Q: Which factor of production is almost never included in a firm's fixed costs? Land Labor Capital All…
A: Fixed costs will be costs that don't differ with the sum created. Models are interest on debt,…
Q: ibution policy? me tax ncial support for those who uring the pandemic -discrimination legislation…
A: Government The public authority/government couldn't be considered as any individual or an…
Q: A country reported nominal GDP of $200 billion in 2006 and $180 billion in 2005; it reported a GDP…
A: "GDP represents the market value of all the final products and services produced in a country at a…
Q: ind the present worth in year 0 (PT) for the cash flow diagram using an interest rate of 9% per year…
A: Introduction This topic is related to financial Economics in which we need to find the present…
Q: A6 describe the changes of current, capital, and financial account balances. Is the deficit of…
A: Balance Of payment Balance of payment refers to the statement of a country that shows the inward…
Q: The primary purpose of he Coordinalion of Benefits provision found in most group Major Medical…
A: This is an arrangement in the agreement that applies when an individual is covered under more than…
Q: 2. In Production Theory, what is meant by "short-run" production period? What is meant by "long-run"…
A: The measure that depicts the period that begins with pre-production and tends to end when there is…
Q: The following equations have been estimated by Ordinary Least Squares (OLS), where Y denotes annual…
A: The OLS estimator reduces the sum of the squares (the difference between the observed and predicted…
Q: One argument for some inflation is you are more likely to get a pay raise it makes prices in real…
A: When talking about inflation, it represents a rise in the general price of the basket of cost and…
Q: Givoen the rule of 72, how long would it take for China's economy to doube in size at a constant…
A: Rule 72 helps to calculate number of years that a certain amount of investment or money will take to…
Q: has an absolute advantage in the production of barley, and has an absolute advantage in the…
A: International trade: - it means the buying and selling of goods and services with other countries.
Q: Neuratility of money means that an increase in the quantity of money All the above Does not affect…
A: Neutrality of money explains the neutral nature of money.
Q: In the Solow growth model, suppose that the per-worker production function is given by y=zk2/3 . The…
A: "Production function demonstrates the relationship between factor inputs involved in the production…
Q: If the price of beef went up due to an increase in the incomes of most citizens of a particular…
A: Price elasticity of the supply refers to the percentage change in quantity supplied with respect to…
Q: 1.11 If desired investment exceeds actual investment, then... a) The economy is in a recession. b)…
A: As a rule, planned investment is how much trading companies intend to embrace during a year. Real…
Q: According to the Reserve Bank of Australia (RBA), which of the following is a monetary policy goal?…
A: Reserve bank of Australia has different policy targets which it tries to achieve.
Q: dumping is done with the goal of driving domestic firms out of business.
A: Dumping is done by the foreign companies to drive out the domestic firms. These firms charge price…
Q: Defend or Refute. “John Maynard Keynes rejected the theory of classical economics that there will be…
A: In the classical economics, Adam Smith proposed the idea of invisible hand meaning that any…
Q: N Owns a Disability Income policy that will cover him to age 65, allhough the insurance company has…
A: In the insurance market, there are different types of coverage and insurances are provided with…
Q: In the context of the Keynesian model, which of the following statements is incorrect? Group of…
A: Keynesian cross model determines the equilibrium level of output produced in the economy.
Q: A6
A: A demand curve shows the inverse relationship between price and quantity demanded. The demand curve…
Q: What is the current federal fund rate using Taylor Rule. The inflation rate is 5%, target inflation…
A: Taylor rule: R = r* + π + 0.5*(π - π*) + 0.5*(Output gap) where, R = nominal federal funds rate r*…
Q: Identify 5 areas of the economy where the influence of the 4IR was either positive, negative or…
A: Smart gadgets will have increased access to data as the Internet of Things grows more ubiquitous,…
Q: 1. In the blanks below, mark the following statements as either TRUE (T) or FALSE (F). 1.…
A: According to Bartleby policy only first three subpart solve here mention remaining questions…
Q: Adapt the two-sided search model to include government activity as follows. Suppose that the…
A: Two-sided search model The two-sided search model refers to the supply of labor and demand of them…
Q: Benefits are payable in a Critical Illness Plan for which of the following situations or illnesses?…
A:
Q: When production in an economy grows more quickly than the population in that economy, which of the…
A: Productivity refers to the ability to produce goods and services with the given resources and…
Q: how can Liquid waste be an important aspect of waste management in any society
A: In metropolitan regions, waste management is becoming a rising economic, social, and political…
Q: 3 You are considering investing $3,000 at an interest rate of 8% compounded ar ally for five years…
A: Compound Interest: Compound interest and simple interest are different, because in compound…
Q: 2. What is the significance of understanding the economic role of financial institutions, as well as…
A: Financial institutions nourish commercial clients and consumers with a wide range of services and…
Q: Maria works for a restaurant as a waitress. The following illustrates Maria's employment rent. If…
A: Unemployment refers to those individuals who are not currently employed but that are actively…
Q: You win the lottery on July 1st, 2022! It is $1,000,000. But the thing is, they won't pay you that…
A: An annuity is an agreement between you and an insurance company in which you construct a lump-sum…
Q: 85, erfectly effective ess effective erfectly ineffective
A: In economics and political theory, fiscal strategy is the utilization of government income…
Q: An increase in government spending in a simple open economy leads to An increase in the budget…
A: Fiscal Policy Fiscal policy refers to the policy of the government and central bank by which the…
Q: vid purchases two goods: bananas (x) and tea (y). Her indifference curves are smooth and convex.…
A: Introduction This topic is related to indifference curve of two different goods.
Q: In a business cycle , what are the features of stages of expansion ? a ) Rise in national output ,…
A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…
Q: 2. The internal rate of return on an investment refers to the interest rate earned on the: a.…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Charles started working in 2006 when the CPI was 100. His salary has remained at $30,000 since 2006.…
A: The Consumer Price Index measures the overall change in consumer prices over time based on a…
Q: COUNE 689 TVC 0 65 105 135 167 a. 203 244 293 55 355 432 10 527 4. Explain why the short-run MC is…
A: MC curve refers to the marginal cost curve.
Q: If 50 units of.a good are sold at a price of $20 and 80 units are sold at a price of $15, what is…
A: Price elasticity of demand measures the responsiveness of change in quantity demand due to change in…
Q: The Director of Jonat Enterprise hires labour (L) and rents capital equipment (K) in a competitive…
A: Production function : Q = 14K0.5 L0.5 + 10 Profit maximizing utilization of any input is the till…
Q: Organisational Behaviour Select a company on your choice that undergoes organisational failure in…
A: There are many types of phones that we can consider on market, Nokia was one of the varieties of the…
Q: 3. Should there be separate measures of economic output (GDP) and Quality of Life? 4. If Per Capita…
A: Per capita GDP (GDP) is a monetary metric that separates a country's financial result for each…
Q: instructions. Typewritten for an upvote. No upvote for handwritten.
A: We hace: Cost of oven and freezer (Fixed cost) is $27,000 Cost of frozen pizza (Variable cost) is…
Q: A particular model of used car comes in four categories, with equal numbers in each category. The…
A: Akerlof's model was simple however strong. Assume that some cars are "lemons" and some are great. On…
Q: The provincial government reduced welfare rates and found that the jobless rate decreased over the…
A: Answer:- Option "b" is correct ( a presumed cause and effect relationship). Explanation:- A…
Q: For a monopolist facing a linear demand function (P = a - bQ) for their product and a constant…
A: Given Demand equation P =a-bQ ... (1) Marginal cost MC=c+ Excise tax=6
Q: Which of the following is NOT true about discount rate and statutory reserve requirement? O Both are…
A: The money supply is the aggregate sum of money, money, coins, and balances in ledgers — available…
Q: State two improvements of the Baumol-Tobin theory in relation to the Liquidity Preference Theory of…
A: Liquidity Preference Theory is a model that proposes that an investor should demand a higher…
Q: A project your firm is considering for implementation has these estimated costs and revenues: an…
A: The current cost value is the present value of the costs. The present value of costs is calculated…
Government economic planning has a historically better record of creating prosperity than the free market.
True
False...
Step by step
Solved in 2 steps
- South African economic growth has not been performing well due to this state capture. how has sate capture obstructed the country's economic growth and development? Discuss criticallyWhat economic zone set by countries such as China and Indonesia can be seated as an example of neoliberalism as an exception and what are the implications for the future role of the state?Which of the following are Adam Smith's Dos? A. Protect society from violence and invasion of other countries B. Establish safety net programs to protect citizens C. Establish an exact administration of justice D. Erect and maintain public works and institutions where private enterprise could not profit from doing so
- Given that most entrepreneurial start-ups fail, why do entrepreneurs start so many new firms? Why are (most) governments interested in promoting more start-ups?List the variety of policy tools available to government for increasing the rate of return for new technology and it's encouraging development.Discuss the four key economic functions performed by the government of Ghana indicating how satisfactory or not (with sufficient evidence backing your stand) the current government of Ghana has performed each role.
- which of the following best describes what is meant by "neoliberalism"? A. Economic theory that advocates deregulation, lower taxes, reduced government spending and privatization of services once provided for by the goverment B. Economic theory that does not advocate government ownership of industries, but does advocate welfare benefits for the poor C.Economic theory combining the New Deal theories of the 1930s with the Civil Rights goals of the 1960sD. Economic theory similar to socialism, advocating government ownership of some industriesLet instead assume you are a policy maker. Which type of “scenario” would you prefer to create in order to stimulate as many new business opportunities as possible out of the initial support provided to a national champion firm (5 points)?Most economic problems arise in consequence of changes of circumstance. True or False
- I feel that the strongest moral consideration in favor of capitalism would be the freedom to pursue a business for private ownership or have private ownership of your own business by building it from the ground up. If you want to start your own business, you can do that. If you are interested in a specific job, you can figure out a plan to get yourself educated in that field, prove your worth through applying and interviewing, and you can eventually find yourself in that dream position through persistence and hard work. At the end of the day, it all depends on what you want to do. All of the pressure is on you to create the future you ideally want through the choices you make in the current market. I feel the strongest objection to capitalism is oftentimes the large majority of the profits go to the higher-up executives in many large companies. With the freedom of conducting business, upper management has the ability to control wages the way they feel necessary, which means the…Explain why political institutions affect economic performance regardless of any preconditions or stages of economic development.Describe three ways a government policymaker can try to raise the growth in living standards in a society. Are there any drawbacks to these policies? Which one if any do you think is most plausible?
