Q: A firm has received an order from customer X to be executed for RO1,800 ( all inclusive). The order…
A: Introduction: Since there are two bottlenecks for the above order one is Material A and second one…
Q: Which is not a fixed cost? Group of answer choices an insurance premium of $50 per year, paid last…
A: Fixed cost are the cost that doesn't change over the change in quantity. Fixed cost remain fixed at…
Q: Starting to Misbehave According to Thaler, what two things give economics its reputation as the most…
A: Monopoly is a situation where there is a single seller in the market. In conventional economic…
Q: The labor force is the sum of:
A: Labour force = person employed + person who belongs to the working-age population and actively…
Q: (A) Find a simplified explicit form (in terms of s and t) for the amount of interest earned between…
A: Given, I=A(t)-A(s)where s<tWe need to find an explicit form for the amount of interest earned…
Q: When disposable income equals $800 billion, consumption expenditure equals $600 billion and when…
A: The marginal propensity to consume (MPC) concept quantifies how much more people will spend for…
Q: The table below depicts the maximum buying prices and minimum selling prices that potential buyers…
A: Market clearing price is achieved at the price level where market demand and supply are equal , and…
Q: 1. Suppose a person's utility is equal to U = VY and the initial income is $80,000. Medical expenses…
A: Here we are given the uncertain scenario and consumer's hence consumer's income also depends on this…
Q: Following the Keynesian cross, if there is a sudden tidal wave of investment, then it must be true…
A: as we know that AD=C+I in two sector closed model. where I stand for investment and is positively…
Q: In the graph you've just made, what is the level of private saving when the government has a $1…
A: Private savings is that amount of income which is left for consumption after taxes. Private savings…
Q: evolution of savings accounts, loans and online banking post COVID-19
A: Customers have grown even more reliant on web and mobile apps as a result of the mandatory…
Q: Consider an economy described by the following equations: Y=C + I +G Y=7,000 G=4000 T=2,000…
A: Given, GDP Equation: Y=C+I+G where, GDP: Y=7000 Government Expenditure: G=4000 Taxes: T=2000…
Q: Refer to Figure 13-1. Ceteris paribus, a decrease in the value of the domestic currency relative to…
A: AD = Aggregate demand AD = C + I + G + X - M C = consumption I = investment G = government…
Q: Ghana’s debt in order to meet IMF’s debt sustainability levels.
A: There are a number of options available to the Minister when it comes to restructuring Ghana's debt.…
Q: A machine costs P8,000.00 and has an estimated life of 10 years with a salvage value of P500.00.…
A: The initial cost of the machine (FC)=P8,000.00 Estimated life =10 years Salvage value =500…
Q: 1. Provide a sample scenario where professionalism is applied. 2. Justify the importance of…
A: Professionalism is a way to act in a way that shows great skill which helps other businesses to…
Q: In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption…
A: Consumption function we have C=100+0.75Y And the investment I=300
Q: Consider each scenario independently. In each of the following cases, use verbal and graphical…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: UPVOTE WILL BE GIVEN. PLEASE WRITE THE COMPLETE SOLUTIONS AND DRAW THE CASH FLOW DIAGRAM. NO LONG…
A:
Q: Imagine the following case study where two different countries: Albania and Belize have remained…
A: Output per worker in both the countries - Each country has workforce of 15 workers .
