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A: In an economy, GDP is used as an economic tool to measure the national income in terms of goods and ...
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A: Average formula of elasticity of demand is Ep = ∆Q∆P×P0 +P1Q0 +Q1
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A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the questio...
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A: Automatic stabilisers are a sort of fiscal policy that works automatically to smooth out fluctuation...
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A: Depreciation per year (D) = Cost of the Asset - Salvage ValueUseful LifeD = (500000 + 40000) - x% o...
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A: Open market operations refer to purchase and sale of security bills to affect money supply in the ...
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A: Indifference Curve : An indifference curve is a curve showing the different bundles of goods in a tw...
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A: R^2 is also called goodness of fit. It tells how well the regression model is fitted in the data obs...
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A: The gross domestic product (GDP) is the aggregate value of goods and services produced in the domest...
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A: Price Qua100ntity Deman90ded Quantity Supplied 100 100 1100 90 200 1000 80 300 900 70 4...
Q: Under a fixed exchange rate regime, if a country's central bank runs out of international reserves, ...
A: Under fixed exchange rate system, country has to maintain international currency reserves to protect...
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- First-differences is used to solve the problem of... Time-constant unobserved factors that would otherwise create an endogeneity problem. Heteroskedacticity. Parallel trends. A failure of the assumption of "linearity in parameters".State any five assumptions of the benchmark mode and highlight the weaknesses of those assumptions.Which of the FF. statements is correct. A. Even if a company has adopted the best technology possible, it will not be able to meet the target of minimizing the costs of production nor meet the target output if the workers inside the company do not value team work and the workers envy each other. B. the output produced by the company is limited by the available technology C. new technologies will be adopted in place of the old technologies if the new technologies can produce the output at a lower cost D. all are correct E. none is correct
- Johansen Methodology is necessary if _______ a. cointegration vectors has Markow switching movement. b. there is a VAR process in the cointegrating vectors c. there are more than cointegrating vectors d. there is nonlinearity in the cointegration vectors.Which one of the following statements is FALSE? Group of answer choices If investment per worker is less than depreciation per worker, then capital per worker decreases. If investment per worker exceeds depreciation per worker, then capital per worker increases. In steady-state, investment equals to depreciation. In steady-state, capital per worker keeps growing steadily.Heteroscedasticity problem may be controlled by Select one: a. using generalised least squares. b. Cannot be controlled at all. c. Log-transformation of data and using generalized least squares. d. log-transformation of data.
- Identify the following variables as either discrete or continuous: (a) The number of times heads comes up in 100 tosses of a coin (b) The number of accidents occurring in a specified section of a freeway (c) The weight of boxes shipped from an Amazon warehouse (d) The concentration of carbon dioxide in the air of San Diego versus time (e) Optimistic, most likely, and pessimistic estimates of salvage valueThe cumulative learning curve coefficient CLCC(20, 0.8) is defined as follows:a. the cost to produce 20 units in a process with c(1) = 1 and a learning rate of 0.8.b. the cost to produce one unit in a process with c(1) = 20 and a learning rate of 0.8.c. the cost to produce one unit in a process with c(1) = 1 and a learning rate of 0.820.d. the cost to produce the 20th unit in a process with c(1) = 1 and a learning rateof 0.8.A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MU, while for the international market it is 15 MU.The company has the capacity to produce up to 10 tons of strawberries for sale and according to SAG restrictions, it must dedicate at least 10% of production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.d) There is the option of buying new machinery to increase the production capacity of the company. In what range should the new machine increase production capacity to suit the company? How…
- Given the data below, use the segmenting model to estimate a manufacturer's total annual cost. Estimated annual production volume = 400,000 units Estimated direct labor cost per unit = $3.75Estimated indirect labor cost per unit = $0.92Estimated raw material and purchased part cost per unit = $32.50All other costs are independent of production volume and are estimated at $800,000 per yearUnder intervention A, the status quo, 15% of 3-year-old children in the country of Granada die from Dengue and under intervention B, a new intervention only 10% of children in Granada die from Dengue. The life expectancy at three years in Dengue is 55 years. The cost of intervention A is $100 and the cost of intervention B is $185. What is the incremental cost-effectiveness ratio (ICER) comparing intervention B to intervention A expressed as a. cost per life-years b. cost per life-years savedThough they tend to be cost and time overruns; costless and inexpensive to the tax payers, megaprojects transform the face of many economies. Select one: True False
