Why do banks create money? Do they create money to help the Federal Reserve control the money supply or is there a more basic reason?

Q: What are some of the ways that global cooperation has an effect on information management? In the…

A: Globalization has drastically transformed the way the world works. The boundaries that formerly…

Q: Suppose there are 1,000 potential customers spread evenly along a 10 kilometre straight road and…

A: Here, there are 1,000 potential customers spread evenly along a 10 kilometer straight road and each…

Q: Fred the farmer purchased five new tractors at $20,000 each. Fred sold his old tractors to other…

A: GDP measures the value of goods and services produced within the country during a specific period of…

Q: A country is considering restricting outward FDI.  Domestic firms are arguing that establishing new…

A: FDI is foreign direct investment. This mean that foreign companies invest in the business of another…

Q: Country A follows a fixed exchange rate policy that pegs its currency to the currency of country B,…

A: We consider country A as the domestic country and country A's currency as the domestic currency for…

Q: assume that there is a furniture store in Ventura. At a specific output level, this furniture…

A: The marginal cost (MC) bend is defined as the change in total cost divided by the change in energy…

Q: P-MC 1 We know that Lerner Index = - The prices charged by a pharmaceutical company are P E 1,500%…

A: Learner’s index measures the marker power of the company.

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A: Currency of country is the monetary amount of money that is used to purchase goods and services in…

Q: miracle-growth economies often have very high investment. True or false ?

A: Economic miracle is a casual economic term for a time of sensational economic improvement that is…

Q: Price (S/unit) $100- 90 588888888 80 70 60- 50- 40 30- 20 10- D₁ 0 10 20 30 40 50 60 70 80 90 100…

A: Price floor  In a market, the prices of the commodity and services are set by the demand and supply…

Q: Two different boutique wineries supply two towns: town A and town B. Winery 1 supplies town A and…

A: Given  The marginal cost of each winery MC=20 Initially, winery 1 supplies town A having demand…

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: In 2021, Australia’s GDP growth rate was 3.4% which is much higher than its 10-year average. In…

A: Exchange Rate refers to the value of a certain currency denoted in terms of another currency. It is…

Q: The following are correct statements about the Labor Market model, EXCEPT:   Question 14 options:…

A: The measure that depicts the interaction that takes place among employees and workers in the economy…

Q: Suppose, at a given point in time, Stephanie's Soda Fountain sells ice cream in a perfectly…

A: Given : Perfectly competitive market Producing at the profit maximizing level of output. ATC=$3.3…

Q: The marginal cost of admitting an additional fan to watch the Sacramento Kings play basketball is…

A: The concept of marginal cost comes out of the topic of total cost which is given by the sum of…

Q: According to Budget 2022-23, the Australian government is planning to “Building the skilled…

A: Aggregate demand curve shows the inverse relationship between price and quantity demanded. The…

Q: "If taxes and government spending are reduced by the same amount, there will be no effect on…

A: The multiplier for expenditures The expenditure multiplier, which depicts how changes in autonomous…

Q: Loan payments of $2,750 due 96 days ago and $3,100 due today are scheduled to be repaid with a…

A: Simple Interest: A = P (1 + r * t) ,where A = Amount at end P = Principal r= Rate of interest, and t…

Q: arriott International, Inc seven components of macro-environment

A: It is now undergoing a successful expansion campaign, which has resulted in considerable revenue…

Q: What happens to the price of peaches if consumer income declines?

A: The normal good refers to the good whose demand is positively connected to the level of income.…

Q: Table 19.3 Candles Soap Bryce 150 450 Tina 200 450 Bryce and Tina are artisans who produce homemade…

A: Opportunity cost is cost of choosing one alternative options at the cost of another alternative…

Q: If real GDP per capita for Nelsonville grew from $8 trillion to $16 trillion between 2000 and 2020,…

A: Here, it is given that the real GDP per capita in Nelsonville in 2000 was $8 trillion and it was $16…

Q: "Z" earns price "Z" earns $3 million $1 million ("Z") "W" earns "W" earns $1 million $2 million Low…

