Why is it important to consider the debt-to-GDP ratio rather than just the absolute amount of the national debt?

Q: What is regressive and degressive tax?

A: Meaning of Tax Imposition: Here, the tax imposition or the tax hike refers to the situation under…

Q: From the trade model, we found that in most cases, trade creates value. Where do we see that…

A: As we know that people exchange the goods and service at certain price which is determined by…

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Q: Consider two countries Home and Partner trading industry goods. Partner’s supply curve can be…

A: Given information Partner's supply curve XSp=P-1 Other worlds supply curve XSrow=P-1 Import demand…

Q: Question 7 Suppose that currently we are in the era of ample reserves. The total amount of reserves…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Streaming services like Hulu and Netflix sell ______ access to movies and TV shows. Group of answer…

A: Streaming services like Hulu and Netflix are online platform which provide access to movies and TV…

Q: government spending and taxes both change by the same amount, how much must they chan

A: An inflationary gap, in economics, is the value by which the actual GDP exceeds potential…

Q: Suppose the world interest rate drop from r-5 to 2percent (assume government G-750). Find the…

A: The exchange rate at which the demand for a currency and supply of the same currency are equal. The…

Q: The price-demand equation and the cost function for the production of active styluses are given,…

A: We have the demand function as:  P = 470 - 0.05X  The domain of any function f(x) is those values of…

Q: In the short-run, we assume that capital is a fixed input and labor is a variable input, so the firm…

A:

Q: A key assumption for the identification of the ceteris paribus effect in a multiple linear…

A: Multiple linear regression model is a model of several explanatory variables for predicting the…

Q: Diagram 1 Price Level (PL) O ADO O AD1 YF O AD2 AD3 O AD3 AD4 If you cannot see the image above,…

A:

Q: .35 Price .50 .30 .15 Electricity Generation MR 2,000 2,700 3,000 AC Demand MC Quantity (GWh)

A: A monopoly market is the market with single seller due to which government sometimes regulate this…

Q: Suppose that there are two types of entrepreneur: skilled and unskilled. Skilled entrepreneurs have…

A:

Q: An inverse relationship between the rate of interest and the level of: income is suggested by the…

A: Interest rate changes affects economic activities in the economy. The investment is affected by the…

Q: A draw bench for precision forming and strengthening of carbon steel tubing has a cost of…

A: The value of an asset is equally decreased over each period with the straight line depreciation…

Q: Suppose that the monopolist can produce with total cost: TC = 20Q. Assume that the monopolist sells…

A: Monopoly market refers to the market structure that can be identified by one seller, who sells a…

Q: medical complexes and their service providers continue to move toward advanced health informatics -…

A: Given, Cost = 270000 Salvage value = 10000 Useful life = 6 Depreciation calculated as Double…

Q: Q) The market demand for the output is P = 80-Q, where Q is the output level and P is the price per…

A: A labor market is where workers and employees cooperate with one another.

Q: An econometrician finds the following estimates of the relationship between the price of tomatoes -…

A: Market power, also referred to as monopolistic power, is the capacity of a firm (or group of firms)…

Q: a) 1,500 units b) 2,000 units c) 2,500 units d) Unknown based on the given

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Q: The net balance of payments is Multiple Choice O O O the sum of the current account balance and the…

A: Balance of payment is the records of transaction with other countries. it consists two account…

Q: Which of the following is the BEST example of a firm operating in an oligopoly market? Group of…

A: Oligopoly markets are those where a small number of suppliers exercise market dominance. They may be…

Q: The Tampa Tribune and the St. Petersburg Times compete for readers in the Tampa Bay market for…

A: We are going to solve a Pure strategy Nash equilibrium to answer this question

Q: 2. Masood quit his job at the bank Muscat where he earned RO 50,000 a year to start his own…

A: Accounting profit is profit after reducing the explicit cost from total revenue , it is also known…

Q: Now consider an economy in which the government lowers its spending. In the long run, the result…

A: The amount of money allotted by the public sector for the purchase of goods and the provision of…

Q: QI. In this module we learned about severalreal-world complications that make monetary and fiscal…

A: Fiscal policy: It refers to the policy that help the government to increase the demand in the…

Q: Cash flows ($ millions) 0 -12 2 3 +5.20 +4.80 +4.40 Table Summary: The heading Period spans columns…

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Q: The market demand for the output is P = 80 – Q, where Q is the output level and P is the price per…

A: Labour market is in equilibrium where demand for labor and supply for labour are equal to each other…

Q: What is the budgetary procedure?

