Economics

5-2 (21-24) Question 21. 21. Which type of money has intrinsic value? (Points :

5-2 (21-24) Question 21. 21. Which type of money has intrinsic value? (Points : 5) commodity money fiat money both commodity money and fiat money neither commodity money nor fiat …

5-2 (29-32) Question 29. 29. A bank’s reserve ratio is 10 percent and the bank h

5-2 (29-32) Question 29. 29. A bank’s reserve ratio is 10 percent and the bank has $2,000 in deposits. Its reserves amount to (Points : 5) $20. $200. $400. $1,800. Question 30. 30…

5-2 (33-36) Question 33. 33. Which of the following defer payments? (Points : 5)

5-2 (33-36) Question 33. 33. Which of the following defer payments? (Points : 5) credit cards and debit cards neither credit cards nor debit cards credit cards but not debit cards…

5-2 (37-41) Question 37. 37. The Federal Reserve (Points : 5) is responsible for

5-2 (37-41) Question 37. 37. The Federal Reserve (Points : 5) is responsible for conducting the nation’s monetary policy, and it plays a role in regulating banks. is responsible f…

5-2 (41-44) Question 41. 41. Money (Points : 5) is a perfect store of value. is

5-2 (41-44) Question 41. 41. Money (Points : 5) is a perfect store of value. is the most liquid asset. has intrinsic value, regardless of which form it takes. All of the above are…

5-2 (45-47) Question 45. 45. If the Federal Reserve increases the interest rate

5-2 (45-47) Question 45. 45. If the Federal Reserve increases the interest rate on bank deposits at the Fed, banks will want to hold (Points : 5) fewer reserves, so the reserve ra…

5-2 (48-50) Question 48. 48. If the discount rate is raised then banks borrow (P

5-2 (48-50) Question 48. 48. If the discount rate is raised then banks borrow (Points : 5) more from the Fed so reserves increase. more from the Fed so reserves decrease. less fro…

5-2 (5-8) Question 5. 5. Suppose the banking system currently has $300 billion i

5-2 (5-8) Question 5. 5. Suppose the banking system currently has $300 billion in reserves; the reserve requirement is 10 percent; and excess reserves amount to $3 billion. What i…

5-2 (9-12) Question 9. 9. If the reserve ratio is 20 percent, the money multipli

5-2 (9-12) Question 9. 9. If the reserve ratio is 20 percent, the money multiplier is (Points : 5) 2. 4. 5. 8. Question 10. 10. The interest rate the Fed charges on loans it makes…

5-2 Question 4. 4. Which of the following does the U.S. president appoint and th

5-2 Question 4. 4. Which of the following does the U.S. president appoint and the U.S. Senate confirm? (Points : 5) members of the Board of Governors and regional Federal Reserve …

5-2 Question 9. 9. If the reserve ratio is 20 percent, the money multiplier is (

5-2 Question 9. 9. If the reserve ratio is 20 percent, the money multiplier is (Points : 5) 2. 4. 5. 8. Question 10. 10. The interest rate the Fed charges on loans it makes to ban…

5-20 Luis is responsible for buying some specialized manufacturing equipment tha

5-20 Luis is responsible for buying some specialized manufacturing equipment that has a purchase price of $10,000 and annual operating costs of $1000. The vendor is offering a spe…

5-55% of the population are low-productivity workers and 45% of the population a

5-55% of the population are low-productivity workers and 45% of the population are high-productivity he present value of lifetime productivity for low-productivity workers is $175…

5-6.3. A 1964 Study of the broiler chicken processing industry showed that \"pro

5-6.3. A 1964 Study of the broiler chicken processing industry showed that "processing costs decreased continually with output size, but was small." Researchers concluded from the…

5-STAR INC. purchased $120K of factory production equipment. It was depreciated

5-STAR INC. purchased $120K of factory production equipment. It was depreciated utilizing the SOYD depreciation method, a 5-year life, and no salvage value. 5-STAR INC. is profita…

5-The short-term aggregate supply curve _____________ a-It has a positive slope.

