What are the primary responsibilities of the Federal Reserve? If the Fed wants to increase the supply of money, how does it usually do so?

Q: Define trade-in allowance,

A: In simple language, trade allowance can be defined as a reduction in the price of a commodity by the...

Q: Mr. Ahmed deposited $200,000 in the Old Third National Bank. If the bank pays 3% interest, how much ...

A: According to the question given that the amount is deposited $200,000 in the old third national bank...

Q: The nominal GDP for an economy is $12 trillion. Real GDP is $10 trillion. What is the value of the i...

A: Implicit price deflator is average price of all the finished goods and services within the country i...

Q: If nominal GDP is $400, real GDP is $200, then calculate price level

A: Price level - Average price of all the goods in an economy.

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A: Certainty equivalent is a certain amount of money that make use indifferent between getting money an...

Q: Stuck on this Question for awhile    Any help will be appreciated. Thanks! :)

A: If 13 units are demanded,then 140-5*13=140-65=75  

Q: What is a qualitative forecasting model, and when is its use appropriate?

A: Forecasting refers to making predictions based on past and present data and analyzing the trends. Th...

Q: Explain how the absolute per capita income gap between rich and poor nations might increase, even th...

A: Absolute per capita income gap is the difference in the income of people of rich countries and poor ...

Q: 1) Which of the following is FALSE regarding PPI?a. Stands for Producer Price Indexb. In manufacturi...

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

Q: Task 6: Fishbone Organizer Instructions: In this work we will assume your demand as a consumer are ...

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Q: Consider a society consisting only of Helen, who allocates her time between sewing dresses and bakin...

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Q: Define The income and substitution effects.

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Q: Name a way that your family interacts in the marketsfor the factors of production and a way that iti...

A: The factor of production are bought and sold under the factor market, and the final goods or service...

Q: Indicate whether each of the following statements applies to microeconomics or macroeconomics:a. The...

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you. ...

Q: Thanks

A: GDP is the value of goods and services produced in the domestic territory in the given year. Real GD...

Q: A two - product firm faces the following demand and cost functions:   Q1 = 40 - 2P1 - P2 Q2 = 35 - P...

A: We have demand function in terms of price, Q1 = 40 – 2P1 – P2 Q2 = 35- P1 – P2 We need to find the i...

Q: A monopolist produces a single good X but sells it in two separate markets. The dem function for eac...

A: Since you have posted a question with multiple subparts, we will solve the first three subparts for ...

Q: Which of the following would be classified as a natural resource? 1) a loaf of bread 2) a factory ...

A: In economics, the assets that are utilized in the production of services and goods that satisfy huma...

Q: In  Monopolistic market price function    P=400-5Q  and total cost function TC=100+20Q2FIND   number...

A: A monopolistically competitive market is one that has a large number of buyers and sellers, selling ...

Q: Ricardian equivalence: Suppose that the government fears the economy mightbe heading into a recessio...

A: Ricardian equivalence: - it is the theory given by David Ricardo which states that the consumers hav...

Q: Questuon The table shows the prices of products produced for three different years: year  Chicken...

A: Answer: Given, Year  Quantity of chicken Chicken Quantity of Broccoli Broccoli     Price $   Pr...

Q: a) Describe our society at present if it doesn’t use money. b) How the transactions would be if mo...

A: Money: It refers to the cash used by the people for doing the various transaction in an economy. Wit...

Q: What factors are critical to the success of Dar's efforts to revive ICRISAT?

A: Department of agricultural research services(Dar's)has collaboration with ICRISAT. In malawi,2 new s...

Q: The marginal cost function is ??(?) = 4 + 10? + 6?2. Find the total cost function??, when the fixed ...

A: Total cost function shows how the production cost varies in relation to output level. It is the aggr...

Q: What social and economic effects did mass production and the assembly linen have one the bourgeoisie

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Q: Why does the demand curve slope downward? Briefly explain.

A: Demand curve is a graphic representation of the relationship between product price and the quantity ...

Q: Under what condition would an increase in the unemployment rate be a positive sign?

A: Answer: Frictional unemployment is a temporary phenomenon, which is caused due to cyclical economic ...

Q: Question A problem with the operation of the gold standard in the world economy was that Answer a. i...

A: Gold standard is a monetary system that directly links a currency’s value to that of gold.

Q: Can a company be guaranteed all of the social benefits of a new invention? Why or why not?

A: Invention is the discovery of new ideas or process of developing something. 

Q: The equilibrium quantity of labor and the equilibrium wage level decrease when: a) labor demand shif...

A: Wages are considered flexible when they fluctuate in reaction to a change in supply and demand for l...

Q: Draw a graph of a firm making positive profits in an industry of Monopolistic Competition.

A: In a monopolistic competitive firm there are large number of firms producing similar but not identic...

Q: What is the meaning of ''acceptable loss'' for a perfectly competitive firm?   Draw a graph and expl...

A: Perfect competition refers to the type of market organization in which there are many buyers and sel...

Q: Carly wants to buy and operate an ice-cream truckbut doesn’t have the financial resources to start t...

A: Stocks and bonds are the financial market instruments used by people in the economy, which is used t...

Q: The Federal Reserve, the central bank of the United States, has an inflation target of 0.3% per mont...

A: The quantity theory of money suggests that the price level or inflation in the economy is directly r...

Q: Analyze the relation between the five forces and different market structures.

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Q: For a profit-maximizing, perfectly competitive firm with marginal cost function MC(q) = q² + 3, find...

A: The firm is perfectly competitive.   The marginal cost function is given as,   MC (q) = q2 + 3

Q: On a microeconomic demand curve, a decrease in price causes an increase in quantity demanded because...

A: The aggregate demand curve is a curve that has an inverse relation with the price level but is signi...

Q: Is the answer b?

A: Changes underway related factors and cost can cause a supply curve to move right or left. This cause...

Q: If two businesses are selling the same good or service, who would benefit if theycooperated on prici...

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Q: The monetary system for conducting international trade is usually described as a system of    fixed...

A: Different types of exchange rate regimes are as follows :  A fixed exchange rate is a type of exchan...

Q: There are costs and benefits of studying. If you continue to study will your action be consistent wi...

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Q: Under what conditions would a business most likelydecide to employ one of the differential pricing s...

A: Differential Pricing Strategies also known as price discrimination is a strategy followed by produce...

Q: A spare parts supplier they have a contract that involves purchasesfor $ 240,000 per year, the first...

A: Present value (PV) can be calculated by using the following formula.

Q: Examples of Rational, Natural, Open System, Public, Profit and NonProfit Organizations?

A: Answer - Rational Organizations :- These are the organization which formed or work to achieve a well...

Q: A salesman from vendor A, who is trying to get his foot in the door at Filerbee, Inc., offered water...

A: Present value is the value of future sum in the current period.  It takes into consideration the int...

Q: A purely competitive firm has a single variable input  < (labor), with the wage rate.  W0 per per...

A: Purely competitive firm  

Q: I don’t know how to figure this out with so little information.

A: Inflation rate = 3.5%  Number of years   

Q: Rspirsibe 2.1. NCA makes sure that credit providers give credit in a ..way. 2.2. NCA is a piece of ....

A: Answers 2.1 fair and non-discriminatory 2.2 legislation 2.3 credit agreements  

Q: How might a theory of the economy differ from a description of that economy?

A: Economics is a discipline that includes the micro-level and the macro-level components in the econom...

Q: nternational trade benefits a nation whena. its revenue from selling abroad exceeds itsoutlays from ...

A: International trade refers to the exchange of goods and services across the international borders or...