16. Suppose x and y grow at constant rates ğx and ğy, respectively. What is the growth rate of z if z = ? = a. gzagx + bğy b. 9z = (9x-9y) c. 9z = ağx bgy d. 9z ağxbgy
Q: The largest component of the money supply (M1) is Multiple Choice currency in bank vaults.
A: It refers to the total money amount circulating in an economy at a given point in time. Central…
Q: 3). DOORDASH How can Data Analytics Improve the advantages DoorDash has on the competition…
A: Barriers to Entry:Network Effects: DoorDash benefits from a large network of customers and…
Q: 3. A firm has fixed cost of $90.00 and variable costs as indicated in the table below. Complete the…
A: Costs refers to all the expenses that incur in the process of production of goods or services. There…
Q: (Table: Tatiana's Production Function for Cherries) Use Table: Tatiana's Production Function for…
A: The following table shows the production function of person T- Land (hectares)Labor(L)Total…
Q: Jskxokd
A: Demand refers to the quantity of a good or service that a consumer is willing and able to buy at a…
Q: U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 2. Merchandise imports…
A: Official Reserve Transaction Balance basically provides the net change of official reserves for each…
Q: A machinge has a first cost of $24,000. Its market value declines by 20% annually. The repair…
A: Economics is widely used in many sectors based on the applicability of its principles. One such area…
Q: We can find the market supply for phones by: a. multiplying the number of sellers by the number of…
A: In economics, the total willingness of individual suppliers to produce and sell a good at different…
Q: There are three firms, A;B; and C that produce electricity. The first two firms have the same…
A: Social cost is a generalization of the costs of an event carried by society at as a whole and not by…
Q: "Analyze the impact of trade tariffs on small economies, particularly focusing on import- dependent…
A: The issue to investigate is the effect of exchange levies on small economies, with a specific…
Q: I need all four parts answered and explained. Thank you.
A: 1. Draw an isocost line for this firm, showing combinations of machines and labor that cost $100 and…
Q: Question 9 Pace of Good X (das) D C D St 01 D₁ D₂ Quantity of Good X In the diagram above, which of…
A: The desire of an individual to buy a product according to the willingness and ability to purchase…
Q: An economics professor is considering improving class attendance and preparation by giving pop…
A: Rational expectation theory is an economic theory which states that people make predictions and…
Q: In equilibrium c = y. i. Solve the household's problem. ii. Assume there is a firm that manages the…
A: The Laffer Curve illustrates the relationship between tax rates and government revenue. As tax rates…
Q: 8. Short-run and long-run effects of a shift in demand Suppose that the seitan industry is initially…
A: The desire of an individual to buy a product according to the willingness and ability to purchase…
Q: You deposit $92 each month into an account earning 4% interest compounded semiannually. How much…
A: The future value is a useful tool for making financial decisions, such as evaluating the value of an…
Q: None
A: To determine the opportunity cost of producing an additional 15 units of bacon when the economy is…
Q: Consider the following two-person, zero-sum game. Payoffs are the winnings for Player A. Player B b1…
A: A zero sum game is one in which no wealth is created or destroyed. So, in a two player zero-sum…
Q: Memo #12 Dated Feb. 17/25 35 From Owners: Pay HST owing to the Receiver General for the period…
A: Interpretation of Memo #12This memo instructs you to pay the Harmonized Sales Tax (HST) owing to the…
Q: 1. A whole life insurance on (55) pays a benefit of 600 at the end of the year of death. You are…
A: The objective of the question is to calculate the single benefit premium for a whole life insurance…
Q: COSTS AND REVENUE (Dollars per shirt) TOTAL COST AND REVENUE (Dollars) uppose Nick runs a small…
A: A competitive market maximizes profit when its . The firm produces goods till its . It will stop…
Q: m mmm. m Given the cash flows in table below, determine the rate of return. Year Cash Flow…
A: The objective of the question is to calculate the rate of return based on the given cash flows. The…
Q: 7. Lump-Sum Tax The city government is considering two tax proposals: ⚫A lump-sum tax of $300 on…
A: As a result of lumpsum tax-Average total cost will increaseAverage fixed cost will increase As a…
Q: A commercial 3D printer is purchased for $340,000. The salvage value of the printer decreases by 50%…
A: Optimal Replacement Interval: The optimal replacement interval refers to the period of time or usage…
