The World Bank estimates that half the world’s people survive on less than $2 per day. How do you think this situation affects the political stability of the world? Explain your answer.

Q: Suppose that many similar price-taking consumers have a single good (candy bars). Jane has a monopol...

A: The contract curve, also known as the Pareto set, is a set of points that reflects final allocations...

Q: The following table shows the amounts of five different goods that are included in a particular repr...

A: Price index measures the average change in prices of group of goods over time. 

Q: Which one of the following is true about Planning Commission?

A: To find : Which is true about planning commission. 

Q: Why do you think technology is important in your studies?

A: Answer to the question is as follows:

Q: In the following game, identify how many subgames there are. Then, solve the game to find its subgam...

A: The game has 4 sub-games which are as follows: 1) Subgame for actions W and X 2) Subgame for actions...

Q: 1. What are the advantages and disadvantages of collusion ?  2. In a stackelberg game, what is the...

A: 1. Collusion is the tacit cooperation or agreement of two or more people to deceive others in order ...

Q: Voters in California are able to vote on propositions to create their own laws and through this proc...

A: In the California, it can be seen that voters can vote on propositions so that they can create their...

Q: Question 17 If the production function of ideas in the economy is as follows %3D then the function e...

A: 17. If we double both inputs the output is more than doubled, but if we double only the stock of kno...

Q: Part E On the attached graph paper, draw the Supply Curve for the Supply Schedule below. Anton's Bar...

A: Supply Curve: - supply curve is the graphical way of showing the relationship between the quantity s...

Q: Which of the following did A. W. Phillips demonstrate in his famous Phillips curve? An inverse relat...

A: An economic theory proposed by A. W. Phillips states that inflation and unemployment have an inverse...

Q: the government implements a subsidy so that the prices of intermediate inputs go down.

A:

Q: What is a  problem of a government running a large Debt (e.g., debt/GDP ratio of over 100%)?   Ques...

A: At the point when a government's consumptions on products, administrations, or move installments sur...

Q: How does each FACTOR/ DRIVER contribute to globalisation?

A: Globalization is defined as the process under which technology, goods, services, jobs and informatio...

Q: aggregate expenditures of the hypothetical country shown includes $2 billion in investment expenditu...

A: GDP = gross domestic product  AE= C+I+G+X-M GDP = Y AE = aggregate expenditure  C = consumption  I =...

Q: 1. A business is generating $100,000 per year for the next ten years except year 5 (used for overhau...

A: Given: Income per year except Year 5=$100000  Interest rate=10%  

Q: Poverty Climate Change Overpopulation Civil Rights and Racial Discrimination Gender ...

A: Evolution of money, since the ages has been of great of importance.Currently money is used in the fo...

Q: Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA f...

A: SV = 17,500 P = 60000 TIME = 5 Years  rate = 10%

Q: A widget has an opportunity cost of 4 wadgets in Saudi Arabia and 2 wadgets in the United States. Gi...

A: Given : A widget has an opportunity cost of 4 wadgets in Saudi Arabia and 2 wadgets in the United St...

Q: A remotely located air sampling station can be powered by solar cells or by running an electric line...

A: Using the FV calculation, investors may make educated guesses about how much money they can expect t...

Q: Exercise 2 Utility 1. Muhammad derives utility from only two goods, curry (Qc) and drinks (Qd). Muha...

A: The information given is:- We have two goods:-  Curry - Qc  Drinks - Qd Income of Muhammad = RM240 P...

Q: 2. ENUMERATE SOME COMPARISONS AND CONTRASTS OF THE CONCEPT OF DEMAND AND CONCEPT OF SUPPLY. Give 5 e...

A: Demand and supply are two essential components of a market that determine the equilibrium quantity a...

Q: two-good model, a consumer starts with an intial endowment of 10.00 units of good 1 and 13.00 units ...

A: Answer to the question is as follows:

Q: Today, Americans recycle what percentage of their municipal solid waste? 15 percent 28 percent O 33 ...

A: The 292.4 million tonnes of municipal solid waste (MSW) generated in 2018 are classified into two ca...

Q: TRANSNATIONALITY examples

A: To find : Example of transnationality. 

Q: How did Marxism challenge the prevailing political and economic traditions?

A: Marxism Marxism is a basically a social and political worldview that encompasses Marxist class confl...

