Economist who generally empgasize the importance of aggregate supply in determining the size of the macroeconomiy over the long run a- says law b-Neoclassical economists c-Keynes lasw dk- Neoclassical zone

Q: An estimated regression equation is ŷ = -1 + 2ln (x). Then we can forecast: Oaŷ= -0.386 if x = 2. Ob…

A:

Q: Early Late Hydration Power Drink 7.00 6.00 Satisfying Bundle Smoothie Price 5.00 10.00 Net Profit

A: Net profit: The amount your business makes after deducting all operating, interest, and tax costs…

Q: Consider a forester who must decide when to cut down a growing tree. Suppose the net value of the…

A: # If the continous interest rate is r% , then the future value a amount P     is given as:    =>…

Q: Suppose that the rental rate on Capital equals k^1/2, and the wage rate equals 9. The firms…

A:

Q: m ABC has estimated that it has the following production function: Q = 1.5LK – 0.3L2 – 0.15K2 Labor…

A: Production function represents the functional relationship between output and input. The cost is…

Q: Why is stagflation particularly damaging for an economy? Lowered competition for jobs hurts…

A: Stagflation refers to the ccombination of stagnation alomg with inflation in the economy which does…

Q: The figure above represents a firm in a perfectly competitive market. The firm will shut down if…

A: Perfect competition is a market arrangement in which there are many buyers and sellers. The products…

Q: 1) When and why should a utility approach be applied?

A: "Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Critically analyze how the quantity and quality of the labour force, technology , the political and…

A: The economic variables directly impact the economic development and growth of a country. Any…

Q: if real interest rates fall​, output in the short run will (Rise or Fall)

A: The aggregate demand is given as:  Y = C (private consumption expenditure) + I (private investment…

Q: How much would you have to deposit now, so that you can withdraw of $10000 starting at the end of…

A: Given, $10,000 per withdrawal beginning at the conclusion of Year 5 After year 8, withdrawals will…

Q: According to the text explain briefly how Risk Analysis helps the decision maker?

A: Introduction Decision-making analysis help to taking an optimal decision. Risk analysis can be…

Q: Suppose a monopolist's profit-maximizing output is 200 units per week and that the firm sells its…

A: In a monopolistic market the profits are maximized by equating marginal cost with marginal revenue.

Q: AS/AD Graph Short Run Illustrate the short run part (3) via an AS / AD diagram

A:

Q: What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a…

A:

Q: Write true or false for the following:   a.The government modifies the taxation system sometimes…

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

Q: Does the short-run Phillips curve have a positive or negative slope? Explain how this slope is…

A: The short-run Phillips bend has a negative slope. The curve shows the inverse connection between…

Q: The Pizza company's franchisees pay a royalty to the company that is typically equal to 4.5% of the…

A: Promotion price of pizza = 1  Cost of producing pizza = 1.1 Royalty paid = 4.5% of the revenue…

Q: A monopolistically competitive industry is characterised by: O Firms supplying homogeneous goods or…

A: In case of Monopolistic Competition, there are large number of firms selling slightly differentiated…

Q: You expect interest rates to rise with upcoming inflation so you shorted (on margins) a US Treasury…

A:

Q: (7) The Efficient output is found where the

A: Negative externality reduces the efficient quantity.  Positive externality increases the efficient…

Q: A property owner is faced with a choice of: A large-scale investment to improve her flats. This…

A: In order to identify the best courses of action, decision tree analysis is the process of creating a…

Q: In perfect competition, restrictions on entry into an industry Select one: O a. do not exist O b. O…

A: In perfect competition ,  There exists various nos. of buyers and sellers.  The market is composed…

Q: 1. Consider the markets for Streaming Services, Cable TV and Pizza a. Complete the following…

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

Q: Select the correct term for each of the following definitions in the table. Definitions A legislated…

A: When federal government borrowing raises interest rates, the outcome is lower consumption, and…

Q: S If the price of oats is $3.0 per kilo, calculate the total revenue and the total profit (or loss)…

A: Given information, Price of oats = $3.0 per kilo.

