Q: If the inflation rate is 3% per year, how many years will it take for the cost of an item to double,...
A: Given:Inflation Rate=3% per year
Q: Which of the following represents the domestic demand for goods? OC+1+ G- IM/ɛ O C+I+ G+ X + ɛlM O C...
A: The aggregate supply is the total amount of services and commodities that firms in an economic plan ...
Q: How do the purpose and structure of the executive and legislative branches of governments affect the...
A: To find : Purpose and structure of executive and legislature branches of government affects power of...
Q: Assume the following supply and demand curves: Q,1)=100 – w(1) Q,(1) =-w(t-1) where Q„(t)= the quant...
A: The equilibrium is set up where the demand and supply are equal. The current supply here depends on ...
Q: Consider two neighboring island countries called Bellissima and Dolorium. They each have 4 million l...
A: We have given Country Jeans (Pairs per hour of labor ) Rye (Bushels per hour of labor) Belliss...
Q: Disjoint and overlapping constraints are two different types of rules.
A: The process of extracting shared attributes from two or more classes and integrating them into a gen...
Q: When Germany exports Mercedes Benz to the United States and the United States exports Hummers to Ger...
A: Here in the given question both the countries are importer and exporter at the same.
Q: HOW WILL YOU DECIDE ON WHO WILL GET A COMMODITY OF MILK BASED ON THE CHARACTERISTICS AND ROLES OF 3 ...
A: An economic system is a way for governments or communities to distribute and organise resources, goo...
Q: Question: What are the equations for measuring return and risk?
A: Return and risk help us choose which investments to undertake. Returns are calculated based on the i...
Q: Q)Discuss some empirical evidence on the importance of monopsony in affecting wages and inequality. ...
A:
Q: The first year Jeff paid for a membership at his gym, the fee was $440.00. He renewed his membership...
A: Here, it is given that Jeff paid his membership fees three times and nominal value changes everytime...
Q: What is the likely impact on equilibrium price and quantity in the mock meat market? Describe which ...
A:
Q: Question 38 I Long-term bonds are generally A less risky than short-term bonds and so pay higher int...
A: Long term generally refers to a period of maturity which lies between 10 years to 30 years.
Q: 1. Buyer Seller Relationship 2. Business Competition 3. New Business Venture
A: 1 Buyer Seller Relationship It is the buyer and the seller relationship in between the commitment an...
Q: 20 (in tons) 18 20 (in tons) 18+ 16 16 14 14 12 12 10- 10 2. +++ 2468 10 12 14 16 18 20 Psh (te ) 24...
A: Production possibility frontier shows different combinations of two goods that can be produced by an...
Q: In early 2019, the Powerball lottery was advertised as having a payoff of $750,000,000. The winner w...
A: Present value (PV) is the current value of a future amount of cash or stream of incomes given a pred...
Q: Assuming that your firm is considering investment in a new project with the cash flows shown below. ...
A: Time CF Discount factor @10% Present value 0 - 3500 0.909 - 3500 1 1200 0.826 991.2 2 1350 0....
Q: Question One @ Zabron has preferences > for Champagne (good 1) and Wine (good 2) defined by: (*, x2)...
A: Without loss of generality we assume that x1<x2 and z1<z2 for the entire problem. i. From the ...
Q: Assume i=0%, beta=1. Consumer has income of 80 in year 1, 100 in year 2. Now suppose gov't gives c...
A: Given information beta=1 i=0% Income in period 1=80 Income in period 2=100 Government gives free ch...
Q: Please try to solve it in 20 minute How much money would you pay in interest if you borrowed $1,600 ...
A: Compound Interest - It is the interest which is charged over principal and also charged in addition ...
Q: Real GDP is better than nominal GDP if a. we want to measure the decline in wages. b. we want to...
A: GDP or Gross Domestic Product refers to the final value of total goods and services produced in an e...
Q: d used to run a newsstand, but he's out of the business now. Todd started by selling local wspapers ...
