Q: Which of the following is the concept of Neoliberalism? * Intensification of worldwide social…
A: Neoliberalism is a policy model that combines politics and economics, with the goal of transferring…
Q: 8) Imports A) bring foreign exchange, and thus they are registered as credit in the balance of…
A: Both the current and capital accounts are included in the balance of payments. The current account…
Q: Durable goods and non-durable goods comprise approximately ________ of the supply side of the GDP.…
A: GDP is the sum of consumption, investment, government spending and net exports in an open economy.
Q: Imagine the government wants to conduct an expansionary fiscal policy and needs an expert to answer…
A: Marginal propensity to consume shows how consumption changes as income changes. It is the ratio of…
Q: firm is producing and selling some output at an average variable cost of $8 per unit and bringing in…
A:
Q: Use the following example to answer the questions that follow: Imagine that you deposit $25,000 in…
A: Answer; I deposit $25,000 in currency into my checking account at the bank. The bank has a required…
Q: MC ATC 10 20 90 40 50 60 70 80 Refer to the following Exhibit: Quantity If this firm is perfectly…
A: In perfect competition, there exist many firms in the market.
Q: In the conventional (non-Monetarist) approach to monetary stimulus, the Federal Reserve attempts to…
A: Gross domestic product refers to the market value of final goods and services that are produced…
Q: All normal goods have Question 8 options: price elasticities of demand greater than 1.0.…
A: Income elasticity and price elasticity are two different types of elasticities.
Q: A company that sells computers has proposed to a small public utility company that it purchased a…
A: What we mean by "cost of capital" is the minimum return required to justify starting a capital…
Q: Which of the following would NOT produce a confidence interval with a smaller margin of error?…
A: The term 'margin of error' is used to explain the possible range of the error in a specific analysis…
Q: 2. Consider the following two player game in normal form: Player 2 R 2, 3 0, 5 0, 5 2, 3 Player 1 M…
A:
Q: The Monetarists believe that interest rates can move in the opposite direction from the conventional…
A: Monetary approach is based on the fact that is controlled by monetary policy of interest rate .…
Q: Define first, second, and third degree price discrimination and give one example for each. Which of…
A: Price discrimination basically refers to a marketing strategy in which a firm/company charges…
Q: Given a saving rate of 4%, a depreciation rate of 1%, and a production function in which y = k0.5…
A: The production function is the computation by which the quantity of inputs makes various outputs. At…
Q: If the total cost curve gets flatter as output increases (reaching the top of the hill), the firm is…
A: Total cost is the sum of fixed cost and variable cost. Marginal product refers to change in total…
Q: the most important function of money is 'store of value' Question 17 options: True False inventory…
A: Money is defined as a commodity that is widely acknowledged as a medium of exchange and a store of…
Q: You are the manager of the local movie theatre in a small town. Running a movie has a fixed cost of…
A: Profit refers to the revenue that firms or sellers earn over and above the total costs that they…
Q: 1. A substitute product is defined as a product that can be used for a similar purpose as the other…
A: Two goods are substitutes when only one of them is enough to satisfy the need.
Q: $30
A:
Q: QUESTION 7 IA IA AD Refer to the graph above. If the economy is at point B, the best government…
A: Here, the given graph shows the demand and IA curves to explain different level of income or output…
Q: In the following diagram that depicts the relevant curves for a firm with market power, label: a.…
A: Here the point E is the state of equilibrium between supply and demand. suppose the producer…
Q: production function is Cobb Douglas so per-capita output is ? = k^α, where k is per-capita capital
A: y = k^a The production function is Cobb Douglas production function and it represents output per…
Q: e effects of rent controls in San Francisco w to regulate industrial pollution w the Fed can…
A: Macroeconomics alludes to the investigation of an economy - normally a country's economy - overall.
Q: In a perfectly competitive market, assume the market price is $10 per unit, and the…
A: Answer; The profit amount at the profit-maximizing quantity is $90.
Q: Give and discuss 3 principles of international law.
