If the number of employed workers fell to 150 million and the working-age population increased to 300 million, what would the employment-population ratio be? _____ Percent?

Q: C. Dan likes to consume x and y in "fixed proportions": twice as much of x as of y. That is, his…

A: Consumer consumes x & y in the fixed proportion. He consumes twice as much of x as of y

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A: Elasticity measures the responsiveness of quantity demanded with respect to change in price. The…

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A: GDP, gross domestic product is the value of final goods and services production in the country over…

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A: The multilateral trade and investment liberalisation is a process in which large number of countries…

Q: After specialization, suppose the two agree on a price of 7 units of good X for each unit of good Y.…

A: given that, After specilaziation, price: 7 units of good X for each unit of good Y exchange: 140…

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A: Sample range = maximum value - minimum value = 13.5 - 5.2 = 8.3

Q: 28 24 20 16 12 8 4 0 P 0 4 8 12 O a) $6, buyers Ob) $6, sellers M O c) $48, buyers d) $48, sellers…

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A: Introduction Elasticity of demand tells that how much price is responsive to the demand. Less…

Q: O e) Only (a) and (b) are true

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A: In an economy real GDP measures the value of the items and services produced in a defined time frame…

Q: 53) Which of the following statements about the ripple effects of monetary policy is FALSE? Monetary…

A: Monetary policy is a bunch of activities to control a country's general cash supply and accomplish…

Q: 13. Assuming this market is at equilibrium, what is the "producer's surplus"? a) $98 b) $49 O c) $32…

A: Equilibrium is a situation which demand and supply are equal. producer surplus is the excess of…

Q: making service calls to customer’s plants. Also, the cost for airline tickets, airport buses, car…

A: * SOLUTION :-  Given that,  The above data represents two cases  on commercial airlines and air…

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A: At the marketplace, the term return to scale is used to make economic analysis of the production…

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A: The supply of pick-up trucks increased due to major car manufacturers increasing the production of…

Q: 45. To achieve an output level that is socially acceptable, the government of Plealand has placed a…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: The era of Mercantilism trade theory was   Question 7 options:   1600-1900   1500-1800…

A: Mercantilism depends on the rule that the world's abundance was static, and subsequently, numerous…

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A: Option d is correct - the existence value. Even if an individual or group of people never uses a…

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Q: 56

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A: Deposit 15,000 today and deposit the same amount each month for the next 9 months Interest is 7%…

Q: Question 2: Suppose Tom has following perfect substitute preference. Sketch Ollowing curves (good 1…

A: U(q1 , q2 ) = q1 + 2q2  Above utility function represents perfect substitute preferences in which…

Q: Pedro, who deposited P500,000.00 today with a financial Institution M, agreed with the latter that…

A: To find the future worth after 14 months firstly we need to find monthly compounding interest rate .…

Q: If the supply price is 14 and the expected yield is 796, what is the capital's marginal efficiency

A: Given,   Prospective yield is = 796Value of supply price = 14 The capital's marginal efficiency must…

Q: QUESTION 13 Which statement best describes the increases of real consumption of goods and services?…

A: Solution: option-d will be the correct answer Explanation: Option-d will be correct. In economics…

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A: "Cross-Price elasticity of demand between two commodities indicates how responsive is the demand for…

Q: In the game theory diagram. Is it firstly okay that I use decimals? And what is the Nash equilibrium…

A: "In game theory, a payoff matrix is a matrix showing payoffs of each player's choices. It is useful…

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A: The demand and supply of any commodity is not onlu affected by its won price but also due to other…

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A: Agriculture is both the science and art of growing plants and animals for the purpose of providing…

Q: 10. Given that the U.S. government mandates the use of ethanol as a partial substitute for gasoline…

A:

Q: It takes one hour to travel from Manila to Laoag by air, but it takes 10 hours by bus. Airfare costs…

A: Opportunity cost is the cost in terms of other goods for eg: here time. We can go either by bus or…

Q: A small company heats its building and will spend $9,592 in year 1 on natural gas for this purpose.…

A: Given  Cost of natural gas in year 1 = $9592 The annual increment in the cost of natural gas is 9%…

Q: You are a policy maker who is interested in increasing tax revenues in order to reduce the Federal…

A:

Q: Given the following production cost function: TC=5+29 R1 R² +0.5 R³ TC: total cost in '00 (hundreds)…

A: Production costs are the costs a company incurs while creating a something or providing a service…

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A: The demand for labor is an economics rule derived from the demand for a firm's output. If firm's…

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A: The measure that depicts relationship between quantity of goods or services that are being demanded…

Q: 13. College Survey In a national survey conducted by the Centers for Disease Control to determine…

A: A sample is described by descriptive statistics. That is rather simple to understand. You just…

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A: There are different licensing requirements for an electrician an apprentice, journeyman or master…

Q: What is the division of labor according to the economists?

A: Division of labor can be defined as an approach of separation of process of production into a…

Q: Evaluate a combined cycle power plant on the basis of the Present Worth Method (PW) when MARR is 12…

A: Investment Cost = 12,693 Salvage Value = 3,000 Annual Operating Cost = 1000 Overhaul Cost (end of…

Q: 28 24 20 16 12 8 4 0 P 0 4 8 12 16 20 S1 04. The minimum that suppliers will accept for the 12-th…

A: supply bend, in economics matters, realistic portrayal of the connection between item cost and…

Q: Three stocks have share prices of $20, $10, and $30 with total market values of $400 million, $350…

A: Price weighted index is the average of prices of stocks. The price of stock has strong influence on…

Q: Suppose that there are two countries, X and Y, which differ in both their rates of investment and…

A: The steady state level is reached where the per capita variables such output per capita, capital…

Q: Chen's family is saving for a home renovation that they would like to pay for with cash. They would…

A: According to this question  P= $150,000 A1=10,000 i=5% per year n=15 years  We have to find the…

Q: 8. Question 8 options: Absolute cost advantage theory was proposed by--------

A: Ans. Absolute cost advantage theory explains that a country or business produces and exports goods…

Q: Evaluate a combined cycle power plant on the basis of the Present Worth Method (PW) when MARR is 12…

A: Investment Cost = 12,693 Salvage Value = 3,000 Annual Operating Cost = 1000 Overhaul Cost (end of…