A: 18. According to the paragraph above, When Todd started his business, most of his costs were fixed. ...
Q: The Federal Reserve has announced that they are cutting interest rates for the third time this year....
A: When the Federal Reserve cuts rates, this refers to a decision by the FOMC to reduce the federal fu...
Q: Three buyers want to purchase a used fridge. Their willingness-to-pay for a fridge is: • Frankie $10...
A: Here, it is given that a market for used fridge has three buyers and two sellers, whose willingness ...
Q: Would independent trucking fit the characteristics of a perfectly competitive industry?
A: The market is a location where the transaction of services and commodities takes place. It is import...
Q: 3. Suppose the individual has a utility function In(c) where c is consumption and In(-) is the natur...
A: Expected Utility: It is the weighted average of all possible outcomes under various circumstances. ...
Q: what are the two main critics of rainfall insurance in developing countries?
A: Rainfall insurance plays a significant role in the development of the agriculture sector in an econo...
Q: Suppose that coconuts and bananas are complements in consumption. Suppose further that the price of ...
A: here we find the answer of the given question as follow;
Q: In the IS/LM model, the fiscal policy multiplier with respect to interest rates is (α corresponds to...
A: The correct answer is given in the second step.
Q: According to Keynes’ Law... A) The total demand for products determine the level of gross domestic ...
A: According to Keynes’ Law.. The correct option is: option (A) The total demand for products determine...
Q: House Bill 1035, what are the scope, prohibitions, and punishments?
A: To find : Scope, prohibition and punishment for house bill 1035
Q: Because of automatic stabilisers, the government budget will tend toward deficit during a...
A: Automatic stabilizers are a type of fiscal policy used by the government to stabilize the economic c...
Q: The loan was made 3 years and 4 months at 6% simple interest. The principal interest amount of the l...
A: We have been given the following information. Time (t) = 3 years and 4 monthst = 3 + (4/12) yearst =...
Q: Poly-Chem Plastics is considering two types of injection molding machines: hydraulic and electric. T...
A: Given information 2 types of injection molding Machine HP machine First cost=$630000 Annual cost=$20...
Q: Peter Scents has been given two competing offers for short-term financing. Both offers are for borro...
A: A loan can be taken as either a discount loan or an interest-payment loan where discount loan provid...
Q: Your mother's annual salary back in 2000, the base year, was 180.000 dirhams. Iit in 2021, her annua...
A: CPI in year 2021=Annual Salary in real terms in year 2021Annual salary in year 2000×100 ...
Q: The Demand for Beef. For each scenario draw a general demand curve and label it D. Then shift the cu...
A: "Since you have posted a question with multiple subparts, we will solve the first three subparts for...
Q: Number unemployed 1,000,000 1,500,000 2,50 a. Define labor force. For each year find the labor force...
A: The labour force participation rate is the measure to evaluate working-age population in an economy....
Q: If money demand becomes less sensitive to interest rate changes, the LM curve will shift to th...
A: Money demand is equal to L = kY - hi where, L is money demand k measures the responsiveness of mone...
Q: A deductible reduces ________ in exactly the same way as ________. Question 10 options: a) m...
A: When talking about deductibles, it is the amount of money that an individual pays in advance to get ...
Q: Why is it helpful to track your spending for 2 months? a. You can receive higher interest rates for ...
A: As an individual who make expenditure on different goods and services according to his interest, nee...
Q: A4 Suppose that good X is traded in a competitive market. The market clearing price is $25.00 and t...
A: Price elasticity of supply = Percentage change in quantity supplied / Percentage change in price
Q: Assuming that Old Navy jeans and Gap jeans are suitable substitutes, what would happen tö the demanu...
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...
Q: Using this diagram calculate : 1) The producer surplus after change 2) The total surplus after the...
A: The amount that a producer gains from selling over the price at which they would otherwise be read...
Q: Female and Male labor force participation in the US have similar levels and have followed similar ti...
A: The labor force participation rate calculates the percentage of total working age population partici...
Q: You are given the following information about an economy: ...
A: GNP at market price = (GDP at market price - Income Payments to Foreigners + Factor Payments from Ab...
Q: All of the following shift the demand for money curve EXCEPT O a. an improvement in financial techno...
A: Introduction Money demand is a part of money market. It has downward sloping. Money demand shows the...
Q: Calculate the missing information in the table 17.1. Year Real GDP Nominal GDP GDP Deflator Price o...
A: Nominal GDP is the value of final goods and services produced and real GDP is the value of final goo...
Q: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. Ecu...
A: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. GDP...
Q: Suppose that there is a market demand and market supply curve given by P = 10 - 0.1Q and a market su...
A: Market demand curveP=10-0.1QD0.1QD=10-PQD=100-10PMarket supply curveP=2+0.001QS-0.001QS=2-P0.001QS...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 1,,In 1972 the maximum earnings of a worker subject to Social Security tax (SST) was $9,000. The maximum earnings subject to SST in 2016 is $118,500. Whatcompound annual increase has been experienced over this 44-year period of time? How does it compare with a 3% annual increase in the consumer price index over the same period of time?1) 0% 20% 25% 75% 2) never affects reduces increases
- From the data calculate the NDP at FC. Wages and salaries are 700 dollars, rent 100 dollars, depreciation $50, subsidies $100.urgent 1.10. The US Federal System is the voting method for passing a bill intolaw. It involves 100 members of the Senate, 435 members of the Houseof Representatives, the vice president, and the president, for a total of537 voters. For a bill to pass, it must have a majority in the House, amajority in the Senate, with the possibility of the vice president breakinga tie, and the signature of the President; or if the president opposes thebill, it must have a 2/3 super-majority in both the House and Senate tooverride the veto. Otherwise the bill is defeated.Think of this as a social choice function where the alternatives areA, to pass the bill, or B, to defeat the bill. Does the US federal systemsatisfy:(a) the anonymity criterion?(b) the neutrality criterion?(c) the monotonicity criterion?(d) the decisiveness criterion?(e) the near decisiveness criterion?Need answers #38 thru 42
- The population of Ectenia is 100 people:40 work full-time,20 work half- time but would prefer to work full-time,10 are looking for a job,10 would like to work out so discouraged they have given up looking,10 are not interested in working because they are full-time students,and 10 and retired.What is number of unemployed?a.10b.20c.30d.40Explain 16 correctlyA basket of goods in 2005 costs $625; the same basket of goods cost $800 in 2010.What is the percentage change in the price level between 2005 and 2010? Question 7Answer a. -21.875% b. 28% c. 55% d. 0%
- The following table pertains to an economy in which the typical consumer's basket consists of 15 bushels of peaches and 10 bushels of pecans. Refer to the table, the cost of the basket in Year 1 was a. $200 b. $225 c.$ 235 d. 212.50urgent part D E 1.10. The US Federal System is the voting method for passing a bill intolaw. It involves 100 members of the Senate, 435 members of the Houseof Representatives, the vice president, and the president, for a total of537 voters. For a bill to pass, it must have a majority in the House, amajority in the Senate, with the possibility of the vice president breakinga tie, and the signature of the President; or if the president opposes thebill, it must have a 2/3 super-majority in both the House and Senate tooverride the veto. Otherwise the bill is defeated.Think of this as a social choice function where the alternatives areA, to pass the bill, or B, to defeat the bill. Does the US federal systemsatisfy:(a) the anonymity criterion?(b) the neutrality criterion?(c) the monotonicity criterion?(d) the decisiveness criterion?(e) the near decisiveness criterion?Family Flowers employs 17 people, of whom 14 earn gross pay of $640.00 each and 3 earn gross pay of $720.00 each on a weekly basis. What is the employer's share of total social security and Medicare taxes for the first quarter of the year? (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages.)