A: principles of international law are as follows :- Principle 1. Any person charged with a crime under…
Q: Given his current income, Rico’s demand for bagels is related to the price of bagels by the equation…
A: The demand curve is written as follows: Q = 580 − 16P And the income elasticity of demand is 0.5,…
Q: Assume that an open economy with a floating exchange rate is described by the equations: C =…
A: A floating exchange rate is one that is determined by open market supply and demand. Floating…
Q: 1. If all individual B/C ratios of MEAS are less than 1.00, then the preferred option is to “Do…
A: B/C ratio is used for benefit and cost analysis for the given projects. Under long life span…
Q: Labor Data for New Conroe Year 2012 2013 2014 Number of employed 217 252 384 Not available for work…
A: People who are neither employed nor unemployed are said not to be in the labor force. This includes…
Q: Who benefits from FDI?
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Gestalt, Inc. uses a kanban system in its automobile production facility in Germany. This facility…
A: Manufacturing, supply chain management, and project management are evaluated at the pre-processing,…
Q: Suppose there are no external costs or benefits from producing tires. If the government imposes a…
A: Effect of imposition of sales tax on demand and supply:- Imposition of sales tax will shift the…
Q: Why do business people study economics?
A: Demand for a good refers to the quantity of that good with the consumers are willing and able to…
Q: A $1-per-gallon tax on the sale of gasoline will raise the price by $1 per gallon if Select one: the…
A: Tax incidence depends on the price elasticity of demand and supply.
Q: Consider the following graph for question 6 and Question 7 Q, Q2 Q3 Q4 Effort `Profits 6. The graph…
A: (6) Answer :- Option (e) is correct :- Q5 Explanation :- Open-access…
Q: 3. Does it matter that increased govemment debt/GDP ratios place a higher tax burden on future…
A: According to the Ricardian equivalence theorem, the impact of higher debt-financed government…
Q: LRAS SRAS P. AD $1000 $1200 Refer to Figure 34-11. Suppose the multiplier is 5 and the economy is…
A: Here, it is given that the economy is currently producing at point A and the potential output level…
Q: Refer to the information provided in Table 16.1 below to answer the question(s) that follow. Refer…
A: Here, the given table shows the combination of labor and capital used to generate output at…
Q: All of the following are examples of protectionism except most favored nation treatment…
A: Protectionism refers to the government policies that create a specific restriction on international…
Q: At the end of 2021, the Federal Reserve took an inventory of its foreign currency reserves. Since…
A: NCO or Net Capital Outflows is defined as the purchase of the assets of a foreign country by the…
Q: What is the interest rate of a total balance of $6,000 two years from now if you have a starting…
A: We know that A = P(1+r/100) ^n 6000/3000 = (1 + r/100) ^2 2^0.5 = 1 + r/100
Q: Moneytopia consists of an economy that only has two companies. Farm Corp is a business that grows…
A: Given information
Q: A Cost hot bórné by the producer but borne by other people is known as cost. an external an internal…
A: external costs (otherwise called externalities) allude to the economic idea of uncompensated social…
Q: cdon. In 1999, manufacturers lost $480 on each returned car (the auction price was, on average, $480…
A: Opportunity costs address the potential advantages that an individual, financial backer, or business…
Q: 3. Write a normal form representation of the game shown in the figure below and derive all pure…
A: "A pure-strategy nash equilibrium is an action profile with the property that no single player can…
Q: . Define the policy of quantitative easing. Is this a policy that is consistent with the underlying…
A: Interest rates are pushed lower by quantitative easing. This reduces the returns on the safest…
Q: Consider a Cournot oligopoly with two firms, where the demand curves are given by P = 100-Q,-2Q2 P2=…
A: Answer I attached below
Q: Which of the following statements is CORRECT? Question 17 options: Short-run decisions are not…
A: There are various factors that affect the production. Some factors are variable and some are fixed.
Q: the number of workers increase. Use the total production
A:
what is profit margin?
Step by step
Solved in 2 steps
- How do you define 'profit'?How to Determine "Accounting Profit"Buffy is thinking about opening an amulet store. Sheestimates that it would cost $350,000 per year to rentthe location and buy the merchandise. In addition,she would have to quit her $80,000 per year job as avampire hunter. Buffy thinks she can sell $400,000 worth of amulets in a year. What would her accountant consider the store’s profit? 2. Should Buffy open the store? Explain.