how can fiscal policy promote economic development?

Q: Differentiate between General Inflation Rate and Specific Inflation Rate?

A: Inflation is an economic event that is characterized by rising prices of goods and services in a par...

Q: When are the Projects Financed with Borrowed Funds?

A: Money is one of the vital factors of a production effort as it allows the fourth economic factor, i....

Q: Google search images and find the graphs for a perfectly competitive firm. Find the graph for short...

A: In perfectly competitive market, a firm is a price taker while the industry determines the price wit...

Q: Draw the MR, MC, AVC, ATC, Demand, supply, MC and MR for the following situations. For each of these...

A: A. The total revenue is shown by the area OP*AQ*, the total cost is shown by area OCBQ*, and the pro...

Q: Assume the following information for the United States and Mexico. The United States can produce a ...

A: The United States In USA the Barley opportunity cost are as follows 600 bushels of barley = 600 bush...

Q: A semiconductor is a key component in your laptop, cell phone, and iPod. The table providesinformati...

A: The equilibrium price of a commodity is established at the intersection of its demand and supply cur...

Q: Question 5.A   critically explains the cost of growth.

A: Economic growth is the absolute increase in the number of goods and services produced per head popul...

Q: If most people have rational expectations, how long will recessions last

A: A significant decline is whole economic activity for a particular period of time is known as recessi...

Q: the supply curve for product x is given by QxS= -340 + 10Px a. find the inverse supply curve P=     ...

A:

Q: In which cases would an organization benefit from using direct and indirect price discrimination? Do...

A: Price discrimination refers to charging different levels of prices from different groups of people f...

Q: Economic growth around the world The following table reports real income per person for several ...

A: From the given data, the country Hong Kong has the highest level of GDP in 2010, $44,070. The countr...

Q: From the data calculate the NDP at FC. Wages and salaries are 700 dollars, rent 100 dollars, depreci...

A: Given values: Wages and salaries = $700 Rent = 100 Depreciation = $50 Subsidies = $100

Q: Decide if the following statement is true or false, and explain your choice: “the advantage of monet...

A: Explanation: Rise in rates: This increases the cost of borrowing, which discourages the borrower. Fa...

Q: A semiconductor is a key component in your laptop, cell phone, and iPod. The table provides informat...

A: “Hey, since there are multiple sub-parts posted, we will answer first three subpart question.  Pleas...

Q: Trying to figure out

A: The production possibility frontier (PPF) is a curve which illustrates the varying quantities of two...

Q: 6. Use the following table to answer these questions:                                   Y           ...

A:   In the given table, the value of import is not given to calculate the marginal propensity to consu...

Q: Suppose real GDP is $5,136 billion, taxes collected by the government are $535 billion, government s...

A: The savings refers to as the level of amount remaining after all the consumption expenditure deducte...

Q: Refer to the figure below. If the firm is producing the level of output that maximizes profit, its t...

A: Answer:  To find= total variable cost at the equilibrium. Equilibrium is a point where Marginal cost...

Q: Question 1.4 and 1.5

A: 1.4) By investing money, the person is earning 5% return. Instead of investing, if the money could ...

Q: Describe the procedure of Gauging Product Cost and Price?

A: The cost of production of a good or service is the aggregate value of the investment made by a produ...

Q: 2.1.Suppose that the required reserve ratio on deposit is 20%, and the public’s currency holdings ar...

A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,...

Q: Explain with an example of the Inclusion of Risk in Investment Evaluation?

A: Risk can be included in the evaluation of an investment by measuring the degree of risk using the fo...

Q: Question 4                                                                                          ...

A: The business cycle refers to the periods of progress and decline in an economy. There are mainly fiv...

Q: Suppose real GDP is $6,182 billion, taxes collected by the government are $719 billion, government s...

A: Given  Real GDP (Y) = $6,182 billion Tax (T) = $719 billion  Government Spending (G) = $820 billion ...

Q: Discuss two uses of National Income Statistics.

A: The national income statistics is used by a country to gather data and aggregate economic activity f...

Q: A semiconductor is a key component in your laptop, cell phone, and iPod. The table provides informat...

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts f...

Q: In detail, What is one example of a non-linear cost function and explain what factors cause the non-...

A: A cost function whose graph of total cost within a relevant range is not a straight line is defined ...

Q: explain binding situation and what happens when there is zero interest rate bound.

A: Zero bound interest rate means when a interest rate cannot fall below 0% .  Bank use monetary policy...

Q: Chapter 10 3.Draw a graph representing a hypothetical economy. Carefully label the two axes, the S +...

A: Since you have not mentioned which question you require an answer for, as per our standard procedure...

Q: Question 2.A                                                                                        ...

A: Demand-pull inflation refers to a continuous increase in the price level due to an upsurge in the ag...

Q: How does the National Bureau of Economic Research (NBER), set the recession, peak and trough dates i...

A: The business cycle is the wave-like fluctuation in the economy which has mainly four stages such as ...

Q: If the production function of a firm is given by Q=K2L3  and the input prices are r=Birr 8 per unit ...

A: A rational producer seeks to maximize his/her/their output while simultaneously minimizing the cost ...

Q: Productivity Table     Soup per unit of labor Swords per unit of labor Wesley 30 25 Fezzik 10 ...

A: The correct answer is Wesley has a comparative advantage in soup and the absolute advantage in the s...

Q: The final output for a product is comprised of one unit of input from both a wholesaler and a retail...

A: Given: There is only one wholesaler but there are two retailers. The wholesaler has a marginal cost ...

Q: The NEWS magazine uses the price of a Mercedes Benz A-class to determine whether a currency is under...

A: When different countries' currencies are compared using the basket of goods approach it is called pu...

Q: Question 5.B                                                                                        ...

A:

Q: Suppose real GDP is $5,042 billion, taxes collected by the government are $534 billion, government s...

A: The policy of the government regarding taxation and government expenditure is known as the fiscal po...

Q: Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour. His friend Friday can gather 30 coc...

A: Opportunity cost of production is the cost of sacrificing the next best alternative that could have ...

Q: Question 4                                                                                          ...

A: The business cycle is said to be a series of cyclical fluctuations of economic activity expansion an...

Q: A Firms production function is given by Q=L?K +1/L when L 2 1 and K 2 1). Find out AP , MPL , MPx an...

A:

Q: The Government of Yokuku considers applying one of the following policies: a tax or a standard, in o...

A: The total social cost under the tax policy will be A+B+C. Under the tax policy, the social total co...

Q: Suppose real GDP is $5,361 billion, taxes collected by the government are $528 billion, government s...

A:  Formula:

Q: 2.2 If the commercial banks hold demand deposit of $150,000, the required reserve ratio should be __...

A: 2.2 The portion of reserves that banks need to keep with themselves as reserves from the whole depos...

Q: If nominal GNP through expenditure approach is $10000 and real GNP is $10000. Find the GNP deflator.

A: Nominal GNP = $10000 Real GNP = $10000

Q: Identify whether each of the following statements best illustrates the concept of consumer surplus, ...

A: Consumer surplus is an economic measure of consumer benefit which is received from the purchase of a...

Q: Which type of investment is called a mixed investment?

A: Investment refers to the purchase of an asset that entails greater payoff in the form of increased i...

Q: 1.4) You use RM40,000 of your own money to start a catering business. During the first year you earn...

A: 1.4) We have RM 40,000 to start a catering business. During the first year, our return on investment...

Q: Scenario 2. The demand for clean streets in a neighborhood is Q = 125 – P. For each of the following...

A: The demand for the cleans streets in a neighbourhood: Q = 125-P or P = 125 – Q Where P is the price ...