There always has to be some unemployment, because O there are always some people changing jobs, and it takes time to find a new job. O there are always some people in the labor force who are not qualified for any job. O there aren't enough jobs in the economy for all the available workers. O the average level of wages in the labor market is too low.

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A: Macroeconomics is the study of the behavior of a whole economy, such as a market or other large-scal...

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A: We can find the equilibrium GDP by the following formula: Y = C + I + G + NX where,  Y is equilibriu...

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A: A rise in money supply fuels inflation in the economy. 

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A: The connection between the consumer spending and the different factors that influence it is known as...

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A: Capitalism is the type of economy where the full control of the market is in the hands of the privat...

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A:

Q: A monopolist with a marginal cost MC = 2 faces two types of customer groups. Type 1 has it inverse d...

A:

Q: Question 18 On March 15, 2024, the Federal Reserve Board anpognced that commercial banks cannot lend...

A: Given:Reserve ratio=10% (100-90)Initial injection of money=$8 billions

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A: Sunk cost, in business and economic term, an expense that has proactively been brought about and tha...

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A: Lenders are the source of the supply of loanable funds. These can be consumers or institutions that ...

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Q: As we know everything hsa and every subject has its laws, Define the laws of Economics?

A:

Q: A friend of yours mentions to you that his PIBP for a shirt is a range of $40-$50. What argumen can ...

A: This answer is as follow

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A: Given as, Demand = Q = 250-2p p = 115-Q/2 TC = Total cost = 450+40q Q = Q1+Q2

Q: What does Adam Smith use “pins” to illustrate? Why is this important?

A: Classical school of thought believed in the automatic correction of the market, any disequilibrium i...

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A:

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A: The free rider problem prevents individual investors from producing enough information to eliminate ...

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A: We have, Q=400L-20L2+600K-10K2 Cost of labor = $20  Cost of capital = $30 Budget = $660

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A: Answer: Price bubble: it refers to the continuous rise in the price of an asset that is above the no...

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A: Endogenous variables are those variables whose values are determined in the model. It is also called...

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A: Consumer surplus is the area below the demand curve and above the price line.

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A: According to adam smith, the needs of an individual lead to a self-interest behavior that creates so...

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A: In the mentioned question we have been asked the total expected income for the week.

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A: Answer is given in the attached image:  

Q: If the multiplier is 5 , what is the marginal propensity to save (MPS)? 5 0.20 0.80 0.50

A: The value of multiplier is given to be as = 5  We have to calculate the value of marginal propensity...

Q: Assume 10% interest. A proposed project has the following costs and benefits: Year Costs Benefits $3...

A: It takes time for a project's initial cost to equal the discounted value of expected cash flows or t...

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A:

Q: We plan to compare economically two design altérnatives (A añd B) Tor a heW Plde (the Scream Machine...

A: given that, Investments in machines A and B are $300000 and $450000 Annual revenue for machines A an...

Q: Consider a simple economy with a single good: bread. There are 5 loaves of bread and two potential c...

A: Concept Pareto efficiency, also known as Pareto optimal, is an economical situation in which resourc...

Q: Suppose an economy has an MPC = 0.875. 1. If government spending increase by $100, how much wi...

A: In economics, the marginal propensity to consume is a metric that quantifies induced consumption, th...

Q: ts Keep the Highest /3 nsumer Surplus e buys an iPhone for $150 and gets a consumer surplus of $200....

A: Equilibrium is achieved at the output level where Qs equals Qd

Q: Civilian Employment = 157722 Unemployment = 6270 Not in Labor Force = 99333   Use the values abo...

A: Here, information about employment, unemployment and not is labor force is given.  To find: Working-...

Q: answer only question 8 pls

A: The central bank is the bank that regulates the money supply in an economy. It means as the money su...

Q: If Mexican exports to Canada decline by $14 billion, by how much will Mexico's aggregate spending dr...

A: Aggregate Spending = Aggregate Expenditure = Consumption Exp (C) + Investment Exp (I) + Govt Exp (G)...

Q: A: How can explain the micro economics in this advanced age? B: Define the term production?

A: Answer for A part:

Q: The equation D(x) = 208(1.257)* represents the annual number of debit card transactions in Canada, w...

A: We have given  D(x)=2081.257x               .... (1) Where D is in million and x is in years since 1...

Q: Quantity Marginal Utility Total Price Demanded Utility $14 1 $12 2 $10 $8 $6 2 m4 5

A: The term Utility means the maximum amount of satisfaction a consumer of the goods derives out of it....

Q: 2) Explain the relationship between short run ATC and MC and why ATC is U-shaped in short run?

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

Q: Find the Total Market Sales using the information above: Number Find the Total Sales for the Top 4 f...

A: A market is a physical location that facilitates the exchange of goods and services between customer...

Q: (7) For each situation, solve for the Stackelberg equilibrium 7a) Suppose Sarah’s constant MC is $5 ...

A: As per given data,  We solving stackelberg, Joe moves first. 

Q: Suppose that the price elasticity of beer demand is 0.8 (Ea = 0.8) and the price elasticity of beer ...

A: The formula for determining the consumer's tax burden is: (Elasticity of Supply)/(Sum of both elasti...

Q: briefly explain returns to scale.  Explain the variable costs in the cost function

A: returns to scale allude to the rate by which result/output changes on the off chance that all source...

Q: The following table gives nominal GDP and the price index for two years. Find real GDP in each year,...

A: Here, the given table provides information about nominal GDP and price index  for 2010 and 2011.