A: In the oligopoly market, the firms have massively interdependent. Action of one firm decides the…

Q: Gal 1 2 3 0.1 04 0.3 should the shop expect per hour? pect 2.6 calls per hour. a decimal. Do not…

A: Given, Repair call (x) probability 1 0.1 2 0.4 3 0.3 4 0.2

Q: The Paunch Burger restaurant chain currently produces 250,000 units of output by using 2,400 units…

A: Marginal rate of technical substitution =  - Change in capital / Change in labor

Q: In the balance of payments, capital and financial account inflows might lead to future current…

A: Capital and financial account inflow refers to the situation when a country is getting more foreign…

Q: true or false & why Russia demands payment in the rouble, which is Russia’s currency, for Russian…

A: Currency is a kind of payment that may be utilized for the purchasing and selling of goods and…

Q: The long-run aggregate supply curve will shift outward to the right when there is economic growth. O…

A: The long-run aggregate supply (LRAS) curve is vertical in nature.  It implies the full employment…

Q: tivity 3: Effects of Government Policies Directions: Identify the appropriate government policy…

A: "In macro-economics there are two types of policies: Fiscal Policy and Monetary Policy. Fiscal…

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

A: According to Keynesian economics, the government's fiscal and financial policy may impact the…

Q: Under the Consideration clause in a Major Medical policy, he insurance company's consideration to an…

A: Insurance, also referred as insurance coverage or insurance policy, is a legal arrangement between…

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: This graph shows the seasonal factor taken out of the series after performing the decomposition.…

A: In the given graph, the data is centered at 0 to make it consistent. This is because of the reason…

Q: Use the following diagram for a monopoly to answer the questions. Price and cost per unit MC $30 ATC…

A: The monopoly market is characterized by the presence of single firm. The single firm is price maker.…

Q: Given the following supply and demand functions: Qdx = 1,600 - 6 Px +0.5 Py-0.5 Pz+0.005 1 Qsx = 550…

A: "Supply function reflects a positive relationship between the price of the product and the quantity…

Q: QUESTION 12 What type of products are made using the principle of allocative efficiency? a. Those…

A: Allocative efficiency is one the principle efficient production is based on.

Q: What is monopolistic competition?

A: Structure of the market is classified on the basis of number of buyers and sellers, product…

Q: Use the graph to answer the question that follows. Real GDP Potential Real GDP Actual Real GDP Time…

A: Potential GDP is the natural rate of output produced when the economy is at full employment.

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: Explain how the cost of a country’s tariffs is calculated as a percentage of gross domestic product…

A: GDP refers to the final value of goods and services that produced in a certain period of time in an…

Q: The new country joining the EU at the beginning of 2014 is: a. Slovenia. b. Latvia. c. Slovakia.…

A: EU stands for European Union.  It is the economic and political union of 27 countries of Europe.

Q: Question 20 Which of the following is a credit item in the Australian capital account? Australia…

A: When talking about The capital account of balance of payment account, it can be said that all…

Q: In the perfectly competitive market for mobile phone production all firms have access to the same…

A: Aggregate demand falls as a result of these negative demand shocks.

Q: Instructions: Enter your answer as a whole number. If you are entering a negative number include a…

A: Aggregate demand refers to the cumulative spending on goods and services produced in the domestic…

Q: Although firms are most often categorized as either goods producers or service providers, the line…

A: Question 2 There are three types of sectors in the economy primary, secondary and tertiary sectors.…

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

A: Aggregate demand (AD) is a downward sloping curve indicating an inverse relationship between…

Q: One proposal for reforming the welfare system is to create a negative income tax. Under the negative…

A: Budget constraint means the maximum amount of money that will end up in the hands of the person who…

Q: 3- If the slope is equal to 0.5 slop, then the amount of to. Note that 7 = xi elasticity at the…

A: The slope of the demand curve shows the ratio of percentage change in quantity demanded to the…

Q: To what extent do you agree with the statement that a monopoly is always a worse situation for…

A: A monopoly is a market structure where there is a single seller and many buyers.