Your older sister is planning on saving money by paying her bills, spending money on fun, and then saving whatever is left over. Why is this not the best option for saving her money?

Q: 1. Understanding the implications of taxes on welfare The following graph represents the demand and ...

A: Equilibrium without tax in the market occurs at the intersection of demand and supply.

Q: 1. Assume that when the price of X decreases the consumption of Y remains the same. Draw the appropr...

A: If the price of X decreases but the consumption of Y remains the same, one possible scenario could b...

Q: Activity 2 Statistics Reading The most major economic problem of our country today is the reduction ...

A: A positive economic growth rate means the production of goods and services is increasing. A negative...

Q: Consider a bond with a principal of $1,000 that pays a coupon of $100 per year. If the bond matures ...

A: Bond: It is a fixed income instrument that represents a loan made by an investor to a borrower. We a...

Q: abor productivity on the ABC assembly line was 22 units per hour in 2008. In 2009, labor productivit...

A: Given: Labor productivity: 2008=22 units per hour 2009=21 units per hour

Q: The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $580 per person pe...

A: Amount charged by the owner of a luxury motor yatch= $580 Number of people signed for cruise= 20 Let...

Q: If you invest $2000 at 12% annual interest rate, compounded weekly, how much would you have after 5 ...

A: Given, P = Principal Amount = $2000 r = Interest Rate = 12% = 0.12 t = Time = 5 years Compounded Per...

Q: Why it could be the case that after an initial sharp increase, the budget deficit could drop through...

A: Budget deficit is when the government's expenditure exceeds the government's income.

Q: 12. To prevent adverse selection, health and life insurance companies   Question 12 options:   a)...

A: Adverse selection in the insurance industry is defined as a situation in which insurance coverage is...

Q: The the nominal interest rate, the is the quantity of money demanded. O a. more variable; smaller O ...

A: The money demand is a function of the price level, income level, and nominal interest rate. The mone...

Q: Problem #1 Competitive Equilibrium Find the competitive equilibrium if types are not observable for ...

A: Given θ₁ = 3, θ₂ = 6, θ3= 9 lottery · P(θ = θ₁) = 1/3, P (θ = θ₂ ) = 1 / 3 , P(θ = θ) = 1/3 Reservat...

Q: e. Expanded use of online payments reduces the amount of money people want to hold. The central bank...

A: Consider the below points: *Is curve shows the inverse relationship between the interest rate and ou...

Q: Q³ = 100 + 3P Qd = 400 – 2P %3D where Q® is the quantity supplied, Qd is the quantity demanded and P...

A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be...

Q: In 1980, Denmark had a GDP of $90 billion (measured in US dollars) and a population of 6.1 million. ...

A: Given: Denmark GDP in 1980 = $90 billion Denmark population in 1980 = 6.1 million Denmark GDP in 200...

Q: Choose one of the following examples and explain whether you think that the government should ban th...

A: Banning any product is not the ultimate solution to any of the issue because it will create a situat...

Q: Which of the following can be a binomial random variable (select all that apply)? Number of heads in...

A: A binomial random variable counts how often a particular outcome occurs when there are a fixed numbe...

Q: 48. Find the present worth of perpetuity of P10,000 semi annually with an interest rate of 10% quart...

A: The worth is the ratio of annuity to semiannual. It means as the annuity is positively related to th...

Q: Refer to the table below. (2) Minimum Acceptable (3) Actual Price (Equilibrium Price) $ 8 (1) Person...

A: Producer surplus is the distinction between how much an individual might want to acknowledge forgive...

Q: 4. An increase in the nation's capital stock will   shift the PPC outward. move the nation from ...

A: NOTE: We'll answer the first question, since the exact one isn't specified. Please submit a new ques...

Q: 2. Which bank regulatory agency has the sole regulatory authority over bank holding companies?   Q...

A: Which bank regulatory agency has the sole regulatory authority over bank holding companies?

Q: A farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat int...

A: When a good is manufactured or produced in a factory, cost is incurred and production takes place fo...

Q: 7) If investment falls a lot when the interest rate rises, there will be A) a steeper investment cur...

A: An item or an asset that is being acquired with the sole goal of appreciation of the asset or genera...

Q: Look at the tables below. Maximum Price Minimum Person Person Willing to Pay Acceptable Price Bob $2...

A: * SOLUTION :-  (17) Asp per guidelines I answered first three sub parts only please repost other one...

Q: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. Ecu...

A: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. GDP...

Q: B. How do world Religions view Business Ethics?

A: The world's eight major religions are Judaism, Christianity, Islam, Hinduism, Buddhism, Confucianism...

