What is an assumption of a Neoclassical model? a. The future is uncertain b. Output increases when demand in the economy increases c. There is full employment in the economy d. Governments should have a balanced budget

Q: When negative externalities are present in a market Group of answer choices private costs will be…

A: A negative externality is found where the production or utilization of an item brings about an…

Q: Lachlan is 46 years of age and is a single parent. He has one dependent child – a daughter named…

A: Answer -

Q: Complete the table below by identifying the key events in the negotiations/talks between the…

A: According to the question,  An agreement was signed between the Philippine government and the MILF ,…

Q: Total deposit as of August 2021 in Indonesia = USD 621.2 Billion Total currency in circulation as of…

A: In this question:- Total deposit as of August 2021 in Indonesia = USD 621.2 Billion Total currency…

Q: The New Deal was created to counter the effects from: Group of answer choices hyperinflation. the…

A: When talking about the imposition of The New Deal, it was the set of new programs implemented by the…

Q: Suppose that a firm begins at time t=1 with a capital stock of K(1)= 200,000 and, in addition to…

A: * Solution :-  Given that ,  Suppose that a firm begins at time t=1 capital stock of K(1)= 200,000…

Q: What might be an unintended effect of an inflation rate ceiling? Group of answer choices The real…

A: As per the Fisher equation, Real interest rate = Nominal interest rate - Inflation rate

Q: The information in the table below shows the demand schedule for water in a certain small town.…

A: We have given that the marginal cost for producing water is $4 per bottle.  From the given price and…

Q: If the marginal propensity to save is 0.4 (or 40%) and the government plans to spend $4,000 in the…

A: Given MPS = 0.4 Increase in government spending = 4000 $ Expenditure multiplier =  1 / MPS = 2.5

Q: 4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017…

A: The Real GDP/Capita, Growth rate of Real GDP/Capita, Inflation rates, interest rates, bank rate, etc…

Q: The illusion of pattern shapes our everyday lives. How does this illusion emerge (refer to law of…

A: The purpose of experimental scientific research is to thoroughly understand a causal mediating…

Q: What is the balance in an account at the end of 10 years if $25,000 is deposited today and the…

A: Compound interest is computed on both the principal and the interest earned over a period of time.…

Q: Automobile traffic creates two types of operating costs thatare not created by rail traffic. What…

A: Operating costs are the costs associated with the normal day-to-day running of a business. It…

Q: 4. Which of the following is a more attractive place to do business? a. A nation that lacks…

A: Several internal and external factors can have an impact on business operations, either directly or…

Q: 8. How does consumer confidence affect the economy according to Keynesian view? a. Aggregate demand…

A: Keynesian view considers consumption spending as an important component of aggregate demand.

Q: Note: Line segments will automatically connect the points. Remember to plot from left to right. ?…

A: The market supply is the sum of all the individual quantities supplied at each price level.

Q: Two electric motors (A and B) are being considered to drive a centrifugal pump Each motor is capable…

A: In this situation:- Two electric motors (A and B) are being considered to drive a centrifugal pump.…

Q: Price (5) 14 12 10 864 G 4 20 Quantity 11. Refer to the figure above, showing a linear supply curve.…

A: Here, the given graph shows the linear demand curve with different points as A, B and C.

Q: Which of these actions shows an expansionary monetary policy? d Decrease of the minimum required…

A: Monetary policy refers to change in supply of money in the economy.

Q: Describe the scale of urbanization

A: The population shift from rural to urban regions, the resulting decline in the number of people…

Q: When a central bank sells government bonds to a certain bank in the Monetarist view, the asset side…

A: In an economy, if Central Bank sells government bonds, it tries to decrease money supply in the…

Q: Two players are playing a game that is given in a tree form below: 1 1 S P 1 H

A: In this game, subgame perfect nash equilibrium(SPNE) can not be found using backward induction…

Q: Which of the following statements is most accurate about goods and services? They are purchased by…

A: Circular flow diagram refers to the model that shows how money of dollar flows between households…

Q: Golden Age of fiscal policy is has all of the following, except: O under 2 percent inflation rate O…

A: The policy that uses the collection of revenue by the government through taxes or cutting back taxes…

Q: Given the following demand functions of a discriminating monopolist and the composite cost function,…

A: Profit is the amount earn by monopolist or any firm after reducing the marginal cost from marginal…

Q: How big is the money multiplier if the minimum required reserves ratio is 10 per cent? b 2 10

A: Required reserve ratio is the minimum requirement of deposits that banks are required to hold. Total…

Q: Suppose that there are only 2 goods in the economy, A and B. We have yearly data on prices (p) and…

A: Nominal GDP estimates a nation's GDP utilizing current costs, without adapting to expansion. Balance…

Q: Define and explain the structure of NEDLAC

A: There are many economic institutions that work together for the betterment of the economy and the…

Q: Graphs NOT required! The demand and supply curves for potato chips are Price Quantity demanded…

A: Price elasticity of demand is a measurement of the change in consumption of a product in relation to…

Q: ______ occur when newly raised hopes for a better life either are not satisfied at all or are not…

A: Happiness   occur when newly raised hopes for a better life either are not satisfied at all or are…

Q: The mining company is considering purchasing a machine which costs $30000 and is expected to last 12…

A: The method through which analysis of cash flow is being done by discounting them to their current…

Q: (a) "Hyperinflation in Venezuela is the currency instability in Venezuela that began in 2016 during…

A:

Q: Question 29 True/False:  Public goods are goods that are excludable. Group of answer

A: Private goods, an item or administration created by an exclusive business and bought to build the…

Q: A government increases the corporate tax rate from 15 to 17% in an economic recession. Fiscal policy…

A: Fiscal policy can be of two types, procyclical and anticyclical.

Q: If the output gap is positive, then relative to the neutral interest rate, the Federal Reserve will…

A: Introduction Output gap positive and negative both are not good for economy. Positive output gap…

Q: One of the investors wanted to buy a factory for the production of electrical transformers. It was…

A: Given,

Q: Q48 If the marginal product of labor divided by the price of labor is less than the marginal product…

A: Marginal product of labor is defined as the change in the output caused by employing additional…

Q: Economics Suppose that at date 1 the distribution of income is (1, 2, 3), while later, at date 2, it…

A: Income Inequality refers to the unequal distribution of income among the individuals of an economy.…

Q: Suppose that in the country of Mistania, investment spending increases from $1740 to $1940. There is…

A:

Q: Q.1/Draw an activity diagram for the following scenario: Passenger who needs to purchase a travel…

A: An activity diagram, like a flowchart or a data flow diagram, visually represents a series of…

Q: Q1. Firms in oligopoly must constantly think in terms of how other firms in the industry will react…

A: Market structure alludes to how various businesses are ordered and separated in view of their…

Q: Planning for a major redesign, Itumeleng collected data at her store on several consecutive…

A: She has to learn more about the framework's rules of behavior. It should first determine whether she…

Q: First cost, $ Annual cost, $ per year -33,000 -8,000 -51,000 -3,500

A: Annual Worth (AW) Analysis is characterized as the same uniform annual worth of all assessed…

Q: 2. A demand curve is sloping because a downward; of increasing opportunity costs. b. upward; people…

A: Demand curve shows the willingness and ability of a person to purchase goods and services.

Q: The question was not answered.

A: Answer: Given, Qd=25,000-5,000P+25MQs=240,000+5000P-2000P1Here the next year forecast of income will…

Q: In the market of a homogeneous product, two companies, A and B, produce with same technology. The…

A: Introduction We have given a market for homogeneous product.  1) Suppose both companies will choose…

Q: According to Keynes, nominal wage increases mostly and directly lead to a inflationary development a…

A: Inflation: - Inflation is the phenomenon of an increase in the prices of goods and services in an…

Q: Question 42 Assume that the table below shows the cost/benefit schedule in a four-voter town for the…

A: The benefit-cost ratio is a profitability marker utilized in cost-benefit examination to decide the…

Q: Imagine that in a given point in time, t, we observe the following yields: 11 = 2%, izt 4%, and izt…

A:

Q: 2. Comparative and absolute advantage Larry and Megan are farmers. Each one owns a 20-acre plot of…

A: A country or an individual is said to have a comparative advantage in a good, if it can produce the…