Which of the following statements is FALSE? (A) high rates of unemployment often have a way of perpetuating themselves B) the availability of unemployment benefits reduces the natural rate of unemployment (C) the natural rate of unemployment can be reduced by policies designed to affect the composition of the labor force D) the unemployment rate among white males 20 years and older is lower than the overall unemployment rate E) even when the economy is at the full-employment level of output, some frictional unemployment still exists.

Q: Economic models are: Precise representations of reality that include as many details as possible in ...

A: In economics, economists play an important role to explain the significance of studing economics and...

Q: 41. An equipment costs P100,000.00 and the salvage value is 15% of the original cost after 25 years....

A: We will answer the first question since the exact one was not specified. Please submit a new questio...

Q: Industry demand is given by P = 200 – .4Q. The long-run industry costs are such that: LAC = LMC = $8...

A: A monopoly is a single firm that maximizes profit at MR =MC  A perfectly competitive is one of the m...

Q: 1. List 10 new market demand that people need in their lifestyle.

A: We know that Market demand portrays the interest for a given item and who needs to buy it. This is d...

Q: D 12 16 20 24

A:

Q: 49. The interest for an interest period is calculated on the principal plus total amount of interest...

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: See the table here below: Labor Input: Tables and Chairs Production Country X Country Y Chair 2 Tabl...

A: Answer: Opportunity cost: opportunity cost refers to the production of one good sacrificed to produc...

Q: The larger the number of substitutes a product has, the more elastic it is: the fewer the number of ...

A: In a market, the elasticity of demand and supply depends upon the nature of the product and other ma...

Q: Refer to Figure 26-1. What is measured along the vertical axis of the graph?   a.  The tax rate ...

A: The curve that depicts the quantities of goods being demanded at various levels of price by individu...

Q: clearly demonstrate how intra and inter temporal choice models can make society incur an opportunity...

A: Managerisl economics characterized as discipline of financial aspects worried about utilization of m...

Q: What is the likelihood that firms would enter the market in the short-run? Use COVID-19 as a market ...

A: We show that,When new firms enter the industry in response to high profits, it is càlled entry. When...

Q: What is the main advantage for an LLC or Corporation? Select one: O a. taxes O b. to avoid personal ...

A: In the mentioned question, we have been asked about the advantage of having a corporation rather tha...

Q: Q)Which of these methods of government deficit finance is MOST likely to crowd out private investmen...

A: Government budget deficit: It is the condition under which the expenditure of the government is more...

Q: 3. Consider the balanced-growth path (BGP) of the Solow growth model, with production function Y = K...

A: Output per effective worker is denoted by Y/L*E It is a function of capital per effective worker. Ac...

Q: What are the advantages of Endogenous growth theories?

A: Endogenous Growth Model Endogenous Growth Model explains that the factors determining economic growt...

Q: What are some key economic characteristics of Japan export strategies?

A: The production, distribution, exchange, and consumption of products and services are all organised b...

Q: The inverse demand function a monopoly faces is  p=100-Q   The firm's cost curve is  TC(Q)=10+5Q   W...

A: Answer: Given, Inverse demand function: p=100-Q Firm's cost curve: TCQ=10+5Q A monopolist firm maxim...

Q: (a) Alpha, Beta and Gamma are consumers of a public good. The marginal benefit ($) of each unit of...

A: GIVEN     Public Good Alpha Beta Gamma 1st unit 8 10 12 2nd unit 4 8 3...

Q: Compare and contrast the objectives of NEP, NDP and NVP

A: The actions being taken by the government in the economic field and cover the systems for setting ra...

Q: Equities e. Suppose you are deciding between purchasing the two equities below, both of which are de...

A:

Q: When Home depot charges $93 for a children's game, they sell 100 units. When they charge $85, they ...

A: Using the given data: P=Price is the dependent variable Q=Quantity demanded is the independent vari...

Q: Four hundred driver's license applicants were randomly selected and asked whether they passed their ...

A:

Q: Malaysia has a minimum wage policy to protect the well-being of workers. There have been suggestions...

A: The demand curve for labour, under the ceteris paribus assumption, shows the amount of labor employe...

Q: 1. The Chinese communist revolution from the 1930s to 1949 completely ended the corruption of the go...

A: If we consider the history of the Chinese economy then during the period 1900s there was the end of ...

Q: Consider an economy with 2 workers. If the value of the marginal product of labor (VMPL) is $50 and ...

