Q: Give an example of an externality.
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Since the 1950s, there has been a steady increase in the U.S. labor force due to an increase in the…
A: An increase in the number of women in accounting industry will make the supply of labor to rise in…
Q: The theory of consumer behavior begins with three basic assumptions about people's preferences for…
A:
Q: From our discussion of interest rate frameworks, we can guess that the demand for liquidity is…
A: Liquidity refers to the flow of money into the economy which increased when the banks lower the rate…
Q: Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only…
A: Given information: Ike Bikes is a manufacturer of bikes, currently producing bikes in its only one…
Q: O U, TZ OZ, SZ A OT, TU B PWorld = R U, SU S, SZ F LL K 0 G O L M V W E S T U Z This country was…
A: An import quota is an upper limit on countries' imports. So when import quota is enforced then the…
Q: In the market for textbooks, when the price goes down, this will cause an increase in the: Group of…
A: The market will reach equilibrium when there is no shortage or no surplus. At this point, quantity…
Q: 3. In the upcoming year, the income from your current job will be $50,000. There is a 0.5 chance…
A: Under several scenarios, the lottery winner would receive an erratic income. The person would make…
Q: Which of the following statements is not true? Multiple Choice Public goods are only provided by…
A: In terms of the economy, governments are responsible for establishing economic laws, often known as…
Q: A firm that sells coffee is a monopolist in a small market. The firm wants to start selling another…
A: A monopolistic firm or a monopolist is a single seller in the market, which gives him exclusive…
Q: Fill in the blank by typing 'increase', 'decrease', 'no change', or 'uncertain'. To sure to type the…
A: In the free market, the equilibrium price and quantity is dtermined by the forces of the demand and…
Q: The supply of bonds comes from Select one: O A. Savers OB. Borrowers O C. Financial Intermediaries O…
A: A loan given by an investor to a borrower for a certain amount of time in exchange for consistent…
Q: Explain through the optimal choice of a person how their individual demand function arises. Use an…
A: Demand Demand is the amount of a commodity that consumers are willing to purchase at various…
Q: For a consumer with a demand function q = 10 - 2pz, find the answers to the following. Consumer…
A: "Demand function is a function which depicts a negative relationship between price of a commodity…
Q: When the money market is drawn with the value of money on the vertical axis, an increase in the…
A: The money market is a financial market where institutions and dealers can trade open-ended funds and…
Q: For an econmomy with a MPC of .80 the multiplier will be 5 4 a magnitue of 1 less…
A: Marginal propensity to consume shows how consumption chances as disposable income changes. It is…
Q: Which of the following statements is/are not true (I) The area below actual price and above demand…
A: The difference between what a customer is prepared to pay and what they actually spent for a product…
Q: Provide a brief description of Globalization and indicate three (3) ways that Globalization is…
A: A competitive advantage is when a business can create goods or services more quickly,…
Q: Think of a consumer who has a 200 000 euros income and can spend them on an opera, paying a price of…
A: The budget constraint defines the limits of the opportunity set, which includes every potential…
Q: 3=== physical therapy clinic faces a demand equation of Q = 200-1.5P, where Q is sessions per month…
A: In economics, the demand curve is a linear downward sloping curve that depicts an inverse…
Q: The American Pharmaceutical Company (APC) has a policy that all capital investments must have a…
A: Discounted payback period:- DPBP=Year before the discounted…
Q: Let's say that researchers find that using suntan lotion has even greater benefits (protecting skin,…
A: Demand curve shows a negative relationship between price and quantity demanded. It shows quantity…
Q: Jimmy Carpenter, a self-employed individual, is opening a retirement account at a bank. His goal is…
A: In the part a, The future value of 20 payments is $1,000,000 rate of interest (i)=8% yearly…
Q: Calculate the amount of money that must be deposited today in a savings account that pays 15% annual…
A:
Q: Tazes Owed = (1/4 of Income) - $10,000 4 For each of the incomes listed in the following table,…
A: 1) Computation of Family's tax liability: Taxes Owed= (1/4 of Income)−$10,000 2) The qualification…
Q: What do you mean by the production possibilities of an economy
A: Production possibilities of an economy refer to different combinations of goods and services which…
Q: Use the table to answer the questions: Country A $100 10% Country B $2000 Initial Demand Deposits…
A: Money supply is the stock of money in economy. it includes cash as well as non cash assets.…
Q: 008, the Federal Reserve began paying interest on reserves held by banks. The interest rate they…
A: Federal reserve: The U.S. focal financial framework — the Federal Reserve, or the Fed — is the most…
Q: In dynamic pricing environment where prices change regularly the decision to open or close different…
A: Dynamic pricing:- Other names for dynamic pricing include price increase and time-based costing. By…
Q: 1. Is the predictor significant? 2. What is the effect size for the study? 3. Based on your answer…
A: A regression analysis can be used to test whether a father's level of optimism was predictive of his…
Q: Fill in the blank with the corresponding options. Be sure to type them exactly as they are written…
A: In a free market, equilibrim price and quantity is determined by the forces of the demand and supply…
Q: Let's assume that in a South American country, the nominal GDP went down by 1%, while, the price…
A: GDP is the value of final goods and services produced in the economy in an economic year.
