Economics

Suppose that the demand curve fordesktop computers shifts rightward and at the s

Suppose that the demand curve fordesktop computers shifts rightward and at the same time the supplycurve shifts leftward. Which of the following could have causedthese shifts? Des…

Suppose that the demand equations of women and men for admission to basketball g

Suppose that the demand equations of women and men for admission to basketball games are given by Pw=6 - (1/8000)qw where Pw is price charged to women and Pm= 10-(1/8000)qm where …

Suppose that the demand for Federal funds curve is such that the quantity of fun

Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the Federal funds interest rate. A…

Suppose that the demand for Federal funds curve is such that the quantity of fun

Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the Federal funds interest rate. A…

Suppose that the demand for Federal funds curve is such that the quantity of fun

Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the Federal funds interest rate. A…

Suppose that the demand for Federal funds curve is such that the quantity of fun

Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $160billion for each 1 percent change in the Federal funds interest rate. Al…

Suppose that the demand for and supply of cigarettes in a hypothetical country a

Suppose that the demand for and supply of cigarettes in a hypothetical country are given by the following equations: Qd 2000 200P Q 200P, where Q is the number of packs of cigaret…

Suppose that the demand for apartments is given by P equals 30 minus Q , and the

Suppose that the demand for apartments is given by P equals 30 minus Q , and the supply of apartments is given by P equals 2 Q . Suppose the government decides to impose a maximum…

Suppose that the demand for artichokes (Qa) is given as Qa = 100 - 10P. What is

Suppose that the demand for artichokes (Qa) is given as Qa = 100 - 10P. What is the price elasticity of demand if the price of artichokes is $8?  the answer is -4 Using the inform…

Suppose that the demand for car loans in the Milwaukee area is $10 million per m

Suppose that the demand for car loans in the Milwaukee area is $10 million per month at an interest rate of 10 percent per year, $11 million at an interest rate of 9 percent per y…

Suppose that the demand for federal funds curve is such that the quantity of fun

Suppose that the demand for federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the federal funds interest rate. A…

Suppose that the demand for federal funds curve is such that the quantity of fun

Suppose that the demand for federal funds curve is such that the quantity of funds demanded changes by $160 billion for each 1 percent change in the federal funds interest rate. A…

Suppose that the demand for loanable funds for car loans in the Milwaukee are is

Suppose that the demand for loanable funds for car loans in the Milwaukee are is $ 10 million per month at an interest rate of 9 percent per year, 12 million at an interest rate o…

Suppose that the demand for loanable funds for car loans in the Milwaukee area i

Suppose that the demand for loanable funds for car loans in the Milwaukee area is $10 million per month at an interest rate of 9 percent per year, $12 million at an interest rate …

Suppose that the demand for loanable funds for car loans in the Milwaukee area i

Suppose that the demand for loanable funds for car loans in the Milwaukee area is $10 million per month at an interest rate of 9 percent per year, $12 million at an interest rate …

Suppose that the demand for soft drinks is price elastic and the supply is price

Suppose that the demand for soft drinks is price elastic and the supply is price inelastic. If the government imposes a sales tax on soft drinks, which of the following will occur…

Suppose that the demand for vegetables is very elastic (elasticity = -5) and sup

Suppose that the demand for vegetables is very elastic (elasticity = -5) and supply is unitary elastic (elasticity = 1). The government has imposed a sales tax on the purchase of …

Suppose that the demand for video rentals per week is given by Qdvideos = 18 - 4

Suppose that the demand for video rentals per week is given by Qdvideos = 18 - 4Pvideos, and the supply of videos is Qsvideos = 6 + 2Pvideos. a) Calculate the equilibrium price an…

Suppose that the demand function is Q= s/p, where Q is the total quantity demand

Suppose that the demand function is Q= s/p, where Q is the total quantity demanded, s is a measure of the size of the market, and p is the price of the homogeneous good. Let F be …

Suppose that the demand function is Q= s/p, where Q is the total quantity demand

Suppose that the demand function is Q= s/p, where Q is the total quantity demanded, s is a measure of the size of the market, and p is the price of the homogeneous good. Let F be …

Suppose that the demand function of Japanese car in the US is given D(p) = 250 -

Suppose that the demand function of Japanese car in the US is given D(p) = 250 - 2p where p is the price of Japanese cars. If the supply schedule is horizontal at a price of $5, w…

Suppose that the demand function of Japanese car in the US is given D(p) = 250 -

Suppose that the demand function of Japanese car in the US is given D(p) = 250 - 2p where p is the price of Japanese cars. If the supply schedule is horizontal at a price of $5, w…

Suppose that the disability insurance (DI) program was changed so that individua

Suppose that the disability insurance (DI) program was changed so that individuals who want to receive DI must first go 10 months without working to demonstrate that they are trul…

Suppose that the economy can be described by the following three equations: u t

Suppose that the economy can be described by the following three equations: ut - ut-1 = -0.4*(gyt - 3%) Okun's law t - t-1 = -(ut - 5%) Phillips curve gyt = gmt - t Aggregate Dema…

Suppose that the economy is at long-run equilibrium. If there is a sharp decline

Suppose that the economy is at long-run equilibrium. If there is a sharp decline in the stock market combined with a significant increase in immigration of skilled workers, then i…

Suppose that the economy is in long-run equilibrium and the government decided t

Suppose that the economy is in long-run equilibrium and the government decided to engage in expected expansionary policy by increasing the money supply. If we assume rational expe…

Suppose that the economy is initially in a steady state and that some of the nat

Suppose that the economy is initially in a steady state and that some of the nation’s capital stock is destroyed because of a natural disaster or a war. (a) Determine the long-run…

Suppose that the economy is thought to be 2 percent above potential (that is, th

Suppose that the economy is thought to be 2 percent above potential (that is, the output gap is 2 percent) when potential output grows 4 percent per year. Suppose also that the Fe…

Suppose that the economy is thought to be 2% above potential (that is, the outpu

Suppose that the economy is thought to be 2% above potential (that is, the output gap is 2%) when potential output grows 4% per year. Suppose also that the Fed is following the Ta…

Suppose that the economy is thought to be 2% above potential (that is, the outpu

Suppose that the economy is thought to be 2% above potential (that is, the output gap is 2%) when potential output grows 4% per year. Suppose also that the Fed is following the Ta…

Suppose that the economy is thought to be 2% above potential (that is, the outpu

Suppose that the economy is thought to be 2% above potential (that is, the output gap is 2%) when potential output grows 4% per year. Suppose also that the Fed is following the Ta…

Suppose that the economy of Autoland produces nothing but automobiles. Automobil

Suppose that the economy of Autoland produces nothing but automobiles. Automobiles are made with tires, steel, and glass. The following activities were observed in 2012: A rubber …

Suppose that the economy of Bankrun requires that banks hold reserves equal to 1

Suppose that the economy of Bankrun requires that banks hold reserves equal to 10 percent of their deposits. Currently banks cannot carn interest on their reserves. Because the ce…

Suppose that the economy of Dreamland produces two kinds of goods, puppies and b

Suppose that the economy of Dreamland produces two kinds of goods, puppies and books (including books about how to raise puppies). Further assume that the market for each good is …

Suppose that the economy of Somerville creates only wind turbines and Renate\'s.

Suppose that the economy of Somerville creates only wind turbines and Renate's. Below is the production possibilities frontier (PPF) of Somerville per year, currently producing at…

Suppose that the economy of Stormwind has the following features: The level of p

Suppose that the economy of Stormwind has the following features: The level of private saving is $200. The level of investment expenditure is $150. The level of exports is $100. T…

Suppose that the economy produces two goods: coffee (in cups) and cookies. The p

Suppose that the economy produces two goods: coffee (in cups) and cookies. The price of a cup of coffee is fixed at $2 and the price of a cookie is fixed at $3. a) In 2013, the ec…

Suppose that the economy produces two goods: coffee (in cups) and cookies. The p

Suppose that the economy produces two goods: coffee (in cups) and cookies. The price of a cup of coffee is fixed at $2 and the price of a cookie is fixed at $3. a) In 2013, the ec…

Suppose that the economy that we are interested in modeling is not a small open

Suppose that the economy that we are interested in modeling is not a small open economy, so that the macro variables that describe the external environment have to be treated as e…

Suppose that the economy under study has the following characteristics: s = 0.30

Suppose that the economy under study has the following characteristics: s = 0.30 n = 0.02 g = 0.10 d = 0.03 K = 1600 Y = 800 N = 100 A = 2 Y = F(K, N, A) = AF(K, N) = A(K^(1/2))(N…

Suppose that the economy\'s production function is: Y = The saving rate is equal

Suppose that the economy's production function is: Y = The saving rate is equal to s, the capital depreciates at rate delta, population grows at rate n. Find the dynamics of capit…

Suppose that the economywide expected future marginal product of capital is MPK^

Suppose that the economywide expected future marginal product of capital is MPK^f = 20 — 0.02K, where K is the future capital stock. The depreciation rate of capital, d, is 20% pe…

Suppose that the entire population of the world consist of four people, divided

Suppose that the entire population of the world consist of four people, divided into two countries of two people each. The following table shows data on their income and nationali…

Suppose that the equation for autonomous planned spending, Ap, is Ap=6200-200r a

Suppose that the equation for autonomous planned spending, Ap, is Ap=6200-200r and the value of the multiplier,k, is 2.5. A) Derive the equation for the IS curve, Y=k*Ap. GRaph fo…

Suppose that the equation for autonomous planned spending, Ap, is Ap=6200-200r a

Suppose that the equation for autonomous planned spending, Ap, is Ap=6200-200r and the value of the multiplier,k, is 2.5. A) Derive the equation for the IS curve, Y=k*Ap. GRaph fo…

Suppose that the equilibrium price in the market for widgets is $5. If a law red

Suppose that the equilibrium price in the market for widgets is $5. If a law reduced the maximum legal price for widgets to $4: a. any possible increase in consumer surplus would …

Suppose that the equilibrium quantity in the market for widgets has been 200 per

Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed. The price paid by buyers increases by $2 and the af…

Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppo

Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppose also that the interest rate on a one-year German is 7 percent and the interest rate on a one-yea…

Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppo

Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppose also that the interest rate on a one-year German bond is 7 percent and the interest rate on a on…

Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppo

Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppose also that the interest rate on a one-year German bond is 7% and the interest rate on a one-year …