Government involvement in the allocation of capital across manufacturing sectors is Group of answer choices industrial policy. balanced growth policy. supply management. regulatory policy.
Q: Provide three examples of public goods and services in your hometown. Explain how each is non-rival…
A: Generally, a public good or service that are available to all the members of a society by the…
Q: We expect that firms in perfectly competitive markets can earn higher economic profits in the short…
A: Perfect competition is the market structure with large buyers and sellers. The market structure…
Q: You deposit $6000 into an 7% account today. At the end of two years, you will deposit another $2500.…
A: Amount after compound interest is applied is calculated by using the formula A = P(1+r) n
Q: In 2012, Barrick Gold’s two most productive mines were Cortez and Goldstrike in Nevada, USA. Table…
A: Average Cash cost = Operating cost + Royalties + Taxes Average cost = Cash cost + Amortization…
Q: Consider the utility function u(x₁, x₂) = √√x₁+√√x₂. Prices are p₁, P2, and income is I. (a)…
A: Given Utility function: u(x1,x2)=x1+x2 ..........(1) The price of good 1 is p1 and…
Q: between the U.S. dollar and the Polish zloty is the number of dollars required to buy a single…
A: The _ between the U.S dollar and the polish zloty is the number of dollars required to buy a single…
Q: Which of the following may not be associated with a deficit? Select one: a. A need to increase…
A: When expenditures exceed income, there is a budget deficit, which can be a sign of how well-off a…
Q: If the government subsidizes vaccination against influenza to internalize the externality, should it…
A: We have given the market with externality such that it has social MB more than the Private MB.
Q: For the cost function below, where c is the cost of producing q units of a product, find the…
A: Marginal Cost is the additional cost incurred due to production of an additional unit of output.…
Q: 4) Suppose there are two firms that compete in prices, say firms 1 and 2, but that the firms produce…
A: Given information q1=10-2P1+P2 q2=10-2P2+p1 MC1=2 MC2=3
Q: Suppose now that country's national income increases to $35 billion. Assuming the amount paid in…
A: We have given that MPC=0.7 tax= 12 billion and for these C=16 billion
Q: Find f'(t) if f(t)= - 3t² +2t+7. f'(t)= (Simplify your answer.)
A: f'(t) is the first order differentiation of f(t). So we find df(t)/dt to get the required results.
Q: 3. Using supply and demand graphs, show the effect of the following events on the market NOVA…
A: Consumers' desire and capacity to acquire a certain item or service in a particular quantity at a…
Q: PROBLEM 6. On a sum of P15,000 for 2 years, if the difference between compound interest and simple…
A: A quick and simple way to figure out interest on money is to use the simple interest technique,…
Q: 4. A decision-maker faces a lottery that gives her a final wealth of 1 dollar with probability 1/4,…
A: A random variable may have any number of alternative values and likelihoods within a particular…
Q: The demand for pineapples takes the following form: Q=10-3p. What is the own-price elasticity of…
A: The relationship between the percentage change in a product's quantity demanded and the percentage…
Q: To describe the slope of an indifference curve, which of the following statements is true? a)…
A: Indifference curve This indifference curve is a graph that displays possible pairings of two goods…
Q: Refer to the information provided in Figure 1 below. Which of the following causes the ppf to shift…
A: The production possibility frontier (PPF) basically refers to a curve on a graph that depicts the…
Q: A consumer has utility u(x₁, x2) = x₁ for two goods. The government subsidizes half of the cost of…
A: Given information Utility function U=X1X22 If a consumer buys 2 units or less than 2 units then…
Q: The period of rapid and sustained increase in real output per capita that began in the Western World…
A: Industrialization refers to an approach by which an economy will be moving from agrarian production…
Q: 2) The owner of a restaurant that you are thinking of purchasing, tells you for x customers per week…
A: Cost : C(x)=15000+2x Revenue : R(x)=500x-3x2 a) Profit P(x) = Revenue R(x)-Cost C(x)…
Q: Year (Base year) 1850 2190 2380 2021 2560 Q.3.2.1 Use the information in Table 3-2 to measure the…
A: CPI (Consumer Price Index) informs on the change in the prices of a basket of items and services…
Q: In the market for widgets: there are 20 people willing to sell at £5 or more, 20 people willing to…
A: The supply schedule shows different combinations of price and the quantity supplied where the…
Q: Represent the supply of housing on a graph under two scenarios. First - an 'anything goe scenario in…
A: The equilibrium is the established where the demand and supply are equal. The change in the demand…
Q: A student decides to save money for a trip to Uluru. She opens a savings account with $300, and sets…
A: A.) The rate of growth of money is the component of the equation that is incorrect; it should not…
Q: Proposed Regressive Plan 40% on income up to $25,000 30% on income between $25,000 and $34,000 25%…
A: Here we are given the income tax structure, using that we solve the given questions.
Q: In the following table, which contains the demand schedule for a monopolist, enter the total revenue…
A: Introduction Total revenue can be considered as the total earnings incurred by a firm after the sale…
Q: The use of knowledge to improve productivity and enhance economic growth is known as Group of answer…
A: The process by which the economy's final commodities and services increase is known as economic…
Q: Will Stephanie have enough funds for her investment in stocks and bonds, when needed? What will be…
A: Introduction The long-term tool governments and businesses use to raise capital from investors is…
Q: Use the quotient rule to find the derivative of the following. 2 x - 8x+1 dy dx y = 2 X +5
A: Derivative in calculus, measures the (rate of) change in a function with respect to a variable.
Q: Find f'(x), f'(x), and f(3)(x) for the following function. f(x) = 6x³ +8x² + 9x f'(x) = f''(x) =…
A: In economics the taking of the first derivative or computing formula for the slope will be computing…
Q: As usual, goods 1 and 2 are perfectly divisible, meaning that ₁ and 22 can take on any nonnegative…
A: U = (x1x2)0.5 - 2-x3
Q: 2-42 A new integrated computer system is to be installed worldwide for a major corporation. Bids on…
A: When attempting to acquire a piece of property or engage in a procurement competition, an investor,…
Q: Suppose demand and supply are given by Qd = 50 - P and Qs = 0.5P - 10. a. What are the equilibrium…
A: The demand curve depicts the inverse relationship between price and quantity demanded, keeping…
Q: In a project, total 10 products will be produced by each worker. The time needed for producing the…
A: Learning rate refers to the proportion of amount saved by the increase in efficiency of labor every…
Q: Given that Stephanie’s bank offers an interest rate of 6% per year, what additional amount should…
A: According to the question, below information given that : Investment = $50,000 Interest rate = 6% =…
Q: The following equations represent the quantity demanded (Qd) and the quantity supplied (Qs) for…
A: A price ceiling is the established upper limit on what a seller is allowed to charge for an item or…
Q: A fiscal expansion coupled with a monetary expansion must always cause a) Output to rise b) Output…
A: A fiscal expansion occurs when the government either decreases taxes or increases the government…
Q: 3. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of…
A: The neutrality of money, likewise called unbiased/neutral cash/money, is an economic hypothesis…
Q: It is a hot day, and Elmo is thirsty. Here is the value he places on each bottle of water. Value of…
A: We have given the value Elmo places on each bottle of water. This value represents the maximum…
Q: 2. Consider a hypothetical economy with the following properties: Production Function: Y = K0.60…
A: Production Function: Y=K0.4LE0.6 Golden rule: The objective is to maximize consumption per effective…
Q: What are some of the issues that caused the collapsed of CLICO in Trinidad and Tobago?
A: The very worst catastrophic shock to strike the region to date was CLICO's corporate collapse on…
Q: Which of the following policies should the government NOT adopt if its goal is to enhance economic…
A: When talking about economic growth, it can be said that it is explained by an increase in the…
Q: The following income distribution data are for Lesotho: Quintile Lowest 10% Lowest 20% Second…
A: For a given income distribution, Ginni - Coefficient is used to measure the income inequality in the…
Q: Define positive and negative discounting and give examples of each
A: Interest rates decide whether or not a loan will be returned in whole or in excess of the original…
Q: all that a consumer with utility Marshallian demand u(7₁, 7₂) = min{7₁, 27₂} 2w W x(p, w) = (2p₁ +…
A: utility functions show the relationship between the utility and commodities that are consumed.
Q: Assume that an economy is initially operating at the natural rate of output (full employment…
A: The Promotion AS (aggregate demand-aggregate supply) model is an approach to showing national income…
Q: How much of the tax per cell phone is paid by producers and how much is paid by consumers?
A: Tax paid by producer = price received before tax - price received after tax Tax paid by Consumer =…
Q: Using Regression 3 results, is there evidence of international price discrimination? Is the…
A: The regression equation shows the relationship between the dependent and independent variables. It…
Q: How much time it take for an amount of Rs.450 to yield Rs.81 as interest at 4.5% per annum of simple…
A: A simple interest computes the interest on savings or loans without compounding. It is simple to…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- The National Development Plan (NDP) looks at building economiccapacity.Explain, with reference to the NDP, why gross fixed capital formation(investment) is important to building economic capacity in theeconomy, and whether or not the rates that are shown in the tableabove are sufficient to meet the requirements of the NDP.In the short term and with almost full employment, it is most realistic to increase GDP / per capita by: a. Employees move to sectors with higher labor productivity b. Labor productivity becomes higher, e.g. through increased investment and better education c. Taxes are reduced so that it pays to work harder d. The state supports industries with highly expected growth potentialIn the long term and with almost full employment, the greatest effect is to increase GDP / per capita by: a. Employees move to sectors with higher labor productivity b. Labor productivity becomes higher, e.g. through increased investment and better education c. Taxes are reduced so that it pays to work harder d. The state supports industries with highly expected growth potential
- Belize Prime Minister gave $30 million loan granted to Campus I Limited for constructing administrative buildings on government-owned land on Lake Independence Boulevard. Can this level of expenditure contribute to the economic growth of Belize or helped lower poverty among the population?Determinant Change Needed to Increase SRASSRAS Technology (Decline, Improvement) Input Prices (Decrease, Increase) Tax Rates on Firms and Corporations (Decrease, Increase)Native-born workers may not be harmed by immigration if it Multiple Choice reduces wages and labor demand is inelastic. reduces the rate of return on capital. increases the rate of return on capital. causes production costs to rise.
- The type of capital goods that serve the activities of many industries is called Question 10 options: Infrastructure Economic Development Assets Development incentives Capital investmentThe following public policies can facilitate economic growth in an economy. For each policy below, provide an example. a) Distributive b) Redistributive c) Regulatory and substantiveInvestments in human capital include all the following except A. attending college. B. saving money for college. C. exercising. D. maintaining a healthy weight. E.immunizing children against diseases..
- The mathematical representation of the technological relationship between inputs and national output is known as the Group of answer choices input-output table. production possibilities frontier. aggregate supply function. aggregate production function.Belize Prime Minister took $30 million loan from the Social Security Board, for constructing of administrative buildings on government-owned land on Lake Independence Boulevard. Can this level of expenditure contribute to the economic growth of Belize or helped lower poverty among the population?The National Development Plan (NDP) looks at building economic capacity. Explain, with reference to the NDP, why gross fixed capital formation (investment) is important to building economic capacity in the economy, and whether or not the rates that are shown in the table above are sufficient to meet the requirements of the NDP