Economics

20:16 rsccd.instructure.com False D Question 3 5 pts We are working on my rare 1

20:16 rsccd.instructure.com False D Question 3 5 pts We are working on my rare 1955 Chevy BelAir (worth around $45,000. US) rm having a difficult time adjusting the timing when th…

20:28 rsccd.instructure.comC Canvas Student XInstructure Inc. OPEN INSTALLED IL\

20:28 rsccd.instructure.comC Canvas Student XInstructure Inc. OPEN INSTALLED IL' | | 01 #51370 Online (6/ > Quizzes > Module 3 Quiz: Contracts an." Module 3 Quiz: Contracts …

20A trade balance where exports exceed imports is called: trade surplus. trade d

20A trade balance where exports exceed imports is called: trade surplus. trade deficit. budget deficit. none of the above. 21Capital flows deal with: buying and selling of newly p…

20T Fall. Online Microeconomics,202-301 Homework: Homework # 7 Score: 0 of 1 pt

20T Fall. Online Microeconomics,202-301 Homework: Homework # 7 Score: 0 of 1 pt Checkpoint 2 Problem 1 HW Score: 62.5%, 15 of 24 pts Kali is a dot-com entrepreneur who has establi…

20The practice of charging different prices to various groups of customers that

20The practice of charging different prices to various groups of customers that are not based on differences in the costs of production is referred to as: predatory pricing. marku…

21 As a market-based society, non-profit firms are illegal in the U.S. True Fals

21 As a market-based society, non-profit firms are illegal in the U.S. True False 22 An externality is a cost or a benefit that falls on third parties and is therefore ignored by …

21 From a Mexican perspective, what was one argument against adopting the North

21 From a Mexican perspective, what was one argument against adopting the North American Free Trade Agreement (NAFTA)P (1) Mexican industries would be able to increase reater econ…

21 In systems thinking, important concepts include: a) Structure determines beha

21 In systems thinking, important concepts include: a) Structure determines behavior b) Behavior determines mental models c) People are individually and exclusively at fault when …

21 Offshoring Assume producing a car requires three tasks: A (the design), B (th

21 Offshoring Assume producing a car requires three tasks: A (the design), B (the electronics), and C (the body of the car). Task A is the most skilled intensive. It requires 6 sk…

21) 21) In perfect competition, an individual firm A) sets the price but does no

21) 21) In perfect competition, an individual firm A) sets the price but does not determine the quantity it sells in the marketplace. B) sets the price and determines the quantity…

21) Consider a 20-year $1,000 par value bondeith an annual coupon fate the follo

21) Consider a 20-year $1,000 par value bondeith an annual coupon fate the followingt Payments. If the required rate of return on this bond is 7% correct price of this bond? rate …

21) During recessionary gaps, government revenue automatically a) rises because

21) During recessionary gaps, government revenue automatically a) rises because of the progressive income tax system b)falls because of the progressive incom etax system. c) falls…

21) For the cost function CrO)- 100 - 3nal cot of producins the marginal cost of

21) For the cost function CrO)- 100 - 3nal cot of producins the marginal cost of producing 2 units of output is: B) 3. C) 12. D) 14. 22) For the cost function C(Q)- 100+2Q+3?, the…

21) GDP Measurement Use the data on U.S. real GDP below to compute real GDP per

21) GDP Measurement Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per per…

21) How much money does the average professional football fan spend on food at a

21) How much money does the average professional football fan spend on food at a single football game? That question was posed to 43 randomly selected football fans. The sample re…

21) If the MPC is .8 and there is a $10 million increase in investment spending,

21) If the MPC is .8 and there is a $10 million increase in investment spending, then the aggregate demand curve will shift up and to the right by: 21) ______ A) $50 million. B) $…

21) Suppose that coffee and tea are substitutes and a new species of coffee plan

21) Suppose that coffee and tea are substitutes and a new species of coffee plants discovered which grows at a lower cost than previous varieties of coffee. Whi the following will…

21) Suppose that ramen noodles are an inferior good. When income decreases, the

21) Suppose that ramen noodles are an inferior good. When income decreases, the equilibrium quantity of ramen noodles will ________ and the equilibrium price of ramen noodles will…

21) Suppose the h reconomy starts out witha non-Intitutionalined population unem

21) Suppose the h reconomy starts out witha non-Intitutionalined population unemployed are still job hunting, In addition, rony eccino3,000 0,000 of 200,000 on and 3,000 are unemp…

21) Suppose there are two inputs for production: labor and capital. The price of

21) Suppose there are two inputs for production: labor and capital. The price of labor is $2 and the price of capital is $1. What is the slope of the isocost line given the total …

21) a cap on output, in order to reverse export dumping\' or predatory pricing G

21) a cap on output, in order to reverse export dumping' or predatory pricing Graph E 2) Graph F 3 Graph G 4) Graph H 5) [not enough information to answer] 22) the effects of a mi…

21) if currency traders expect the dollar to depreciate. What will be the impact

21) if currency traders expect the dollar to depreciate. What will be the impact on demand and supply of dollars in the foreign exchange market? A) Demand for the dollar will decl…

21) r actions ) cognitive D) cross-trainient E) negative ng their by vate employ

21) r actions ) cognitive D) cross-trainient E) negative ng their by vate employees theory suggests modification through behavior A) Expectancy ) Two-factor ) Maslow's D) Reinferc…

21,22,23 17. The minimum points of the average variable cost and average total c

21,22,23 17. The minimum points of the average variable cost and average total cost curves occur where a. the marginal cost curve lies below the average variable cost and average …

21- A product would be more demand price elastic: Question 21 options: a- the sh

21- A product would be more demand price elastic: Question 21 options: a- the shorter the time the consumer has to adjust to price changes. b- the lower the price of the good. c- …

