Given the following data for the economy, compute the value of the investment component of GDP.   Government purchases of goods and services 22 Consumption expenditures 100 Exports 11 Imports 22 Change in inventories −13 Construction of new homes and apartments 20 Sales of existing homes and apartments 20 Government payments to retirees 26 Business fixed investment 21

Q: WHAT IS HIS PROFIT

A: Total Cost = Total Variable Cost + Total Fixed Cost Total Revenue = Price*Quantity Profit = Total…

Q: . Then the price charged to consumers is the marginal costs of production

A: In order to find the relationship between the price and the marginal cost make use of the condition…

Q: The answers are all incorrect

A: Loan amount required = $26000 Monthly rate R = .25% Time = 60 months Let, monthly payment = P

Q: 1. One German worker can produce either 5 cars or 10 tons of grain a year. One Japanese worker can…

A: Since you have posted a question with multiple sub parts, we will provide the solution only to the…

Q: alculate the increase in output (GDP) generated by $100 increase in autonomous spending for…

A: Given information: Consumption function: C = 200 + 0.9*(Y-T) --------------- The marginal propensity…

Q: When a lower-income economy’s GDP is able to “catch up” with a higher-income economy’s GDP, this…

A: GDP is the gross domestic product.  GDP is the sum of all the goods and services produced in an…

Q: Slove this parts also, (d. Average variable costs (e. Average total costs (f. Marginal costs

A: Total cost is the sum of fixed cost and variable cost.  Fixed cost are the cost that are fixed and…

Q: A small computing center has found that the number of jobs submitted per day to its computers has a…

A: A set of data's spread or dispersion is measured by standard deviation. It describes the deviation…

Q: Nelson and Plosser (1982) found that much of the recession following the oil shock of 1973-1975 was…

A: Recession refers to a reduced rate of economic activity. It is caused by numerous factors such as…

Q: An international textile company's North America Division must decide which type of fabric cutting…

A: To calculate annual worth we use the following formulas Equal payment series capital recovery…

Q: would this be considered deflation?

A: Inflation is the rate of rise in costs over a given period. Inflation is typically a wide measure,…

Q: Explain demand in easy language

A: Market costs are resolved through demand and supply. On the off chance that the demand for an item…

Q: Consider the production functions represented in Fig 7a. When an economy moves from to Point V, what…

A: Capital deepening means increase in per capita capital. Per capita capital means capital available…

Q: The worldwide market share for a web browser was 20.2% in a recent month. Suppose that a students at…

A: From the given data, Population proportion (P or π) = 20.2% = 0.202 Sample size (n) = 120 Sample…

Q: Calculate the perpetual equivalent annual cost (years 1 to ∞) of $925,000 now and $975,000, 3 years…

A: initial Cost = 925,000 3Years from initial cost = 975,000 i = 9% n = 3

Q: Using examples to differentiate between positive consumption externalities and negative production…

A: Introduction  Externality occur is an economy when the production and consumption of a specific good…

Q: The graph below depicts Jacques monthly demand for tuna. Suppose the price of tuna falls from $12…

A: Every individual in the economy performs an economic activity to gain some satisfaction level. The…

Q: John invests $1200 at an annual rate of 4.4% compounded semi-annually for 3 years.

A: We use the formula for compound interest. A = P[1+r]ⁿ Since we have semi annually we use the…

Q: Economists interested in the “well-being” of the people of various countries often use indicators…

A: Earnings, income, and consumption are commonly used economic indicators of well-being, but still…

Q: 7. Movements along versus shifts of supply curves Consider the market supply of lattes. Complete the…

A: Market supply is the total amount of a thing producers are willing and ready to sell at various…

Q: The table below shows national data for the economy of Westfall. Round your intermediate…

A: Inflation is the rate at which the price of goods would increase over a given period of time and…

Q: Consider an economy where the consumers buy widgets, cogs, and services. The CPI market basket…

A: CPI, consumer price index measures the cost of market basket of goods and services consumed by an…

Q: Vistakon makes Acuvue TruEye and Acuvue Moist contact lenses. The following is Vistakon’s production…

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

Q: Spectra Scientific of Santa Clara, CA, manufactures Q-switched solid state industrial lasers for LED…

A: Formula for Equal Annual payment: Annual payment = (r x P)/ [1-(1+r)-n] P = Principal of loan = $…

Q: Newspaper vending machines are designed so that once you have paid for one paper, you have access to…

