Will GDP be smaller than the sum of consumption, investment and government pichases if net exports are negative

Q: What are good economic institutions, why do so many developing countries lack them, and what can dev...

A: Economic institutions are the institutes or organisations that deal with money or with managing the ...

Q: Assume a restaurant operates from 11 a.m. to 11 p.m. seven days per week.a. How much capacity does t...

A: Capacity means the ability or calibre to do or complete any task. Capacity differs from person to pe...

Q: The average hourly wage in 1975 was $6.50, and $17 in 2002. CPI stood at 42 in 1975 and the CPI base...

A: CPI 2002 = 100 as base year Wage in 1975 = $6.50 Wage in 2002 = $17

Q: Suppose that the price of good 1 increases. The amount of additional income a consumer requires to r...

A: When the price of the good increases, the consumer would definitely shift to the other good but he c...

Q: And then I need to know what happened to the change in equilibruim price when the magnitude of the s...

A: A rightward(leftward) shift in a demand curve essentially represents an increase(decrease) in quanti...

Q: If the supply and demand functions are specified as follows : a. P = 10 - 2Q and P = 2/3Q + 1 b. Q =...

A: P=10-2QsP=2QD3+1 The normal supply and demand function in terms of price levels will be, 2Qs=10-PQs=...

Q: Sodium-sulfur batteries are potentially a substitute for lithium batteries.  Carbon is often used al...

A: If the price of sodium-sulfur batteries decrease, then the price(P) of lithium batteries also will f...

Q: Determine how the equilibrium price and equilibrium quantity in the market for coffee changes if th...

A: the price of tea, a substitute for coffee, decreases, The substitute goods are those good which can...

Q: Economics Question

A: Suppose the equilibrium price of tea is P and quantity is Q where the demand curve of tea (D) inters...

Q: Assume that an economy is initially operating at the natural rate of output (full employmer putput)....

A: AD and AS model: The aggregate demand (AD) curve represents the total quantity of goods and services...

Q: just answer the last question in part e it begins with"Lastly, how would the......"

A: The utility function given to us is,  Ux1,x2=2lnx1+lnx2  Where x1 and x2 are two goods consumed by t...

Q: Define the four ecconomic resources (the factor of production).How are they Relevant to the producti...

A: Economic resources or factor inputs are used in production of output. These are also known as factor...

Q: Economics Question

A: Answer: Correct option: (C) Explanation: Ceteris paribus, if the government removes a tax on a good,...

Q: Suppose that in Zambia, people consume only two goods, peas and beans. Suppose that John, a citizen ...

A: Given income of the person J is ZMW 10, Price of beans is 20N per kg, Price of peas is 40N per kg, W...

Q: The demand for a product is Q = a - P/2. If there are 4 firms in an industry and marginal cost is MC...

A: Given:MC=20P=56Q=a-P/2P=2a-2QTR=PXQTR=2aQ-2Q2MR=dTRdQMR=2a-4Q

Q: Suppose the revenue (in dollars) from the sale of x units of a product is given by R(x) =  56x2 ...

A: R(x) = (56x2 +65x)/(2x+2)

Q: What is import substitution industrialisation? What role does learning by doing plays and when does ...

A: The importing is the process of purchasing commodities and services from markets that are located ou...

Q: Using two teams, initiate an argument that agrees (Pro) with the Fed actionand an argument that oppo...

A: Fed is the central body which governs the monetary policy of the country and controls the financial ...

Q: Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly l...

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for y...

Q: Intelligent Inc. specializes in the manufacture ofcomponents for personal computers. Managementhas d...

A:

Q: Is either helicopter money or quantitative easing preferred in times of severe recessions in order t...

A: The term Helicopter Money is given by Milton Friedman in 1969. It means dropping money from the heli...

Q: (question has three parts below) In Gainesville, people hold $1,000 of currency and $4,000 of demand...

A: 1. Given:Currency=$1000Demand deposits=$4000Reserve-deposit ratio= 0.25   Money supply=Currency+Dema...

Q: Inflation in Theoretica is currently below the target range of its central bank. What does this tell...

