If nominal GDP is 42,000 and real GDP is 40,000 what is the GDP deflator?     A.) 1.05     B.) 200     C.) 105     D.) 112.5

Q: In these neighborhoods, Sale price of Comparable 1,2,3 are worth about $1,250,000; $1,800,000 and…

A: The selling price of a product or the service refers to the ultimate price set by the seller, i.e.,…

Q: Draw a cash flow diagram for easy understanding. a. The SK debt as of today amounts to 12 trillion.…

A: Given, As of today, the PH debt totals 12000000000000. The Philippines has a population of 110…

Q: Consider the ASAD model of a closed economy with zero ongoing inflation in the medium run. The…

A: Answer -

Q: In Agricultural Trade Agreements, three categories of distortionary policies exist, called Market…

A: Market access restrictions: Some industries are protected or subsidized at the expense of others by…

Q: Explain in detail the process of Monetary Policy transmission of an increase in the cash interest…

A: A rate of interest is the amount of interest due per period, as a proportion of the amount lent,…

Q: The following are correct statements about the Labor Market model, EXCEPT:   Question 14 options:…

A: The measure that depicts the interaction that takes place among employees and workers in the economy…

Q: t which point does the SMC curve cut the SAC curve?

A: The change in total cost per unit of change in output is known as short-run marginal cost (SMC).…

Q: The best way to present your report is? Select one or more: 0 a. Presentation is an important part…

A: In economics, report is prepared by economists when they use data to get information about specfiic…

Q: Consider a country with a flexible exchange rate, and which initially has a current account surplus…

A: Economic equilibrium is that the mixture of economic variables towards the normal economic…

Q: In the balance of payments, capital and financial account inflows might lead to future current…

A: The balance of payment account is the account to make financial and economic transactions record of…

Q: How does this concept apply to the growth trajectory of a country? Kindly explain and give examples.

A: Leontief paradox stated that US being the capital rich country was exporting labor intensive product…

Q: At which point does the SMC curve cut the SAC curve?

A: The Marginal cost is the change in the total cost when one additional unit of output is produced.…

Q: The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during…

A: Given: The total revenues are = $1,000,000 The total variable costs are = $60,000 To Find: The…

Q: Consider Robinson Crusoe who lives alone on the island. He can produce two good eggs (good X) and…

A: A production–possibility frontier (PPF) is a graphical representation of all possible output options…

Q: Recent economic reports forecast an increase in the interest rate, which likely increases…

A: Aggregate demand is affected by the change in the rate of interest. Higher rate of interest leads to…

Q: Consider a monopolist that has a constant marginal cost of 10. The demand for its product is given…

A: Monopoly is a single firm in the market producing unique good in the market.

Q: 2. A firm has a production function given by the following table: Units of Labor 1 2 3 4 5 K=1 3 8…

A: Diminishing marginal returns occur when an increase in Labor led to increasing in output at…

Q: Consider the ASAD model of a closed economy with zero ongoing inflation in the medium run. The…

A: Aggregate supply refers to the cumulative quantity of a firm's production and selling, or the real…

Q: In the balance of payments, capital and financial account inflows might lead to future current…

A: Inflow of cash in the balance of payment account implies the cash is coming inside the country,…

Q: (T/F) When price in a perfectly competitive market increased from $5 to $10, John's production…

A: A market system where all producers and consumers have full and symmetric information and there are…

Q: Explain Keynesian policy for fighting unemployment and inflation.

A: Keynesian economics explains how total expenditure affects production, employment, and inflation.…

Q: What factors and conditions influenced Wal-Mart to select the entry mode it used to enter each of…

A: Walmart entry operation in Germany Its initial debut into the German market was by the acquisition…

Q: The economy's unemployment rate is 2% and the inflation rate is 18%. The most appropriate policy for…

A: As we know that Phillips curve shows the relationship between inflation and Unemployment rate . And…

Q: wants to know what the difference is between one-to-many, many-to-many and one-to-one relationships.…

A: Any financial transaction, corporate partnership, or client representation is referred to as an…

Q: 19. Between 2010 and 2015, the population in a town was growing exponentially. Census statistics…

A: Given that the population in 2015 = 448 Also given that the population doubles every year. The…

Q: Menagerial economics & policy Mcq's 11) Marginal product is zero when                a) TP is at…

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

Q: In general, the pay level of medical doctors is higher than that of janitors. How can the difference…

A: Labor markets run on the supply and demand of labors. In economics,labor market plays an important…

Q: Why might credit ratings agencies give different credit ratings to sovereign debt issued by the same…

A:

Q: For a monopolist facing a linear demand function (P = a - bQ) for their product and a constant…

A: Given Demand equation P =a-bQ          ... (1) Marginal cost MC=c+ Excise tax=6

Q: When a firm produces 600 widgets with total cost of $1,300 and fixed cost of $800, what is the…

A: The variable cost per unit is the average variable cost.To calculate the average variable cost,…

Q: Many developing countries rely heavily on primary commodity export and suffer from export earnings…

A: In many developing nations, uncertainty regarding a country's export profits is a major cause of…

Q: Subject: Manegerial economics & policy Mcq's 15) Which of the following is an example of natural…

A: Introduction Natural Monopoly  it is defined as a type monoploy which exists or arises as a result…

Q: What is the economic mechanism assuring that the consensus mechanism works so that all miners would…

A: Economic mechanism: It is an instrument used by various companies to grow. This instrument is a…

Q: Heterogeneity and the dynamic nature of labor markets are the principal causes of frictional…

A: In the labor market, different types of unemployment is caused by the nature of the marketplace and…

Q: After the imposition of the price ceiling (and initial market equilibrium), two events took place in…

A: The imposition of a price control or value limit the value} of a decent utility is known as the…

Q: 2- If the value of the price elasticity of supply is equal to 0.11 -Es = 0.11, the slope = -0.5 and…

A: The supply is positively related to the price of good.

Q: Find the value of money (K) which can be withdrawn at the end of the 6th, 8th and 10th years, i…

A: A benefit received from every purchase or quantity of money spent has been characterized as value…

Q: You work at the Central Bank and you are in charge of forecasting the effects of possible future…

A: AD-AS Model (Aggregate demand, Aggregate supply) The overall demand in the economy is represented by…

Q: 5) The following statement about MC and AC is correct                a) "When MC is falling , AC is…

A: The measure that depicts the graphs of the costs involved in process of production being a function…

Q: Abigail, Bernard, Cornwallis, and Douglas each derive a distinct amount of utility from consuming…

A: Utility theory is a positive theory. that looks to make sense of the people's noticed way of…

Q: Japan has a flexible exchange rate system. It experienced multiple lockdowns in 2021 due to…

A: The aggregate demand curve shows the inverse relationship between price level and total quantity of…

Q: Pillar Co makes decorative candles which are made from a special organic blend of beeswax, botanical…

A: The total cost is the expenditure that is incurred in the production of goods and services. The…

Q: Consider the model of competitive insurance. Peter is a risk averse individual with the utility…

A: A individual (the Policyholder) and an insurance company enter into a binding legal contract in…

Q: you received a loan from a bank on March 12, 2013, and you are required to pay P586,875 on august…

A: Answer to the question is as follows:

Q: If so, can you provide an example of what you mean by the operational environment?

A: The term operational enviornment is used to explain different situations in different fields as it…

Q: 3. Suppose that Poland Spring has the following production function for bottled water: Q=K+10L 1/2…

A: We use the following formulas: 1) Marginal Product of Capital (MPK)= ∆Q∆K = dQdKThe marginal product…

Q: Based on the following table, how many barrels of oil is efficient? How might transaction costs…

A: Transaction costs basically refers to the costs associated with purchasing or selling a product or…

Q: Suppose a bank has $200 million in checking account deposits with no excess reserves and the…

A: Required reserves ratio is the proportion of deposits banks must hold as reserves.

Q: What do you mean by ‘Information Rent’ in contract design? If agents are boundedly self-interested…

A: The term "contract rent" refers to the rent that has been agreed upon between the landowner and the…

Q: The following equation describes the median housing price in a community in terms of amount of…

A: Upward bias is the optimistic approach and downward bias shows pessimistic approach. Estimator is…