Q: The average salary of male employees in a firm was Dollar 5200 and that of females was Dollar 4,200.…
A:
Q: No plagiarism answer both questions
A: GDP refers to the final value of all final goods and services produced in an economy, in a…
Q: 28. Chronic food insecurity happens when__________. 29. Transitory food insecurity occurs when…
A: Food insecurity is the opposite of food security which is the ability to obtain food over a…
Q: Out of 20,000 customers' ledger accounts, a sample of 600 accounts was taken to test ´New the…
A:
Q: Question 13 was not answered.
A: Price elasticity of demand is an estimation of the adjustment of the utilization of an item…
Q: The first question, 15., is not answered.
A: Given information: The free trade price is IP (i.e., 11), at this price, the domestic demand is 15…
Q: All three answer
A: Monetary policy is a set of tools used by a country's central bank to encourage long-term economic…
Q: Please answer 13-15 only.
A: !3. These are alternative goods that can easily replace by other products either perfectly or in…
Q: T3
A: Given: The original price of a bond is = $1,000 The fixed annual interest payment is = $150 The…
Q: Year Month GOIL December 0.241667 2011 January 0.258333 February 0.258333 March…
A: The price of stock is given here. And the price is determined by demand and supply of stocks. If…
Q: I request to you both subparts solve.both questions are from single questions so I request to both…
A: The monopolist is a single seller who sells a heterogeneous product in the market. A monopolist is a…
Q: 13. IfQ-K12L2 the MP, is a. diminishing b. increasing C. constant d. not enough information to…
A: Given: The production function: Q = K1/2L1/2 To Find: The marginal product of labor (MPL):
Q: Question 15 and 16
A: Accounting profit is calculated as: =Total revenue - explicit cost=$5,000 - $4,250=$750 Where…
Q: Only answer 1, 2 and 3
A: 1)Number of people with IT qualifications have grown in Jamaica. This would be classified as…
Q: TRUE OR FALSE. When heterosdasticity is present OLS estimators are still BLUE.
A: "Heteroskedasticity is the situation where the variability of a variable is unequal across the range…
Q: the decision rule for rejecting the null hypothesis H0H0.
A: Solution 1)Consider the above given that Null Hypothesis H0: P1=P2 Alternate Hypothesis Ha :…
Q: Please correct answer
A: The president's executive office consists of offices and agencies that support the president's work…
Q: The number of children born in a city during a period was 22,500 and the average population of the…
A: The crude birth rate is the ratio between the number of live birth and the average population per…
Q: answer only question 2 pls
A: The aggregate supply curve shows the direct relationship between the price level and the total…
Q: Describe the GLS/WLS method of correcting for heteroscedastici the
A:
Q: Out of a total number of 1,807 women who were interviewed for employment in a Textile factory of…
A:
Q: Can you answer 26,27,28
A: The government rules and regulations in a country describe the essential requirements for the…
Q: Sharpener and pencil are Substitute True/Fals
A: For two goods to be called substitute, they must have atleast 50% of same characteristics and thus…
Q: T4
A: Demand Curve: - demand curve is the graphical way of showing the relationship between the quantity…
Q: Answer question 6
A: 1. Failure in the coffee harvest of a coffee producer would shift the supply curve of coffee to the…
Q: A building company claims that 70% of all new houses they build are finished within 3 weeks. A study…
A: Ans
Q: 1,2 and
A: Economy of scale refers to factors that reduce production costs and increase the volume of output.…
Q: answer only question 8 pls
A: The central bank is the bank that regulates the money supply in an economy. It means as the money…
Q: Q13
A: A country which has a comparative advantage in one good specialises in the production of that good…
Q: Question #8 was not answered.
