Discuss the main functions of money

Q: The cost of construction material for large infrastructure projects are reportedly rising at an…

A: General inflation rate = 6% Inflation of construction material = 12%

Q: vedish multinational clothing-retail company known for its affordable omen, teenagers, and children…

A: *Answer:

Q: 10. Which of the following best describes government revenue? a) Government programs designed to…

A: Government of a nation needs money to finance its spending.  Government has two sources of…

Q: Let the storage technology in the two-period model be f (k) = Ak", whereA > 0 and 0 ß> 0. What is…

A: Given that; f(k)=Akα or f(k)=AKαL1-α/L Where A>0 and 0<α<1 Because the letter α is a…

Q: Exercise 1 •Suppose that the Cournot duopoly industry's demand curve is P = 9 - Q and the cost of…

A: We have cournot duopoly competition between two firms for before and after marger.

Q: Question 2: Imposing a single-stage tax Assume that there are 1000 importers and manufacturers,…

A: The tax collection framework enables the state legislatures to exact personal assessment on rural…

Q: With millions of passengers selecting air travel to reach their intended destinations, Caribbean…

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

Q: Q4. For a firm in Perfect competition, the profit maximization output rule is either MR-MC

A: A profit-maximizing firm produces at the intersection point of MR and MC. i.e., MR = MC is the…

Q: Pick one of your items. You have been contacted by a customer in Alaska who wants to purchase…

A: Disclaimer :- since you asked multipart questions we will solve only 3 first subparts as per…

Q: 1. A good with a vertical supply curve has PES equal to: S Price $ Quantity a. 0. b. ∞ c. 1 d. -1 0

A: The measure that depicts the percentage change in quantity being supplied with respect to change in…

Q: January $3.10 $10.00 $6.00 February $3.20 $10.00 $6.50 march $3.10 $10.00 $7.00 The base year(month)…

A: Price index  Price index refers to the comparison of the price of the basket of goods of the open…

Q: Joshua's family that claimed a 1,000,000 peso prize on a Christmas party raffle decided to put…

A: Compound interest occurs when the interest earned on the principal of an investment (or loan) is…

Q: What are the environmental and other consequences of cryptocurrency? Essay 1500 word

A: A peer-to-peer community called a blockchain video display units and organizes it, in addition to…

Q: The term Great Depression refers to the greatest and longest economic recession in modern world…

A: The great depression was the overall financial slump that started in 1929 and went on until around…

Q: Questions 1.4 and 1.5 refer to a consumer with preferences over food (x) and clothing (y)…

A: Inflation means the rise in the price level of goods and services over a period of time. The rise in…

Q: age technology in the two-period model be f(k) = Ak", where A time utility function is v(C₁, C₂) =…

A: *Answer:

Q: you learned four steps that should be used to evaluate a regression model. What is the first step…

A: A linear technique to modelling the connection between a scalar response and one or more explanatory…

Q: What is the role of monopoly in America’s prescription drug crisis?

A: When talking about Monopoly firm, it is the firm that generates unique product, which is not sold by…

Q: ive an example of a concept  you think may be associated with weak macroeconomic performance.…

A: Economic problems are the ones that demotivate the economy from growing and prospering.

Q: What is the main role of the IMF? Group of answer choices To ensure a stable exchange rate regime

A: The International Monetary Fund ( in short IMF) attempts to accomplish supportable development and…

Q: Consider 2 firms. ABC Incorporated and XYZ Corporation. These two firms are well known producers of…

A: We have two firms which competing in different competitive models. Such as •Competitive • Cartel •…

Q: 2. Refer to figure below, if the current market price is £15, there w market and the market will…

A: Equilibrium refers to the point where demand intersects supply.

Q: a. (TRUR or FALSE) Labor can be a fixed cost?  b. (CHOOSE THE RIGHT ANSWER) One of the best…

A: In the production function, labor refers to an input resource that is used to generate output and…

Q: ction.) = A ) Y = AK3L3 Value 3% 5% 2% (A) 25 th (ga) 4% a labour force of 5,000 and a capital stock…

A: *Answer:

Q: The bank is paying 11.29% compounded annually. The inflation is expected to be 12.22% per year. What…

A: When talking about market interest rate, it is the rate at which people are ready to exchange money…

Q: The economy is experiencing a $225 million inflationary gap. If the government decided to solve this…

A: Given; Inflationary Gap= $225 million MPC= 0.9 Formula to calculate tax multiplier:-…

Q: Suppose a closed economy with no government spending which in equilibrium is producing an output and…

A: Given information, Actual output generated: 2250 Marginal propensity to consume: 0.75 Potential…

Q: need this in words not handwritten rewrite it

A: We have game between two players and they both have same set of actions invest and don't invest.

Q: 9. Answer ALL parts of this question. Holland produces cars and beer, using labour and capital, in a…

A: Given information Country Holland Labor unit requirement for car=4 in hours Capital units…

Q: Differentiate the equation of demand for real money balances inthe Keynesian model based on the LFT…

A: Keynesian model of the demand for real money balances and the classical model of demand for real…

Q: the competition price? Assume all other things are equal, of course, or a comparison is meaningless…

A: In monopoly, there is a single firm producing unique good while in perfect competition, there are…

Q: Evaluate the two alternatives A and B and decide the economic justified alternative using: Present…

A: Annual worth or AW is referred to as the easy way of understanding the annual amount, for instance,…

Q: 3. Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering…

A: Here , given information is: Fixed cost on plant and equipment: P25,000 Variable cost per doll: P10…

Q: Inflationary expectations in the economy increase rapidly, evoking a much stronger response from…

A: Demand for bonds shows that there exists an inverse relationship between interest rate and quantity…

Q: (plus symbols) represent three possible output levels in a given month. You can click on the points…

A: A  (PPF), creation probability bend (PPC), or creation probability limit (PPB), or change…

Q: 14. During a period when economic growth is very strong and inflation rates are rising to…

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

Q: PROBLEMER The table below represents two cash flows, what is the value of X to make the two cash…

A: The measure that depicts the current income stream of cash being discounted at a specified interest…

Q: Discuss the pursuit of the Free trade and liberalization policy, citing its advantages and how it…

A: Free Trade: It can be defined as doing trade without any restrictions that are without the…

Q: Q1 -Calculate the present worth the data as shown below - P=? - F=1234 - 1=10% - Y=5

A: Present value=Future value1(1+I)nWhere, I=Interest rateand n=Time

Q: Provided that capital markets function efficiently, which of the following barriers to entry into an…

A: An efficient market is the market with no barriers to entry and provide freedom to buyers and seller…

Q: What is circular flow

A: Households refers to all those individuals who live in a single house in the form of a family and…

Q: consumption exports + - + selek wly b ob ou avocal to nude GDP

A: Gross domestic product is the total market value of goods and services produced domestically during…

Q: On May 13, 2022, the Government of India announced a ban on wheat export, citing s food security and…

A: 1) Wheat dealers and exporters said the measure will help keep wheat prices stable. Some dealers and…

Q: Mr. and Mrs. Ward typically vote oppositely in elections and so their votes “cancel each other out.”…

A: Nash's equilibrium is a process for each player where individual strategy is the best reaction to…

Q: Bob X Y X (1,1) (0,2) Ann Y (2,0) (0,0)

A: Game theory is a technique or method of formal economic reasoning that is used to examine situations…

Q: Question 2 Covid-19 pandemic has affected various economic sectors around the world. Choose one…

A: COVID-19 pandemic caused massive supply and demand disruptions across all the sectors of the…

Q: Suppose that the market for lima beans is in equilibrium. Then, both the supply and demand curves…

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

Q: which of the following is sometimes referred to as a “sin tax”? 20) What are the functions of the…

A: Tax is levied by the government on an individual's or an companies in order to raise funds to…

Q: 7. Markets do not ensure that the air we breathe is clean because a.clean air has no value. b.the…

A: Property freedoms make sense of the lawful and scholarly responsibility for and assets and one can…

Q: Explain how Friedman included expectations in his macroeconomic theory, as well as his theory on the…

A: Macroeconomic theory: Macroeconomics is worried about the comprehension of the total peculiarities…