Q: List the ways in which globalization and technology have changed the global economy and the…
A: To begin with, globalization makes it easier for countries to obtain foreign information. Second, it…
Q: 1. Raul has a wall 4 units long and 2 units wide in the Cartesian plane centered on the origin. On…
A:
Q: Assume that you are nearing graduation and have applied for a job with a local bank. The bank’s…
A: *Answer: Time line is a graphical tool that determines the value of cash flows over a period of…
Q: What is the foot-in-the-door technique? How does selfperception theory relate to this effect?
A: The foot-in-the-door (FITD) approach is a compliance strategy that entails persuading someone to…
Q: 103.9 172.2 177.1 179.9 184.0 articular car cost $13000 in 1984, Using the CPI, which is the best…
A: A consumer price index is a cost record, the cost of a weighted typical market crate of buyer labor…
Q: What does Gross Domestic Product mean? Why do we need to use market value GDP? What for do we use…
A: The term GDP means gross domestic product, which the market value of all goods and services produced…
Q: 1. China has a greater GDP value than Canada. Their national GDP is currently 2nd in the world. Why…
A: The measure that depicts the final value of goods and services being produced in an economy during a…
Q: Financial institutions “hedge” to reduce: A. transactions cost B. diseconomies of scale C. risk D.…
A: Answer: Hedging is an investment done to reduce the risk associated with an investment. For…
Q: Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given…
A: Annual demand (D) = 26,000 dozen The cost per order placed (O) = P30 Carrying costs (H) = 20% OF…
Q: 8. (b) Consider the economy given by: U₁ = X11X12 W₁ = (1,0) U₂ = 2x21 + x22 W₂ = (0,1) i) Solve for…
A: Competitive equilibrium is achieved at the point where aggregate demand depending on preference are…
Q: A PlayStation is advertised for $500. A credit plan is offered whereby a deposit of 20% may be paid.…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: Newspaper and government sources often cite `core' CPI, a Consumer Price Index that does not…
A: Center inflation is the modification of labor and product costs, but it does not include food and…
Q: The manager for a company must recommend whether to build a new large facility, medium one, or do…
A: Introduction 1) correct answer: Its correct answer is d) In the decision analysis process: what is…
Q: Why is a monopolist's marginal revenue less than the price of its good? Can marginal revenue ever be…
A: "A monopolist is a single firm which is price maker."
Q: Any risk-averse individual would always (Select all that applies) Group of answer choices a) take…
A: The measure that involves uncertainty about the implications an activity has with respect to a thing…
Q: A project has an initial cost of $50 000, net annual cash inflows of $20 000, and a $2 000 salvage…
A: The external rate of return (ERR) refers to the rate of return on a project in which any "extra"…
Q: The following table shows the average nominal interest rates on six-month Treasury bills between…
A: Inflation is the rise in average genral price level over period of time . Inflation reduces the…
Q: The following table shows the cost of production for a perfectly competitive firm. If the market…
A: In perfect competition there are many firms producing identical goods
Q: 9. The treasurer of XYZ Corp. knows that the company will need to borrow $100 million in one year…
A: Derivative refers to a contract that derives its value from the performance of an underlying entity.…
Q: C) Assume that UK would like to protect its agriculture sector. What measures should the UK…
A: Here, it is given that the UK government wants to protect its agriculture sector due to which it…
Q: Suppose that the typical consumer’s consumption basket changes in 2020, so that he consumes 50g of…
A: The Consumer Price Index measures the change in prices paid by consumers for a predetermined market…
Q: Complete the following table with the quantity of labor supplied and demanded if the wage is set at…
A: Equilibrium in the labor market occurs at the intersection of demand and supply curves.
