The local government issues bonds to pay for road repair projects. If josue buys some of these bonds, purchase would be included in gdp as

Q: Question 30 Frictional unemployment is a) unemployment caused by economic downturns. b) unemployment...

A: A person is said to be unemployed when when he or she is looking for job and can work at prevailing ...

Q: Consider an investment opportunity for Mary Smith that produces a 15 percent positive return if thin...

A: Mary used $20 of her saving and $80 of borrowed money to make $100 investment. After the loss it bec...

Q: 16. If a firm increases both its plant and labor by the same pa the firm is experiencing A. decreasi...

A:   Diseconomies of scale means that the cost curve is upward sloping as we changes the factors of pro...

Q: The total design and construction cost for a sand filter machine to handle a flow rate of 0.7 millio...

A: Cost Inflation Index (CII) is used to estimate the increase in the prices of goods and assets year-b...

Q: he industries in South Africa, such as housing and healthcare, are controlled by the government. Mos...

A: The conclusions that can be drawn about the South African economy based on the given information is ...

Q: Discuss the importance of monetary base to the overall money supply.

A: Answer: Monetary base: monetary base refers to the total amount of cash created by the central bank ...

Q: A series of uniform accounts over an infinite period of time. Depreciation Annuity O Perpetuity Infl...

A: Depreciation refers to the rate of decline of capital stock. Annuity refers to a stream of income fr...

Q: Would you expect supply to play a more significant role in determining the price of a basic necessit...

A:   Meaning of Demand and Supply: The term demand refers to the willingness of an individual to purcha...

Q: 1. Consider the market for cell phones in Celltown. Suppose that the inverse demand curve is P = -2Q...

A: Inverse demand curve P = -2Qd +300Inverse supply curve P = 3Qs +50Inverse demand curve is downward s...

Q: Data from the Bureau of Labor Statistics shows that U.S. income increased by 10% while consumer data...

A: Given values: Change in income = 10%Fall in demand for soft drink =- 2%

Q: he price of train travel increases from $10 to $11 and the demand for train travel falls from ,000 t...

A: Elasticity of demand depicts how much consumer responds with the change in the price level. 

Q: 2. As an economic and accounting analyst, which of the two should a government pay more attention fo...

A: Economic growth is basically described as the boom or improvement inside the inflation-adjusted mark...

Q: Question 2   Consider an overlapping generations model with the following characteristics: individua...

A: Introduction: Equilibrium is the situation in which market supply and demand balance each other out,...

Q: Y = AK^ L' %3D

A: Y=AKαL1-α Where K represents the capital  L represents the labor

Q: Discuss wether all firms in a country will welcome a change in people’s income.

A: Income plays a crucial role in deciding the purchasing power of individuals in an economy. The highe...

Q: e figure below represents the market for Gasoline, where initially the equilibrium price was $5.60. ...

A: Answer is given below

Q: For a nation's real GDP per capita to decrease during a year, O a) investment spending must increase...

A: Real GDP per capita helps to measure the standard of living for an economy. It shows the average inc...

Q: The following diagram represents an economy in whích total factor productivity z increa PPF2 C2 PPF ...

A: Substitution Effect : The substitute effect can be explained as the change in the quantity purchased...

Q: “All problems in economics are about scarcity, that is, about how to use given resources for satisfy...

A: "All economic problems are about scarcity, that is, how to use limited resources to achieve competin...

Q: 4A Find the value of 'C’ in the figure below. Take the interest rate as 15%. C-? 10 15 23 Years 20,0...

A: Given: The interest rate is = 15% Years = 23 To Find: The value of C:

Q: Consider the following strategic form gam L M R 2,4 1,2 0,1 D 1,0 1,1 3,3

A: E(U) = 2q1 + 1q2 + 0(1-q1-q2) (Strategy 1) E(D) = 1q1 + 1q2 + 3(1-q1-q2)  E(U) = E(D) 2q1 + 1q2 + 0 ...

Q: The following graph shows the annual market for Florida oranges, which are sold in units of 90-pound...

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

Q: Suppose the real interest rate is 0%. Daniel worked for 60 years and he retired for 20 years. When D...

A: Savings at retirement=Earning till retirement-Consumption till retirement

Q: Using the AD-AS model of the macroeconomy, explain why real GDP fell but inflation did not rise duri...

A: AD-AS Model: The term AD explains the aggregate demand whereas AS represents the aggregate supply. A...

Q: Question: This specifies that an action that could benefit more people and more subject should be ac...

