Discuss the ways that running a trade deficit could result in either a healthy economy or a weaker economy

Q: Distinguish between short-run and long-run supply curves.

A: Short run refers to a period of time during which some manufacturing elements are constant while…

Q: An IAC (industrially advanced country) had a per capita income of $44,000, while a DVC (developing…

A: Per capita income is the total income divided by country's population

Q: Consider the quantity competition between two firms, A and B, in 380 — 2QA - Qв, where P denotes the…

A: We have two firms with different marginal cost of production.

Q: 1. Yesterday, the price of gloves was $4 a box, and Reena was willing to buy 10 boxes. Today, the…

A: Price elasticity of demand is a measurement of the change in consumption of a product in relation to…

Q: QUESTION 3 The US. Market for Computers Sdamestie pply curve) Demestie price with tanif Wadd pice…

A: When tariff is imposed by the government, Price is increased from 2000 to 2400. Since the world…

Q: Macroeconomics is primarily concerned with business cycles and economic growth. Which of these two…

A: When talking about macroeconomics z it can be said that it is the broader economic concept that has…

Q: Demand: QD = 24P-1 Total cost: C = 4Q %3D a. Find the TR, MR, MC, and profit (1) equations. GRAPH…

A: In monopoly, the eqm quantity is found by the intersection of MC(marginal cost) and MR(marginal…

Q: Prime Minister Trudeau legalized marjuana. The marljuana industry is a 11Bion-dollar industry in…

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

Q: The total social benefit of the CWA was $20.1 billion in 1985 and $46.7 billion in 1990. What was…

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

Q: Suppose that Annie's real income this year is $150 and next year it will be $100. Assume that the…

A: Incomes  Y1=150 and Y2=100 And r=0.1

Q: 6) If a 10 percent increase in the quantity of spinach demanded results from a 20 percent decline in…

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

Q: Economics Question

A: A fixed exchange rate refers to when the central authority of a country ties the value of its own…

Q: MadibaVille began the year in long-run equilibrium. After extensive consultations with the country's…

A: When marginal revenue(MV) is equal to marginal costs(MC), which is also equal to average total…

Q: different if the product is a public good instead?

A: Solution 1) Consider the above given that Marginal cost (MC)= $8 Consumer A, P=20-QA => QA=20-P…

Q: While all economic theories say the government can positively affect the economy, some theories say…

A: The term "government intervention" refers to the situation in which a government acting as a rule…

Q: Suppose that both Friedman and Fisher are absolutely correct. Assume that over many years money…

A:

Q: QUESTION 22 500,000 An industry has two firms each of which produces output at a constant unit cost…

A:

Q: Given the following model; Qd= a-50 P Qs= -100 + 20P

A: Demand function is the function which shows relationship between quantity demanded and price of a…

Q: In response to high rates of obesity among residents living in low-income communities in Oklahoma,…

A: The question is somewhat related to health economics as the health department is trying to help the…

Q: What change must be caused by devaluation? Pick a,b,c or d A) a fall in the rate of interest B) a…

A: Devaluation is a situation in which the currency of the country devalues. That is the value of the…

Q: Billy is renting trucks that will be used to install solar panels. The table below presents the…

A: Marginal revenue product = (price* marginal product)

Q: (i) Explain the relationship between the current account balance given by exports (X) minus imports…

A: Since you have posted multiple questions, we will answer the first question for you. If you want any…

Q: (i) Using aggregate supply and demand curves illustrate the different effects on output of…

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

Q: Refer to Figure 20.1 to answer the following question. Figure 20.1: Exchange Rates EXCHANGE RATE…

A: Exchange Rate refers to the exchange value of a country’s currency in terms of another country’s…

Q: Define income, disposable income, and discretionary income. How does each type of income affect…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: An organization completes the purchase of new asset at a cost of $25,000. It has an yearly operating…

A: To find the annual savings which would provided rate of return of 10% , we will find the present…

Q: a) With the aid of a consumption function, highlight the main determinants of consumption.

A: The relationship between the spending of consumer and it's determinants which effects this describes…

Q: Suppose that a fhrm is producing in the short run with output given by Q-65L L2 The firm hires labor…

A: The firm maximizes profit by hiring workers to the point where marginal product equals real wage.

Q: Investment equals $2,120 million in your country. Private saving is $2,750 million and the…

A: Trade balance: - trade balance is the difference between a country’s exports and imports in terms of…

Q: 15. D(x) = ==X# 10, S(x) = 7X+2 (a) Find the equilibrium point. (Type an ordered pair, using…

A: Equilibrium in the market occurs where quantity demanded equals quantity supplied, that is at the…

Q: Select the five effects of a free enterprise system in the US economy. People are free to be…

A: The United States has a mixed economy, including elements of both capitalism and socialism.When it…

Q: A firm estimates that it will sell N units of a product after spending x dollars on advertising,…

A: We differentiate the N(x) function snd get the maximum value of x.

Q: 7. What is the cost in real dollars today of spending $25,000 four years from now if your effective…

A: The measure that depicts the value of a stream of cash flows being discounted at a specific rate of…

Q: Information concerning the fictitious small island nation of Llamalandia is Number of employed…

A:

Q: What are the general effects of import restrictions on trade?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Replacement investment is defined as: O investment that is either to replace depreciated capital or…

A: Depreciation means wear and tear. Time depreciated capital which means the value falls.

Q: What are the relevance of the state amid globalizations.

A: Globalization also fosters a sense of interdependence, which càn lead to power inequalities between…

Q: 6) Classical cconomists believe ill A. Lack of aggregate demand B. Negative supply shocks C. Lack of…

A: Answer is given below

Q: will need to upload your answers. Assume a company is producing 600 units of output per day and…

A: The term "short run" refers to a period of time during which the amount of at least one input…

Q: b) "International trade is beneficial to developing countries." Do you agree? Discuss your arguments…

A: Due to the  need or want of goods or services, the exchange of capital, goods, and services across…

Q: 1. A company intends to replace equipment that is no longer able to meet its needs. The two best…

A:

Q: Compared to a firm hiring in a perfectly competitive market, firms operating as a monopsonistic…

A: In perfect competition there are large number of firms and in monopsony, there is only firm.

Q: Which of the following characteristics is true of paper currency? O It is the only type of money…

A: In an economy, money is exchanged in different forms such as paper money, coins, pr other monetary…

Q: What are the actors that facilitate economic globalization. Discuss each of them.

A: Economic globalization is defined as the movement of capital, goods, service,  information, and…

Q: For each of the following situations, find the critical value(s) for z or t. a) H, p=0.6 vs. HA p…

A: Z value is a statistical measurement which is examined under normal distribution. Critical region is…

Q: Last year, a country had a NGDP of $4 million, and this year it had a NGDP of $4.2 million. During…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: Given the following three mutually exclusive alternatives, Alternative в A C Initial Cost $50 $30…

A: The answer is given below

Q: Assume a company is producing 600 units of output per day and minimizing total cost with the…

A: The short run refers to the period of time when the quantity of at least one of the input is fixed…

Q: Question 16 Marginal social cost equals marginal cost plus marginal cost consumer; production…

A: The presence of externality leads to spillover costs or benefits to the third-party who is not…

Q: (i) Using IS/LM diagram explain the likely effects of a fiscal expansion financed by government…

A: IS -LM  Model depicts the short run equilibrium points where both the goods and money market are in…