Select whether the statement is true or false. The economics approach is considered a moral approach to analyze and understand the tradeoffs of economic decisions. A O true BO false
Q: If Saving+Tax+Import > Investment+Government spending+Export, then _____ must fall to establish macr...
A: Here, it is given that the aggregate demand (Investment+Government spending+Export) is less then the...
Q: a. What is the profit-maximizing output? Output: b. What price will the firm charge? Price: $ c. How...
A: In monopolistic competition, there are many firms with free entry and exit. Long run economic profit...
Q: An increase in government regulation would cause aggregate: O supply to shift to the left. O demand ...
A: A supply shift to the left If there is an increase in the government regulation, it would cause the ...
Q: discuss the relationship between capitalism and colonialism. establish their role in the development...
A: Relationship between capitalism and colonialism. Colonialism underpins capitalism. The robbery of i...
Q: 2. Imports and Exports Now we allow for international trade. Use the following information from prob...
A: Given C=400+89DI ... (1) I=300 G=800 T=0.5Y X=300 M=19×Y .... (2)
Q: Which interest rate is most likely to serve as the target interest rate by a Central Bank? a)The...
A: The interest rate which is most likely to serve as the target interest rate by a central bank is the...
Q: Claims amounted to P50,000.00 received by Mrs. Perez after giving birth by the social security. ...
A: Social Security measures are given by governments of all economies. Banks work for profits. Also not...
Q: Which of the following policies will NOT shift the Aggregate Expenditure curve upward? Select one: O...
A: Aggregate expenditure is a sum of consumption spending, investment, government spending and net expo...
Q: An industrial firm uses economic analysis to determine which of two different machines to purchase. ...
A: Answer :- Here, Assume minimum attractive rate of return is 8%. Given the above information we anal...
Q: A report announces that people who golf at least three hours a day live longer. Soon after, demand f...
A: In a market, two or more goods are related to each other when the change in price, demand or supply ...
Q: Assume that a firm in a competitive market faces the following cost information. If the market price...
A: Firms in perfect competition are price takers as there are a large number of firms selling identical...
Q: To reduce the money supply in the economy, the Fed would: engage in actions to increase interest rat...
A: The central bank of a country controls the money supply in the economy. The central bank conducts t...
Q: Difference between implicit cost and explicit cost? Or Explain seperately and briefly both the impli...
A:
Q: 5a. Assume that a basket of goods and services costs $30, 000 in If the U.S. and 40,000 Australian d...
A:
Q: Determine the present value equivalent of a geometric sequence of annual cash flows starting at P 1,...
A: The net amount of cash and cash equivalents being transferred in and out of a corporation is referre...
Q: U.S. exports to Canada are are positively related to Canada's GDP. positively related to the U.S...
A: US exports refers to goods produced in the US, sold to foreign countries.
Q: Which of the following statements is correct? Multiple Choice If supply decreases and demand decre...
A: Equilibrium occurs where quantity demanded equals quantity supplied, that is at the intersection of ...
Q: Avocado has received a special order for 2,400 units of its product at a special price. The product ...
A: Solution- Avocado has received a special order for 2,400 units of its product at a special price. Th...
Q: 3. A person invests 4,500 in the hopes of receiving a return in eight years. What amount, in pesos, ...
A: The value of an item at a future period is called future worth or future value.It is basically the p...
Q: The following organization was established in 1953 by Garry Davis and distributed world passports to...
A: World government of world citizens: It provides the opportunity to travel worldwide by providing a p...
Q: Suppose that the market demand for a certain product is given by P = 670 – Q. where Qis total indust...
A: Introduction Here market demand has given. P = 670 - Q Here are three firms, so market demand can be...
Q: following graph, show the effect the good weather season in Ontario has on the market for raspberrie...
A: Equilibrium is achieved at the output level where Ls equals Ld
Q: O b) When he consumes zero amount of good 2, his MRS12 is equal to 1
A:
Q: The Bureau of Economic Analysis reported that the U.S. capital stock was $31.4 trillion at the end o...
