Economics

1. Assume that the equilibrium in the money market may be described as M/P = 0.5

1. Assume that the equilibrium in the money market may be described as M/P = 0.5Y - 100r, and M/P equals 800. a. Write the LM curve two ways, expressing Y as a function of r and r…

1. Assume that the insurer can NOT distinguish between the two types of consumer

1. Assume that the insurer can NOT distinguish between the two types of consumers, and can offer only one policy (the same policy to everyone). What will be the breakeven policy p…

1. Assume that the investment depends negatively on the real interest rate. That

1. Assume that the investment depends negatively on the real interest rate. That is 1 = 1"(m) Write down the system of equations (in the short run) where (RH, EHIF,YH) are the end…

1. Assume that the market demand is given by P(Q) = 100 - Q, and that the cost f

1. Assume that the market demand is given by P(Q) = 100 - Q, and that the cost functions of the two firms in the industry are: Ci(qi) = $20 qi, i = 1,2. 1.1 Calculate the output o…

1. Assume that the quarterly demand and supply functions for personal computers

1. Assume that the quarterly demand and supply functions for personal computers are QD = 340 - 6P QS = 100 + 2P (1) What is the equilibrium price for personal computers? (2) What …

1. Assume that the short run cost and demand data given in the table below confr

1. Assume that the short run cost and demand data given in the table below confront a monopolistic competitor selling a given product and engaged in a given amount of product prom…

1. Assume that the state of Missouri decided to place a tariff on every product

1. Assume that the state of Missouri decided to place a tariff on every product produced outside the state in an effort to increase the state's revenue and increase employment in …

1. Assume that there are two factors influencing the past default behaviour of b

1. Assume that there are two factors influencing the past default behaviour of borrowers, these being the debt to equity ratio and the sales to assets ratio. Based on past default…

1. Assume that two companies (C and D) are duopolists that produce identical pro

1. Assume that two companies (C and D) are duopolists that produce identical products. Demand for the products is given by the following linear demand function: P = 600 Qc- Qd Whe…

1. Assume that you have been researching an issue. You have generated 1290 obser

1. Assume that you have been researching an issue. You have generated 1290 observations with 4 explanatory variables. When you run your regression, the estimated coefficient for o…

1. Assume that you have won $2 million in the California lottery. Explain exactl

1. Assume that you have won $2 million in the California lottery. Explain exactly what you would do with this windfall within the next year. Using your response to the above examp…

1. Assume that you manage a retail garden center. You have purchased 1000 plants

1. Assume that you manage a retail garden center. You have purchased 1000 plants in 1 gallon containers for $1.50 each. The prevailing retail price in your market area is $3.29 ea…

1. Assume the Marshall-Lerner condition holds. Which of the following will cause

1. Assume the Marshall-Lerner condition holds. Which of the following will cause an increase in net exports? A. An increase in government spending. B. An increase in investment. C…

1. Assume the Marshall-Lerner condition holds. Which of the following will cause

1. Assume the Marshall-Lerner condition holds. Which of the following will cause an increase in net exports? A. An increase in government spending B. An increase in investment. C.…

1. Assume the United Nations Educational, Scientific, and Cultural Organization

1. Assume the United Nations Educational, Scientific, and Cultural Organization (UNESCO) hired you as an economic development expert. Your mission is to travel to several developi…

1. Assume the annual interest rate is 8%. Identify the calculation you would use

1. Assume the annual interest rate is 8%. Identify the calculation you would use to determine how much you would be willing to pay today in order to receive $150 one year from tod…

1. Assume the annual interest rate is 8%. Identify the calculation you would use

1. Assume the annual interest rate is 8%. Identify the calculation you would use to determine how much you would be willing to pay today in order to receive $150 one year from tod…

1. Assume the competitive market shown below faces a short run price of $10. Usi

1.     Assume the competitive market shown below faces a short run price of $10. Using the graph below, identify the following: Profit maximizing output:       ___________________…

1. Assume the dollar market value of an FI\'s position is $200 000 with a modifi

1. Assume the dollar market value of an FI's position is $200 000 with a modified duration of four years. The potential adverse move in the yield is 16.5 basis points. What is the…

1. Assume the economy is at full employment and the Fed restricts money supply.

1. Assume the economy is at full employment and the Fed restricts money supply. What will be the effects on output and prices? a. In the medium run output and prices will both dec…

1. Assume the economy is at point A. Which of the following is true? 2. When the

1. Assume the economy is at point A. Which of the following is true? 2. When the business cycle has hit bottom and is about to enter a period of sustained economic expansion, to m…

1. Assume the economy is in a recession. Using aggregate demand (AD) and aggrega

1. Assume the economy is in a recession. Using aggregate demand (AD) and aggregate supply (AS), the economic situation of a recession can be shown as: A. Macroeconomic equilibrium…

1. Assume the following data describe the condition of the banking system: (8 pt

1.     Assume the following data describe the condition of the banking system: (8 pts) Checking deposits                     $800B Cash held by public                 $200B Saving…

1. Assume the following: Employed - 175 million Labor force participation rate -

1. Assume the following: Employed - 175 million Labor force participation rate - 62% Total population - 338 million Children, military, institutionalized - 35 million What is the …

1. Assume the income of consumers of good X (a normal good) increases. What occu

1. Assume the income of consumers of good X (a normal good) increases. What occurs at the initial equilibrium price for X that signals market participants that the equilibrium pri…

1. Assume the market for used cars is set up as in the table below. There are tw

1. Assume the market for used cars is set up as in the table below. There are two types of cars: lemons and peaches. Peaches are more reliable than lemons and thus have a higher v…

1. Assume you are a farmer who grows corn and cotton. In the past, you have plan

1. Assume you are a farmer who grows corn and cotton. In the past, you have planted half of your land in corn and half in cotton. In recent years, the government has mandated that…

1. Assume you sell plumbing supplies via a distributor that sells to retailers.

1. Assume you sell plumbing supplies via a distributor that sells to retailers. What can you, as the manufacturer’s sales representative, do to shorten the distributor’s sales cyc…

1. Assuming a constant marginal cost, a lower price elasticity of demand would c

1. Assuming a constant marginal cost, a lower price elasticity of demand would call for a relatively lower mark-up ration. True False 2. Mark-up pricing might be more suitable for…

1. Assuming that there are only 2 airline companies in the world, Delta and US A

1. Assuming that there are only 2 airline companies in the world, Delta and US Airways, what is the ((Nash) Equilibrium) or price that each company in the following matrix will ch…

1. Assumptions of the Solow model Aa Aa You are interning at a video game compan

1. Assumptions of the Solow model Aa Aa You are interning at a video game company and some of the game designers, knowing that you've taken this class, have asked you to help them…

1. At NYU there is currently a problem that only 60 percent of the freshman grad

1. At NYU there is currently a problem that only 60 percent of the freshman graduate from NYU in 6 years. That means 40 percent leave the school before graduation. This is a relat…

1. At a price of $15 a unit, how many units are consumers willing to buy? 2. At

1. At a price of $15 a unit, how many units are consumers willing to buy? 2. At a price of $5 a unit, how many units are suppliers willing to supply? 3. What is the equilibrium pr…

1. At its simplest form, international marketing is the process of marketing acr

1. At its simplest form, international marketing is the process of marketing across national boundaries. (Points : 4) True False 2. Due to advances in technology, import and ejxpo…

1. At the current price there is a shortage of a product. We would expect price

1. At the current price there is a shortage of a product. We would expect price to: (a) increase, quantity demanded to increase, and quantity supplied to decrease (b) increase, qu…

1. At the current steady state capital-labor ratio, assume that the steady state

1. At the current steady state capital-labor ratio, assume that the steady state level of per capita consumption, (CN, is less than the golden rule level of steady state per capit…

1. At the equilibrium price, consumer surplus is a. $480 b. $640 c. $1,120 d. $1

1. At the equilibrium price, consumer surplus is a. $480 b. $640 c. $1,120 d. $1,280 2. At the equilibrium price, producer surplus is a. $480 b. $640 c. $1,120 d. $1,280 3. At the…

1. At the long-run quantity of output, where the LRATC curve is at its lowest po

1. At the long-run quantity of output, where the LRATC curve is at its lowest point, it is tangent to the ________ of the corresponding short-run average total cost curve. A. mini…

1. At the long-run quantity of output, where the LRATC curve is at its lowest po

1. At the long-run quantity of output, where the LRATC curve is at its lowest point, it is tangent to the ________ of the corresponding short-run average total cost curve. A. mini…

1. At the minimum efficient level of production: a) a firm will be at the only t

1. At the minimum efficient level of production: a) a firm will be at the only technically efficient level of production. b) the market has expanded sufficiently to take advantage…

1. At the shut-down point: a) P=AVC b) TR=TVC c) the total losses of the firm eq

1. At the shut-down point: a) P=AVC b) TR=TVC c) the total losses of the firm equal TFC d) all of the above 2. Let TC(Q)=10_3Q; MC equals___. 3. The slope of the isoquant tells th…

1. Automobiles and many other products are differentiated. As a result a. consum

1. Automobiles and many other products are differentiated. As a result a. consumers of automobiles have difficulty deciding what type of imported automobile to buy. b. different c…

1. Background information Aa Aa Read the article from Daily Finance in the follo

1. Background information Aa Aa Read the article from Daily Finance in the following scroll box and then answer the subsequent questions. How the Debt Ceiling Issue Will Hit Ordin…

1. Baking soda, sugar and many agricultural products are primarily sold using wh

1. Baking soda, sugar and many agricultural products are primarily sold using which of the following approaches? A. Differentiated B. Concentrated C. Undifferentiated D. segmented…

1. Balancing the national budget is always a debate among politicians and citize

1. Balancing the national budget is always a debate among politicians and citizens. Do you feel Congress should be forced to balance the budget? Why or why not? To help you with y…

1. Bank deposits and other liabilities Use the following categorization table to

1. Bank deposits and other liabilities Use the following categorization table to identify transaction and nontransaction accounts Transaction Account Nontransaction Account NOW Ac…

1. Bank of Beacon Hill has total reserves of $40 million and current totalchecki

1. Bank of Beacon Hill has total reserves of $40 million and current totalchecking account deposits of $200 million. With a legal reserve requirement of 10% of total checking acco…

1. Barriers to entry enhance the market power of many business organizations bec

1. Barriers to entry enhance the market power of many business organizations because they make it difficult for would-be competing firms to enter into an established market. Descr…

1. Barry Hairychest grosses $110,000 with deductions of $12,345. How much federa

1.Barry Hairychest grosses $110,000 with deductions of $12,345. How much federal tax must he pay, to the nearest dollar 2.Katie's butter and egg business is such that she pays an …

1. Based on the knowledge and insights you have gained on the topic of hunger in

1. Based on the knowledge and insights you have gained on the topic of hunger in a global economy over the semester: a. What would be your top three prioritized policy recommendat…