The following table shows the nominal interest rate and the annual inflation rate (the GDP deflator) of Japan in the period 1996–2015 (Source: World Bank). 1996-2000 2001 - 2005 2006 - 201O 2011 - 2015 Interest Rate 1.5% 1.4% 1.3% 1.2% Inflation Rate -1.9% -0.9% -0.5% 1.6% Based on this information, which of the following statements are correct? O The real interest rate in 1996-2000 was -0.4%. Japan's real interest rate has been rising consistently over this period. Japan's real interest rate turned from being positive to negative during the period. The nominal interest rate has been falling faster than the real interest rate.

The following table shows the nominal interest rate and the annual inflation rate (the GDP deflator) of Japan in the period 1996–2015 (Source: World Bank). 1996-2000 2001 - 2005 2006 - 201O 2011 - 2015 Interest Rate 1.5% 1.4% 1.3% 1.2% Inflation Rate -1.9% -0.9% -0.5% 1.6% Based on this information, which of the following statements are correct? O The real interest rate in 1996-2000 was -0.4%. Japan's real interest rate has been rising consistently over this period. Japan's real interest rate turned from being positive to negative during the period. The nominal interest rate has been falling faster than the real interest rate.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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At a price of $14, country 1 will (a) offer for export 9 units of this product. (b) seek to import 9 units of this product. (c) choose not to trade. (d) increase supply. (e) offer for export 18 units of this product
UNITS OF VARIABLE TOTAL MARGINAL AVERAGE PRICE OF INPUT PRODUCT PRODUCT PRODUCT INPUT TOTAL VARIABLE COST AVERAGE VARIABLE COST TOTAL FIXED TOTAL AVERAGE TOTAL MARGINAL COST COST COST COST 012345678 0 $1 $2 6 $1 2 15 $1 27 $1 37 $1 45 $1 50 $1 52 $1 50 $1 ଖ ଖ ଖ ଖ ଖ ଖ ଖ ଖ ଖ $2 $2 $2 $2 $2 $2 $2 $2
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10. Mobile phone portability allows consumers to retain their phone number if they change to a different phone network, which will tend to (a) increase barriers to entry in the phone industry. (b) discourage product differentiation and increase switching costs. (c) encourage the formation of natural monopolies. (d) reduce market power in the phone industry. (e) (b) and (c) (f) (a) and (d) (g) (a) and (c) (h) (b) and (d) Answer: 10d.
(1D) Cameron lives in an apartment building and gets a $700 benefit from playing his stereo. Renee, who lives next door to Cameron and often loses sleep due to the music coming from Cameron's stereo, bears a $1,000 cost from the noise. At which of the following offers from Renee could both Renee and Cameron benefit from the silencing of Cameron's stereo? a. $250 b. $550 c. $750 d. $1,020 Answer for Question 1D: (1E) The market for Wellesley-branded refrigerator magnets has the following demand and supply curves respectively: QD = 16 – P and Q$ = 2*P – 8. The Town of Wellesley decides to impose a price of $10/magnet on all refrigerator magnets. This policy will lea it is a price a. Surplus ; ceiling to a becaus b. Shortage ; floor c. Surplus ; floor d. Shortage ; ceiling Answer for Question 1E: (1F) For a particular good, a 5 percent increase in price causes a 2 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good? a. There are…
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ctors) on of es 1. Relationship of data usage and bill Data Usage(GB/month) 0 10 20 30 Bill($/month) 10 30 50 70 A. Draw the graph, placing data usage horizontally(on the X axis) and bill vertically(On the Y axis). B. How much is the monthly fixed fee? C. How much is the charge per GB? D. What is the Equation that describes the relationship, where data usage is denoted by D, and bill by B? E. How much would be the charge for 50 GB use per month?
B. The late Anne Collins had 3 children, Mary, John and Hana who unfortunately all predeceased Anne leaving several Anne's grandchildren and great grandchildren. Unfortunately, Anne died intestate without a will or trust. She is survived by: Mary's daughters Emma and Joan John's son Patrick who has 2 children Joe and Frank; Frank has 1 child Eddy. Hana's daughter Elizabeth is also deceased leaving 2 children Jim and Eva. (i) Please fill in the table taking into consideration that Anne died without a will/trust and therefore the distribution shall be according to the CA intestacy laws (Modified Per Stirpes PC 240). Each Emma and Joan Mary's spouse Each of Patrick's 2 children Joe and Frank Each of Elizabeth's 2 children Jim and Eva Patrick's grandchild Eddy Patrick MPS Ø
Figure A Q Figure B Figure C Price (dollars per unit) 15- Price (dollars per unit) 15 Price (dollars per unit) 15- 14- 13- 12- 11- 10- MC MC 14- 14- 13- 12- 11- 10- „MC ATC 13- 12- 11- 10- ATC ATC MR MR MR 9- 9- 9- 8- 8- 8- 7- 7- 6- 90 100 100 100 1i0 Quantity (units) 90 110 90 110 15 Qua Quantity (units) Quantity (units) Consider a perfectly competitive firm in a short-run equilibrium. Figure shows a firm in bad times because the firm produces units and makes a(n) O A. A; 100; economic loss O B. B; 90; economic profit O C. A; 110; economic loss O D. C; 100; economic loss O E. C; 100; normal profit
A79. Which of the following is the most likely consequence of implementing the ‘Unified Payments Interface (UPI)’? (a) Mobile wallets will not be necessary for online payments. (b) Digital currency will totally replace the physical currency in about two decades. (c) FDI inflows will drastically increase. (d) Direct transfer of subsidies to poor people will become very effective.
3 Calculate the income taxes that a person has to pay considering the table below- If a person's income is $6,500, how much does he pay in taxes? If a person's income is $13,500, how much does she pay in taxes? (a) (b) Taxable Up to $5,000 $5,001-$10,000 $10,001-$15,000 Income Taxes 10% of taxable income 14% of taxable income 16% of taxable income
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