Year 1998 1999 2000 2001 2002 Prin 176 125 150 140 160

Q: 5. The price of trade Suppose that France and Denmark both produce oil and stained glass. France's…

A: A country has a comparative advantage in production of a good when it is able to produce the good at…

Q: Zero coupon bond yields and oil forward prices for the next three years are: Year 3 Oil Forward…

A:

Q: Other things equal, an easy money policy will:     A)  reduce net exports.   B)  reduce GDP.…

A: Easy money can lead to more inflation.

Q: What do you think would happen if there were no taxes and you could spend all your money on capital…

A: Taxes are one of the major sources of revenue for the government. In case, there are no taxes and…

Q: suppose the the equilibrium real federal funds rate is 4 percent and the target rate of inflation of…

A: Economic equilibrium may likewise be characterized as the cost at which supply approaches demand for…

Q: Instructions: Analyze and answer the following questions A US Company plans to sell farm equipment…

A: Many factors like legal, economic, political, and cultural factors can affect the business condition…

Q: is, the inverse demand function is P= 20 – 0.001Q, on weekdays, it is P=12 – 0.002Q. You acquire sto…

A: *Answer:  Price discrimination is a selling technique that charges clients various prices for a…

Q: 2. A consumer buys only two goods, X and Y, with prices of pxand py and has an income of m. Use…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: A customer deposits his money in a bank for 10 million dollars for 2 years. If the deposit interest…

A: The value that depicts the value of the asset at a date in the future based on the rate of growth is…

Q: account today that earns 5.5% interest compounded monthly if you want to have $1500 saved in 2 years

A:

Q: n your own words, what do each Republic Acts below refer to? Describe simple ways on how you can…

A: As the countries are growing or developing, there are various problems also arising and these…

Q: The underground fare in your town has just been increased from a current level of $1.00  to $1.20…

A: Answer: Given, Percentage decline in the number of passengers = -10%=-0.1 Initial price = $1.00 New…

Q: Sharlene, the risk manager of Chief Rocking Records, has been asked to assist the corporate strategy…

A: * SOLUTION :-    From the given information the calculations are shown below as

Q: What are the types of Inflation?

A: Inflation is said to a sudden rise in the prices of the goods and services over a period of time in…

Q: What would be the average life time value of a customer?

A: Answer is given below

Q: Refer to the diagram. The initial aggregate demand curve is AD1 and the initial aggregate supply…

A: Inflation measures the rate of increase in the general price level in the economy.  Inflation can be…

Q: What are your three choices for reducing the amount of time spent waiting in traffic? What…

A: as an rational consumer or human beings the use of resources we should prefer in efficient and…

Q: Consider the demand curve P = 200 - Q facing a monopolist. The monopolist's cost function is given…

A: "A monopolist maximizes profits at a point where marginal revenue equates marginal cost."

Q: Discuss in detail the limitations of the IS-LM model. Why is it unrealistic for todays economies

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Q: Which theories explain property rights in companies according to their ownership?

A: The rights to use, receive money from, and transfer or trade goods and resources are known as…

Q: Refer to the diagram above.  The shift of the aggregate demand curve from AD1 to AD2 might result…

A: The aggregate demand refers to the curve that represents the total quantity of all goods and…

Q: Money functions as:   Question 6 options:   A)  a unit of account.   B)  a store of value.…

A: Money is used for the payment of goods and services.

Q: Because a monopolistic competitor has some monopoly power, advertising to increase that monopoly…

A: Because a monopolistic competitor has some monopoly power, advertising to increase that monopoly…

Q: Title Value Gross Private Domestic Investment Private Nonresidential Fixed Investment $3,134.201…

A: Gross private domestic investment is the degree of physical funding utilized in computing GDP…

Q: Uber is one of the giant private corporations and its mobile app allows people to arrange transport…

A: According to the kinked-demand theory, each firm's product has two demand curves. The firm will have…

Q: an economy where the various components of expenditure follow these equations: C = 10 + 0.8Yd I =…

A: A) Y= C+I+G+(X-M) Y= 10+0.8Yd+500+100+(300-0.1Y) Y= 10+0.8(Y - T)+500+100+(300-0.1Y) Y= 10+0.8(Y -…

Q: What are the different classifications of Inflation? Define. 2. What are the types of Inflation?…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you as per…

Q: Suppose a firm has only three possible plant-size options, represented by the ATC curves shown in…

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Q: e. Explain what the Polulation pyrmaid illustrates (means)

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Q: Suppose two consumers, Jack and Suzy, have identical utility functions defined for pencils (P) and…

A:

Q: 1-Which of the following is an example of frictional unemployment? A mother who has gone back to…

A: Let's first learn about frictional unemployment. It is a type of Economy which can even take place…

Q: 7 Suppose the exchange rate was 104 yen per dollar in 2017 and 110 yen per dollar in 2018. The…

A: "Exchange rate means the price of a nation's money in relation to another country's money."

Q: 6. Consider two ice cream sellers competing at a beach that is 1000 metres long. Ice cream prices…

A: In game theory, Harold Hotelling discovered the location game, which is frequently referred to as…

Q: Suppose in T-country, some people would like to migrate to S-country. Those people who would like…

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Q: If a monopolistically competitive market became perfectly competitive, output would likely: Choose…

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Q: 1. Assume a nco-classical aggregate supply model with both long run and short run aggregate supply…

A: Short-run alludes to the time-frame in which the makers need more opportunity to change every one of…

Q: A waiting line meeting the assumptions of M/M/1 has average time between arrivals of 2 per hour and…

A: The utilization factor or use factor is the ratio of the time that a piece of equipment is in use to…

Q: A boom may be caused by increase in aggregate demand in an economy. Explain how increase in…

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Q: In 2010 M1 was $2 trillion Currency was $850 Million Travelers checks were $20 Billion Demand…

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Q: Monopolistic Competition Questions 16-20 refer to Figure 6-2 below. This figure depicts a situation…

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Q: This is a two-player, simultaneous one-move game represented as a game table (normal form).…

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Q: 3. Consider the following table that presents the labour requirements for production in the East and…

A: Since you have asked for multiple subparts, we would be answering the first 3 for you. To get the…

Q: Homework (Ch 16) Place the black point (plus symbol) on the graph to indicate the short-run…

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Q: Consider the diagram below which depicts a two-household community consisting of household A and…

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Q: 3. Assume for simplicity that a monopolist has no costs of production and faces a demand curve given…

A: Market demand function  Q=150-P And cost of production is zero

Q: uppose that the typical consumer has a salary of $30,000 in 2017. His salary grows by 2% per year.…

A: Answer:    option-D is correct         He can always pay for his own consumption basket without…

Q: In the short run a perfectly competitive firm will Select one: a. shut down if P is greater than…

A: "A perfectly competitive firm is a price taker and maximize profit at a point where price equates…

Q: Figure 1 shows the 'Great Gatsby Curve' for a number of countries in (2019): Figure 1- Gatsby Curve…

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A:

Q: THE SIMPLE KEYNESIAN MACROECONOMIC MODEL CONCLUDES THE FOLLOWING ABOUT THE SOUTH AFRICAN ECONOMY

A: In the 30 months leading up to February 2006, it rose with a goal range of 3% to 6%.

Form Utility

The term utility in general refers to the satisfaction earned from usage of a particular product or service. Utility always plays an important role because it influences various important elements like demand & thereby the price of the good or service as well. Though utility is not easy to measure, various types of economic models can be used indirectly. There can be various types of utilities like economic utility, marginal utility, cardinal utility, form utility.