Q: Explain the statement: “Developing countries tend to exhibit symptoms of both market failure and…
A: Developing country is a type of economy which has low level of industrialization, which is…
Q: 5,000,000 Japanese yen 60 days from now. You decide to hedge your position by selling Japanese yen…
A: *Answer:
Q: (a) If we allow for the possibility of satiation, consumer's budget constraint takes the form px pw.…
A: Walras Law is defined as a general equilibrium theory which states that despite the prices are…
Q: The difference between rich and poor is becoming more extreme, and as income inequality widens the…
A: The unjust distribution of opportunities and resources among the members of a given society is being…
Q: Given the following bids to buy used textbooks to a market, calculate the price elasticity of demand…
A: "Price elasticity of demand measures how sensitive the quantity demanded of a good is to it's own…
Q: Bruno Corporation is involved in the business of injection molding of plastics. It is considering…
A: IRR stands for Internal Rate of Return which refers that which helps in represent the financial…
Q: Suppose that the demand and supply functions for a good are given as follows: Demand: 0-1080-7P…
A: Demand equation: Q = 1080 - 7P => P = (1080 - Q)/7 -----------> eq(1) --------------------…
Q: MM’s Proposition I holds, minimizing the weighted average cost of capital (WACC) is the same as…
A: The firm exists in the market to maximize the profit. The short run objectives might be different…
Q: One of the key reasons for explaining the case for efficient allocation of unregulated resources…
A: When talking about efficient allocation, it can be said that producers and consumers will interact…
Q: n March and April 1980, inflation in the United States peaked at 14.6 percent. What did then-Fed…
A: During his first tenure, Volcker concentrated on lowering inflation and assuring the public that…
Q: - A monopolist has variable costs of VC = q² and faces a demand curve of P = 24- q, where P is price…
A: Price discrimination means charging different price of same goods from different consumer. There…
Q: Refer to the attached Midterm Figure_1. Which of the four graphs represents the market for…
A: Here, the given four graphs shows shift in demand and supply curve in different situations.
Q: Limiting Market Power: Regulation and Anti-Trust Government regulates prices to prevent prices from…
A: When the price is equal to marginal cost, allocative efficiency is achieved.
Q: What are the tools of monetary policy? a) government spending and taxes. b) money supply and…
A: Monetary policy is a set of actions available to a nation's central bank to achieve sustainable…
Q: Q.16 Which of the following can decrease money supply? (i) Open Market Sale (ii) Open Market…
A: The central bank can regulate the money by using various tools. Monetary Policy includes all the…
Q: 9. A machine which costs $100 000 when new has a lifetime of 15 years and a salvage value equal to…
A: Given information: I = Initial investment = $100,0000 S = Salvage Value = $100000 × 20% = $20,000…
Q: QUESTION 2 Which of the following is NOT a potential explanation for involuntary unemployment?…
A: In an economy, involuntary unemployment refers to the situation when an individual actually wants to…
Q: Consider the following data on the GDP of Z-product: i) What was the growth rate of nominal GDP…
A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, I will be…
Q: Suggest solutions to the three major weaknesses of the New Classical Theory.
A: New classical approach Robert Lucas, T. Sergeant, and others developed it in an attempt to change…
Q: If a price ceiling is ineffective and it decreases: Tip: Remember where should the price ceiling be…
A: Price ceiling refers to the legal maximum price that can be charged for a good. Any other price is…
Q: 4. A decorator, who is a monopolist, makes two types of specialty picture frames. From experience,…
A: 4)
Q: Price MC I ATC AVC D I MR 100 190 260 300 400 Quantity Exhibit 10.4 shows the demand, marginal…
A: Here, the given graph shows a monopolistic firm's cost, revenue and demand curves.
Q: Which of the following explains why the owners of used cars tend not to sell them at a low price…
A: In this review, customer suspicion toward new items is characterized as a shopper's propensity to…
Q: 4. (b) There are three people and two goods in an economy. The utility functions and initial bundles…
A: * SOLUTION :-
Q: SHOW SOLUTION AND COMPUTATION An equipment cost P67,000 and has a life of 10 years and salvage…
A: Declining balance method is the method of depreciation in which depreciation is charged on the…
Q: Aggregate labour hours, L, are given by L = 51*(1-t), where 't' is the rate of income tax. The real…
A: In this situation:- Aggregate labour hours=L=51*(1-t) where, t is the rate of income tax Also, the…
Q: Give an explanation to the answer and ensure all the steps are shown.
A: Given:
Q: SA inflation eases slightly in January Inflation eased to 5.7% in January, down from 5.9% the month…
A: Inflation focuses on the quantitative measure of the rate at which the prices of specific goods and…
Step by step
Solved in 2 steps
- According to Table 19.7, how often have recessions occurred since the end of World War II (1945)?1. Referring to the figures below, 1.0 gdp-gth 80 BPERMITS-YOY 0.8 60 0.6 - 0.4 40 0.2 20 0.0 -0.2 -20- -0.4 -0.6 -40 rel. vol. = 9.4 --0.8 -60 -1.0 1970 2000 2010 1960 1980 1990 2020 -8 -6 -4 -2 2 4 6. 8. TIME (year) LAG (quarters) Source: FRED/BEA characterize the relationship between the growth rate of GDP and the growth rate of building permits (BPERMITS-YoY) in terms of the following items: • Timing. • Direction. • Volatility. Include a brief description of each item in this list in your characterization. RATE (%/year) CROSS CORRELATIONGross Domestic Product The U.S. gross domesticproduct (GDP) (in trillions of dollars) for selectedyears from 2005 and projected to 2070 can be modeled by y = 0.116x2-3.792x + 45.330, where xis the number of years after 2000. During what yearsbetween 2005 and 2070 was the gross domestic product no more than $23.03 trillion?
- Suppose a closed economy has a national income of $260 milion. $535 midon in private savings, $200 millon worth of tax evenue, and $150 milion in govemment spenting what is the consumprion expenditure in this economy? Os125 milion Os155 milion OS385 mition Ossa5 milion OS645 milionExpected Rate of net profits 15% Investment GDP Consumption $100 160 $100 12. 40 200 80 300 220 120 400 280 13 160 500 340 200 600 400 Refer to the above data. If gross Investment Is $120, the equilibrlum level of GDP will be Multiple Cholce S370 3400What is a foreign exchange rate? (a) The rate at which the currency of one country trades for the goods ofanother country.(b) The rate at which one country’s goods trade for those of another country.(c) The rate at which currencies of different countries are exchanged.(d) The rate at which one country’s currency trades for gold provided byanother country. Induced consumption is: (a) the part of consumption which is independent of the level of income.(b) the minimum level of consumption that is financed from sources other than income.(c) The maximum level of consumption that is financed from sources other than income.(d) shown by the slope of the consumption function. In the Keynesian model, an introduction of a proportional tax will: (a) increase the slope of the consumption function.(b) reduce the multiplier.(c) increase the equilibrium level of income.(d) increase the multiplier. A decrease in the price level will: (a) shift the AS curve to the left.(b) shift the AD curve to the…
- Production Year 2 50 120 Year 1 $1.00 $0.60 Year 2 $1.20 $0.60 Year 1 Good X 50 Year 3 60 Year 3 $1.20 $1.00 Good Y 100 140 1-Assume that this economy produces onlytwo goods Good X and Good Y. The value for this GDP in year 1 is 2-Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 3 is 3-Assume that this economy produces only two goods Good.X and Good Y. The value for this economy's nominal GDP in year 2 is 4-Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's real GDP in year 2 is 5-Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's GDP deflator in year 1 is 6- Assume that this economy produces only two goods Good X'and Good Y If year 1 is the base year, the value for this economy deflator in year 2 is 7-Assume that this economy producesonlytwo goods Good Iand Good YIf year…Illustrate how can we determine the IRR?point(s) possible The table has data from the nation of Atlantica. Disposable income (trillions of 2012 dollars) Consumption expenditure (trillions of 2012 dollars) 0.0 1.5 2.0 3.0 4.0 4.5 6.0 6.0 8.0 7.5 Based on these data, when disposable income equals $8.0 trillion, there is O A. saving of $0.5 trillion. B. dissaving of $15.5 trillion. O C. dissaving of $7.5 trillion. O D. saving of $15.5 trillion. O E. dissaving of $0.5 trillion.
- Suppose GDP in this country is $5800 million, Enter the amount for investment. Value National Income Account (Millions of dollars) Government Purchases (G) 200 Taxes minus Transfer Payments (T) 260 Consumption (C) 300 Investment (I) Complete the following table by using national income accounting identities to calculare national saving. In vour calculations, use data from the preceding table. National Saving (S) million Complete the following table by using national income accounting identities to calcutate private and public saving. In your calculations, use data from the initial table, Private Saving- malion Public Saving milion Based on your calculations, the government is running a budgetBased on the information presented below, what is the equation representing the saving for this economy? GDP (Y) $0 100 200 300 Cunsumption (C) $60 120 180 240 Oa. S = -60 + 0.6Y O b. S = 60+ 0.4Y O c. S = -40 +0.75Y O d. S= -60+ 0.4Y Saving (S) S-60 -20 20 60 Investment (1) $100 100 100 100Table 2.5.4 from BEA What categories of consumption expenditures have the highest inflation rate between 2012 and 2021? Are there any categories for which prices are relatively stanle or cheaper?
