Please provide steps by step answer with proper explanation with final answer....... Macmillan LearningWhich policy or policies would a Keynesian most likely consider examples of the best way for the government to addressa recession?AttemptKeynesian would considerAnswer BankKeynesian would not considerThe Federal government gives aid grants to several states on the Gulf Coast, where the fishing industry has suffered in recent years.The government cuts income taxes for all families making between $60,000 and $110,000 a year.The government decides to rebuild several aqueducts across the country as a means of employing unemployed workers.

Keynesian economics advocates for government intervention in the economy, especially during…

Answered: Macmillan Learning Which policy or…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Planning for a major redesign, Itumeleng collected data at her store on several consecutive Saturday mornings. She noticed that customers arrived at the checkout at a rate of approximately 100 per hour. Fully 20 percent of the customers had 10 items or less. Those people took about 2 minutes to serve on average, while customers with more than 10 items took about 4 minutes to process. Itumeleng expects service time to improve when universal price code readers are installed in the new design. Help Itumeleng with her design for the system,
maximize Q = 50 K 0.5 L 0.5 Q=50K 0.5 L 0.5 subject to the constraint 2 K + 3 L = 36 2K+3L-36 using the Lagrangian method.
given Q=2P-500 what is P? write down P as a fuction of Q
27) A firm in a perfectly competitive market has no control over price because A) there is free entry and exit from the industry. B) every firm's product is a perfect substitute for every other firm's product, and there is a very large number of firms in the industry. C) the government imposes price ceilings on the products produced in perfectly competitive industries. D) the market demand for products produced in perfectly competitive industries is perfectly elastic.
A firm's revenue is R = 100g - 4q2 and cost is C = %3D 100 + 20g. The owner of the firm offers two alternative compensation packages to the manager: 1) 40% share of the company's profit or 2) 20% of the company's revenue. Which package will the manager choose?
I do not need the answer to A. Can I get help on part D? Sorry for not clarifying. Thank you!
Question 2 Type or True/False Banks often use the Apportion Method to authorize the borrower to pay a contractor for completion of specific segments of the house. For example, the bank approves a load for $1,000,000 to build a new house. However, the bank stipulates that the heating and air conditioning cannot be more than 10% and the air conditioning cost cannot be more than 5%. Therefore, the limit on the cost of the air conditioning system is $5,000. paste question here Full explain this question
[A] Suppose that a drug company has developed an ointment that can be used to treat sores and reduce scarring. Surveys indicated that the ointment, which costs $10,000 for a full course of treatment, can improve the quality of life from 0.6 to 0.7 for patients with this problem. Assume that this population has a life expectancy of 70 years. No need to worry about discounting. 1. What is the Incremental Cost-Utility Ratio (ICUR) for taking the ointment over doing nothing for a typical 20-year-old patient? [Hint: This patient has only 50 years of life remaining.] 2. If the cost-effectiveness threshold is $5,000 per QALYS, will the 20-year-old patient choose to get the ointment? What about a 60-year-old patient? [B] Is it appropriate to evaluate a healthcare intervention using various methods of economic evaluation as discussed in this course, or should we choose one primary method that best fits the analysis?
Emma has a utility functionU(x1, x2, x3) = logx1+ 0.8logx2+ 0.72logx3 incomes x1 , x2, x3 in the next three years. This is an example of (A) expected value; (B) quasi-hyperbolic utility function; (C) standard discounted utility; (D) none of the above.
(a) Will dynastic preferences, such as those discussed in Section 5.2, lead to infinite-horizon maximization if the instantaneous utility functions of future generations are different (ut(.) potentially different for each generation t)? (b) How would the results be different if an individual cares about the continuation utility of his offspring with discount factor β, but also cares about the continuation utility of the offspring of his offspring with a smaller discount factor δ?

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