Q: Question 1b Explain the process of a company altering its share capital and reducieg share capital.
A: Alteration of Share Capital:- The corporation can change its capital by issuing more shares in the…
Q: 1. Complete the Table 1 (below) by calculating: Marginal Cost (Column I: Total Revenue (Column V:…
A:
Q: Consider the two-period credit market model and a consumer who is a borrower initially. Explain the…
A: A consumer departs from its present consumption in order to attain higher consumption level in…
Q: In ethical terms, externalities must be recognized as costs of production for the following (s):…
A: A side effect of an industrial operation, is known as a production externality. Externalities in…
Q: 2. Suppose that the demand curve for cigarettes is given by y(p) = 50 - P and the supply curve is…
A: y(p)=50-P y(p)=P
Q: Risky Prospect Y is defined as: Y = ($7,0.25 ; $12,0.50; $25,0.25) What is the expected value of…
A: Answer; The expected value of Prospect Y is 14.
Q: 2. Suppose the duopolists producing homogeneous products face the following market demand curve…
A: Given: P=80-Q whereQ=Q1+Q2AndTC1=20Q1 and TC2=10Q1
Q: The town of Springfield has two residents: Homer and Bart. The town currently funds its fire…
A: Utility function can be defined as the measure for a group of goods and services preferred by…
Q: Question 6 Table 4-1 below shows the relationships between labor and output for XYZ Inc. Output by…
A: "Total Output indicate the total volume or amount of final output produced by a firm using given…
Q: Gendered Economic Geography mainly focuses on the gendered nature of the workforce, emphasizing how…
A: Gender equality would mean treating males and females same, as women also had right to be part of…
Q: Which of the following is true in the short run? Question 15 options: at least one factor of…
A: Variable factors are those factors which tend to change as output changes. Fixed factors refer to…
Q: which best characterizes the reason why electricity was deregulated a) new technology b) x…
A: Energy deregulation is the rebuilding of the current energy market and looks to forestall energy…
Q: Back in the 1980s, the Ronald Reagan Administration reduced corporate taxes, which many economists…
A: Answer: Supply-side economists advocate that the growth rate can be increased by changing…
Q: Problem 7- Accounting and Engineering Economics- Balance Sheet Describe what a Balance Sheet is and…
A: Fixed Asset = 50 mn Current Asset = 20 mn Current and long term liability = 1mn
Q: Question 3 A firm's cost function is given by c(Q) = 450 + 2Q2. Thus, MC(Q) = , AC(Q) = Average…
A: Answer; Answer MC= 4 Q AC = 450/Q+ 2 Q Average cost are minimised when Q is equal to 15 Average…
Q: Suppose Spectrum is the only cable TV provider in a city. The table below shows the market demand…
A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…
Q: Which of the following is an example of a Variable Cost? A. an employee who makes $40,000 a year B.…
A: Fixed cost is the cost that remain same at all levels of output. Variable cost is the cost the…
Q: What are the Definition of Globalization in communication and Education and their examples?
A: Communication basically refers to the process of bringing individuals together to organize them in…
Q: The U.S. gross federal debt was $5,674.2 in 2010 and $14,025.2 billion in 2020. The GDP was $9,872.9…
A: Answer;
Q: Assume that an open economy with a floating exchange rate is described by the equations:
A:
Q: Electric and water utilities are examples of firms that are monopolistically competitive. O True O…
A: Answer (15): Electric and water utilities are examples of monopoly markets. Since these require…
Q: The first cost of a pipe forming machine is Php 1,000,000.00. It can produce 10,000 pipes during its…
A: Answer; a. Fixed cost per piece of pipe:15 b. Variable cost per piece of pipe:51 c. Total…
Q: Which of the following is NOT a reason why middle-income countries in the east have experienced…
A: In the international market, middle income countries generally have potential to grow relatively…
Q: 7) Assume that a $1.00 increase in exports increases GDP by $3.00, and å income increases import…
A: Given information: A $1 increase in exports will increase GDP by $3, and a $1 increase in income…
Q: A person has 80,000 in a savings account that earns interest at 7% per year, compounded annually. If…
A: Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate 80,000=12000[1-(1.075)^-time…
Q: e effects of rent controls in San Francisco w to regulate industrial pollution w the Fed can…
A: Macroeconomics alludes to the investigation of an economy - normally a country's economy - overall.