A: A government budget is a written agreement that details how much money will be generated, where it…

Q: Sort the following shocks into aggregate supply or aggregate demand shocks. Remember that "shocks”…

A: "Aggregate supply indicates total units of commodities that firms produce and sell at a given price…

Q: Assess the banking sector from the perspective of the macro indicators such as inflation rate, GDP,…

A: INTRODUCTION: INFLATION RATE:  Inflation may be a rise in prices, which may be translated because of…

Q: 2. What is the significance role of financial institutions, s and how it operates? of understanding…

A: A bank is a financial institution that takes deposits from the public and generates a demand deposit…

Q: Which of the following predictions is consistent with public choice theory?   a.  Voters always…

A: Public choice refers to the use of economic tools to deal with traditional problems of political…

Q: 2. A sports complex is to be constructed. Two plans are under consideration. Plan I is to construct…

A: A sports complex is to be constructed. Two plans are under consideration. While planning our focus…

Q: Life Oil Sdn Bhd (LOSB) is a small oil palm plantation company, it was incorporated in year 2010 and…

A: Badges of Trade is the activity that helps in deciding whether the activity is of Capital or Revenue…

Q: hich of the following is likely to increase the supply of labour? a decrease in fringe benefits…

A: Increase in the labour supply leads to cheaper availability of labor in the market. It reduces the…

Q: Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying…

A:

Q: Suppose that Karen deposits $500 into her checking account at the bank. The reserve requirement for…

A: Given information: Given the deposit amount = $500 Reserve requirement = 7%

Q: What is taxable ability and taxable qualification?

A: Introduction - According to the ability-to-pay taxation theory, taxes should be assessed in…

Q: The Chief Financial Officer (CFO) of a transnational company plans to build a new production site…

A: Bonds are utilized by corporations and governments to give debt. Investors purchase these bonds to…

Q: Which of the following is the BEST example of a firm operating in an oligopoly market? Group of…

A: This market arises when a small number of significant manufacturers or merchants hold a considerable…

Q: Economics In year 1 the CPI is 181, and in year 2 the CPI is 195. If Dennis's salary was…

A: inflation is typically a broad measure, such as the overall increase in prices or the increase in…

Q: The profit maximization condition is where he profit maximization quantity of output is at he profit…

A: The monopoly firm maximizes profit where the MR=MC. Monopoly firm has market power. Thus, it is…

Q: he graph shows the demand curve, marginal revenue urve, and cost curves of Bob's Best Burgers, a…

A: Answer to the question is as follows:

Q: 1.Which philosophers have discussed capitalism? What were their interpretations of it? Were there…

A: Capitalism  In a capitalist economy, private people or companies own the capital assets. Workers…

Q: Consider the extensive form game involving two players, N = {1,2}, illustrated in the game tree…

A: Above game is an example of an extensive game with two players  - Player 1 & Player 2  Strategy…

Q: Vera's Violins is the only shop in a town that sells violins. Vera, the shop owner, makes the…

A: Producing as much as possible from the resources that are available in an economy is the economic…

Q: Consider a monopolist facing Demand, Marginal Costs, and Marginal Revenue as illustrated in the…

A: Here, the given graph shows the sketch of a monopoly market where a monopolist is facing the given…

Q: Calculate the elasticity of demand when p = 25. q+400p= 8000

A: Demand means willingness to pay for a good or service.