The cost of the basket of goods in a particular year was $78.00 while in the base year the cost was $60. What is the CPI?      100     115     130     140

Q: An economy is defined by the following equations: C=500+0.8(Y-T) 1=300+0.3Y X=0.3Y* IM=0.3Y T=1000,…

A: Given, Consumption: C=500+0.8(Y-T) Investment: I=300+0.3Y Government Expenditures: G=2000 Exports:…

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: 2.) Two sources of inefficiency that managed care attempts to address are moral hazard and demand…

A: Two sources of inefficiency that managed care attempts to address are moral hazard and demand…

Q: 4. Cost-benefit analysis A local college is deciding whether to conduct a campus beautification…

A: A good is a public good if it is non-rival and non-excludable.

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A: When the world price lies below the equilibrium, quantity demanded exceeds quantity supplied so the…

Q: Single Payment Compound Present Amount Factor Worth Factor (F/P, i, N) (P/F, i, N) 1.0900 0.9174…

A: Computing the annual equivalence costs by utilizing the following formula: AEC(i%) = (P-S)(A/P,i,n)…

Q: On the following graph, use the orange points (square symbol) to plot Caroline's free-throw…

A: The marginal cost of production and marginal revenue can be used to maximise product output and…

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

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

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A: The complete quantity of a product that manufacturers are ready and able to sell at a variety of…

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A: National debt refers to the situation the government of a country is borrowing money from the…

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A: It is now common practice to conduct business on a worldwide basis. Despite our success in breaking…

Q: Given the production function of F(K,L) = sqrtKL If the short run has a fixed K of 5 units, which…

A: Here the production function of F(K,L)=KL the short run fixed capital k=5 units so, F(K,L)=KL=5L…

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A: Ans. Under Monopoly Market        The profit maximization level is where MR = MC    a) At this…

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A: Given; Structure costs= P12000.00 Estimated life= 5 years Salvage value= $1000 Sum of year=1+2+3+4+5…

Q: What is the significance of learning Basic Geographic Information System in Economics?

A: Geographic Information System The Geographic Information System (GIS) creates a visual learning…

Q: An industrial plant bought a generator set from P90,000.00, other expenses including installation…

A: a) Straight Line Method (SLM) Company purchases an equipment for P90,000 with an estimated salvage…

Q: Which of the below is NOT a current characteristic of a cryptocurrency?

A: Cryptocurrency is block technology based digital currency which is not physically exists. The…

Q: Assume that you are a wealthy investor, which one do you prefer mutual funds or hedge funds? Why?

A: Mutual fund and multifaceted investments are overseen portfolios worked from pooled assets fully…

Q: "Assume that consumers' confidence about their expected future income increases. As a consequence,…

A: Consumer Confidence:- Consumer confidence can be explained as an economic concept that gauges…

Q: If the goal of the Central Bank is to control inflation, after a positive demand shock caused by an…

A: The central bank us the authority that controls the supply of money in the economy and prints…

Q: A10 Suppose that P = 100, P* = 200, e = 0.75 where P is the domestic price level, P* is the foreign…

A: Foreign exchange  The exchange of one currency for another is referred to as the foreign exchange.…

Q: 10% (*) 5% (rº) 3% (D¹) S,I Decrease of G →→$' I 80 100 120 More Surplus International Col S,I

A: For a small open economy,Savings - Investment = Net exports.

Q: You deposit $2000 in an account earning 8% interest compounded continuously. How much will you have…

A: When you earn compound interest, you earn interest on both the money you've saved and the money…

Q: Assume that the Fed's goal is to stabilize national income. Under what conditions would a money…

A: The money supply is the supply of money that is used to control the inflation or recession in an…

Q: 2. Price controls in the Florida orange market The following graph shows the annual market for…

A: Equilibrium in the market occurs at the intersection of the demand and supply curve.  At the…

Q: EU Subsidy No subsidy Subsidy 100, 100 500, 50 No subsidy 50, 500 250, 250 That is, if both…

A: Nash equilibrium point is said to be that strategy set in which no player has an incentive to…

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A: When the price lies above the equilibrium level, surplus will occur. There is surplus when quantity…

Q: 2. Inputs and outputs Bob's Performance Pizza is a small restaurant in Chicago that sells…

A: Workers = Variable inputs Ovens = Fixed inputs Workers Output MPL FC VC TC 0 0   10   10 1 70…

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A: The global economy may be defined as the total of all activities that occur both inside and between…

Q: exercise equipment company produces exercise equipment designed for people with back injuries. Since…

A: In advertising, the term market alludes to the gathering of shoppers or associations that is keen on…

Q: Consider a monopolist with cost function C(Q)=10+30+20² facing demand given by P(Q)=73-30 a) Compute…

A: Here the cost function is TC=10+3Q+2Q2 demand function is P=73-3Q Total revenue=TR=P×Q=73Q-3Q2…

Q: What variable makes the relevance/link between loanable funds market and market for foreign-currency…

A: Foreign exchange, is the transformation of one country's cash into another. In a free economy, a…

Q: Question 2: What are the two externalities that are associated with driving cars and trucks? Are…

A: An externality, also known as an external cost, is the term given to the phenomenon in which one…

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A: People have some fundamental qualities, according to the trait theory of personality, and the degree…

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: Explain how the slope of LM curve affect the outcome of expansionary monetary policy (increase in…

A: Expansionary monetary policy An expansionary monetary policy is a form of macroeconomic stimulus…

Q: Refer to the "In the News" and the figure to answer two questions IN THE NEWS Fiscal Policy in the…

A: Financial restraint is a bunch of financial strategies that set out lease open doors in the banking…

Q: What is the value of the variance of the sample regression S₂²? (Hint: What is the regression d.f.?)…

A: First we need to calculate  sum of squared estimate of errors   SSE = (1-R^2) * SST   =(1-0.229029)…

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: 50) Everything else held constant, when bonds become less widely traded, and as a consequence the…

A: Bonds are fixed-income instruments that signify a loan forwarded by an investor to a borrower.

Q: Which of the following events shifts the Phillips curve? A. An increase in taxes. B. An increase in…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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A: Economic performance depicts the accomplishment of financial targets. The monetary strategy…

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A: Cash flow is a metric that shows how much money a company has brought in or spent over a certain…

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A: The strategic interplay of economic agents is modelled using game theory. One of the most important…

Q: Assume that the demand curve for romance novels has a negative slope. If the price of these novels…

A: demand curve is the graphical representation of demand schedule which shows the different demands at…

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A: Meaning of Microeconomics: The term microeconomics refers to that situation under which the…

Q: Moving to another question will save this response. Velocity of money depends on all of the…

A: Velocity of money refers to the total number of exchange of currency takes place within the economy.

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A: Aggregate demand curve shows negative relationship between price level and real GDP. Aggregate…

Q: Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run,…

A: In the long run output is produced at the natural rate of output.