A: "Net investment represents the change in the capital stock and gross investment represents the total...
Q: In situations of exces demand, sellers might lower quality when they are unable to raise prices beca...
A: In a market, excess demand refers to the situation when there is more demand for goods and services ...
Q: The key characteristic of financial intermediaries is that they Select one: O a. are always liquid. ...
A: The answer is - b. Will lend to anyone
Q: 2. Consider the money market model. Suppose that the current price is higher than the equilibrium pr...
A: In a market, the price level explains the market value of a specfiic good, services or any other ass...
Q: What would happen to the utility maximising bundle due to income decreasing... (ceteris paribus) ?
A: Utility maximizing:- People and organizations pursue utility maximisation as a strategic strategy fo...
Q: Price level AD2 AD1 Real GDP Refer to Figure 13-1. Ceteris paribus, a decrease in personal income ta...
A: Ceteris paribus, a decrease in personal income taxes will increase the disposable income, and an inc...
Q: The real interest rate is 6 percent a year and the income tax rate is 50 percent. With no inflati...
A: Given real rate of interest = 6 % Income tax rate = 50 % Inflation rate = 0
Q: Assume that we have a fixed supply of a depletable resource to allocate between two periods. Assume ...
A: In economics, the marginal cost is the change in the total cost that arises when the quantity produc...
Q: Assume that a firm in a competitive market faces the following cost information. If the market price...
A: PLEASE FIND THE ANSWER BELOW.
Q: Elixir Spring's mineral water is unique and highly prized. The firm's total fixed cost is $4,000 a d...
A: Elasticity measures the responsiveness of quantity demanded with respect to change in price.
Q: You are Lori Lightfoot. The city needs money. You are contemplating 2 sources of revenue: levying ...
A: Introduction Here we have given different prices level of gas with different demand. At first we sta...
Q: 26,000 HEOM in 3% co.yearly 40,000
A: Introduction We have given a cash flow. Average value of 26,000 = 26,000/6 = 4,333.33 Present value ...
Q: A 5-year bond with a yield of 6% (continuously compounded), with a face value of $100, pays an 3% co...
A: Bond Price = C(1-(1+r)-n/r ) + F/(1+r)n Here, C = Coupon payment = 3 F = Face value = 100 r = 6% = 0...
Q: On 24 February 2022, Russian President Vladimir Putin gave orders for Russian troops to invade Ukrai...
A: The easiest way to find the pure strategy nash equilibrium is to underline the maximum payoff of a p...
Q: A concrete pavement on a street would cost P 2M and would lasts for 5 years. Minor maintenance cost ...
A: The answer is given below
Q: A recessionary gap exists when the macro economy is in equilibrium at less than the potential output...
A: Answer: False
Q: A small tie shop finds that at a sales level of x ties per day its marginal profit is MP(x) dollars ...
A: Given:MP(x)=1.60+0.10x-0.0012x2Now,MP(x)=P'(x)Thus,P'(x)=∫(1.60+0.10x-0.0012x2)dxP'(x)=1.60x+0.05x2-...
Q: MUJ If the current bundle of food (f) and clothing (c) to be purchased by a consumer is such that Pf...
A: Utility maximizing consumption bundle is when marginal utility per dollar spent on the good is equal...
Q: Mr. Hernandez wants to provide a series of 18 yearly allowance for his 1-year old daughter starting ...
A: According to the given problem, the cash flow diagram is given below Currently, his daughter is 1 ye...
Q: A manufacturing company purchased 10 years a milling machine for ₽60,000. A straight-line depreciati...
A: The correct answer is given in the second step .
Q: Assume that household 1 and household 2 has the following demands for education (a private good) (in...
A: Consumers' willingness to buy products and services at certain pricing is referred to as demand. Mar...
Q: explain the short run fixed costs and the variable cost in modern economics?
A: There are two types of cost a) fixed cost b) variables cost. Total cost of the firm consist of fixe...
Q: You are shopping around to determine which bank account yields the highest return. You have three ch...
