Economics

3) Explain the preferences of a consumer towards anchovies and chicken that are

3) Explain the preferences of a consumer towards anchovies and chicken that are represented in the following diagram Anchovies                            U = 10 5                 …

3) Given below is information on all of the entries in Balance of Payments of a

3) Given below is information on all of the entries in Balance of Payments of a hypothetical developing country: Commodity exports = $28 million Debt service payments = $1 million…

3) Given below is information on all of the entries in Balance of Payments of a

3) Given below is information on all of the entries in Balance of Payments of a hypothetical developing country: Commodity exports = $28 million Debt service payments = $1 million…

3) Given the deman and supply schedules ofr semiconductors in a perfectly compet

3) Given the deman and supply schedules ofr semiconductors in a perfectly competivite market: Qd=60-10P+0.5I, Qs=-10+4P-2C Where I=average income of the demanders of this producti…

3) Greece, Ireland, Portugal, and Spain all went through national budget difficu

3) Greece, Ireland, Portugal, and Spain all went through national budget difficulties in recent years. Use the data below to answer questions regarding the sovereign debts of thes…

3) Imagine the following scenario. Gaetano picks olives from his tree and sells

3) Imagine the following scenario. Gaetano picks olives from his tree and sells them to Fred for $5. Fred takes the olives and presses them into olive oil, which he sells to Wong …

3) In the Castorian Airline market there are only two firms. Each firm is decidi

3) In the Castorian Airline market there are only two firms. Each firm is deciding whether to offer a frequent flyer program. The annual profits (in millions of dollars) associate…

3) Linda has determined that studying an hour for her exam will improve her grad

3) Linda has determined that studying an hour for her exam will improve her grade on the exam from 75 to 100. She also determines that this improvement is worth $20. In order to s…

3) Match each definition with term it defines. (9pts) Someone who doesn\'t pay t

3) Match each definition with term it defines. (9pts) Someone who doesn't pay the cost but still gets the benefit from a good or serviceSelect One An investment bank guarantees th…

3) NX and therefore GDP will increase by $45. 4) C will increases by $45 and NX

3) NX and therefore GDP will increase by $45. 4) C will increases by $45 and NX will decrease by $45, so GDP will not be impacted. 5) C will increase by $45 and NX willincrease by…

3) One way of aiding low-income families is to increase the minimum wage. An alt

3) One way of aiding low-income families is to increase the minimum wage. An alternative is to provide a direct grant of nonlabor income. Compare the impact of these 2 options on …

3) Read the following two article from the Novermber 19, 2009 issue of The Econo

3) Read the following two article from the Novermber 19, 2009 issue of The Economist Article 1: "Dealing with America's Fiscal Hole" http://www.economist.com/node/14915152 Article…

3) Regulating the banking system is necessary a) Because the banking system dete

3) Regulating the banking system is necessary a) Because the banking system determines the money supply and money supply affects private investment. b) To make sure that fiscal po…

3) Sean wants to buy a $180,000 house. He has $20,000 in cash to use as a down p

3) Sean wants to buy a $180,000 house. He has $20,000 in cash to use as a down payment. The bank offers to lend Sean the remainder at a 6% annual interest rate. The term of the lo…

3) Splenda specializes in the making S\'mores cakes . The cost of making the S\'

3) Splenda specializes in the making S'mores cakes . The cost of making the S'mores is as mentioned in the table. Recently Splenda has been facing a lot of problems with the oven …

3) Suppose that (X, Y) satisfy the least squares assumptions. A random sample of

3) Suppose that (X, Y) satisfy the least squares assumptions. A random sample of size n-250 is drawn and yields: = 5.4 + 3.2x R2 = 0.26, se = 6.2 (Standard errors in parentheses) …

3) Suppose that people derive utility from two goods - Barbecue (B, measured in

3) Suppose that people derive utility from two goods - Barbecue (B, measured in lbs/week) and all other goods (Y, the composite good). a. Show a typical consumer?s allocation of h…

