People are ready to work at current or slightly lower wage rate but don't find a job is known as. Technological unemployment Seasonal unemployment Involuntary unemployment Voluntary unemployment Ouest

Q: Assume that the following data characterize a hypothetical economy: money supply = $200 billion; qua...

A: Given: Money supply = $200 billion; Quantity of money demanded for transactions = $150 billion; Quan...

Q: A decrease in government spending will decrease the equilibrium price level and decrease aggregate o...

A: Statement is True.

Q: Consider the following is the economy of Country Z: C = 200 + 0.85Y I = 100 Answer the following que...

A: Given, Consumption, C = 200+ 0.85 Y Investment, I= 100 a. The saving is leakage which reduces the fl...

Q: What events can ignite a currency crisis?

A: The currency crisis refers to the situation of the foreign market where there is an unexpected or su...

Q: The change in consumption brought about by a change in purchasing power of savings that results from...

A: Changes in price level has a direct effect on the purchasing power of savings. 

Q: How does monopolistic competition differ from pure competition in its basic characteristics? From pu...

A: The Monopolistic competition and perfect competition are two different types of market structures. T...

Q: Some years ago, two intercity bus companies, Greyhound Lines, Inc. and Trailways Transportation Syst...

A: The antitrust law is developed to protect the consumer from unfair practices of businesses. The laws...

Q: The level of an economic activity should be increased to the point where the ____ is zero.

A: Any economic activity be it of a firm or a consumer have some benefits and opportunity cost involved...

Q: Given the regression equationY = -50 + 12Xa. What is the change in Y when X changes by +3?b. What is...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: The heteroskedasticity problem arises more in the context of _____. Select one: a. qualitative dat...

A: Unequal scatter generally known as Heteroscedasticity. In this, variances are different and sub-samp...

Q: Everything else held constant an increase in financial frictions aggregate Select one: Oa. increases...

A: Aggregate demand refers to the amount of sales proceeds which an entrepreneur actually expects from ...

Q: Consider the following two mutually exclusive service projects with projectlives of three years and ...

A: Present value is the sum of money to be earned in the potential that is equal in worth to a transact...

Q: Fill in the blanks. (With explanation, please) 8. When the taxes for producing the commodity increas...

A: Quantity supplied Does not change. Increase in tax increases production cost, which causes producers...

Q: Why is Okun's law a useful rule of thumb to keep in mind when analyzing our short-run model?

A: Okun’s Law: Okun’s law explains that there is a negative relationship between gross domestic product...

Q: What is meant by the seasonal adjustment of a time series? Explain why government agencies expend a ...

A: The seasonal adjustments refer to the adjustments made concerning the time series where generally mo...

Q: How do we describe the costs of reducing environmental pollution?

A: Environmental pollution can be understood when there is an adverse effect on the environment/atmosph...

Q: Discuss the restrictions nations place on international trade, the objectives of these restrictions,...

A: International trade: It means that the goods and services are exchanged between the two countries i....

Q: uno palances are included in

A: In macroeconomics, money is important as it is used to carry daily transactions and for making payme...

Q: Recent research confirms that the demand for cigarettes is not only price inelastic, but it also ind...

A: The substitution effect is caused when the sales level of a product decreases due to the change in c...

Q: When positive autocorrelation is present, standard errors of OLS estimators become _____. Select on...

A: Autocorrelation: - it measures the extent to which the one value of a variable related to the past v...

Q: What Factors Influence Perfect Competition for Environmental Economic Market Structures.

A: Perfect competition describes a market structure where a Large number of buyers and sellers and comp...

Q: The oldest and most economically, socially, and politically developed cities in the world are locate...

A:  Adequate, cheap as well as efficient passenger transport facilities are the major essential require...

Q: How is the market-compensating wage differential between safe jobs and risky jobs determined? Which ...

A: The labour market does not contain a single wage system. It encompasses the different types of jobs ...

Q: Consider the following is the economy of Country Z:                      C = 200 + 0.85Y            ...

A: Given,  C = 200 + 0.85Y   I = 100

Q: Typically there are two alternatives in a replacement analysis. One alternative is to replace the ex...

A: Evaluation of the strategy, reasoning, and implementation of a current resource's successful substit...

Q: Think about how and why goods and resourcesare scarce. Goods and resources can be scarcefor reasons ...

A: Scarcity- Scarcity refers to having scarce with minimal commodities. Scarcity means that from these ...

Q: Why were tariffs created? Are they still useful in today’s transportation environment?

A: Tariffs: The tariff is a tax imposed by the government on the import of goods and services. Moreover...

Q: The cumulative learning curve coefficient CLCC(20, 0.8) is defined as follows:a. the cost to produce...

A: In a process with c(1)= 1 and a learning rate of 0.8, the cumulative learning curve coefficient CLCC...

Q: If an economy is producing a level of output which is lower than the equilibrium level, planned expe...

A: Planned expenditure is the amount of expenditure than an economy plans to spend.

Q: Consider the following is the economy of Country W: C = 100 + 0.8Y                      I = 150     ...

A: Output = Aggregate expenditure. Y = C + I

Q: The utility function U = f(x, y) is a measure of the utility (or satisfaction) derived by a person f...

A: (Note: Since the question has many sub-parts (a-d), the first three sub-parts (a-c) have been solved...