Q: GDP minus depreciation is the formula used to calculate a- Net national product b- Gross natioal…

A: Gross domestic product is the money value of all final goods and services produced in an economy…

Q: In 2020, the COVID-19 struck and disrupted the world. As a result of this virus, we saw a decrease…

A: Introduction  The COVID-19 pandemic has led to a dramatic loss of human life worldwide and presents…

Q: Suppose that a monopolist whose marginal cost curve is MC(Q) = Q2 faces the demand curve P= 5 - 2Q.…

A: A market structure is characterized by a single seller, selling an extraordinary product in the…

Q: The short-run marginal and average cost curves for a firm are displayed below. When q = q 5, the…

A: Perfect competition refers to the situation prevailing in a market in which consumers and producers…

Q: The deadweight loss that results from this externality is represented by area _______.   Group of…

A: Dead weight loss is the welfare loss.  This arises due to inefficiency.  Dead weight loss shows the…

Q: Covered Interest Rate Parity holds much better than Purchasing Power Parity". Discuss fully,…

A: A theoretical situation when the connection between interest rates and the spot and future values of…

Q: ession, a Keynesian economist would: (Select all that apply) A. Increase Taxes B. Decrease Taxes C.…

A: To fight recession Keynesian suggested that the government should increase Aggregate demand (as AD…

Q: Paige has the utility function U(x, y) In(x) + 4y Do not worry about corner solutions when answering…

A: Utility function : U(x,y)=lnx+4y The indirect Utility function shows the maximum utility that can be…

Q: 12. (Exhibit: Total Product) When hiring units of labor between zero and L1 units of labor, which of…

A: There are total three phases in Total product curve.  These are :-  a). Increasing return to scale…

Q: The demand curve and supply curve for one‐year discount bonds with a face value of $1,050 are…

A: The equilibrium state provides an equal level of demand and supply. The various combinations of…

Q: 2. If, when the price of a product rises from GHc1.50 to GHc2, the quantity demanded of the product…

A: Elasticity of demand measures how much a good's demand alters as a result of modifications to its…

Q: a. List the three main tools of monetary policy used by the Fed and briefly describe how each of the…

A: Monetary policy is the policy adopted by the monetary authority of a country to control either the…

Q: hat is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first…

A: Given Annual withdrawal = 23391 Interest rate (r) = 10% Annual increase = 10%   Introduction The…

Q: For a small change in px, use the Slutsky equation to find the substitution and income effects for…

A: The  change in demand due to a change in purchasing power of a good is income effect. The…

Q: The Consumer Price Index measures the overall level of prices faced by: consumers and producers. a…

A: Price index refers to an economic measure to compute the change in the general price of goods and…

Q: Project NOLA has an initial after-tax cost of $150,000 at t = 0 The project is expected to produce…

A: Initial cost The cost incurred by a company during its initial period or at the time of starting the…

Q: Suppose a consumer wants to buy a new house and has a budget of 50 million. The consumer cares only…

A: Budget Constraint is defined as the total amount of goods and services that can be purchased with…

Q: .What trends or impending changes of Environmental Influences that are likely to take place in the…

A: Business should always understand the demand in the market and create value accordingly. This value…

Q: nary G

A: Full employment refers to situation where AD is equal to AS at potential output level. Equilibrium…

Q: Jacob is considering buying hurricane insurance. Currently, without insurance, he has a wealth of…

A: Jacab hs utility function U(W)=ln(W) The initial wealth he has is $80,000 and loss form event is…

Q: Consider the following situation. Maipo and Pisco need to decide how to divide a cake between the…

A: A situation in which neither of the participants has a incentive to alter their respective…

Q: Py 1 4px Py 4px ○ $ha (Pa, Py, U) = (U - In ( 1 ) + 1). —; hy (Px ›Py,U) = Ohr (Px, Py, U) - Py 4px…

A: Hicksian demand functions are also known as compensated demand functions. Hicksian demand functions…

Q: Total value of corporate shares Currency outside chartered banks Chequable notice deposits at…

A: The money supply is the entire amount of money in circulation (cash, coins, and bank account…

Q: 1. The government's tax revenue increased by 10.3% from PhP 1,217,663 million in 2020 to PhP…

A: Tax increase or decrease in spending: Contractionary fiscal policy Tax cuts pr increase in…