Let's pretend the economy is in a horrible recession, inflation is rising, and interest rates are sky-high. As the chair of the Fed, what monetary role are you going to take? Why?

Q: At what annual interest rate will $1,200 invested today be worth $2,500 in 12 years?

A: We have: Annual interest rate = $1,200 Time= 12 years

Q: Consider the Cobb-Douglas production function y-AKO.3N0,7, where y is output, A is total factor prod...

A: Given that: Y = AK0.3N0.7 where Y is the OutputA is the Total Factor ProductivityK is the CapitalN i...

Q: Firm w fillonwing production function 3/4 wil r=3 1 Derive Cost functin if wil 8 re3 run Supply if R...

A: Given  Production function: q(L,K)=L1/4K3/4               ... (1) Price of labor w=1  Price of capit...

Q: The next two questions are about the labor market for upholsterers, who are people who do custom uph...

A: Labour demand is defined as the amount of labour that employers seek to hire during a given time per...

Q: Match the unemployment example to the correct unemployment type High School graduate looking for a j...

A: Frictional unemployment is natural unemployment when the worker either leaves as a job for a better ...

Q: Select the correct statements. Note: Multiple correct, multiple selections. Topics covered: Stackelb...

A: The Stackelberg leadership model is an economics strategic game in which the leader firm moves first...

Q: At point C, how many units of Good Y are bought? Round to 1 decimal place.

A: The budget line, also known as the budget constraint, depicts all of the conceivable combinations of...

Q: By the conditions of a will, the sum of P 250,000.00 is left to a girl to be held in trust by her gu...

A: PV(present value) is 2,50,000 FV(future value) is 5,00,000 R= 0.07/12 = 0.0058 (Adjusted)  

Q: The market for drones is perfectly competitive. Assume for simplicity that fractions of everything, ...

A: The average total cost is calculated by total cost divided by the total quantity produced.  ATC = TC...

Q: How to draw the graph of domestic growth rate of the money supply that contracts permanently?

A: The money supply is an authoritative action; it includes the total amount of currency and other liqu...

Q: Show that if a firm is a natural monopoly, a government policy that forces marginal cost pricing wil...

A: Answer: Natural Monopoly: When the cost of providing a good or service is so large (especially fixed...

Q: Suppose you are given the following information: Q s = 100 + 3P Now suppose that a tax is placed on ...

A: When taxes imposed on buyers the demand curve shifts to the left and the new quantity sold is less t...

Q: In a supply-driven economy, which of the following statements are correct? Select all correct statem...

A: To find : Correct statement regarding supply driven economy 

Q: Round your answers to two digits after the decimal(the nearest 1/100th). The following question cons...

A: Firm is operating under a perfectly competitive market therefore ,  P = MC  & P = 35     (Given ...

Q: Suppose there is a decrease in supply in a market where the supply curve slopes upwards and the dema...

A: 4. When there is decrease in quantity supplied and the supply curve slopes upward with respect to pr...

Q: 3. Derive tne equations of IS curve, LM Curve, and find equilibrium income and int Trom this IS-LM m...

A: Y=C+I+G C=c0+c1(Y-T) -c2r I=Io+a0Y -ar T=t0+t1Y G=G0 MQ=mY+m0-hr MQ=Mr=M

Q: 40 36 Demand 32 28 24 20 16 12 4. 2 3 4 5 6 10 QUANTITY (Thousands of large boxes) In the following ...

A: Output (Q) Price (P) Total Revenue (P*Q) Marginal Revenue (TRn - TRn-1) Average Revenue (TR/Q) 0 2...

Q: The diagram below shows a monopolist’s marginal cost schedule and the demand curve. Find and depict ...

A: we have:

Q: substitution effect: Suppose the price of sausage doubles, the substitution effect will lead her to ...

A: Consumers choose the goods according to the price and their budget constraint, if the price of goods...

Q: What is the present value of the following payment series when the interest rate is 3% YR1 = $200 ...

A: Given interest rate = 3 % the Present value of each cashflow = cashflow / (1 + rate)^year

Q: YOur answers are S ng Time: 51 minutes, 21 seconds. an Completion Status: 6. 7 9. 10 Moving to anoth...

A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in pric...

Q: You are given the following information about an economy: $ Millions  GDP at Market Prices -1,,669....

A: The gross national product (GNP) of a country is a valuable indicator of its economic activity. Gros...

