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Q: describe and discuss the busines customs and practices that exist in USA. The following questions ar...

A: American business culture is efficiency-oriented and money-driven. “Time is money” means that no one...

Q: Suppose that people expect inflation to be 3 percent but that, in fact, prices rise by 5 percent. De...

A: Inflation is that the rate at that the worth of a currency is falling and, consequently, the final l...

Q: The exchange rate is the price of one currency in terms of another currency. An exchange rate specif...

A: Currency fluctuations are a natural result of most major economies' use of variable exchange rates. ...

Q: Primary deficit is $430 million and interest payments is $22 million Find fiscal deficit

A: The information being given to us is as follows:- Primary deficit = $430 million Interest payments =...

Q: Current Spot Rates. Use the table | containing economic, financial, and business indicators to answe...

A: * ANSWER :-  * Using the below table from the given question: The relevant data to solve the questi...

Q: Which of the following is likely to increase long-run economic growth? O A. Inflation. O B. An incre...

A: 1) Inflation is a persistence rise in the value of goods and services which erodes the purchasing po...

Q: A firm will at the output where marginal cost increases O a. begin to experience diminishing returns...

A: Marginal cost refers to the Change in total cost with respect to change in quantity.

Q: The production function of a firm is f: R2 → R, (L, K) H→ 10L + 16K – 2L? – K?, and the per unit cos...

A: Production function : 10 L  + 16K - 2L2 - K2 Let the cost of capital (K) be (r) & cost of labor ...

Q: ite a budget constraint of this individual and plot it. splay graphically what is the optimal consum...

A: *Answer:  *1   C = wT -wL Where , the price of consumption goods is normalised to Unity E and T is t...

Q: Question 3 What is the traditional way economists measure the standard of living? What are some prob...

A: Standard of living:- The level of money, conveniences, and facilities offered, as given to a communi...

Q: A local specialty wine store normally sells an average of 129 imported wines from France - per month...

A: Price elasticity of demand indicates the responsiveness of quantity demanded to a change in the pric...

Q: We can see from the payoff matrix that there are no pure strategy Nash equilibrium in this game beca...

A: The Nash equilibrium is a concept in game theory that states that if a player knows their opponent's...

Q: . Describe and explain the transitive assumption . Describe and explain the difference between incom...

A: Transitivity assumption: Transitivity is that the idea that if an individual prefers A to B and B to...

Q: Question 5: Applications In Economics als to Consider an cconomy with four sectors, Agriculture, Che...

A: Economists use sectors to categorize economic activity by grouping enterprises that perform comparab...

Q: The following equations describe the economy of Baratheon: C = 500 + 0.75Y |= 350 G = 700 X = 450 IM...

A: The output gap shows  the difference between the current level of production and the potential level...

Q: In transformationalism, countries become __________ a. All of these b. Powerless and powerful c. Pow...

A: Transformationalism tries to strike balance between the hyper globalist who firmly believe in the sy...

Q: Population 10 32 15 Income per month 2000 96000 1500 per person Total Population 57

A: The Gini index, often known as the Gini coefficient, is a measure of income distribution devised by ...

Q: If Reybien got a character loan of P10,000 from a bank with 18 percent interest per annum, how much ...

A: The principal amount is given which is 10,000. We are required to find out the amount of interest ea...

Q: The effects of a price level that is higher than expected are shown by shifting the short-run aggreg...

A: The short term is the period during which the factor of production (work) can be changed. In the sho...

Q: You are planning a summer vacation and are about to book a hotel room online for $149 a night. Howev...

A: In a market, when there is an imposition of taxes on a specific product or service, it is not necess...

Q: Calculate GDP using the  Expenditure Approach.  (all figures are in billions of dollars): Item Amoun...

A:   Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation u...

Q: A firm has the following cost structure: Output Total Cost($) 2. 6. 7. 30 32 36 42 52 64 78 Refer to...

A: Q TC 1 30 2 32 3 36 4 42 5 52 6 64 7 78

Q: Complete the first row of the table with the quantity of burritos that can be bought with $300. Note...

A: Given the price of a Burrito in 2017 = $4 Total money available to buy the Burrito = $300

Q: (b) Rank the three economic variables from most important to least important. Provide one relevant r...

A: Desclaimer:- as you posted multiple questions by default we are solving the first one    Economic va...

Q: Title Case: Ford to Shutdown Australian Production by 2016 The Ford Motor Company has decided to wi...

A: Cost efficiency: The act of saving money by modifying a product or process to perform more efficient...

Q: Assume the exchange rate is 20 pesos for a dollar. The dollar is expected to depreciate to 15 pesos ...

A: Exchange rate: It refers to the rate at which the economies do trade with one another. The economies...

Q: Find the value of Marginal cost if the marginal cost function is given is :- 3Q2 - 42 And the valu...

A: The information being given to us:- Marginal cost function is as:- 3Q² - 42  Quantity is 5 units  We...

Q: The table shows the total cost for a firm in a perfectly competitive market where the market price i...

A: Q TC 0 20 1 25 2 35 3 50 4 70 5 95  

Q: THREE reasons why a country economy is not productive and there is no economic growth. Ensure that y...

A: Economy: It refers to the region or a state where the population stays or where the resources are av...

Q: plete a table showing the unemployment rate, inflation rate and economic growth rate for 2009 18 for...

A: *Answer: 

Q: Select correct one and briefly explain in 5-6 Sentences only. Bob consumes only two types of goods,...

A: Consumption in the economy, use of goods and services by households. Consumption is different from p...

Q: MEGA BRIDGE SDN BHD has been offered by government to construct a bridge. Based on PROJECT X AND PRO...

A: Cost  of Project: It is total amount required  to finish  the project and  consists of a Direct Cost...

Q: 1. Assume a total cost function c(q) = 750 + 5q. The inverse demand function that the firm %3! faces...

A: A monopoly is a sole producer of a good in the market thus acting as a price maker whereas in a comp...

Q: To maintain the pegged exchange rate, the Chinese Central Bank used yuan to buy large quantities of ...

A: Pegged exchange rate: It refers to the fixed exchange rate of system. Under this system the economie...

Q: To achieve contractionary monetary policy, the Fed could     decrease the discount rate increase ...

A: Basic:- The tool of monetary policy is used by central bank of the country either in contractionary ...

Q: Suppose a consumer spends all of their money on good X and good Z. When the price of good Z decrease...

A: In a market, change in price of a good have two types of effect that are substitution and income eff...

Q: 1. Upon signing the lease and paying 5,000 php, how large are ACME’s fixed costs? Its sunk costs? 2....

A: The phrase "cost analysis" refers to a mensuration of the cost-output relationship, i.e., economists...

Q: Identify each of the following cash items whether it is fixed cost, variable cost, sunk cost, or opp...

A: Since you have posted a question with multiple subparts, we will solve first three subparts for you....

Q: Of the bad listening practices listed, which do you use the most? why do you think you use more than...

A: Mind wandering refers to a spontaneous shift of attention from the main task. This process is genera...

Q: Identify and explain the Three arguments in Globalization

A: Globalization Globalization is the method in which the firm and trades move ahead of the nationwide ...

Q: If in a regression, there are many variables, two of them show a square relationship (for example, A...

A: The correlation can be defined as a measure, which shows to what extent the two variables are relate...

Q: Calculate revenue deficit from the following data: S.No. ? (in crore) Items (1) Revenue receipts 50,...

A:

Q: r, we have discussed several key economic issues that are of significant concern in assessing any pa...

A: Conflict: It refers any fight or any disagreement that occurs between the parties. The more conflict...

Q: 1. Suppose you own a lemonade stand and sell delicious lemonade in your neighborhood. Ittakes 3 lemo...

A: The question asked us to calculate Production function,Profit function and the Profit maximizing amo...

Q: 5

A: Social welfare is the sum of utilities of all individuals. Since there are two individuals, it is th...

Q: Item Amount ($) 1,721.6 1,096.3 Government purchase of goods and services Exports Receipts of factor...

A: * SOLUTION :-  * The GDP is  = Consumption + investment + government purchases  + (exports - imports...

Q: Export subsidy can be welfare improving trade policy for a domestic country if   a) it is used for a...

A:   Meaning of Trade: The term trade refers to the situation under which the products and goods are tr...

Q: Is it correct that if revenue budget balances capital budget also balances true/false

A: According to the given  The revenue budget means detailing the initial sources from where the revenu...

Q: The graphs below show demand for labor in two countries, A and B, and several vertical labor supply ...

A: In this question, the supply curves are the long term aggregate supply curve. Also there is full emp...