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Q: Considering the Expenditure Approach of measuring GDP, what component are considered? Define and ela...

A: GDP ( Gross Domestic Product) is the value of all final goods and services produce in an economy dur...

Q: The reserve requirement is 10%. Suppose that the Fed sells $100,000 worth of U.S. government securit...

A: An instrument by which governments and companies raise money through borrowing from investors is cal...

Q: if the people passed away due to the cornia cirus what will happen to the food market?. Inficate cha...

A: Corona virus has impacted most of the countries across the world. It has no known medicine which can...

Q: 10. If money is invested at a nominal rate of interest of 8% for a period of 4yrs. (a) What is the e...

A: a) The successful interest rate aims to absorb the entire cost of borrowing. It accounts for compoun...

Q: Complete the following table.  Calculate the level of consumption and savings.

A: Marginal propensity consumption (MPC) is the change in consumer spending to the change in income lev...

Q: How do you understand cost-benefit analysis and why is it significant to conduct such before materia...

A: A cost-benefit analysis is a methodology which is being used for weighing up of decision as objectiv...

Q: In 2019. government spending is $2.9 trillion, and taxes collected are S2.0 trillion. What is the fe...

A: Answer: Given, Government spending in 2019=$2.9 trillion Tax revenue in 2019=$2.0 trillion Governmen...

Q: What do we learn about human behavior by looking at the outcomes of the Dictator Game and the Ultima...

A: In economics, economists have been studied many economic games for decades and to test the behavior ...

Q: 2. Why government can’t prints too much money? Discuss negative effects of printing too much money o...

A: If government prints too much money,then money supply would increase and demand for goods would also...

Q: Explain whether the following sentence makes Good Economic Sense: “The way to tell if a business has...

A: Monopoly: - monopoly market structure is the structure in which there is only one seller of any good...

Q: 2. Discuss any four factors that would cause an increase in demand of petroleum engineering program ...

A: Petroleum engineering, as the name indicates it is the exploration of petroleum products such as cru...

Q: Having a marginal product of labor that increases over low levels of employment is common in this si...

A: Option B) often it has to do with specialization- workers are able to divide up tasks and be more pr...

Q: Suppose that output is a function of labor and capital. Assume that labor is the variable input and ...

A: Law of diminishing marginal product states that as we increase the variable factor ( for example lab...

Q: What are public goods and discuss in detail that how National Defense is a public good?

A: There are two types of good, the one is private good and the other is public good. The private good ...

Q: identify and briefly explain the three specific funtions of money that economists identified

A: Main three primary function of money are - 1) medium of exchange - this is the most important functi...

Q: multiple choice

A: The following are the correct options for the given questions.  1. We call the condition where our w...

Q: Use the following demand schedule to determine total revenue for each possible level of sales:     P...

A: Given data: Product price: 2, 2, 2, 2, 2, 2 Quantity demanded: 0, 1, 2, 3, 4, 5  

Q: A. If a firm operating in a perfectly competitive market doubles the amount it sells, what happens t...

A: a) Firms are price taker in perfectly competitive market. So, when the firm doubles the amount it se...

Q: If you have the following information Find ? 1- The amount of flexibilityg 2- Item type 3- Economic ...

A: As the price of the good increases, from 40 to 60, the quantity demanded, also increase from 10 unit...

Q: Considering the determinants of productivity, list and explain some things thatwould tend to prohibi...

A: ​Productivity refers to the rate at which the production of goods and services takes place in a coun...

Q: Annual maintenance cost for a machine is P1500 this year and it is estimated there is an increase 10...

A: Annual maintenance cost = P1500 Yearly increase = 10%  

Q: 2500-p The demand equation for a product is found to be q where p is the price of the product in dol...

A: Given  Demand equation : q = 1/3√(2500 - p²) a. Price = $30      Formula for the price elasticity of...

Q: Suppose the economy is in recession and the monetary policymakers lower interest rates in an effort ...

A: Recession refers to a significant decline in the general level of economic activity being in a desig...

Q: Suppose First Main Street Bank, Second Republic Bank, and Third Fidelity Bank all have zero excess r...

A: Given, total deposits = $1,800,000 required reserve ratio = 25% Assets Amount Liabilities Amount ...

Q: Given the following on a closed economy.C = 40 + 0.8Yd C= consumptionI = 55 – 200r I= InvestmentG = ...

A: C = 40 + 0.8Yd I = 55 – 200r G = 20 T = 20 Ye = 400  where C= consumption I= Investment G = governme...

Q: 4. The market for fertilizer is perfectly competitive. Firms in the market are producing output but ...

A: Perfectly competitive market consist of large number of buyers and sellers, selling homogenous goods...

Q: 1. Discuss Oman and USA national plan to do reduce unemployment?

A: There are two principle methodologies for diminishing unemployment –  Request side arrangements to ...

Q: Q.1 What are the four foundation elements of supply chain management? Describe some activities withi...

A: Answer 1 Supply chain management Planning and managing all activities involved in sourcing and procu...

Q: When multinational corporations are trying to hedge exposures, which of the options is better: hedgi...

A: A Hedge is referred to as an investment which is made with an intention of reducing the adverse risk...

Q: Explain the demand, income, cross-price and supply elasticity for five (5) types of building materia...

A:  In general, the concept of normal construction can be described as the procedure of making the buil...

Q: Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000,...

A: Total cost is the total expenditure done by the producer in operating business. Total cost is the su...

Q: Suppose that Third Fidelity Bank currently has $50,000 in checkable deposits and $32,500 in outstand...

A: The central banks of countries set a minimum portion of the total deposits that the commercial banks...

Q: Name two coincident indicators used in forecasting

A: In an economy, coincident indicators refer to the measures or statistical indexes that provide infor...

Q: It is the custom for paper mills located alongside the Layzee River to discharge waste products into...

A: In the competitive market, the paper mill produces where its private marginal cost is equal to its m...

Q: Evaluate the following statement: Even if the prices of a large number of goods and services in the ...

A:   It is absolutely true to say that, "Even if the prices of a large number of goods and services in ...

Q: Use the graph below to find the value of consumer surplus and producer surplus. $15.00 S $5.00 200 W...

A: Consumer surplus is the area above the equilibrium price and below the demand curve. Area of consume...

Q: Smokers impose negative externalities on nonsmokers. Suppose the airspace in a restaurant is a resou...

A: Externality refers to the effect of some economic activity (consumption or production), associated w...

Q: How would the owner respond to the negative externality caused by smokers?

A: Extranlity is defined as an external effect on others when one consumes or produces something. 

Q: How do you think an investment in human capital will impact you and the effect it has on wages and e...

A: Human capital is a method of depicting the estimation of our abilities, ability, and labor to the ec...

Q: If the demand for money depends positively on real income and depends inversely on the nominal inter...

A: The money demand is a downward sloping curve which shows the relation between the money demand and t...

Q: Gilberto and Juanita Ivanov live in Swarthmore, PA. Juanita's father, Lorenzo, lives in Sweden. F...

A: GDP is the total value of goods and services produced by a country’s economy during a given period o...

Q: FDIS can be divided into (1) horizontal and vertical, (2) portfolio investments and Greenfield. Clas...

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts fo...

Q: Examine the graph for the price of gasoline in Figure 3-1 , on page 46. Then, using a supply-and-dem...

A: In Economics, there are various determinants of demand and supply which are believed to have an impa...

Q: What does the positive and statistically significant correlation suggest about real income per capit...

A: Per capita income is measured by dividing the total income of a nation by its total population. It r...

Q: What technology is used in the Omani forex market to support companies in hedging exchange rate risk...

A: Hedging refers to a strategy that tries to control or put a limit risk in financial assets or we can...

Q: Why is emission mitigation is considered as a public good?

A: Emission mitigation is considered as a public good.

Q: Given the following: consumption = 400, investment = 300, government expenditure = 150 and net expor...

A: Economy's GDP Y = Consumption + Investment + Government expenditure + Net export 

Q: Examine the pharmaceutical industry using the theory and models of market structure. Should governme...

A: The following is discussed as follows:

Q: 2. If the ratio of marginal utility to price for steak is 2.67 and if the patron increases the consu...

A: Utility is the total satisfaction recived while consuming a good or service, which is obtained by th...

Q: Item Value (S billions) Currency Savings and money market deposit accounts Small-denomination time d...

A: Money supply in the economy is measured using several instruments namely M1, M2, M3, and M4. M1 is t...