uProvide 2 substantive Discussion Question's each week. postings to each of the 3 1. Describe the tools and components of supply-side policy. Provide 2 substantive postings to each of the 3 Discussion Question's each week. 2. What are the principal sources of economic growth? Provide 2 substantive postings to each of the 3 Discussion Question's each week. 3. Explain the policy tools necessary for

Q: Two farmers Anil and Bala are each deciding how to deal with pest insects that destroy the their…

A: Pareto efficiency is a situation when no one can be made better off without making at least one…

Q: (a) Determine effect of a decrease in income tax on consumption and labor supply. Explain your…

A: To illustrate question (a), we would need some specific functional forms for utility and the wage.…

Q: Consider table 3.1. What is the dollar amount of average variable cost per unit at the production…

A: The expenses incurred by an individual or firm in the process of producing a good or providing a…

Q: Suppose life expectancy in years (L) is a function of two inputs, health expenditures (H) and…

A: The marginal product of a business is the additional output created as a result of additional input…

Q: if the reverse requirements is 8% and a banker's new deposit are$50.what is the M1 money supply

A: According to the question the value of Reverse requirements = 8% or 0.08   Also the New deposit =$50…

Q: Show how the deadweight loss varies in the airline market as the number of firms increases from one…

A: The loss of economic efficiency that occurs when the equilibrium in a market is not Pareto optimal…

Q: In class, we showed that if a risk adverse consumer was offered "fair" insurance (i.e. 7 = ), she…

A: Risk aversion is a concept in economics and decision theory that describes an individual's…

Q: Suppose that Malika is a diligent third-year college student. One Friday, she decides to start the…

A: Opportunity cost refers to the value of the next best alternative that is foregone when making a…

Q: 3) Amazon and Target both sell the new Xbox, and have a choice whether to charge a high price or a…

A: A Dominant strategy is the strategy that yields higher payoff and the strategy doesn't change with…

Q: true or false and give a brief explanation on why its correct or wrong. a) To correct for…

A: The estimation of the coefficients in linear regression equations that explain the connection…

Q: Consider the supply and demand functions graphed below. Price 100 75 70 60 10 1 56 Supply Demand 20…

A: Demand curve is the downward sloping curve.  Supply curve is the upward sloping curve.  Equilibrium…

Q: In the market for travel, what is true about the relationship between the market equilibrium (n) and…

A: The consequence or impact of an economic activity that affects individuals or firms who are not…

Q: Identify three items sold by firms in monopolistic competition and explain why you chose them.

A: The Monopolistic Competition is that market structure where there are number…

Q: Suppose a perfectly competitive firm faces an inverse demand curve of P(Q)= 1515-1.4Q and has…

A: When the production or consumption of a thing or service imposes a cost on third parties who are not…

Q: G.i.v.e. .a. .d.e.t.a.i.l.e.d. .e.x.p.l.a.n.a.t.i.o.n. .a.b.o.u.t. .t.h.e. .s.a.i.d. .t.o.p.i.c.,.…

A: A central bank is an establishment that deals with a country's monetary policy. It is answerable for…

Q: Use the graph input tool to help you answer the following questions. You will not be graded on any…

A: Demand Factor Value Average American household income $40,000 per year Roundtrip airfare…

Q: Classify the following as a transaction reported in a sub-component of the current accountor the…

A: Capital and financial accounts are two of the three components of BOP. Capital account deals with…

Q: Calculate the price elasticity of demand for each of the incomes, if the price is increases from…

A: Price elasticity of demand measures how responsive or sensitive a product's or service's quantity…

Q: Can a firm have market power even if it is not the only firm in the market? Why? How do you measure…

A: ***Since you have posted two independent questions, according to the guidelines, only the first…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Given Data, · Cost of money (Interest rate) = 14% = 14/100 = 0.14 · Type of compounding = quarterly…

Q: What happens to the consumption function when autonomous consumption decreases? OA. It shifts…

A: Autonomous consumption refers to the level of consumption that occurs even when disposable income is…

Q: Suppose the government imposes a price ceiling of $120 on this good as shown in the graph. This…

A: A regulatory mechanism implemented by the government to limit or regulate the prices (P) of products…

Q: Do the following production functions exhibit increasing, constant, or decreasing returns to scale…

A: Returns to scale refers to the relationship between changes in input levels and the resulting…

Q: Which of the following statements regarding the Gini coefficient are correct? A. It is the measure…

A: The question asks about the correctness of several statements regarding the Gini coefficient. The…

Q: 1. How is the Federal Reserve is organized?