A: The midpoint method computes the price elasticity of demand by partitioning the percentage change in…
Q: please solve 4 and 5
A: From the given table, the minimum of the average total cost is 9, and given that the minimum of…
Q: The Rotary Club is holding a pizza sale to finance outreach projects. The Club made an agreement to…
A: Let X be the amount of pizza , Y be the amount of peperoni pizza and Z be the amount of vegetarian…
Q: In sample 400 parts manufactured by a factory, the number of defective parts was found to be 30. The…
A: Introduction Total manufactured part = 400 Total defective part = 30 Now company claim that there…
Q: You extract approximately 5,000 observations from the Current Population Survey (CPS) and estimate…
A: "Regression" comes from "Regress" which means to return (to something). In that sense, Regression…
Q: In two large populations, there are 30 and 25 per cent respectively of blue-eyed people. Is this…
A:
Q: Multiple Choice • $32. $42. • $36. • $20.
A: Introduction: In economics, quantity demanded refers to the quantity of an item or service that…
Q: Q21
A: PPC(production possibility curve) shows us the various combinations of the two goods(here, consumer…
Q: The question was not answered.
A: Answer: Given, Qd=25,000-5,000P+25MQs=240,000+5000P-2000P1Here the next year forecast of income will…
Q: 18 short answer Five Years Ago Today 82 88 112.5 54 n 45 36 The test statistic for the difference…
A: The provided information are:
Q: Co makes two products: tables and chairs, which must be processed through assembly and finishing…
A: *Answer:
Q: The difference equation given by A2yt+1 can be written as
A: We will use two formulas to solve this: 1) ∆2yt = ∆(∆yt)2) ∆yt+n = yt+n+1 - yt+n
Q: A country’s gini co-efficient was 0.46 last year and is now 0.48. What can we infer from the change?…
A: Income inequality is calculated in a number of ways, the most common of which are the wages and…
Q: • µ = 27.52 Median = 24.96 •0 =6.34 • First Quartile = 18.34 • Third Quartile = 35.72 • n = 65
A: Answer: 5 $24.96 is the median amount, now, if a sample of 10 recipients is taken, almost around…
Q: - There is a :*
A: For finding the shortage or surplus of the good, we need to see the difference between supply and…
Q: #28 to answer question #29
A: Previous rate USD/MXN = 20.44 pesos New rate USD/MXN = 22 pesos As 1 US dollar now buy more pesos,…
Q: Out of a total number of 10,000 candidates who applied for jobs in a government department, 6,854…
A:
Q: TT = 100kl - 5k²1² + 2k + 41 dk and dn' dl Find dn dk = 100 – 10kl + and dn dl 100 – 10lk? dn dk dl…
A:
Step by step
Solved in 2 steps
- Think about the business cycle: during a recession, unemployment increases; it decreases in an expansionary phase. Explain what happens to TANF, SNAP, and Medicaid programs at each phase of the business cycle (recession, trough, expansion, and peak).Given the federal budget deficit in recent years, some economists have argued mat by adjusting Social Security payments for inflation using me CPI, Social Security is warming recipients. What is their argument, and do you agree or disagree with it?3. . If the government wants to reduce unemployment, government spending should be--- and/or taxes should be-------. increased; increased decreased; decreased decreased; increased increased; decreased
- A.) Okun's law is stated as... Change in the Unemployment Rate = -0.2*(Percent Change in Real GDP - 2.5) ... Then what is the expected annual growth rate of GDP? B.)Change in the Unemployment Rate = -0.2*(Percent Change in Real GDP - 2.5) ... If the percent change in GDP is 3%, and the unemployment rate starts at 5%, what is the change in the unemployment rate?Question 8 (a) Identify two macro-economic aims of the government. (b) Explain two reasons why someone may be of working age but not in the labor force? (c) What can cause an increase in a country’s labor force? (d) Explain how different types of unemployment may be caused and consider which might be the most serious. (e) Can a rise in unemployment cause a fall in inflation? (f) What are some policies government may take to reduce unemploymenta. If the economy is currently at full employment, at what level should the central bank set the nominal interest rate? b. At what level should the central bank set the nominal interest rate if the economy is 20% below potential GDP? c. Explain the difference between the nominal interest rate and the real interest rate. Using these concepts of the nominal interest rate and the real interest rate explain how lenders can protect themselves from any negative effects of inflation if the inflation is fully anticipated.
- Assume that a 1% change in the inflation rate causes a 1% increase in nominal interest rates, which in turn causes a 1% drop in real growth the following year. During the latter half of the 1990s, real growth averaged about 4%. Calculate how much inflation would have to increase for the following to happen, using Okun’s Law. (A) A 1% increase in the unemployment rate. (B) A big enough change to cause a ‘‘typical’’ recession, where real GDP declines 2%. (C) Suppose real growth slows down to 2½% because of a change in consumer and business sentiment. How much would the unemployment rate change each year?i ned this inword not handwritten Q6. Suppose the number of employed people in an economy is 312,545,372. The unemployment rate in this economy is 7.4 percent, or .074, and the labor force participation rate is 80 percent, or .80. a. What is the size of the labor force? b. How many people are unemployed? c. What is the size of the working-age population?Question # 2 a) Suppose the number of employed people in Pakistan is 20.5 million. The unemployment rate in this economy is 8.8 percent, and the labor force participation rate is 65 percent. i) What is the size of the labor force and working-age population? ii) How many people are unemployed? b: Explain and analyze different government policies which affect the unemployment rate in Pakistan? ( Maximum 200 words). c: Before June 2020, the labor market in Pakistan was at equilibrium with an equilibrium wage (WE) of Rs. 15,000 and equilibrium quantity of labor (LE) 10 million. In the last week of June, 2020, government of Pakistan imposed a minimum wage Act raising the minimum wage to Rs. 20,000. Using a graph, explain the effect of imposition of minimum wage on unemployment in labor market of Pakistan.
- I just need assitance and a better understanding of 3 and mostly 4 1. Another economy has the production Y = A * K^0.5 * L^0.5, the marginal product MPL = 0.5 * A * K^0.5 / L^0.5, in which K = 144 and the supply of labor w = 5 * EP/P *L^0.5 Productivity is A=50. In absence of shocks and policies, EP/P=1, the number of jobs is L = 60, and wage is w = 38.73. But now inflation is slower than expected, with EP/P=1.2. Find the new equilibrium number of workers. 2. Find the new equilibrium wage at EP/P=1.2 3. Graph the change in the labor market equilibrium. Mark the before and after equilibria with E0 and E1. Label axes and curves, map relevant values onto axes. 4. Now let's consider this same scenario in terms of the accelerationist Phillips curve. The labor force is N=64. Find the rates of unemployment before and after as (N-L)/N and map them into our surprise inflation indexes, EP/P. Label the natural rate of unemployment, show the cyclical rate of unemployment. Step 1:…_______________________ happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment. a) Stagflation b) The interest rate effect c) The foreign price effect d) Full employment GDP Question 2 1 / 1 point Melanie decided to save 20% of her annual earnings for 10 years so she would have a down payment for a house. After 5 years, what change in the economy would cause an increase in the purchasing power of the funds she has managed to save? a) stagflation b) depression c) deflation d) recession Question 3 1 / 1 point If the price level of what firms produce is rising across an economy, but the costs of production are constant, then: a) higher profits will induce expanded production. b) a majority of industries will start running into limits. c) increase in quantity produced won't be large. d) the maximum potential GDP will be exceeded. Question 4 1 / 1 point What term is used to describe the maximum quantity that…Suppose that people expect inflation to equal 3 percent, but in fact, prices rise by5 percent. Describe how this unexpectedly high inflation rate would help or hurtthe following: (4)1.the government2. a homeowner with a fixed-rate mortgage3.a union worker in the second year of a labor contract4. a college that has invested some of its endowment in government bonds