Economics

There are strong indications that the Chinese economy is slowing down after thre

There are strong indications that the Chinese economy is slowing down after three decades of rapid growth. Its rapid growth transformed not only China’s own economy but also had a…

There are ten people listed below. What is their labor force participation rate?

There are ten people listed below. What is their labor force participation rate? Heather is a stay at home mom and is not looking for work and does not receive an income Sam won t…

There are three equally-sized distinct subpopulations in Utopolis: unemployed, w

There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible social states which result in different utility level…

There are three firms in an economy: A, B, and C. Firm A buys $250 worth of good

There are three firms in an economy: A, B, and C. Firm A buys $250 worth of goods from firm B and $200 worth of goods from firm C, and produces 200 units of output, which it sells…

There are three firms in an economy: A, B, and C. Firm A buys $350 worth of good

There are three firms in an economy: A, B, and C. Firm A buys $350 worth of goods from firm B and $150 worth of goods from firm C, and produces 250 units of output, which it sells…

There are three foreign exchange markets: Market 1: ¥1=$0.01 Market 2: MYR 1= $0

There are three foreign exchange markets: Market 1: ¥1=$0.01 Market 2: MYR 1= $0.2 Market 3: MYR 1= ¥25 Note: ¥ is the Japanese Yen. MYR is the Malaysian Ringgit. $ is the U.S. do…

There are three goods in the consumer basket. The fixed quantities are these goo

There are three goods in the consumer basket. The fixed quantities are these goods, which the consumer buys, are as follows: Food=60 units, Movies=40 units, and Clothing=90 units.…

There are three individuals in a community that is deciding whether to unveil a

There are three individuals in a community that is deciding whether to unveil a statue of Elvis. Individual 1 would receive a net benefit of 25 if the statue were unveiled. Indivi…

There are three industrial firms in Happy Valley. Firm Initial PollutionLevel Co

There are three industrial firms in Happy Valley. Firm                      Initial PollutionLevel                            Cost of Reducing Pollution by 1 Unit A               …

There are three main arguments against racial and sexual job discrimination: 1)

There are three main arguments against racial and sexual job discrimination:    1) Utilitarian Arguments (p. 368);    2) Rights-Based Arguments (p. 369); and    3) Justice-Based A…

There are three major ferry lines operating on the East River each costs of redu

There are three major ferry lines operating on the East River each costs of reducing pollution that are shown in the table below generating 200 units of pollution per year. The fe…

There are three parties and three aternatives The parties preferences over the a

There are three parties and three aternatives The parties preferences over the altermatives are given by the following table P parties, A- altermatives, E-excellent G good, B-bad)…

There are three persons in an economy: Larry, Curley, and Moe. Imagine that each

There are three persons in an economy: Larry, Curley, and Moe. Imagine that each has a utility of 0 to 1. Define three different equilibria (or three solutions) (i.e. three vector…

There are three plants located in the city of Los Airless (LA) that emit SO 2 as

There are three plants located in the city of Los Airless (LA) that emit SO2 as part of their production process. Currently, plant A emits 100 units of SO2, plant B emits 200 unit…

There are three plants located in the city of Lost Airless (LA) that emit SO2 as

There are three plants located in the city of Lost Airless (LA) that emit SO2 as part of their production process. Currently, plant A emits 100 units of SO2, plant B emits 200 uni…

There are three questions related to U.S. economy and Production Possibility Fro

There are three questions related to U.S. economy and Production Possibility Frontier (PPF). If you provide some numbers to support your opinion, cite the source of reference. a. …

There are three questions related to demand and supply. 1. What’s your answer ab

There are three questions related to demand and supply. 1. What’s your answer about the equilibrium change from an event which decreases both demand and supply? You don’t need to …

There are three sections of the balance of payments (BOP) accounts: current acco

There are three sections of the balance of payments (BOP) accounts: current account (U), financial/capital account (l), and changes in official reserve account (II). Match the fol…

There are two Ford dealerships in town: Jessica\'s and Jeffs. Each of these new

There are two Ford dealerships in town: Jessica's and Jeffs. Each of these new car dealers have three alternative strategies that they could pursue: (1)highlight. Each of these ne…

There are two U.S. locations where your company is currently the only producer o

There are two U.S. locations where your company is currently the only producer of soda. You currently make 40 in each location, but Pepsi is entering the markets. What decision sh…

There are two countries (Germany and France), two factors of production (labor a

There are two countries (Germany and France), two factors of production (labor and capital) and two goods (Cars and Wine). Suppose that when trade is opened up between Germany and…

There are two countries, Australia and China, which produce and consume clothing

There are two countries, Australia and China, which produce and consume clothing. The quantities demanded and supplied for clothing in the two countries are: QS * = -40 +9p* a) Ca…

There are two countries, Fiji and New Zealand. Both produce glass and pottery. A

There are two countries, Fiji and New Zealand. Both produce glass and pottery. Assume New Zealand has a comparative advantage in glass production. Thus, the autarkic price ratios …

There are two countries, X and Z. Productivity in Country X is 1.8 times as high

There are two countries, X and Z. Productivity in Country X is 1.8 times as high as productivity in Country Z. Technology in Country X is 3.2 times as high as technology in countr…

There are two existing firms in the market for computer chips. Firm A knows how

There are two existing firms in the market for computer chips. Firm A knows how to reduce the production costs for the chip and is considering whether to adopt the innovation or n…

There are two firms in a market for commercial dry suits. The market demand curv

There are two firms in a market for commercial dry suits. The market demand curve is P = 3,000 – 5Q, and each of the two firms has a total cost curve of C = 750 q with zero fixed …

There are two firms in a market for commercial dry suits. The market demand curv

There are two firms in a market for commercial dry suits. The market demand curve is P = 4,000 – 2.5Q, and each of the two firms has a total cost curve of C = 1,000 q with zero fi…

There are two firms that compete over quantity (Cournot) Demand Function P=260-2

There are two firms that compete over quantity (Cournot) Demand Function P=260-2Q and MC=20 One-Period Nash Equilibrium Profits Firm 1=3,200 Firm 2= 3,200 Profit of each firm if t…

There are two firms with the following MB of emissions curves: MB1(E) = 16 2E MB

There are two firms with the following MB of emissions curves: MB1(E) = 16 2E MB2 (E) = 8 E The regulator sets up a permit trading system. Suppose the initial allocation of permit…

There are two forces that cause the economy to grow. One is real, the other is a

There are two forces that cause the economy to grow. One is real, the other is an illusion. The real force—entrepreneurial innovation and creativity—comes naturally as long as gov…

There are two groups in a community. Their demand curves for public television i

There are two groups in a community. Their demand curves for public television in hours of programming, T, are given respectively by W1 = $300 T W2 = $420 2T. Suppose public telev…

There are two groups of households in an economy: groups 1 and 2 Group 1: High i

There are two groups of households in an economy: groups 1 and 2 Group 1: High income families. MPC is about 0.1 Group 2: All other families. When they lose their job, they reduce…

There are two ice cream vendors, Ben and Jerry, on a crowded strip of beach. The

There are two ice cream vendors, Ben and Jerry, on a crowded strip of beach. There are five permissible locations for ice cream vendors, cleverly named Positions 1, 2, 3, 4, and 5…

There are two ice cream vendors, Ben and Jerry, on a crowded strip of beach. The

There are two ice cream vendors, Ben and Jerry, on a crowded strip of beach. There are five permissible locations for ice cream vendors, cleverly named Positions 1, 2, 3, 4, and 5…

There are two individuals, A and B, and two commodities, Commodity 1 and Com- mo

There are two individuals, A and B, and two commodities, Commodity 1 and Com- modity 2. The distribution of output in two states of the economy, State 1 and State 2, is shown in t…

There are two labor markets that are closed to oue another, then open their bord

There are two labor markets that are closed to oue another, then open their borders completely. The markets are domestic(d) and foreign(f). Calculate consumer and producer surplus…

There are two main parking lots in the downtown area of a growing city in Florid

There are two main parking lots in the downtown area of a growing city in Florida. One lot is publicly operated and the other is privately owned. On any given weekday, the probabi…

There are two mutually exclusive project, where the basic information is provide

There are two mutually exclusive project, where the basic information is provided below. Assume a DN alternative does not exist. A B Initial Cost $25,000 $35,000 Annual net profit…

There are two mutually exclusive proposals -fr)fa for a flood control project in

There are two mutually exclusive proposals -fr)fa for a flood control project in Illinois. The first proposal involves an initial outlay of $1,350,000 and annual expenses of $110,…

There are two neighbor countries, X and Y. Country X produces three goods, U, V,

There are two neighbor countries, X and Y. Country X produces three goods, U, V, and W and the prices of these products are $150, $120, and $110, respectively. Country Y produces …

There are two periods, this year and next year. John receives his income and und

There are two periods, this year and next year. John receives his income and undertakes all his expenditures at the end of each year. Let Y1 denote his income at the end of this y…

There are two possible outcomes about the economy next year. We will have outcom

There are two possible outcomes about the economy next year. We will have outcome A if there is a small increase in AD. We will have outcome B if there is a large increase in AD. …

There are two questions below that I need answered. Thank you so much for your h

There are two questions below that I need answered. Thank you so much for your help! 1. Hook industries is considering the replacement of one of its old drill presses. Three alter…

There are two questions related to international trade and exchange rate. If you

There are two questions related to international trade and exchange rate. If you provide some numbers to support your opinion, cite the source of reference.    1. The U.S. has bee…

There are two related questions - (1) Union membership has been declining in the

There are two related questions - (1) Union membership has been declining in the U.S. private sector for many years. What do you think are the major reasons for this? Why isn't th…

There are two routes to Cleveland from Indianapolis. One route takes the toll ro

There are two routes to Cleveland from Indianapolis. One route takes the toll road, which costs $9.00. One route takes the state highways with no tolls. The toll road has a 30% ch…

There are two sectors of the construction industry that currently pay their empl

There are two sectors of the construction industry that currently pay their employees the market-clearing wage. The demand for labor in each sector is MRPL = 12 - L, where L = the…

There are two things that can make prices “sticky”. They are _________ and _____

There are two things that can make prices “sticky”. They are _________ and _________. A) Elmer’s glue and scotch tape B) rising input prices and output prices dropping C) menu cos…

There are two types of farming tractors on the market, the FT250 and the FT500.

There are two types of farming tractors on the market, the FT250 and the FT500. The only difference between the two is that the FT250 is more prone to accidents than the FT500. Ov…

There are two types of hockey players: 1) goal scoring \"stars\" and 2) \"grinde

There are two types of hockey players: 1) goal scoring "stars" and 2) "grinders" or "non-stars." Stars are in short supply, so that there are not enough star players to fully stoc…