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Which statement is definitely true about shelter in the above below? S/Week 100 5 10 12 14 25 e here…

A: Equilibrium occurs where the indifference curve is tangent to the budget line. This is because the…

Q: Two firms competing in a duopoly produce differentiated products and the inverse demand for each…

A: A market structure in which there are only two dominant firms that control a significant share of…

Q: The more inelastic the demand for a resource, the Multiple Choice more elastic its marginal revenue…

A: The marginal revenue product (MRP) curve represents the relationship between the quantity of a…

Q: Read each article linked below and summarize the implications of the events being discussed using…

A: Food security rules and regulations, the welfare of animals prerequisites, limitations on trade, and…

Q: the final stage of Dmitri has a utility function U = W, where W is his wealth in millions of dollars…

A: The individual choice of investment is highly affected by the risk involved in the investment. The…

Q: According to the multiple deposits creation and assuming a required reserve ratio of 10%, a $1,000…

A: The money multiplier is an economic concept that refers to the ratio by which a change in the…

Q: Suppose that there are four consumers who value two goods: (1) monthly gym membership and (2)…

A: Given that , There are four consumers who value two goods : (1) monthly gym membership and (2)…

Q: a. Derive the IS curve and compute equilibrium output and interest rate b. Derive the LM curve and…

A: ​To derive the IS curve and compute equilibrium output and interest rate, we'll start by setting up…

Q: Movement from point 2 to point 1 5) The price of beer falls. As a result, Pabst sells less beer.…

A: Supply curve is a upward sloping that shows direct relationship between price and quantity supplied.

Q: If you invest $4,000 at 3% interest compounded monthly, how long will it take you to reach $5,000 ?

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Application 1.7, In fall 2006, Pace University in New York raised its annual tuition from $24.750 to…

A: The tuition fee in 2005 was $24,750. Tuition fee in 2006 raises to $29500 Enrollment in 2005 was…

Q: An account has a nominal interest rate of 12% (annually) and an effective interest rate of…

A: In this question, I determined the most likely compounding period for an account with a nominal…

Q: Suppose the government imposes a price ceiling of $100 on this good as shown in the graph. This…

A: A price ceiling refers to a restriction imposed by the government that sets the highest price…

Q: The following diagram shows the market demand for titanium. Use the orange points (square symbol) to…

A: Under perfect competition a firm always produce at the point where P = MC and marginal cost (MC) is…

Q: We appreciate a perfect competition market where there is a predetermined limit number of firms with…

A: Market prevails in perfect competition   Number of total firms in the market = 20 Cost function: CTi…

Q: A particular style of sunglasses costs the retaller $90 per pair. At what price should the retaller…

A: Profit is a financial term that represents the excess of revenue or income created from a business…

Q: What is the difference between the price of oil in the market for oil and the price of reserves in…

A: The price of oil in the market for oil refers to the current market price at which oil is bought and…

Q: 2. Consider an industry with two firms producing an identical product. Let 9₁ be the output for firm…

A: We have to build a payoff matrix to see the payoff for both firms for different strategy…

Q: 4. A decision at the margin Suppose that Malika is a diligent third-year college student. One…

A: The marginal gain refers to the additional gain that arises from additional hours of work being put…

Q: Explain the difference between (1) the demand for domestic goods and (2) the domestic demand for…

A: Demand refers to the desire of a consumer for a commodity they are able to afford in accordance with…

Q: 3. Use the graph below to answer the following questions: a. Profit maximizing output level b. Price…

A: Since you have posted a question with multiple sub parts, we will provide the solution only to the…

Q: Two firms A and B manufacture video game consoles. Firm A's console is less tech- nologically…

A: Nash equilibrium is the point of a game corresponding to which each participant optimizes his…

Q: Country X's long run full employment level of Real GDP is estimated to be $22,900,000. However, the…

A: “Since you have posted multiple questions with multiple sub parts, we will provide the solution only…

Q: a) Calculate this industry's four-firm concentration ratio. b) Is this industry competitive? why? c)…

A: The four-firm concentration ratio is the sum of the market share of the largest four firms.  The…