Q: US T-bills (Rf asset) CPI Year Large Stocks LT Gov Bonds (inflation) 2016 12.95% 2.35% 0.20% 1.90%…
A: Answer given below,
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A: If we consider the gross domestic product (GDP) formula then it can be written as: GDP =…
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A: "A production possibility frontier represents the combination of two goods that an economy can…
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A: Given production function Y=K14L34K=40L=50
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Q: Consider the following numerical example of the Solow Growth Model: • s=0.25 • z=1 • FIK,N)=K0.3N0.7…
A: Production function: Y = F(K,N) = K0.3 N0.7 => Y = K0.3 N0.7 Divide both sides by N => (Y/N)…
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A: Pure strategy is the particular strategy that a player would choose to play over and over again…
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A: Total cost is the sum of fixed cost and variable cost. Fixed cost is the cost that remains same at…
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A: Equilibrium is achieved at a point where demand curve intersect the supply curve. When the world…
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A: Deadweight loss is the loss in total surplus when efficient quantity is not produced.
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A: The given table show the marginal external costs(MEC) for each of four firms (A,B,C and D) to…
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A: Since you have asked multiple question, we will solve the first question for you. If you want any…
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A: Concept: The elasticity of demand refers to the change in the quantity demanded due to a change in…
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A: Dead weigh loss is loss of total surplus in the market.
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A: Under, the Monopolistic Competition, there are an enormous number of firms that produce separated…
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A: Equilibrium is achieved at a point where demand curve intersect the supply curve.
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A: The answer is - the high private return to education.
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A: The monetary policies are those policies which are enacted by the central bank of a country to…
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A: The effectiveness of the employment policy is indicated by the marginal product of the input.
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A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…
Q: $20 MC AC 318 $16 $14 $12 $10 $6 $4 $2 MR $0 0. 300 600 700 800 Quantity per day Price
A: Profit maximizing output is determined where MR=MC
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A: The correct answer is given in the second step.
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A: There are many types or forms of market. Some of them are: 1. Perfect competition 2. Monopoly 3.…
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A: GDP is the value of final goods and services produced in the economy within a given period of time
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A: "Welfare represents the overall well-being of the society."
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A: The correct answer is given in the second step.
Q: A Nash equilibrium in a game means that
A: In the game theory, the Nash Equilibrium is the point or level where all the players are getting…
Q: Earlier we mentioned the special case of a monopoly where MC = 0. Let’s find the firm’s best choice…
A: We have MC = 0 and Equilibrium output is produced where MR= MC MR = dTR/dQ
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A: (i) Consumption function: C = 400 + 0.8Yd Relationship between Yd, C and S Yd = C + S => Yd =…
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A:
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A: We will answer the first question since the exact one was not specified. Please submit a new…
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A: In competitive market, long run equilibrium determined by the long run average total cost.
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A: Here given, Working age population 10000. Labor force 7000. Unemployed 1000 Vacancies 800 Total…
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A: "Profit is computed by deducting total cost (average total cost multiplied by quantity) from total…
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A: A country is said to have a competitive advantage if it can produce the good at a lower opportunity…
Q: Marginal Cost to Eliminate (Dollars) First Unit Second Unit Third Unit Fourth Unit Firm A 54 67 82…
A: Firm First unit Second unit Third unit Fourth unit A 54 67 82 107 B 57 68 86 108 C 54 66 82…
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- Identify and explain some externalities that might be associated with homelessness.What type of control, if any, does the President have over the EPA (Environmental Protection Agency)?What public policy approach would be most reasonable to protect consumers from harmful products? How might market and economic forces play a role in protecting consumers?