Economics Questions & Answers
- Q: 9. You offer a lottery ticket {$100, .25; $25, -75), i.e., 25% to win $100 or 75% to win $25, to three persons with different utility functions. What maximum price (Pm) each person is willing to pay? Please show each step of solution. Please write... Posted one month ago
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- Q: (9 marks) Phoenix Electricity is the only company providing electricity in City H. What kind of market structure should be used to analyze Phoenix Electricity's production decision? (1 mark) Suppose Phoenix Electricity relies heavily on... Posted one month ago
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- Q: (9 marks) Phoenix Electricity is the only company providing electricity in City H. a. What kind of market structure should be used to analyze Phoenix Electricity's production decision? (1 mark) b. Suppose Phoenix Electricity relies heavily on... Posted 11 months ago
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- Q: 9. Market efficiency and market failure Suppose that the following graph shows a free market equilibrium, with QE as the equilibrium quantity. Supply PRICE Demand QUANTITY the cost of a unit For an output level above QE, the value of a unit to a... Posted 3 years ago
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- Q: 9. There has been a lot of discussion about the European economies that use the euro as their currency. You discuss this with your aunt and uncle in Denmark. They hear that the eurozone (EZ) economies are shrinking, but when they look at the data,... Posted 2 months ago
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- Q: 9- If the indifference curve shows the level of of anindividual: true or false 10- The response or sustituvity of consumers to a change in theprice of a product is known as the price elasticity of demand: trueor false 11- If the price elasticity... Posted one month ago
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- Q: 9. Government Can the government run a deficit in a one-periodmodel? Can the consumer consume more than her disposable income ina one-period model? Why or why not? 10. GE In class we talked that one’s utility functionrepresents this person,... Posted one year ago
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- Q: 9. Generally, a quorum of shareholders exists when shareholdersrepresenting more than ________ percent of the outstanding sharesare present at a shareholder meeting. Multiple Choice 80 50 25 60 70 Posted one month ago
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- Q: 9. Why is Freedom of the press considered a vital tool for the democratic process? 10. Describe the phenomenon of Global Warming. Posted one month ago
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- Q: 9. The fraction (percentage) oftotal income which is saved is called the: a) average propensity to save; b) marginal propensity to save; c) disposable income;... Posted one year ago
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- Q: 9. For each of the following examples, explainwhether it is a case of external or internal economies ofscale: a. Almost all Hermes products are manufacturedin France. b. Apple has its displays mainly made in Japanand some made in Korea. c. All... Posted 2 years ago
- Q: 9- Find the 2 errors in the following text: By the mid-90’s, the Chinese economy had successfullytransitioned from a plan based economy to a market based one. Bythat time the plan based production system had been dismantled andthe country... Posted one month ago
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- Q: 9. How is the equation of exchange used by the Monetarists to determine the income equation, the multiplier, and the multiplier relationship equation? Show the income and multiplier equations for the Keynesians. Also see the IMF's What is... Posted one month ago
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- Q: 9. Employment and Unemployment (15 Points) [Assume that the COVID-19 outbreak has not occurred] The Northern Pulp Mill in Pictou, Nova Scotia shut down due to environmental and political rulings. The closure of Northern Pulp Mill has caused several... Posted one month ago
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- Q: 9. A decrease in taxes ________ disposable income, which________ saving activity. A. raises; increases B. raises; decreases C. lowers; decreases D. lowers; increases 10. When real interest rates rise, the opportunity cost ofcurrent spending... Posted 2 years ago
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- Q: 9. COVID-19 has the potential to re-shape the global economicorder. Pick one issue-area covered by the course (e.g., tradepolicy, international reserve currency, MNCs, foreign aid,remittances, etc.) and explain how COVID-19 could alter the... Posted one month ago
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- Q: can I get an explanation for this please 9. Consider the UK automotive sector, where firms with heterogeneous productivity, subject to increas- ing returns to scale, produce a differentiated good and sell it in a monopolistically competitive market.... Posted one year ago
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- Q: 9) Consider a network good with the following utility function for each individual: U(O) = a + v ne, where DE 0,1] follows a uniform distribution and represents the taste of the individual for the good network. Each individual has a different ; The... Posted one year ago
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- Q: 9. Consider the market for textbooks in the graphs on the following page. On the graph there is a demand curve, a marginal cost curve, and an average total cost curve. a. If this market were perfectly competitive, how many textbooks would be... Posted 9 months ago
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- Q: True or false: 9. When a central bank sells foreign exchange they decrease their monetary base and cause their currency to appreciate. 10. Fixed exchange rates not tied to a commodity like gold are extremely stable and generally long-lived. Posted one month ago
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- Q: 9. Brian Vargo, an auto repair mechanic who remainsunemployed because he refuses to work for less than $1,000 perhour, is a. counted as part of the labor force and is unemployed. b. considered frictionally unemployed. c. an underemployed worker. d.... Posted 3 years ago
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- Q: 9. Behavioral economics Indicate whether each of the following examples of behavior is consistent with the way the traditional economic framework suggests people should act, or whether it is reserved for behavioral economists to examine. Consistent... Posted 3 years ago
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- Q: 9) Assume firms compete by setting quantities independently andsimultaneously (Cournot). The inverse demand for the hom*ogenousproduct is 𝑃 = 1 − ∑ 𝑞𝑖 𝑁 𝑖=1 , where N is the number of firms.... Posted one month ago
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- Q: 9 Answer both parts (a) and (b) of this question. (a) [8 marks] A fimm needs to use a minivan for three years and has two options. It can buy a minivan now for £20,600 and sell it after three years for a price that will depend on the state of... Posted one month ago
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- Q: 9. Another supply and demand puzzle The market price of calzones in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price decreased because a new... Posted 3 years ago
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- Q: 9. Annie consumes cookies and cups of tea. Which of the following graphs show the price of cookies would affect Annie's budget line? Tea Tea Cookins Tea Tea 10 20 30 01020 Cookies Cookies Posted one month ago
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- Q: 9 of 9 QUESTION 3 a) If a bank is falling short of meeting its capital requirements by Si million, what three things can the bank do to rectify the situation? (3 marks) b) What are the two basic causes of financial crises in emerging market... Posted one month ago
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- Q: Please answer all the questions 9:51 AM Fri Apr 3 . 100% Posted one month ago
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- Q: 9:41 - Yov A 4. Howard has arrived at Memorial and is trying to figure out how to supplement the generous $50 weekly allowance (A) he still gets from home. The amount of leisure time he has left after necessary activities like sleeping and studying... Posted one month ago
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- Q: 9. 4 point(s) An economy functions according to the Solow model. The production function is Y=KO,750,25. The savings rate is 20% and the depreciation rate is 5%. a) (2 point) In the starting year the capital per worker is 81 and all the savings are... Posted one month ago
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- Q: 9-35 Consider four alternatives, each of which has an 8-year useful life: A A $100.0 12.2 B $80.0 12.0 C $60.0 9.7 D $50.0 12.2 Cost Uniform annual benefit Salvage value 75.0 50.0 50.0 0 If the MARR is 8%, which alternative should be selected? Solve... Posted 3 years ago
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- Q: 9. (32 pts.) Pandemic and AD/AS. The current health crisis has impacted the US economy in several and profound ways. In this question, you will focus on its impact on the production costs. In particular, consider the recent increases in the cost of... Posted one month ago
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- Q: please explain productive efficiency and how it relates to theppc 9:32 Lil LTE | + Posted one month ago
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- Q: 9. In 1930's, government spending accounted for approximately 10% of total GDP. (2 pts.) a. In 2017, how much of GPD was due to government spending? b. In your opinion, do you feel that government has overreached their responsibilities?... Posted one month ago
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- Q: 9:191 Posted one month ago
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- Q: Explain in your own words why the monopoly firm does not necessarily choose the highest possible price when it offers its output for sale. How does it choose its price? 8. a. Monopoly is referred to a market situation in which there is single seller... Posted one month ago
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- Q: 9 10 11 12 13 14 15 16 17 QUESTION 6 20 points If the unemployed in North Sax is 1600, and full-time employment is 5000, and there are 400 part-time employees. There are 500 out of the labor force. Calculate the following:(Show all equations that you... Posted one month ago
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- Q: 9:07 AM Sat Apr 25 Posted one month ago
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- Q: 8pts Illustrate and explain how fiscal policy might be used to dealwith the crisis you modelled in the previous question. Can fiscalpolicy do a good job of fixing the problem? What are some practicalproblems or consequences of implementing fiscal... Posted one month ago
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- Q: please explain the answers 89. If a monopolist were to produce in the inelastic segment of its demand curve A. total revenue would be at a maximum. B. marginal revenue would be negative. C. the firm would be maximizing profits. D. it would... Posted 2 years ago
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- Q: jD, E and F please! Thank you! 8.5 Half the workers in a labor market are women, and the other half are men. All firms are identical: they have the same production functions, and they are operated by employers with a common discrimination coefficient... Posted one year ago
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- Q: 84. What are the differences between the long-run equilibrium of a perfectly competitive firm and the long-run equilibrium of a monopolistically competitive firm? Unlike perfectly competitive firms, in the long run monopolistically competitive firms... Posted 2 years ago
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- Q: 8.3 Men and women are equally productive, but some employers discriminate against women. The table below lists the discrimination coefficient of each of five employers. EMPLOYER RESERVATION WAGE RATIO RESERVATION WAGER Al's Auto Body 0.000... Posted 2 years ago
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- Q: 8.3 Consider the following Keynesian model: Consumption: C = 200 + 0.7Y. Lump-sum tax: To = 50 Proportional Tax Rate: t = 0.2 Government Expenditure: G = 435 Planned Investment: 1 = 300 Exports: X = 100 Imports: M = 0.06Y Yd: Disposable Income... Posted 2 years ago
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- Q: An $8200 investment returned S2000 per year over a 5-year . try (6%,, 8%) to calculate rate of return = Ο 7.6% 8% 7% Ο Ο Ο Ο Ο Ο Ο 6.3% 7.3% 6.85% Posted 2 years ago
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- Q: Can you explain it with someelaboration? Thank you!! 8.2 The local government of a city has to build a bridge to connect the city with another big city nearby. This government has to bear all the construction and maintenance costs. There are two... Posted 2 years ago
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- Q: 8.16 Consider the following model used to explain gasoline consumption per car in Germany and Austria for the period 1960–1978: In(GAS) = B. + B2In( INC) + B3In(PRICE) + B.In(CARS) + e where INC is per capita real income. PRICE is the real... Posted one year ago
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- Q: 8.12 In the file pubexp.dar there are data on public expenditure on education (CE) gross domestic produci (GDP), and population (P) for 34 countries in the year 1980. It is hypothesized that per capita expenditure on education is linearly related to... Posted 2 years ago
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