Q: the most important function of money is 'store of value' Question 17 options: True False
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Ron Paul, a former member of Congress, believes that our central bank has benefited the U.S.…
A: The Federal Reserve in the U.S was created on 23rd December 1913. It is the central bank of the U.S.…
Q: labor migration from one country to another - a) leads to international convergence of wage…
A: Labor migration occurs for a variety of causes, both economic and non-economic. The country of…
Q: Consider the following graph for question 6 and Question 7 Q, Q2 Q3 Q4 Effort `Profits 6. The graph…
A: (6) Answer :- Option (e) is correct :- Q5 Explanation :- Open-access…
Q: A capability that is easy to imitate may provide a sustained competitive advantage if: Group of…
A: The Competitive advantage alludes to factors that permit an organization to deliver labor and…
Q: oved on trade among membe h nation retains its own barrier ith non-members. preferential trade…
A: There are a few phases during the time spent economic integration, from an exceptionally free…
Q: Assume that an open economy with a floating exchange rate is described by the equations: C =…
A: The measure that depicts the value of one currency being measured in terms of another currency in…
Q: lease do fast ASAP
A: A customer is a person who consumes goods and services at a given price. It means the customer buys…
Q: Supposé U.S. interest rates are poised to increase and the yen per dollar exchange rate is currently…
A: The equilibrium exchange rate is the drawn out exchange rate that approaches the PPP of a money in…
Q: computer producers. Hence, they decide to impose a 30% tariff (a tax on imports) on imported…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first two subparts question…
Q: [11] The invention of coins made the use of in exchanges less common. O gold and silver money O…
A: A piece of metal that was being used as a form of money with a number depicting its value along with…
Q: Need correct answer. what are the basic tenets of Saudi Arabia's foreign policy ?
A: Introduction Foreign policy decisions in Saudi Arabia are made in secret by a small group with no…
Q: Behavioral economics and its emphasis on the irrationality of consumers/markets is most closely…
A: The Behavioral Economics and it's emphasis on the irrationality of consumers/markets is most closely…
Q: MC ATC 10 20 90 40 50 60 70 80 Refer to the following Exhibit: Quantity If this firm is perfectly…
A: In perfect competition, there exist many firms in the market.
Q: Define the policy of quantitative easing. Is this a policy that is consistent with the underlying…
A: Quantitative easing is a sort of monetary policy that is utilized by the central banks of various…
Q: In year 1, velocity is 6, real output is 10,000, and M is 20,000 what would the price level be? If M…
A: Inflation is defined as an increase in the price of goods and services across a country's economy.…
Q: Most economists believe that only part of the gap between the wages of white males and the wages of…
A: Note: We will answer the first question as the exact one was not specified. Please resubmit a new…
Q: QUESTION 11 Assuming that all the original predictions are correct ($75,000 revenue/year, Salvage…
A: Given that; A new machine is to be purchased for $200,000. It is believed that it will generate…
Q: An initial $2000 investment is made that returns profits of $1000 and 1500 in the first and second…
A: Given: Initial investment=$2000 Profits: 1st year: $1000 2nd year: $1500
Q: It is desired to determine the present economic value of an old machine by considering of how it…
A: Given, Out of Pocket cost of Old Machine is : P85,000 for 4 yearsIt is scrapped for P5,000New…
Q: 1) If nominal GDP is $7636.0 billion and the GDP deflator is 130.2, then what is real GDP? 2) If the…
A: Nominal GDP is the GDP which is calculated without taking into the effect of inflation rate. Also…
Q: 1. Identify 4 major causes of channel of distribution conflicts. Give an example of each. 2. What is…
A: Channel conflict occurs when manufacturers (brands) dis intermediate their channel partners, such as…
Q: What is the Definition of Local and Global communication in multicultural settings and their…
A: The term "multicultural" refers to anything that integrates ideas, beliefs, or individuals from a…
Q: A monopolist operate in a market with demand curve Q=62-0.25P and no fixed costs of production. MC=…
A: A monopolist maximized profit where MR=MC. MR = dTR/dQ TR = Price*Quantity MC = dTC/dQ
Step by step
Solved in 2 steps
- Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on roads and bridges. What are both the short-term and long—term impacts of such policies on the economy?Suppose equilibrium GDP is less than full-employment output and the economy is in a recession. What are the appropriate fiscal policies that would take the economy to full employment level? A) Increase Taxes B) Decrease governmnet spending C) Lower transfer payments D) Decrease TaxesEqual increases in government spending andtaxes willa. cancel each other out so that the equilibriumlevel of real GDP remains unchanged.b. lead to an equal decrease in the equilibriumlevel of real GDP.c. lead to an equal increase in the equilibriumlevel of real GDP.d. lead to an increase in the equilibrium levelof real GDP output that is larger than theinitial change in government spendingand taxes.
