what is open economy? And in (New Zealand) open economy is possible?

Q: What did Frederick Engels believe about the family and society

A: A society is a group of people who interact with one another on a regular basis, or a large social…

Q: Do you believe that we can forecast future events?

A: Forecasting is a technique that uses historical data as inputs to make informed estimates that are…

Q: Explain what it means if the z-score of an exam score is -1.2.

A: z-score is a numerical value that tells the number of standard deviations a particular data value is…

Q: I heard that t = 66 months, is this true or false?

A: Current value of Car = 55000 Depreciation per month = 1% Steven's bank current balance  =…

Q: At the end how many months did the value of the savings bond first begin to exceed the value of the…

A: 750(1+0.03)^x > 1000+25x

Q: Q:7 a,b and c

A: We are going to solve for Pure Strategy Nash Equilibrium to answer this question.

Q: why is 1 the numerator over x + 2000 when you set it as u

A: The term "u" represents the variable x after it has been shifted by 2000 units to the right. This…

Q: Provide a list of HRD and WD programs at non-profit organizations, state agencies, and private…

A: a) Formal Staff Training; b) . Informal Training   Èxplanation:- 1. Systematic training for…

Q: If SSR is 1800 and SSE is 200, then R2 is .90. True or False?

A: SST is the total sum of squares, which measures the total variation in the dependent variable (Y)…

Q: do fast.

A: To find the value of $x$ to the nearest one decimal place, we can use trigonometric ratios based on…

Q: if the child buys either chocolates or hard candies one piece at a time, what will be his first two…

A: In economics, utility refers to the entire pleasure derived from the consumption of an item or…

Q: Is there anything more I can add to make this answer worth 8 marks?

A: Investment increases the capital stock, and the amount of capital that is available to an economy is…

Q: 15*2+30= 60min= 1hr Where did 2 come from?

A: Ciana  local shoe store/other  located only 15 minutes away from where she works.So when she goes to…

Q: In the final round of a TV game show, contestants have a chance to increase their current winnings…

A: The winning amount increases from $1 million to $2 million. Wrong guess decreases the amount to…

Q: Demand for your firm's products is related to the state of the economy. If the economy is expanding…

A: Expected annual sales imply the anticipated or forecasted total revenue that a business or company…

Q: Carl is an insurance representative who attempts to sell home insurance to 140 customers per year.…

A: Step 1:  Step 2: Step 3: Step 4:

Q: Jack and Diane work at a bakery. Jack can make either five batches of cookies or two cakes per hour,…

A: Here we will use the concept of absolute advantage. The worker who have advantage in producing cakes…

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.