What did the National Environmental Policy Act accomplish? Briefly describe the origin and mission of the U.S. Environmental Protection Agency.

Q: Which of the following examples comes closest to a perfectly competitive market

A: Perfect Competition : It is a market form where there are large number of buyers and sellers selling...

Q: Some people try to make money by watching exchange rates and trying to get the best deal on their tr...

A: The rate that depicts the rate at which one currency is being exchanged for another currency is know...

Q: The gravity model of trade describes an exact physical relationship between trade, distance and size...

A: "The statement is FALSE."

Q: Consider the following multiple regression Price = 118.3 + 0.574BDR+ 22.6Bath + 0.136Hsize + 0.005Ls...

A: The regression equation is mainly used to estimate the relationship between a response variable and ...

Q: Interest-The Money Market Exercise 2 The table below depicts transaction demand for money (D and ass...

A: Demand for money is a downward sloping function of the interest rate while supply of money is an upw...

Q: Use the graph to answer the following question: Investment Demand Quantity of Investment If the mark...

A: Fiscal policy, measures utilized by state run administrations to settle the economy, explicitly by c...

Q: Suppose the model of interest is Y, A+ BXu+ BX2 + u, where E(uX)-0 and E(u X)= a? and X1 and X2 are ...

A: The coefficient estimates will be the same, but the standard error will be smaller in multivariate r...

Q: Aggregate demand measures: O the average price of all goods and services demanded. O the total outpu...

A: Aggregate demand curve refers to a curve which is negatively sloped downward and to the right. It sh...

Q: . Demand curve can be derived from

A: To find : How can be demand curve derived. 

Q: 3. Construct compensated demand functions for q and q2 for the utility function U = 2q,92 +91. Compu...

A: Since the second part of the question asks for the elasticities for which we will need Marshallian d...

Q: questions to determine if Olivia is making the best decision. a) Who has the absolute advantage in d...

A:

Q: MB. Homer and Bart both have income of $100, and the price of both the private good and a firefighte...

A: The correct answer is given in the second step.

Q: The difference between the amount we spend to import products from other countries and the amount we...

A: International trade: - it means the buying and selling of goods and services with other countries.

Q: Consider an IS/LM model of an economy with the following equations: C = 300 + 0.6Ya I = 100 – 5i G =...

A:

Q: Suppose that Romeo in Problem 8 has the utility function U= S6 RS, and Juliet has the utility functi...

A: Given; Romeo's utility function; U=SR6SJ4Juliet's utility function; U=SR4SJ6where;SR=Romeo's spaghet...

Q: 5. Provide rationale for deductibles and copayments. What is the effect of deductibles and copayment...

A: For taking some service for example if an individual wanted to take some insurance then they need to...

Q: Need fully correct solution for this asap. I'll rate positive for Correct solution.

A: The Federal Reserve is the central bank of the United States. The Federal Reserve regulates the coun...

Q: A production function is given by q=4L^( 2/3 ) k^ ('/?) where L = labour, k = capital. (a) Find beha...

A: (a) q=4L23K13Now,Marginal Product for labour is,∂q∂L=MPL=4(23)L-13                     =83L-13Margin...

Q: 2) Last year, Alice carned $36,000 from her job. During the same year, she saved $9,000. a. What was...

A: a) Given that, Alice earned $36000 Ans she saved $9,000 The rate of saving is given by: = (9,000/36,...

Q: Which of the foliowing is a correct statement for a floating exchange rate regime : Regular interven...

A: An international exchange rate, also said as a foreign exchange rate. It is the price of a currency ...

Q: The graph contains the relevant cost curves for a perfectly (or purely) competitive firm. Move point...

A: In a perfectly competitive firm, Price is constant so profit is maximised at a point where price is ...

Q: Solve the attachment. image

A: Given: Consumer's income is = $400 The price of X is = $10 The price of Y is = $2 Consumption of com...

Q: Imagine that the demand curve for beer is given by P=9-Q and supply for beer is given by P=1+Q. What...

A: Demand and supply  In perfect market competition the optimum quantity is produced where the demand c...

Q: explain the four (4) ambitious targets Open Budget Survey sets to achieve open budgets within five y...

A: To find : Four ambitious targets

Q: QUESTION 16 Free trade restricts a nation's ability to specialize in specific commodities that may a...

