Pls help with below homework. Selct the correct option : One of the main causes of the 2007-2008 financial crisis was the housing bubble created by relaxed mortgage lending standards accompanied by government guarantees in case of defaults.  A) True B) False

Q: 8) Can this program have no effect on labor supply? If yes show how graphically. h) Can this program...

A: the social security disability insurance(DI) program was restructured so that the disabled could get...

Q: Write the symbolic notation to determine the present value Po of the following cash flow diagram wit...

A: In the following question, it is given that : A Cash flow diagram Interest Rate = 2% Time period = 1...

Q: erve has decided it wants to increase interest rates by decreasing the money supply through deposits...

A: Given reserve ratio = 10 % Decrease in money supply = 100 million Money multiplier = 1 / reserve rat...

Q: 10. The U.S. Government bought 112,000 acres of land in southeastern Colorado in 1968 for $17,500,0...

A: please find the answer below.

Q: Recently, the economies of North Korea and Norway have begun to grow very rapidly. This increases th...

A: The market equilibrium interest rate is decided by the supply of loanable fund and demand for loanab...

Q: Jesse's utility function is given by U(L, C) = C(L+8). There are 16 hour in a day. His wage is $10/h...

A: GIVEN   U ( L , C ) = C ( L + 8 )  MRS = L + 8 / C  

Q: On this least-cost abatement curve, how much (GECO2) could we abate if we spent €8.37 billion?

A: Since you have posted multiple questions, as per guidelines we can solve only 1st  question.

Q: Assume that the labour demand equation for a fictional country is La= 90 - 2(w), where w is the wage...

A: Here we calculate the following terms by using the given information ,and fill the blanks so the cal...

Q: Kreese derives utility from two types of goods: cigars (good 1) and sleeveless shirts (good 2). A co...

A: Answer-

Q: 39. Interest is paid because A. O Capital is scarce B. O Capital is productive C. O Capital is attra...

A: Economic decisions are those decisions in which people will choose what to do with limited resources...

Q: Q4: A bank borrowed a company $130,000 to adjust a building. This loan is for 3 years at Compound in...

A: A = P ( 1 + r n)nt A =Amount P= Principal r= Rate of interest n= How many times rate of interest com...

Q: What amount of money invested today at 15% interest can provide the following scholarships: P30,000 ...

A: Engineering economics, formerly known as engineering economy, is a branch of economics concerned wit...

Q: Ed has 100 tons of manure. The lowest price at which he is willing to sell it is $10 per ton. Fred w...

A: Here the demand curve is below the supply curve it means that demand curve is starting from $8 where...

Q: • A market has the market supply equation as P = ½Q and the demand equation as P = 6 ½Q, where P i...

A: please find the answer below.

Q: On the graph, label your starting AD line as AD 2019.  Draw a new AD line showing the change to AD d...

A:

Q: Demand is said to be inelastic if a(n) ______. a. 9 percent price increase causes a 11 percent incre...

A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in pric...

Q: 4

A: Farmer optimal demand of good x1  and x2: Equating MRS  to price ratio MRS = MUx1MUx2 =12 x112 x2 = ...

Q: . The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is th...

A: To find:  The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. Wh...

Q: Critical Thinking: Let's make it as realistic as possible to the US. In 2020, the US had both a gove...

A: The circular flow of income, also known as the circular flow, is an economic model in which major ex...

Q: Normal profit is called normal because

A: To find:  Normal profit is called normal because

Q: Exercise 3: Risky Investment Charlie has von Neumann-Morgenstern utility function u(x) = ln r and ha...

A: "Expected utility" is an economic term that describes the utility that an entity or the aggregate ec...

Q: Briefly explain whether each of the following represents a shift in supply or a change in quantity s...

A: Supply curve shows positive relationship between price and quantity supplied. It is derived from dif...

Q: Every citizen should take basic economics is an example of a positive statement true or false

A: Positive Statements are those which can be tested and proved.  Normative statements are those which ...