A: The difference between actual output and potential output is the output gap.

Q: Discuss pros and cons of having government involved in providing and/or paying for health care.  If ...

A: Pros Of Having the Government Involved in Healthcare: Government can provide universal healthcare s...

Q: Suppose that you are the vice president of operations of a manufacturing firm that sells an industri...

A: At equilibrium, quantity supply matches with its demand. 

Q: Imagine a firm with a marginal abatement cost (MAC) function equal to: MAC = 45 - 5E. The government...

A: Given, MAC = 45 – 5E Per unit tax = $10

Q: You plan to travel in Europe this summer. If you do, you won't be able to take your usual summer job...

A: Answer: Introduction:  Opportunity cost refers to the cost of the next best alternative forgone to t...

Q: Refer to question 1 and do a, b, c

A: a) According to question given that An amount of 1000 is invested in saving account with 2% annual c...

Q: With an interest rate of 8% compounded semiannually, the value of a$1000 investment after 5 years is...

A: Given interest rate = 8% Half yearly interest rate = 4% Number of years = 5 years Total counding num...

Q: explain how the federal government finances and services its outstanding debt and how the federal de...

A: In order to meet its expenditure, every government takes several types of loans. This is known as pu...

Q: Analyze the effect of a price ceiling in the market for wheat on equilibrium price and quantity. Wil...

A: Price ceiling for agricultural products is a government imposed price control which fixes the maximu...

Q: Describe how equilibrium is found. Describe how a shift of the demand or supply curve can affect equ...

A: Equilibrium: The equilibrium can be found with the market forces, i.e. Demand and supply. The equil...

Q: Why are expenditures such as crime prevention and education typically done at the state and local le...

A: The central government will be of uniform nature throughout the country. The state of the local leve...

Q: In the Disney movie Frozen, the Kingdom of Arendelle changes overnight from a warm, flower filled pl...

A: Demand for a commodity depends on the desire backed by ability to but and willingness to pay for the...

Q: Suppose you live in a community of 5,000 people where everyone wants to work and seeks employment. I...

A: ANS Since it is given that 4000 people out of 5000 are over 16 years of age, therefore we will consi...

Q: There are several close substitutes for Bayer aspirin but fewer substitutes for a complete medical e...

A: Substitute Goods: The term substitute goods refer to the commodity that can be used in the place of ...

Q: answer and discuss pls

A: In an economy, people interact to make various economic, financial and business deals with each othe...

Q: (2) Consider the utility function u(x, y) = Vx+ay. Your budget constraint is P1x+p2y = М. (a) Find t...

A: Since you have not mentioned which question you require an answer for, as per our standard procedure...

Q: Jack promises to pay $1000 at the end of 6 months in obtaining a loan from a banker B who charges 6%...

A: Annual interest rate can be calculated by using the following formula.

Q: is Q = a - P/2. If there are 4 firms in an industry and marginal cost is MC = 20, then the price in ...

A:

Q: Why is a country better off not isolating itself from all other countries? Why do we have markets, a...

A: Isolation is not a solution to development and thus,  there must be a free flow of goods and service...

Q: Discuss the difference between “Public Rulings” Vs “Private Rulings” PLEASE PUT 3 REFERENCES

A: Different countries have different ways to issue statements or rulings on how some certain tax will ...

Q: "that lowering interest rates in the recessionary COVID-19 period is good policy because it will gua...

A: Lowering the interest rate is the expansionary monetary policy available to the central bank of any ...

Q: Qs=2p and Qd=300-p. The equilibrium price is 100 and the equilibrium quantity is:

A: Answer: Given: Supply function: Qs=2p Demand function: Qd=300-p Calculation: For equilibrium price a...

Q: What defines market equilibrium? How about market disequilibrium? What are the contrasting propositi...

A: Market equilibrium is attained when demand in market is equal to the supply in market. The equilibri...

Q: Answer d,e,f and g Many elderly people in the US receive Social Security payments as their sole sour...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: Make up an example of a monthly demand schedule for pizza and graph this implied demand curve. Give ...

A: Demand schedule refers to the table that shows the demand for good at different price level.