Q: DAC3345 2020 2020 2022 2022 ITEM PRICE (R) QUANTITY PRICE (R) QUANTITY X 100 200 150 250 Y 40 60 70…
A: The Laspeyres Price Index is a method of measuring the change in the cost of a fixed basket of goods…
Q: Define the terms "use value" and "non-use value" with an example.
A: Use value refers to the want satisfying power of the good or the utility derived from the…
Q: The following table shows the sales volumes for company XYZ in millions of KES. Use the below…
A: This can be defined as the mean value of sales over a specific period. It's calculated by adding up…
Q: The average price of a new home in the U.S. today is about $400,000. The average price of a new home…
A: Inflation refers to the sustained increase in the general price level of goods and services in an…
Q: Assess what you think will be the turbulence-causing factors during the next 5 years in the…
A: Businesses that provide medical services, manufacture medical equipment or drugs, provide medical…
Q: Between 2001 and 2014, by how much did (A) the labor force change? (B) unemployment change? (C)…
A: Given:- Data for 2001 and 2014 To determine:- Labor force change, unemployment change and employment…
Q: Identify the independent variable and dependent variable in this title. " Financial Literacy and…
A: From the title, it is evident that Financial Literacy is a variable, and Financial Decision Making…
Q: In the Index number of new businesses started during the year, number of business fallures s,…
A:
Q: The lanussi Legal Aide office assisted 110 people in June, 2020, with a staff labor cost of $3,880.…
A: Growth in productivity means growth in output over a certain level of input over a certain period of…
Q: Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages…
A: Employee participation rate reflects the percentage of all working-age employees employed or job…
Q: Calculate price index number of the year 1996 with 1986 as base year from the following data by…
A: Formulas: Laspeyre's price index number, PL01=ΣP1Q1ΣP0Q0×100 Paasche's price index number,…
Q: In which year the concept of Multidimensional Poverty Index was introduced? (A) 2010 (B) 2011…
A: The Multi-layered Neediness Record (MPI) was presented in 2010. This record, created by the Oxford…
Q: Please write the share of technology intensity of Turkey for 2020 or 2019 HIGH TECHNOLOGY PRODUCTS %…
A: Technology: It refers to the innovation that takes place in the economy. The more innovation will…
Q: None
A: The main objective of the Producer Price Index (PPI) is to calculate the average change in selling…
Q: *Raise TWO arguments WITH child labor, and TWO arguments AGAINST it. (4marks) *Give ONE example of a…
A: Arguments with child labor 1. Under the correct legal and working condition this could be a good…
Q: Perfect Population Projections Incorporated (PPP) has entered into a contract with the city of…
A: The expected or forecasted population for a certain future year is referred to as the projected…
Q: The percentage of workers joining a trade union in Malaysia has been steadily dropping in the last…
A: A trade union, also known as a labor union, is an organized association of workers or employees in a…
Q: "What is the Economic sectoral impact OF COVID 19 IN TONGA FROM 2019 TO 2021"
A: In Washington, D.C., Following the Hunga Tonga Hunga Haapai (HTHH) volcanic eruption and the local…
Q: The variable-based index values of wholesale bread prices for the years 1987-2003 are given below.…
A: Wholesale Price Index (WPI) is defined a measures which indicates the changes in the price of goods…
Q: 2. The following data relate to the sales of a product over an eight-month period:Moth January…
A: First, we need to run a regression analysis using the given data. The dependent variable is Sales…
Q: PRODUCT Product X Product Y Product Z YEAR 2000 2001 2002 2003 2004 price: $2.00 $3.00 $4.00 $5.00…
A: A price index is a measure of the average level of prices of a specific group of goods or services…
Q: Labour (Units) Total Product (TPP) (MPP) 0 0 1 100 2 250 3 350 4 400 5 420 6 420 Calculate and plot…
A: Answer: Formulas to be used: Average product=Total productLabor…
Q: Labour force 100 million seperation rate 2%/pm job finding 38%/pm (Per month = pm) in steady…
A: Labor force = 100 million Job seperation rate (s) = 2% = 0.02 job finding rate (f) = 38% =0.38
Q: Complete the following table by deriving the marginal tax rates in the income ranges of $20,000 to…
A: Marginal tax rate and average tax rate formula can be written as follows:
Q: Consider the data for the four months shown below. Month May June Units produced 1,282 1,320 Labor…
A: Labor productivity refers to the amount of goods and services produced per hour which is worked by…
Q: what is 3463 as a percentage rounded one decimal point
A: We must convert the number 3463 into a percentage format in order to represent it as a percentage…
Q: Illustrate, by solving the problem below, the economic order quantity model. Use the information…
A: Economic order quantity refers to an order quantity that is considered optimal for an organization.…
Q: Write the equation for the Rate of Return?
A: The gain or loss of an initial investment over a given time period is referred as rate of return.…
Q: Population 10 32 15 Income per month 2000 96000 1500 per person Total Population 57
A: The Gini index, often known as the Gini coefficient, is a measure of income distribution devised by…
Q: Baghiben
A: Economic Base Analysis: This is the go-to method among economic development specialists across the…
Q: According to the most recent survey conducted by Statistics Bureau of Metropolis, currently there…
A: Labor force shows the people of working age. Labor force is the sum of employed plus unemployed.…
Q: In econometrics in R, what does it mean when the AME for a variable is negative, but the coefficient…
A: In econometrics we we use linear regression model to estimate the the effect of independent variable…
Q: At a festival, one game involves guessing the number of marbles in a glass bowl. The following data…
A: To complete the frequency table, you'll need to count how many of the guesses fall into each class…
Q: b) Repeat the exercise undertaken in 4(a), but this time for those aged 18–24. Male Female…
A: b) Repeat the exercise undertaken in 4(a), but this time for those aged 18–24. Male Female…
Q: Year 1970 1971 1972 1973 Nominal GDP 932 1,117 1,469 1,758 Price Index 82 104 109 122 Refer to the…
A: Price index measures the change in the average price level. It does not means that all prices change…
Q: Statement True False Curve JJ is more elastic between points A and D than curve KK is between points…
A: Elasticity of demand/supply refers to the rate of change in quantity demanded/supplied for any…
Q: use an AE TO LAS/SAS/AD graph to represent a positive change (include the summary (rgdp,cpi,I,)
A: The economics as a study is based upon the basic idea of scarcity of resources which are present…
Q: The figure plots an index of real wages against population in England from the 1280s to the 1860s.…
A: The Malthusian trap was given by economist Thomas Malthus, According to him when the population…
Q: Which of the following represents a "categorical" variable? A The average wage rate of workers in…
A: Categorical variables are types of data that represent classifications or groups, like colors, and…
Q: A price index does not measure transportation costs? True or False
A: The average change in prices between periods or the average difference in prices between places is…
Q: Please describe the formula(s) used to determine the unemployment rate.
A: We are aware that those who are unemployed are those who have not had a job for four weeks or more…
Q: (a) Explain briefly the steps in the construction of consumer price index number.…
A: When you want to find out the changes that have taken place in the current price level in comparison…
Q: What does the value for the coefficient mean in the regression analysis of both the company ?…
A: In regression analysis, the coefficient also known as the regression coefficient or beta…
Q: The cost of all the raw materials increased by 12% from the year 2017 to 2019. Find the composite…
A: Given information 4 Raw material for food preparation Prices in year 2015 and in year 2017 Price…
Q: if Hec is ranking different universities of Pakistan on thier performance at national level , such…
A: Macroeconomics: Macroeconomics is a part of economic theory that studies the economy in totality or…
Step by step
Solved in 2 steps
- The change in output or total product the business, would achieve in the current period byexpanding the usė of an input by another unit is: O The Marginial physical product (b) The Total physical product (e) The Average pbysical product gep (d) The Marginal value productExplains it correctlyt (years since 2008) GDP (trillion dollars) 14.67 -14.81 0.25 0.5 0.75 14.84 14.55 14.38 (a) Estimate the relative growth rate (percent per year) at the first four times in the table. NOTE: Round your answers to one decimal place. Relative growth rate at 0 Relative growth rate at 0.25 % Relative growth rate at 0.5 Relative growth rate at 0.75 = (b) Economists often say an economy is in recession if the GDP decreases for two quarters in a row. Was the US in recession in 2008? because The US Choose one Choose one ▼
- QUESTION 2 ID1 The simple linear regression model in the exhibit 2 data shows that, O Both the intercept and the IDV are not significant at 0.05 significance level O Only the IDV is significant at 0.01 significance level O Both the intercept and the IDV are significant at 0.10 significance level O Neither a, nor b, nor c above QUESTION 3 ID1 The quadratic model [scales sold hat = bo + b1*(months employed) + b2*(months employed)2] in the exhibit 2 data shows that, O All IDVS are significant at alpha = 0.01 level O Only "months employed" is significant at alpha = 0.01 level O Only the intercept is significant at alpha = 0.01 level O Neither a, nor b, nor c abovewhat are performance indicators, level of indicators and type of indicators in Caster Semenya 200m raceA. It is known that the population of a community in 1995 was 230,000 people. The population continues to grow at an increasing rate for 5 years. In 2000 the population reached 300,000 people. The population continues to increase but the rate decreases until in 2007 the number reached 350,000 people. After that, the rate continued to decline for 3 years with a population of 320,000. The rate then rises again and the population reaches 280,000 in the long run.Represent this information in graphic form. B. Arteriosclerosis begins in childhood when plaque (a soft mass of fatty material) forms on the walls of arteries, blocking the flow of blood through the arteries. This can lead to heart attacks, strokes, and gangrene. If it is assumed that the aorta is cut in a cross section as shown in the figure, and has a radius of a cm in year t. Plaque thickness is assumed to be h = g(t). The open area is given by A = (a – h)^2 cm^2. What is the rate at which the area is decreasing due to plaque…
- The Wall Street Journal’s website, www.wsj.com, reported the number of cars and light-duty trucks sold through October of 2014 and October of 2015. The top sixteen manufacturers are listed here. The sales information for all manufacturers can be accessed in a data file below. Sales data are often reported in this way to compare current sales to last year’s sales. Year-to-Date Sales Manufacturer Through October 2015 Through October 2014 General Motors Corp. 2,562,840 2,434,707 Ford Motor Company 2,178,587 2,065,612 Toyota Motor Sales USA Inc. 2,071,446 1,975,368 Chrysler 1,814,268 1,687,313 American Honda Motor Co Inc. 1,320,217 1,281,777 Nissan North America Inc. 1,238,535 1,166,389 Hyundai Motor America 638,195 607,539 Kia Motors America Inc. 526,024 489,711 Subaru of America Inc. 480,331 418,497 Volkswagen of America Inc. 294,602 301,187 Mercedes-Benz 301,915 281,728 BMW of North America Inc.…Question: In which year the concept of Multidimensional Poverty Index was introduced? (A) 2010(B) 2011(C) 2000(D) 2008Please Dont use AI tool.calculate the overall price change (inflation) given the category changes and the appropriate weights below for 2008-2009
- Suppose the index of prices received by date farmers in Oman for 2008was 1.04 and the base year of index was 1999. Then, OPTIONS: (i) Relative to 1999, farm prices were 104% higher in 2008. (ii) Relative to 2008, farm prices were 4% higher in 1999. (iii) Relative to 2008, farm prices were 104% higher in 1999. (iv) Relative to 1999, farm prices were 4% higher in 2008.Performance of Key Sectors Exports of manufactured goods surpassed RM1 tril mark for the first time Manufactured Goods Manufactured Goods RM848.84 bil RM1.067 tril 125.6% 123.4% 86.1%* 86.0% EXPORTS IMPORTS RM1.240 tril RM987.24 bil 5.6% 7.9% 5.4% 6.2% Others . • Agriculture Goods RM98.10 bil Others RM4.71 bil Ågriculture Goods RM60.97 bil 个12.3% 136.8% RM24.40 bil Mining Goods RM69.79 bil 158.7% 125.0% Mining Goods 个19.5% RM53.04 bil Note: * share 19.0% 1. ANALYSE THE PERFORMANCE OF THE KEYS SECTORS ABOVENote:- 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.