Macroeconomists are interested in two types of phenomena: economic growth and business cycles. Explain with comprehensive how macroeconomists manipulate economic data in order to study these two problems.

Q: During a business cycle contraction, the supply of bonds shifts to the opportunities, while the dema...

A: Answer: Businesses issue bonds to raise funds to invest in projects. But during a recession, profita...

Q: Consider some determinants of the price elasticity of demand: • The availability of close substitute...

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost th...

Q: Which of the graph/s below show/s a rise in the price of chicken? Fish (pounds per year) Fish (pound...

A: The graph given in the questions shows the budget line of the consumer who can purchase either Fish ...

Q: I went to the store to buy new bookbag.  I expected to pay $50.  It was only $30.  I got a _________...

A: Consumer willingness to pay measures or represents the cost of a good or service to a buyer.

Q: Foreign purchases of domestically produced goods $88 Domestic purchases of foreign goods S120 Based ...

A: Here we calculate the value of GDP and its components by using the given information so the calculat...

Q: O In equili brium, wi th diminishing many inal products, the Slope of the PPF ís equal to: © the vat...

A: The economics as a study is based upon the idea that the resources which are present with the econom...

Q: How CoViD-19 affects our global economy? Discuss

A: Every economy in this world facing the pandemic situation of COVID 19. Every economy whether poor or...

Q: Q1): A company is planning to expand its business after 5 years from now. The expected The company c...

A: Here we calculate the difference in amounts company arrange after 5 year by using the given informat...

Q: 1. Discuss the idea of an opportunity cost and think of three opportunity costs that you have made t...

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...

Q: Competition between firms results in: a. Lower prices b. Greater output c. Less deadweight loss d. a...

A: When there are multiple businesses in a market, competition develops. The perfectly competitive mark...

Q: FIGURE 2-10 Apples (bushels) Refer to Figure 2-10. What movement along the production possibilities ...

A:

Q: 59. HOUSING STARTS Suppose that in a certain community, there will be M(r) thousand new houses built...

A: Given that in a certain community, there will be thousand new houses built when the when the 30-year...

Q: The certain publisher purchased a machine for P 30,000, used it for 5 years and then sold it for P 1...

A: Sinking fund method of depreciation.  The arrangement is created in this technique such that a prede...

Q: Price D1 D 2 S 1 S 2 $16 12 17 30 $14 10 15 15 27 $12 13 18 13 24 $10 15 21 11 21 $8 18 24 18 $6 20 ...

A: Price D1 S1 $16 7 17 $14 10 15 $12 13 13 $10 15 11 $8 18 9 $6 20 7 In economics, mark...

Q: A motor cycle has an initial cost of P 50,000.00 and a salvage value of P 10,000.00 after 10 years. ...

A: Given: The initial cost for a motor cycle is = P50,000 The salvage value is = P10,000 Years = 10 To ...

Q: What is Molly’s optimal bundle of consumption?

A: The measure that depicts the satisfaction or benefit that is being gained from the consumer from the...

Q: What do you understand by the concepts of intra  temporal choice models in Managerial Economics? Thi...

A: Managerial economics is a discipline of economics concerned with the use of economic methods in the ...

Q: If a marketplace produces $40 in consumer surplus and $20 in producer surplus and has a deadweight l...

A: Given  Producer surplus after price control is $20 and consumer surplus is $40. Deadweight loss due ...

Q: Which of the following is not a fixed cost?

A: C.Front Office Pay

Q: If deflation occurs, and your income is fixed, your real income will: a. fall. b. remain equal to yo...

A: Real income is the nominal income adjusted for the price change.  Real income = (Nominal income / Pr...

Q: 8 Discuss Marx’s “theory of history”, relating it to the earlier ideas of Darwin (natural selection...

A: Marx's general beliefs on society are known as his documented reality hypothesis. Marx's humanistic ...

Q: Required information PEMEX, Mexico's petroleum corporation, has an estimated budget for oil and gas ...

A: ANSWER   Estimate life is same for all alternatives which is 20 years. Find the PW using the rule PW...

Q: There is no incentives to innovate in a perfect competition market. Do you agree? Explain.

A: When talking about perfectly competitive market, it is the place with a large number of buyers and s...

Q: In the rural area of a large agricultural-based economy in which corn is the staple food, there are ...

A: A perfectly competitive market is the one where there are large number of buyers and sellers of the ...

Q: Suppose a country has a large current account deficit (in the vicinity of 12% of GDP). It has a gros...

A: Given information current account deficit 12% GDP capital formation rate=28% Budget deficit= 3% Priv...

Q: Would it be ethical if Facebook profited from selling your and others' personal information to emplo...

A: Ethical issues in the business refer to the decisions of business affecting the moral standards of t...

Q: How much do eight P 76,990 quarterly payments amount at present, if the interest rate is 3 compounde...

A: Given information, Annuity (A): ₱ 76,990 Interest rate (i): 3% Time period (N): 8 (8 equal payments...

Q: A resistor has a selling price of P 400. It it’s selling price is expected to decline at a certain r...

A: This chapter is related to profit and loss chapter. The selling price is defined as the price on whi...

Q: The following data is provided for a PPP project. To the People To the Government $1.8 million now a...

A: Given; Benefit= $95000 per year Cost= $1.8 million now and $200000 every three year  Disbenefit= $35...

Q: Why aren't more resources being allocated to sufficient prudential oversight of the financial system...

A: Countries where there are more working women, quantity of workers is more.  People who are working o...

Q: Comparison of the share of the total income in a society that different groups receive measures: ele...

A: The answer is - income inequality.

Q: A regional municipality is studying a water supply plan for its​ tri-city and surrounding area to th...

A: The total cost of the project which included cost of the construction and maintenance and repair of ...

Q: One of the following phenomena has been inaccurately described. Which one is it? a. Offshore outsou...

A: There are various economic revolutions and improvement that took place over a period of time that ha...

Q: which of the following assumptions is TRUE? A. The demand is known exactly and is constant over time...

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If y...

Q: Using the table in Question 6, what was Fruitland's nominal GDP in year 2? Answer:

A: The economics as a study is basically based upon the idea of scarcity, or the limit to amount of res...

Q: A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and ...

A: Given: The labor cost is = P115 each The material cost is = P76 each  The variable cost is = P2.32 e...

Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...

A: In the beef market, a change in any demand determinants, except own price, will lead to shift the de...

Q: hates that the cost of steel bodies for pressure valves will increase by $2 every 3 month pe $80, wh...

A: *Answer:                         

Q: Three economic questions must be determined in all societies. What are they? What goods will be prod...

A: Three economic questions must be determined in all societies .what are they.

Q: 7. The number of discouraged unemployed workers rose to 506,400, 2 ½ times as many as in the previou...

A:

Q: How does the coronavirus affect the labor market in France? (Keyword: employment and unemployment in...

A: The economies around the globe are involved in various economic and financial activities. These econ...

Q: Given the information in the table below, graph the marginal cost of labor for a monopsony firm. Plo...

A:

Q: Which one of the following is a characteristic of the service sector? O Intangible products O Little...

A: the main characteristic of the service sector is that it considers services as an intangible product...

Q: A computer machine initially worth P 50,000 depreciates in value each year by 20% of its value at th...

A:     Given : Initial price=P50,000 rate=-20%(depreciating) time=9 yrs.   Formula used : Final price ...

Q: A new policy requires all automobiles to be equipped with side airbags. Assuming the airbags increas...

A: Here, it is given that a new policy is implemented, according to which all automobiles are required ...

Q: A rise in the federal funds rate a. raises the long-term real interest rate. b. does not change the...

A: The Federal Reserve holds accounts for banks and other depository institutions in the United States....

Q: Darien invests $10,000 in an account that pays 3.2% interest per year, compounded semi-annually. Wha...

A: Here we calculate the amount after 3 year by using the given information , so the calculation of the...

Q: Discuss COVID-19 and its affect on our global economy.

A: COVID 19 impact on the global economy has been seen in the, unprecedent economic effects with the ch...

Q: robotics used on the heavy truck gear line will produce total benefits of $516,000 (in today's dolla...

A: Marginal means additional. Marginal cost benefit analysis is used to evaluating the project. Instead...

Q: Decide if it is an increase (right shift) or a decrease (left shift) and write that next to the ques...

A: In a market, any change in technology will have a significant impact on the supply of output because...

Demand and Supply

The concept of demand and supply is important for various factors. One of them is studying and evaluating the condition of an economy within a certain period. The analysis or evaluation of the demand-side factors is important for the suppliers to understand the consumer or individual behaviour. The evaluation of supply-side factors is important for the consumer or individuals to understand that what kind of combination of an economic good or what kind of economic good and services he or she should consume to maximise his utility and minimise the cost. Therefore, in microeconomics, both of these concepts are extremely important to have an idea that what exactly is going on in the economy.