The world's human population is currently at 8 billion people, and the population growth rate is at 0.9 percent. How many years will it take for the human population to double in size? 70 72 74 76 78 80 82 84 86 88
Q: explain Socialism in the world and in the Philippines
A: Economic systems are the frameworks through which a country and its people govern economic…
Q: Dexcon Technologies, Inc., is evaluating two alternatives to produce its new plastic filament with…
A: In the comparison using the approach of present worth (PW) would involve computing the equivalent PW…
Q: Paolo lives in Philadelphia and operates a small company selling scooters. On average, he receives…
A: Explicit cost is the actual monetary cost to run a business. Implicit cost is the opportunity cost…
Q: Alpha Limited is a perfectly competitive firm. The total cost (in dollars) of producing Q per day is…
A: Total cost is the sum of fixed cost and variable cost. Fixed cost remains same at each level of…
Q: Estimates of price elasticity typically range between -0.1 and -.75 with hospital services at the…
A: Inelastic demand refers to the price elasticity od demand where the quantity demanded changes by a…
Q: A hotdog stand owner decides tolower his price from $4 to $3 and sees an increase in sales from 200…
A: Given: QInitial = 200 QNew = 250 PInitial = $4 PNew = $3
Q: The following graph shows an increase in short-run aggregate supply (AS) in a hypothetical economy…
A: Aggregate supply refers to the total amount of goods and services produced by all the firms at each…
Q: You will draw four separate Aggregate-Demand/Aggregate-Supply graphs. Each graph will have one…
A: An AD-AS graph is a macroeconomic model that shows the relationship between aggregate demand (AD)…
Q: 1. Given the utility function U = 1/2 1/3 (a) Determine the value of the marginal utilities (b)…
A:
Q: The world is composed of two countries, Country A and Country B. They use labor to produce two…
A: When talking about Ricardian model, it can be said that this model is useful to determine the way…
Q: . Suppose that Garfield’s wage falls to 1 pizza per hour. Draw Garfield’s new budget constraint.…
A: 4)
Q: Part 1. The figure below shows the market for rides are services during a typical day. Assume that…
A: Price ceiling: A price ceiling is a govt-imposed barrier on the competitive price level of the…
Q: If QD = 20 - p and QS a) $108 b) $72 c) $60 d) $36 = -4+2p, then variable cost is:
A: Equilibrium in the economy is reached where demand is equal to supply.
Q: Under what circumstances a long-run aggregate supply curve would shift either to the right or left?…
A: Aggregate Supply Curve (ASC): The ASC can be perceived as a graphically drawn curve representing the…
Q: Find the consumer surplus. Supply: Q=2P. Demand: Q=100-5P
A: Consumer surplus refers the difference between willingness to pay by consumers and actual price of…
Q: If a new flu vaccine is approved, what will happen to the equilibrium price and quantity of the…
A: The demand curve is the graphical representation of the relationship between the quantity demanded…
Q: Consider Arcadia, a hypothetical country that produces only crab cakes. In 2020, a crab cake is…
A: If you have too much money at a time of high inflation, you will pay inflation tax. Despite the fact…
Q: d. The consequence of a negative GDP gap is that society must forgo goods and services that were not…
A: Gross Domestic Product (GDP) is a measure of the total value of goods and services produces within a…
Q: When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I…
A: The money spent to earn higher income in the future is known as the investment. For the household…
Q: Figure 7-2 Refer to Figure 7-2. With a quadratic production with fixed capital Q=A- BL-CL and the…
A: Given that the labor costs are on the vertical axis and quantity to be on horizontal axis
Q: SOURCE: The following is an excerpt from an appeal from Jules Ferry (a French statesman) to the…
A: An economic motivator is a factor or incentive that influences economic behavior or decision-making.…
Q: Plot the supply and demand curves in MS Excel : Find the market equilibrium price and quantity Find…
A: The equilibrium will be determined at a point where the demand and supply curves intersect. After…
Q: Please answer the following questions thoroughly: Some argue that the price elasticity of demand…
A: Item pricing is essential because it calculates the consumption rate of commodities in an economy.…
Q: What are the latest three months' number of unemployed persons per job opening? Is the data shows…
A: Unemployment refers to a situation where individuals who are willing and able to work are unable to…
Q: A change in which of the following will NOT shift the demand curve for hamburgers? the price of…
A: Introduction Economical demand is a concept that describes a customer's desire to purchase a good or…
Q: All sub-parts and questions have been provided. In the textbook question the chart falls above all…
A: Export: The foreign inward is in the form of export; therefore, the government leads to such…
Q: If the production function is F(K. L) = K 1/3 L 2 /3 , the wage rate is 5, and the rental rate of…
A: Production function shows maximum output that can be achieved by using different combinations of…
Q: (a) Find the optimal allocation (C", L"), in which Robinson Crusoe acts as a social planner. (b) Now…
A: L + R = 10 C = 4√L ……………………… eq ( 1 ) U (C, R) = CR …………………eq ( 2 ) L = 10 – R Put Value Of L In…
Q: 1.27 Construct a cash flow diagram to find the present worth in year 0 of a $400 expenditure in year…
A: Present worth is the value of an expected income stream determined as of the date of valuation.
Q: Paolo and Van are considering contributing toward the creation of a water fountain. Each can choose…
A: It's a problem of free rider where an individual is better off by not paying to the common good
Q: Why would it not be advisable for an exporter to simply require transactions with an importer be in…
A: Requiring transactions with an importer to be in the currency of the exporter's country is known as…
Q: The figure below tells about the loanable funds markets in 2015. Suppose the GDP deflator in 2014…
A: Equilibrium in the loanable funds market is reached at the intersection of demand and supply of…
Q: Type out the correct answer ASAP with proper explanation of the each step. Thank you. Which method…
A: Macroeconomics is the study of entire economies—the branch of economics concerned with large-scale…
Q: this answer was marked wrong
A: In economics a good can be excludable or non-excludable; and rival or non-rival
Q: In the future report of U.S. Gross Domestic Product (GDP) for Quarter 1 of 2023, which of the…
A: Gross domestic product (GDP) measures the money value of all final goods and services produced…
Q: How does global corporations changed the consumption behavior of people?
A: Global corporations have significantly impacted consumption behavior by creating and marketing…
Q: Consumers may not experience the benefits of economies of scale if a natural monopoly
A: A firm experiences economies of scale when the average cost of production falls as the production…
Q: 6. Suppose demand and supply a. What are the equilibrium quantity and price in this market? b.…
A: Price Floor: When the market equilibrium price is quite low then in order to support the suppliers…
Q: An automobile loan of $29,000 at a nominal rate of 4% compounded monthly for 36 months requires…
A: Financial organisations offer loans for the purchase of capital goods since most often people choose…
Q: a) Explain ability bias. b) Discuss the method of using data on identical twins to control for…
A: The rate of return to education or the yield is used in economics to understand the behavior of the…
Q: Suppose Dalia is a fan of young-adult fiction and buys only young-adult books. Dalia deposits $2,000…
A: Purchasing power is a measure of the value of money, taking into account changes in the prices of…
Q: When equilibrium output in a competitive market is at the socially efficient level: a) only market…
A: A competitive market is a market in which many buyers and sellers trade goods or services at a…
Q: Is Green Growth a lie? Describe the meaning of de-growth by Jason Hickel
A: Introduction The phrase "green growth" refers to an idealized course for economic expansion that is…
Q: Give typed explanation Suppose in 2021, the average price level in Pacifica was 100, and that in…
A: PPP (Purchasing Power Parity) is a theory in economics that attempts to measure the exchange rate…
Q: Figure: The Production Possibility Frontiers for Jackson and Tahoe Units of wheat 225 2004 175 150…
A: The Production Possibilities Frontier (PPF) is a graph that represents all the various combinations…
Q: he graph shows a price floor (pflr) that at first happens to lie exactly at the equilibrium price…
A: In the free market, equilibrium price and quantity is determined by the forces of demand and supply…
Q: The demand for dress shoes is represented by the figure below. Using the midpoint formula calculate…
A: The midpoint formula for elasticity is a widely used formula that measures the responsiveness of one…
Q: What does income elasticity of demand mean for insurance companies and medical providers for making…
A: Income elasticity in the case of demand is a tool to measure the change in demand for goods with…
Q: Suppose Left Shoes and Right Shoes were sold separately. a. Do you think the cross-price elasticity…
A: Disclaimer: - Since you asked multipart question, we are solving the first 3 subparts as per…
Q: 50 100 150 25 50 75 Peter's Demand If the price is $1 Claudia's Demand Claudia will buy 150 units…
A: Demand curve shows the inverse relationship between price and quantity demanded. Increase in the…
Ee 311.
Step by step
Solved in 3 steps
- Is Population Growth Bad for the Planet, but it's Great for the Economy?How can technology and interventions in development offset the pressures of population growth? Under what circumstances is rapid population growth beneficial to societies? What are the negative effects of overpopulation?What are some of the costs associated with environmental degradation? How might they detract from economic growth? What are the developmental implications? Why are children more susceptible than adults to health risks posed by their environment?
- 2. Choose 1 country from Latin America, or Africa, or Asia. Find its birth (fertility) rate, death (mortality) rate, and population growth rate in 2021 or 2022. (You can use any source of information but make sure you mention this source in your answer.) Based on the information you find; calculate how many years will it take for this country to double its population.Identify three public policies that can facilitate economic growth in sustainabilityUnder what circumstances is rapid population growth beneficial to societies?
- How is fertility related to population growth?Demographers have been very surprised that total fertility rates have fallen below 2.0, especially because most people in most countries tell pollsters that they would like to have at least two children. Can you think of any possible economic factors that may be causing women in so many countries to average fewer than two children per lifetime? What about other social or political changes?How can we prevent population growth?
- Why has the human population continued to grow despite environmental limitations? Do you think this growth is sustainable? Why or why not?"Assess the economic impact of climate change on agricultural productivity in developing countries. Discuss how varying weather patterns, extreme weather events, and changes in temperature and rainfall could affect crop yields, food security, and rural livelihoods. Additionally, consider the potential for adaptive strategies and technological innovations to mitigate these impacts and promote sustainable agricultural development."Population growth prior to the 1900s was limited by what? What is the world’s population today and how much does it grow each year? The result of rapid population growth is? Describe human population from early times to the present. Why has there been a decline in population in past decades?
