How does inequality affect the developing countries? (Example The Philippines)

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A: Introduction Net present value is used to analyze the project. It will help to take the decision…

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Q: Marginal revenue is the change in total revenue as

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Q: What are the disadvantages of free Enterprise capitalist economy

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A: Producer surplus is the area below price and above supply curve.  Consumer surplus is the area below…

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A: We can compute future worth with compound interest utilizing this formula: future worth = present…

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A: As per our policy, only solutions to the first three sub-parts are given here. If you want other…

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A: The rate at which one country's currency can be exchanged for another country's currency is known as…

Q: The quantity theory of money. was best explained by Fisher's book "The Purchasing Power of Money" is…

A: Quantity theory of money :- MV = PQ  Where M = money supply  V = velocity P = price  Q = real GDP

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A: Meaning of Price Elasticity of Demand: The price elasticity of demand refers to the situation…

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A: MPC is stated as marginal propensity to consume.

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Q: Which of the following are examples of common behavioral errors in decision making (multiple correct…

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A: The relationship between the total amount of output demanded (measured as real GDP) and the price…

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Q: Saving equals Group of answer choices Y - C. Y - I. Inventory changes. Y - G

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Q: How to regulate price increases in agricultural products especially during special occasions?

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Q: The macroeconomy is depicted by the graph to the right. a. Suppose that AD has changed due to higher…

A: DISCLAIMER “Since you have asked multiple questions, we will solve the first three subparts for you…

Q: Which of the following are Adam Smith's Dos?     A. Protect society from violence and invasion of…

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A: Introduction Total revenue is the multiple of price and quantities produced by the firm. The total…

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Q: An indirect tax is:     A. a tax on goods and services that we purchase   B. a tax with your name…

A: What is indirect tax.

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Q: Give an example of a good that is nonrival in consumption and nonexcludable. What do economists call…

A: Non-rival refers to those goods which the consumers do not have to compete for. The use of these…

Q: Inverse demand functions are PA = 10 - QA and PB = 5 - 0.5QB. consumer surplus of smaller demand…

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Q: Assume that the interest rate is greater than zero. Which of the following cash-inflow streams…

A: Present value is the value of investment in today's dollar.    Future value is the value of…

Q: The opportunity cost of producing another unit of butter is SUME) 14 12 +N 9+ 5+ 0 2 3 4 Butter…

A: Opportunity costs represent the potential benefits that an individual, investor, or business misses…

Q: a. Complete the following diagram. 1.) Using the line drawing tool, draw a long-run aggregate supply…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: v) Illustrate your answer to (iii) on a graph, include your indifference curve, the budget…

A: Given  Pizzas and soda is consumed in fixed proportion as 3 pieces of pizzas with 2 cups of soda.…

Q: The following equation relates spending on medical care in thousands of dollars on age in years:…

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Q: Which of the following is NOT one of the three things financial markets and institutions enable…

A: An efficient financial system is significant to a economic health of a country. Households,…

Q: Can you think of a reason why making cars safer would create negative externalities?

A: Negative externalities happen when production and consumption place external costs on non-market…

Q: Suppose that there is a temporary, but significant increase in oil prices in the economy depicted in…

A: Real GDP is a proportion of a nation's gross domestic product that has been adapted to inflation.…

Q: In five years, you want to be able to buy a new car for $30,000. If the interest rate is 3 percent a…

A: Prevent value refers to the sum of money that needs to be invested to reach a particular sum in the…