If a nation has high and persistent inflation, themost likely explanation isa. the central bank creating excessive amounts ofmoney.b. unions bargaining for excessively high wages.c. the government imposing excessive levels oftaxation.d. firms using their market power to enforceexcessive price hikes

Q: 10. A type of corruption where policy implementation skewed to the advantage of some is term........…

A: Corruption is an illegal activity which is strongly banned by the law.

Q: 3. Which of the following historical periods are ones where farmers borrowed money to expand when…

A: After ever incident that is after World War I, during and just after California Gold Rush and During…

Q: Human capital refers to society’s understanding of the best ways to produce goods and services.

A: ‘Human capital’ refers to the compilation of ‘skills’, ‘education’ , ‘technical’ & ‘process…

Q: Which question is an example of a microeconomic question?  A. What should the Federal government do…

A: A. What should the Federal government do to reduce the trade deficit with Japan? This one is…

Q: The Great Recession (2007 - 2009) was most likely driven by Select an answer and submit. For…

A: Great recession and the causes is complex and involve several forces. The deregulation of the…

Q: Bob wants to put on a concert in his hometown of 200 people. The cost of the concert is $1000, and…

A: Given: Totaj number of people in the town = 200 Cost of the concert = $1000 Valuation of each person…

Q: A. The RBA (Reserve Bank of Australia) is concerned about the trend since the early 2000s of a 75%…

A: Introduction Question related to the topic study of economics among students.

Q: what was the significance of the mandate of Heaven? dissscuss how it could be used to explain the…

A: The Mandate of Heaven is a Chinese political doctrine used to support the reign of the King or…

Q: 2. What methodologm in Economics will use to be able to estáb lish the theory or the framework far…

A: In economics, the primary function of the people is to make decisions on various economic activities…

Q: Do business people have a special obligation to give some of their money to charity? What famous…

A: Business ethics is a subset of applied ethics or professional ethics that looks at ethical…

Q: 5. Using money creation to pay for government spending Consider Snackistan, a hypothetical country…

A: As the money supply increases by 40% in 2017 which should cause inflation or price to rise by 40%…

Q: All of I he following topics fall wilhin lhe s ludy ofmicroeconomics EXCEPTa. the impact of…

A: Microeconomics is the study of what is likely to happen when people make decisions as a result of…

Q: a. In general, how do economists model criminal behavior, and what are some problems with it? b.…

A: Economists start by assuming that criminals are rational. For the same reason that I am an…

Q: Explain Say's Law as used in economics.

A: Say's law is one of the classical economics assumption put forward by French economist Jean Baptiste…

Q: Test- what is economics

A: Adam Smith’s Wealth definition:   According to Adam Smith, Economics is known as the science of…

Q: When Hiro buys 6 lottery tickets a weok he cannot aford to buy a candy ba

A: Price of lottery = P1 Price of candy bar = P2 Income = M = $ 18 Budget constraints  P1 X + P2 Y =…

Q: Consider Kharkeez, a hypothetical country that produces only cakes. In 2018, a cake is priced at…

A: Price Number of cakes with 300 2018 4 300/4 = 75 2019 4+4*0.2 = 4.8 300/4.8 = 62.5 = 64

Q: cture "Origins and Missions of th Reserve" Ben Bernanke agreed w dent who stated the recovery of th…

A: Tightening strategy happens when national banks raise the government subsidizes rate, and…

Q: tivity 3: Effects of Government Policies Directions: Identify the appropriate government policy…

A: "In macro-economics there are two types of policies: Fiscal Policy and Monetary Policy. Fiscal…

Q: describe the specific influences of Quesnay and the Physiocrats on Adam Smith

A: Adam Smith was a Scottish philosopher as well as an economist who was a pioneer of political…

Q: QUESTION 22 The value of land (as diannot trom human improvements to landi is oreated by nature and…

A: Here, it is given that the land will be taxed, but if it becomes a building, it will not be taxed,…

Q: In Islamic economic system the economic behaviour is governed by the Select one: O a. None of these…

A: In the Islamic economic system, economic behavior is governed by the Islamic law that is the…

Q: ges are high in poor countries because businesses are run D a. True b. False efficiently.

A: The definition of economic efficiency is the distribution or allocation of all goods and factors of…

Q: From the Microeconomices, regarding to the MRS, how they work out for Ux and Uy? For example:…

A: Marginal rate of substitution refers to willingness of given up units in order to gain some other…

Q: 2. Describe how economic policies (of the UK and the US) were changed to reflect Adam Smith and…

A: The study of economics is concerned with the activities and interactions of economic agents and the…

Q: Why might government be less capable than the market to do good?

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

Q: an the government make things worse by intervening in markets? Are there other options outside the…

A: Market interventions are measures that change or impede the market, normally done by state-run…

Q: Explain how microeconomics differs from macroeconomics. Which of the following headlines, taken from…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Activity 2 Statistics Reading The most major economic problem of our country today is the reduction…

A: A positive economic growth rate means the production of goods and services is increasing. A negative…

Q: 1,Think back to August 6, 1945. The United States has just dropped an atomic weapon on the city of…

A: Hello, thank you for the question. Since there are multiple questions posted here, only the first…

Q: UNITED STATES RESID ENTS OVER A GE 65 2. Look at the graph below. 70 65 60 55 50 45 2015 R025 2020…

A: The defense industry manufactures products for the US military. The education is provided to people…

Q: For all calculations, carry out each step to 6 decimal places, never put into % form. Final answers…

A: Location quotient of transportation=200015400Location quotient of transportation is 0.129870

Q: The Classical and Marginalist economic schools of thought a among the most important sch of thought…

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

Q: personal or Through self-ir erest of society coats and are wil at be free to pursue their own…

A: Invisible hand works in a free market, which means that in a free market, forces of demand and…

Q: What is Say’s Law?Discuss the validity of that theory for 21 century. What are the main critics…

A: Say's law indicated that supply produces its own demand. This suggests that the production unit…

Q: Which of the following scenarios involves a value judgement? a. What do prices represent in a…

A: Answer- Need to find- Which of the following scenarios involve a value Judgement  Evaluating the…

Q: 27, Charles V demanded the Pope Clement VII call a council to reform the Catholic Church and get rid…

A:

Q: Which policy would be the most cost effective?

A: Considering the given data, Value is total revenue along side costs.

Q: Managerial economics involves the application of economic theory and decision science. POONAM CHAND.…

A: The idea of managerial economics is an expansive idea liable for staffing, arranging, coordinating,…

Q: C. DISTINGUISH BETWEEN THE NEO-CLASSICAL, FREE-MARKET THEORY WITH DEPENDENCY THEORY?

A: Free market theory: It deals with the economic system which is not under the control of the…

Q: QUESTION 17 The policy problems are: OA Getting other governments to do likewise O B. Creating an…

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

Q: 41. Who gave 'Invisible Hand' theorem? (a) Robins (c) Karl Marx (b) Marshall (d) Adam Smith

A: # The concept of invisibly hand takes into consideration that no government intervention is required…

Q: 3. Managerial economics involves the application of economic theory and decision science. a. True b.…

A: Managerial economics is a study which deals with the decision making process of businesses, that…

Q: A value of a car of AED 200,000 in 2020 is NOT the same as the value of the same car of AED200,000…

A: Value of car in 2020 definitely is not the same as the value of the same car in 2010 because of the…