to classical economists: (a)    Individuals wish to hold money only as a precaution (b)   Individuals do not hold money for either precautionary or speculative reasons (c)    The velocity of money is not constant but is predictable (d)   The velocity of money is not

Q: What is an economic bubble? A product of illegal asset trading. Assets that are worthless. The start...

A: Economic bubble refers to an economic cycle which shows rapid growth in an economy but good by a con...

Q: A tariff means increased revenue for the government. True False

A:     A tariff is a type of tax imposed on imported goods. The imposition of tariffs increases the pri...

Q: Subsidies can be in different in forms. These includes ____________.  tax holidays Cash grants All ...

A: The form of financial support or aid being provided which extends to an economic sector having the a...

Q: Your island economy has been thriving for many years now, and has grown large, with many people, ser...

A: Introduction GDP of a Island is equal to C+ I+ G + NX, here C is the consumption, I is the investmen...

Q: QUESTION: What is the difference between price inelastic and price elastic

A:   Meaning of Microeconomics: The term macroeconomics refers to that situation under which the econom...

Q: Prices of gasoline change rapidly if something interrupts the oil supply. How responsive do you beli...

A: Answer -

Q: Question 1 The following table gives the daily supply and demand for mochi-ice cream at a store: Tab...

A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: (1) Suppose the production function is instead y3ga+ɛ, where g > 0 indicates the productivity of a p...

A:  

Q: Question 2 Given the relation R with attributes A, B, C, D, and E, and the following functional depe...

A: Answer-

Q: The price of widgets has increased from $4 to $12, causing the quantity supplied to increase from 20...

A: The mid point formula for price elasticity of supply: ed = [(Q2-Q1) / (Q2+Q1)/2] / [(P2-P1) / (P2+P1...

Q: Covered interest parity implies that Arbitrage is riskless, and the foreign return, adjusted for the...

A: Note:- “Since you have asked multiple question, we will solve the first question for you. If you wan...

Q: 2. Suppose the marginal cost curve for a perfectly competitive firm is MC = 10q + 80, where q is ...

A: "A perfectly competitive firm will maximize it's profit at a point where price of output equates the...

Q: 80 400 500 100 320 450 120 240 300 140 160 200 160 80 120 a. Calculate your price elasticity of dema...

A: Price elasticity of demand is a measurement of the change in the consumption of a product in relatio...

Q: pls, solve this ques within 10-15 minutes with clear explanations and also explain why other options...

A: In this situation Mark Lai, a student of agricultural science in the developing country Mikatra has ...

Q: A small open economy is described by the following equations: C = 50+0.75(Y-T), I = 200 -20r, NX = 2...

A: LM curve shows the direct relationship between interest rate and output. It means as the interest ra...

Q: 2. Transportation Problem You have a textile business supplying to several garment houses in your re...

A: Introduction Here 3 warehouse A, B and C has given and 3 garment house X, Y and Z also has given. He...

Q: 1) Suppose x, p, a represent demand, price, and a constant respectively. Show how you can interpret ...

A: a) According to the information given in question, coefficient βin ln(x)=βln(p)+a represents a 1% ch...

Q: What do you think is the role of the government in qualifying the effects of disaster?

A: Governments have an inherent responsibility to provide for the well-being of those they govern. The ...

Q: The primary focus of energy economics is how: Group of answer choices a-Energy produ...

A: "Correct option c."

Q: The following equations describe the long-run situation for prices and costs, where the numbers indi...

A: Answer-

Q: How much is accumulated for a savings plan with a deposit P1, 900 today at 13% compounded quarterly ...

A: Given: Deposit=P=$900 Rate of interest=i=13% Time=t=2 years Compounded in a year=n=Quarterly

Q: 1. What is the overall criterion that drives TRIZ?

A: To find : Overall condition that drives triz. 

Q: pls answer this question 9-5 & 9-7 only in ur words within 15-20 minutes without any plagiarism...

A: Answer - "Thank you for submitting the questions.But, we are authorized to solve one question at a t...

Q: Why is well-functioning financial system is a critical ingredient in achieving long-run growth? It e...

A: Financial markets (such as those in which stocks or bonds are traded), securities (from bank CDs to ...

Q: Output per worker Country ... Australia Brazil 200 Sleds Clarinets 300 2 Good Suppose that Australia...

A: Absolute advantage and comparative advantage are two important concepts in economics and internation...

Q: Discuss how economic forces influence decisions about pay. Do U.S. companies pay their chief executi...

A: Government has certain tax revenue with them, as a result of which they have to carry expenditure on...

Q: le and female workers in 1970 are given by: Wm = 500 + 100s Wr = 300 + 75s 14 years of schooling and...

A: *Answer: 

Q: If demand is steeper than supply, this means that Select the correct answer below: producers pay a l...

A: consumers pay a larger proportion of tax Option 2nd is correct. Consumers will bear more of the tax ...

Q: Regulating Monopoly Suppose you are an analyst for a board that regulates local monopolies. Your sup...

A: We will answer the first question since the exact one was not specified. Please submit a new questio...

Q: A competitive labor market offers traineeship programs. During the training, employees of type 1 wil...

A: The equilibrium compensation and work level are resolved where the market demand for labor rises to ...

Q: In March 2007, the U.S. unemployment rate was 4.4 percent. In August 2008, the unemployment rate was...

A: The labor force is the summation of employed workers and unemployed workers. The employed workers ar...

Q: A free trade agreement is characterized by Select the correct answer below: O coordinated monetary a...

A: Answer: Free trade agreement: A free trade agreement is a pact signed by two or more countries to tr...

Q: Last month Jem purchased $10.200 of US Treasury bonds (their face value was $10,.200). These bonds h...

A: Bond valuation is a technique for determining the theoretical fair value of a particular bond. Bond ...

Q: Explain why LAC is called the envelope curve further bring out the difference between economies of s...

A: The LAC curve will be a smooth curve that encircles all short-run average cost curves, hence the ter...

Q: Consider a used-car market with asymmetric information. The owners of used cars know what their vehi...

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...

Q: has $11,000 and she wants to invest in financial market. There are two ty ts. The first one guarante...

A: *Answer:               

Q: Insurance exchanges: A. are government-regulated markets where individuals can purchase health ins...

A: C. are government-regulated markets where prices are set directly by federal regulators. Option "C" ...

Q: Benefits of government regulating banks.

A: Bank regulation is basically a kind of govt regulation that, among other things, sets certain rules,...

Q: Companies often choose to build plants compliant with stricter environmental standards when they loc...

A: The lax environmental standards are those standards that are less strict in nature. This implies fir...

Q: Which of the following statements is incorrect? Group of answer choices Private markets are organize...

A: Here, information about the exchange of securities between savers and investors are given.

Q: Sally eats at the local burger restaurant. Suddenly the restaurant lowers its prices. A - In respons...

A: Answer:-  A) You can't do it. Because Sally frequents the burger joint, lower burger prices imply th...

Q: PIX company is considering licensing a water treatment system. The company can purchase a one-year o...

A: Given, PIX Company is considering licensing a water treatment systemOne-year purchase : P150,000Lice...

Q: 2020 quantity 50 20 5 Assume a hypothetical economy where consumers buy only potatoes, meat and fish...

A: Inflation is the rate at which the value of a currency is falling and, consequently, the general lev...

Q: Refer to the information provided in Table 9.4 below to answer the questions that follow. Table 9.4 ...

A: We have given consumption function: C = 100 + 0.9Yd Differentiate C w.r.t Yd to get MPC MPC = dC / d...

Q: Using the model for a closed economy, if the nominal wage is $40 and we have a Cobb-Douglas producti...

A: Cobb Douglas production function: Y = KαL1-α α=0.2 (Given) => Y = K0.2L1-0.2 => Y=K0.2L0.8 ---...

Q: Will an unregulated monopoly end up with normal or with economics profits?  Why or why not?

A:  A monopoly is a market structure in which there is a sole seller and has control over the market st...

Q: Suppose the price elasticity of demand for education at a certain university is 1.40. The university...

A: The price elasticity of demand for education at a certain university is 1.40 The university decides ...

Q: How is a patent obtained? Select one: O a. automatically O b. register a grant application with USPT...

A: Patent is a license which is given by the government, granting a right to someone for a period of ti...

Q: In trade policy a balance must be stricken between Select all that apply: importers and exporters do...

A: The answer is -  Option 2. domestic business special interests and domestic consumer interests. Opti...

Q: We have recurring positive cash flows of $7500 every year from period 5 through period 10 (relative ...

A: Answer:- $30518