From the impact of Financial market activities that sets of world Financial crisis in 2008, how would you describe the role played by Financial market in the world's economy?

Q: The formula consumer surplus uses a consumers "willingness to pay" as part of the equation.…

A: Utility refers to the satisfaction. A rational consumer aims to maximize the utility.  The maximum…

Q: Consider the following scenario: “Corn is mostly grown in the Great Plains  region of the United…

A: The measure that depicts the level where the demand for a good is equal to the supply of a good…

Q: The consumer price index for the current year measures the cost of a standard basket in the same…

A: Consumer price index measures the price of market basket of goods and services which is purchased by…

Q: 17. Evaluate the truthfulness of the following statements: I. The Engel curve for a normal good is…

A: The Engel curve is a graphical representation that shows the relationship between the quantity of a…

Q: Tasks ahead to achieve Sustainable Development Goals.

A: Sustainable development is a term  used to emphasise our idealised future vision free of all the…

Q: Suppose the inflation premium is 9.50 percent and the nominal interest rate is 4.75 percent.…

A: Inflation premium: Investors are often afraid of loss as the inflation rate may vary over time.…

Q: Bottom of Bracket $0 $49,692 $99,384 173,922 Top of Bracket $49,692 $99,384 $173,922 Rest of Income…

A: Marginal tax rate shows the tax rate fall under the tax bracket given in the table.  Average tax…

Q: Peanut butter (PB) sells for 10 dollars per pound and Oysters (O) sell for 50 dollars per pound.…

A: MRS, marginal rate of substitution is the rate at which one good can be substituted for the other.

Q: Nominal GDP (Billions) 14,964.4 1,551.6 16,155.3 1,668.9 17,393.1 18,036.6 Real GDP (Billions)…

A: Real and nominal GDP: Gross domestic product or GDP is the total sum of the values of all end…

Q: Theoretically suppose the government imposes a binding price ceiling in the tilapia fish market.…

A: Price ceiling: A price ceiling is a govt-imposed barrier on the competitive price level of the…

Q: Bank of Canada The Bank of Canada lowered overnight rate target to 1/4 percent on March 27, 2020 due…

A: Macroeconomics is the branch of economics that studies how an economy functions as a whole. It is…

Q: The State of Chiapas, Mexico, decided to fund a program for improving reading skills in elementary…

A: Equivalent annual cost refers yo an annual cost of operating, owning, and maintaining an asset over…

Q: When the demand curve shifts, the change in equilibrium price will be larger the more elastic the…

A: The size of change in price will depend on the elasticity of demand and supply.

Q: monthly demand equation for an electric utility company is estimated to be p= 55-(10)x, where p is…

A: Utility Utility describes the value or worth of a good or service. The utility is more exactly the…

Q: Please Can you work on the diagrams. I cannot view the diagrams for the answers provided

A: In this case, we have to draw the indifference curve of Felice where indifference curve actually…

Q: ☐17. Below are some data from the land of milk and honey Price of Quantity Year Quantity of milk…

A: Nominal GDP is the total value of goods and services produced in a country in a given year, measured…

Q: Price changes occur in the market when: O Disruptions happen in the market O All things are equal O…

A: The demand curve is the graphical representation of the relationship between the quantity demanded…

Q: Did i do this properly?

A: Budget constraints shows the relationship between the two goods , their prices and the income of…

Q: The nominal exchange rate for yen to dollars is 200.30 and the PPP is 167.8. Work out the real…

A: The real exchange rate is a measure of the relative prices of goods and services between two…

Q: Assume a perfectly competitive market with no externalities. The demand curve is P =52 - 0.06×Qd.…

A: Total Surplus A market's overall surplus serves as a gauge of the general well-being of all members.…

Q: Suppose that you are the vice president of operations of a manufacturing firm that sells an…

A: Consumer surplus refers to the area that lies above the price and below the demand curve. Producer…

Q: What are the three lags that can affect the appropriate timing for effective fiscal policy changes?…

A: The slack time definition is the time taken prior to carrying out a policy toward impacting an…

Q: When expected future marginal product of capital increases in a small open economy with free capital…

A: Introduction  The extra production a business experiences after adding one unit of capital is known…

Q: If a change of 15% in price of good X, results in a change in demand for good Y of 5%, then: (a) The…

A: Elasticity of demand is used to measure the responsiveness of the quantity demanded of a good due to…

Q: An increase in income raises consumption at each price, so the demand curve shifts to the left (b)…

A: The normal good refers to the good which is positively related to the income. When income rises, the…

Q: a. Let's assume that the base year was 2015, so that real GDP in 2015 equals nominal GDP in 2015. If…