A: The marginal revenue product (MRP) is the additional revenue generated by a single additional unit o...

Q: how the shortage of semiconductor chips has shifted the production possibilities curve inward for au...

A: Production possibility curve: - it is the graphical representation of different combinations of two ...

Q: Jed opened a savings account and deposited P900.00 as principal. The account earns 15% interest, com...

A: Given information: Principal Amount (P): P900.00 Interest rate (r): 15% compounded continuously Tim...

Q: 6. Derive the functional form of the IS curve for the following economy: [Hint: Use the equilib- riu...

A: Given; C=C0+C1(Y-T)G=G¯I=I0-I1(r)T=T¯

Q: Brazil trades bananas to the US and the US trades planes to Brazil. The current exchange rate betwee...

A: Below is the given information: *Exchange rate = 1 Real per $0.20 *Brazil export banana to the US. *...

Q: Supposing that a single consumer works for a firm, the quantity of labor input for the firm, N, is i...

A:

Q: Expenditure Multipliers   1) List the four components of aggregate expenditure. Explain the two-wa...

A: Answer: Aggregate expenditure (AE): aggregate expenditure refers to the sum of consumption spending ...

Q: A tax on gasoline is proposed in order to raise money for the pollution-control activities of severa...

A:

Q: What do you understand by the concepts of intra and inter temporal choice models in Managerial Econo...

A:  We know that.,Intèrtemporal  a choices refers  to decisions, such as spending habits, thàt are made...

Q: MACROENVIRONMENT ELEMENT Characteristics (Define the given element by identifying its nature, charac...

A: The area of distribution, production, and consumption of goods and services by different agents as a...

Q: Price (dollars per tire) S + tax 70 60 50 40 D. 30 20 10 10 20 30 40 50 60 70 Quantity (millions of ...

A: Initially D is the demand curve and S is the supply curve for tires. Equilibrium is achieved at the ...

Q: The price p (in dollars) and the quantity q sold of a certain product obey the demand equation q = 8...

A: The demand equation is given below: q = 800 - 20p or, 20p = 800 - q p = 800 - q20 Total Revenue (TR)...

Q: line represents 2010. Share of income received 1960 2010 Bottom 20% 10% 5% Bottom 40% 30% 10% Bottom...

A: In economic aspects, the Lorenz bend is a graphical portrayal of the circulation of pay or of riches...

Q: Which of the following arguments might be legitimate reasons for limiting imports?     a) Imports ...

A: Import and Export: When a company sells its commodities in a country other than its domestic country...

Q: Use diagram to illustrate the Slutsky income and substitution effects of an increase in the price of...

A: The question says about the effect of income and substitution effect due to an increase in the price...

Q: You are the manager of a monopoly. Your analytics department estimates that a typical consumer's inv...

A: In this question we have to find out optimal two-part pricing strategy with the help of the above in...

Q: What are the sources of law?

A: In the United States' legitimate framework, there are four primary sources of law. These are constit...

Q: The figure below shows the market for higher education. The market demand curve for higher education...

A: Given:- Higher education produces positive externality and government provides $8000 subsidy per stu...

Q: Suppose a firm faces a cost function of C = 8 + 4q + q^2, so that its marginal cost is MC=4 + 2q. a)...

A:

Q: What is Domestic Systemically Important Bank (D-SIB) and Global Systemically Important Bank (G-SIB) ...

A: Banks are financial institutions which provide financial services to its customers. Banks accept dep...

Q: Which of the following is an explicit cost? O the depreciation of a computer O the cost of hiring a ...

A: please find the answer below.

Q: Let there be two countries: Netherland (N) and Switzerland (S) producing and consuming two commoditi...

A: a) As per the information given in question, unit labor requirement of M in country N is 9, let this...

Q: On many issues, the United Nations General Assembly (UNGA) decides matters through simple majority v...

A: Median voters theorem is used for the electoral voting for the politicians. It assumes that all the ...

Q: A firm's marginal product of labor is 20 and its marginal product of capital is 24. The wage rate is...

A: In long run both labour and capital are changeable factors and firms exhibit return to scale . Follo...

Q: 2. Suppose demand and supply are given by Qdz = 7-P, and Qsz = P - %3D --ice G. Show the existing an...

A: Part c) In the figure below , we have supply and demand which intersects at price 10 which is equili...

Q: When natural disasters like a hurricane, tsunami, or earthquake occur in other countries of the worl...

A: Answer: Transfer payment: transfer payment with respect to the balance of payment account refers to ...