Q: Question 22 Table 2.1 GDP and its components, 2012 Source: Bureau of Economic Analysis. Table 1.1.5.…
A: Answer to the question is as follows:
Q: 5.16 Consider the following investment project. n 0 1 2 3 4 5 Ann - $42,000 32,400 33,400 32,500…
A: Given Cash flow: c Pi 0 -42000 1 32400 2 33400 3 32500 4 32500 5 33000 The…
Q: Currently Microland produces fewer cars and trucks than it can efficiently produce. We can…
A: A production possibilities frontier shows the various combinations of two goods that can be produced…
Q: _______ of unemployment during ________ make it easier for workers to ________ wages. High levels; a…
A: When talking about unemployment and wage rate, it can be said that when labor demand exceeds labor…
Q: 5. Problems and Applications Q5 Nick owns a water pump. Because pumping large amounts of water is…
A: Supply curve is the graphical representation of supply schedule. Supply schedule is the tabular…
Q: If a macroeconomist studying the causes of unemployment suspects that changes in technology might…
A: In macro-econometric models there are two types of variables: endogenous and exogenous. Exogenous…
Q: Consider the following game, called matching pennies, which you are playing with a friend. Each of…
A: a) We construct the payoff matrix as follows: When face matches, that is both you and your friend…
Q: 5. The real interest rate equals a. the nominal interest rate plus the rate of expected inflation.…
A: Real value excludes the change in price level. And Nominal value includes the change in price…
Q: u are the manager of a monopolistically competitive firm, and your demand and cost. ctions are…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first three subparts question…
Q: Eddie's Precision Machine Shop is insured for $700,000. The present yearly insurance premium is…
A: The premium based on coverage is the sum that we pay for insurance on the basis of a particular…
Q: Using the following data, calculate the equilibrium interest rate Y=7,000 G=4000 T=2,000…
A: The equilibrium real interest rate (r*) is the short-term real interest rate that, in the long term,…
Q: Spot exchanges are generally preferred when, Multiple Choice transaction costs are high. the…
A: Spot exchanges refers to that market arrangements in which the buying selling and all the…
Q: In a simple economy (assume there are no taxes; thus, Y is disposable income), the consumption…
A: Given that: Consumption function (C) = 200 + 0.8Y Assume there are no taxes and Y is disposable…
Q: Dog Up! Franks is looking at a new sausage system with an installed cost of $520,000 This cost will…
A: Depreciation is the continuous decrease in the economic value of the capital stock of a firm,…
Q: According to the theory of liquidity preference, a decrease in the nominal money supply by the…
A: According to the Liquidity Preference Theory, investors should expect a higher interest rate with…
Q: The pink tax refers to the phenomenon where government taxes feminine products such as tampons and…
A: 1. The government could subsidize feminine products so that they are more affordable for women. 2.…
Q: One of the duties of a bank is to repay money on demand in accordance with the customer’s written…
A: Banks are financial institutions that provide various financial services like deposits, loans, and…
Q: write a explanation about UN sustainability goals 8 and 12 and elkington's triple bottom line and…
A: Goal 8: Decent work and economic growth: Promote comprehensive and effective employment, fair work…
Q: The saving function of an economy is shown. Dissaving occurs OA. at an income level of $20 billion.…
A: What is dissaving? Negative saving; is a condition in which spending exceeds income. Dissaving can…
Q: The alternative policy is to introduce a tax of $3,000 on the sale of new cars. Under this policy,…
A: Here we are given the market of new cars. And here we have the demand and the supply curve. The…
Q: a. P48,200.00 Ob. P48,000.00
A: Given initial cost = 500,000 P Salvage = 100,000 Time = 25 years
Q: Question 27 When disposable income equals $800 billion, consumption expenditure equals $600 billion…
A: "Since you have asked multiple questions, we will solve first question for you.If you want specific…
Q: Fill in the blanks: Coat incurred in per unit production is....
