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Economics
September 2019
Economics questions and answers in September 2019
Could you please explain how to find the correct answer for these questions? 8) In the system of equations below, x and y are variables and f is a parameter: 2x - yt - 3t = 0 ty = 9t - x a) Find all t...
5) a) Use the definition of linear independence to check whether the vectors uj, u2, and u; below are linearly independent: 4= 0 K: = b) Using any method you prefer, check whether the following three...
7) In the macroeconomic model below, Y' is aggregate output, C is aggregate consumption, / is aggregate investment, / is interest rate, Go is government spending, Mo is supply of money, and t is tax ...
4) Consider an arbitrary.r an man-ix A and use Laplace expansion to show that if matrix B is equal to A except that row 1 is replaced with the sum of rows 1 and 2, then |BI=|A|. (HINT: Use the proper...
2) In the macroeconomic model below, Y is aggregate output, C is aggregate consumption, / is aggregate investment, r is interest rate, Go is government spending, Mo is supply of money, and is tax rat...
1) Show that the identity matrix is the only idempotent n x n matrix that is invertible.
6) Using any method you prefer, find all values of t such that the vectors vi', v2', and v;' below are linearly independent: VI' = [3 -2 4] V2' = [1 5 { ] V3' = [0 1 0]
Subject: Business in asia ecx 3550 Please provide a complete answer worth 10% and do provide examples based on asia countries. Thanks 1. What is entrepreneurship? How is the Schumpeter's view being di...
In the Solow model , if k = 8 , y = 24 , and s = 0.25 , what is c ?
What are the differences between portfolio theory and liquidity preference framework?
3. Interface, Inc., is discussed in Strategy Highlight 5.1. It may seem unusual for a business-to-business carpet company to be using a triple-bottom-line approach for its strategy. What other indust...
1. Domino's Pizza has been in business more than 50 years and claims to be "#1 Worldwide in Pizza Delivery" with over 13,000 locations. Visit the company's business-related website (www.biz...
What is the difference: constant returns to scale, increasing returns to scale, decreasing returns to scale
Tim has preferences represented by the utility function U ( x , y ) = min{6 x + y , x + 2 y }. If x is on the horizontal axis and y is on the vertical axis, what is the slope of his indifference curve...
The break-even point for a profit model is 400 units . Fixed cost relevant to the decision is $ 60,000 . The contribution margin is :
Ambrose has the utility function U ( x 1 , x 2 ) = 4 x 1/2 1 + x 2 . If Ambrose is initially consuming 64 units of nuts and 10 units of berries, then what is the largest number of berries that he woul...
Assume that there are 2 firms, firm A and firm B, who are selling homogeneous products and competing in prices. Firm A is a new entrant and firm B is an incumbent which has 'η' numbers of loyal consu...
Firm 1 and firm 2 produces homogeneous information goods and compete in price. They face the same and constant marginal cost of production, that is MC_1 = MC_2 = $1 . Below are their demand functions:...
How do you explain the popularity of countertrade? Under what scenarios might its popularity increase still further by year 2027?
What are the differences between portfolio theory and liquidity preference framework?
The Ali Baba Co. is the only supplier of a particular type of Oriental carpet. The estimated demand for its carpets is Q = 112,000 − 500P + 5M where Q = number of carpets, P = price of carpets (do...
The El Dorado Star is the only newspaper in El Dorado, New Mexico. Certainly, the Star competes with The Wall Street Journal, USA Today, and The New York Times for national news reporting, but the Sta...
how to calculate question 6 and 7 please give me a equation.
1) suppose an industry-wide survey resulted in the demand and supply schedules for country-music CD's presented in this table P Qp (Millions) Qs (Millions). $9 100 40 $10 90 60 $11 80 80 $12 70 100 $1...
A. Year 1: Customers will buy insurance if their anticipated health claims are greater than the premium Let's say in the first year, all 100 people purchase the insurance plan. What is the highest pr...
