Which of the following is NOT a central concern for states and localities? decreased tax revenue population increases international relations population decreases

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A: In GDP calculation, only the services given by other with monetary terms will be included in GDP.…

Q: . Negotiation of the USMC [Free-Trade] Agreement of 2020 involved prolonged consideration of all of…

A: Answer is option C Here i am giving you in detail :- The 2020 United States-Mexico-Canada Agreement…

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A: Part 1: AnswerIn the absence of a specific image or figure, I'll describe a general approach to…

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A: Nominal GDP is the number of commodities that are produced in a country (nation) in a particular…

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A: Cross price elasticity measures the change in demand of a good caused by the change in the price of…

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A: Inflation refers to the percentage change in the value of the WPI on a year-on-year basis. where WPI…

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Q: Question 22 After joining the union, at what price could it now import the product?

A: supply and demand, in financial aspects, is the connection between the amount of a product that…

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A: Labour union is the  organised group of labour which they formed for protection their self from…

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A: When prices of the current year are expressed as a percentage of base year price, then index numbers…

Q: Consider the following model for a small open economy. Using this model, and rounding to 3 decimal…

A: We are given the following information: IS equation, Y =750-s-1000i+5e(Pf/P) LM equation, i =…

Q: According to the efficient market hypothesis, in order to eam abnormally high returns, an investor…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: larginal Marginal revenue and marginal cost (dollars per can) evenue MC 16 12 Profit- maximizing…

A: The graph shows a perfect competitive market . It also shows quantity is horizontal axis and price,…

Q: Darrell owns a furniture store. His total costs are $225,000 per year, and his fixed costs are…

A: Total costs include all the costs that a firm incurs when producing a product. Fixed costs are the…

Q: If the multiplier is 5 and government expenditures increase by $200 billic OA) AD shifts left by…

A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you…

Q: Dawson went shopping with only $100 on him. He wants to buy a new pair of designer eye glasses and a…

A: Trade of refers to the situation where the person has to give up something in order to gain some…

Q: $10 $9 $8 $7 $6 $5 $4 $3 $2 $1 1 23 4 5 6 7 8 9 10 Looking at the supply and demand curves you drew.…

A: The individual's ability to buy a product in the market is described as the demand. The consumer has…

Q: B. Determine the inflation rate of Country ABC using its CPI from 2020 and 2021. Price 2021 10,000…

A: To calculate CPI, the formula used is :  CPI = Price of basket of goods in current yearPrice of…

Q: Walmart employs the majority of people in small rural town. It's demand for labor is given by…

A: Hi Student, Thanks for posting the question. As per the guideline, we are providing answer for the…

Q: Sam, an American citizen prepares meals for his family at home. Ellen, a Canadian citizen, commutes…

A: GDP is the value of all the goods and services produced in an economy over a period of time within…

Q: First draw a cash flow diagram for the cash flow series shown below. Then write an expression (e.g.,…

A: a. Below is the cash flow diagram. In the diagram, all the values below the line, for example, 3000,…

Q: Boris lost his job when the coal mine at which he had worked closed. After more than a year of…

A: Employed Person: The term employed refers to the state of engaging in work. If a person works and…

Q: The below graph represents a monopoly market, the revenue maximizing price is $ $ 10 9 8 7 6 S 4 3 2…

A: Monopoly : A company becomes a monopoly when it is the only seller of its product and there are no…

Q: 17. What is the total market quantity level of Vape liquids that correspond to the price of R100? A.…

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Q: A monopolist produces a homogeneous good in two factories, each with its own distinct marginal cost…

A: The demand function is the mathematical relationship between the quantity of a commodity demanded…

Q: Consider a company that produces Good A and Good B. The equation of the PPF is 14.x² + 7y² = 11,900,…

A: The production possibility frontier (PPF) curve shows the different combination of inputs which…

Q: Which of the following would lead to an increase (rightward shift) in the demand for money? an…

A: The answer is -decrease in the interest rate.

Q: Bridget's preferences for apples( X) and bananas(Y) can be represented by the utility function…

A:

Q: Time Period at higher wages, more workers will seek to enter the industry, thereby adding to the…

A: The equilibrium wage rate is determined where the demand and supply for labor are equal. The wage…

Q: Identify each good as either intermediate or final. Not every good will be used. Drag each item on…

A: The key difference between intermediate and final goods is their usage. Intermediate goods are used…

Q: Plot the following hypothetical demand and supply schedules for Good V. QUANTITY DEMANDED 1,100 900…

A: A demand curve illustrates a consumer’s desire to buy a product or service and willingness to pay…

Q: Suppose the following information on Nominal GDP and Average Prices. Use 2011 as your base year.…

A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

Q: If sellers do not respond at all to a change in price, Select one: O a. a long period of time must…

A: The Price of a commodity determines the quantity supplied for that commodity. As per the law of…

Q: How would a plan to limit the price of old arugs, but not new drugs to allow for innovation, likely…

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Q: Jessica Jackley begins her journey into microfinance in Kenya, Uganda, and Tanzania where she…

A: Availability of credit can potentially be extremely important for encouraging economic growth.…

Q: 5. Suppose a fim's production function is y = 40K0.25 The price for K is r. %3D a) Derive the factor…

A: The production function is that function, which shows the relationship between factors of production…

Q: The budget deficit function BD for a country is given as: BD(Y)=G+iD-T(Y) where G is government…

A: Budget deficit occurs when the government spending (expenditure, subsidies) surpasses the income or…

Q: Stella typically makes decisions using considerable effort and a complex thought process. Which of…

A: The process of proper evaluation of the available options and making the optimum choice amongst the…

Q: Consider a company that produces Good A and Good B. The equation of the PPF is 14x² + 7y² = 11,900,…

A: The production possibility frontier (PPF) curve shows the different combination of inputs which…

Q: Political values are important because individuals often use values to Select an answer and submit.…

A: A political belief suggests how politics should work. The political culture explains how citizens…

Q: You can buy a mountain bike on sale for only $562.97. What is the percent markdown if the original…

A: Sale price= $562.97 Original price = $659.50

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A: