Question 11 When leakages are greater than injections the economy will

Q: A. Modified TRUE of FALSE. Write T if the statement is TRUE and CHANGE the underline word if the…

A: Storage is the process of keeping the goods, services, energy supplies to be used in future.

Q: in which two firms compete. Firm 1 faces TC1(Q) = 18Q and firm 2 faces TC2(Q) = 9Q. Suppose that…

A:

Q: Which of the following statements is true regarding Unemployment? Group of answer choices…

A: Unemployment is defined as the phenomenon where people who are willing and able to work are not…

Q: A monopolist demand is D = P = $40 - $.25Qm; AC = MC = $5. The profit-maximizing price (P) and…

A: Ans. A. $22.5, Q = 70.        Under the monopolist market, the firm would choose the price and…

Q: As a general rule, the more similar a firm's product is to those of its rivals, the more…

A: Given: The firm's product is similar to that of its rival.

Q: Sean would like to begin planning for retirement. He has received as of his 50th birthday $225,000…

A: Time Value of Money, or TVM, is defined as the concept that the sum of money is worth more compared…

Q: If U(w) w^1/2, wh-100 and wl-36. Let the reservation utility be 7. Further, let p=1/2. Calculate the…

A: Answer;     pX(100)^0.5 +(1-p)X(36)^0.5 = 7 10p + 6(1-p) = 7 10p + 6 - 6p = 7 4p = 1 p = 1/4…

Q: Refer to the graph shown. The equilibrium quantity for the monopolist represented is: MC Price $10…

A: A monopolistic has sole producer of a certain type of a good. So it has downward slope demand curve.

Q: Beef (An Inferior Good) S₁ S2 P D₁ D2 Q Which of the following would best describe the graph above?…

A: Inferior Goods  Inferior goods are those types of goods the demand for which decreases due to an…

Q: 6. Changes in taxes The following graph shows the aggregate demand curve. Shift the aggregate demand…

A: Introduction   Aggregate demand, also known as domestic final demand in macroeconomics, is the…

Q: A government monument is being built that is expected to last forever. The first cost is $7,000,000.…

A: Below I attached complete answer

Q: The average rate of inflation in the United States in the last 100 years is approximately 3.26%. In…

A: 100 year's average inflation = 3.26% Last year inflation = 8.5% Present worth of a future amount or…

Q: 1. Aurora wants to give her daughter Mara a financial gift on the latter's college graduation two…

A: P = F(1+rn)ntwhere P is present worthF is future worth n is compounded duration time t is time…

Q: Elizabeth Swann and her husband consume wine (W) and books (B). Elizabeth's utility function is…

A: Elizabeth's Utility function : Ue = W Endowment : W , B = ( 16 , 5 ) Husband's Utility function : Uh…

Q: why philippines needs the support of UN Sustainable Development Goals?

A: Sustainable development is a type of economic development whereby there is economic development in…

Q: Answer the following questions. (a) Can production satisfy both constant returns to scale and…

A: Economic production is an activity that uses labor, capital, goods, and services as inputs to…

Q: L Q MRPL W TVC 1 15 2 2 108 4 3 36 18. 4 42 32 5 45 6 10 6 5 B The correct value for the blank…

A: Given:  Labor schedule is given.

Q: Suppose you are a manager for a carnival game at the local fair. You want to estimate how many…

A: The standard error of the regression shows how far the observed values deviate from the regression…

Q: 14. Two projects are under consideration. Year A B 0 ($3,400) ($4,500) 1 $2,750 $1,000 2 $2,750…

A: Answer;     Year Cash Flow (A)…

Q: b) Suppose that you are considering investing in a four-year bond that has a face value of $1,000…

A: Given; Face value of bond= $1000Coupon rate= 5.5%Time=4 yearsNet cash flow=5.5100×1000…

Q: Refer to the figure below for parts a and b.     Instructions: Round your answers to two decimal…

A: Equilibrium quantity and price for tge given scenario is  Q=40 and P=2. Consumer surplus is the area…

Q: SUPPLY AND DEMAND PROBLEM (Complete answer with solution) 1. Assume that the demand function is…

A:

Q: Plot the demand and supply schedules. Identify the equilibrium price and quantity. Price (P)…

A: Demand schedule shows the relationship between the price and quantity demanded of good on the other…

Q: 1. You needed $10,000 and obtained the following loan: Loan specifics: You are expected to pay 24…

A: You are expected to pay 24 equal monthly installments (SA per month) at APR 12%, compounded monthly,…

Q: one year. Since she has no money to invest asks for a loan from Zeta 1 million dollars or 1 million…

A: In economic aspects, devaluation is the steady decline in the monetary worth of the capital supply…

Q: Define the conditions for a weakly quasi-concave Cobb-Douglas Function

A: Any such Cobb Douglas performance will be composed as a monotonic change of an indented…

Q: Draw and explain the Mundell-Fleming model for Country A: a small open economy with a floating…

A: Mundell-Fleming Model of country represents a simultaneous equilibrium in goods , money and forex…

Q: What happens to the money supply if the Fed decreases the reserve requirement? Group of answer…

A: Factors which affect the money supply are: 1. Reserve requirements  2. Government Spending  3. Open…

Q: Compute the amount the government would have to increase spending to close the output gap according…

A: Fiscal policy is the use of government spending and taxation to influence the economy.. Fiscal…

Q: what advantages did adopting a single currency, the euro, give Europeans?

A: When talking about a single currency, it is the situation when two or more countries are using same…

Q: Demand and supply equations are given below. Calculate the equilibrium price and the equilibrium…

A: Given: The demand equation is: QD = 150 - 6P The supply equation is: QS = -20 + 4P To Find: The…

Q: What is the behaviour of average fixed cost as output increases

A: Total cost is the expenditure incurred in the production of goods and services. It is the cost that…

Q: Demand for Corn Flakes is: P = 19 - Q. Supply of Kellogg's Corn Flakes is: P = 2 + Q. Now a generic…

A: Answer;

Q: How might special interest groups and lobbyists influence campaigns and elections?   Group of answer…

A: SIGs or Special interest group is a community formed by individuals with a shared interest in a…

Q: The price elasticity of demand faced by an individual wheat farmer would come closest to which…

A: The relationship between price change and the effects of it on quantity demanded is given by the…

Q: The difference between between exports and imports of goods/services forms the current account of…

A: Balance of payments is the statement of transactions of a country trade with rest of the world.…

Q: Price and cost (dollars per rose) 60 50 40 30 20 MR 10 01 2 3 4 MC D 5 6 7 Output (roses per hour)

A: A competitive firm will maximise profit at a point where price is equal to marginal cost. A…

Q: Define a weakly concave on the Cobb-Douglas Function

A: The Cobb-Douglas Function The cobb-Douglas function is a widely used production function that is…

Q: At which point does the SMC curve cut the SAC curve?

A: The change in total cost per unit of change in output is known as short-run marginal cost (SMC).…

Q: Monopoly: Fantastic Films is the only movie theater in an isolated town. The table below illustrates…

A: Answer: The following formulas will be used: Total revenue TR=Price×QuantityMarginal revenue…

Q: 4. (10%) "Imports act as an automatic stabilizer in an open economy.' Is this statement correct?…

A: PLEASE FIND THE ANSWER BELOW.   OPEN ECONOMY: An open economy is a type of economy where not only…

Q: GRADUATE STUDIES Practice Question 1 The table below shows the demand for a product produced by a…

A: A monopolist is a single firm in the market with no close substitutes.

Q: Anton has the endowment (2 eggs, 2 yogurts), which he can trade on the market. If the price of eggs…

A: Anton has endowment (2 eggs, 2 yogurts) that he can trade on the market also Given that price of…

Q: The reason monopolies are inefficient for society is because monopolies: options: 1.Create no…

A: Monopoly is a single firm in the market producing unique good.

Q: How do you think changes in expectations will impact how markets will operate?

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at…

Q: the price level In the short run, the decrease in investment spending associated with business…

A: Economic fluctuations are simply changes in a country's national income level, which indicate growth…

Q: 2-1 Consider the production function Y = X+4x2 – 0.2x3 a. Derive the exact marginal physical product…

A: Given: The production function: Y = X + 4x2 - 0.2x3 To Find: The exact marginal physical product…

Q: Once a private information is made public and it is immediately reflected in the price, then the…

A: When talking about market efficiency, it explains the nature or ability of the market to provide…

Q: Figure 14-10 In the figure below, panel (a) depicts the linear marginal cost of a firms in a…

A: Answer: Let us first calculate the supply function of an individual firm: The slope of the…

Q: Why do economists believe that Federal Reserve policy changes can move the stock market?

A: Introduction Interest rates are a hot topic in the investment industry and the financial media, and…