Provide 4 examples of goods/services that are classified as private goods/services even though they are provided by a federal government.

Q: Suppose that autonomous consumption is 2,190, government purchases are 590, taxes are 0, planned…

A: An autonomous spending depicts the parts of an economy's total use that are not influenced by that…

Q: 10. Crowding out effect Suppose economists observe that an increase in government spending of $9…

A: Marginal propensity to consume refers to change in consumption divided by change in income.

Q: How much of one good exchanges for a unit of another good is known as Balance of Trade Terms of…

A: When countries engage in international trade, they exchange one good for other.

Q: Let the production function be F(K,L) = sqrt(KL) Find the minimum cost for the long run

A: The production function shows the relationship between inputs and output. The rise in inputs causes…

Q: Suppose nominal GDP increased in a given year. Based on this information, we know with certainty…

A: Introduction This is MCQ question from GDP topic

Q: Discuss why packaging is considered as an important part of the product offer?

A: First impressions are crucial, and your packaging is often a consumer's first encounter with your…

Q: 3. Calculate the break-even point of a beer company with the following cost data: Price Selling…

A: Breakeven point = Fixed cost / [Selling price - Marginal cost]

Q: Listed below is the 2020 actual demand for stretchable fabric used by a company producing swimming…

A: The technique of nave forecasting is when the previous period's sales are utilised to forecast the…

Q: 45) An increase in the expected rate of inflation will the expected return on bonds relative to the…

A: Answer-   Expected Inflation :- It is an expected increase in the price level over a time interval

Q: Figure 8-6 The vertical distance between points A and B represents a tax in the market. Price 22 20…

A: Producer surplus is the contrast between how much an individual might want to acknowledge for…

Q: In long-run equilibrium, a purely competitive firm will operate where price is Select one: O O b. a.…

A: A purely competitive firm operates at different level in the short-run as well as in the long-run…

Q: Smart and sustainable technologies are often criticized for being too energy-, efficiency-,…

A: A developed urban region that generates sustainable economic development and a high quality of life…

Q: The first government employee suggests limiting pollution through regulation. To meet the pollution…

A: An externality refers to the cost or the benefits that is caused by the suppliers or producers that…

Q: 68) In our discussion on the Global Financial Crisis/"Big Short", who was ultimately to blame for…

A: The answer is - All of the above

Q: If C= 5 +0.6Y, I=4-0.2 r, G = 5, T = 6, X = 10 dan M = 10+ 0.3 Y, Ms = 20, Mdt = 0.1 Y and Mds =…

A: C=5+0.6Y I=4-0.2r G=5 T=6 X=10 M=10+0.3Y Ms=20 Mdt=0.1Y Mds=5-0.1r

Q: Assuming that conclude that both Egypt and Australia have virtually the same number of households in…

A: The Gini record,or Gini coefficient, measures pay dissemination across a populace. Created by the…

Q: Exhibit 16.7 Price level 26 22 16 10 6 Potential Output a ▬▬ OL AD bike 2 SRAS Real GDP 0 80 Y* 200…

A: In the figure, potential output is 140. The economy will be at full employment when actual GDP is…

Q: 3. It is frequently asserted that taxes on cigarettes and beer are regressive, because poor…

A: In financial matters, an demand schedule is a table that shows the amount requested of a decent or…

Q: Explain why for some goods, the long-run price elasticity of demand is greater than the short-run…

A: Elasticity of demand:-  An elastic demand can be explained as a measure wherein a price change…

Q: 4. Researcher is using data for a sample of 100 household to estimate the relation between daily…

A: We have regression equation Y= b0 +b1X

Q: When I entered my answer in my online math assigment it said it was wrong

A: We use this formula to solve the above problem: A = P(1 + r)t where A is the amount that you get…

Q: Suppose the consumption function is given by C(Y) = 50+0.5 (Y-T), where Y represents income and T…

A: "In a closed economy, macroeconomic equilibrium is attained at a point where total income (Y)…

Q: What variables cause the simple sticky price AS curve to shift? What variables cause the partial…

A: The aggregate supply curve estimates the connection between the value level of products provided to…

Q: Suppose that you put $4,500 in a savings account at the beginning of the year and that you are…

A:

Q: Mr. Diddy grows and sells Pineapple. His company is named "Do it Diddy Way!!" uppose that to produce…

A: As mentioned answering questions 5 and 6 Total Product of Labor refers to the total amount of output…

Q: 1 2. Short-run versus long-run costs and expenditur Aa Aa The following isoquants depict the…

A: In the long run, all the factors of production are variable whereas, in the short run, at least one…

Q: Using the information in the table below, calculate GDP using the expenditure approach. NZSNA…

A: Ans. The Gross Domestic Product (GDP) is the value of final goods and services produces within an…

Q: conomics 8. Consider a firm whose production function is q(L) = 60L -0.5L² when hiring L hours of…

A: Note:- Since we can only answer up to three subpart, we'll answer first answer the first three.…

Q: Monetary Policy: End of Chapter Problem 28a Central bankers must manage expectations. Suppose that…

A: Central Bank   The central bank is the apex body of every country. The central bank is the Authority…

Q: Q1: Define and differentiate between: a) Organized exchanges and Over the counter markets b) Open…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: Question 18 "In an economy where actual real GDP is always equal to the natural real GDP (Y=Yn),…

A: When talking about full employment level or natural rate of unemployment, economy is producing its…

Q: Find the sales tax and total sale. Item marked price Sales tax rate Sales tax Total sales $582.41…

A: Given; Marked price= $582.41 Sales tax rate= 5.017% Formula to Sales tax:- Sales tax=Price of…

Q: To earn extra money in the summer, you grow tomatoes and sell them at a compost to your garden, you…

A: Use the below formula to fill the table: Additional pounds of tomatoes = Pounds of tomatoes at n…

Q: symbol) on the following graph to show the aggregate demand curve (AD₂) after the multiplier effect…

A: In macroeconomics, a multiplier is a component of proportionality that actions how much an…

Q: Diberi LA = 100, LB = 200, ALx = 6, ALy = 2, BLX = 10, BLy 5. Sekiranya negara A dan negara B…

A: Harga relatif barang x = Satuan barang y / Satuan barang x

Q: Question 16 In 2016, US's highest exports included Services O Consumer goods Producer Goods O…

A: Exports refers to the part of international trade that characterizes the outflow of goods or…

Q: Suppose the supply of frozen pizzas is given by the following equation: Qs=21P-20 a) On a graph,…

A: A) according to question  Taking quantity on horizontal axis and price on vertical axis. Horizontal…

Q: Output in an economy is given by the production function, Y-AK0.25 0.75 where Y is output and A…

A: Introduction We have given data of neoclassical theory of economic growth which is developed by the…

Q: A firm uses simple exponential smoothing with trend adjustment to forecast demand, "a = 0.6" and…

A: *SOLUTION :-

Q: Which of the following is an example of a contractionary monetary policy? a. a decrease in the…

A: Contractionary monetary policy refers to decrease in money supply.

Q: 5. Changes in the money supply The following graph represents the money market in a hypothetical…

A: Aggregate demand is composed of consumption spending, investment, government purchases and net…

Q: The pandemic has resulted in many airlines filing for bankruptcy affecting the market structure of…

A: Consumer surplus = The price that the consumer is willing to pay - The price that the consumer…

Q: The figure shows the domestic supply and demand of a product in the United States. Suppose the world…

A: The world price $ 14 lies above the equilibrium level where quantity supplied exceeds quantity…

Q: Explain how the slope of IS curve affect the outcome of expansionary fiscal policy (increase in…

A: The IS curve defines equilibrium in the goods market. The IS curve slopes downward because as the…

Q: 43) Which is a term that would be included in a bond indenture? a) Interest rate b) Dividend c)…

A: Since you have asked multiple questions, we will solve the first question (Q#43) for you. If you…

Q: B 0 m m m' quantity of money Exhibit 15.2 shows equilibrium in a money market. Which of the…

A: In the money market, the money supply is controlled by the central bank of the nation. Hence, the…

Q: QUESTION 38 What are the two routes that we use to process information, according to the Elaboration…

A: Question 38 The answer is - Central & peripheral

Q: Assuming the holiday-let rental market in a popular UK seaside town is perfectly competitive, use a…

A: Demand curve refers to the type of curve that shows the relation between the quantity that consumers…

Q: How would customers likely react if a retailer switched its pricing strategy from one to the other?

A:

Q: 2. Assume that there is a negative monetary shock causes the decreasing in money supply. a) Please…

A: IS-LM is used to determine equilibrium interest rate and real GDP in the economy