Which of the following is true of state constitutions? A. They tend to be shorter than the U.S. Constitution B. Their bills of right are part of their constitutions C. Most don’t contain a bill of rights or protect liberty D. Most avoid having three branches of government.

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A: "Explicit costs are direct expenses incurred by the business in the process of production of…

Q: 9. Suppose China can produce 60 units of medications or 60 units of furniture with one unit of…

A: In China, 1 unit of resource can be used to produce 60 units of furniture (F) or 60 units of…

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A: Here, private and social cost of gasoline at the quantity of 440  units is given with the benefits…

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A: The competitive advantage is the benefit one company enjoys and its rivals are not due to some…

Q: Consider a closed economy. A decrease in the price of goods that firms produce and an increase in…

A: When the amount of output required exceeds the amount of production produced. The total amount of…

Q: You are doing research on yield curves related to the spot rates of several different countries. You…

A: A yield curve refers to a curve that reflects the relationship between the yield or the interest…

Q: The Federal Reserve determines that the equilibrium level of output is above full employment and the…

A: Federal reserve is the central bank who regulates the supply of money in the economy.

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A: An expense for society made by market failure, which happens when organic market are out of…

Q: Let's explore the relationship between Marginal Product and Marginal Cost. Specifically, we have…

A: Answer: The following formulas will be used to calculate marginal product (MP) and marginal cost…

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A: Introduction Economies of scale means that as a producer increases the quantity produced/output, the…

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A: Answer: If the federal reserve buys bonds then it will pay the price of bonds to the bondholders. It…

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A: Given that; There are 6 firms in a market. when all firms charge the monopoly price, the per-period…

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A: The expenditure multiplier from the Keynesian Perspective is an expression for measuring an increase…

Q: For the cash flow diagram shown, solve for F, using an interest rate of 1% per month. F=? 19/

A: Given the values: Interest rate per month = 1% Annual interest rate = 1 + 1%12-1=1 +…

Q: The following graph shows a hypothetical demand function for federal funds . Currently , the total…

A: Given:Discount rate=3.5 percentInterest on reserves=1 percent

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A: The relative change in the amount demanded of a good and the relative change in price are used in…

Q: In California, let’s assume that Armando sells bagels in a monopolisticly competitive market.…

A: Armando operates in a monopolistically competitive industry, which means it is not a monopolist but…

Q: What is meant by General Electric(GE)?

A:

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A: Inflow of cash in the balance of payment account implies the cash is coming inside the country,…

Q: For example, a 12 oz cup of Coke is $1, and a 32 oz cup is $1.70. What explains this marketing…

A: To induce buyers to buy in larger quantities, sellers frequently offer a bulk discount. The merchant…

Q: When price is _______ average cost of production, profits are ______ due to  ________ averate…

A: Introduction this topic is related cost of production

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A: The oligopoly market is just like the market of monopolist but here there are more sellers but the…

Q: Given a recessionary gap, the Federal Reserve will use monetary policy to decrease; increase…

A: Mainly, there are two types of gaps in economics: 1. Inflationary gap 2. Recessionary gap

Q: At which point does the SMC curve cut the SAC curve?

A: The Marginal cost is the change in the total cost when one additional unit of output is produced.…

Q: Consider a two-firm model with a negative production externality. Let xi denote firm i’s output,…

A: Nash equilibrium is defined as the stable equilibrium that can be achieved because of the…

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A: When talking about an open economy, this economy maintains a balance of payment account to record…

Q: An industry contains two firms and the inverse demand function for the firms output is P-180-30,…

A: Firms competes based on the output in Cournot model. The output in the Cournot model is Nash…

Q: Consider the economy of XYZ, has the following indicators in the table below: Ct = 0.7Yt ̅Gt = 0.2Yt…

A: Disclaimer :- Since you asked multipart question we are solving the first 3 subparts as per…

Q: Which of the following is the best example of an intermediate good? Select an answer and submit. For…

A: Answer: Intermediate goods: an intermediate good is a good that is purchased with an aim to produce…

Q: Suppose the current level of output is 5000, and the elasticity of output with respect to capital is…

A: Elasticity of output with respect to capital measures how output changes when capital changes.

Q: How HubSpot company managed to increase customers and sale?

A: Knowing the sales volume can help you spot under performing goods and improve your sales process…

Q: 1. Expected inflation can be estimated as the return on a TIPS bond the return on a Treasury bond…

A: Expected inflation refers to the future estimation of an increase in general price of goods and…

Q: a) What is the equation for the firm's short-run marginal cost (SRMC) curve. Draw it on a graph with…

A: Here, the short run total cost is SRTC=200+5q+0.5q2 where q is the number of rugs a firm produces.…

Q: Consider two standard Keynesian models. In Model 1, there are two types of consumers, Type A, who…

A: Keynesian model: It refers to the economic theory which is related to the total spending of the…

Q: 5. The price of good x increases from 4 to 6. A consumer with an income of 120 buys 15 units of good…

A: Answer: Substitution effect: it shows the difference between quantity after the increase in price…

Q: Problem 51: With the table below showing the firm's outputs given the labor inputs: Labor 1 2 3 4 5…

A: "A profit-maximizing labor quantity occurs at a point where the value of the marginal product of…

Q: Q1/ If you have the following demand function: Px=2 100 = Y, answer the following P=8 1- The value…

A: "Income elasticity of demand show the responsiveness of quantity demanded of a commodity with…

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A: The policy undertaken by the central bank of a nation to stabilize the economy is referred to as a…

Q: Which of these statements is true? Select all correct answers. Relative to February 2021, the…

A: Federal Reserve System is the financial institution which is also called regulating body and it…

Q: he Electronics Warehouse, Inc. is a leading retailer of home theater systems. Demand for home…

A: Disclaimer :- since you asked a multipart question we are solving 1st 3 subparts as per guidelines .…

Q: Analyze and compare fiscal and monetary policy in order the generate macroeconomic stability between…

A: Monetary policies are the measures taken by central banks to maintain the monetary as agreeably as a…

Q: Economists have argued that betting on which foreign leaders will be assassinated or overthrown, or…

A: An economist is a person who works in one of the numerous branches of economics or has a degree in…

Q: 14 Calculate the term of each annuity: Future Value Present Value Size of Payment a. So $8,500 $675…

A: Introduction. Annuity A series of fixed income in an equal time interval is called an annuity.

Q: investment has been made to an account at a simple interest rate of 12.122% and is expected to earn…

A: Answer to the question is as follows:

Q: escribe three types of exchange market interven at the Australian government can use if quilibrium…

A: Exchange rate, the cost of a country's cash corresponding to another nation's cash. A swapping scale…

Q: A bookstore sells 90 textbooks at a price of $70 a book. The average total cost is $50 per textbook.…

A: Given that : Number of textbooks = 90 Price of a book = $ 70 Average total cost = $ 50

Q: help

A: The investment is the induced investment and autonomous investment. The autonomous investment is the…

Q: The Glass-Steagall Act of 1933 a) allowed banks to do investment banking and insurance in addition…

A: When talking about the Glass-Steagall Act. of 1933, it was implemented in the US under the rule of…

Q: Consider an AD-AS model with AD curve Y - Y* = -ay(π − π*) + €d and AS curve π = π² + OB(Y - Y*) +…

A: Aggregate supply refers to the cumulative quantity of a firm's production and selling, or the real…

Q: Let us define Free agency as a professional athlete who is not under contract and is free to auction…

A: Labor is an important factor of production or input that is used by the firms to undertake various…