IS Keyneslan Economics? detailed answer

Q: Which of the following are reasons that market prices might not reflect true social costs? O Monopol...

A: As we know that market price is determined by the market forces of demand and supply and it's intera...

Q: 7. One of the key economic principles is competition or choice. For this short paper assignment, de...

A: Please find the answer below.

Q: The market for drones is perfectly competitive. Labor is the only variable input. The fixed cost is ...

A: The demand and supply of the labor determines the equilibrium wage rate and quantity of labor. The e...

Q: substitution effect: Suppose the price of sausage doubles, the substitution effect will lead her to ...

A: Consumers choose the goods according to the price and their budget constraint, if the price of goods...

Q: Firm w fillonwing production function 3/4 wil r=3 1 Derive Cost functin if wil 8 re3 run Supply if R...

A: Given  Production function: q(L,K)=L1/4K3/4               ... (1) Price of labor w=1  Price of capit...

Q: what is Circular flow of production units?

A: circular flow model Lets understand this concept with an example:- In this circular flow model ther...

Q: For the United Arab Emirates economy what are the: a)Health risks (tobacco use, high blood pressure...

A:  Disclaimer -“Since you have asked multiple question, we will solve the first 3 parts of question fo...

Q: Question 19 relies on the following information: Vendors L and R sell a homogenous output at prices ...

A: Introduction Values of two vendors L and R has given. Value of vendor L is V = 10 - PL - 4ti here t ...

Q: 2.If, in the formal work sector, the unemployment rate is 20%, and the wage is $10/hour, what is the...

A: Answer -  

Q: Which of the following is a FALSE statement regarding a Perfect Competition market?        There ar...

A: Characteristics of a Perfectly Competitive market: 1) Large number of buyers and sellers: There are ...

Q: A local economy's market demand for drones is given by QD = 24 – 4P while is given by QS = 8P. or th...

A: The equilibrium is established where the demand and supply forces are equal. The price prevailing at...

Q: A farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat int...

A: (a). GDP is the monetary value of those goods and services that are consumed by the final consumer, ...

Q: 12. If _____ is rising, it likely means that the economy is shrinking. A. consumer spending B. nomin...

A: GDP is the value of final goods and services produced in the economy within a given period of time  

Q: Imagine that you lease an apartment for $900 a month. The market price for that apartment has increa...

A: Equilibrium Price Equilibrium price refers to a price level at which market demand is equal to the m...

Q: A firm earns economic profit when total profit exceeds

A: To find : When firm book profit

Q: Identify the returns to scale (increasing, constant, or decreasing) for the following production fun...

A:

Q: estion Explain the difference between the terms 'hypotheses" and 'theories'.

A: A proposed explanation for an observable occurrence is referred to as a scientific hypothesis. To pu...

Q: Should a firm shut down immediately if it is making losses?

A: A firm making losses means it's revenues generated are lesser than the total cost incurred by the fi...

Q: A local economy's market demand for drones is given by Q" = 24 - 4P while supply is given by Q° - 8P...

A: Conducting international trade implies involving in the export and import activities. The export and...

Q: hy will losses for firms in a perfectly competitive industry tend to vanish in the long run?

A: In the long run two conditions need to be fulfilled for market equilibrium in perfectly competitive ...

Q: Your grandparents decide they would like to put aside money to help support each of their grandchild...

A: Grandparents want to give $18000 to their grandchild on the 18th birthday of the grandchild. That me...

Q: Suppose that the following utility function is given U(X, Y) = -X¯1+Y¯1. Which of the following corr...

A:

Q: 1. The following model is a simplified version of the multiple regression model used by Biddle and H...

A:

Q: Cisco, Inc., has a proposal from the Engineering Planning Division to invest Cisco retained earnings...

A: Present Worth: 4,400,000 + 2,900,0001.18+ 108,4421.111 P= 4,400,000+1352871.40261+38008.2594476P= 57...

Q: he policies of OPEC+ have nothing to do with the surge in crude prices, two sources in the group sai...

A: OPEC which is a oil exporting petroleum countries is a Big cartel which make decision about Producti...

Q: Instructions: Fill - up the vacant table. Given is as follows: Week Sales ( $1,000) Four-week Moving...

A: Introduction Sales of 9 week has given. 4 moving average has calculated as = add the sales of previo...

Q: The economy is growing at a healthy rate. Nominal GDP is expected to grow by 4 percent this year. Ho...

A: Nominal GDP refers to the value of goods and services measured at current year prices.

Q: In 1845 French economist Frederic Bastiat wrote his satire, "Petition of the Candlemakers," which ca...

A: The "Candle Maker's Petition" is a satire of protectionist tariffs, written the by great French econ...

Q: What do you mean by Circular flow of physical goods and money income?

A: "The circular flow of physical goods and money income refers to the flow of money and goods among th...

Q: Suppose that the following Cobb-Douglas utility function is given U(X,Y) = X³y/2, Which of the follo...

A: Marginal rate of substitution refers to the ratio of marginal utility of two goods.

Q: Suppose that the equilibrium real overnight interest rate is 1 percent and the target rate of inflat...

A: The inflation rate is the percentage change in the consumer price index of the current year to the c...

Q: How does the FDS face the problem

A: The Food and Drug Administration is a federal agency in the United States that oversees the food and...

Q: You are given the following information about an economy:                                           ...

A: Solution(1) Disposable Income = Personal Income - Direct Taxes + Transfer Payments Personal Income: ...

Q: Given the production function q = 1.37LK, what is the marginal product of labor? A) 1.37 B) 0 C) 1.3...

A: Marginal product of labor is the additional output produced by employing an additional worker 

Q: Biomass Power Plant uses biodegradable wastes as Tuel to produc electricity. The cost A dollars per ...

A: We have given the cost function of the production of electricity as A=12+0.3B+0.27B2.               ...

Q: Which of the following is NOT TRUE about Financial Intermediaries? * A. Financial Intermediaries are...

A: Financial markets (such as those in which stocks or bonds are traded), securities (from bank CDs to ...

Q: Contractionary fiscal policies do not necessarily decrease a country's debt-to-GDP ratio because O a...

A: When talking about debt-to-GDP ratio, it is the economic measurement of total borrowings of the gove...

Q: The PH debt as of today amounts to 12 trillion. This balloons with an interest rate of 0.16% yearly....

A: Introduction Total amount of debt is 12 trillion. So 12 trillion in dollars will be 12,000,000,000,0...

Q: Draw the graph for the firm (include ATV, AVC, MC, and MR curves) 2. At this output of Q = 100, cal...

A: A perfectly competitive firm is a price taker and can sell any quantity of the commodity at the mark...

Q: Which of the following is a tool of the Federal Reserve’s monetary policy?   Group of answer choic...

A: The policy through which the central bank of the nation takes action for influencing the amount of c...

Q: Analytical problems 12 Faustian health economics. Consider Figure 11.10, which shows the locus of fe...

A: Dear Student, as you have posted multiple sub-parts in a question but according to our policies and ...

Q: Distinguish the difference between nominal GDP and real GDP

A: GDP (gross domestic product) is the total value of goods & services manufactured in an economy d...

Q: Suppose that the University of Alabama and Clemson are making spending decisions for theupcoming yea...

A:   Meaning of Decision Theory under Nash Equilibrium: The term decision theory refers to the situatio...

Q: 5. How can the high rate of return available in modern financial markets discourage businesses from ...

A: Introduction The hazard-go back tradeoff is a buying and selling law that combines extreme risk with...

Q: If company A has production function f(k)=3k1/3; company B has f(k)=6k1/2; suppose new machines can ...

A: Steady state condition is achieved at the point where the investment equals capital requirement at t...

Q: Define intrapreneurship and give three notable ventures where this has been practiced.

A: Intraprenuership The word intrapreneurship refers to a structure that enables an employee to functio...

Q: How many years will it take for an investment to double if the interest rate is 5%?   a 33   b 12   ...

A: To find the number of years taken to double an amount, compound interest method can be used.

Q: profit? MC Y00 ATC 300 D-MR 200 leo 20 30

A: here we calculate the firms profit by the following method as follow;

Q: Your company operates in a perfectly competitive market. You have been told that advertising can hel...

A: In perfectly competitive market there are many buyers and sellers and the goods are identical.

Q: Drawing on John Rawls’s concept of the veil of ignorance, develop an ethical code that will (a) guid...

A: