An economist sees the weekly job finding rate and the monthly job losing rate (which is 0,1 and 0,15 respectively) and calculates the unemployment rate. How did he do it? Why could he do it? What pre requisites were in place for him to do it?

Q: If you sell in March a bond future contract for 125 that matures on June 30 of the same year, and at...

A: Rate at which bond future contract is sold in March = $125 Maturity date = June 30 And price at the ...

Q: 4) Suppose that we have the following data for Amazon operations in the US: Sales $469.8B $365.6B Co...

A: GDP of country by the production approach is calculated by with the help of Production and Intermedi...

Q: Suppose a Cobb-Douglas function of two goods. The elasticity of demand for good 1 is -0.3. From this...

A: In the mentioned question, we have been asked if the good 1 elasticity is -0.3 then what we can say ...

Q: What are ecosystem services? Give several examples. Describe ways in which some economists have assi...

A: The monetary value of an asset or service is the amount of money that would be received if it were s...

Q: In a single year, Germany can raise 100 tons of wheat or produce 1,000 boxes of daisies. In the same...

A: Production of Germany: Wheat=100 tons Daisies=1000 boxes   Production of France: Wheat=50 tons Daisi...

Q: Find the present worth of a perpetuity of P 13,500 payable quarterly if money is worth 12% compounde...

A: The term perpetuity means a number of equal payments of money for an indefinite period of time Prese...

Q: As the price of high-definition televisions has fallen over the last two years, more high- definitio...

A: Here, it is given that there is a decrease in the price of high-definition television and at the sam...

Q: Compare and contrast the three major approaches to environmental policy: lawsuits, command-and-contr...

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: In the steady state, _____ consumption per worker is maximized. investment per worker exceeds depre...

A: The concept of steady state is given by the Solow-Swan in their model of economic growth. This model...

Q: (Table: Four persons) The table lists the minutes that it will take four people to wash a car and to...

A: Opportunity cost of washing a car = (Minutes takes to wash a car / Minutes takes to sort & fold ...

Q: Explain how the percentage of undernourished people can have decreased slightly between 2000–2002 an...

A: This can be explained by the population growth. Suppose P is the population and U is the absolute nu...

Q: Which of the following is NOT a common criticism of rationing products? A. Rationing may lead to une...

A: The restrictions that are being set in place and being enforced by the government on prices that cou...

Q: An industry having a four-firm concentration ratio of 25 percent Multiple Choice O approximates pure...

A: There are various structures of the market in the economy including oligopoly, perfect competition, ...

Q: What interest will be owed on your bank on a loan of P25,500 at the end of 3 years, 7months and 20 d...

A: Simple interest refers to the money that is paid on principal. Total amount is the sum of interest a...

Q: Introducing free international trade in the specific factor model expands the set of feasible alloca...

A: International trade refers to the trade between different countries in the international market. It ...

Q: Which of the following is an example of specific reciprocity? Group of answer choices (pick one) A.T...

A: Specific reciprocity is a practice in international trade by which two parties give to each other at...

Q: a. What factors determine the elasticity of resource demand? Ease of resource substitutability, elas...

A: a. The elasticity of resource demand is determined by whether or not the resource has close substitu...

Q: Suppose a government report about a country's employment situation reveals the following data (all v...

A: 1) If the country in question is the United State, these data are obtained from Household Survey. 2)...

Q: Give three (3) reasons that support that EXIM (Export-Import) Banks contributes to the increased Int...

A: Exim Banks are government or semi-government organizations that ensure the protection and progress o...

Q: 1. What are the basic functioning principles of WTO that have an impact on the problems of standardi...

A: To promote economic growth and development, the World Trade Organization (WTO) provides a platform f...

Q: Consider the market for Teslas. The price of gasoline increases and the cost of producing Tesla batt...

A: The equilibrium price and quantity of a good produced in the market are determined by the forces of ...

Q: Which best describes due diligence?     Having a standby amount of cash to open the restaurant.    ...

A: Due diligence is a process that involves doing an investigation, audit, or review to verify facts or...

Q: If a country's domestic price of lumber is below the world price of lumber, the country will likely:...

A: Outflow of goods and services from one country to rest of world, is known as the export. 

Q: If mpc = 0.8 and the additional income is P12,000, how much is the additional consumption? How much ...

A: MPC, marginal propensity to consume is the proportion of change in consumption spending due to chang...

Q: (Figure: The Market for Apple AirPods) Use Figure: The Market for Apple AirPods. Suppose a country o...

A: World price= $120

Q: Consider the Solow model with no technological progress. Aasume that depreciation equals 020, popula...

A: In the mentioned question we have to check whether the golden rule explain the exact condition of th...

Q: Determine the exact simple interest of Php 25,000 for the period from December 27, 2001 to March 23,...

A: Given  Value of money at December 27 2001 P = 25000 Rate of interest r= 10% simple interest. We have...

Q: Question:  Finn is in charge of decorations for an upcoming festival, and he is planning to decorate...

A: Setting up the Lagrange to maximize utility subject to budget constraint 

Q: It is presently the focus of the BSP's monetary policy. * A. price stability B. inflation targeting ...

A: The Bangko Sentral ng Pilipinas (BSP) is responsible for implementing monetary policy in the economy...

Q: How many dollars in subsidies have gone to fossil fuels (oil, coal, and natural gas) for every dolla...

A: Texas's energy demand is changing. Low prices also helped natural gas become the primary energy sour...

Q: Which of the following is NOT a tool of monetary policy? Select one: a. Discount rate b. Reserve req...

A: Monetary policy is used to change the money supply in the economy.

Q: Find and describe an inflation contemporary issue of supply and demand into three paragraphs with em...

A: Demand and supply In an economy there is always a demand for goods and services and the supply of go...

Q: 14. In which form, the largest percentage of national income is earned? A. O Interest income B. O Pr...

A: National Income is the aggregate earning of country's production in the current year which includes ...

Q: Which of the following people would be considered frictionally unemployed? Select an answer and subm...

A:   Meaning of Full Employment: The term full employment refers to the situation under which all the w...

Q: 4. A profit-maximizing firm has cost function C(Q) = 500 + 10Q + 200. 4a.What is the firm's marginal...

A: Answer: Note: we are not allowed to provide handwritten solutions in any case. Given, Total cost fun...

Q: Consider the Solow model with no technological progress. Assume that depreciation equals 0.20, popul...

A: Solow Model is an exogeneous model introduced by Prof Robert M.Solow as an alternative to the Harrod...

Q: You are the buyer for The Shoe Outlet. You are looking for a line of men’s shoes to retail for $79.9...

A: Let selling price =100 then, Profit =45 So, Cost = selling price - profit  =100-45 =55  

Q: A Suppose that we have the following data for Amazon operations in the US: Sales Cost of Goods $469....

A: 4. Calculation of amazon's contribution to gross domestic product :- Net income earned by Amazon = s...

Q: CDO City started a Solid Waste Management initiative in partnership with Tetra Pak Philippines and B...

A: In the mentioned question we have been asked about the profits which are going to be earned when the...

Q: (REAL-WORLD APPLICATION) We practice this because it is a very valuable skill to be able to summariz...

A: Introduction Mob and Rob are two players. They both selling products in the market and both of them ...

Q: On a short bond paper, do what is indicated in the following ileS. 1. Gven the demand function: Qd =...

A: Qd = 50 - 4P (a) demand schedule: Price Qd 1 46 2 42 3 38 4 34 5 30

Q: Suppose a Cobb-Douglas function of two goods. The elasticity of demand for good 1 is -0.3. From this...

A: Price elasticity of demand refers to the percentage change in the quantity demanded of a good induce...

Q: 1. Suppose all firms in a monopolistically competitive industry were merged into one large firm. Wou...

A: Monopolistic competition Monopolistic competition basically refers to a market condition in which a ...

Q: 4. A profit-maximizing firm has cost function C(Q) = 500 + 10Q + 200. 4a.What is the firm's marginal...

A: Please find the answer below. 

Q: Related to the Economics in Practice on p. 509: In Santa Cruz, red feathers from the Scarlet Honeyea...

A: Money is a commodity that is used to buy goods and services.

Q: An increase in the standard of living of citizens of a country can be best measured by the growth ra...

A: Per capita nominal GDP:-                            Nominal GDP per capita=Nominal GDPPopulation Nom...

Q: In today’s economy, it’s harder for workers to get promoted. In 2006, it took an average of 2 ½ year...

A: Generally, inflation and unemployment are major pain points for everyone, producers and consumers al...

Q: titution offect and income effect to c

A: As per the question when there is any demand curve vertically straight this implies the commodity to...

Q: A restaurant in the US imports $5,000 of Belgian beer into the U.S. and sells the beer together with...

A: GDP is the value of final goods and services produced in the economy within a given period of time.