1)The 'Banks' in the Banks sub-model refers to

Q: 6. Consider the Solow growth model with aggregate production function F(K, L) = AK¹/312/3 and saving…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: Economics & Personal Finance Think about the job you want in the future. Write a brief scenario…

A: The economies around the world tend to operate with the motive of enhancing their growth,…

Q: Liability rules do which of the following? O apply only to visitors to a property. O apply only to…

A: Option E

Q: If you were researching the dangers of soft drinks, which of these websites would most likely be…

A: The decision of selecting the website should be based on specialization of the website.

Q: Social costs include both private costs and external costs. True O False

A: In neoclassical economics, the social cost is the sum of the transaction's private costs and the…

Q: Let's say that you have put $1,000 in your savings account at a local financial institution, and an…

A: The banks which deals with public(Known as commercial banks) are the financial institution whose…

Q: No trespassing signs are an example of owners enforcing their right to [ Select]

A: In a market, an owner of a resource or property has the exclusive right over the resource andd has…

Q: Sitting near someone who smokes exposes you to "secondhand smoke;" therefore smoking creates a(n) (…

A: Externality is the benefit or the cost which is borne by the third party who is not involved in the…

Q: Find a news headline that refers to the business cycle. What phase of the business cycle does your…

A: The business cycle refers to the cyclical upswings and downswings in the economy. It indicates the…

Q: Government regulations that prevent a firm from dumping toxic waste into a river address which type…

A: The markets in a society are considered to important for the interaction of the buyers, and the…

Q: Regulations regarding the disposal of hazardous waste are intended to prevent negative…

A: Negative Externalities are the cost borne by the third party without any consumption of the good.

Q: The government is NOT likely to address a negative externality using I Select |

A: Externality is the cost or benefit that the market transaction brings to the third party or society.…

Q: A law that prevents smoking on airplanes addresses a negative externality. True False

A: Externality refers to the advantages and disadvantages of being received by the third party.

Q: Which of the following is true about pollution from a firm emitting waste into the environment? It…

A: Economic production can cause environmental damage .Factories contribute to water and land pollution…

Q: Total revenue minus explicit and implicit costs equals which of the following? excess profits O…

A: The total amount of income being generated by a company through the sale of its goods and services…

Q: Governments provide information to protect which of the following? O Labor Consumers O The…

A: All of these option are correct.

Q: When policymakers make decisions in response to a pre-specified rule, they are u active policy.…

A: Monetary and fiscal policies are used to correct the disequilibrium in an economy. These policies…

Q: When the government provides free and reduced lunches to low-income students, it is addressing which…

A: When the price mechanism in turn fails for accounting of all of the benefits and costs that are…

Q: When people take more risks because they know that they are protected from the costs of their…

A: Meaning of Market Failure: The term market failure refers to the situation under which there…

Q: The table below shows the marginal utility from consuming mini pizzas and sodas. If pizzas and soda…

A: Given: The price of mini pizza is = $1 The price of soda is = $0.50 The total amount to spend is =…

Q: 9. Consider an economy with the following aggregate production function F(K, L) = AKL, where A = Ag…

A: Introduction Production function of a firm is a functional relationship between inputs used and…

Q: Which of the following is an example of a negative externality? O Locally produced honey Police and…

A: Meaning of Externalities: The term externality refers to the situation where the cost is incurred…

Q: What is measured by how many goods and services a worker produces in an hour? O gross domestic…

A: Meaning of Factors of Production: The term factors of production refer to the situation under…

Q: Answer this for me mate. Much appreciated.

A: Option D You are entitled for peaceful enjoyment of your possesion.

Q: The government grants which of the following to protect the property rights of writers and…

A: The entities in the economy work with different objectives, and are involved in different entities.…

Q: To answer the question just put an A, B, or C next to 1., 2.,3 ,..listed vertically. g.... A =…

A: Dear student, please note that as per the Bartleby answering guidelines, only the three question out…

Q: Government regulations that prevent two firms from merging to become a monopoly address which type…

A: Private goods:- Private goods are products whose possession is limited to the organisation or…

Q: There are never unintended consequences of government intervention to address market failures. True…

A: In a  free market, price is determined by pure market forces of demand and supply. Equilibrium price…

Q: Too much of a good or service is produced when there is a O Public good Negative externality…

A: In the absence of market failures, the competitive market allocates resources efficiently and…

Q: Public education results in which of the following? O More education than would be provided by the…

A: Public education : It implies government helps by investing in the public education. An educated…

Q: 1. What action should the Federal Open Market Committee (FOMC) take if it sees signs of inflation…

A: The situation that depicts a general rise in the level of prices for goods and services or an…

Q: Government failure occurs when a government's attempt to correct a market failure has unintended…

A: The markets are the place where the buyers of the goods, and services interact with the sellers,…

Q: In the circular flow model, firms are buyers in which market and sellers in which market? O firms…

A: In an economy, the circular flow model is the one that explains the cyclical exchange of goods,…

Q: Which of the following is a NOT public good provided by the government? O Police protection O…

A: public goods are Non rival  and Non Excludable. For example roads, Defence or police protection They…

Q: Which of the following is illegal under antitrust laws? O Pollution Restraint of trade O All mergers…

A: Antitrust laws are regulations developed by governments to protect consumers from unfair business…

Q: 1. Define a progressive income tax system.

A: A tax is imposed by the government to raise funds for its expenditures. It may be progressive,…

Q: The [Select] promotes competition.

A: The FTC (Federal Trade Commission) is an anti trust law which aims to enforce the rules of the…

Q: 3. Types of unemployment The three people described in the following table are categorized as…

A: A person is unemployed when he/she is willing to work but not getting a job, and continuously…

Q: If two television networks merge, it is a vertical merger. O True O False

A: here we can choose the correct answer as follow-

Q: When I get a vaccination, it creates both a private benefit and a(n) [ Select

A: Individual interest reflects the small profit the buyer receives from the item. At the time when we…

Q: The following are estimates for two stocks. Firm-Specific Standard Deviation Stock A B Expected…

A: A standard deviation (symbol σ) is a proportion of how distributed the information/data is…

Q: If a family has saved up $10.345 dollars and would like to buy an annuity that pays them equal…

A: An annuity is a financial product that offers a series of payments over a predetermined length of…

Q: Economics & Personal Finance Why do you think incumbents have an advantage when running for office?…

A: The present holder of an office or post, generally in reference to an election, is known as the…

Q: Contracts do which of the following?

A: Contracts can be defined as the legally binding agreement that defines and governs the rights and…

Q: Antitrust laws make which of the following illegal? Anti-competitive behaviors O All monopolies…

A: Economics deals with the allocation of scarce resources among humans with unlimited wants. As a…