1. What is fiscal policy? 2. What are the shortcomings of fiscal policy? 3. What is supply-side fiscal policy?

Q: 3. Suppose the annual interest rate is R = 0.10 (10%). If the expected inflation rate is n =0.02…

A: Real interest rate is the rate of interest adjusted for inflation.

Q: List and explain two determinants that would cause the production possibility curve to shift inwards…

A: The production possibilities curve (PPC) is a chart/graph that shows each of the various different…

Q: 7. Incidence and Welfare Effects of a Tax The demand and supply curves for the perfectly competitive…

A: Disclaimer :- As you posted multipart questions we are supposed to solve the first 3 parts as per…

Q: Explain why a profit-maximizing competitive firm would produce up to the point where price equals…

A: The marginal cost of creation is the adjustment of absolute creation cost that comes from making or…

Q: The Westchester Chamber of Commerce periodically sponsors public service seminars and programs.…

A: Introduction Data has given on different type of media like television, radio and online. a)…

Q: An American manufacturing company has new equipment with a first cost of $ 25,000, an estimated…

A: Given, Cost of asset= $25,000  Salvage value= $1500  Useful life= 9 years

Q: (A). Diagram 2: The DD -AA model Exchange rate, E DD E AA Output, Y Use the DD-AA model to examine…

A: The correct answer is given in the second step.

Q: Table of Questions 3: Conditions of Price (P) and Quantity (Q) of Rice in Binus City, 2019-2021…

A: Given Data

Q: The following production possibilities schedule shows the quantities of tucestveat and com thet can…

A:

Q: Germany can produce either 40 units of pretzels or 20 units of cars per labour hour. Canada can…

A:

Q: Surplus-value creates a further advantage for capitalists because:   A. Capitalists are able to…

A: as we know that labour and capital are two important factor in production . labour gets wage and…

Q: 1. Explain the effects of low price-guarantee on the price.

A: ''Since it is the multiple question, we will solve the first question for you. If you want any…

Q: Dead capital is Select one: O A. useful only if employed in a labor-intensive production process. O…

A: A dead capital is a property that is not legally recognized by the government.

Q: Among the given choices, which of these is the incorrect statement? a. Female education helps reduce…

A: Female education is an important aspect of the growth and development of the economy and society.…

Q: Assume that l2t = 0.15% and that l1t = 0. If the one-year interest rate is 5% and the two-year…

A: We have l2t=0.15%, l1t=0it=5%, i2t=5.75%  Here it is today's interest rate on one period bond and…

Q: One main assumption underlying the segmented markets theory is that: O A. All of the listed options…

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Suppose demand and supply of gasoline are given by the following linear functions: Qd = 100 - 20P QS…

A: Deadweight loss is the decrease in total surplus when socially efficient quantity is not produced.…

Q: France can produce either 50 units or 80 units of wine per labour hour. Canada can produce either 87…

A:

Q: Suppose that fixed costs for a firm in the automobile industry (start-up costs of factories, capital…

A: Answer - "Thank you for submitting the questions.But, we are authorized to solve only 3 sub parts…

Q: Suppose the demand for a product is given by: Q = 20 - 2P + 3Ps, where P is the price of the product…

A: Cross price elasticity measures the responsiveness of quantity demanded of good 1 to changes in…

Q: What likely occurred during 2018 if nominal GDP did not change and real GDP decreased, relative to…

A: Real GDP is the market value of final goods and services produced in the economy within a given…

Q: Calculate and compare the output levels and profits for Stackelberg and Bertrand competition. Use…

A: In a Stackelberg duopoly model there is a first mover know as price leader in the market and other…

Q: u (21, a2) = 2xı +3x2 %3D If the price of good 1 is $4/unit, the price of good 2 is $5/unit, and…

A: Given, P1 = 4 and p2=5 and I=20

Q: The expectations theory is successful in explaining: I. Why the term structure of interest rates…

A: By assuming no arbitrage opportunity and thus stating that two investment strategies stretched over…

Q: Mark sold his house. In addition to cash, he took a mortgage on the house. The mortgage will be paid…

A: Monthly payments of P12, 345, for 10 years interest rate = 1% time in months = 10*12 = 120 months

Q: The basic quantity equation of money is MV = PQ, where M is the money supply, V is the velocity of…

