What is meant by the term exchange rate .

Q: 18 Calcurate the least square regression líne equation with the given X and Y values. Consider the v...

A: X Y X2 XY 60 3.1 3600 186 61 3.6 3721 219.6 62 3.8 3844 235.6 63 4 3969 252 65 4.1 4225 26...

Q: 1. Consider the utility function given by u (x1, x2) = x1x%, and budget constraint given by Pixi + P...

A: Given information U=X1X22 Budget constraint P1X1+P2X2=W  

Q: Use the graph and the inverse demand equation (P=50 - .5Q), inverse supply equation (P=0.333Q) and t...

A: here in this question we find that the inverse demand function=P=50 - .5Q where the slope of the dem...

Q: Problem 1 Knott's Industries manufactures three models of backyard swings: Standard, Deluxe, and Pre...

A: There are a total of 5 machines available. We need to find out the total amount of time for which ea...

Q: please explain why the statements are false

A: Given: Own price elasticity of demand=0

Q: Table shows the costs which individual producers incurred in providing haircut service. Producers of...

A: Producer surplus is the difference between the market price and the amount of producer willing to se...

Q: 1. What are the benefits and consequences of implementing tariffs?

A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...

Q: Let us denote John's daily hours of work by H, and his hours of leisure by N = 24 - H. Suppose that ...

A: a) Wage rate = $30   This is the opportunity cost of not working. which means if Johns chooses not t...

Q: A diet for a sick person must contain at least 4,000 units of vitamins, 50 units of minerals and 1,4...

A: Introduction:

Q: What are examples of works not protected by copyright?

A: Government plays an important role in determining the Fiscal Policy. The fiscal policy means changin...

Q: Define privatization in 30 to 40 words.

A: Privatization means:

Q: 3. Asurplus is when there is more supply than there is demand. You can find it by subtracting the qu...

A: Surplus is the amount of a good which exists when quantity supplied is more than the quantity demand...

Q: 4. Consider the following strategic environment involving a firm manager (Manager) and two workers (...

A: Given,  One ManagerTwo Players : Worker 1 and Worker 2Both Workers have the same strategies : Work h...

Q: The presence of global food corporations like McDonald’s and KFC manifests that goods and services c...

A: The right for the Phillippines to include itself as a member of the WTO is justified. 

Q: Marijuana is sometimes estimated to be California’s largest cash crop. It is not included in estimat...

A: Marijuana is sometimes considered to be California’s largest cash crop. It is not included in estima...

Q: The New York City Parks Department learned an important lesson about elasticity when it decided to i...

A: Price increased from $100 to $200 and quantity of permits demanded decreased from 2000 to 1000. 

Q: Answer these questions on a separate sheet of paper. -3 Consider the game defined by the matrix: P =...

A: Payoff of the game is :       Player 2     -3,3  1, -1  (0.4)    & then (0.7) Player  1 4...

Q: Cite five technological "singles" (for example, the personal stereo in 1977). Which one innovation d...

A: Enhancements in technology have widened the path for more innovation and led to improve economic gro...

Q: State whether each item below would be included or excluded from the me explain why. OT GDP and expl...

A: The gross domestic product (GDP) is the aggregate value of goods and services produced in the domest...

Q: 1 (a) Rewrite and explain the main equilibrium equations of the Ramsey model assuming the government...

A: A commodity or service that is freely available to all members of society is referred to as a public...

Q: The rate of inflation in Zimbabwe rose in 2018 from 10.6% to 577.21% in 2020.  What was the positive...

A: Inflation shows the increase in price level of goods and services in an economy.

Q: Suppose that an economy that is initially in equilibrium sees an increase in investment spending. Ex...

A: Equilibrium in the market of goods and services occurs at the intersection of aggregate demand and a...

Q: If you are asked to perform an incremental ROR analysis for the two robots listed below, how would y...

A: The analysis of financial return where there are two opportunities for investment that involve diffe...

Q: Which of the following statements conceming the changes that occur is corret if you were to make a $...

A: Given: Deposit=$200 Reserve ratio=0.10

Q: Many changes are affecting the market for oil. For example, Cars are becoming more fuel efficient, a...

A: When talking about oil market, it can be seen that the demand is the highly consumed resource as it ...

Q: be measured as an area} Surplus-public= 6. Assuming that individuals do not know each other marginal...