Q: 4. Qd=a-bP = 6-2P ..(1) (2) Qs = c+dP=2 + 4P ........ Qd = Qs = Q Calculate equilibrium price (P)…
A: Equilibrium in the market occurs at the intersection of demand and supply curves.
Q: 2. Bangladesh Production The following production possibilities table data represent the amount of…
A: Given production possibilities schedules Points/options T-shirts Shorts A 80,000 0 B 60,000…
Q: What amount of money invested today at 15% interest can provide the following scholarships: 30 000…
A: The measure that depicts the value of current income flows being discounted at a specified rate of…
Q: Pearl Ltd. intends to manufacture and market mechanical weighing scales. Their research department…
A: Given information; x = 6200 - 50p C = 7400 + 70x Where x is the number of scales that can be sold at…
Q: Which of the following statements regarding the discount rate is correct? a. The private discount…
A: Discount rates are used to put a present value on costs and benefits that will occur at a later…
Q: 9 The total cost function for a PC firm is as follows: TC=100+160Q-8Q2+0.4Q3 What is the minimum…
A: In the short run the firm has to incur fixed cost. The production decision in the short run depends…
Q: Although Goldman Sachs paid Heather $100,000.00 per year, she was not satisfied with her job. She…
A: Given:- Amount Heather get from her job= $100000 per yearAmount she borrowed from bank=…
Q: Which of the following policy combinations would cause a rise in the government budget deficit?…
A: Government budget deficit depends on how much government is spending and how much it is earning.
Q: Which of the following is not a factor that could cause a shift in the demand curve for a certain…
A: Demand curve shows different levels of quantity demanded at different price levels.
Q: Pick ALL assumptions that need to be held to ensure a perfecly elastic long-run supply curve for…
A: In perfect competitive markets, firms in long run make zero economic profits. For firms that face…
Q: Explain how a tax or subsidy might be used to “correct” for the inefficiency of a market equilibrium…
A: Some externalities are bad; for instance, if a company chooses to raise profits and minimise costs…
Q: What type of unemployment is most likely to result in a hardship for people who are unemployed?
A: Unemployment refers to the situation of economy in which workers are not getting jobs where some are…
Q: Plum charges £500 for its smartphone, producing a revenue of £8 million per month. It fears that a…
A: Marginal cost alludes to the increment or abatement in the cost of creating another unit or serving…
Q: A person's social security benefit is based upon a. How much she/he earned their entire life b.…
A: Social Security Benefits provide partial replacement income for qualified retired adults and persons…
Q: arry’s Lumber Mill sells lumber in a perfectly competitive product market. However, Larry’s Lumber…
A: Monopsony market exists where only single buyer is available in the market. it happens in the labor…
Q: Given the utility function Log Y = 0.42logX1 + 0.58logX2 Find the demand function
A: Given Utility function logY=0.42logX1+0.58logX2 .... (1) Let the price of good 1 and good 2…
Q: What happens to the output and price level if aggregate demand and aggregate supply curves shift in…
A: The aggregate demand and aggregate supply curve is a model that shows what decides total supply or…
Q: Paige runs a ferret farm in Athens, Georgia. Paige pays $1500 a week for equipment and $800 a week…
A: Total cost is a sum of fixed cost and variable cost. Variable cost here is the labor cost and fixed…
Step by step
Solved in 2 steps
- A bank has deposits of 400. It holds reserves of 50. It has purchased government bonds worth 70. It has made loans of 500. Set up a T-account balance sheet for the bank, with assets and liabilities, and calculate the banks net worth.What is the definition of commercial bank ?What Is bank collections?