A: Cost of production occurs while producing goods and services in the economy. The production of these…
Q: 5. Suppose the production function is given by Q=f(L, K) = employed, Answer the following questions:…
A: Given information: Q = 5L1/2K1/2---------------> Production function Where Q is quantity; L is…
Q: How much is accumulated over two years in each of the following savings plans? a.$40at the end of…
A: Given data for the part (a) of the question is as below, Deposited amount at end of the month:…
Q: In the long run, what happens to consumption, investment, and the interest rate when the government…
A: A closed economy alludes to a country that delivers its own labor and products and doesn't partake…
Q: You are provided with the following information about an imaginary economy called Keynesia:…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first three subparts…
Q: The economy depicted in the graph is:
A: The above graph shows the AD/AS model, where Aggregate demand is below the Long run Aggregate…
Q: Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards…
A:
Step by step
Solved in 2 steps
- What strategies did the East Asian Tigers employ to stimulate economic growth?How does a tax on interest income influence the economic growth rate? A tax on interest income drives a wedge between the interest rate _______ by borrowers and the interest rate _______ by lenders, which _______ the amount of saving and investment and _______ the economic growth rate. A. received; paid; lowers; slows B. paid; received; increases; increases C. received; paid; increases; increases D. paid; received; lowers; slows ThanksThe economy's real GDP was $140 billion in 2019 and $300 billion in 2020. Its population was 15 million in 2019 and 20 million in 2020. What is the growth rate of real GDP per capital from 2019 to 2020?v Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- 1. New growth theory (i.e., endogenous growth theory developed by 2018 Nobel Prize Links to an external site.winner Paul Romer Links to an external site.) is the theory that: Group of answer choices a. our unlimited wants will lead us to greater productivity and perpetual economic growth due to choices in pursuit of profits. b. when a decrease in labor productivity decreases real GDP per person the new prosperity brings a population explosion. c. the population contraction brings real GDP per person to a higher level. d. the clash between an exploding population and limited resources will eventually bring economic growth to an end.27. Govemment spending classified as public investment A) initially has a positive effect on economic growth, but tums negative at higher levels B) has an increasing positive effect on economic growth C) has a positive but diminishing effect on cconomic growth D) has a positive and increasing positive effect on economic growth 28. Increasing government spending on transfer payments has a A) A negative but decreasing effect on economic growth B) the same negative effect as spending increases C) a positive and decreasing effect on economic growth D) a negative and increasing effect on economic growth 29. "T*" on the Laffer curve is the Scully point, the optimal tax rate that maximizes economic growth. A) True B) False 30. "T*" on the Laffer curve, the optimal maximum tax rate, varies from country to country. A) True B) False 31. Individuals paying the maximum income tax are the most sensitive to changes in tax rates. A) True B) False 32. The tax rate associated with the Scully point on…How does increasing the level of public education spending typically affect the long- term economic growth of a country? A. It has no effect on long-term economic growth. B. It reduces long-term economic growth due to higher taxes. C. It increases long-term economic growth by improving the workforce's skills and knowledge. D. It initially boosts economic growth but leads to a decline in productivity over time.
- a. Identify THREE public policies that can stimulate employment and facilitate economic growth in an economy. Use examples to clearly illustrate how EACH policy can stimulate employment and facilitate economic growthEconomic Growth II – Work It Out Question 2 a. In the initial steady state, what is the savings rate (s)? In the nation of Wooknam, the capital share of GDP is 40 percent, the average growth in output is 3.5 percent per year, the depreciation rate is 4.0 percent per year, and the S = % capital-output ratio is 5.5. Suppose that the production function is Cobb-Douglas and that Wooknam has been in a steady state. Round answers to two places after the decimal when necessary. b. In the initial steady state, what is the marginal product of сapital (MPK)? MPK =What do loanable funds finance? What is the source of loanable funds? Loanable funds finance _______. A. business investment, the government budget surplus, and international borrowing B. business investment, the government budget deficit, and international investment or lending C. private saving, the government budget surplus, and international borrowing D. private saving, the government budget deficit, and international investment or lending
- propose 2 reasons why government should emphasize economic growth as a part of its mandate7. What rate of GDP growth would the government need to meet its goal of doubling the population's living standards in 18 years? Group of answer choices 4 percent 3 percent 2 percent 1 percent72) According to new growth theory, the accumulation of ________ capital is subject to diminishing returns at the ________ level, but not at the level of the economy as a whole. A) physical; firm B) technological; personal C) knowledge; firm D) physical; production 73) Because knowledge capital is nonexcludable and nonrival, firms have an incentive to ________ the research and development of other firms. A) make bids on B) not use C) ignore D) free ride on 74) When firms benefit from the results of research and development they didn't pay for, we say firms A) are litigious. B) free ride. C) invest in knowledge capital. D) maintain a level playing field. 75) For how long does a patent give a firm the exclusive legal right to a product? A) 10 years B) 17 years C) 20 years D) 50 years 76) A copyright grants the creator of a book, film, or piece of software exclusive legal rights to use the creation for how long? A) 10 years B)…