A: Gross domestic product measures the market value of final goods and services produced by a nation…

Q: How was DeBeers able to create value in the dimaond sector? How did tangible and intangible…

A: Tangible resources are physical assets that can be touched, seen, and quantified. They include…

Q: 1. What does it mean when we say that the demand is unitary elastic? (a) A 1% change in price leads…

A: Elasticity measure the responsiveness of change in quantity demanded to change in an economic factor

Q: Aeronautic Technology Center at Tanjung Laboh, Batu Pahat Johor, for teaching and A new project has…

A: Given information Land acquisition cost =RM 0.7 Million Construction cost =RM 1.2 million Annual…

Q: "Inflation and Unemployment are the twin evils of a society". Discuss in details pls

A: The term unemployment indicates individuals who are willing to work and search for a job but would…

Q: A small open economy with free capital mobility experiences a temporary adverse supply shock and the…

A: "Capital mobility"  basically refers to the ease with which financial resources, such as money or…

Q: Julie lives for two periods. She works in the first, saves some of her income, and retires in the…

A: Given: Interest rate = 2% Population growth = n% Current Population = 1000 people

Q: Real GDP is a better measure of evaluating the economic growth of a nation than the nominal GDP

A: Real GDP refers to the country's GDP with the adjustments to numbers for deflation or inflation. On…

Q: Must we have inequality for economic growth? A. Yes, disparities in income and wealth encourage…

A: Economic inequality is the inconsistent dissemination of income and opportunity between various…

Q: Rank 1 2 3 4 5 6 7 8 9 10 Cause of Death diseases of the heart diseases of the vascular system…

A: A bar graph is a representation of tabular data graphically with the use of bars or strips. They are…

Q: The private marginal benefit of a product's consumption is PMB = 200 - 2Q, and the private marginal…

A: A negative externality occurs if the consumption if production of a product causes a cost to a third…

Q: Why would you expect sellers of branded goods with high upfront research and development costs to be…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: true or false Technological developments are a fundamental driver of opportunity.

A: Technological developments can possibly set out new open doors and change existing businesses.…

Q: 04 Identify each of the following cash items whether it is fixed cost, variable cost, sunk cost,…

A: 4)Production is the process of generating goods and services to fulfil the needs of a diverse set of…

Q: 500-QD Suppose the demand curve for oPad is P = 10 the quantity of oPad. What is the price…

A: Price Elasticity The proportion of a product's quantity demand change to price change is known as…

Q: Your Uncle Jimbo is willing to lend you $300 so you can buy a textbook. However, he expects $350 by…

A: Nominal rate is defined as the interest rate that is determined without taking into account the…

Q: 8.17. EFFICIENCY LOSS UNDER COURNOT. Consider a market where two firms simultaneous set quantities…

A: Consider a market where two firms simultaneous set quantities of homogeneous product with demand…

Q: If the price of streaming movie rental is $7.00, Darrin will rent 4 movies in a month. If the price…

A: Elasticity measures the change in quantity due to change in price.  The demand is said to be elastic…

Q: If a firm successfully engages in product innovation, resulting in monopoly power for the new…

A: Monopoly as describe by Irving fisher, is a market with the 'absence of competition', creating a…

Q: The following graph shows the supply of space on a commuter highway and the demand for highway space…

A: Supply refers to the quantity of a product or service that is available in the market at a given…

Q: A new flu vaccine is approved, what will happen to the equilibrium price and quantity of the flu…

A: The equilibrium price is determined where the demand and supply are equal. change in the equilibrium…

Q: Suppose that the per-worker production (labour productivity) function in South Korea is Y over L…

A: Given information: Suppose that the per-worker production (labour productivity) function in South…

Q: FedEx and DHL have similar delivery time to the most global destinations. However, DHL has lower…

A: Competitive advantage arises when the company achieve above average results relative to all…

Q: When there are two large open economies in the world, if desired international borrowing by the…

A: An open economy is an economy that interacts with the rest of the world through international trade…

Q: Required information The Briggs and Stratton Commercial Division designs and manufacturers small…

A: Present value is a concept in economics used to determine the current value of future cash flows. It…

Required Reserve and Excess Reserve Analysis

A required reserve is an amount of cash that banks must keep with themselves, which is certain percentage of the deposits made by their customers. Required reserve is a percentage of the bank's deposits that the respective bank must have on each overnight. The percentage rate is set and determined by the nation’s central bank. It is important to have such funds accumulated to meet its uncertain obligations, sudden liabilities and withdrawals. Required reserve is also known as reserve ratio. Reserve ratio is an important tool to control the money supply.