True or false Technological advancements is necessary for the economic growth in a country.

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A: An entrepreneur in the market trades to earn some monetary benefits. Benefits are based on the cost…

Q: give an example of an existing economic interaction that exhibits moral hazard. describe the setting…

A: Moral hazard refers to the concept that signifies that an individual has the opportunity to change…

Q: Which ONE of the following is NOT a measure of inflation?   A. RPI   B. CPI   C. CPIH   D.…

A: Inflation is a situation where the purchasing power of money gets reduced owing to an increase in…

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A: Interest rate refers to the amount charged over and above the principal value by the lender from the…

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A: Currency is a medium of exchange, such as paper money or coins, used to purchase goods and services.…

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A:

Q: Suppose that you have data at the individual level that includes information on the price of a…

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Q: In the aftermath of the 2008-2009 financial crisis in the US, the output gap fell by 8% and the…

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Q: Ever-rest sells its mattresses for $960 less 25%. Posture-Perfect mattresses are listed at $880 less…

A: Trade discount is alluded to as the discount that is presented by a seller to the buyer of the…

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A: A tax is a necessary fee or financial charge imposed by a government on an individual or an…

Q: BASKETS 30 25 20 15 O 10 5 0 0 + 1 2 3 4 TEA TOWELS 5 6 7 8 o Initial PPF A New PPF Suppose Crystal…

A: Opportunity cost is the cost of producing good in terms of other good.  Opportunity cost shows the…

Q: Explain why there is no profit-maximizing level of output for a firm with increasing returns to…

A: Increasing returns to scale: Returns to scale determine the proportional rate of output growth with…

Q: Suppose that in the fictional country ASU in 2012, a mandate was passed where everyone between the…

A: Given: People in an age group of 23-25 get the insurance at a discounted rate People in an age group…

Q: Article Link: https://bit.ly/3fbNtrF The following graph represents the market for high-emissions…

A: Marginal buyer is the one who is willing to pay the equilibrium price and will leave the market if…

Q: Can you give an specific example that includes two economic terms?

A: Economic terms refer to specific words and phrases that have specific meanings within the field of…

Q: What do you understand by the term deindustrialisation, explain the differentforms it can take?

A: Deindustrialization is a process of economic change in which a country or region shifts away from…

Q: Which of the following is a possible impact of a global saving glut on a small OPEN economy?…

A: Global saving glut: The global saving glut is an economic phenomenon that is classified by the…

Q: Solve for the unknown single payment amount in below cash flow diagram. Confirm that it should be…

A: The downward pointing arrow is an indicator of a negative cash flow while an upward pointing arrow…

Q: Pfizer, an American multinational pharmaceutical and biotechnology corporation just signed a…

A: A volatile exchange rate is one that fluctuates frequently and unpredictably. In this case, the…

Q: 6. Multiple Chunce Question. Which of the following are likely the medium-run effects of a decrease…

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A: Balance of payments is the record of money coming into the country and flowing out of the country.…

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Q: 1. What is the optimal allocation of each of the goods within budget? 2. What is the marginal rate…

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Q: Exercise 7.1 (Poverty Trap). The countries South Growana (SG) and North Growana (NG) have the same…

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Q: Suppose that the inverse demand for eggs is P = 12 -0.01Qd, and the inverse supply of eggs is P = 2…

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Q: What quantity will maximize total net benefits? What is the marginal benefit at the optimal…

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Q: 1) How can a government respond to externalities?   A) With command and control policies   B)…

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Q: The following diagram presents a circular-flow model of a simple economy. The outer set of arrows…

A: The circular flow model illustrates the movement of goods and services, money and other economic…

Q: Why there are sudden inflation in agricultural commodities like onions or shallots?

A: Inflation refers to a sustained increase in the general price level of goods and services in an…

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A: Average product refers to the output obtained from the per unit of inputs of variable factors. The…

Q: Discuss The relationship between change in price and total revenue depends on the elasticity of…

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A: Price control is done by the government to redistribute the economy's resources in order to…

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Q: 6. Under what conditions might the Justice Department approve a merger between two companies that…

A: In economics, Herfindahl–Hirschman Index (HHI) can be defined as an approach to determine the market…

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Q: a. List down 3 major inventions from the 20th century to present that facilitated globalization. b.…

A: The term "globalization" describes the growing interdependence and interconnection of nations,…

Q: In reconciling the indications of value given by each of the three approaches the appraiser should…

A: When an appraiser uses multiple approaches to value a property, they must reconcile the indications…

Q: "What Should be a Fair Minimum Wage in the United States and Why?"

A: Minimum wages are the lowest level of remuneration that an employer must pay wage earners for labour…

Q: You can buy a property today for $3 million and sell it in 5 years for $4 million. (You earn no…

A: Rental income is the income received from renting out a property. It can be in the form of money, or…

Q: If Microsoft earned 0.85 dollars per share in 2000, what is the rate of interest applied for…

A: An interest rate refers to a percentage that is charged on the principal (original amount) of a loan…

Q: The table shows data for changes in nominal GDP, the price level, and population in 2013. Use these…

A: GDP, Gross Domestic Product is the value of final goods and services produced in the economy within…

Q: What are you going to do if your suppliers and customers shy away from you ? Are you going to close…

A: As my suppliers are customers shy away from me, As the owner of my business I will follow the below…

Q: 3. The accompanying graph (bottom of this page) summarizes the demand and costs for a firm that…

A: Disclaimer- “Since you have asked multiple question, we will solve the first three subpart of 1dt…