Q: 2. Sort these events and consequences into pairs. Match the free market transaction with the externa...

A: Externalities means positive or negative impact on third person due to economic activities done by a...

Q: Suppose that a matching function is given by M=em(Q,A)=Q0.3A0.7. Suppose that A=1000, and 2000 match...

A: The equation is already given: M = Q0.3A0.7 A=1000 and M=2000 We substitute these equations to find ...

Q: Suppose people in the adult population in a small country are classified based on their age. Labor F...

A: Labor force participation rate= Labor forceTotal population*100 where the labor force is the sum of ...

Q: What effect does a per-gallon tax on gasoline have on the market for gasoline? Who pays for the incr...

A: The per-gallon tax on gasoline market significantly affect the market for gasoline. Due to impositio...

Q: 1. 10% Compounded Yearly = Blank 1 2. 10% Compounded Semi-annually = Blank 2 3. 10% Compounded Quart...

A: Effective Interest Rate = EAR EAR = (1+i/b)n - 1 Where: i = Stated annual interest rate n = Number o...

Q: In less than 8 sentences, look at the economies of the rice market, you can provide a hypothetical p...

A: The supply and demand of a product can be affected by the price, at a different level of prices, sup...

Q: The management of a large chain of convenience stores has noticed that customers in affluent neighbo...

A:

Q: Complete the ollowing table to whether Kenji is correct. Price Quantity Demanded Total Revenue Total...

A: A monopoly occurs when there is just one seller in the market. S/he always tries to maximize profit....

Q: e. Finally, assume the consumer is part of a partial insurance plan with a copayment provision. Her ...

A: Your costs for health insurance aren't repaid by protection. Out-of-pocket costs incorporate deducti...

Q: In what way can the government help lessen unemployment in the country?

A: Government can adopt demand and supply-side policies to reduce unemployment.

Q: We have looked at different methods for calculating the cost of meals (food cost + production cost +...

A: Actual food costs can be used for the calculation of meal costs. A cost-plus pricing strategy can be...

Q: Consider country A, which is a closed economy. Suppose that A’s private saving is 280 and investment...

A: As per the information given in question, in country A saving and investment identity is : private s...

Q: Question 3 3(a) Use your knowledge of the Classical model to write down an equation that explains th...

A: Dear learner you have posted a question with multiple subparts, we have solved only first two sub pa...

Q: A production function is given by q=4L^( 2/3 ) k^ ('/?) where L = labour, k = capital. (a) Find beha...

A: (a) q=4L23K13Now,Marginal Product for labour is,∂q∂L=MPL=4(23)L-13                     =83L-13Margin...

Q: What is the purpose of global interstate and the role of global governance in globalization?

A: Globalization: When we consider the concept of globalization then it means that countries will open ...

Q: Machine A costs Q10,000.00, with a recovery value of Q4,000.00 at the end of 5 years and has annual ...

A: To make a comparison between two machines based on their annual costs : 1 .) We compute cash flow of...

Q: Q3: If you have the following data: price (8,4,5,6,7) and quantity (5,4,3,2,1) and the desired hypoc...

A: Here, the given data provides information about the price, quantity and desired hypocrisy of the peo...

Q: A manufacturer sells two products, A and B and had raised the prices of the two products recently to...

A: In economics, price elasticity of demand is a measure of the change in a product's consumption when ...

Q: Question 2 In the context of the monetary approach to the determination of the exchange rate, what i...

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

Q: 11. What are remedies for "free ridership" on a team? a. Address the free rider to find out why not ...

A: The free-rider problem is a sort of market failure that happens when people who profit from communal...

Q: Using the 3-equation model and provide a detailed period by period description of the adjustment pro...

A: The total quantity of demand for all completed products and services produced in a given economy is ...

Q: The Superior Jumpdrive Company sells jump drives for $10 each. Manufacturing cost is $2.60 per jump ...

A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts fo...

Q: How big is a billion?

A: The money supply in an economy is controlled by the central bank. The central bank used various mone...

Q: In the short-run framework, budget deficits should: Choose correct and explain why never be run sin...

A: A budget deficit refers to a condition when government expenses exceed government revenue.

Q: Suppose the maintenance for a piece of equipment costs P2,669 on year 1 and increases by 5.69% every...

A: Cost is the expenditure that is incurred in producing goods and services. It means the total cost is...