Suppose that the yen 1-year interest rate is 2%, and the dollar 1-year interest rate is 0.5%. The current spot exchange rate is 100U/$, and the 1-year forward rate is 98U/$. Does the covered interest ...
This year Bob sells 5 houses for a total of $3.69 million dollars. He earns a 5.35% commission. All of these houses had been previously lived in. As a result of these transactions, GDP will increase b...
En raison de la forte croissance de la demande d'uranium, un consortium de compagnies dirigé par la société Cameco ira de l'avant avec le développement de la mine d'uranium Cigar Lake en Saskatche...
What will be the effect of positive unplanned investment ?
Corporate shareholders are best protected from incompetent management decisions by
suppose that with a certain amount of resources and given a certain of time, Canada can produce at most 40 barrel of maple syrup ( with none of the resources going into the production of corn) or 200 ...
1. Why did the emergence of the market economic system take so long? When it did emerge what were the central questions and concerns raised by those who sought to "make sense of it" from both moral ...
1. Prior to Adam Smith's TMS (The Theory of Moral Sentiments) and WON (The Wealth of Nations), there were attempts to make sense of the new, emerging economic system characterized by decentralized dec...
3. The graph below shows a typical worker's indifference curves and budget constraint. You will analyze the impact of a wage decrease from w to w' a. As you know, the maximum amount of market goods t...
Assuming that the price effect (or the value effect) dominates the volume effect, the current account balance will decrease if A) the real exchange rate appreciates. B) the real exchange rate deprecia...
Kevin owns a country property that he purchased in 1967 for 30,000 the property was worth 25,000 at the end of 1971 he sold it this year for 155,000 Kevin does not use the principal residence exceptio...
1) Governor Franklin has decided that society is devoting too much of its scarce resources to public education. This suggests that Governor Franklin believes the marginal benefit of the last dollar sp...
Richland's real GDP per person is $10,000, and Poorland's real GDP per person is $5,000. However, Richland's real GDP per person is growing at 1 percent per year, and Poorland's is growing at 3 percen...
In some companies, managers are rewarded based on the engagement scores of their employees. What are the advantages and disadvantages of doing this? What are possible alternatives, and what would th...
Suppose that there is one risk free asset with return rf and one risky asset with normally distributed returns, r ∼ N(μ,σ^2). Show that the mean-variance utility function is equivalent to the CARA...
Show that Pr(X = x; Y = y) = Pr(X = x) Pr(Y = y) if X and Y are independent. HINT: use the deÖnition of condition densities If X and Y are independent, show sigma xy = 0: Hint: Write out one of the f...
What is involved in counter-cyclical fiscal policy ?
1. Consider an extension of #7 in HW 1. Suppose that a consumer can earn a lower wage rate for working overtime. That is, for the first q hours the consumer work, he or she receives a real wage rat...
Consider the binomial distribution with $n= 5 $ and $\pi= 0 . 3 $ hence $X\ in \{ 0 , 1 ,\dots, 5 \}$ (this question is worth 4 marks). i. Calculate the mean and variance of the distribution using the...
Thank you in advance for your help :) Figure 8-12 12 11 10 + Supply Demand 5 10 15 20 25 30 35 40 45 Refer to Figure 8-12. Suppose a $3 per-unit tax is placed on this good. The per-unit burden of the ...
Drought cuts the quantity of wheat grown by 2 percent. If the price elasticity of demand for wheat is 0.5, by how much will the price of wheat rise? If pasta makers estimate that this change in the pr...
Why the tepid response to higher gasoline prices? Most studies report that when U.S. gas prices rise by 10 percent, the quantity purchased falls by 1 to 2 percent. In September 2005, the retail gasoli...
B. [2 points) Suppose that the costs of production for all firms fall by $300. How would this change the market equilibrium price and equilibrium quantity? Why? In addition to a short explanation, pl...
Can you help me with this one please? Figure 8-15 Price Price 16 + Panel (a) 16 Panel (b) 15 15 - 14 + 14 + 13 + 13 + 12 12 + 11 11 + 10 10 Supply 9 - 8 - Supply W W Demand Demand 8 Quantity 8 Quantit...
Can you please help me with this one? Figure 8-4 The vertical distance between points A and B represents a tax in the market. T Price 15 + 14 - 13 -+ 12 + Supply 11 + 10 + 0 8 6 - S . B 3 2 - Demand 5...
Consider an individual with $5000 of annual nonlabour income. She has total available time of 80 hours a week, for 52 x 80 = 4160 hours per year. Her current wage rate is $15.00 per hour and she curre...
Tonya consumes 10 boxes of Ramen Noodles a year when her yearly income is $ 40,000 . After her income falls to $ 30,000 a year , she consumes 40 boxes of Ramen Noodles a year . Calculate her income el
Calculate the activity cost per unit of activity driver if the activity cost is $ 3500 , the activity driver is the number of batches and the total quantity of the activity driver is 1750 batches .
Help! Please! QUESTION 11 Figure 8-13 12 Supply 11 10 - Demand 5 10 15 20 25 30 35 40 45 50 35 60 8 Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The tax causes t...
Sally, a college student at UConn, earns $10 per hour working at Dog Lane Cafe. Her parents also give her $100 per week to help with expenses. Lately, Sally's parents have been concerned about her gra...
Sally, a college student at UConn, earns $10 per hour working at Dog Lane Cafe. Her parents also give her $100 per week to help with expenses. Lately, Sally's parents have been concerned about her gra...
$700 will be the highest point of the y axis 6. Sally, a college student at UConn, earns $10 per hour working at Dog Lane Cafe. Her parents also give her $100 per week to help with expenses. Lately, S...
How can I solve this problem, I got a 70 but not correct at all.
The graph below shows a typical worker's indifference curves and budget constraint. You will analyze the impact of a wage decrease from w to w'. Market Goods ($) so 11 16 —>- Hours of Nonmarket T...
I have an exam tomorrow in advanced development economics, and I'm a little confused how to calculate the gini coefficient by hand. I understand that you start with a data set and sort it by income. T...
Which would be the best way for a government to encourage economic growth?
Let Zm denote total output of single men, Zf total output of single women, Zmf total output of marries households, Sf wife's share of Zmf and Sm husband's share of Zmf. Sf Below is supply and demand g...
could you also explain how to find n* and Sf*? Let Zm denote total output of single men, Zf total output of single women, _Z_m_f total output of married households, Sf wife's share of me and Sm husb...
Can you please help me with this question? Figure 8-4 The vertical distance between points A and B represents a tax in the market. u—ww-h 510152025303S'0{55055606$?0?58085 0103159 Refer to Figure ...
The data is in the file YieldCurve.xlsx If you look in the tab "DataFromFred" you can see the data as downloaded from the "Fred" website. This is a great source of economic and financial data for ...
A new firm enters a market which is initially serviced by a Bertrand duopoly charging a price of $ 30 . Assuming that the new firm is equally as efficient as the incumbent firms , what will the new pr
By calculating the relevant variables, complete Table 2. Explain using economic intuition why the open economy equilibrium ratio of the price of wheat to the price of cloth is higher in Case 1 than in...
his is a computational question on the Classical model of trade. Its primary purpose is to clarify absolute advantage and comparative advantage and demonstrate the individual household welfare e↵ect...
Question - Your elasticity of demand for tea is -0.25. If the price of tea drops by 10% due to recent production increases, what is the expected impact on your tea consumption? A.Quantity demanded in...
10. Which of the following would indicate a relatively large amount of market power? Highly price elasticity demand Low cross—price elasticity with other products Low Lerner index all of the above n...
1. Assume that the demand for real money balance (M/P) is M/P = 0.6Y -100i , where Y is national output and i is the nominal interest rate. The real interest rate r is fixed...
Under a welfare plan, poor people are given a lump-sum payment of $ L . If they accept this welfare payment, they must pay a high tax, v = 1/2, on anything they earn. If they do not accept the welfare...
An Italian firm is considering selling its line of coin-operated cappuccino machines in the U . K . The business risk will be identical to the firm 's existing line of business in the euro zone , the
Consider the market for a component in industrial machines that we will call "mechanical joints." Mechanical joints come in two types, "perfect" joints, which never break, and "defective" joints, whic...
How do I find the change in the core inflation rate from 2018 to 2019? and how do I find the correlation coefficient between the unemployment rate and the change in the CPI core inflation rate for ...
A colleague presents you with data on price and quantity in the market for Indium. Indium is a metal used in the construction of at panel screens, such as LCD and LED televisions and monitors, and is ...
Examine the market for a commodity (i.e., a homogeneous product) traded among many independent firms and consumers in North America. Assume that firms can move their product freely across national bor...
How do I find the correlation coefficient between the BAA-AAA corporate bond interest rate spread and the real GDP growth rate for the years 1961-2019?
Jake has a before-tax wage of $10 and pays an income tax of 20 percent, so t=.20. Show his budget constraint for work and leisure for one day. Suppose Jake's before-tax wage decreases to $8, but tax r...
Later this week , you are traveling from the U . S . to Canada for a week 's vacation . This morning , you exchanged some U . S . dollars for Canadian dollars in preparation for that trip . Which one
Discussion Questions 1. What kind of experiment could a firm conduct to determine the demand curve it faces? 2. Suppose the government wants to discourage consumption of some good (such as cigarettes...
Discussion Questions 1. Our analysis of consumer behavior focuses on how to maximize the well-being of individual consumers. What alternative objectives might we consider? 2. How can we analyze commo...
Someone please help me solve these. I did them myself but i keep getting the wrong answer and I don't know why. Problem 3 Suppose a small firm hires two types of labor: blue-collar workers (E1) who ha...
For a given set of data and a regression equation, the greater the R-square:
All of the following are suitable reasons why Target entered Canada except :
Consider the following model with only the constant as a regressor: yi = B+ci, i=1, . .., N ci is iid with E(ci) = 0 and Var(ci) = 02. Compute the OLS estimator, Bots, in the two following ways: 1. M...
In this session we cover the basics of game theory and then apply the theory to explain the workings of oligopolistic markets. We begin with the study of Nash equilibrium in one-shot, simultaneous-mov...
You work for a development company that has its operational base in Christchurch (New Zealand) but with branches in the major cities of New Zealand. The total investment portfolio of your company is e...
The following table shows the total output per hour produced in a factory at various levels of employment of labor. The firm sells each unit of output at $2 and each worker is paid a wage of $12. W...
PBMs Pharmaceutical Benefits Managers or PBMs are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (list of drugs that insurance will cove...
Compatibility Microsoft and a smaller rival often have to select from one of two competing technologies. The rival always prefers to select the same technology as Microsoft (because compatibility is i...
This problem involves constructing a graph in FRED, copying the graph to a Word document, and analyzing the graph by typing your text under the graph in a Word document. This problem involves construc...
r. and Mrs. Ward typically vote oppositely in elections and so their votes " cancel each other out. " They each gain two units of utility from a vote for their positions (and lose two units of uti...
While transformational leaders rely on their charisma, persuasiveness, and personal appeal to change and inspire their companies, what methods do transactional leaders use?
1. Key findings of the RAND Health Insurance Experiment (HIE) include (choose all that apply):
what those answers are? (8 pts) 4. You have decided to open a restaurant and need to borrow fi'om your sister. In exchange for a lump sum today, you offer to pay her $2500 in one year's time, $3500 i...
50) The price elasticity of demand for movies is approximately 1 and 500,000 tickets are sold per day. If the average price of a movie ticket increases by 20 percent, the number of tickets sold each d...
What is the quantitative decision rule for the net present value method ?
what the answers here are? Draw the timean for each of the following problems before you solve them. Indicate clearly the steps iu your calculations and the formula used. Show your work. Indicating on...
How can I do the question like this? The following diagram presents a circular flow model of a simple economy. The outer set of arrows (shown in green) shows the flow of dollars, and the inner set of ...
Can you please help (3) This question will demonstrate the crowding-out effect. (a) What is the shortfall/ deficit when fireworks provision is done pri- vately? The shortfall/ deficit between the priv...
Can someone show me how to solve these because I did it myself but I'm sure if I did it wrong or not? Problem 1 Consider a firm which produces according to the following production function: q=A{¢lE...
Question. Explain your understanding of globalization by giving an actual event whether local or international. Cite one Philippine issue then: a. Give the advantages of the issue b. Give the disadvan...
What is the meaning of "Managing Global Virtual Teams?"
Disgruntled workers who quit their jobs to find a more reasonable boss are ʺ ʺ ʺ ʺ experiencing
Pizza Hut and Papa Jones are the only pizza restaurants in a small town in Kentucky. They compete primarily among each other by advertising their product. Each restaurant must choose spending High or ...
You asked your friends, John and Jim to tell you how much EXTRA satisfactory they get by drinking wine and beer. Their answers are in the table below for the first four glasses of wine and beer respec...
Hi, can you help me solve this? (2) Using the condition for the optimal provision of public goods discussed in class, find the socially optimal amount of fireworks. What can you say about the outcome ...
please explain this in terms of economy Discuss the differences in unemployment rates by gender, age, educational attainment, and so forth, and provide possible explanation for the variations in une...
I am sure you have seen hundreds of similar ads. Why do stores run sales where consumers are encouraged to buy the first unit of a good and get the second unit at half of the regular price? (Hint: Thi...
Good morning, i am so confused on how to solve this question could anybody put me through? thanks Use this information for question 3 to 8. For this part of the assignment, I suggest you work with fra...
You have $91 and must spend it all. The price of A is $8, the price of C is $4, and the price of B is $3 a. If you are a wise consumer how will you spend your money? b. What will be your total satisfa...
Suppose that your friend, Agnes, is currently exhausting her money income by purchasing As and Bs. The marginal utility of the last A purchased was 30 utils and the marginal utility of the last B purc...
Please someone solve this, I missed the class where he provided the answers because I was deathly sick ECON 412 - PENN STATE UNIVERSITY LABOR ECONOMICS AND LABOR MARKETS HOMEWORK 2 Ewout Verriest Fall...
Can you check my answers? Customers Ratings for Sunny's Service 64 16 17 20 Amount of Customers 10 2 5 I O Rating 3. Which of the following is the central tendency value for this data set? A. 5 B. C. ...
Upon getting a big promotion , Sally decides to buy a house in the neighborhood she grew up in as a child . In fact , the house she buys used to belong to a neighbor of hers , and so she 's certain it
An indicator that capital markets were internationally integrated between 1850 and 1913 is
Flanders likes to run long races only. That is, he hates running for less than two hours (each of the first 120 minutes of running make him worse than before) but, after 120 minutes of running, each a...
How is economics relevant in healthcare? who does it impact?
Why is it important for the Federal Reserve to accurately estimate how many people might still be brought back into the labor market as economic recovery continues?
please explain this question I have a hard time to understand
46. Since 1991, annual US CPI-U inflation has averaged approximately a) 0% or lower b) 1% C) 2% d) 3% 4% or more
True or False Standard profit-maximizing theory leaves room for cases where it is both possible and reasonable for a firm to operate at a loss over the long run.
44. During 2007 — 2009, the US unemployment rate peaked its highest since a) The great depression b) 1973 — 75 c) 1982 d) 1991 e) 2003
16. If in year 2020 the real money demand is 500 billion in 1982 dollars, while the nominal money stock is 2.5 trillion in 2020$, what is the equilibrium year 2020 price level? a) 2.0 b) 5.0 c) 200 d...
27. If a 20—year bond has a face value of $1000 and annual compounds of $40, and its yield to maturity is 5%, its price must be a) $1000 b) Above $ 1000 0) Below $1000 (:1) $20000 e) Can't tell fro...
45. During the 2007 — 2009 recession, US real GDP fell by the largest percentage since a) The great depression b) 1944 — 1947 c) 1957 — 1958 d) 1973 — 1975 e) 1981 — 1982
14. If in the year 2020, US GDP is $30 trillion (in 2020 dollars), and the GDP deflator is 600 (In 1987 dollars). What will be the real 2020 GDP in 1987 dollars? 50 billion b) 5 trillion C ) 30 trill...
35. Inflation tends to transfer purchasing power from Nominal debtors to creditors if the inflation is fully anticipated b ) Nominal creditors to debtors if the inflation is fully anticipated C) Nomi...
Suppose a market demand schedule for a resource is P = 200 - 4 Q and the market supply schedule is P = 80 + 2Q. What is the equation for the marginal net benefit curve? Disregarding future time period...
please explain these question to me I found it very difficult
please explain these question, I have a hard time to understand
please explain these questions for better understanding
Please make sure all steps are shown when answering the question above. Thank you! Question 3. A mathematical model and its notation are given below. Considering the given information, answer the foll...
As the program nears the end of development the user may refine the capability development document (CDD) TRUE OR FALSE?
What are requirements manager responsible for providing? 1)feedback from the field 2)identifying operational performance requirements 3)estimating cost and obtaining funding 4)strategic guidance
For a program to receive interoperability certification,how must it first prove its interoperability? 1)during joint interoperability testing. 2)during joint warfighter operations 3)in the field. 4)on...
A newspaper headline reads : `` Fed Cuts Federal Funds Rate for Fifth Time This Year . `` This headline indicates that the Federal Reserve is most likely trying to :
Who is the process owner for the joint capabilities integration and development system (JCIDS) process? 1)service acquisition executive (SAE) 2)functional capabilities board (FCB) 3)joint requirements...
Which document is developed next if the capabilities-based (CBA) recommends a material solution? 1) Doctrine,organization,training,material,leadership,personnel,facilities and policy (DOTMLPF-P)change...
What is the primary objective of the joint capabilities integration and development system (JCIDS)? 1) to ensure technology transfer requirements to the private sector are met 2)to ensure that capabil...
You are the manager of a health clinic that is located in a building owned by four physician partners. The clinic owners hire all the clinic staff, including doctors, nurses, lab technicians, and offi...
Given a demand curve for a drug that reduces the joint pain associated with arthritis, what effect would each of the following circumstances have on the demand or the quantity demanded of this...
Economic theory suggests that as plant size increases, the average cost of production should fall. However, when examining the operation of large health and medical facilities, the opposite is often t...
Extended care facilities are paid on a per diem basis, and they have an upward sloping supply curve. What will be the effect on supply or quantity supplied in each of the following cases: a reduction ...
Improved Access (IA), a local charity devoted to helping inner city residents, has opened a downtown, drop-in medical clinic. The space rents for $3,500 a month (including utilities), and equipment le...
Business in Asia- ECX3550 Please give a complete explanation worth 10% on this and please give examples based on asian countries 1. What is entrepreneurship? How is the Schumpeter's view being differe...
Let the market demand for carbonated water be given by QD = 100- 5P. Let there be two firms producing carbonated water, each with a constant marginal cost of $2. a. What is the market equilibrium pric...
John and Jane are married. The probability that John watches a certain television show is .7. The probability that Jane watches the show is .3. The probability that John watches the show, given that J...
Hi! Hope you are doing well. So, I have this question: What should we use when estimating industry demand for rutabages- the ordinary least-squares(OLS) method or the two-stage least-squares method (2...
please explain this with an example (Macroeconomic equilibrium), please explain with an example (Inflation), please explain with an example
It is expected that a pump will incur operating cost of $ 5,000 for the first year and that these costs will increase $ 500 each year thereafter for the 5 year life of the pump. If the money is worth ...
A man wishes to set aside some money for his son's college expenses and a graduation present. $ 20,000/yr would be drawn from the fund on the son's 17th, 18th, 19th, 20th birthday and $ 35,000 will be...
A portfolio consists of the following two investments: a bond with face value of $100.00 paying annual coupons of 10% maturing in 5 years an annuity with payments of $55.00 at the end of each year for...
What are the likely gains from trade to be had from Tripartite Free Trade Area (TFTA) if it is fully implemented as a common market?What are the likely gains from trade to be had from Tripartite Free ...
Consider a simple search cost model introduced in the lecture. Assume that there are 2 firms, firm A and firm B, who are selling homogeneous products and competing in prices. Firm A is a new entrant a...
Sparking Orange is a company that sells 2 different types of charging cables, premium and regular. The below table shows the maximum willingness to pay of type A and type B consumers and their corresp...
Suppose firm 1 and firm 2, produce homogeneous information goods, compete in price. They face the same and constant marginal cost of production, that is MC_1 = MC_2 = $1 . Below are their demand funct...
Please solve for C,D and E Thank you! 2. Suppose there are only two firms in a region emitting a particular pollutant, E. The firms have the following marginal abatement cost curves; MAC1 = 60 - 3E1 M...
Use the table below to answer the following questions. Wheat Cloth Country (bushels/hour) (yards/hour) A12 B53 1 (2 points) Which country has an absolute advantage in wheat? (2 points) Which country h...
Which of the following inaccurately describes federal reserve requirements? all banks are required to hold a certain proportion of their deposits in the form of reserves. reserves are defined as "vaul...
please explain to me for the better understanding, The differences in unemployment rates by gender, age, educational attainment, and so forth, and provide possible explanation for the variations in un...
Which of the following does unexpected inflation not lead to? inequitable transfer of wealth lower risk premia in borrowing rates a reduction in the information content of market prices
The fundamental identity of national income accounting implies ________ .
Labor unions are some of the strongest proponents of the minimum wage.Yet in 2008, the median full-time union member earned $886 per week, an average of over $22 per hour (http://www.bls.gov/news.rele...
Acquisition Category (ACATs) are divided into categories based primarily on which of the following program categories? 1) cost 2)evaluation. 3)manager 4)schedule
Which of the following Acquisition Categories ( ACAT s) are established for the Navy and Marines only? 1) acquisition Category (ACAT)III 2)acquisition Category (ACAT) IV 3) acquisition Category (ACAT)...
Which of the following instructions designs,produces,upgrades,and support defense systems? 1)exsecutive branch 2)industry 3)congress
Who is the Defense Acquisition Executive? 1)assistant secretary of defense (networks and information integration) (ASD (NII)) 2) under secretary of defense for policy (USD (P)) 3) under secretary of d...
If the Federal Reserve lowers the discount rate , ceteris paribus , the equilibrium levels of funds lent will __________ and the equilibrium level of real interest rates will ___________ .
BGF Corporation buys $ 100 000 of sand , rock , and cement to produce ready-to-mix concrete . It sells 10 000 cubic meters of concrete at $ 30 per cubic meter . The value added by BGF Corporation is :
An automated information system program estimates that they will require eventual expenditure of more than :$520 million (FY 2014) from program inception throught sustainment.what Acquisition Category...
Which of the following is the overarching objective of most central banks around the world? Maximum employment Stable prices Moderate long-term interest rates
Using your answer to Q6 as a starting point, show (on a separate model) Mamata's new optimal choice as a sharecropper. Again, be sure to label and define each of the relevant points and lines on your ...
Please show all work. Thank you! Question 2. An ABC company is a vertically integrated company (both producing and selling the goods in its own retail outlets). After production, the goods are stores ...
Assume 100 people join an insurance pool (a group of people insured through community rating). Based on past experience insuring people in this area and based on the age distribution, the insurance c...
If the denominator activity is less than the standard hours allowed for the actual output , one would expect that :
Consider the following statements: Statement 1 Transactions and precautionary money balances are positively related to overall GDP. Statement 2 Speculative money demand is negatively related to the pe...
(a) Suppose the government is thinking of imposing a sales tax on all brands of cigarettes.. What will be the likely impact of th is tax on the price of cigarettes and who will bear the major burden o...
please help me this question question : Calculate her equivalent variation is it different to the compensating variation you found earlier? Using the demand function, x2 = g and x1 = 32%". Assume ...
please help me this question m ii) Using the demand function, X2 = = and M1 = 2m 3 p2 3p1 . Assume that the initial price of good 1 is $4, i.e. p1=$4, and the price of good 2 is $4, i.e. p2-$4. Find A...
Susan put $ 375 into an account and one year later had $ 405 . What interest rate was paid on Susan ' s deposit ?
please help me this question b) Suppose that Anne's demand function for good 2 is 36;; = 5. Assume that Anne's income is 2 300 and the price of this good is $4. Furthermore, assume that Anne conSu...
please help me this two questions Suppose that Anne's utility function is denoted as: U(X1, X2) = X1X2 Use this information the answer the following questions. a ) i) Anne's utility function is (stric...
anybody have the relevant answer sheet or document of these? please help me. i guess it is already maden question sheets which my professor use 1. Explain why the demand for loanable funds slopes down...
Preferences and utility functions b) Jessica's preferences can be represented by a utility function: U(x, y) = max(x, y). Consider a bundle { x = 10, y = 3} . Draw Jessica's indifference curve conta...
Which of the following is not true about the law of diminishing returns? [1]initially, when more people are employed, people can specialise and total product increases. [2]after specialisation, ever...
Good evening, I'm just starting out my journey in Economics and seeking some guidance on these questions, in particular Q3 and Q4. Question 3 I understand that Stella is finding it hard to ignore the ...
Explain, using a diagram, the various phases of the Business Cycle and consider the roles of each of the elements of Aggregate Demand (consumption, investment and government expenditure) in generating...
Asuming that Aggregate Demand is the sum of consumption expenditure, investment expenditure and government expenditure, construct a fully labelled diagram to explain how the multiplier process works t...
Using appropriate diagrams, explain how cyclical patterns may emerge in a perfectly competitive market. (Hint: Start with an increase in demand for the good). Explain how you could use a 'hit-and-run'...
Professional Accountants , in their fiduciary role , owe their primary loyalty to :
Mr Kiran wrote a European call option on a stock. The premium was Rs 5 per share and the market price and exercise price of the share were Rs 30 and Rs 45 respectively. If on expiry date, the price of...
An investor has sold call option on 500 shares. If the delta of the call is 0.70, then the position could be hedged by going 1) Long on 500 shares 2 Short on 714 shares 3 Long on 714 shares 4 Long on ...
Workers are likely to have more bargaining power to negotiate higher wages with employers if [1] there is an excess supply of labour. [2] they are more skilled. [3] they do not belong to a trade...
Which of the following is not a requirement for a perfectly competitive labour market? [1] large numbers of employees and a couple of employers. [2] workers who can quit one job and move efficient...
Which of the following is not a difference between the goods market and the labour market? [1] the labour market, unlike the goods market, is not a link where buyers and sellers can interact. [2] ...
Use the figure below to answer questions 4.10 and 4.11. The figure shows the short-run conditions of a firm in a perfectly competitive market. The firm is making _______. [1] an economic profit of...
A country has a production function of the form Y=120 SQUARE ROOT OF K, A SAVING RATE OF S= 0.03 AND A DEPRECIATION RATE OF =0.12. What is the country's level of output, depreciation and savings when ...
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