What is real GPD? Why do economists prefer to use that as a measurement over regular GPD? Explain.

Q: is(Enter your response rounded to the nearest whole number) The forecast for week 13 is

A: 13 751

Q: As the Federal Reserve sharply raises rates in the face if substantial inflationary pressures,…

A: Introduction: 1) Inflationary pressure are variety causes that are seed for inflation. The…

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Q: 1. Firms can expand or contract based on market conditions 2. Capital is fixed ? 3. Firms face…

A: Workers Total Output Marginal Product 0 0 -- 1 65 65 2 98 33 3 110 12 4 112 2 5 112…

Q: Question 3 Suppose that quantity demand falls by 29 as a result of a 14% increase in price. The…

A: Elasticity refers to a usual measurement of a variable's responsiveness to changes in other…

Q: Siemens AG invests €80,000,000 to build a manufacturing plant to build wind turbines. The company…

A: The time it will take for a business to recover an investment is known as the payback period. The…

Q: Since it is counted as an investment, why doesn't the purchase of equipment from Caterpillar (a U.S.…

A: Gross domestic product estimates the money-related worth of definite labor and products that is,…

Q: Why do Countries Use Restrictions on Trade? What are the Reasons?   Types of Trade Restrictions:…

A: Trade Restriction:- A trade restriction is a manufactured barrier to cross-border exchange in…

Q: Find the marginal efficiency of capital if the prospective yield is 291 and the supply price is 52.

A: Gradually supply price is denoted to be as that consecutive price which relates to the amount of the…

Q: A company produces and sells a consumer product and is ableto control the demand by varying the…

A: Relationship between price and demand p=38+2700D-5000D2  for D>1 Where D is the quantity demanded…

Q: VALUATE THE REQUIRED VALUE BASED ON THE GIVEN STANDARD NOTATION   BD20,500 (A/P, 9%, 7)   2.…

A: 1. BD20,500 (A/P, 9%, 7) 2. BD590 (F/A, 5%, 10)

Q: .If MR > MC, the monopolist should: MR Marginal Revenue = MC Marginal Cost =

A: Monopolist refers to the market where only single firm exists in the market. Single firm is price…

Q: 9 ECONOMICS OF ILLICIT DRUGS In reference to the optimal level of drug consumption, explain how the…

A: Answer to the question is as follows:

Q: Shawn Pen & Pencil Sets Inc. has fixed costs of $421,400. Its product currently sells for $18 per…

A: Change in break-even point is witnessed when one of its elements, namely, fixed cost, variable cost,…

Q: If the price of suntan lotion increases from $6 to $8 per bottle and quantity demanded decrease from…

A: Price Elasticity is a proportion of the connection between an adjustment/change of the quantity…

Q: In a credit market, type B borrowers repay 89% of the time and type C repay 76% of the time. They…

A: The relative pooling rate is the amount of credits that are anticipated to be repaid given the…

Q: Economics (Table: Positive Externalities from State Parks) Use: Table: Positive Externalities from…

A: The presence of externality leads to spillover costs or benefits to third party who is not directly…

Q: 2. The inflation rate of Alternatown is currently 3.75%, and the real interest rate is currently…

A: Here, some information about inflation rate, real interest rate and nominal interest rate is given…

Q: Which of the following statements is correct?

A: c) A company must use LIFO for financial reporting if it uses it for tax purposes.

Q: nomics onsider two countries, the United States (U.S.) nd Japan. In the U.S., there are two firms,…

A: Calculation of GDP using Expenditure Approach : GDP = C+I+G+NX where, C = Consumption by households…

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A: The given table represents the number of hours necessary to produce one unit of cloth and wine:…

Q: Avg. ann. Growth rate 6.3 Cell B Cell C 1.9 years for wealth to double Cell A 29.17 23.33 Cell D 57.…

A: According to Rule of 70: The number of years to double = (70 / Average annual growth rate)

Q: A small monopoly manufacturer of widgets has a constant marginal cost of $15. The demand for this…

A: In economics, the marginal cost of production is the change in total production cost that comes from…

Q: At the profit maximizing output, for the monopolist,    options:   price is greater than marginal…

A: Monipolist is a single seller in the market selling unique good.

Q: If 45 units are sold at a price of $15 and 75 units are sold at a price of $10, what is the absolute…

A: given  initial units of commodity=45 new units of commodit=75 initial price =$15 new price=$10 to…

Q: (a) Heather borrowed $5000 from her grandmother as a down payment on her first car. She promised to…

A: The values provided in the question are as follows: (a) Let princpal is $5000, time is 2 years, rate…

Q: In a foreign exchange market, the point is a(n). Select the correct answer below: exchange rate

A: The flexible rate of exchange determines the equilibrium exchange rate decided in the foreign…

Q: Firm Gamma’s profit is Profit=

A: Condition to maximize profit is MR=MC Use this condition to find P and Q ----------------- Profit =…

Q: 1. Suppose that the money market can be depicted in the graph below Interest rate (M/P)2 (M/P)⁰…

A: The federal reserve Conducts the country's financial strategy by affecting cash and credit…

Q: CENGAGE MINDTAP omework(Ch 13) 1. Definition of economic costs Sean lives in Detroit and runs a…

A: Explicit cost refers to the cost which is incurred for running a business. It includes the payments…

Q: QUESTION 14 Which of the following does not describe an individual who uses the S-shaped value…

A: According to the prospect hypothesis, investors place a distinct amount of importance on gains and…

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Q: Exhibit 11-11, the total wage cost of hiri employees is equal to: oup of answer choices 1.50. 5.50.…

A: Minimum wages have been characterized as the base measure of compensation that a employer is…

Q: Round to one decimal place and do not enter the % sign. If your answer is 6.15%, enter 6.2. If…

A: The unemployment rate is a process of computing the % of the labor force that is jobless. As the…

Q: public good, a private good, a natural monopoly good, or a common resource, and explain your…

A:

Q: 7. The freerider problem can be overcome by public service announce- ments or campaigns attempting…

A: The freerider problem occurs where the people enjoy the benefits of goods or services but not ready…

Q: Suppose that the supply curve of workers is given by w = 14 + 6Es, while the demand curve is given…

A: Note:- Since we can only answer up to three subparts, we'll answer first three. Please repost the…

Q: Which of the following definitions is correct? Economic profit accounting profit - implicit costs…

A: An economic profit or loss is the difference between the revenue received from the sale of an output…

Q: If mortgage rates rise from 5% to 10% but the expected rate of increase in housing prices prices…

A: Given the information: The rise in mortgage rates = 5% to 10% Rise in price of houses = 2% to 9%

Q: What is engineering economi

A: Engineering economy or engineering economics refers the systematic evaluation of costs and benefits…

Q: Suppose a firm is producing an output level for which price exceeds average total cost. From this…

A: Average total cost is alluded to as the whole of all creation costs separated by the total amount of…

Q: How much money must the company set aside now in an account that earns interest at a rate of 14% per…

A: Let's revisit the C.I formula --> A= P(1+r)^n Modify this formula to our requirement - Since…

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A: The Nash equilibrium is a decision-making theorem within game theory that states a player can…

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A: Fixed costs are the costs which can't be altered in the short run and on the other hand the variable…

Q: For which of the following industries is the supply-and-demand model likely to be most accurate? The…

A: In general, industries, where there exists neither excess supply nor excess demand, are considered…

Q: 3 . Measuring GDP The following table shows data on consumption, investments, exports, imports, and…

A: Given  Consumption expenditure C =12,757.9 billions of dollars Investment expenditure I = 3,035.7…

Q: Freddie sees a watch for sale in the window of a shop with a price tag of $50 attached. Explain…

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Q: Consider a baseline long run steady state equilibrium where output is 22 trillion dollars, and the…

A: Equilibrium  Equilibrium is the point in the market at which the demand and supply are equal to each…

Q: Suppose South Africa produces only two goods: corn and cars. The following graph shows South…

A: Production Possibility Frontier:- The graph can be explained as the Production Possibilities…

Q: 4

A: The central-bank lends money to its member banks. The rate at which the central-banks loan them…