If a country was growing at a rate of 4% per year how long would it take that country to double its income: a. 20 years b. 12 years c. 17 years d. 35 years

Q: What are the pressures that encourage MNEs to establish in newly industrialising countries?

A: Factors that have been encouraging MNE;s to establish and expand in the industrialized countries are...

Q: Discuss wether all firms in a country will welcome a change in people’s income.

A: Income plays a crucial role in deciding the purchasing power of individuals in an economy. The highe...

Q: John Mill suggests that governments should promote the development of virtues that tend to increase ...

A: John Mills beliefs has bene on the moral theory also referred to the utilitarianism and it is the ac...

Q: Are comparative population health outcomes of the U.S. and Mexico very different? Comment and explai...

A: A inquiry printed in this year, the lancet discovered in Mexico's Healthcare Access. The quality ind...

Q: ountry of Economica's GDP deflator and nominal GDP in three different years are shown in the table. ...

A: Here we have to find real GDP .

Q: 4. Assume that the PF for wine is: Qwine = T0.5 * log(Lwine) and for laptops is: Qiaptop log(K) * lo...

A: Question4:   opportunity cost: dQwinedLwinedQlaptopdLLaptp = T0.5Lwinelog(K)Llaptop = T0.5* LlaptopL...

Q: s 221-engineering economics. please give detailed and correct answers. I will report to bartleby tho...

A:   Annuity is the series of equal payments take place at the end of each period called ordinary annui...

Q: Planned economies are economies wherein the market is the primary mechanism of resource allocation. ...

A: Planned economies represent an economic system where production and allocation of goods takes place ...

Q: 11. Consider the growth model diagram below. If an economy starts with 12 units of capital (labeled ...

A: At 12 units of capital, I>dK. Since investment is greater than depreciation, the economy grows.

Q: In the Solow model with production function Y = K3 L0.7 which of the following saving rates minimize...

A: The Solow–Swan model, sometimes known as the exogenous growth model, is a long-run economic growth m...

Q: In the graph, producer surplus is equal to P. 10 D 6. $12 O $30 O $54

A: Given

Q: Consider an economy in which all taxes are autonomous and the following values of autonomous consump...

A: Since you have posted multiple subparts, as per the guidelines we can solve only the first 3 subpart...

Q: What is unemployment, it's types, and and socio-economic impact of unemployment? What are different ...

A: Socio-economic impacts include the impacts that a situation does on the social environment and econo...

Q: A firm lowers the price it charges. The firm's total revenue decreases. What can we conclude about t...

A: please find the answer below.

Q: Rewrite it

A: The article is about the PPF. PPF refers production possibility frontier, which is also known as the...

Q: Explain why price moves towards equilibrium in a free market and why the equilibrium price may chang...

A: The free economy is the economy where no restrictions are imposed on the production activities and m...

Q: In 1932, U.S. manufacturers, which used to enjoy steady relationships with their foreign distributor...

A: Answer- "Thank you for submitting the questions. But,we are authorized to solve one question at a ti...

Q: If a higher price for good X causes a decrease in the demand for good Y, the cross elasticity value ...

A: The cross elasticity of demand is AN economic conception that measures the responsiveness within the...

Q: Suppose that each firm in a competitive pizza market has the following identical cost:  Total cost: ...

A: Given Total cost function of each firm  TC=25+1.5Q2             ... (1) Demand function Q=120-P or P...

Q: The quantity demanded of frozen strawberries decreased from 1,800 to 1,550 when the price of fresh s...

A: Cross elasticity of demand refers to the percentage change in quantity demanded  of one good due to ...

Q: QD = 100 – 2p QS = 2p – 20  Find the domestic market equilibrium. Graph the impact of opening to i...

A: 1) To find the domestic price equilibrium first we need to make the quantity supplied equal to the q...

Q: Heckscher-Ohlin Model - Example Please, provide and briefly explain an example of 2 countries, whose...

A: The nations around the world tend to have a limit to the amount of resources which they have, while ...

Q: The purchaser of a car paid $10,000 cash and agreed to pay $3000 at the end of 6 months for 10 years...

A: Time value of money is the value of money at a certain point in time. The present value of future pa...

Q: See the information provided in the table below: Commodity Original Price New Price Original demand ...

A: Commodity A: Original Price New Price Original Demand  New Demand 10 11 50 45 Price elasti...

Q: 7. If demand is inelastic and the price falls, the total revenue A. rises. B. falls. C. remains cons...

