Question 2 A rational person makes a choice if  Group of answer choices the choice makes money the benefits outweigh the costs the costs outweigh the benefits the choice is ethical

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A: * ANSWER  :-    (1) From the given information the answer is provided below as follows.

Q: Consumption expenditure: Investment expenditure: Government budget balance Money demand C= 100 +0.8…

A:

Q: Which of the following are possible values of i for the project shown? Net Cash Flow for Project B…

A: The amount that is being charged by a lender while lending money being depicted as a percentage of…

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A: Given information  Liquidity premium on a 2-year bond l2t=0.50% One year interest rate it=5% and two…

Q: loss from this tax?   You can answer this in one (or more) of the following ways: Paste a picture…

A: DwL is the loss of market welfare after the tax 0f $6 per unit.

Q: 4. An economist produced the following Lorenz curves for the current income distributio and the…

A: *Answer:

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Q: TRUE OR FALSE: 1. Economic growth and poverty have a strong positive correlation. 2. High-income…

A: 1. Economic growth and poverty have a strong positive correlation.  Economic growth has a trickle…

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A: "Slope of the isoquant represents the marginal rate of technical substitution between labor (L) and…

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A: We have MC of wholesaler = 2 And MC of retailer = W

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A: Complementary goods:- A complimentary commodity is one that is utilised in conjunction with some…

Q: hich is false stakrment. Liauidity p Suggests that preferrence model When the bond marketsis in…

A:

Q: 6. Suppose that you have the data for the three firms below. What is HHI in this case? Firm Sale 500…

A: HHI=∑1NFi2Where, HHI=Herfindahl–Hirschman indexand, F= Number of firms

Q: In an attempt to bring equity to the climate change agreement, the Framework Convention on Climate…

A: In an attempt to bring equity to the climate change agreement, the Framework Convention on Climate…

Q: Regarding the demand for children equation, children have costs and benefits to parents, and…

A: Answer: There is a trade-off between quantity and quality of children. To raise children in a good…

Q: (C). Similarity of economic structure, and composition of output, tends to reduce the economic…

A: In an economy, joining a currency union implies monetary union agreement with some other countries.

Q: The most likely source of an increase in investment is a. Interest rates that are lower b.…

A: "Investment is a kind of good which is not consumed today but used in future in order to generate…

Q: TRUE OR FALSE: Population growth in high-income countries is higher than in low-income countries.

A: Concepts: A higher income country is a natiom with higher per capita income. It implies a higher…

Q: Suppose the price of cotton (a production input for t-shirts) falls, which causes the quantity of…

A: Given  Price ($) Quantity demanded per year Quantity supplied per year (When the price of cotton…

Q: Question 33 Do buyers or sellers bear more of the burden of this tax? Group of answer choices…

A: With tax of $6 per unit, quantity sold in market is 20.

Q: 4,374 11- It is estimated that consumers will buy Q(p) = p2 kg of imported beans per week when the…

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Q: The table shows the aggregate demand and short-run aggregato supply schedulos of Chamber Island in…

A: Deflation: - it is the phenomenon of a decrease in the prices of goods and services in an economy.

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A: In the manufacturing and production of a company's goods and services, the term "cost" refers to all…

Q: Indigenous people are ranked among the lowest income groups in Canada. O True O False

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A: In an economic perspective, an investment is the buying of goods that are not utilized today but are…

Q: Explain the following: i. UTILITY ii. UTILITY FUNCTION iii. LAW OF DIMINISHING MARGINAL UTILITY.…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first three subpart for you.…

Q: Q28 Describe where consumer surplus is on the graph (use words or you can also draw and attach a…

A: Concept Consumer surplus denotes a monetary indicator of consumer benefits. There is a consumer…

Q: When the government uses its overdraft facilities at the central bank, it the economy. This is…

A: The answer is as follows:-

Q: e right-hand side graph shows the hot dog market. Based on the graph : a. what is price elasticity…

A: Price elasticity of demand = %age change in demand / %age change in price

Q: In the sequential games such as the sequential Battle of the Sexes, why does the Nash equilibrium…

A: Nash equilibrium is seen where the procedure of one player relies upon system of different players.…

Q: Q.1  Use Lagrange multipliers to find the maximum utility for the utility function U = 5xy, when…

A: utility function U = 5xy budget of £30 price of each unit of X is £5 and each unit of Y is £1.

Q: of scale. As Big Jake Lumber expands, the cost of shipping the lumber drops sharply. This is an…

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Q: 0.8 utils

A: Utility maximizing condition is determined by the condition Slope of indifference curve= Slope of…

Q: ) A manufacturer sells two products, A and B and had raised the prices of the two products recently…

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

Q: Phyllis wants to buy two tickets to a concert. Tickets cost $15 each, and she expects to wait 30…

A: Answer; Correct option is (c) $38

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Q: Whether this is true, false or uncertain? Why? Use graphs if possible. The difference between the…

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Q: QUESTION 1. Over dinner, your friend mentions an article about a population explosion in Malaysia…

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Q: a) Explain the principle of consumption smoothing. Illustrate this concept with a diagram.

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: What is the Samuelson Rule? Why does the market outcome, based on the actions of rational,…

A: Answer -   Public Goods :- Public goods are those goods that can not be exhausted by the usage and…

Q: Question 29 Describe where producer surplus is on the graph (use words or you can also draw and…

A: Producer surplus refers to the benefit to the producer. This benefit may arise due to the difference…

Q: Discount PHP 216,000 for120 days at a discount interest rate of 8%. (Note: To discount an amount…

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Q: and A 10%. B 13,3% C 20%. D 25%.

A: Hi! Thank you for the question as per the honour code, we’ll answer the first question since the…

Q: Under Bertrand competition, O the Nash equilibrium is marginal cost pricing (the perfectly…

A: Nash equilibrium refers to a set of strategies where no player has any incentive to deviate from its…

Q: and continue with the scenario of adding a $6 per unit tax.  How much will BUYERS receive per unit…

A: