Economics

9) The following data destuliuu $100 $200 $300 $400 $ 500 S 600 Money supply (in

9) The following data destuliuu $100 $200 $300 $400 $ 500 S 600 Money supply (in billions) 8.0 75 7.0 6.56.0 5.5 $12 $ 14 S 15 S 16 $16.5 S16.5 Interest rate Rate of investment (i…

9) The following data show nominal GDP and the appropriate price index for four

9) The following data show nominal GDP and the appropriate price index for four years. Compute real GDP for each year. All GDP are in billions. Year Nominal GDP Price index Real G…

9) When a firm increases its employment from four to five workers, with no other

9) When a firm increases its employment from four to five workers, with no other change, its total output rises from 1,000 to 1,500. For this change in employment, the marginal pr…

9) When foreign securities become more attractive to U.S. investors, there is an

9) When foreign securities become more attractive to U.S. investors, there is an outflow of dollars from the United States and the dollar appreciates. there is an outflow of dolla…

9) tr the price ce the pnduct increases, ceteris the pridit maximizingTirm will

9) tr the price ce the pnduct increases, ceteris the pridit maximizingTirm will use of 9 the vanable input and produceof output A) moee: less t1) more; more C) less; less D) the s…

9) when the federal government runs a delicit and 9) The ideral government debt

9) when the federal government runs a delicit and 9) The ideral government debt when the federal government rans a surplus D) increases; increases b) gold, silver, and paper money…

9* Consider a coffee-drinking consumer who requires teaspoon of sugar (S) and 2

9* Consider a coffee-drinking consumer who requires teaspoon of sugar (S) and 2 teaspoons of cream (C) in every cup. So C/S 2/1 (i.e. so C 2S). This consumer's utility function fo…

9*.[4 points] Let Sdenotes the nominal exchange rate between the U.S. dollar and

9*.[4 points] Let Sdenotes the nominal exchange rate between the U.S. dollar and Japanese yen. Show that an increase in the Japan's real exchange rate, S"real^(say over one year t…

9, If the p-value is less than in a two-tailed test, the null hypothesis should

9, If the p-value is less than in a two-tailed test, the null hypothesis should not be rejected. a. b. the null hypothesis should be rejected. c. a one-tailed test should be used.…

9,200 6.4 percent coupon bonds outstanding, with 23 years to maturity and a quot

9,200 6.4 percent coupon bonds outstanding, with 23 years to maturity and a quoted price of 104.5. These bonds pay interest semiannually. 235,000 shares of common stock selling fo…

9- Prod X Premier Membership u if a firm\'s use of labor c if a firm\'s use of l

9- Prod X Premier Membership u if a firm's use of labor c if a firm's use of labor c tructure.com/courses/1138695/quizzes/1913851/take sor Question 8 0.83 pt Consider the pizzeria…

9- The marginal propensity to consume is: Question 9 options: a- the change in d

9- The marginal propensity to consume is: Question 9 options: a- the change in disposable income divided by the change in consumption. b- consumption spending divided by disposabl…

9- Which of the following pairs is the best example of substitutes? Question 20

9- Which of the following pairs is the best example of substitutes? Question 20 options: a- Coffee and cream. b- Honey and biscuits. c- Tortillas and salsa. d- Hiking boots and at…

9-13: In the early 1980\'s, planners were examining alternate sites for a new Lo

9-13: In the early 1980's, planners were examining alternate sites for a new London airport.The economic analysis included the value of structures that would need to be removed fr…

9-41 A do-nothing and two mutually exclusive alterna- tives are being considered

9-41 A do-nothing and two mutually exclusive alterna- tives are being considered for reducing traffic con gestion. User benefits come from reduced congestion once the project is c…

9-45 A car dealer leases a small computer with software for $5000 per year. As a

9-45 A car dealer leases a small computer with software for $5000 per year. As an alternative be could buy the computer for $7000and lease the software for $3500 per year. Any tim…

9-72: A motor with a 200-horsepower output is needed in the factory for intermit

9-72: A motor with a 200-horsepower output is needed in the factory for intermittent use. A Graybar motor costs $7000 and has an electrical efficiency of 89%. A Blueball motor cos…

9-As production of a good increases, opportunity costs rise because: Question 9

9-As production of a good increases, opportunity costs rise because: Question 9 options: a- there will be more inefficiency. b- people always prefer having more goods. c- of infla…

9-Suppose that the U.S. net foreign debt is 25 percent of U.S. GDP and that fore

9-Suppose that the U.S. net foreign debt is 25 percent of U.S. GDP and that foreign as- ?sets and liabilities alike pay an interest rate of 5 percent per year. What would be the d…

9. (20 points) Non-Renewable Energy and Environmental Pollution. The Trump admin

9. (20 points) Non-Renewable Energy and Environmental Pollution. The Trump administration is determined to eliminate the Clean Power Plan, a set of environmental regulations desig…

9. (8 points) ) Consider the following payoff matrix indicating payoffs from two

9. (8 points) ) Consider the following payoff matrix indicating payoffs from two countries (Japan and China) negotiating over reducing carbon emissions. Each has two strategies av…

9. (Figure 9.6) What happens to the profit-maximizing price and quantity followi

9. (Figure 9.6) What happens to the profit-maximizing price and quantity following the change in the demand curve from Di to D2? Price (S) 10- 4 MC MR 0 1 2 3 4 5 6 7 8 9 10 Quant…

9. (Points: 2) In a closed economy, if national income (GDP) is $11trillion,priv

9. (Points: 2) In a closed economy, if national income (GDP) is $11trillion,private savings is $2trillion, investment is $1.5trillion and taxesamount to $1trillion, then governmen…

9. 1-800-Got Junk? is a junk removal franchise busi- ness headquartered in Vanco

9. 1-800-Got Junk? is a junk removal franchise busi- ness headquartered in Vancouver, British Columbia, Canada. In late 2003, Got Junk entered a franchise agreement with Millenium…

9. A dam is under consideration. The initial investment, based on dam height, is

9. A dam is under consideration. The initial investment, based on dam height, is shown below. Also shown are estimated benefits in the form of annual savings from reduced flood da…

9. A drug store is looking into the possibility of installing a 24/7- automated

9. A drug store is looking into the possibility of installing a 24/7- automated prescription refill system to increase its projected revenues by $20,000 per year over the next fiv…

9. A firm sells rice in a perfectly competitive market. If the equilibrium price

9. A firm sells rice in a perfectly competitive market. If the equilibrium price is $3 per bushel, how much rice will the firm sell? Answer the question using the table below. Qua…

9. A flexible or floating exchange rate system is one in which the: A) governmen

9. A flexible or floating exchange rate system is one in which the: A) government closely monitors and controls the value due to trade flows. B) government makes no attempt to fix…

9. A model without any simplifying assumptions: a. is highly complex and likely

9. A model without any simplifying assumptions: a. is highly complex and likely unworkable. b. excludes important predictive variables. c. is very helpful for solving tough, real-…

9. A new faculty member at the local university pays $1500 per month to rent an

9. A new faculty member at the local university pays $1500 per month to rent an apartment in the downtown area. She teaches on campus 3 days a week and works from home the remaini…

9. A perfectly competitive firm will produce in the short run aslong as A)the fi

9. A perfectly competitive firm will produce in the short run aslong as A)the firm receives a price greater than average total cost B)the cost of producing is less than the cost o…

9. A person will choose not to participate in the labor force when: (a) the inco

9. A person will choose not to participate in the labor force when: (a) the income effect is greater than the substitution effect. (b) the substitution effect is greater than the …

9. A profit -maximizing monopolist: a. reduces output in order to raise price. b

9. A profit -maximizing monopolist: a. reduces output in order to raise price. b. chooses the output level at which profits are equal to zero. c. always charges a price lower than…

9. According to the Coase theorem, when negative externalities are present, a ma

9. According to the Coase theorem, when negative externalities are present, a market will: a. reach an efficient solution only if the negative externalities are offset by positive…

9. According to the USDA, the 40-year trend in the percentage of per capita disp

9. According to the USDA, the 40-year trend in the percentage of per capita disposal income spent on food in the U.S has been for food prepared and consumed at home and for food c…

9. Alternative price indexes Because there isn\'t one single measure of inflatio

9. Alternative price indexes Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how p…

9. An indifference curve is best described as a curve that shows : a) The consum

9. An indifference curve is best described as a curve that shows: a) The consumption bundles that a consumer does not like b) The bundles of goods that a consumer has c) The bundl…

9. An unexpected decrease in the price level, which results in a temporary incre

9. An unexpected decrease in the price level, which results in a temporary increase in the real wage, can a. result in an actual unemployment rate that is temporarily less than th…

9. Antitrust laws Cooperation among oligopolies runs counter to the public inter

9. Antitrust laws Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an effort to bring resource allocation …

9. Application: Demand elasticity and agriculture Consider the market for wheat.

9. Application: Demand elasticity and agriculture Consider the market for wheat. The folfowing graph shows the weekiy demand for wheat and the weekty supply of wheat. Suppose a bl…

9. Application: Elasticity and hotel rooms The following graph input tool shows

9. Application: Elasticity and hotel rooms The following graph input tool shows the daily demand for hotel rooms at the Big Winner Hotel and Casino in Las Vegas, Nevada. To help t…

9. Application: Elasticity and hotel rooms The following graph input tool shows

9. Application: Elasticity and hotel rooms The following graph input tool shows the daily demand for hotel rooms at the Triple Sevens Hotel and Casino in Las Vegas, Nevada. To hel…

9. Application: Elasticity and hotel rooms The following graph input tool shows

9. Application: Elasticity and hotel rooms The following graph input tool shows the daily demand for hotel rooms at the Triple Sevens Hotel and Casino in Las Vegas, Nevada. To hel…

9. Are the following statements true or false? Explain your answers, a. A 10 per

9. Are the following statements true or false? Explain your answers, a. A 10 percent reduction in price that leads to a 5 percent increase in the amountpurchased indicates aprice …

9. Assume D1 reflects private benefits from consumption and assume S1 reflects p

9. Assume D1 reflects private benefits from consumption and assume S1 reflects private costs of production. If we begin with demand curve D1 and supply curve S1 in the figure abov…

9. At the point where the disposable income line intersects the consumption func

9. At the point where the disposable income line intersects the consumption function, saving: A. equals consumption. B. equals disposable income. C. is less than zero. D. is equal…

9. Balance of payments The following tables show a hypothetical balance of payme

9. Balance of payments The following tables show a hypothetical balance of payments statement for the United States. (Note: All values are in billions of dollars.) Complete the ta…

9. Bank leverage Use the information presented in Midwestern Mutual Bank\'s bala

9. Bank leverage Use the information presented in Midwestern Mutual Bank's balance sheet to answer the following questions Bank's Balance Sheet Assets Liabilities and Owners' Equi…

9. Based on the information given, indicate whether the following industry is be

9. Based on the information given, indicate whether the following industry is best characterized by the model of perfect competition, monopoly, monopolistic competition, or oligop…

9. Behavioral economics Indicate whether each of the following examples of behav

9. Behavioral economics Indicate whether each of the following examples of behavior is consistent with the way traditional economic framework suggests people should act, or if it …