Economics
58545 questions • Page 298 / 1171
A. One roommate says that he buys stock only in companies that everyone believes
A. One roommate says that he buys stock only in companies that everyone believes will experience big increases in profits in the future. How do you suppose the price-earnings rati…
A. PRODUCTION COSTS Assume your business sells its products in a Perfectly Compe
A.PRODUCTION COSTS Assume your business sells its products in a Perfectly Competitive Market. Let’s say that fixed costs (FC) are $50. Q Labor Q Output FC VC TC MC AFC AVC ATC 0 0…
A. Planning/ a business/ the short run/ the production fuction B. Economi profit
A. Planning/ a business/ the short run/ the production fuction B. Economi profits/costs/marginal products C. Very short run/ short run/ very long run/ long run Short run/ long run…
A. Point B\' is your neighbor’s production before trade. B. Point B\' is your ne
A. Point B' is your neighbor’s production before trade. B. Point B' is your neighbor’s consumption before trade. C. Point B' is your neighbor’s production after trade. D. Point B'…
A. Positive-sum game B. Zero-sum game C. Opportunistic behavior D. Rules to play
A. Positive-sum game B. Zero-sum game C. Opportunistic behavior D. Rules to play games E. Negative-sum game Match each of the following to a choice 1. Strategies SelectA. Posit…
A. Providing unemployment insurance B. Establishing government regulations on fi
A. Providing unemployment insurance B. Establishing government regulations on firing employees C. Taxing employers who hire low-skilled workers D. Providing job-training programs …
A. Reference: Ref 11-14 Reference: Ref 11-14 (Table: Aggregate Spending) Suppose
A. Reference: Ref 11-14 Reference: Ref 11-14 (Table: Aggregate Spending) Suppose the economy has no government spending and no foreign trade. With no taxes and transfers, real GDP…
A. Reference: Ref 11-2 B. Reference: Ref 11-2 (Table: Individual and Aggregate C
A. Reference: Ref 11-2 B. Reference: Ref 11-2 (Table: Individual and Aggregate Consumption Functions) Which of the following represents Fred's individual consumption function? C =…
A. Reference: Ref 12-4 B. Figure: Aggregate Supply Movements Reference: Ref 12-4
A. Reference: Ref 12-4 B. Figure: Aggregate Supply Movements Reference: Ref 12-4 (Figure: Aggregate Supply Movements) Refer to the accompanying figure called Aggregate Supply Move…
A. Reference: Ref 13-12 B. Scenario: Fiscal Policy Consider the economy of Arcad
A. Reference: Ref 13-12 B. Scenario: Fiscal Policy Consider the economy of Arcadia. The households of Arcadia spend 75% of their income. There are no taxes and no foreign trade. T…
A. Snoopy mentions that cookies are 49 cents referring to the price of cookies b
A. Snoopy mentions that cookies are 49 cents referring to the price of cookies back in August of 1972. Using the CPI data below, calculate what the real price of cookies, in terms…
A. Sometimes in order to stimulate more consumer spending, the federal governmen
A. Sometimes in order to stimulate more consumer spending, the federal government will compel banks to relax lending standards for a time to entice more people and more business o…
A. Supply is more elastic in the short run than in the long run. B. Demand is mo
A. Supply is more elastic in the short run than in the long run. B. Demand is more elastic in the short run than in the long run C. Demand is more elastic when a large number of s…
A. Supply is more elastic in the short run than in the long run. B. Demand is mo
A. Supply is more elastic in the short run than in the long run. B. Demand is more elastic in the short run than in the long run C. Demand is more elastic when a large number of s…
A. Suppose that in a year when GDP is rising rapidly you also observe the govern
A. Suppose that in a year when GDP is rising rapidly you also observe the government budget balance increasing. How can you explain this correlation? B. Now suppose instead that i…
A. Suppose that the city of Cool currently levies a property tax for public safe
A. Suppose that the city of Cool currently levies a property tax for public safety at a rate of one percent of taxable value on a base of $10 million of taxable property. If the p…
A. Suppose the demand function for cable TV service is given by Q CTV = 15 - 0.2
A. Suppose the demand function for cable TV service is given by QCTV = 15 - 0.25xPCTV + 0.0005xM + 0.3xPSTV, QCTV is the quantity of cable TV demanded (thousands of households), P…
A. Suppose the total demand for wheat and the total supply of wheat per month in
A. Suppose the total demand for wheat and the total supply of wheat per month in the Kansas City grain market are as shown in the table below. Suppose that the government establis…
A. Suppose you are the owner of a soft drink bottle manufacturing firm. You just
A. Suppose you are the owner of a soft drink bottle manufacturing firm. You just opened your business and it turned out that the cost of producing the first bottle was substantial…
A. The federal government ran a budget surplus in the late 1990 and in the year
A. The federal government ran a budget surplus in the late 1990 and in the year 2000, but has since returned to running a budget deficit. 1. Explain why reducing the budget defici…
A. The following table shows data on the amount of total output produced from va
A. The following table shows data on the amount of total output produced from various combinations of labor and capital. 1 Based on the values of this table answer the following q…
A. The law of demand says that when the price of something goes down people buy
A. The law of demand says that when the price of something goes down people buy less of it (and vice versa), all other things being equal. Such a change is referred to as an incre…
A. The marginal product falls as more units of a variable factorare added to a f
A. The marginal product falls as more units of a variable factorare added to a fixed factor. B. Marginal utility falls as more units of a product areconsumed. C. The total product…
A. The number of jobs created, rather than the unemployment rate, gives a more t
A. The number of jobs created, rather than the unemployment rate, gives a more timely indication of the state of the economy. Explain what thinking must lie behind this claim. B. …
A. The price elasticity of toy cars that you sell is-4.00; you currently charge
A. The price elasticity of toy cars that you sell is-4.00; you currently charge a price of S5.00 and marginal cost of toy cars is $3.00 Q1. Calculate the marginal revenue from the…
A. To maximize profits, Maria should sell ____ Loaves of ciabatta bread per hour
A. To maximize profits, Maria should sell ____ Loaves of ciabatta bread per hour. Maria should charge a price of $ _____ Maria’s maximum profit is $ ________ B. The marginal reven…
A. Today you make an investment of $500 with a nominal interest rate of 6% compo
A. Today you make an investment of $500 with a nominal interest rate of 6% compounded annually. You expect the rate of inflation to be 2% each year over the next three years. What…
A. True, False, Uncertain and Explain: determine whether the statement is true,
A. True, False, Uncertain and Explain: determine whether the statement is true, false or uncertain and explain your reasoning – you only earn points for your explanation. 1. If pr…
A. True/False Explain. Indicate whether each of the following statements is true
A. True/False Explain. Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutio…
A. True/False Explain. Indicate whether each of the following statements is true
A. True/False Explain. Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutio…
A. True/False Explain. Indicate whether each of the following statements is true
A. True/False Explain. Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutio…
A. True/False Explain. Indicate whether each of the following statements is true
A. True/False Explain. Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutio…
A. True/False Explain. Indicate whether each of the following statements is true
A. True/False Explain. Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutio…
A. Vital Shock B. Demand Shock C. Interest Shock D. Supply Shock 5. An event tha
A. Vital Shock B. Demand Shock C. Interest Shock D. Supply Shock 5. An event that shifts the short-run aggregate supply curve is a 6. Which of the following is a MACRO ECONOMIC Qu…
A. What are the 2 markets where stocks can be purchased? Do you want to buy shar
A. What are the 2 markets where stocks can be purchased? Do you want to buy shares that have never been owned by someone else, or do you want to buy already outstanding shares? Wh…
A. What are the supply schedule and the supply curve and how are they related? I
A. What are the supply schedule and the supply curve and how are they related? In our last class, we explained two reasons why the supply curve slopes positively. One is the law…
A. What is Say’s Law? How may it fail to hold in a monetary economy? B. Explain
A. What is Say’s Law? How may it fail to hold in a monetary economy? B. Explain how deficit spending may increase national output in a setting of flagging private investment. How …
A. What makes a contract different from an agreement? 1. contact is legally bind
A. What makes a contract different from an agreement? 1. contact is legally binding 2. both parties must agree on a contract 3. only agreements are written donw 4. there is no dif…
A. Which of the following statements best reflects the focus of economic researc
A. Which of the following statements best reflects the focus of economic research? Economics is the study of the cost of health service delivery B. Which of the following assumpti…
A. Which of the following statements is (are) correct? More than one answer is p
A. Which of the following statements is (are) correct? More than one answer is possible. Futures contracts are marked to market daily. Forward contracts are default free. Goods ra…
A. Which one of the following is true ? DeBeers is a good example of monopolisti
A. Which one of the following is true? DeBeers is a good example of monopolistic competition. The corn industry is a good example of a monopoly. Beer is a good example of perfect …
A. Why the total per/hour always increase time to time B. Why the Marginal or la
A. Why the total per/hour always increase time to time B. Why the Marginal or labor decreasing time to time C. Why the value added unchanged D. Why the marginal revenue product de…
A. You are considering opening a bagel restaurant aimed primarily at the breakfa
A. You are considering opening a bagel restaurant aimed primarily at the breakfast trade. You will sell bagels, coffee, and a pastry in relatively fixed proportions to one another…
A. You are insuring a dwelling with a replacement value of $180,000. It\'s prese
A. You are insuring a dwelling with a replacement value of $180,000. It's presently insuredfor$145,800. The policy contains a 90% coinsurance clause. Recent wind-storm damage tota…
A. [25 points] Suppose the market for cigarettes is characterized by the followi
A. [25 points] Suppose the market for cigarettes is characterized by the following information: Qd=70–5P [Demand] Qs=3P–10 [Supply] [Note: P = price per unit; Qd = thousands of un…
A. [25 points] Suppose the market for semiconductors in the U.S. is characterize
A. [25 points] Suppose the market for semiconductors in the U.S. is characterized by: D = 200 – 40P [Demand] S = 40 + 40P [Supply] The market for semiconductors in the rest of the…
A. a lower price B. the same price C. a higher price D. the market price A. seek
A. a lower price B. the same price C. a higher price D. the market price A. seeks an effective use of resources B. is aimed at keeping prices as low as possible C. helps firm maxi…
A. an increase in imports. B. a random increase in demand. C. a decrease in expo
A. an increase in imports. B. a random increase in demand. C. a decrease in exports. D. a change in technology. E. the implementation of laws to protect private property. B. Taxes…
A. an increase in technology that affects the production of both aircraft carrie
A. an increase in technology that affects the production of both aircraft carriers and automobiles B.technological change that affects only the aircraft carrier industry C.unemplo…
A. cassava are substitutes in production. Using appropriate demand and supply cu
A. cassava are substitutes in production. Using appropriate demand and supply curves Suppose that tea is a normal good, tea and lemons are complements in consumption, and tea and …
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Economics
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