A: Note:- Since we can only answer one ques at a time, we'll answer the first one. Please repost the qu...

Q: 1. A firm's average fixed cost is Rs.20 at 6 units of output. What will it be at 4 units of output?

A: To find : What will be average fixed cost. 

Q: Suppose you observe the time series of output y and real money supply M/P reported in the Figure bel...

A: Given:

Q: If real GDP per person were equal to $2,620 in 1900 and grew at a 3 percent annual rate, what would ...

A: Initial value of GDP is $2620. To find future value of GDP we use the compound interest method.

Q: If a competitive consumer chooses consumption program x=(20,5,7) at competitive prices p=(2,1,5), co...

A: Given information  X bundle  x=(20,5,7) at competitive prices p=(2,1,5) Y bundle y=(15,10,6) at comp...

Q: Suppose a consumer lives in two periods, with his income in period 1 as $100 and his income in perio...

A: Utility maximizing consumption bundle is when MUC1 / MUC2  = 1 + rWhere MUC1 = Marginal utility from...

Q: You have data for real output y, price level P, and the nominal wage W at two distant dates (time t ...

A: According to the data on real output  y, price level p, and nominal wage W at two distinct time peri...

Q: The exception to law of demand is

A: To find : Which is exception to law of Demand. 

Q: What is the earliest human being

A: Hominids were the earliest human-like species, and homo sapiens is a member of this group. Hominids ...

Q: how does the philips curve explain trade-off between unemployment and inflation

A: Philip curve:- This curve was created by A. W. Phillips, which states that inflation and unemploymen...

Q: If the demand for a good is inelastic, an increase in the price of the good will cause the total exp...

A: To find : Total expenditure of consumer of the good. 

Q: If you want to triple your money at an interest rate of 6.00% per year compounded annually, for how ...

A: To find the number of years it takes for the amount to triple, compound interest method is used.

Q: 8. Consider a 10 year 6.50% annual coupon bond whose duration is 7.50 years when required rate of re...

A: Let the par value be 100 Purchase price of bond = 6.5/0.065*(1-1/1.065^10)+100/1.065^10 = 96.94 Let ...

Q: In the presence of reduced consumer confidence, the government can: (Click to select) decrease trans...

A: Fiscal policies are the measures used by the government to affect the economy. The major fiscal poli...

Q: The was formed in 1969 when Bolivia, Chile, Ecuador, Columbia, and Peru signed the Cartagena Agreeme...

A: Cartagena Agreement was related to biosafety.  

Q: Assume that the peanut butter demand function is p = 2,000 0.5q, | calculate the elasticity of deman...

A: Answer: Given, Demand function: p=2,000-0.5qPrice=P300.00At p=300, the quantity will be as given bel...

Q: Country C had made foreign investment in countries A and B. Country C had not received any investmen...

A: Measuring the national income is the macroeconomic term. GDP (Gross Domestic Product) is the monetar...

Q: Answer the following questions about Comparative Advantage, Specialization and Trade. The link below...

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

Q: Suppose government regulates the price of beef and sets it below the market clearing price. Explain ...

A: Price floor:- Some commodities are subject to price floors, which set a minimum price for them. They...

Q: homy is characterized by the equation 50-5Q, domestic supply is characterized by equation Q=0.5·P+35...

A: Both questions answers given below,

Q: If one day the dollar is trading at 1.00 euro per dollar and the next day the exchange rate is 0.88 ...

A: Exchange rate refers to the number of units of domestic currency is required to purchase of one unit...

Q: What are the determinants of demand? What happens to the demand curve when any of these determinants...

A: the factors that cause a change in the demand and quantity demanded of the goods are called determin...

Q: Consider a simple Keynesian income-spending model of an economy described by the following equations...

A: In a Keynesian income-spending model, the equilibrium is determined where: Aggregate Expenditure= Ag...

Q: Compare and contrast the views of neoclassical economists, environmental economists, and ecological ...

A: The market is explained by Neoclassical economics in terms of human preferences for specific commodi...

Q: O pts.) a. Define price elasticity of demand. b. At a price of $7, the quantity demanded for ice cre...

A: Elasticity of demand is the percentage change in quantity demanded due to percentage change in price...

Q: Opportunity cost is whatever you give up to get something. What is the opportunity cost of staying u...

A: Answer: Opportunity cost: The opportunity cost of an action refers to what people give up to do that...