A: Future worth using compounding formula is F=A1+innt ... (1) Where i is the rate of intere...
Q: Consider a simple economy that only produces: pencils, t-shirts, and bananas. Using the information ...
A: Inflation: Inflation is an economic concept that is defined as a rise in the general price level of ...
Q: What is your opinion of the idea that people have the potential to overcome difficult adversity?
A: People have the potential to overcome difficult adversity. By facing difficult adversity, the charac...
Q: The graph below shows the demand for nectar in Gardenia. 20 16 12 8. 4 40 80 120 160 200 240 280 Qua...
A: We can find the demand function from the demand curve by using the intercepts
Q: 70 600 600 400 1 ID i = 5% co. monthly Y ;Y = Blank 2 ur answer
A: *Answer:
Step by step
Solved in 2 steps
- When using the social ecological model, which of the following would be considered part of the "exosystem" of influence on an individual's physical activity? O Personal factors O public policy O Institutional factors O Exosystem does not exist in the social ecological model If you have a client who wants to work out on his own, which of the following method of prescribing exercise intensity you should recommend to be more accurate? O Rating of perceived exertion (RPE) O Talk test O % Age predicted HRmax O % Heart rate reserve (measured)oDescribe 3 ways in which human decisions making differs from the rational individual conventional economic theoryMon poogle weld ascher andes one hamburger and one order of French fries, rather than two hamburgers and no Preech fries. Explain why economists consider this an example of rational decision making
- Because gun violence is portrayed frequently on television and in movies, people mistakenly assign too high of a probability that they will fall victim to gun violence and too low of a probability to more likely but less publicized events. This phenomenon illustrates which one? that events are poorly framed by the media. that people suffer from hindsight bias. the effect of the availability heuristic. the self-serving bias at work.What is opportunistic behavior and the example of it? Please asap.What is "bounded rationality"? a. Gathering all necessary information before making a decision. b. People only make choices that gives non-negative utility. c. Limits on information, time, and abilities might prevent people from seeking out the best possible outcome. d. Human beings are often restricted/forced to make only rational decisions.
- Suppose Jessica has two choices: receive $12000 and 30 utils or take a gamble that has a 55% chance of a $20000 and 45 utils, and a 45% chance of a $0 payoff and zero utility. Assuming Jessica is a utility maximizer, what will she likely choose? a) Jessica will not take the gamble b) Jessica will take the gamble c) It cannot be determined d) Jessica is indifferentThe idea that ethical judgments are universal was advanced by: a. Kant & Hare b. Dostoyevsky & Kant c. Bentham & Dostoyevsky d. Dostoyevsky & HareBehavioral economics a. integrates psychological insights into economic models. b. relies on the assumption that homo economicus describes economic decision-making. c. assumes that economic agents have full information about the conditions surrounding their decisions. d. All of the above are correct.
- please answer a & b In a used car market there are two types of cars: bad (B) and good (G). Assume that the utility from a bad car is Ub= Php100, and the utility from a good car is Ug = Php1000. Jaebeom, the owner of IGOT7 Used Cars Company, buys cars from the general public for his lot (assume he just keeps them on his lot for now). The owners of the cars who are selling to Jaebeom know the qualities of the cars they are selling, but Jaebeom does not. a. If car type is observable, what is the price paid for good and bad-type cars?b. Describe the equilibrium in the market assuming that Jaebeom can only offer the same buying price toany car in the market (i.e. cannot discriminate among sellers). What is the equilibrium used car price?Describe 3 ways in which human decision differs from the rational individual conventional economic theory with explanations please.We learned that we can use choice between a gamble over someone's best and worst outcomes and getting an outcome of interest (like getting pizza) for certain as a way to assign numeric values to utility (on a scale of 0 to 1). Using this method, if you are indifferent between the following: A gamble that has a 0.3 chance of your best possible outcome (and no lower chance), and a 0.7 chance of your worst possible outcome. Getting pizza for certain. it means that your utility for getting pizza is:
