Explain how higher saving leads to a higher standard of living. What might deter a policymaker from trying to raise the rate of saving?

Q: Your company is going to produce two versions of its new video game systems, Boxy-x,B1, and Boxy-s,B...

A: Total revenue is the amount received from the sale of a good. Total Revenue: TR =Price*Quantity

Q: Suppose the government borrows $20 billion more next year than this year. a. Use a supply-and-demand...

A: a) The given policy, borrowing of $billion more in the next year will cause a decrement in the suppl...

Q: The classical model is appropriate for analysis of the economy in the   long run, since evidence ind...

A: The long-run aggregate supply curve shows the potential output of the economy in the long run. It de...

Q: Discuss which of the following fall into the categories of consumption, investment, government expen...

A: GDP is a macroeconomic measure used in the computation of the aggregate total output produced in an ...

Q: If policymakers decrease aggregate demand, then in the short run the price level   falls and unemplo...

A: The aggregate demand represents the total demand in the economy for final goods and services. These ...

Q: True/False and Explain In the dynamic AS-AD model, a perfectly inelastic aggregate supply curve mea...

A: The model of dynamic AD-AS describes the factors which determine the total demand and total supply i...

Q: If the future price of oil is expected to be lower than the current price both consumers and produce...

A: Demand refers the total amount of goods and services that are willing and able to buy at the particu...

Q: Consider a market with two polluting firms with linear marginal abatement cost curves.  Firm B has i...

A: Controlling pollution is a major issue of concern for the environmental. The measure taken by the ag...

Q: If two alternative economic models are offered, other things equal, we would

A: The assumption of ceteris paribus (a Latin expression) that means "with other things the same" or "o...

Q: What would happen if, in order to provide lower-cost health care, the government decided to set a pr...

A: Price ceiling is the maximum price set by government above which no seller charge for its product. I...

Q: What is market structure? Explain main characteristics of; I. Perfectly competitive market structure...

A: The essence and degree of competition in the market for products and services are referred to as mar...

Q: Why may different analysts arrive at different intrinsicvalues for the same stock?

A: The stock market deals with several fluctuations with ups and downs and many other likely considerat...

Q: Many movie consumers who used to rent DVDs are now patronising online video rentals, especially, str...

A: When the price(P) of one good changes, the way the demand(DD) of another good responses, is called t...

Q: What are the various functional forms of Regression Model?

A: There are four functional forms of regression Model.

Q: Changes in Equilibrium Market for Hot Cocoa Scenario 1: Price Supply Studies have shown that consumi...

A: In the free market, the equilibrium price and quantity is determined by the forces of demand and sup...

Q: What is the operational mechanism of circular flow? and  also Explain each component of circular flo...

A: The economy is the set of production, distribution, and consumption of products and services with di...

Q: The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged...

A: The ed (elasticity of demand) calculate the proportionate Qd change to proportionate P change. the e...

Q: Why do economists think the classical dichotomy holds in the long run?

A: The classical dichotomy shows that the change in money supply only affect the nominal variable like ...

Q: Question 15.15.  Two months ago, the Marbury Shirt company sold 200 shirts at $30 per shirt.  Last m...

A: Demand is the willingness and ability of consumers for consuming and buying goods and services at di...

Q: What is the difference between Descriptive and Explanatory Research?

A: Research can either be Descriptive or Explanatory.

Q: What Is Supporting Ethical Behavior?

A: Ethical behavior refers to the behavior of an individual. Ethical behavior is when a person acts in ...

Q: Which of the following shifts short-run, but not long-run aggregate supply right?   a decrease in th...

A: The short run aggregate supply curve (SRAS) is upward sloping curve indicating a positive relationsh...

Q: In the early and conceptual design stages of a project, what are the cost estimates called? Approxim...

A: Cost estimates are considered important for a business as they need to check on to the costs before ...

Q: Assume that the interest parity condition holds. Also assume that the one-year U.S. interest rate is...

A: The foreign exchange market determines the equilibrium exchange rate of the currencies and it reache...

Q: If the Japanese yen appreciates against the U.S. dollar:   a. Americans should find Japanese goods a...