3) Suppose the federal budget deficit for the year was $100 billion and the econ

3) Suppose the federal budget deficit for the year was $100 billion and the economy was in a recession. If the economy had been at potential GDP, it is estimated that tax revenues…

3) The Cooper Electronics Company has developed the following schedule of potent

3) The Cooper Electronics Company has developed the following schedule of potential investment projects that may be undertaken during the next six months: Project Cost (in Million…

3) The Fed purchases $2 million of T-bonds from Prudent Bank. Explan, using T-ac

3) The Fed purchases $2 million of T-bonds from Prudent Bank. Explan, using T-accounts, what happens to reserves and the monetary base as a result of this transaction b) The reser…

3) The Lubbock Board of City Development has decided to ask the City Council to

3) The Lubbock Board of City Development has decided to ask the City Council to construct a tunnel under the snowcapped mountain range east of downtown Lubbock so that out of town…

3) The Ocean Pacific fleet has just decided to use a pole-and-line method of fis

3) The Ocean Pacific fleet has just decided to use a pole-and-line method of fishing instead of gill netting to catch tuna due to a concern for endangered species that can become …

3) The chapter states that the elderly population in the US is growing more rapi

3) The chapter states that the elderly population in the US is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the num…

3) The t-statistic is calculated by dividing a) the OLS estimator by its standar

3) The t-statistic is calculated by dividing a) the OLS estimator by its standard error b) the slope by the standard deviation of the explanatory variable. c) the estimator minus …

3) To increase income by $120 when the slope of the curve showing the relationsh

3) To increase income by $120 when the slope of the curve showing the relationship between your income and work hours is 8, how many extra hours will you need to work? A) 8 B) 960…

3) Two distinct proposals, A and B, are being debated in Washington. Congress li

3) Two distinct proposals, A and B, are being debated in Washington. Congress likes proposal A, and the president likes proposal B. The proposals are not mutually exclusive; eithe…

3) Unemployment (chapter 15) a. Discuss the economic and non-economic costs of u

3) Unemployment (chapter 15) a. Discuss the economic and non-economic costs of unemployment. i. What is the “labor force”? Does the labor force include the unemployed? What about …

3) Using carefully labelled demand and supply diagrams, show the impacts on equi

3) Using carefully labelled demand and supply diagrams, show the impacts on equilibrium price and quantity in the following situations: (15 points) a) New cars are normal goods. W…

3) Using the GDP Deflator, calculate the following in (B) billions: Consumer Gov

3) Using the GDP Deflator, calculate the following in (B) billions:                   Consumer              Government                Investment                Net Exports 2017:  …

3) We can think of U.S. and Japanese trade policies as a prisoners\' dilemma. Th

3) We can think of U.S. and Japanese trade policies as a prisoners' dilemma. The two countries are considering policies to open or close their import markets. The payoff matrix is…

3) What is the method of least squares minimizing! red distunes from each Sample

3) What is the method of least squares minimizing! red distunes from each Sample data Pai n+ Question'2 35 pointeleion line. Suppose the following function has been estimated: 30-…

3) Which of the following actions would increase the amount of reserves in the b

3) Which of the following actions would increase the amount of reserves in the banking (2pts) system? the Fed buys U.S T-Bills the Fed buys Euros O O the Fed makes discount loans …

3) Whics of the tollening wold ot les tis yeats GU a) the pait you puechaset whe

3) Whics of the tollening wold ot les tis yeats GU a) the pait you puechaset when gaintiog your b) the new car your yareats puechuases and vetoou as s bitay c) a Catewey computex …

3) Work in pair and identify/categorize them into E (Employed), U (Unemployed),

3) Work in pair and identify/categorize them into E (Employed), U (Unemployed), N (Not in Labor Force) Name 1. ChenWorks for the country government managing finances 2. Susanna Ta…

3) You work for Ericsson, once the gfobai leader in cell phones. To your amazeme

3) You work for Ericsson, once the gfobai leader in cell phones. To your amazement, they have come up with a new product that appears to be superior to both Apple and Samsung. You…

3) a) Political democracy requires three key elements to be present in making co

3) a) Political democracy requires three key elements to be present in making collective choices, namely, liberty, participation, and equality. Explain how these three elements ar…

3) of 893 Ford\'s Strategies Rebate No Rebate Rebate $100 -$200 $95 $300 Chevy\'

3) of 893 Ford's Strategies Rebate No Rebate Rebate $100 -$200 $95 $300 Chevy's Strategies $300 $250 Rebate -$120 $250 Ford Motor Co. and General Motors must decide whether or not…

3). The table below uses data for the year 2003 provided by the Bureau of Labor

3). The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the bla…

3)Based On The following Table a. The profit-maximizing output is ______ units.

3)Based On The following Table a. The profit-maximizing output is ______ units. b. In the long run, the market price will (Remain Unchaged , rise , or Decline)remain unchangedrise…

3, A demand equation for rice is Quantity = 100-10(Price) + 5(Income). Show your

3, A demand equation for rice is Quantity = 100-10(Price) + 5(Income). Show your calculations in responding to these questions. a) What is the quantity when P= 10 and Income = 20?…

3, The table shows the distribution of money income in canada. complete the colu

3, The table shows the distribution of money income in canada. complete the colums of the table that records the cumulative percentages of households and income in canada. ( answe…

3,000 ,600 Cost, S/year Benefits, S/year 20,000 29,000 30,000 35,000 30,000 35,0

3,000 ,600 Cost, S/year Benefits, S/year 20,000 29,000 30,000 35,000 30,000 35,000 Disbenefits, $/year 500 1,500 1,000 0 5,000 1,000 Multiple Alternatives 9.40 A group of engineer…

3,000 2,500 300 500 200 4,000 3,250 300 500 200 5,000 4,000 300 500 200 6,000 4,

3,000 2,500 300 500 200 4,000 3,250 300 500 200 5,000 4,000 300 500 200 6,000 4,750 300 500 200 7,000 5,500 300 500 200 8,000 6,250 300 500 200 A) What is the marginal propensity …

3,000 pts -- Any explanations would be great! Don\'t worry too much about drawin

3,000 pts -- Any explanations would be great! Don't worry too much about drawing graphs if that will take a lot of effort, but if you could explain whether the graphs will shift (…

3,2 Consider the extensive form game above, where Player 1 has 4 possible action

3,2 Consider the extensive form game above, where Player 1 has 4 possible actions: u,d, t, s, and Player 2 has 4 possible actions: A, B, C, D. The strategy profile(ds, Bc)l a payo…

3,5,G SUBMIT 7. The efficioney wage lrypothesis enggests that Muhlple chaice que

3,5,G SUBMIT 7. The efficioney wage lrypothesis enggests that Muhlple chaice questices Dacesion goestiens and Challenge qorstions wage rata is where tho demand for labour equals t…

3,5,G SUBMIT 7. The efficioney wage lrypothesis enggests that Muhlple chaice que

3,5,G SUBMIT 7. The efficioney wage lrypothesis enggests that Muhlple chaice questices Dacesion goestiens and Challenge qorstions wage rata is where tho demand for labour equals t…

3- An example in which a firm combines products, such as a six pack of soda, is

3- An example in which a firm combines products, such as a six pack of soda, is called: Select one: a. none of the answers b. block pricing c. commodity bundling d. peak-load pric…

3- An inverse relationship exists when: Question 3 options: a- there is no assoc

3- An inverse relationship exists when: Question 3 options: a- there is no association between two variables. b- one variable increases and there is no change in the other variabl…

3- If instead of specialized doctors (neurologists, cardiologists, gastroenterol

3- If instead of specialized doctors (neurologists, cardiologists, gastroenterologists, etc.) we had doctors who each knew the same things about all aspects of medicine, it would …