Q: Which of the following statements will not parallel shift the aggregate supply curve? A. A reduction…
A: Aggregate supply curve shows a positive relationship between price level and real output.
Q: In an Open Access equilibrium of fishers maximizing their profits, new fishers will continue to…
A: an Open Access equilibrium of fishers maximizing is considered as an competitive market.
Q: If a Japanese car costs P*=1,000,000 yen, a similar American car costs P= 20,000, and a dollar can…
A: As it is given japanese car cost p*=1,000,000 yen american car cost p=20,00 e=100 yen/$
Q: 4. Y₁ = C₁ + S₁ + G₁ Yt+1 = Ct+1 +St+1 +Gt+1 What Fiscal and Monetary Policy issues exist because of…
A: According to the Ricardian equivalence theory, financing the government spending with current taxes…
Q: Suppose that all investors have the disposition effect. A new stock has just been issued at a price…
A: Given, Stock issued at a price of $50 A year later the stock will be take over price will be : $60…
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: Economics A monopolist competition firm has MR=MC=50, ATC=40, P= 35 at the current outpur level of…
A: We have given MR=MC=50 , ATC=40 and p=35
Q: Resource development is Multiple Choice the part of economics that looks at the operation of a…
A: Resource development refers to the development of resources in an economy. Resources should be used…
Q: A water resources project has benefits that equal $40,000 at the end of the first year and increase…
A:
Q: 1. If X=87, o=9, and n=69, construct a 99% confidence interval estimate of the population mean, μ.…
A: For know variance we used the normal distribution and for unknown variance we uses the t…
Q: Explain how to provide an efficient quantity of public goods Describe how the delivery of public…
A: ANSWER.1 economy have two types of commodities: public goods and private goods. A person's private…
Q: (d) Calculate the profit or loss of each firm at the short-run market equilibrium. If they are…
A: Competitive market with QS = 50P – 1000 and the market demand is QD = 2800 – 50P
Q: Unemployment and the Labor Market-Work It Out: Question 2 Consider an economy with the Cobb-Douglas…
A: Since you haven't mention anything, I'm assuming you need the answer for 3rd part only.
Q: The amount of goods and services people can buy with the money they have is called their Multiple…
A: 3rd option is correct Standard of living is the amount of goods and services the average person can…
Q: Which of the following is one of the healthcare models Hurley considers? a. Fully private with a…
A: A "Model of Care" is a wide term that refers to the manner in which health services are provided.As…
Q: A negative externality results if __________________. A. consuming a good B. consuming a…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: explain any four features of Indian agriculture
A: Agricultural economics is defined as an applied field of economics which uses economic theory for…
Q: 1. What is the effect of monetary policy in the short run?
A: Dear Student as you have posted multiple questions, but according to our policies and guidelines we…
Q: 1. George maximizes expected utility and he has a von-Neumann-Morgenstern utility function u (c) =…
A: Utility = c1/2 Initial Wealth = $1000 success rate = 9% If successful then payoff = $100,000 Payoff…
Q: What is the profit maximizing /loss minimizing rule a firm should follow regardless of the market…
A: If pricing is less than average total cost but larger than average variable cost, a company avoids…
Q: In the multiple regression model, the assumption of no perfect collinearity is best described as:…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: The growth in the velocity of M2 has been steady at about 2% since 1950 so we figure it will stay…
A: Answer; We Know That Inflation in Future ( P)= 5% Rate Of Growth Of Real Output (Y) =…
Q: produ ossibility table Rye 0 10 20 30 40 0 50 O increasing marginal opportunity cost. decreasing…
A: In business examination, the creation plausibility wilderness (PPF) is a bend showing the differing…
Q: In a column in the Washington Post, Robert J. Samuelson wrote: "As for what's caused greater…
A: In the society there exists inequality in earning capacity of people. This is why the government…
Q: The money multiplier is the ratio of O the money supply to the monetary base OM2 to M1 O deposits to…
A: The money multiplier can be described as the disproportionate increase in the amount of money in a…
Q: 2. A water resources project has benefits that equal $40,000 at the end of the first year and…
A: Given Benefit at the end of the first year A1 = 40,000 and benefit increases on a uniform gradient…
Q: by Locke reflect concerns and problems of the 17th century? O Locke's ideas reflected a shift toward…
A: Answer -1 Property is a natural right derived from labor, according to John Locke. He maintains…
Q: What is the book value (to the nearest cent) for the asset in year 1 if straight-line method is…
A: Answer; Given data Cost of Asset = $ 50,000 Useful Life = 6 years Salvage Value = $4,000
Q: What is meant by the term “market power”? Can a monopolist charge any price it wants because it is…
A: Monopoly market is defined as a market structure in which there is only a single seller in the…
Q: ct assortments may be useful: motions will be necessary. ments before entry may be necessary to warn…
A: Compartive advantage alludes to the capacity to deliver labor and products at a lower opportunity…
Q: A drug company produces a new drug. The inverse demand curve for the drug is P=205-20Q, where Q…
A: Governments are in charge of upholding the social and legal foundations, delivering public goods,…
Q: Say I start a streaming service (called Dizzmal, which offers only documentaries about economists).…
A: There are two types of consumers with low and high demand. And marginal cost of production is MC=$2
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: You've decided to sell sweatshirts for the upcoming game. You project that at a price of $31.24 per…
A: We have given demand schedule and cost of production where cost has both varaiable and fixed…
Q: _____ means selling the products at a price less than the ongoing price in the market. a. Quota b.…
A: International trade is defined as the exchange of goods, capital, and services between different…
Q: Other things the same, the real exchange rate between American and Chinese goods would be higher if…
A: The answer is given below
Q: If inflation is less than expected, who benefits? Please include one or more examples in your…
A: Inflation is defined as an increase in the overall price of goods and services in a given economy.…
Q: 61. The total demand for money curve will increase (as a result of): A. if investors perceive less…
A: At the marketplace, money demand refers to the amount of money held by the people to make different…
Q: Kyle is a grade 5 student currently taking his modular class at home since the pandemic happened in…
A: Between 5th and high school its 7 years Amount saved = 500Php twice a month Interest rate (i) =…
Q: Which of the following is a benefit of central bank autonomy? Select one: O a. Corruption O b.…
A: The answer is - c. Low inflation
Q: Consider the following utility functions for wealth w: (i) u(w) = 3w, (ii) u(w) = w^1/3, (iii) u(w)…
A: We have 4 different types of utility functions and given w=1
Q: Which of the following would lead to an increase (rightward shift) in the demand for money? an…
A: The answer is -decrease in the interest rate.
Q: 1.The average individual in a country earns an annual salary of $60,000, of which $24,000 is spent…
A: Answer; A. Average Individual salary = $ 36,000 B. Spending : housing = $ 14,400…
Q: Which of the following is true of market social equilibrium if third parties, people outside the…
A: Externality refers to spill-over effect of a good on third party which is not involved in either…
Q: 4. Suppose the total revenue function is 4x2 + 3x + 2. Find the average and marginal revenue. In…
A: Given Revenue function: y=4x2+3x+2 .... (1) We have to find average revenue, marginal…
Q: 1. Draw five aggregate supply and demand graphs at long run equilibrium. Illustrate what would…
A: The aggregate demand–aggregate supply model, often known as the AD–AS model, is a macroeconomic…
Q: The probability of an 60 year-old male living to 70 years old is equal to in 2019. (Art_13_07_B)…
A: Answer; Option (b)85.30% is Correct
Q: A simple supply curve shows a relationship between the Multiple Choice price of a good and the…
A: Supply curve is upward sloping for a good.
Q: Next, consider a case that the integrated firm produce the product and sell directly to consumers.…
A: Introduction Here we have a case of integrated market where firm produces the product and sell…
Discuss whether and why the educational systems in many developing countries have led to overcredentialization and income inequality.
Step by step
Solved in 2 steps
- Use examples from Africa to Critically analyse the extent to which vulnerability and social exclusion are linked to poverty in developing countries.Using examples from Africa, critically analyse the extent to which vulnerability and social exclusion are linked to poverty in developing countries.What is the average income and poverty rate in urban areas of developing countries, and how do these compare to rural areas within the same countries? Additionally, what factors contribute to income inequality and poverty, and what policies can be implemented to address these issues?
- Despite serious congestion in cities of developing countries, rural-urban migration does not seem to decline. What are the underlying reasons?Explain what has led to over- indebtedness in most of our developing countriesHorizontal inequality is one of the causes of armed conflict in developing countries. (T/F)?
- What is the relationship between the age structure of a population and its dependency burden? Is the dependency burden higher or lower in developing countries? Why?Despite serious congestion in cities of developing countries, rural-urban migration does not seem to decline. Discuss the underlying reasons.What is meant by absolute versus relative poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP’s Multidimensional Poverty Index? Explain why should we be concerned with the measurement of poverty in developing nations!
- Answer the question about Contemporary Models of Development and UnderdevelopmentWhat is meant by absolute poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP’s Multidimensional Poverty Index? Why should we be concerned with the measurement of poverty in developing nations?Are developing countries experiencing a demographic transition much like the one developed countries did at their earlier stages of economic development or are there important differences?