As part of the wave of “deregulation” of financial markets in the 1980s, banking laws were changed to allow commercial banks in the United States to offer relatively liquid savings accounts that could pay a market interest rate. What were these accounts called? How did they work?

Q: Who can get involved in managing the impacts of Globalisation? Why do they want to get involved?…

A: Globalization is a process by which businesses or organizations globalize themselves i.e., they…

Q: An asset is purchased for P 90,000. Its estimated life is 10 years, after which is will be sold for…

A: Cost of Asset = 90,000 n = 10 Years Sales price = 1000

Q: If a 4 percent rise in the price of honey lowers the total revenue received by the producers of…

A: The elasticity of demand is a relative concept that measures the percentage change in demand due to…

Q: You manage a firm. The output is produced according to the Cobb-Douglas production function q = f(K,…

A: In the study of economics, production functions represents the relationship between the quantity of…

Q: Suppose the price elasticity of demand for oil is 0.1. In order to lower the price of oil by 20…

A: Elasticity of demand depicts how much consumer responds with the change in the price level.

Q: 7. The Acme Software Corp. has developed at a cost of $500,000 - two software programs for…

A: Willingness to Pay is defined as the maximum price that consumer is willing to pay for a specific…

Q: An amortization of a debt is in a form of a gradient series of P10,000 on the first year, P9,500 on…

A: Given, Value at Year 1 = P10,000 Value at Year 2 = P9,500 Value at Year 3 = P9,000 Value at Year 4 =…

Q: lora sells flowers in a perfectly competitive market. These cost functions represent her daily cost…

A: Given : TC = 100 + 0.5Q + .25Q^2 MC = 0.5 + 0.5Q Current price: P=$9.50   Profit maximization in a…

Q: 5. Say’s Law _____________ because ___________.  The Law of demand is _____ true because:   Always…

A: Say’s Law defines the relationship between income and production by stating that, in order to earn…

Q: The table below shows the total variable costs faced by Frankie's Footwear for different quantities…

A: Income elasticity of demand: Income elasticity of demand for a good refers to the percentage change…

Q: Chapter 14 a. can be represented by the area P3 x Q3. b. can be represented by the area P3 x Q2. c.…

A: And for a price taker firm the profit maximizing condition is : P = MC Total revenue by selling Q…

Q: Q1. Explain the different types of Elasticity of supply giving one example each.

A: The elasticity of supply is the ratio of percentage change in the price level over a certain…

Q: The above presents the result of regression of interest rate against unemployment rate, with the…

A: Autocorrelation is also known as serial correlation which shows that the variable is related to its…

Q: Discuss how countries promote free trade and, in turn, protect the local economy from foreign…

A: Local economy The term "local economy" refers to the geographic location bordering your home that…

Q: The graph on the right depicts real money supply. 1.) Using the three-point curve drawing tool, draw…

A: Real money is a generally used term in the financial markets to signify a fully funded, long-only…

Q: Mr. Zzz deposited $25,000 in a bank which offers a compound annual interest of 7%. How long will it…

A: Given,  Principal = $25,000  Rate of interest = 7%  Amount = $35,800

Q: The pen industry is an increasing cost industry.  If a pen is an inferior good, and consumer's…

A: Inferior good is the good whose demand decreases with the increase in income.  This means inferior…

Q: An Agency will invest Php100,000.00 in a fund at the end of each 6 months to accumulate…

A:

Q: What is the equilibrium price and quantity of Soybeans?                         What is the price…

A: A market is in equilibrium at that point where the quantity demanded and quantity supplied are…

Q: Suppose, in the base year, a typical market basket purchased by an urban family costs $250. In Year…

A:

Q: Suppose you observed that, by-and-large, in times of economic recessions, China mainly adopts fiscal…

A: Monetary policy  refers to actions taken by the central bank with the intention of changing the…

Q: a) Define operating leverage b) Firm A operating in a perfectly competitive market sells its…

A: Operating leverage determine the fixed cost of a firm as a percentage of the total costs. It helps…

Q: A company produces two products. FC = Total Fixed costs = $580 VC₁= variable costs from product 1 =…

A: The firm should produce where the firm is able to cover it's variable cost of production.

Q: Dr. Pepito Perigrino wishes to have Php150,000.00 when he retires 15 years from now. If he can…

A: This is an example of annuity due whose future value formula is mentioned below:  F = m * ((1+R)n -…

Q: Consider the following graph depicting the industry aggregate marginal abatement costs. The…

A: Number of permits to be allocated = 140  MAC for 140 units of emission = 60    (From the graph )…

Q: Costs that do not vary with output are    Question 8 options:   a)  fixed costs   b)  variable…

A: Cost of production is incurred throughout the economic process of manufacturing goods and services.…

Q: Suppose a union successfully negotiates an increase in the wages of workers producing computer…

A: Meaning of Demand and Supply: The term demand refers to the willingness of an individual to…

Q: In order to prove that peanut butter and Jelly are complements, one should measure the and get a…

A: Cross price elasticity of demand for good X with respect to good Y : It refers to the percentage…

Q: Assume the laptop market has 5 participants, each accounting for 20% of market share. Now two of the…

A: HH index shows the concentration in market  If concentration is more , the HH index is more  HH…

Q: The figure below shows a plot of Healthcare Expenditure per capita in 2019 and Life Expectancy…

A: It is given that: The plot is given related to the different countries and their total expenditure…

Q: Suppose the only two meat dishes consumed in the United States are flounder and beef. What are the…

A: As per the given information the consumers in The United States consume two meat dishes flounders…

Q: Joan has the following utility function: u(x, y) = 5x + 3y. Consider that income is I = $8, and…

A: Perfect substitutes are the type of goods that serves the same purpose for the consumers and hence…

Q: The following table shows cost data for a perfectly competitive firm.

A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…

Q: the Price elasticity of demand is calculated as: Select one: O a. %AP/%AQD O b. %AQs/%AQD O c.…

A: Price elasticity of a good is the ratio of percentage change in the quantity demanded to the…

Q: Show how the concept of focal points can lead us towards unique outcomes in games where multiple…

A: The Nash equilibrium, which bears the name of the mathematician John Nash, is the most popular…

Q: Mrs. Rochester earns $4500 a week and spends her entire income on computers and pastries, since…

A: In microeconomics, the marginal rate of substitution, also known as technical rate of substitution,…

Q: The October 18, 2022, Wall Street Journal reports that there is an ongoing shortage of baby formula…

A: Demand and Supply of a good not only depends on its price but also on a lot of factors. If the…

Q: A good's demand is given by: P = 286 - 3Q. At P = 197, the point price elasticity is: Enter as a…

A: The measurement of change in the quantity demanded of a good owing to changes in the determinants of…

Q: How much is accumulated in each of the following saving plans after 1 year? a) Saving $100 at the…

A: Note: “Since you have posted a question with multiple sub-parts, we will provide the solution only…

Q: Goods Grapes Textiles Spain 8 4 Note: figures are hours of labor per unit of output France 15 5

A: Comparative advantage occurs when the nation involved in the trade are not holding an absolute…

Q: 1990s and early 2000s saw a crisis for sugarcane producers. During this period, the quantity…

A: The price and the quantity that will be bought and sold in a market are determined by supply and…

Q: 1. Google provides Gmail users with 15GB of "free" storage. Is it really free? If not, what are the…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: a.Why is it important to manage Globalisation? b.What are the consequences of NOT managing…

A: Globalization refers to the opening of trade between countries around the world such that everyone…

Q: Total revenue equals    Question 2 options:   a)  price times quantity    b)  price divided by…

A: Total Revenue refers to the total amount of money earned by a firm from the sale of goods and…

Q: Which of the following is NOT true? At the minimum-cost output, the marginal cost curve crosses the…

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

Q: Consider the graph below. MC are constant and equal to ATC. What is going to be producer surplus of…

A: MC(Marginal cost) refers to extra/additional costs that the firm has to bear in order to produce an…

Q: The October 26, 2022, Wall Street Journal reports that Halloween candy prices were 13% higher this…

A: Answer to the question is as follows:

Q: Assets Fill in the blank options  (Building and Furniture OR Checkable Desposits OR Loans OR Net…

A: In macroeconomics, a multiplier is an element of proportionality that estimate how much an…

Q: Al and Bill operate the only two barber shops in a small town. They might try to form a cartel to…

A: Nash equilibrium is the point of maximum pay-offs for both the players involved in the game. Any…