THE SIMPLE KEYNESIAN MACROECONOMIC MODEL CONCLUDES THE FOLLOWING ABOUT THE SOUTH AFRICAN ECONOMY

Q: Question four A firm's production technology 40 = 10K0310.7 and capital costs K3 per week while…

A: "The cost minimizing input combinations of capital K and labor L occurs at a point where the ratio…

Q: Economics Part 1 O See Hint A firm produces output (y) using two inputs, labor (L) and capital (K),…

A: The Cobb–Douglas production function is a functional version of the production function extensively…

Q: Question 23 Refer to Table 6-1 in Question 21. Increasing the size of its store and parking lot is a…

A: "A dominant strategy is the optimal strategy for a player among all the competitive strategies no…

Q: The Canadian economy produces a vast array of goods and services, trom cars to cannabis Suppose that…

A: In an economy, GDP is the sum of the components of aggregate demand that are consumption, net…

Q: Câu 2: Assignments CAR is a measurement of a bank's available capital expressed as a percentage of a…

A: A bank is an institution that provides the facility for loans and deposits. It means as the bank…

Q: Amagine you are the manager of a car dealership and you are trying to create an economic model to…

A: An economic model creates a similar situation for a firm in accordance to real life through which…

Q: 3 new driving laws planned for South Africa: Minister Transport minister Fikile Mbalula says that…

A: Answer 3.1: Transport plays a very significant role in the socio and economic development of a…

Q: 5. A truck for hauling coal has an estimated net cost of $55,000 and is expected to give service for…

A: Investment = $55,000, Salvage Value = $5,000, total service units = 250,000 miles, and usage for…

Q: 21) The indivisible reserve of savings and credit cooperatives is NOT covered by COSSEC insurance.

A: Insurance is a contract in which the insured agrees to regularly pay a specified amount to the…

Q: what is A to make two cash flow diagrams equivalent, at i = 10%? A $100 0 1 2 4 5 6 7 8 0 1 2 3 5 6…

A: Cash flow is the motion of cash inside and out of a company. Cash obtained indicates inflows, and…

Q: Solve for the value of X in the Figure below so that cash flow A is equivalent to cash tlow B (i =…

A: Present worth (PW) is the present  worth of a future sum of money or cash flows given a particular…

Q: Annual demand is 42,626 units/year. Ordering Cost is $52/order. Holding cost is $5/unit/year.   What…

A: The annual demand is 42,626 units/year The ordering cost is $52/order Holding cost is $5/unit/year

Q: Two firms are engaged in Cournot (simultaneous quantity) competition. Market-level inverse demand is…

A: Monopoly is the market condition where the supply of a particular good or product is controlled by a…

Q: Câu 2: Assignments CAR is a measurement of a bank's available capital expressed as a percentage of a…

A: The bank is an institution that plays an important role between borrower and depositor. The borrower…

Q: Uber is one of the giant corporations and its mobile app allows consumers to arrange transportation…

A: There are basically 4 types of market structures, which are as follows: Perfect competition…

Q: true or false: 21) The indivisible reserve of savings and credit cooperatives is NOT covered by…

A: The Public Corporation for the Supervision and Insurance of Cooperatives (COSSEC) is the regulator…

Q: 2. Tom quit his $65,000 a year corporate lawyer job to open up his own law practice. In Tom's first…

A: The difference between the accounting profit and the implicit cost is referred to be as the…

Q: In the last year there has been a significant increase in the inflation rate in Canada. Use the…

A: Inflation: When price increases at a continuous rate then it can be considered here as the condition…

Q: PRO Engineering is considering whether to purchase or lease a piece of earthmoving equipment.…

A: given that, The initial cost is $150,000 Residual value is $12,000 The maintenance cost is…

Q: The Lindahl equilibrium involves producing how many units of the public good? At what tax share?

A: Public goods are those goods that are nonrival and nonexcludable. Nonrival means one cannot consume…

Q: The Calculus of a Firm's Cost Stracture Caleulus Appendis Figure li Out: Qustin l4 Steve and Sons…

A: In the long run, all the inputs becomes variable. Totat Cost = wL + rK Production function, Q = 4KL

Q: )The graph below shows the marginal revenue, marginal cost, and average total cost at different…

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

Q: (b) Using a diagram to help your explanation, illustrate and explain the point at which a monopolist…

A: A monopoly is a market system in which only one seller sells to a large number of customers.The…

Q: [Extended dynamic analysis and reflection] Petrol prices have recently jumped, and this appears to…

A: Oil prices, like gasoline prices, have an important influence in determining production costs and,…

Q: Which theories explain property rights in companies according to their ownership?