Q: QUESTION 10 If prices grow by 2.9% every year, over 9 years, what is the total inflation rate? Write...

A:

Q: One proposal includes increasing the EITC for childless workers to provide additional assistance for...

A: The willingness of a person to work in a market and do job is determined by his/her choices for leis...

Q: True or False: It is possible, in a basic hours towards leisure and income towards consumption model...

A: Earned income tax credit refers to the tax break given to the workers in the economy. These workers ...

Q: 52. Law of substitution is another name for law of

A: To find : What is another name for law of substitution. 

Q: Describe what RGDP does between 2019 and 2021.  What was the highest value in 2019 (peak) and what w...

A: Gdp means total market value of goods and services produceddomestically during the year.  There are ...

Q: (a) Suppose Kreese's preferences are monotone (more is better) and that he is willing to give up one...

A: Introduction: In economics, utility refers to the complete satisfaction obtained through the consump...

Q: Assume that the two universities in USA (UA and UAA) are competing with one another to attract top s...

A: A payoff matrix represents the startegic decision of players which shows their payoff in the case of...

Q: 53. As output increases, AC curve

A: To find : Effect on AC curve. 

Q: QUESTION 13 A negative productivity shock O A. always decreases the amount of output for a given lev...

A: Output is produced using different inputs of production such labor, capital and land.

Q: How are elasticity and inelasticity similar? a. Both are determined by percentage change of price an...

A: The elasticity measures the responsiveness to change in quantity to change in price, keeping other f...

Q: The National Zoo is enlisting your help in setting the price of its admission. The management is awa...

A: Answer-

Q: Suppose that Portugal and Austria both produce rye and cheese. Portugal's opportunity cost of produc...

A: Comparative advantage refers to the ability to produce goods and services at a lower opportunity cos...

Q: What and when was the highest value of the unemployment rate?  What was the approximate value of the...

A: Since we answer maximum 3 subparts at a time the first 3 subparts will be answered here. Please reup...

Q: A firm has found from past experience that its profit in terms of number of unit X produces is given...

A: Profit a refers to the difference between total revenue and total cost. Profit per unit of product r...

Q: Utility is more closely related to he term

A: To find : Which term is more related to utility. 

Q: need the answer as soon as possible

A: A consumer equilibrium is a situation where the consumer attain maximum satisfaction given his expen...

Q: According to the Solow Swan model, an economy with a growing population will eventually have rate of...

A: The Solow Growth model analyzes the variation in output of an economy due to the variation in the gr...

Q: Consider the following cost function: C= 0.3q3 - 6q? + 90q + 100. When output is 18 units, average c...

A: Given: The cost function is: C = 0.3q3 - 0.6q2 + 90q + 100 To Find: The average cost when output is...

Q: The supply of a commodity refers to

A: To find:  The supply of a commodity refers to 

Q: An industry has the following cost function: C(X, Y ) = 1500+20X +20Y . Market demands for the 2 goo...

A: The demand for a product and UN agency desires to shop for it's brought up as market demand. this is...

Q: F(L, K) = LK^3 and F(L,K) = L+3K for each of these production functions: a) draw the corresponding...

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...

Q: 21.  In order to enter a new market, your company decides to price its primary product relative to t...

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

Q: What role did MITI serve in Japanese economy

A: In the areas of investment in plant and equipment, pollution control, energy and power, some aspects...

Q: Illustrate using a supply and demand graph what happened to Netflix resulting from new competition, ...

A: The demand and supply play an important role in determining the equilibrium price and quantity of a ...

Q: Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be ...

A: Assuming 1 year = 26 weeks i per week = 10%/ 26 = 0.3846153% per week Effective interest rate = (1 +...

Q: In the small closed economy of Bonretia, the currency is the denar. Statistics for last year show th...

A: Given: Private savings = 50 billion Taxes = 40 billion Government expenditure = 30 billion Transfer ...

Q: The retirees are 2.7 million people. Find a). Unemployment rate b). Employment rate =). Participatio...

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