Which of the following is NOT a reason why countries impose tariffs on imports? Protect domestic industries Retaliation National security None of the above

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A: Given: The face value is = $1,000 The price value is = $926.78 The real interest rate turns out to…

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A: Aggregate supply is an economy's gross domestic product (GDP), the total amount a nation produces…

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A: Utility is a term in economic matters that alludes to the all out fulfillment got from consuming a…

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A: Farmer Brown will charge a price of $40 per box of peaches. Farmer Brown maximizes profit when…

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A: Annual depreciation is the usual every year price at which depreciation is charged to a hard and…

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A: Mid point formula for elasticity = Change in Q/Change in P x P`/Q` Where P` = (P1+P2)/2 ,…

Q: N3     Give three reasons why a central bank may consider output to be a better target than…

A: Answer to the question is as follows:

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A: (Q) Disney just raised its 3 day 3 park pass from $110.00 to $121.00. Sales fell from 4,000 per week…

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A: Below is the given table:

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A: Aggregate demand = Consumption + Government spending + Investment + Net exports If net exports…

Q: Discuss the relationship that exists amongst the three short - run total cost curves. Motivate your…

A: The three short run cost curves are average  cost curve ,marginal cost curve and average fixed cost…

Q: With liability laws , a polluter will not have any compensation cost if they do not cause any damage…

A: a True

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A: Market refers to the exchange of goods and services that takes place as a result of buyers and…

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A: Given information: At the price of $3.25, A-one bakery sells 350 fruit cake slices  When the price…

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A:

Q: the following table shows the approximate value of exports and imports for the United States from…

A: GDP refers to the market value of final goods and services produced in a country during a particular…

Q: How does a person’s interpretation of macroeconomic history affect his view of macroeconomic policy?

A: It is challenging to study macroeconomic policy without studying macroeconomic history because the…

Q: Which statement matches the evidence presented in the trade and inequality podcast best? Trade makes…

A: Note: We will answer the first question as the exact one was not specified. Please resubmit a new…

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A: Suppose that there ----------------‐------ price of each is $570,000. Willingness to buy must be…

Q: SOLVE IT CORRECTLY AND DETAILS Q)Explain the relationship between inflation and unemployment, as…

A: Phillips curve explains relationship between inflation and unemployment. There is tradeoff between…

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A: Given information 2-period consumption model 2 periods: Current period and future period Government…

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A:

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A: Inflation decreases our purchasing power so Pension income is increased to compensate for that. You…

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

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A: Answer to the question is as follows:

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A: Intertemporal substitution is a hypothesis which shows the movement of employment and also accounts…

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%

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A: The certainty equivalent can be used by a business looking for investors to calculate how much more…

Q: Why Ghana is considered an importer of inflation?

A: Inflation is generally a situation where the increase in prices can be seen and they are evident…

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A: In a perfectly competitive market, there are many buyers and sellers. Firms produce identical goods…

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A: The Consumer Price Index measures the overall change in consumer prices over time based on a…

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

Q: explain in detail, the shape of the individual supply of labor curve. illustrate your answer with…

A: The labour supply curve demonstrates the supply of labour at a different level of wages. The labour…

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A: Firms in imperfect competition maximize profit by producing at a level where marginal revenue equals…

Q: Now two changes occur in the market for chocolate. A drought in cocoa growing areas decreases the…

A: Equilibrium is achieved at a point where demand curve intersects supply curve. At this point,…

Q: Check the following production functions verify the following (i) out increasing L and K, (in)…

A: We use the following condition F(tL,tK) >tF(L,K) IRS F(tL,tK) < tF(L,K) DRS F(tL,tK) = tF(L,K)…

Q: 1. For each case, determine the maximum quantity of money generated in the economy after all rounds…

A: Money multiplier = (1 / Reserve requirement)  Maximum increase in money supply = Money multiplier *…

Q: Clarify statement: "Economic growth, when accounting for inflation, is the increase or improvement…

A: Real GDP = Nominal GDP - Inflation

Q: One can say with certainty that equilibrium quantity will increase when:

A: It is possible to calculate the change in equilibrium output if demand and supply vary in the same…

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A: The budget constraint is the limit of all opportunity — all potential mixes of utilization that…

Q: 1. • True/False: Net exports = exports plus imports. . True/False: The estimated market value of…

A: 1. a. The difference between the exports and imports refers to the net exports. Net…

Q: What happens to the equilibrium price when there is an increase in demand and a decrease in supply…

A: b) Price Falls

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: A firm has found from past experience that its profit in terms of number of units x produced, is…

A: Profit maximization is a cycle business firms go through to guarantee the best output and price…

Q: You invested $5131 for 9 years at 4.82% per annum. How much more would you receive at the end of the…

A: Given, Principal = $5131 time = 9 years = 108 months rate = 4.82% annual = 0.4016% monthly The…

Q: 1. In case of perfectly inelastic supply- a. The resource substitution for the good is nearly…

A: Perfectly inelastic supply is such a condition where there will be no change in the quantity/output…

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A: Demand refers to the desired quantity of any goods for which the consumer is willingly able to pay.…

Q: Suppose that quantity demand falls by 25as a result of a 14% increase in price. The price elasticity…

A: Change in quantity demanded = - 2% Change in price = 14%

Q: From the FT in mid-June: “China has approved record amounts of investment to flow out of the country…

A: When accounting for Balance of payment of a country ,capital account takes into consideration the…

Q: Given the information in the table, what was the inflation rate in 2034 (expressed as a %)? Round to…

A: The consumer price index gauges changes after a few time in the general level of prices of goods and…