Q: A: In a two-period model, suppose the optimal extraction in period 2 is 20, MC=20, MB-71-2Q, r=10%.…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…
Q: Give an example of Oligopoly market and a Simultaneous Move Game you observe in this market
A: The oligopoly market is just like the market of monopolist but here there are more sellers but the…
Q: Solve it correctly Q)Transtech sells its product for $100. Marginal cost is a constant $70 per unit…
A: Given, Transtech sells its product for $100. Marginal cost = $70 per unit Fixed costs =70,500
Q: 2. The foreign exchange market The following question focuses on the exchange rate between U.S.…
A: Exchange Rate:- The rate for which one currencies are traded for the other is recognized as the…
Q: assume the required Reserve ratio is 12 for scientific Commercial Bank has actual reserves of 15,000…
A: Given, Required reserve ratio (rr) =12% Actual total reserve = 15,000 Loans =85000 Total…
Q: how to derive the income multiplier, comsumption multiplier and government multiplier, given Y=C +…
A: Multiplier effect A circumstance in which a small change in the input, such as government spending,…
Q: Table 1 O search The table shows the maximum quantities of goods X and Y that this economy can…
A: The table shows the maximum of good x and good y can be produced with given level of different…
Q: On the supply and demand graph, suppliers willing to produce at the O same; same Onone of the above…
A: The contrary and the price of sale and purchase of goods in the market for deter mind by the forces…
Q: 4. An interest rate is an effective rate under all of the following conditions, EXCEPT when: A) The…
A: Dear Student, as you have posted multiple questions but we can answer only one question at a time as…
Q: Tax elasticity and tax buoyancy are the same in that they both envisage the concept of the change in…
A: In an economy, tax elasticity and tax buoyancy are two different concepts that are used to explain…
Q: 18. How prices allocate resources Suppose that there are three beachfront parcels of land available…
A: The measure that depicts the price for which any good or service is being sold by the producer to…
Q: A futures market trades contracts on the growth rate for nominal GDP. The contract pays $X to the…
A: Given information: A future market trades contracts on the growth rate for nominal GDP. The contract…
Q: Which of the following are included in this year’s GDP? Explain your answer in each Rent received on…
A: GDP: GDP or Gross Domestic Product computes the health of an economy. A country with greater GDP per…
Q: The equation for the marginal cost of reductions is P=1+R*2 The equation for the marginal benefit of…
A: Marginal cost of reductions: PC =1+2R Marginal benefit of reductions: PB =33-2R where; R = Rate of…
Q: Business economics bridges the gap between abstract theory and business practice." Outline the…
A: Business Economics:- It is crucial to our everyday economic lives and company operations. Every day,…
Q: 1
A: Earnings from school investment = 9 s1/3 As , interest rate = 10% Cost of investment in school =…
Q: 1. Background information and a link to the news story Read the following article, which introduces…
A: When the government needs money for a brief time, Treasury bills are issued. Only the central…
Q: The price elasticity of demand for a popular sporting event is 2. If the price of a ticket to this…
A: The relationship between the proportionate change in demand and the proportionate change in price is…
Q: Examples of public services provided by the government to households
A: Public services refer to the various benefits and amenities provided by the government to its…
Q: n part a, round your answers to 2 decimal places. For all other parts, enter your answers as a whole…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If…
Q: The expected real rate of interest is 0.5%, actual inflation over the last year was -0.05%, ar the…
A: Here, given information is, Expected real interest rate: Actual inflation ove the last year:…
Q: By using appropriate diagrams, discuss the role of the monetary and fiscal policies in the New…
A: The sticky-price model of the upward sloping short-run AS (aggregate supply) curve is based on the…
Q: Economics Please type the answer by the computer, so i can see it clearly thank you!!! Please also…
A: Meaning of Price Elasticity of Demand: The price elasticity of demand refers to the situation…
Q: Effect of tax on economic activity Consider a monopolist who pays $3 tax per unit. Suppose the tax…
A: Monopoly:- A market can be described as monopolistic if just one business is allowed to sell…
Q: 01. What is the per-unit opportunity cost of product Y as production moves from point F to point A?…
A: From the given graph, Point F and point A lie on the production possibility curve. At point F, 12…
Q: ANSWER THE FOLLOWING QUESTION A pharma company uses spectrophotometers to analyze the…
A: Fixed costs include any number of expenses, including rental lease payments, salaries, insurance,…
Q: Calculate interest on a 90-day $5,000
A: Given, Time = 90 days (consider 360 days in a year) Interest = 11% Principal = $5000
Q: When the government uses taxes or subsidies to intervene in a market, it is operating thro O public…
A: The presence of externality leads to spill over costs or spillover benefits to third party who is…
Q: Draw a graph with the exchange rate (RM/$) on the Y-axis and the quantity of US dollars on the…
A: In the flexible exchange rate system, the demand and the supply of currency in the foreign exchange…
Q: assume the required Reserve ratio is 12 for scientific Commercial Bank has actual reserves of 15,000…
A: The information about Scientific Commercial Bank is given as follows: Actual Reserves = 15000 Loans…
Q: ader-follower (Stackelberg duopolists). Which of the following conditions ibrium? least one firm…
A: Perfect competition is an ideal kind of market structure where all makers and buyers have full and…
Q: Determine whether each policy below is expansionary (increasing aggregate demand) or contractionary…
A: The acts of a central bank that are geared toward affecting the total amount of money and credit in…
Q: what is open economy? And in (New Zealand) open economy is possible?
A: Introduction Open economy is the economy which has economic relations with other countries of the…
Q: 1: The short-run demand curve slopes downward because: A: The labour supply curve slopes upward…
A: Since you have posted multiple questions, we will solve the first one for you. If you want any…
Q: The real interest rate is the: O interest rate after taxes are deducted. O stated interest rate…
A: Inflation: The term inflation refers to the situation that indicates that the general prices of…
Q: a.High-income countries usually experienced lower GDP growth compared to middle-income countries.…
A:
Q: Question 12 Scenario 4 B Suppose the supply curve of workers is given by w 14+ 6Es, while the demand…
A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…
Q: 2) An annuity has an effective interest rate of j = 2% per period for the first 30 periods, then has…
A: Given Effective interest rate (i) from the first period to the 30th period = 2% Effective interest…
Q: The sugar market has a supply curve with formula: Ps= 5 +0.1Qs, and demand curve: Pd = 68-0.32Qd The…
A:
Q: uppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending =…
A: Calculation of the Gross Domestic Product: The GDP is the monetary value of both goods and services…
Q: When the Federal Reserve decides it will decrease the money supply using open market operations, it…
A: Federal Reserve is the central bank of the united states and a central bank is one of the players…
Q: Explain why the Reserve Supply is perfectly elastic at Discount Window
A: A central bank lending tool called the discount window was created to assist commercial banks in…
Q: inverse demand function is P = 200 -20, and the firm's cost function is C( Determine the firm's…
A: A contestable market is that market where no restrictions to entry and exit. When firms in a…
Q: 31 of 100 According to economic theory, the actor with the OOOO higher; comparative advantage lower;…
A: Opportunity cost refers to a loss incurred by giving up the next best alternative while making a…
Q: Consider a market in which supply and demand are both unit elastic at the equilibrium (equals 1 in…
A: Equilibrium is achieved where demand equals supply
Q: following special cases. a. b. nice aggr gate supply No firms have flexible prices (s=1) The desired…
A: The sticky price model is the model that reflects each activity related to prices and sticky prices…
Q: 8. The capitalized cost of a series of cash flows starting at the end of the first year with $7,500…
A: A capitalized cost is an expense added to the cost basis of a fixed asset on a company's balance…
Q: Suppose that a person's life is divided into two periods. A period of poor economic times, when this…
A: Wage in good economic times = 39 Wage in bad economic times = 27 Maximum number of hours that can…
Q: (1) Explain national income at factor costs. (2) Write a note on total domestic production.
A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…
Q: explain how government grants may crowd out fundraising by charities and private donations in the…
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Explain FIVE (5) importance of studying the development economic disciplines.
Step by step
Solved in 3 steps
- sustainable development 81. Tasks ahead to achieve Sustainable Development Goals.4. Consider the following information about a developing country: Income per capita $1037 Life expectancy 43 years Adult literacy 53% Gross enrollment 46% (a) Income index = (b) Life Expectancy index = (c) Education index =
- 1. Analyze contemporary issues affecting economic development in Trinidad and Tobago re Natural Disasters. 2. Develop strategies to research and access relevant information from a variety of sources. 3. Use data to analyze the levels of economic development across countries. 4. Use calculated measurement indicators to measure the performance of Caribbean economies. 5. Apply a researched theoretical framework, on economic development, to the context of a given Caribbean country.Answer in 7-10 sentences 1.Why does the world need to take sustainable development efforts and studies seriously, and how does this affect the Philippines? 2. What are the criticisms of the Sustainable Development Goals?Discuss the following Millennium Development Goasl (MDGs) and their achievement with respect to Pakistan 1.extreme hunger and poverty. 2. encourage gender equality and empower women. 3. reduce the child mortality
- 1. Why is an understanding of development crucial to policy formulation in developing nations? Do you think it is possible for a nation to agree on a rough definition of development and orient its strategies accordingly?MFIs equally are a big contributor to the achievement of the Millenium Development Goals (MDGs). With this understanding what are the role of MFIsGive examples of measures of sustainable development
- relationship between economic development and trip generationQuestion - 1 A) how are rules and governance important to economic Development and growth? B) how can international aid assist countries with economic development? Can international aid also cause problems? C) what can be done to Assist development countries?7- Developing countries all over the world are concerned about how to improve their National Income and Per capita Income. Which central economic problem is this related to? a. How to produce the goods and services? b. What goods and services to be produced? c. How to achieve economic growth? d. For whom to produce?