As a percentage of U.S. GDP, today exports are_________ and imports are _________ than theywere in 1950.a. higher; higherb. lower; lowerc. higher; lowerd. lower; higher

Q: The figure depicts the efficiency wage equilibrium of a worker and a firm. According to this figure:...

A: Answer - Given in the question -

Q: Price1 Price2 Quantity 1 Quantity2   demand for           a.cashews 7.50dollar per pound 6.0...

A: -1 -0.355 62 -0.5775

Q: Please answer honestly and using your own sentences.

A: Absolute advantage: It is the capacity of an individual, organization, area, or nation to create a m...

Q: In order to prevent economies from the harmful effects of covid-19, governments all around the world...

A: Trade balance = Exports - Imports The trade balance means the difference between the value of a coun...

Q: How do we describe the costs of reducing environmental pollution?

A: Environmental pollution can be understood when there is an adverse effect on the environment/atmosph...

Q: At what point does a firm in a perfectly competitive industry shut down? Explain with graph.

A: In a perfectly competitive industry, at the profit maximizing level of output, when the market price...

Q: Suppose that the money demand function is(M/P)d = 1,000 - 100r, where r is the interest rate in perc...

A: Hi! thank you for the question but as per the guidelines, we answer up to 3 subparts at a time. Kind...

Q: (a)    Due to the increase in the demand for video games, the equilibrium price of video games incre...

A: The price elasticity of demand measures the % change in quantity demanded and % change in prices. Th...

Q: The demand curve and supply curve for one-year discount bonds with a face value of $1,050 are repres...

A: Demand : P = -0.8Q + 1160  Supply: P = Q + 720  Equilibrium:  -0.8Q + 1160 = Q + 720  1.80Q = 1160 -...

Q: What two cost categories form the trade off that leads to an optimum replacement interval? a. Direct...

A: Optimum replacement interval: - optimum replacement interval is that time interval of a machine’s li...

Q: Question 1: Given the following cost function: TC = 1500 + 15Q – 6Q 2 + Q3 i. Determine the total fi...

A: Total fixed cost (TFC): - it is the total cost incurred on fixed assets like land, building, machine...

Q: The following was released by the Bank of England reflecting on monetary policy on 17th of Sept 2020...

A: The stock market in england has declined because sterling exchange rate index has declined by 2%.It ...

Q: Solve please

A: Meaning of the unit of account: Unit of account is a means of payment which is standard and is used ...

Q: Hello Please answer this question. Thanks     MAhboob

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

Q: There is evidence that, other things equal, a 10 percent increase in the number of workers having a ...

A: Given: A 10% increase in the number of workers leads to about a 4 percent decline in wages for worke...

Q: Johnson Controls spent more than $2.5 millionretrofitting a government complex and installing acompu...

A: We will calculate IRR in following manner to calculate rate of return : t Cost Revenue 0 25,00,...

Q: Suppose the price elasticity of demand for used cars is estimated to be 3.   Demand for used car...

A: price elasticity of demand = percentage change in quantity demanded / percentage change in price

Q: Can you check the answer please? The options in second picture.

A: Marginal propensity to consume shows the increase in the consumption to the increase in the income. ...

Q: Suppose the income elasticity of demand for furniture is 3, and the income elasticity of demand for ...

A: The income elasticity of dd (demand) measures the extent to which quantity (Qd) demanded of a commod...

Q: Solve the attachment

A: The marginal rate of substitution is an economic measure that is used to compute the trade-off made ...

Q: Question 1: Given the following cost function: TC = 1500 + 15Q – 6Q 2 + Q3 i. Determine the total fi...

A: i) TC = 1500 + 15Q – 6Q2 + Q3 Fixed part is that part of the total cost which is always constant. So...

Q: Suppose in 2019 to promote food production, the Federal Government of Australia provided high techno...

A: The production possibility curve is used to analyze the market using supply-side factors. It provide...

Q: 1.      Draw a circular-flow diagram. Identify the parts of the model that correspond to the flow of...

A: Circular flow: The circular flow explains the process that determines the national income and nation...

Q: Studies have fixed the short-run price elasticity of demand for HPV vaccines at -0.25 . Suppose that...

A: Answer: Given, Elasticity of demand = -0.25 Percentage drop in the supply of vaccines = 20% Since th...

Q: What are some examples of changes in the economy that would lead to a movement along the IS curve? W...

A: IS Curve shows relationship between interest rates and output level in the economy.

Q: Solve the attachment

A: Given information: Current account depsoits = $8000000 Saving account deposits = $4000000 Commercial...

Q: Suppose an environmental impact study showsthat the coral reef near Port Douglas, Australia,can sust...

A: Quota is putting a limit on the number or amount of people or things or can also be defined as share...