21- A technological improvement in the production of good X causes the: Question

21- A technological improvement in the production of good X causes the: Question 21 options: a- demand curve for X to shift to the right. b- demand curve for X to shift to the lef…

21- Suppose a firm has an output of 10,000 cans and a total fixed cost of $2,000

21- Suppose a firm has an output of 10,000 cans and a total fixed cost of $2,000. At an output of 5,000 the difference between the total cost and the total variable cost is: Quest…

21-23. A monopoly firm producing a rare cheese has demand for its output given b

21-23. A monopoly firm producing a rare cheese has demand for its output given by                    P = 116 - 2Q. The firm’s costs are given by TC = q2 + 20q + 256. Q or q repres…

21. A firm\'s ability to increase its profitability and profit growth by expandi

21. A firm's ability to increase its profitability and profit growth by expanding globally is constrained: A. by the imperative of localization. B. by the economies of scale. C. d…

21. A leftward shift of the market demand curve, ceteris paribus, causes equilib

21. A leftward shift of the market demand curve, ceteris paribus, causes equilibrium: Price to decrease and quantity exchanged to increase. 22. Which of the following is a predict…

21. A production possibilities frontier will be a straight line if, a. Increasin

21. A production possibilities frontier will be a straight line if, a. Increasing the production of one good by x units entails no opportunity cost in terms of the other good. b. …

21. A trade surplus will be reflected as a A. Capital inflow. B. Capital in-stre

21. A trade surplus will be reflected as a A.   Capital inflow. B.   Capital in-stream. C.   Capital outflow. D.   Capital inflight.                                               …

21. As a limit to economic growth, environmental problems are more difficult to

21. As a limit to economic growth, environmental problems are more difficult to solve than resource problems because: a most scientists haven't determined the relationship between…

21. Assume that demand increases by 1 percent , the absolute value of price elas

21. Assume that demand increases by 1 percent , the absolute value of price elasticity of demand is 1.0, and price elasticity of supply is 1.0. What is the percentage price change…

21. Cyclical unemployment is a result of An inadequate matching of qualified wor

21. Cyclical unemployment is a result of An inadequate matching of qualified workers and available jobs b. a. Inaccurate and/or costly information about job opportunities Insuffic…

21. Cyclical unemployment is a result of a. An inadequate matching of qualified

21. Cyclical unemployment is a result of a. An inadequate matching of qualified workers and available jobs b. Inaccurate and/or costly information about job opportunities c. Insuf…

21. Cyclical unemployment is a result of a. b. c. d. e. An inadequate matching o

21. Cyclical unemployment is a result of a. b. c. d. e. An inadequate matching of qualified workers and available jobs Inaccurate and/or costly information about job opportunities…

21. ECO1050 u06q1 Question 21 (Points: 3) Computer memory chips are produced on

21. ECO1050 u06q1 Question 21 (Points: 3) Computer memory chips are produced on wafers. Each wafer has many separate chips that are separated and sold. The above table shows costs…

21. GDP measures a. The market value of intermediate products produced during th

21. GDP measures a. The market value of intermediate products produced during the year b. The sum of the market value of both final and intermediate products produced during the y…

21. GDP measures a. The market value of intermediate products produced during th

21. GDP measures a. The market value of intermediate products produced during the year b. The sum of the market value of both final and intermediate products produced during the y…

21. If autonomous expenditures equal $1,000 and the mpe is 0.8, then equilibrium

21. If autonomous expenditures equal $1,000 and the mpe is 0.8, then equilibrium income will be $800. True False 22. Suppose the economy is initially in an inflationary gap and th…

21. If your marginal propensity to consume is 0.75 and you get a $10,00 windfall

21. If your marginal propensity to consume is 0.75 and you get a $10,00 windfall, how much do you save? 22. If the spending multiplier is 1.3 and consumer spending increases by SI…

21. In the ae-output model, an increase in government spending causes an: a. upw

21. In the ae-output model, an increase in government spending causes an: a. upward shift in the ae curve b. downward shift in the ae curve c. shift in the 45-degree line d, right…

21. Long-Run ATC 0 Output Refer to the diagram. Diseconomies of scale a) occur o

21. Long-Run ATC 0 Output Refer to the diagram. Diseconomies of scale a) occur over the Q10s range of output. b) begin at output Q1- e) begin at output @s d) are in evidence at al…

21. Optimal income taxation for purposes of determining vertical equity and acco

21. Optimal income taxation for purposes of determining vertical equity and accounting for behavioral responses has the following condition: the ratio of marginal utility of incom…

21. Phil Armstrong earns a gross income of $5,355 per month. He has submitted an

21. Phil Armstrong earns a gross income of $5,355 per month. He has submitted an application for a fixed-rate mortgage with a monthly PITI of $1,492. Phil has other financial obli…

21. Shouldall professors be paid the same? The graphs here show the supply of an

21. Shouldall professors be paid the same? The graphs here show the supply of and demand for assistant professors in history (left) and in biology (right) for a hypothetical unive…

21. Social welfare is greater when two or more manufacturers merge to take advan

21. Social welfare is greater when two or more manufacturers merge to take advantage of economies of scale. True False Why would this not be true if the cost would go down? 23. Qu…

21. Suppose an economy has the production possibility frontier characterized by

21. Suppose an economy has the production possibility frontier characterized by X +2Y 100. The vertical and horizontal intercepts of the frontier are a. 50 and 100. b. 100 and 50.…

21. The Federal Reserve\' mutual funds (c) eliminate reserve million or less) (d

21. The Federal Reserve' mutual funds (c) eliminate reserve million or less) (d) all of the above s reserve requirement power includes the authority to (a) determine are subject t…