Explain why a researcher may choose to use Roy’s Identity to derive estimable labour supply functions.

Q: Explain the monetaey policy

A: Monetary policies are a set of measures that a country's central bank can use to encourage long-term...

Q: suppose atmospheric co2 is growing at 2 ppm/yr, fossil and cement emission are 9 GtC/yr and the air ...

A: Given: CO2 growing rate = 2 ppm/ year 1 ppm of C02  = 2.12 gtc (standard value) Therefore,  CO2 leve...

Q: Carrot Apple 0 10 1 9 2 7 3 4 4 0   Using the PPF drawn above identify the point of ine...

A: PPF represents the  possible combination of two goods that can be produced with given resources and ...

Q: Assume a consumer's demand for a medical service is as follows: Q = 100 - Pp where Pp is the out-of-...

A: Answer is given below

Q: Suppose the production is given by Y=0.5*K13(AN)23. Suppose the depreciation rate is 2%, number of w...

A: Introduction: The loss or gain of an investment over a period of time represented as a percentage of...

Q: Assignment Booklet 1 Identity and ldeology Use the following information to answer question 6. Some ...

A: The Answer is -  A. Individual should have freedom to earn an income as they see fit it  

Q: icefields of Villaverde and it is being considered by the municipality. The locality has two (w ropp...

A: A benefit-cost (B/C) proportion is a pointer, utilized in money saving advantage investigation, that...

Q: Miker, a manufacturer of generic medications, is deciding how much to charge retailers for their gen...

A: The marginal cost is the increase or decrease in the cost of manufacturing one more item or serving ...

Q: When a market is competitive and functioning properly, economic theory predicts that the market equi...

A: In a market, market outcome can be unequal or distorted due to various uncertainties like externalit...

Q: The Pahang State Government is plan to provide a project to establish a large flood drainage culvert...

A: Given: The initial cost is = RM 2,000,000 MARR = 6% per year Project's life = 30 years To Find: The...

Q: Calculate producer surplus when a production quota at q = 10 is introduced in a market with demand d...

A: The imposition of quota by the government leads to rise in inefficiency. The part of consumer surplu...

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: The unemployment rate measures:

A: Unemployment is a situation where people are ready to work but they will not get any employment oppo...

Q: Price Brian's Quantity Demanded Crystal's Quantity Demanded (Dollars per slice) (Slices) (Slices) 1 ...

A: Demand: Demand for a commodity can be defined as the desire and willingness of a consumer to acquire...

Q: At a certain interest rate compounded quarterly, P1k will amount to P5k in 10 years. What is the amo...

A: The amount is compounded quarterly, so the rate of interest per quarter is r/4 and total number of p...

Q: Hamelink identifies three economic sectors of global communication: the infrastructure (satellites, ...

A: Below are the three identified sectors: 1. Infrastructure 2. Services 3. Content

Q: what is the derivative of TC = 3Q^2 + 7Q +12

A: Given:- TC=3Q2+7Q+12 To calculate:- Derivative of TC=?

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: Rational choice is made by comparing different incentives. is what you must give up to get what you ...

A: C is a choice that uses the available resources to best achieve the objective of the person in makin...

Q: 1. This question requires effective research to gather pertinent labor market statistics. Consider t...

A: ANSWER   This question requires effective research to gather pertinent labour market statistics.Cons...

Q: 1. An externality exists when agent A’s utility or production function depends on real variables cho...

A: market failure is the situation where market fail to allocate the resources efficiently . and there ...

Q: Which of the following is part of mandatory outlays?   A. Income assistance B. Defense spending ...

A: A Outlay happens when Federal cash is really paid out, not simply vowed to be paid ("obligated"). In...

Q: what is the role of radio in the media globalization?

A: Globalization is the process by which various cultures, societies, and economies become fully integr...

Q: Under the FLSA, states are preempted from requiring a higher minimum wage than the federal amount. G...

A: For employees in the private sector, as well as federal, state, and local governments, the Fair Labo...

Q: The demand for onions is very inelastic. Draw a supply/demand diagram that shows how the equilibrium...

A: Suppose you have a choice to make between two options. Let’s say for example at one particular time ...

Q: QUESTION 9 If total inflation over 18 years is 17.3%, what is the annual inflation rate? Write the a...

A: Inflation: It is the overall rise in the prices of goods and services/ rate of growth in prices.   T...

Q: If Php 10,000 is deposited each year for 9 years, how much annuity can a person get annually from th...

A: Cost of money is the amount of interest rate paid for borrowing funds.

Q: P 4. a sediment control project in nueva vizcaya requires an initial investment of 145,000, has a sa...

A: 4. Given initial investment = 145000 Project life = 6 years Salvage value = 22000 Annual expense = 1...

Q: 12. Based on the aggregate production function model, we can be certain output will increase if a. t...

A: Aggregate production function: Y = AK0.5L0.5 Where Y is output A is total factor productivity K is p...

Q: Draw the indifference curves when: i) X is water pollution, Y is air pollution, ii) X is beautiful s...

A: IC(indifference curves) shows the locus of points (combination of 2 products) that provide the consu...

Q: Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of A...

A: ▪︎Theory of Marxism.This was started by Karl Max. It is a socioeconomic, political, and economic the...

Q: Question 2 Use the following price and quantity data for this question. For chain-weight with price ...

A: a. Nominal GDP in year 1:=$5×10+10×20=$50+200=$250

Q: Kate has endowment E = (2775, 3000), i.e. she receives E = 2,775 in the first period and E2 = 3,000 ...

A: E = ( 2775, 3000)  r = 0.2 R(z) = 180. (z-100)1/2 , if z>100 R(z) = 0, if z<100 u = xy

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: discuss in detail political approaches to privatization

A: Privatization:- The transition of factors of production that are owned by public or controlled by pu...

Q: Directions and Analysis Task 1: Economic Concepts Perform online or offline research to learn more a...

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

Q: Consider an exchange economy with two goods, 200 agents of type A, and 100 agents of type B. The pre...

A: Introduction: Equilibrium is a stable condition of equilibrium in which opposing forces cancel each ...

Q: Let z be the standard normal random variable. 1 Find  P(z > 1.45)   a 0.0452 b 0.0531 c 0.0625 d 0....

A: Introduction: The normal distribution also called the statistical distribution, may be a symmetric c...

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: Assume that the loanable funds market is in equilibrium, as shown in the graph. If households become...

A: In the market of loanable funds, the price is considered to be the rate of interest and money is the...

Q: Compound interest With compound interest, the interest is added to principal in the calculation of i...

A: Given: Note=$11000 Rate of interest=10%

Q: If price of a good increases from $ 120 to $130 then quantity demanded will decrease from 1700 to 15...

A: In case of normal goods, demand curve shows the negative relationship between price and quantity. Wh...

Q: orrowed money from a bank. He receives P18T & promised to pay P20T at the end of 6 months. What is t...

A: Present received amount = 18 T Payment to be made = 20 T Payment made at the end of 6 months

Q: What is the price of one dollar if exchange rate is 1.5 dollar.

A: Exchange rate is a very important concept because it is the basis of modern International trade whic...

Q: Adam Smith, how would a market economy accomplish that harmony about which he describes?  What is go...

A: The market economy is one in which the forces of supply and demand determine market price and quanti...

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: rite a paragraph about the topic "Credit Cards". How do you feel about the use of credit cards ? Do ...

A: Introduction: The situation of one's own financial affairs is referred to as one's financial health....

Q: Under the FLSA, states are preempted from requiring a higher minimum wage than the federal amount. ...

A: For employees in the private sector, as well as federal, state, and local governments, the Fair Labo...

Q: Pls help with this homework.

A: Lets say that quantity of housing demanded is the dependent variable and price of house is the regre...

Q: How does digitalisation help lower manufacturing costs in the circular economy ?

A: In economics, digitalization refers to the process of using technology in business in order to lower...