Q: This is game theory question/ Quantity Competition and Nash Equilibrium I think the answers are…
A: Nash Equilibrium in quantity competition finds the production levels where neither firm has an…
Q: 3. Indicate how each of the following will affect the current supply (Increase supply or Decrease…
A: (a) A rise in wage rates will decrease the supply of personal computers. (b) An increase in the…
Q: The event that effectively killed the Monetary Commission of 1908 was O a. the election of Woodrow…
A: The United States central bank is known as the Federal Reserve that controls and regulates the…
Q: 10. Characteristics of competitive markets The competitive market model depends on the following…
A: ScenarioIs the market competitive?ReasonGentoo Inc. controls the copyright to a popular series of…
Q: Exercise 3.2 A three-man board, composed of A, B, and C, has held hearings on a personnel case…
A: The game theory refers to one of the branches in mathematics (and economics) that experimentally…
Q: For the defender, it is given that the annual equivalent costs for one year is $2,500, for two years…
A: The present value is a useful tool for making financial decisions, such as evaluating the value of…
Q: Question 39. Consider the graph below. Which of the following occurrences will shift the supply of…
A: The supply of bonds in financial markets alludes to the aggregate sum of bonds that are accessible…
Q: 1. Suppose there is a mutual fund and each consumer buys a share in it for her endowment at t = 0.…
A: The mutual fund's optimization problem is to maximize the sum of the shareholders' utilities, given…
Q: 1a. Draw supply curve for auto tires. Label axes. b. Show effect of. i. Decline in number of tire…
A: Supply curve refers to the graphical representation of the supply of a good or services that depicts…
Q: Short Grass Incorporated is a distributor of golf balls. Martin's Golf Supplies is a local retail…
A: **Calculating Economic Order Quantity (EOQ)**To find the economic order quantity (EOQ), we will…
Q: 3. Consider a world in which production of a good or service consists of a number of definitive…
A: A) Example Industry: Software development is one sector where this approach could be useful. Coding,…
Q: 1. Study Questions and Problems #1 True or False: The Phillips curve shows the inverse relationship…
A: Arthur W. Phillips (1914-75) was a very noteworthy economist of the last century. Phillips earned a…
Q: Instructions Type in the Assignment the answers with explanations the answers to the following 1.…
A: Demand is defined as the desire backed by the willingness and ability to pay for a good by the…
Q: Consider three alternatives A, B, and "do-nothing." (a)Construct a choice table for interest rates…
A: Choice-table is a comparative analysis of the alternatives. It is based on the IRR and NPV of them.…
Q: In the isoquant/isocost diagram to the right, suppose that the firm is producing 1,000 units of…
A: Isocost and isoquant diagrams are the principal and the most widespread visual aids in economics for…
Q: Refer to the figure below. When the firm charges the reservation price to each consumer, the…
A: Price discrimination is a pricing strategy where a company charges different customers different…
Q: d с a b 1\2 X y Z 1,2 2,2 5,1 4,1 3,5 3,3 5,2 2,3 4,4 7,0 0,4 3,0 Find a very weakly dominant…
A: Game theory is a mathematical and conceptual framework used to study situations regarding battle and…
Q: Assume that in a small open economy with full employment, consumption depends only on disposable…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: You will research how the energy is extracted or produced and try to be very detailed about the…
A: Wind Energy: Wind energy harnesses the kinetic energy of moving air and converts it into electrical…
Q: Suppose that the supply curve of serving in the military is S(P) = P, where Q = S(P) is number of…
A: The cost is defined as the expenditure that a firm or business has to bear on producing a good or…
Q: US imports of sugar are subject to a quota. Although rounded up, the figures used in this exercise…
A: Given,
Q: Figure 2-4 Wheat (bushels) E B D Apples (bushels) 1. In Figure 2-4, for which of the following would…
A: “Since you have posted multiple questions, we will provide the solution only to the first question…
Q: Consider a COURNOT duopoly. Market demand is P(Q)=140-Q, and each firm faces a marginal cost of $20…
A: Take Firm 1's producer surplus amount to find in a Cournot duopoly. Firstly, we need to establish…
Q: The table below shows current carbon emissions and the cost of reducing carbon emissions for three…
A: In a cap-and-trade gadget, the government units an overall restriction, or cap, on the entire amount…
Q: 43 The production festion of a fins is Q-100 Irk-100, P-L-30 and r-40 what is the quantity of labour…
A:
Q: INTEREST RATE (Percent) 3 Shift the appropriate curve on the graph to show the impact of a decrease…
A: This is a case of a perfectly inelastic supply curve that does not adjust to the changes in price.…
Step by step
Solved in 2 steps with 1 images
- 1) Let the growth rate of X, be defined as the log difference a (X4) = log X – log X-1. For variables X, and Y, show that the growth rate of the quotient equals the difference of the growth rates, g g(Xt) – g (Y:).1.1. Basic properties of growth rates. Use the fact that the growth rate of a variable equals the time derivative of its log to show: (a) The growth rate of the product of two variables equals the sum of their growth rates. That is, if Z(t) = X(t)Y(t), then Ż(t)/Z(t) = [X(t)/X(t)] + [Ÿ(t)/Y(t)]. (b) The growth rate of the ratio of two variables equals the difference of their growth rates. That is, if Z(t) = X(t)/Y(t), then Ż(t)/Z(t) = [X(t)/X(t)]-[Y(t)/Y(t)]. (c) If Z(t) = aX(t)a, then Ż(t)/Z(t) = aX(t)/X(t).10. The Reverend Thomas Malthus (a British economist) thought that arithmetic growth in food supply (such as a farmer adding five more bushels of apples to his harvest every year) exhibited: A. positive exponential growth (logarithmic increase) over time B. logistic growth (linear increase, then exponential, then linear again) over time C. saturation growth (Michaelis-Menten increases) over time D. negative exponential growth (logarithmic decrease) over time E. linear growth (straight line increase) over time
- 1. Consider the variables x. V. and z. Assume that the growth rates of these variables aire given by g(x) = 0.04, g(y) = 0.12 and g(z) = 0.008. Then the growth rate of the variable w = %3D (yx)3/4(z)1/4 is approximately equal to a. 16% b. -10% с. 12% d. 12.5%Consider the trajectory showing the number of luggage pieces that an airline loses on aflight. What shape would a learning curve have in this setting?a. Exponential growthb. Exponential decayc. Diminishing return growthTable 8 Amounts of New Solar Power Installed in the United States Amount of New Solar Power Installed Year (megawatts) 2006 2007 105 160 2008 290 2009 435 2010 878 2011 1891 3300 2012 Source: GTM Research If the model is given by: y 2.73(1.80)*, what is the growth rate? O the growth rate is 273%. O The growth rate is 80%. O can not be determined from the equation. O The growth rate is 73% O The growth rate is 180%. 99+ a
- 12. The rule of 72 says that if something is growing by X% per period then it will double approximately every 72/X periods. The periods could be days, months, years, etc. In late February 2020 about 7,000 people outside of China had been infected with the COVID-19 virus and the number was increasing by 9% per day. If the growth rate stayed the same then how many times would be the number of infections double in the next 64 days? a. 8 times so about 56,000 people would be infected b. 1.125 times so about 15,000 people would be infected c. 1.125 times so about 8,000 people would be infected d. 8 times so about 1.8 million people would be infectedThe population of a town grows at a rate proportional to the population present at time t. The initial population of 500 increases by 10% in 10 years. What will be the population in 20 years? (Round your answer to the nearest person.) persons How fast (in persons/yr) is the population growing at t = 20? (Round your answer to two decimal places.) persons/yrQuestion One. Answer the following pertaining to the growth theories. a) Derive the elasticity of the balanced-growth-path level of output with respect to savings rate. b) The Romer growth model assumed that growth rates if capital and knowledge are endogenously determined. Derive the growth rates of capital and knowledge. I want a answer in 15 min
- Small differences in growth rates in the size of the economy, over several decades, will result in big differences in the size of the economy. Pretend we start in 1950 and the U.S. growth in real GDP has been around 3.15%. This has resulted in real GDP growing 8 times over this 70-year period (1950 to 2020). If real GDP growth had been 4.0%, real GDP would be times larger. a. 8 (about the same growth as with 3.15% growth) b. 10 С. 14 d. 16QUESTION 2 If Z = (XY)2, and we know that the annual growth rate of Z is 3%, and the annual growth rate of X is 2%, the annual growth rate of Y is а. - 1% b. - 0.5% C. 0.5% d. 1.0%An economist predicts that the cost of food will increase by 4% per year for the next several years. Part A: Use the economist's prediction to write an explicit rule for a geometric sequence that gives the cost in dollars of a box of cereal in year n that costs $3.20 in year 1. Part B: What is the fourth term of the sequence, and what does it represent in this situation? 5