Q: Activity 2.2 : COMPLETE ME Complete the table below by supplying it with products that you consider ...

A: When it comes to shopping for items, consumers frequently have a variety of options. Price changes i...

Q: 50. The present worth of of P40,000 in the first year and amounts o increasing by P3,000 per year th...

A:   PV=40,0001(1+0.13)1+43,0001(1+0.13)2+46,0001(1+0.13)3+49,0001(1+0.13)4+52,0001(1+0.13)5    =3539.2...

Q: LENDER LOAN PRODUCTS SIGNIFICANT FEATURES Consumer finance Automobile loans They do not accept depos...

A: First Finance businesses in general or in case of Automobile loans do not take deposits; instead, th...

Q: PQ 12.07 in consumption and A light house that warns ships about nearby rocks is provide . As a resu...

A: Since lighthouse provides external benefits to third parties it will create positive externality. 

Q: Farm employment in the United States amounts to about what percentage of total employment? A. Less...

A: A. Less than 2 percent Option A is correct The agricultural and food sectors employed 19.7 million f...

Q: A debit card differs from a credit card in that   Question 16 options:   a)  a credit card is a l...

A: A credit card is a card that allows the cardholder to borrow money from a financial organisation, us...

Q: Monopoly, Oligopoly microanalysis about vouch insurance?

A: To find : Monopoly on vouch insurance company. 

Q: Points Price Qd Ed TR (Sales) = Qs Es Price x Quantity Demanded A 50 150 350 45 200 490 C 40 250 700...

A: Elasticity of Demand = (Percentage change in quantity demanded)/(Percentage change in price) Elastic...

Q: The X-Corporation produces a good (called X) that is a normal good. Its competitor, Y-Corp., makes a...

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for yo...

Q: Private enterprises often oppose environmental regulation because it raises cost of operation, reduc...

A: Given information Farm type is given Output of milk is given Daily demand for labor is given Wage=$1...

Q: The demand and supply functions of two related goods are given by Qd1 = 300 – 50P1+ 20P2 Qs1 = -200 ...

A: Equilibrium: Equilibrium is the state in which market supply and demand balance each other, and as a...

Q: Firms promote the activities of the global market by promoting trends of offering the same products ...

A: Answer 2. Totalitarianism is a type of government and political system in which all opposition parti...

Q: In early 2019, the Powerball lottery was advertised as having a payoff of $750,000,000. The winner w...

A: Present value (PV) is the current value of a future amount of cash or stream of incomes given a pred...

Q: 29. For a given return on assets, holding other factors constant,   Question 29 options:   a)  a...

A: Return on assets:- Return on assets (ROA) is an economic metric that compares how efficient a busine...

Q: 19. Normal profit is A. O Part of total cost B. O Part of economic profit C. O Total revenue minus t...

A: Answer: Normal profit: normal profit occurs when the economic profit is zero. Economic profit refers...

Q: In the absence of regulation, banks would probably hold   Question 20 options:   a)  too little c...

A: The capital of a bank constitutes shareholder's money, investor's money, and the part of the profit ...

Q: Determine the national LDV gasoline consumption using ASIF method! Please use following data to comp...

A: ASIF represents the factors of a conventional condition to compute the GHG discharges of transport t...

Q: 17. Unemployment of labour means that

A: To find : What is mean by unemployment of labour.

Q: You currently have $250,000 in your retirement account. What equal ann each year for the next 13 yea...

A: Given the present value = $250000 Time, n = 13 years Interest rate, r = 8% Future value = $37000

Q: In Solow's model of economic growth, suppose that s represents the savings rate, z represents total ...

A: Economic Growth refers to the increase or rise in the national income or GDP of a country over a per...

Q: 28) Find the equivalent of present worth (t = 0) of a uniform series of $7000 for 7 years, if the pa...

A: Note: We will answer the first question since the exact one was not specified. Please submit a new q...

Q: 2. Why does local non-satiation of preferences imply that a consumer would always choose a bundle on...

A: Among the very ideas of microeconomics that form the basis of consumer theory, one of the most impor...

Q: The money demand function shows that as the nominal interest rate increases, the opportunity cost of...

A: We know that the opportunity cost of holding money is the nominal interest. The opportunity cost of ...

Q: All of the following will cause unemployment except:    a.government policies b.stable prices c.qual...

A: Unemployment:- Unemployment refers to people who are qualified for a job and searching for a job and...

Q: 3. In monopoly, the relationship between average and marginal revenue curves is as follows

A: To find : What is relationship between average and marginal revenue curve.