A: In 1911, Classical economist Irving Fisher stated the quantity theory of money which states that the…

Q: Both quotas and subsidies O a. benefit goverments only O b. benefit both consumers and local…

A: Quotas and subsidies are forms of trade barriers in international trade done by the governments,…

Q: Fay runs a hot dog cart at the sports stadium. Fay has no skills, no job experience, and no…

A: An economic profit is the difference between the revenue a commercial entity has received from its…

Q: A). Discuss the benefits and costs of joining a fixed-exchange area. Explain the concept of optimal…

A: Note:- Since we can only answer one question at a time, we'll answer first one. Please repost the…

Q: TRUE OR FALSE: 1. A measure of market efficiency is Gini coefficient. 2. If the income is evenly…

A: "The Gini coefficient is a number which represents the extent of inequality in the income or wealth…

Q: Polaris Industries wishes to purchase a multiple-use in-plant “road test’ simulator that can be used…

A: MARR refers to the minimum rate of return on a project that a project manager or company is willing…

Q: Inflation does not make a nation poorer, it redistributes income to those who can and do raise their…

A: Inflation is defined as a gradual rise in the prices of goods and services in a given economy. Each…

Q: For each hour worked, a U.S. worker can produce 4 dozen baguettes, or 2 tonnes of aluminum. Canadian…

A: Comparative advantage refers to a situation where one country or person produces the good at a lower…

Q: 4. Perfect competition is a hypothetical market form associated with neo- classical economic theory.…

A: An  market is a collection of systems, institutions, processes, social relationships, and…

Q: pls explain if marginal product function (i.) and (ii) are either convex or concave? what is their…

A:

Q: $1,000 $1,000 2T $500 $500 4 3. ΕΟΥ ΕΟΥ 3T

A: * SOLUTION :-    Given that ,  Interest rate i = 15%

Q: where quantities are in millions of bushels and prices are in dollars per bushel. (a) Assume that…

A: In this question, Qd=2100-125P Qs=600+175P The market equilibrium, the point where a producer should…

Q: Consider the following bivariate linear regression model y = a+3x+u. Suppose that E[u|x] # 0 and…

A: x : Endogenous variable z: Instrument for x   The IV estimate of B = cov(y, z)cov(x, z) = 0.50.5 = 1

Q: explain the economic meaning of the HR business cycle based on the give-to-get economic duality?

A: The cyclical movement of an economy as it swings from growth to recession and again is known as an…

Q: If Germany has a comparative advantage over England in the production of heavy tractors, this…

A: Comparative Advantage theory is an international trade theory given by David Ricardo.

Q: Closing educational gender gap is broadly considered as economically desirable since ________. a.…

A: There is a gender gap in schooling all over the world which can be a consequence of numerous diverse…

Q: Suppose the demand curve for CoC t-shirts is given by the first and second Table 2-2 and the supply…

A: Market equilibrium is that condition where market Demand is equal to market supply. And market…

Q: You are interested in analyzing how rent controls affect students' housing outcomes. You collect…

A: The linear regression model depicts the linear relationship between dependent and independent…

Q: in the attached diagram, given the domestic demand Dx and supply Sx curves, and assuming a fixed…

A: Trade equilibrium occurs where demand and supply curves are equal. And import quota is the tool of…

Q: Which of the following is not a characteristic of an income-leisure indifference curve? (M income on…

A: An indifference curve basically refers to the graphical representation of all possible combination…

Q: Suppose Jenny has 16 hours per day to allocate between work and leisure and she earns a wage rate of…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Consider the market for lattes. If consumers view cappuccinos and lattes as substitutes, what would…

A: Given cappuccinos and latte as substitutes. Therefore as the price of cappuccinos decreases, the…

Q: 2. The following table depicted a computer manufacturer's total cost of producing computer: Quantity…

A: Quantity Price (TC) FC VC AVC ATC MC 0 500000 500000 0 0 0 0 1 540000 500000 40000 40000 540000…

Q: Discount P1,650 for 4 months at 6% simple interest. What is the discount?

A: Given, Amount (P)=$1650 Time period (T)=4 months Simple Interest (R)=6%

Q: 4. An economist produced the following Lorenz curves for the current income distribution and the…

A: