To reduce the money supply in the economy, the Fed would: engage in actions to increase interest rates. carry out open market purchases and increase the interest rate paid on reserves. carry out open market sales and lower the interest rate. O carry out open market purchases.

Q: a duopoly faces an inverse market demand of: p= 330 – 391 - 3q2. ou are told that firm 1 is the lead...

A: In the stackelberg Model, leader firm produces more than the follower.  

Q: What sampling technique is used?   In a research class of 40 students, the teacher divides the cla...

A: Sampling is the process of selecting a specific number of observations from a larger population. The...

Q: 4. Understanding different policy options to correct for negativeexternalities Carbon dioxide emissi...

A: Answer: The policy options that can correct negative externalities are given as: (1). Corrective tax...

Q: Price and Cost ($) Given the information from the figure, if price equals $0.40, the firm should ATC...

A: "A profit maximizing firm shut down when the market price for it's commodity or service is lesser th...

Q: Sam promises to pay Ş200 per month to a local police officer, Brenda, (who is already paid a salary ...

A: People frequently participate in trade proposals for the exchange of services in their daily lives. ...

Q: The growth of total factor productivity is equal to the growth in real GDP... O a. Accounted for by ...

A: The measure that depicts the total value of goods and services being produced in an economy during a...

Q: Fill in the blanks using the number that correspond to the correct word or phrase in the word bank b...

A: We know that in this world resource is limited, and economics is all about the study and allocation ...

Q: Fill in the blanks with the mumber that correspoods to the correct word or phrase from the word bank...

A: Economics is defined less by the issues that economists study and more by how economists study them....

Q: Suppose the government borrows $20 million more next year than this year. a. Draw and fully label a ...

A: PLEASE FIND THE ANSWER BELOW.

Q: Year Unemployment rate(%) 20XX   7.3 30XX   7.9 40XX   6.8 50XX   5.6 60XX   4.8 70XX   4.0 80XX   3...

A: The trend of the unemployment rate over the years from 20XX to 80XX can be explained as follows:

Q: Question 7 The fact that in the USA, a municipal bond could have a lower yield compared to federal g...

A: Municipal bonds are issued by municipal corporations.  

Q: Consider the following information on aggregate income, consumption expenditure, and planned investm...

A: Formulas: 1. Saving (S) = Income (Y) - Consumption(C) 2. MPC = ∆C/∆Y 3. MPC + MPS = 1

Q: Does a relationship exist between increasing returns to scale and long-run average cost? Ex with the...

A: Economies of scale or increasing returns to scale are utilized conversely; both implies to a fall in...

Q: e in this western province passes laws that make it easy for workers to join a union. Through collec...

A: Equilibrium is achieved at the level where Ls equals Ld

Q: Description Throughout this Quiz, we will consider of an industry with either one or two firms in it...

A: Considering both firms to be profit maximizing: IN case of bertrand competition where firms charge p...

Q: In a perfectly competitive market, the market price is $2, and firms are producing 100 units. At a q...

A: In a competitive market, the firm produces output where P= MC and for given price it gets the payoff...

Q: A gambler plays roulette 2500 times, staking $1 on the number 10 each time. The bet pays 35 to 1, an...

A: Given that; A gambler plays roulette 2500 times, betting $1 each time on the number 10. The bet pays...

Q: a tern utility function of the form u(w) = Vw. What would the ndividual be willing to pay for a lott...

A: As it is given lottery pay =$1,000,000 probability =0.0015

Q: Please discuss the concept of the Balance of Payment account. Further, discuss the three components ...

A: BOP keeps track of all transactions that affect a currency's demand and supply. . Assess a country's...

Q: There are only two brands of tennis balls Tom purchases: "Wilson" and "Penn." The more he purchases ...

A: Here,  correct option is (c) Tom is increase his satisfaction by doing nothing. Because,           T...

Q: Briefly describe the demirits of state enterprise in the field of national income?

A:

Q: Suppose you are interested in studying the effect of education on wages (controlling for IQ and pare...

A: wagei=β0+β1educi+β2IQi+β3ParInci+∈i Education (educ) = in years Weekly wages (wage) = in $ Intellige...

Q: . Country A has a tariff on imported TVs. But, the new government of Country A decided to charge onl...

A: We find that country A has made a trade union with country B.

Q: 2. Consider the following utility function: u(x, y) = x² + y. (a) Derive the optimal utility maximiz...

A:

Q: Suppose that nominal GDP was $20 trillion in 2040 in Bedrock. In 2050, nominal GDP was $18 trillion ...

A: The nominal GDP in 2040 was $20 trillion The nominal GDP in 2050 was $18 trillion ------------------...

Q: The International Monetary Fund (IMF) and the World Bank (WB) have similarities except: a. Hold jo...

A: The international monetary fund is related to providing financial support to the countries while the...

Q: If the inflation rate is 7% per year and you want to earn a real return of 10% per year, how many fu...

A: PLEASE FIND THE ANSWER BELOW.

Q: 8. Before NAFTA, the wages of workers in Mexico were lower than in the US. What can we guess about t...

A: The North American Free Trade Agreement (NAFTA) is a trilateral agreement between Canada, Mexico, an...

Q: supposed to utilities, peoples electric and municipal Energy, each produce 100 tons of pollution per...

A: In economics, utility refers to the complete pleasure derived from the use of an item or service. Co...

Q: TRUE or FALSE. If the statement is correct, write TRUE on your answer sheet. If the statement is inc...

A: The substitution effect is the decrease in the sales of products due to higher prices and switching ...

Q: In the short term, a firm cannot vary its capital and operates with K = 9.  It can, however, vary th...

A: By differentiating the production function with respect to labor, we get the marginal product of lab...

Q: 1. You work for a beer company. Your boss wants to increase yearly sales by 5000 liters. To reach th...

A: 1) It is given that the price and the demographic composition of market is constant. Hence these two...

Q: A firms production function is Q(L)=15L2-0.1L3, where output (Q) is a function of a single input lab...

A: For finding out the maximum value of any function, we need to derivative it and put it equal to zero...

Q: The fact that in the USA, a municipal bond could have a lower yield compared to federal government b...

A: In the United States, different interest rates are associated with different types of bonds such as ...

Q: The following is information for a perfectly price discriminating monopolist. Demand: P = 87 - 0.021...

A: Equilibrium quantity can be determined when; Price(P) = Marginal cost(MC)

Q: Tariffs have mixed implications for citizens depending on their industry and position within it. The...

A: The official tariff rate was meant to discourage the import of finished goods and stimulate domestic...

Q: pse that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. Thes...

A: A non-profit organization is a gathering coordinated for purposes other than creating profit and in ...

Q: -4. In a discriminating monopoly, the total demand function is P = 100 segmented markets are 2X and ...

A:

Q: Suppose the economy of Canada is governed by the following consumption function, investment function...

A: Given information C=300+0.6(Y-T) I=700-80r G=500 T=500 Money demand=Y-200r Money supply=2 P=4  

Q: uppose that the market demand for a certain product is given by P=370−2QP=370−2Q, where QQ is total ...

A:

Q: Suppose there are only two goods - Food (F) and Shelter (S). The demand equations for these two good...

A:

Q: L consists of M2 plus all other products that may be transferred into money. Lis the most liquid cat...

A: One definition of a liquid asset is readily convertible into money. Cash is the most significant kin...

Q: 1. Suppose that the demand curve for a particular high-end designer purse in a medium-sized city is ...

A: The equilibrium price is the price at which the quantity demanded equals the quantity supplied. It i...

Q: A sudden increase in food and energy prices... O a. Makes inflation targeting harder because these a...

A: The difference between the present level of real GDP and the GDP that would exist if an economy were...

Q: Question 4 A "deterioration of lending practices" occurs when: O lenders require larger down payment...

A: When borrowers are subjected to unfair, deceptive, or abusive loan terms, "predatory lending" is use...

Q: Two In the market for sugar, there has been a discovery of a new technology for more production of t...

A: As a result of the acquisition of new technology for further production of goods, supply is increasi...

Q: During calamities, such as typhoons, fires, or the ongoing pandemic, the government provides assista...

A: A budget line depicts the combinations of two commodities that a consumer can consume given a budget...

Q: Question Three In the market for Corn kenkey (INFERIOR GOOD), consumers’ income has decreased. In th...

A: Here, it is given that Corn Kenkey is an inferior good and there is a change in consumer income as w...

Q: Which of the following parameters produces the largest fluctuations in real GDP from an autonomous e...

A: The multiplier value depends on the value of MPC, Tax and marginal propensity to import.  

Q: Bank West's Balance Sheet Assets Cash $500 Deposits at Bank of Canada $700 Loans and Mortgages $1980...

A: The reserve ratio is the percentage of reservable liabilities that commercial banks must hold rather...