A: The term "common good" can refer to something that is shared and beneficial to all or most members o...

Q: why is it important to learn the criticism of global city?

A: A world city is also known as a "global city." It is a node in the global economic network that is a...

Q: c. Suppose that eqm C in India under FT is 8 tons of textiles and 2 airplanes. Check that this is po...

A:   a. For India opportunity cost of 1 unit of airplane is 3 units of textiles. For US, opportunity co...

Q: A wind turbine is to be installed. There will need to be maintenance costs every 3 years beginning a...

A: To find the Present Value of recurring maintenance costs we take following steps : 1 .) We find the ...

Q: Marketopia's real GDP was $520 billion in 2014 and $550 billion in 2015. Its population was 150 mill...

A: GDP(gross domestic product) per capita is obtained by dividing the GDP by population. It is useful t...

Q: ISO 14001 can be applied to any organization in any sector. For instance, a public administration or...

A: 1 True ISO 14001:2015 can be used in any organization, and it would be regardless of any size, type ...

Q: What are the similarities and differences between a short-run supply curve and a short-run market su...

A: Supply is the quantity seller are  willing to sell at certain time and place .  And supply curve sho...

Q: If S1& D1 are the original supply and If S16 D1 are the original supply and demand curves, what happ...

A: NOTE1: Since we only answer up to 3 sub-parts, we’ll answer the first 3. If S1 &D1 are the orig...

Q: how smart growth is making cities more sustainable.

A: Macroeconomics is a branch of economics which is important for a country. Aggregate demand and aggre...

Q: Milton Friedman, who won the Nobel Prize in economics, characterized inflation as being "high and va...

A: Milton Friedman Noble Laureate in economics termed inflation as high and variable. Such characterist...

Q: Describe what will happen and why to the firm’s costs and profits as the firm makes its choices. Emp...

A: In a perfect competition market a firm has only one major decision to make which is the amount of ou...

Q: The equilibrium price is $a loaf. The equilibrium quantity is loaves a day.

A: Equilibrium is the point where quantity demanded is equal to quantity supplied. QUANTITY DEMANDED = ...

Q: Questions Suppose foreign pharmaceutical distributors from Zargadee are currently prohibited from se...

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: Job search engines, such as Indeed and Monster.com, have enabled workers and companies to find each ...

A: The job search engines allows employees and businesses to connect more quickly and effectively at a ...

Q: Albert Einstein once noted that, "Compounding of interest is one of humanity's greatest inventions"....

A: Formula for quarterly compound interest is as follows, F = P * [ { (1 + r/4)n*4 – 1 } / r/4 ]

Q: Which of the following is an example of pork barrel spending? Select the correct answer below: fundi...

A: As we know fiscal policy is used by government in which taxation and government spending are the two...

Q: If this product is selling at $20, how much is being 25- 20- 15+ 10- 5. produced? 10 20 30 40 50 A 3...

A: Answer: According to the given graph, if the price is given on the y-axis and the quantity is given...

Q: Give an example of how the profits change from the short run to the long run for a firm in a perfect...

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

Q: b) households; automobiles

A: By definition, Consumption, in Economics, is the use of goods and services by households. Consumptio...

Q: which statement is true and why are the others false.

A: Moving production from high cost producer to low cost producer will decrease total supply: If the go...

Q: Which of the following holds true when net investment is zero? O The law of motion of capital implie...

A: In the Solow growth model, savings and investment are the key drivers of economic growth in a countr...

Q: sume that the population proportion is 0.60. Compute the standard error of the proportion, o-, for s...

A: Given that, Population proportion (P) = 0.60 1-P = 1-0.60 = 0.4

Q: Choose ALL of the key terms listed below which are usually associated with a country that earns more...

A: When talking about the degree of freedom from political and economic pressure, higher the freedom al...

Q: Suppose the monopolist faces the market demand function given by Q=144/p2 The AVC of the firm is gi...

A: Given: The market demand function is: Q=144/p2 The AVC is AVC = Q ½ The fixed cost is = $5 To Find: ...

Q: Suppose the Sherwin-Williams Company has developed the following multiple regression model, with pai...

A: Consider the following regression equation:  Y = α + βaA + βpP + ε Here, Y is the dependent variable...

Q: A monopoly has long run total cost given by: TC = 61 + 6'Q + 0.4'Q, where Q represents the units of ...

A: Given Total cost function: TC=61+6Q+0.4Q2 Monopolist profit-maximizing level of Q is 40.87 and maxim...