Q: I got a practice test question I dont understand in my economics class. 2. How would you show positi...

A: The aggregate supply curve shows that total quantities of goods and services are one to one directly...

Q: Firm A would hire 20,000 workers if the wage rate is $12 but will hire 10,000 workers if the wage ra...

A: A firm would be able to organise in a situation where the demand curve for workers is inelastic, Bec...

Q: 0. Who is the 'father of economics'? Мax Muller

A: To find : Who is father of economics 

Q: Given the production function q = 1.37LK, what is the marginal product of labor? A) 1.37 B) 0 C) 1.3...

A: Marginal product of labor is the additional output produced by employing an additional worker 

Q: You are the President and the nation is slipping into recession.  Using the Keynesian AD/AS theories...

A: In Keynesian school of thought, government intervention is needed to fix the problems or disequilibr...

Q: What is the current price of a $1,000 discount bond that matures in 5 years if the yield to maturity...

A: As it is given in the question that Time n=5 YTMR = 5% current price =$1,000

Q: Suppose that the production function for DVDS is given by Q = KL2 - L3, where Qis the number of disk...

A: As per the question, Q=KL2-L3. When K=600, this production function can be written as Q=600L2-L3. Wh...

Q: 4

A: Market in deflation or recession The contradictory phase in economy a situation happens when there i...

Q: Accrual income versus cash flow for a period The Motor Corporation sold vehicles for $500,000 to one...

A: Accrued income is cash that is been earned however has nevertheless to be received. Mutual funds or ...

Q: n the economy of Robberia, the monetary base is $3500. People hold 40% of their money in the form of...

A: Given Monetary Base MB=$3500 Currency C=40% of the money Deposits D =60% of the money Reserve =20% o...

Q: A machine is bought at P420,000 with an economic life of 6 years and a salvage value of P50,000. The...

A:

Q: Why is it desirable for a country to have a large GDP?

A: In economics, the gross domestic product is an economic measurement to compute the national income o...

Q: al producer and 10 million tons are imported. The steel producer produces 10 million tons of steel a...

A:

Q: Demarcus is planning to purchase a piece of property that he anticipates will cost $455,000 in 6 yea...

A: Given, Future Value= $455000            Rate of interest= 7%            Time= 6 years

Q: - All inputs can be varied in O Short run O Long run Both neriods

A: To find : How can be inputs varied. 

Q: Leyla consumes goods X and Y. The price of good X is Px and the price of good Y is Py, Leyla’s incom...

A: Budget constraint refers to the different combinations of two goods that a consumer can consume with...

Q: Some economists say that profit earner is a kind of

A: To find : What is  profit earner type 

Q: Question 1 A student club wants to raise just enough income to cover its costs. Its income comes par...

A: Economists use the term "demand" to define how much of a product or service people are willing and a...

Q: Suppose that many varieties of lettuce have been damaged in a particular season by disease. Only gre...

A: According to the question, percentage change in price of green leaf lettuce is 50% and percentage ch...

Q: a) Consider two countries that have the same parameters and exogenous variables (i.e. they have the ...

A:

Q: In the context of the monetary approach to the determination of the exchange rate, what is the effec...

A: The monetary approach with respect to the exchange rate needs, in the flexible should focus on the d...

Q: Suppose that the demand for lamps is elastic. An increase in the price of lamps would cause. O a. Ex...

A: Elasticity of demand is the ratio of %change in Qd(quantity demanded) and %change in P(price) of the...

Q: Externalities A) can be either benefits or costs.

A: Externalities Externalities are generally the consequences of the action of a producer to nearby par...

Q: Which of the following is an example of the real flow in the circular flow model of economics? A. A ...

A: The interaction and relationship between the households and the business is interpreted by the circu...

Q: Suppose final demand changes to 77 for Health, 154 Oil, and 231 for Housing. Find the output matrix ...

A:

Q: rice Quantity demanded Quantity supplied $300 60 30 $400 55 40 $500 50 50 $600 45 60 ...

A: Initial Equilibrium : When quantity demanded=quantity supplied. We can observe this when price=$500....

Q: Suppose that you have PhP 10,000 cash today and invest it at an interest rate of 10% compounded quar...

A: A dollar's future value is what a dollar invested today at r interest rate will be worth in n years....

Q: 9. Which of the following are stages of the business cycle? Select all that apply. A. trough B. peak...

A: Business cycle Business cycles are defined as coordinated cyclical upswings and downswings in broad ...