is a Malaysian rubber glove manufacturer who also specialises in face…

A: The pandemic period hit the economy hardly not only anyone, it affected hardly the entire world in…

Q: A manufacturer has $600 to spend on the production of a certain product and knows that if "x" units…

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Q: By dictating the amount of money commercial banks must keep in the bank, the __________ represents…

A: Reserve requirement is the fund that banks need to put in reserves in order to meet liabilities if…

Q: If a bank has deposits of $1,000 and the required reserve ratio is 10% then the level of required…

A: Required reserve ratio is the percentage of legal minimum requirement that a bank needs to hold as…

Q: Question 31 A decrease in tax rates will increase the money multiplier. decrease the spending…

A: Tax multiplier Refers to the ratio of change in Real GDP with respect to change in taxes.

Q: Air-Conditioning System 1 Air-Conditioning System 2 -12.000 -8,000 er year -750 -125 alue, $ -100…

A: The annual worth is the net of the multitude of advantages and costs brought about more than a…

Q: 01. Which ff the following reasons why fine-tuning the economy is not likely to be successful, is…

A: In an economy, there are different types of economic lags that may arise when government tries to…

Q: The New Deal concentrated on industrial recovery, completely ignoring the impact of the Great…

A: 1. False: The given statement is false because the New Deal was a series of programmes louched by…

Q: To support the economy against a recession triggered by the Coronavirus, the government is…

A: Goods Market Equilibrium Condition - IS relation : Y = C + I + G + NX Where , C = c0 + c1(Y - T )  C…