Q: The most important developments that have reduced banks' cost advantages in the past twenty years…
A: BANKS Banks are the Financial institution which is legally licensed to receive deposits and provide…
Q: What must the academia do in order to improve the Philippines’ standing on innovation? Cite examples…
A: In light of the United Nations Educational Scientific and Cultural Organization (UNESCO) benchmark,…
Q: Consider the following utility function. U=U(X,Y)=X0.2Y0.8 Find the marginal utilities.…
A: Utilty is defined as the satisfaction which the consumer gets by consuming the homogeneous units of…
Q: You can improve or damage your credit history with a credit card. O True O False
A: The economics as a study is based upon the idea that the resources which are present with each…
Q: Number of Votes 63 43 A reality show is considering three cities for their new season: Philadelphia…
A: Answer is given below
Q: 27. If the demand for a pack of cigarettes is Q=50-$5P For a typical smoker and the price per pack…
A: A consumer surplus happens when the price consumers pay for a product or service is less than the…
Q: If Mylan continues to charge $150 per EpiPen, Mylan will earn economic profit. True or False: Given…
A: Theoretically, a monopolistic market is one in which only one business is allowed to sell goods and…
Q: When a country operates with a currency board, the central bank's sole objective is to maintain the…
A: When a country operates with a currency board, the central bank's sole objective is to maintain the…
Q: In one way, the impact of immigration and inward foreign direct investment are structurally the same…
A: Labor refers to the portion of the population that works or are looking for employment. It is also…
Q: Compute the nominal GDP Year: 2021 Value added of agriculture, fishery and forestry sector Value…
A: Nominal GDP = C+I+G+NX
Q: Superconductor technology is becoming a widespread and indispensible component of the machines we…
A: Given, Superconductors play a vital role in the manufacturing of machines. They are found in each…
Q: If a binding minimum wage is implemented in an economy, we can expect _______ to decrease, resulting…
A: Answer: If the minimum wage is binding it means the government has set the legal wage that is higher…
Q: 2) Using the (simpler) demand function f(q) = { (1-q) for 0 ≤ q≤1 0 for q ≥ 1 and assuming three…
A: Given information Three producers = i,j,k Demand condition f(q)=1-q when 0=<q<=1 q=0 when…
Q: Fiscal policy involves increases or decreases in Multiple Choice O interest rates. the money supply.…
A: Fiscal policy basically refers to the use of government spending and taxation to influence the…
Q: 1. Use the assignment method to determine the best way to assign workers to jobs, given the…
A: Introduction For profit maximization, convert it into minimization problem by subtracting all the…
Q: 2 3.- Once a monopolist chooses their profit-maximizing level of output, they use the to find the…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: If the reserve ratio is 12.5%, the deposit multiplier is: Select an answer and submit. For keyboard…
A: The money multiplier is a measure of change in total money supply because of a change in the…
Q: Year: 2021 Value added of agriculture, fishery and forestry sector Value added of industry sector…
A: Given information table
Q: William purchased a universal life policy on his own life. When his son Ben turned 25, William…
A: Answer - Taxable Income:- The total income generated by an individual or a firm . If the total…
Q: 30 23 20 15 220 12 Price MC 15 ATC D 0 9 12 Quantity \MR Refer to Figure above. A profit-maximizing…
A: In a monopoly, marginal revenue lies below the demand curve because the seller has to decrease the…
Q: The Shell Corporation has a 34% tax rate and owns a piece of petroleum-drilling equipment that costs…
A: iven information First cost=$119000 Annual revenue=$33100 Salvage value=$31600 CCA rate=30% Tax…
Q: Monetary union, in comparison to dollarization, means that Multiple Choice countries forgo…
A: A multilateral agreement among numerous countries to create a unified currency. Monetary unions have…
Q: Will the monopolist produce an output level that is technically efficient?
A: The effectiveness with which a given set of inputs is utilised to produce an output is known as…
Q: Education determines the skill of the worker. High-skilled workers _______ compared to low-skilled…
A: The demand and supply of labor are determined in the labor market. Workers supply labor to firms in…
Q: Both the federal government and individual colleges typically use needs analysis, which considers…
A: According to the question, Line A refer to the total adjusted gross income reported on a tax return…
Q: Explain 'motherhood wage penalty'
A: Despite the growing importance of female employment around the world, there have been few attempts…
Q: Which of the following statements is true of a flexible exchange rate system? O A. Market forces…
A: A floating or flexible exchange rate is determined by the free forces of demand and supply of…
Q: Prospect Z = ($7 , 0.25 ; $19 , 0.50 ; $26 , 0.25) If Anna's utility of wealth function is given by…
A: Prospect Z = ($7 , 0.25 ; $19 , 0.50 ; $26 , 0.25) and Anna's utility of wealth function is given by…
Q: Assume that the comparative-cost ratios of two products-baby formula and tuna fish-are as follows in…
A:
Q: Q4. Suppose that the economy is characterized by the following behavioral equations: C = 160+ 0.6YD…
A: Here, information about consumption, investment, government spending, and taxes is given for a…
Q: price levels. Assume that this effect is independent of the price level, that is, the AD curve has a…
A: The correct answer is given in the second step.
Q: Write about the stages of building an economic model (econometrics methodology
A: The quantitative application of statistical conclusions, economic theory, and mathematical models to…
Q: Derek and Maria are now trying to predict how much money they will raise for their club from the car…
A: Profit = Total Revenue - Total Cost r(x) = 10x + 50 c(x) = 0.5x + 220 Profit = P(x) = r(x) - c(x)
Q: ENGINE (7) A local store sells a 60" Full HD plasma TV for $30 per week to be paid in 24 months. If…
A: An effective annual interest rate is the real return on a savings account or any interest-paying…
Q: Merger between a firm that provides a consumption good and its raw material supplier Market sharing…
A: Market: The exchange of products and services that occurs as a consequence of buyers and sellers…
Q: SCENARIO 3 Two samples each of size 25 are taken from independent populations assumed to be normally…
A:
Q: Prospect Y = ($10, 0.25 ; $13, 0.75) If Will's utility of wealth function is given by u(x)=x0.25,…
A: Prospect Y = ($10, 0.25 ; $13, 0.75) And Will's utility of wealth function is given by u(x)=x0.25
Q: If a firm spends $200 to produce 20 units of output and spends $400 to produce 40 units of output,…
A: Marginal cost is the additional cost incurred to produce an additional unit of output
Q: Assume you are examining the economy of India. Assume the Indian economy is initially in…
A: The measure that depicts the final value of goods and services during a specified period of time is…
Q: Transactions on a debit card can't affect your credit history. O True O False
A: Answer :- True Transactions on a debit card can't affect your credit history. The…
Q: cond degree price discrimination is the same as none of the other answers are correct. personalized…
A: The price discrimination is followed by the monopoly firm. The second degree price discrimination…
Q: A cartel can be formed as a tacit collusion when: none of the other answers are correct. firms…
A: Tacit Collusion : The situation of tacit collusion cartel can be defined as when the competitors do…
Q: 16. Suppose there are two manufacturers A and B in the society, and each manufacturer will produce…
A: Answer -
Q: In an Open Access equilibrium of fishers maximizing their profits, new fishers will continue to…
A: an Open Access equilibrium of fishers maximizing is considered as an competitive market.
Q: GMA will be visiting an automobile plant. It was decided by the plant management that they must…
A: Boysen Cost of Paint = 70 per gallon Covers = 350sq. ft per gallon time period = 5 years applied…
Q: Water rescue situation Determine what should be done first and last as well as the available…
A: Water rescue is any episode that includes the expulsion of casualties from any waterway other than a…
Q: b. Suppose market demand is Qº= 1,000-40P. Solve for output per firm (Q), the long-run competitive…
A:
Q: The figure below shows the hypothetical domestic supply and demand for baseball caps in the country…
A:
Q: Will a profit-maximizing firm in a competitive market ever produce a positive level of output in the…
A: The change in total cost to change in output is known as marginal cost. The marginal cost is the…
Q: In the market for reserves, if the Federal Reserve Bank increases the required reserve ratio, this…
A: Required reserve ratio:- A required reserve ratio can be explained as the percentage of assets which…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- As part of the response to the Covid-19 virus, the Federal government passed a 2 Trillion-dollar bill. This increase in spending must result in which of the following? lower future taxes higher government spending some combination of lower future government spending and higher future taxes all available are true two of the available are trueAn economist who favors smaller government would recommend: tax cuts during recession and reductions in government spending during expansionary periods. tax increases during recession and tax cuts during inflation. tax cuts during recession and tax increases during inflation. increases in government spending during recession and tax increases during inflationA simultaneous increase in taxes and increase in government spending would result to the following:
- Aggregate private consumption expenditure is sensitive to temporary tax changes. Is the statement true, false or uncertain based on economics concepts and theory?propose 3 solution that you think might assist policymaker and internal or external stakeholder to recover the economy due to the covid-19 pandemic.Propose THREE solutions that you think might assist policymakers and internal or external stakeholders to recover the economy due to the COVID-19 pandemic.
- An economist who believes the economy is self-regulating is more likely to advocate laissez-faire than an economist who believes the economy is inherently unstable. Do you agree or disagree, explain your answer using appropriate diagrams.Fiscal stance refers toAn economist who believes the economy is self-regulating is more likely to advocate laissez-faire than an economist who believes the economy is inherently unstable. Do you agree or disagree, explain your answer using appropriate diagram
- Pundits have stated that the recent tax cut mainly benefits companies. The benefit to companies can also spillover to consumers in several ways. Which of the following actions as a result of the tax cut will benefit consumers? tax cut results in more investment expenditures by firms tax cuts raise stock market values tax cuts result in an increase in the capital stock all of the aboveThe budget can be seen as a contract of presidential and congressional promises to supply funds for programs citizens desire? True or falseA. Expansionary fiscal policy encourages the increase in tax rates. B. Economic growth means economic development What is the right answer A. First statement is true second is false B. First statement is false second is trueC. Both statements are trueD. Both statements are false