A: If the Japanese Yen has appreciated against the US Dollar, it means that the Yen is now more valuabl...

Q: If the supply curve shifts to the right, what happends to the Proce and Quantity?

A: Supply is the amount of output that producers or sellers are willing to sell in the market at differ...

Q: Discuss which of the following fall into the categories of consumption, investment, government expen...

A: The aggregate demand is the summation of consumption expenditure, investment expenditure, government...

Q: What are the conditioning factors of elasticity?

A: The elasticity of demand represents the degree of responsiveness of quantity demanded and price. It ...

Q: Would the cross-price elasticity of demand for online movie rentals and in-store movie rentals be po...

A: Cross-price elasticity: - Cross-price elasticity of demand measures the responsiveness of change in ...

Q: 2. Does a change in producers' technology lead to a movement along the supply curve or a shift in th...

A: (Since you have posted multiple questions, we will answer the first one for you. If you want a speci...

Q: What is the rationale for exempting a firm’s contribution to its workers’ health insurance from taxa...

A: What is the rationale for exempting a firm’s contribution to its workers’ health insurance from taxa...

Q: 1. State three reasons for the PPF to shift to the right or left.

A: Note: As the exact question is not specified, we'll answer the first one. Please repost the question...

Q: Consider the following economy: Labor supply: Nt= 90 Capital stock: Kt = 90 Government spending: Gt ...

A: The goods market is in equilibrium when real output is equal to the aggregate demand and money marke...

Q: The table below depicts the prices and total costs a local used-book store faces. The bookstore comp...

A: According to marginal analysis, either the marginal revenue is equal or greater than the marginal co...

Q: In what way is criminal behavior similar to consumer behavior? Why do most people obtain goods via l...

A: Criminal behavior refers to unsocialized behavior. A person who has a criminal behavior does not fol...

Q: Consider the law of one price. Another barrier to the law of one price is transaction and transporta...

A:   Meaning of Tariffs and Quotas: The term tariff refers to the situation under which when any goods ...

Q: Suppose that the demand curves for goods A, B, and C have the following functional forms:, where Q d...

A: There are different types of goods in the economy depending upon their nature, relationship and othe...

Q: Mary has $255,906 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year. The ...

A: We are going to solve this question using present value approach.

Q: Using the aggregate demand and aggregate supply model, explain the effects of the following on price...

A: The aggregate demand and aggregate supply models are considered important for an economy wherein the...

Q: Nile.com, the online bookseller, wants to increase its total revenue. One strategy is to offer a 10%...

A: A. The mid-point formula can be used to calculate the price elasticity of demand for Group A and gro...

Q: these are some easy question kindly answer all the parts.

A: In mathematics, various types of numbers such as real, rational, whole, etc. are represented by diff...

Q: Answer ASAP. Will give a positive rating for correct answer.

A: In a game when at least one player plays a randomized strategy and the players being unable to maxim...

Q: What is Regression Model in econometrics?

A: The empirical research in economics is concerned with statistical analysis of economic relations.

Q: What is market structure ? Explain main characteristics of :  A •  Perfectly competitive structure  ...

A: Market structure helps us to understand the different markets and their functioning. Perfectly compe...

Q: If the central bank’s goal is to maximize output, what interest rate will we expect in equilibrium?

A: The central bank is the sole authority of the any country and the bank has several functions and act...

Q: Problem Attached

A:   Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses ...

Q: Which of the following best applies to the distinction between the "long run" and the "short run"? T...

A: Short run can be defined as the time period in which firms are unable to change the quantities of in...

Q: (Inflation and Interest Rates) Using a demand-supply diagram for loanable funds, show what happens t...

A: There is an inverse relationship between the real interest rate and expected inflation rate. So, if ...

Q: The existence of diseconomies of scale (size) for the firm is hypothesized to result from:

A: Economies and diseconomies of scale refer to the situation that deals with the average cost of produ...

Q: A profit-maximizing firm in the short run will expand output until marginal cost begins to rise unti...

A: In the production process, different inputs are used to produce the final output. Each input has its...