A: The demand is inelastic when percentage change in the quantity demanded is less than percentage chan...

Q: 3. Suppose the MPC is 0.8. The government wants to decrease Total Spending by $600. How should it ch...

A: GIVEN   MPC = 0.8 decrease in Total spending = $600 (ie. ΔAD) Change in G to achieve (ΔAD=$600) goal...

Q: Offshoring of Goods and Services – End of Chapter Question Consider the model of a firm that produce...

A: Step 1: Total costs (TC) in components and R&D consists of payments to capital and labour (High ...

Q: How a moderate leftward shift in the supply curve is going to affect total revenue generated at a ma...

A: please find the answer below.

Q: this question has three questions . What proportion of this country’s total gross capital formation ...

A: The current account deficit is the difference between the value of imported goods and services and t...

Q: which statement is correct Dora visits a clothing store to buy new dress suit. She is willing to pa...

A: Disclaimer :- as You posted multipart question we are supposed to solve the first 3 questions only a...

Q: he Additional Insured—Vendors (HO 07 51) endorsement to a homeowners policy extends the definition o...

A: An additional insured means in a liability policy broadens the inclusion past the named safeguarded ...

Q: Two chemical companies, A and B, operate in a small New England town. Every week A releases 40 gallo...

A: Hi! Thank you for the question as per the honour code, we’ll answer the first question since the exa...

Q: In the graph, if the government sets a price floor of 90 75 50 25 10 D 200 500 800 O shortage of 600...

A: Price floor refers to the legal minimum price that can be charged for a good. 

Q: Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income...

A: please find the answer below.

Q: The following diagram represents an economy in whích total factor productivity z increa PPF2 C2 PPF ...

A: Substitution Effect : The substitute effect can be explained as the change in the quantity purchased...

Q: These are products or services that are desired by human and will be purchased if money is available...

A: People will prioritise their desire for goods and services on the basis of their importance, availab...

Q: If a rightward shift of the supply curve leads to a 6 percent decrease in the price and a 5 percent ...

A: Given: Percentage change in quantity demanded=5% Percentage change in price=6%

Q: Albert Einstein once noted that, "Compounding of interest is one of humanity's greatest inventions"....

A: Formula for quarterly compound interest is as follows, F = P * [ { (1 + r/4)n*4 – 1 } / r/4 ]

Q: Suppose that at the equilibrium price of $50, the equilibrium quantity is 400 units and consumer sur...

A: Market is in equilibrium when demand for goods and supply for goods are equal at certain price level...

Q: Which of the following statement is true? A. Marginal Utility is the additional satisfaction gained ...

A: As per the law of diminishing marginal utility, the value a customer is ready and able to pay for th...

Q: In the graph, which price would allow for a binding price ceiling? P. 16 12 5. D 20 40 60 O $5 O $8 ...

A: Binding price ceiling is the upper limit on the price which is lower than the market  equilibrium pr...

Q: If a labor union is a sole supplier of labor in an industry, by negotiating with the firms in the in...

A:  A labor union is an organization that works for the collective benefits of its members who belong t...

Q: an you ar Suppose that the monthly demand function of a particular commodity is given by P= 200 -0.4...

A: Demand and supply are the two main forces that run the market and decides the equilibrium price.  

Q: Income Expenditures 0 100 100 150 200 200 300 250 Refer to the table above to answer the following...

A: AE is shows aggregate  expenditure in the economy, some of which is autonomous and some is induced.

Q: 3. Howard consumes only two goods. An economist has collected the following data on Howard's consump...

A: Paul Anthony Samuelson, an American economist, introduced the concept of revealed preference in 1938...

Q: The following table contains data for a hypothetical closed economy that uses the dollar as its curr...

A: GDP is the sum of consumption, investment and government spending in a closed economy.

Q: What would be the effect of ANWR production on the world price of oil given that e -050. n=0.40, the...

A: To determine the post-ANWR long run linear supply function, follow these steps: Step 1:Rewrite the p...

Q: Which of the following statements is false? A firm’s costs are usually higher in the long run than...

A: Each firm has two types of cost, fixed cost and variable cost. In the long run there is only variabl...

Q: Below is Econbank's balance sheet. Assets Liabilities and Owners' Equity Reserves $100 Deposits $800...

A: please find the answer below.

Q: A čompany is planning to install wind power plant for running its factory located in the middle east...

A: PRESENT WORTH ANALYSIS IT IS THE PRESENT VALUE OF ALL THE CASHFLOW PERTAINING TO THE PROJECT. OR IT ...