Economics
58545 questions • Page 1096 / 1171
a). Is there a practical alternative to the market economy, present your argumen
a). Is there a practical alternative to the market economy, present your argument? b) Explain the expected effect on market price and quantity in the market for mobile phone hands…
a)A bond that pays interest semiannually has a price of $985.72 and a semiannual
a)A bond that pays interest semiannually has a price of $985.72 and a semiannual coupon payment of $25.75. If the par value is $1,000, what is the current yield? 2.61% 5.15% 5.22%…
a)At these prices, Roy maximizes his utility subject to his budget constraint by
a)At these prices, Roy maximizes his utility subject to his budget constraint by consuming 4 units of x1 and 8 units of x2 Now suppose after the price increase, Roy consumes 5 uni…
a)In recent months, the Central Bank of Japan (BOJ) has been actively trying to
a)In recent months, the Central Bank of Japan (BOJ) has been actively trying to prevent the appreciation of the value of the Yen against the US dollar. If the BOJ wants to leave t…
a)Suppose you are a producer of gloves located in Singapore. Rubber is one of th
a)Suppose you are a producer of gloves located in Singapore. Rubber is one of the major inputs for making gloves. Your company must import rubber which is sold in the world market…
a)When are break-even points realized for a firm in a perfectly competitive mark
a)When are break-even points realized for a firm in a perfectly competitive market? When AR=P. When MR=MC. When AC=MC. When MR=AC. b)Which of the following statements is true rega…
a)Write down the national account identify for a closed economy. Then, show the
a)Write down the national account identify for a closed economy. Then, show the identity between national savings (i.e. the sum of private savings and government savings) and inve…
a)does the production function exhibit encreasing or decreasing marginal prducti
a)does the production function exhibit encreasing or decreasing marginal prductivity? b)label a level of population at which the population is expected to grow. What is the surplu…
a- nominal wages rose, but prices declines b- Nominal wages declines, but prices
a- nominal wages rose, but prices declines b- Nominal wages declines, but prices rose c- Nominal wages and prices both rose d- Nominal wages and prices both declined e- It was not…
a-0.7. The K will receive ppose that an economy\'s production function is Cobb-D
a-0.7. The K will receive ppose that an economy's production function is Cobb-Douglas Y K wi rameter (a) 30% of total output. (b) 70% of output (c) 50% of output (d) The percentag…
a-rise and product diversity in the market increases rise and product diversity
a-rise and product diversity in the market increases rise and product diversity in the market decreases decline and product diversity in the market increases decline and product d…
a. ( 12 point ) What price will the monopolistically competitive firm charge in
a. (12 point) What price will the monopolistically competitive firm charge in this market? [Hint: Use my 5-step procedure] $_________ b. At the profit-maximizing level of output, …
a. (1 point) When the United States is at point A, we are in long-run macroecono
a. (1 point) When the United States is at point A, we are in long-run macroeconomic equilibrium. What other point on the AS-AD graph would we be at long-run macroeconomic equilibr…
a. (5) What is equilibrium price and quantity? b. (10) Suppose this question rel
a. (5) What is equilibrium price and quantity? b. (10) Suppose this question relates to the book market. If the government is lobbied by book publishers to protect print books in …
a. -17. are given in the following table. What is the maximum revenue that can b
a. -17. are given in the following table. What is the maximum revenue that can be generated by setting a bundled price The reservation prices, in dollars, for three classes of dem…
a. 0.01 Oe.1 Od. 100 Oe. 10 QUESTION 7 Oa monetary policy involves regulation of
a. 0.01 Oe.1 Od. 100 Oe. 10 QUESTION 7 Oa monetary policy involves regulation of the money supply, but fiscal policy involves government spending and b. fiscal policy is a macroec…
a. 15000 b. 22000 c. 15,200 d. 13,800 There for, it_______ socially optimal, or
a. 15000 b. 22000 c. 15,200 d. 13,800 There for, it_______ socially optimal, or efficent, for Felix, Kristen, and Robert to purchase the clock. a. is b. is not If the community (F…
a. 4 loads of laundry b. 6 loads of laundry c. 2/3 of a load of laundry d. 3/2 o
a. 4 loads of laundry b. 6 loads of laundry c. 2/3 of a load of laundry d. 3/2 of a load of laundry e. impossible to compute 11. In one week, Mohammed can knit 5 sweaters or bake …
a. A TV station wants a documentary about the Australian outback. A freelance re
a. A TV station wants a documentary about the Australian outback. A freelance reporter is interested and the two parties negotiate. The trip to Australia, the equipment and everyt…
a. A repeat violation b. A willful violation e. An actionable violation d. An op
a. A repeat violation b. A willful violation e. An actionable violation d. An open violation 14. Poor indoor air quality that is often a result of inadequate ventletion io known a…
a. A rich aunt is going to leave you $145,200 in exactly two years, but now you
a. A rich aunt is going to leave you $145,200 in exactly two years, but now you are broke (or more exactly, you need the money for tuition). If the interest rate is 10%, how much …
a. After paying $1.00, you are allowed to open a newspaper vending machine (i.e.
a. After paying $1.00, you are allowed to open a newspaper vending machine (i.e. get as many as you want, theoretically). In contrast, a soft drink vending machine only drops one …
a. All European countries experience an economic expansion, raising incomes in e
a. All European countries experience an economic expansion, raising incomes in each of the European countries. This will cause a decrease in aggregate demand, shifting the aggrega…
a. As the chart shows, there is an upward trend in the long-run behavior of the
a. As the chart shows, there is an upward trend in the long-run behavior of the real exchange rate. According to the Balassa-Samuelson explanation of long-run changes in real exch…
a. As the number of firms increases, the market aproaches b. As the number of fi
a. As the number of firms increases, the market aproaches b. As the number of firms increases, the market aproaches equilibrium. As the number of firms decreases, the market ap c.…
a. As you face more competitors do you become more or less aggressive, i.e. do y
a. As you face more competitors do you become more or less aggressive, i.e. do you lower or raise your price? Why? b. Which markets are the most competitive: those with few or wit…
a. Assume that there is a marketing campaign by public health departments encour
a. Assume that there is a marketing campaign by public health departments encouraging consumers to eat more bananas because of health benefits (e.g. bananas are rich in essential …
a. At a product price of $56, will this firm produce in the short run? If it is
a. At a product price of $56, will this firm produce in the short run? If it is preferable to produce, what will be the profit-maximizing or loss-minimizing output? What economic …
a. At what level of operation (hours per year) would you be indifferent between
a. At what level of operation (hours per year) would you be indifferent between the two pumping systerms? If the pumping system is expected to operate 2,000 hours per year, which …
a. Below what price will the firm temporarily shut down? b. What?s the quantity
a. Below what price will the firm temporarily shut down? b. What?s the quantity associated with the shut-down condition? c. What is the price that will make the firm break even? d…
a. Column headingsshould be the four market structures: 1) Perfect competition 2
a. Column headingsshould be the four market structures: 1) Perfect competition 2) Monopoly 3) Monopolistic competition 4) Oligopoly b. Use the following Row…
a. Comment on the trends in the inflation rate and money supply from 2004 to 201
a. Comment on the trends in the inflation rate and money supply from 2004 to 2010. b. Identify the relationship between the movement in the money supply and the inflation rate fro…
a. Compare Means of Three of More Groups Descriptives X24 -- Likely to Recommend
a. Compare Means of Three of More Groups Descriptives X24 -- Likely to Recommend N Mean Std. Deviation Std. Error 95% Confidence Interval for Mean Minimum Maximum Lower Bound Up…
a. Compared to pure monopoly and pure competition, monopolistically competitive
a. Compared to pure monopoly and pure competition, monopolistically competitive industries might have economic profits, they will diminish as competitors enter, and there will be …
a. Complete the following table. firm produces its output using only labor. Each
a. Complete the following table. firm produces its output using only labor. Each unit of labor costs $150. When appropriate, round to two decimal places. (13 points) Units of Labo…
a. Complete the table. b. A competitive firm maximizes profit when the market pr
a. Complete the table. b. A competitive firm maximizes profit when the market price equals the marginal cost. If the market price was $90, how much output would the firm produce? …
a. Consider a competitive market supple and demand model. If there are no extern
a. Consider a competitive market supple and demand model. If there are no externalities, explain why economists describe the competitive equilibrium an efficient? b. Suppose inste…
a. Consider the following data of an economy in a certain year: Item Private con
a. Consider the following data of an economy in a certain year: Item Private consumption expenditures Private investment expenditures Government expenditures on final goods and se…
a. Consider the information above. Suppose that G increases by G = 150 units. Wh
a. Consider the information above. Suppose that G increases by G = 150 units. What will be the short-run effects on P and Y? P in short run = Y in short run = Description 1. T…
a. Consider the iron ore production industry, and assume that there are just two
a. Consider the iron ore production industry, and assume that there are just two producers, FM and BHP. Initially assume that both firms are identical in terms of their production…
a. Consider two nations, Spendia and Savia. The MPC for Spendia is 0.8, and the
a. Consider two nations, Spendia and Savia. The MPC for Spendia is 0.8, and the MPC for Savia is 0.5. Assume that both nations experience an increase in gross investment (I) of $1…
a. Define what a revenue neutral tax is? b. Why does the Oregon report state not
a. Define what a revenue neutral tax is? b. Why does the Oregon report state not to use all the revenues from the carbon tax to reduce personal income taxes (Scenario 2.2)? How do…
a. Describe any 3 measures of Inequality . For each measure, explain whether it
a. Describe any 3 measures of Inequality. For each measure, explain whether it satisfies the axioms of 1) Anonymity, 2) Population invariance, 3) Relative income principle, 4) Dal…
a. Describe any 3 measures of Inequality . For each measure, explain whether it
a. Describe any 3 measures of Inequality. For each measure, explain whether it satisfies the axioms of 1) Anonymity, 2) Population invariance, 3) Relative income principle, 4) Dal…
a. Did constructing this chart entail present value calculations or future value
a. Did constructing this chart entail present value calculations or future value calculations? Answer: It entailed _______________________ calculations. b. Set up t…
a. Do a formal cost-benefit analysis using the quantifiable factors previously l
a. Do a formal cost-benefit analysis using the quantifiable factors previously listed. Assume that the lifespan of the dam is 30 years. As in the example in Table 6.5 , assume tha…
a. Do you think that your work effort is influenced by whether there is a close
a. Do you think that your work effort is influenced by whether there is a close link between personal output and personal compensation (reward)? Explain b. Suppose grades in your …
a. Does convergence property imply that a measure of dispersion of income per pe
a. Does convergence property imply that a measure of dispersion of income per person across the economies will narrow over time? b. Abosolute convergence held for US staes from 18…
a. Draw a Demand & Supply diagram for the (potential) market for human kidneys.
a. Draw a Demand & Supply diagram for the (potential) market for human kidneys. (Note: draw the supply curve as upward sloping starting at a current hypothetical Quantity of K…
a. Explain how you will construct the Lorenz curve from the income data given be
a. Explain how you will construct the Lorenz curve from the income data given below. What is the relationship between the Lorenz curve and the Gini coefficient? Using this relatio…
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