Economics

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: a. What would be your top three prioritized policy recommendations for reducing …

1. Based on what you have learned in the chapter explain the following statement

1. Based on what you have learned in the chapter explain the following statement. "When there is an exceptionally large crop it causes farmers' incomes to fall." Could someone ple…

1. Based on your knowledge of the market for land, which of the following statem

1. Based on your knowledge of the market for land, which of the following statements is true? Statement 1: The price of goods at a store is high because the store pays high rent. …

1. Basic Concepts Aa Aa Match the terms relating to the basic terminology and co

1. Basic Concepts Aa Aa Match the terms relating to the basic terminology and concepts of corporate finance on the left with the descriptions of the terms on the right. Read each …

1. Be able to measure opportunity cost based on a situation. Example ___ 2. Be a

1. Be able to measure opportunity cost based on a situation. Example ___ 2. Be able to interpret examples of opportunity cost to determine who has a greater opportunity in a given…

1. Beasley World Industries purchases a new computing center for $100 million. T

1.       Beasley World Industries purchases a new computing center for $100 million.  They estimate a life of 5 years and a salvage value of $20 million.  Beasley World Industries…

1. Because expected inflation is typically positive, we know that Select one: a.

1. Because expected inflation is typically positive, we know that Select one: a. the nominal interest rate is generally less than the real interest rate. b. the real interest rate…

1. Because high production-changeover time and costs, a director of manufacturin

1. Because high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method…

1. Because of global warming, countries that are cooler may see ________ in the

1. Because of global warming, countries that are cooler may see ________ in the supply of grain and agricultural products. A. a shift to the right B. a shift to the left C. no cha…

1. Because of the way discouraged workers and part-time employment are measured,

1. Because of the way discouraged workers and part-time employment are measured, the official unemployment rate a. overstates the size of the labor force b. truly reflects the lev…

1. Because public goods are a. excludable, people have an incentive to be free r

1. Because public goods are a. excludable, people have an incentive to be free riders. b. excludable, people do not have an incentive to be free riders. c. not excludable, people …

1. Being first on the market with a new product has a number of advantages, i fo

1. Being first on the market with a new product has a number of advantages, i following EXCEPT: a. b. Immediate profit c. d. Increased sales through longer sales life More resale …

1. Below are some data on gross domestic product (GDP) in the U.S. between 2012-

1. Below are some data on gross domestic product (GDP) in the U.S. between 2012-2015. Time 2012 Q4 2013 Q4 2014 Q4 2015 Q4 Real GDP per capita (chained 2009 USD) 8,797 49,749 $50,…

1. Below is productivity data for firm Nearly Done Inc. which purchases resource

1. Below is productivity data for firm Nearly Done Inc. which purchases resources in a perfectly competitive labor market. Quantity of TP MPL Unit Price of Product S 10 18 28 36 4…

1. Better ideas or technological knowledge causes: Select one: a. the investment

1. Better ideas or technological knowledge causes: Select one: a. the investment function to shift downward. b. the depreciation function to shift downward. c. the production func…

1. Bicycles Obesity is a serious health problem as noted by Howard Frumkin (S&K

1. Bicycles Obesity is a serious health problem as noted by Howard Frumkin (S&K Reader, pp. 156-157). For children, more physical exercise is one response. Bicycles can help b…

1. Bill lends Joann $1,000 for a year at a nominal interest rate of 5 %. If both

1. Bill lends Joann $1,000 for a year at a nominal interest rate of 5 %. If both Bill and Joann expect the inflation rate to be 3 % next year, then the real rate of interest is A.…

1. Blackwelder Co. calls a meeting to announce to the media that it is hiring a

1. Blackwelder Co. calls a meeting to announce to the media that it is hiring a new CEO and changing the company name to Natural Basics. The company will distribute additional mat…

1. Bob decides to sell chicken sandwiches along the side of the road on his prop

1. Bob decides to sell chicken sandwiches along the side of the road on his property. He has all the proper State licenses. After selling his chicken sandwiches for a number of ye…

1. Bond A is a 5% semi-annual coupon bond with 5 years to maturity; its par valu

1. Bond A is a 5% semi-annual coupon bond with 5 years to maturity; its par value is $1000; the YTM is 7%; there are 10,000 units of bond A held in the portfolio. Bond B is a 3-ye…

1. Both ________ and ________ are Federal Reserve liabilities A) securities and

1. Both ________ and ________ are Federal Reserve liabilities A) securities and loans to financial institutions. B) currency in circulation and reserves. C) securities and reserve…

1. Both competitive and monopolistically competitive firms: a. Can enforce price

1. Both competitive and monopolistically competitive firms: a. Can enforce price arrangements vigorously in court. b. Cannot control or set their own price. c. Can maximize profit…

1. Both mountain bikers and hikers enjoy Horsetooth Mountain Park. Assume there

1. Both mountain bikers and hikers enjoy Horsetooth Mountain Park. Assume there are more substitute hiking spots than there are biking trails. Further assume that there are demand…

1. Braxton Enterprises currently has debt outstanding of $65 million and an inte

1. Braxton Enterprises currently has debt outstanding of $65 million and an interest rate of 10%. Braxton plans to reduce its debt by repaying $13 million in principal at the end …

1. Brenda and Matt borrowed $40,000 from the Farm Service Agency for spring crop

1. Brenda and Matt borrowed $40,000 from the Farm Service Agency for spring crop inputs, at 8% annual interest rate. They took out the loan on March 1 and paid it back on December…

1. Briefly describe the two basic rationales that underlie the U.S. welfare stat

1. Briefly describe the two basic rationales that underlie the U.S. welfare state. Identify the welfare state's 2 largest programs, making sure you explain who benefits from these…

1. Briefly explain the three types of price discrimination available to monopoly

1. Briefly explain the three types of price discrimination available to monopoly firms. Give at least one example of each. 2. What market characteristics does Monopolistic Competi…

1. Briefly explain what the term \"balance of trade\" refers to from a macroecon

1. Briefly explain what the term "balance of trade" refers to from a macroeconomic perspective and include a brief description of how exports and imports influence the balance of …

1. Bruster\'s and Rita\'s both sell equally delicious ice cream, and compete for

1. Bruster's and Rita's both sell equally delicious ice cream, and compete for the same customers. Each can offer customers a rewards card (offering free ice cream after certain n…

1. Business cycles are a. periodic fluctuations in real GDP b. declines in GDP t

1. Business cycles are a. periodic fluctuations in real GDP b. declines in GDP that last 6 months or longer c. no longer observed in the economy d. the difference between nominal …

1. Business cycles involve fluctuations around full employment real GDP. List an

1. Business cycles involve fluctuations around full employment real GDP. List and explain at least three of the possible causes. Demand for goods and services is more or less than…

1. Buying electricity off the freewheeling grid at one quarter \'til the hour fo

1. Buying electricity off the freewheeling grid at one quarter 'til the hour for delivery on the hour illustrates: Answer relational contracts with distributors vertical requireme…

1. By 2011, which of the following countries had the highest level of real outpu

1. By 2011, which of the following countries had the highest level of real output per capita? United States France Japan United Kingdom 2. "Convergence" has been occurring among t…

1. C an you think of any undesirable aspects of pure competition? From the consu

1. Can you think of any undesirable aspects of pure competition? From the consumer%u2019s standpoint? From the producer%u2019s standpoint? 2.     What do you think are the pluses …

1. CPI basket is set at 431 units of good A and 218 units of good B. Compute the

1. CPI basket is set at 431 units of good A and 218 units of good B.  Compute the CPI and CPI inflation for each year, using 2012 as the base year. Do the same assuming the CPI ba…

1. CPI inflation overstates increases in the cost of living A. but its impact on

1. CPI inflation overstates increases in the cost of living A. but its impact on government budget is insignificant as both taxes and expenditures are tied to the index. B. becaus…

1. CV (compensating variation) problem - A person can better water quality throu

1. CV (compensating variation) problem - A person can better water quality through a program. However, the person's willingness to pay for cv of 5 water quality and cv of 1 water …

1. Cadie\'s Candy Shop (CCS) makes a special kind of candy that has become very

1. Cadie's Candy Shop (CCS) makes a special kind of candy that has become very popular with its customers. The marginal cost of producing this candy is constant. It is equal to $3…

1. Calculate the Altman Z-score for Ford and Toyota. What inferences do you draw

1. Calculate the Altman Z-score for Ford and Toyota. What inferences do you draw from these values? What inferences do you draw from comparing the values across the two companies?…

1. Calculate the contribution, say how much will be added or not to GDP that wou

1. Calculate the contribution, say how much will be added or not to GDP that would be the result of each of the following transactions. (a) The government purchases an airplane fo…

1. Calculate the percentage of income paid in taxes at each income level in the

1. Calculate the percentage of income paid in taxes at each income level in the following table: Income Taxes Paid Tax Rate $30,000 $1,500 $60,000 $6,000 $100,000 $15,000 $150,000…

1. Calculate the present value in each of the following cases. Show your work. a

1. Calculate the present value in each of the following cases. Show your work. a. You are negotiating a book deal for your newest novel in which an economist singlehandedly saves …

1. Calculate the real dollar rate of return on a bottle of a rare Burgundy, Doma

1. Calculate the real dollar rate of return on a bottle of a rare Burgundy, Domaine de la Romanée-Conti 1978, whose price rises from $225 to $275 in a year, while all dollar price…

1. Calculate the simple interest of a $2000 loan with the interest of 10% per ye

1. Calculate the simple interest of a $2000 loan with the interest of 10% per year. The duration of the loan is 2 years. 2, Sara has $65 in an account that earns 2.5% per year. Th…

1. Calculate your total tax liability under the 2013 federal income tax structur

1.       Calculate your total tax liability under the 2013 federal income tax structure, assuming your income is $75,000.  Assume you are single and using the personal exemption o…

1. Calculate: (a) partial derivative symbol[4x^2 - 3xy + y^2]/partial derivative

1. Calculate: (a) partial derivative symbol[4x^2 - 3xy + y^2]/partial derivative x. Then, in addition, take the partial derivative of your answer with respect to y. This is called…

1. Calculated the future value of a single amount of $10,000 earning 9% per year

1. Calculated the future value of a single amount of $10,000 earning 9% per year compounded quarterly for two years. 2. On Kathy's 35th birthday, her insurance company told her sh…

1. Calculating GDP - We would like to compare the methods in calculating the GDP

1. Calculating GDP - We would like to compare the methods in calculating the GDP using the product and income approaches. Suppose there are three goods produced by three producers…

1. Calculating inflation using a simple price index Consider a fictional price i

1. Calculating inflation using a simple price index Consider a fictional price index, the College Student Price Index (CSPI), based on a typical college student's annual purchases…

1. Calculating inflation using a simple price index Consider a fictional price i

1. Calculating inflation using a simple price index Consider a fictional price inde, the College Student Price Index (CSP), based on a typical college student's annual puschases t…