A: In economics, the term 'utility' is used to describe an individual's satisfaction from consuming or…

Q: When a good gets better from one year to the next, the CPI has a what is called O quality change…

A: The consumer price index (CPI) measures the average change in the cost of the market baskets…

Q: 3. The consumer has the utility function" = x₁x₂x1ax21-a. (a) Find her indirect utility function.…

A: The maximum-value function that depicts the maximum attainable utility for the given income of the…

Q: 8.16 The fixed and variable costs for three potential manu- facturing plant sites for a rattan chair…

A: A company's profits are determined by subtracting its costs from its revenues. The company's main…

Q: Suppose that the U.S. government reduces the tariff on imported coffee, and a reputable study is…

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes…

Q: Why is it important to be aware of economic issues?(Explain and give two examples). Discuss your…

A: Economics is a part of social science that involves the study of the manufacture, consumption, and…

Q: Suppose f(k) = k°4, A = 2, s = 0.1, n = 0.04, and d = 0.1, what is the value of k in the steady…

A: A steady state is an equilibrium path in which variables such as Capital (K) and Output(Y) grow at…

Q: Suppose Jasmine's utility function is U(x,y) = 15x -5.3x² + y. Her income is 5.8 dollars, the price…

A: Utility maximization refers to the process of determining the combination of goods and services that…

Q: You have an account that starts with $5,000. You add $500 to it each month. It earns 5.5% interest,…

A: Compounding refers to the process of generating earnings on an asset's reinvested earnings. In other…

Q: he generalized demand for Pepsi is Qd = 200- 20p + 5m +2pr and m=50 and pr=15. If the Qs = -40 +…

A: The Equilibrium is established where the demand and supply forces are equal. Change in the demand or…

Q: b) Define unemployment USA and Australia? and its measurement. What is the current environment in…

A: As per the guidelines we are allowed to answer the first question only. Please post the remaining…

Q: Given that price level of Singapore is 105, the price level of New Zealand is 125 and the real…

A: The formula for Real Exchange Rate (RER) is given by: RER = eDomestic Price LevelForeign Price…

Q: Suppose that upon solving for optimal bundles of hamburgers and french fries, we determine that when…

A: "Since you have asked multiple questions, we will solve the question asked by you. If you want any…

Q: wo individuals, Fred and Helen, are in an economy with no production, and each have the utility…

A: General equilibrium is an economic concept that describes a state where the market prices and…

Q: Germany and Sweden produce cars and kitchen appliances. Germany can produce 5 million cars per year…

A: Disclaimer: - Since You asked multipart question, we are solving the first 3 subparts as per…

Q: The demand curve and supply curve for one-year discount bonds with a face value of $1,040 are…

A: Discounted bond Face Value = 1040 Bd = -0.8Q+ 1160 Bs = Q + 680

Q: The figure below illustrates the market for pumpkins just before the harvest for Halloween.…

A: An elastic demand is one in which the change in quantity is demanded due to a large change in price.…

Q: .7. Create a profile in which candidate A wins the antiplurality election, candidate B wins the…

A: The Borda count is a voting system used to determine the winner in an election. In the Borda count,…

Q: Who has the comparative advantage in the production of tubas? Eddie, because his opportunity cost of…

A: Given information Eddie and Dave both produce guitars and tubas.  Eddie can produce either 32…

Q: The stability of leverage ratios is heavily dependent on the stability of the economy

A: A leverage ratio is a financial ratio that measures the level of a company or financial…

Q: The short-run total cost function of repairing s cars is TC(y)=2y2+10. Find the following: (a.…

A: Fixed costs are costs that do not vary with the level of production or output. They are expenses…

Q: A survey of professional economists revealed that more than three-fourths of them agreed with a…

A: a) Tariff acts just like a tax on the imported good whereas an import quota is restriction on the…

Q: Assume a market for petroleum products, and let D denote the demand of petroleum products while MC…

A: Monopolist: A monopolist is a single seller in the market and hence he faces the downward sloping…

Q: could you show how to determine the bond's present value without a calculator?

A: When interest rate rises to 4%: Given, Face value= future value= $1,000 Yield to maturity= 4% Time=…

Q: Compute how much a business is worth if it is expected to generate cash flows to its owners of $0…

A: A financial statistic known as present value determines the current worth of future cash flows once…

Q: The sharp increase in the price of goods and services post covid-19 pandemic is expected to make all…

A: Since, it is given that, after covid-19 there is sharp increase in the price of goods and services…