- consumers increased consumption by a relatively small amount in 2008 and 2009 because thet believe the tax cuts temporary. true or falseC = 450 + 0.4Y I = 350G = 150X = 70Z = 35 + 0.1Y T = 0.15YYf = 1550Calculate the tax revenue to the government of this country when the economy (2) remains in equilibrium.Calculate what the new equilibrium income should be if the government of this (6) country decides to cancel all taxes, implying the tax rate would now be 0%.Before the government decreased the tax rate, how much of government spending was required to bring the economy to full employment?If the marginal propensity to consume is 0.75, byhow much would government spending have to rise toincrease output by $1,000 billion? By how muchwould taxes need to decrease to increase output by$1,000 billion?
- Suppose actual real GDP is $13.19 trillion, potential real GDP is $12.96 trillion, the marginal propensity to consume is 0.75, and that the government has a balanced budget. If we ignore price effects, by how many trillions of dollars should the government change its spending to fix the gap while keeping the federal budget balanced? (Round this to two digits after the decimal and enter this value as either a positive value or a negative value without the dollar sign.)Suppose the government decides to decrease taxes in an effort toincrease consumer spending and investment in the economy.(a) Will this plan succeed in accomplishing both goals?(b) In equilibrium, what happens to interest rates as a result of this action?(c) Would you characterize this as a case of fiscal crowding out? Explain.Suppose there were an increase in Government spending of $100 billion. The MPC is 75 andthe tax rate is 2. No. imports a. What is the net impact on the economy if the crowding out effect is equal to $20 billion?b. What if the crowding out effect is $60 billion7c. Which of the two scenarios corresponds to the reaction of an economy which is closer to fullemployment? Explain
- (a) Assume Consumption (C) is given by the equation C = 500 + 0.6(Y – T). Taxes (T) are equal to 600. Government spending is equal to 1,000. Investment is given by the equation I = 2,160 – 100r, where r = the real interest rate = 13 percent. In this case, what is the equilibrium Gross Domestic Product (GDP)/Total output (Y)/Total income? How does the equilibrium income change if government designs and executes expansionary fiscal policy? Show graphically and mathematically.Suppose a closed economy with no government spending which in equilibrium is producing an output and income of 2500. Suppose also that the marginal propensity to consume is 0.80, and that, if at full employment, the economy would produce an output and income of 3900 By how much would the government need to cut taxes (T) to bring the economy to full employment?Suppose that the economy is in a recession as a result of a fall in investment spending and real GDP is below potential GDP. (a) Illustrate this on an aggregate demand in ation diagram. (b) When real GDP falls, what happens to tax revenue, government spending, and the budget balance? (c) If a balanced budget amendment were in place, what would have to happen to government spending and/or taxes? Illustrate on the diagram. (d) Is it wise to allow the government to run a de cit during a recession and a surplus during an expansion?