A: The rights to use, receive money from, and transfer or trade goods and resources are known as…

Q: "Tiffany" is a retailer monopolist who makes a unique product called the "diamond ring" that…

A: Monopolistic Market  Monopolistic is a form of market where there is a large number of buyers and…

Q: Assume that sales are predicted to be $3,300, the expected contribution margin is $1,155, and a net…

A: To calculate the break-even point of a organization, the annual constant value is split by the…

Q: How important a Chief Financial Officer in a rural bank? How it will help the financial perspective,…

A: A chief financial officer (CFO) is a senior executive who is in charge of a company's financial…

Q: Bee & flower is a brand that has been established for more than 30 years in China. His hair care is…

A: Different organisations have to keep an eye on different aspects for their sucessful business.…

Q: 3. Consider the following table that presents the labour requirements for production in the East and…

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: explain why the lower marginal cost firm can never produce the same as the high marginal cost firm

A: marginal cost is the cost of producing additional unit of product . and it helps to the firm to…

Q: Consider a market given by the following supply and demand equations MC=0+5Q WTP=98-4Q What is the…

A: Demand and supply Demand refers to the quantity of a commodity that the buyers are willing to…

Q: Consider the demand curve P = 200 - Q facing a monopolist. The monopolist's cost function is given…

A: "A monopolist maximizes profits at a point where marginal revenue equates marginal cost."

Q: Consider an economy in which the marginal propensity to consume is 0.8 and GDP is currently at…

A: Marginal Propensity to Consume refers to the fraction of the income that is spent on consumption. It…

Q: A waiting line meeting the assumptions of M/M/1 has average time between arrivals of 2 per hour and…

A: The utilization factor or use factor is the ratio of the time that a piece of equipment is in use to…

Q: nomics e Wall Street Journal in 2021 observed, "And, while bitcoin is referred to as a digital…

A: *Answer:  Cryptocurrencies are digital or virtual currency backed by cryptographic methods that make…

Q: 23. The kinked oligopoly demand curve does NOT describe the demand curve for monopolistic…

A: A monopolistic market is a theoretical situation in which only one corporation is allowed to sell…

Q: Refer to the diagram. The initial aggregate demand curve is AD1 and the initial aggregate supply…

A: cost push inflation influenced to the production cost of the firm which affects the output level .…

Q: In an imaginary economy, consumers buy only sandwiches and hamburgers. The typical consumer consumes…

A: Consumer price index=CPI=cost of goods in current yearcost of goods in base year×100 in this…

Q: A customer deposits his money in a bank for 10 million dollars for 2 years. If the deposit interest…

A: The value that depicts the value of the asset at a date in the future based on the rate of growth is…

Q: Government gains revenue through (Click to select) vand expends money through [Click to select)…

A: The government's main source of earning money is tax collection. Other sources of earning money are…

Q: Refer to the diagram. Other things equal, the money demand curve in the diagram would shift leftward…

A: Graph Explanation: The Y-axis of the graph shows the interest rates and the X-axis shows the…

Q: If marginal utility is declining but still positive, total utility is increasing.  True or false…

A: The utility is the satisfaction received from consuming a good or service.

Q: Natural resources are a curse for those regions where resources are located.

A: Resources: An asset is a service or other resource that is utilized to develop labor and goods that…

Q: Marc is paid on a graduated commission scale. For the first $10,000 of sales his commission is…

A: There are various schemes being offered by various organisations in order to increase the sale…

Q: Question 14 Becky is a corporate account manager at a company that sells athletic equipment to other…

A: Given information: Becky receives a monthly salary of $2000 plus commission on any new sales.  Last…

Q: Demand Supply Triangle P2

A: Consumer surplus is defined as the distinction between the consumers' willingness to pay for a item…

Q: is, the inverse demand function is P= 20 – 0.001Q, on weekdays, it is P=12 – 0.002Q. You acquire sto…

A: *Answer:  Price discrimination is a selling technique that charges clients various prices for a…

Q: Question A13 Okun's law implies that: A Changes in the unemployment rate and GDP growth rate are…

A: "Okun's law is named after Arthur Melvin Okun, who first proposed the law in 1962 indicating that…

Q: You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?

A: Given: The cost of the watch is = $45.50 The tax on the watch is = 7.5% To Find: The final cost:

Inflation and Purchasing Power Theory

In economic terms, Inflation refers to the increase in the costs of various commodities which are used in daily lifestyle like food, clothes, transport, etc. over a specific time. It may lead to a fall in the purchasing power of the people and also affects the exchange rate of the currency because of the price increase. As the purchasing power falls the unit of the currency in the economy falls. When the prices of the commodities are decreased, then the purchasing power of the consumers will rise, then it will lead to deflation and changes the currency of the base economy to that of the foreign economy which will lead to change in exchange rates.