A: 5. Surplus-public=Society have a better services. 6. YES  

Q: The manager of a small town grocery store who is in charge of ordering products reads in the newspap...

A: Inferior goods have a negative income elasticity of demand because, with an increase in income of co...

Q: For the demand function x=D(p)=50-4p : (a) The elasticity is E(p)= (b) When p=5 , the elasticity E(5...

A:

Q: What lump sum of money must be deposited in a bank account at present time so that Php 500 per month...

A: The amount of cash which in the event that contributed now at a given pace of accruing funds will am...

Q: Which is more pro-poor between the benefit received theory and the ability to pay theory? Why?

A: Both, the "Benefits Received" theory and the "Ability to Pay" theory fall under the theme of fairnes...

Q: In a market that allows free entry and exit, when does the process of entry and exit end for the typ...

A: New firms enter the market when existing firms are making a positive economic profit in the short ru...

Q: Impact of mandatory Phihealth coverage for all person with disability.

A: The PWD ID is the standard distinguishing proof card for people with disability (PWDs) in the Philip...

Q: . The mercantilists maintained that: a. Trade benefits one nation only at the expense of another nat...

A: Mercantilists were of the opinion that the country should always be in a Trade surplus that is the e...

Q: . Calcul a te the annual real GDP for the period 2009 to 2014 2. Calculate the annual real growth r...

A: what is given in this situation Year Nominal  GDP GDP Deflator Real GDP Real growth of o...

Q: You are making $5.000 monthly deposits into a fund that pays inte rest at a rate of 6% compounded mo...

A:

Q: 2. Below is a tabular data of price and quantity demand and quantity supply for banana que. 10 40 20...

A: P 5 10 15 20 25 Qd 50 40 30 20 10 Qs 10 20 30 40 50 [a] To solve the demand and supply equati...

Q: Explain how an increase in tax can reduce tax revenue of a government

A: Tax is the major source of revenue for the government. The major government spending is funded from ...

Q: The unemployment rate is 11.5%, the natural rate of unemployment is 7.5%, and the potential rate of ...

A: Given information: Current unemployment rate: 11.5% Natural unemployment rate: 7.5% Potential GDP r...

Q: How did the following contributed with the industrial revolution Science Technology Industrial Re...

A: The Industrial Revolution changed economies that had been founded on agribusiness and painstaking wo...

Q: San Jose Mercury News, March 31, 2020: "As classes go online, students want Stanford to lower tuitio...

A: The explanation for whether the students must be given discounts or not is as follows:-

Q: Suppose a nation’s firms make heavy use of factors of production owned by residents of foreign count...

A: GDP refers to the money value of all final goods and services that are produced within the country d...

Q: 1. What are the advantages and disadvantages of collusion?  Define Collusion 2. In a Stackelberg ga...

A: 1. Collusion Combinations, plans, or contracts among sellers to boost or fix prices and decrease out...

Q: Name some of the services, if any, you produced at home that do get counted in GDP. Are there any go...

A: In an economy, GDP is used as an economic tool to measure the national income in terms of goods and ...

Q: If a buyer's willingness to pay for a new bike is 20$ and its actual price is 22$, her consumer surp...

A: Consumer surplus is a measure of consumer welfare that is defined as the excess of a product's socia...

Q: 1. Use the model of the small open economy to predict what would happen to the trade balance, the re...

A: Small Open Economy refers to a model which participates in international trade, but is of small size...

Q: In an OLG model with money: Each gen picks 12 banans when young, O bananas when old. Central bank pr...

A: Overlapping Generations Model (OLG) is defined as a model which is used to explain economic growth a...

Q: Has the country experienced a balance of payments trade deficit or surplus in the past year? How lar...

A: For Germany the balance data has been recorded at the 268.526 USD bn in 2020, it would consecutively...

Q: Consider a 2 player game in which every player has two pure strategies. Which of the following is FA...

A: Fals option is part B.

Q: A first year student estimated a linear consumption   function   and   found   out   that Ct = 200 +...

A: Income refers to the source of livelihood which gives the incentive to workers. It means the people ...

Q: D (p,q,m) = 10p-0.8q-0.5m1.1 %3D where p: price of good X,q: price of good Y (related good)and nd th...

A: Cross price elasticity of demand measures the percentage change in the quantity demand of good X due...