5-The short-term aggregate supply curve _____________ a-It has a positive slope. b-It has a negative slope. c-It is horizontal. 6-Today 1 euro can be purchased at $ 1.10. This is …

5. (10 points) Aroad building contractor has received a major highway constructi

5. (10 points) Aroad building contractor has received a major highway construction contract that will require 60,000 m of crushed stone each year for 6 years. The stone can be obt…

5. (10 points) Assume you will get $1000 one year from now. How much would you t

5. (10 points) Assume you will get $1000 one year from now. How much would you take today, instead, if the interest is 6%? 6. (10 points) Two banks offer different interest rates …

5. (10 points) Dybvig Incorporation stock has a beta of 1.13 and an expected ret

5. (10 points) Dybvig Incorporation stock has a beta of 1.13 and an expected return of 12.1 percent. A risk-free asset currently earns 5 percent. a. What is the expected return on…

5. (12 points) Suppose a firm’s production function is given by q = 10 Ew + Eb w

5. (12 points) Suppose a firm’s production function is given by q = 10 Ew + Eb where Ew represents the number of white employee-hours and Eb represents the number of black employe…

5. (15 points) Suppose the total cost for a given firm is characterized by the f

5. (15 points) Suppose the total cost for a given firm is characterized by the following cquation: TC q +10 (marginal cost is given by MC8+ 4). T'he firm operates on a perfectly c…

5. (15 points) Suppose the total cost for a given firm is characterized by the f

5. (15 points) Suppose the total cost for a given firm is characterized by the following equation: TC = 492 + 49 + 10 (marginal cost is given by MC = 89 +4). The firm operates on …

5. (20 Point) Consider the following graph of the market for computers. Price Do

5. (20 Point) Consider the following graph of the market for computers. Price Domestic Supply 14 6 · ....4.--.... Price- World+Tariff ! Demand Quantity 10 40 60 80 100 Refer to th…

5. (25 points) The following table provides quarterly sales data of frozen pie b

5. (25 points) The following table provides quarterly sales data of frozen pie by Edward’s Pie Company for the period 2004-2015 Unit Sales (Q) Price ($) Advertising Expenditures (…

5. (3 marks) Have a look at the following article, https://www.theguardian.com/b

5. (3 marks) Have a look at the following article, https://www.theguardian.com/business/grogonomics/2018/mar/08/australia-isnt in-recession-but-we-might-as-well-be Supposing the A…

5. (40 points, 10 points each) Suppose that a man an whether to go to a concert

5. (40 points, 10 points each) Suppose that a man an whether to go to a concert or a movie. The man pre the woman prefers the movie. What is more important to them, however, is th…

5. (6 pts). Boron Industries is a monopolist that owns two mines. Mine B is smal

5. (6 pts). Boron Industries is a monopolist that owns two mines. Mine B is smaller and has less capacity, thus its marginal costs rise more steeply than Mine A’s. Mine A has TCa …

5. (8 points) Currently Sam and Carla have the only taxi services in a small tow

5. (8 points) Currently Sam and Carla have the only taxi services in a small town. Both Sam and Carla are thinking about discounting their respective fares by 20% to attract more …

5. (8 pts. - parts A and B) For each of the parts below, determine whether or no

5. (8 pts. - parts A and B) For each of the parts below, determine whether or not the person would be considered unemployed based on the published unemployment rate. On the line a…

5. (Based on Chapter 3)In a certain country, the production fiunction is The fra

5. (Based on Chapter 3)In a certain country, the production fiunction is The fraction of output invested, s, is 0.25. The depreciation rate 0.03 and population growth is n = 0.02.…

5. (Economic Fluctuations) Why doesn’t the National Bureau of Economic Research

5. (Economic Fluctuations) Why doesn’t the National Bureau of Economic Research identify the turning points in economic activity until months after they occur? 15. (Aggregate Dema…

5. (New Cashflow) How much money could you spend on yearly maintenance of a car

5. (New Cashflow) How much money could you spend on yearly maintenance of a car if you deposited $6000 now at 5% and bought the car two years from now for $5000? You expect to hav…

5. (Points: 2) Marginal revenue is equal to price for a competitive firmbecause

5. (Points: 2) Marginal revenue is equal to price for a competitive firmbecause a. Total revenue increases by less thanthe price of the good when an additional unit is sold b. Fir…

5. (Similar to class activity 1 on 11/7): Consider the following information for

5. (Similar to class activity 1 on 11/7): Consider the following information for a firm that is currently producing 500,000 gadgets: Workers Wage per worker Cost of Raw Materials …

5. (TCO 7) A bank temporarily short of required reserves may be able to remedy t

5. (TCO 7) A bank temporarily short of required reserves may be able to remedy this situation by (Points : 1) borrowing funds in the federal funds market. granting new loans. shif…

5. (a) The per capita demand for a good is estimated to be In(p-1.8-1.1ln(g)+0.7

5. (a) The per capita demand for a good is estimated to be In(p-1.8-1.1ln(g)+0.7ln(Y) (q: per capita consumption, Y: median income). Find the total amount of consumption in a city…

5. (a) What are the five levels, or stages, of economic integration? What are so

5. (a) What are the five levels, or stages, of economic integration? What are some of the benefits and costs of moving from each stage to the next. (10 marks) (b) Country A is a s…

5. (i) A competitive firm’s total cost function is given by TC = .25Q2 + 25 (wit

5. (i) A competitive firm’s total cost function is given by TC = .25Q2 + 25 (with MC = .5Q). The firm faces a market price of $15. Algebraically calculate the profit maximizing ou…

5. 10 points in total; 2.5 points for each Land\'o Toys is a profitable, medium

5. 10 points in total; 2.5 points for each Land'o Toys is a profitable, medium sized, retail company. Several years ago, it issued a 5% percent coupon bond, which pays interest se…

5. 12 marks] A CBA analyst summarized the efficiency net benefits from a farming

5. 12 marks] A CBA analyst summarized the efficiency net benefits from a farming project at 10% discount. The analyst is informed that the investor, the Federal Government and the…

5. 21 points For each of the following transactions, determine the contribution

5. 21 points For each of the following transactions, determine the contribution to the current year's GDP. Explain the effects on the product, income, and expenditure accounts. (a…

5. A Monetarist’s belief in the role of government in a free society is essentia

5. A Monetarist’s belief in the role of government in a free society is essentially: That government is needed to do things that the market can’t do, or cannot do efficiently. Tha…

5. A common example of monopolistic competition is the market for: Select one: a

5. A common example of monopolistic competition is the market for: Select one: a. gasoline for cars. b. cable TV service. c. mandarin oranges. d. automobiles. 6. Table: Spring Wat…

5. A company is considering two types ot lo associated costs are showt oil heate

5. A company is considering two types ot lo associated costs are showt oil heaters ea cost for water heaters. The annual cost of operation for the oil heaters heaters equals 365x1…

5. A competitive industry currently has 1000 identical firms. Each firm has cost

5. A competitive industry currently has 1000 identical firms. Each firm has costs TC(q) = 8 4q + ½q2 and MC-q + 4, minimum AC-8, and is reached when the firm produces q 4. Please …

5. A competitive industry currently has 1000 identical firms. Each firm has cost

5. A competitive industry currently has 1000 identical firms. Each firm has costs TC(q) = 8 + 4q + q2 and MC-q + 4, minimum AC-8, and is reached when the firm produces q 4. Please…

5. A competitive industry currently has 1000 identical firms. Each firm has cost

5. A competitive industry currently has 1000 identical firms. Each firm has costs TC(q) = 8 + 4q + q2 and MC-q + 4, minimum AC-8, and is reached when the firm produces q-4. Please…

5. A competitive industry has the following demand curve: P = 220-a, where a is

5. A competitive industry has the following demand curve: P = 220-a, where a is the total output produced. All the firms in this industry face the same cost curve: C(q) = 20 + 16q…

5. A distinctive tobacco shop in Chicago has been selling 5,000 pounds of pipe t

5. A distinctive tobacco shop in Chicago has been selling 5,000 pounds of pipe tobacco per year. Due to competition, the average price of a pipe has recently declined from S15 to …

5. A firm is more likely to engage in horizontal foreign direct investment if A)

5. A firm is more likely to engage in horizontal foreign direct investment if A) trade costs are low and firms experience constant returns to scale in production B) trade costs ar…