Identify the segment that represents the corresponding letter) Ű A D Firms B C payment for factors or resources like labor. (Click directly on the Ċ Goods and H Service Market Households E Factors market G TI F

Q: a. What is the labor rate variance for the month? b. What is the labor efficiency variance for the…

A: division of labour, the separation of a work process into a number of tasks, with each task…

Q: 1. Tim has borrowed money from Lisa and proposed to pay back the money in two payments. Tim…

A: Simple interest is a speedy and simple strategy for working out the interest charge on a loan.

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A: Uncertainty Problem is the situation where you do something about which you are not sure which leads…

Q: 6. Consider the following Cobb - Douglas utility function: U = χαγβην *Note, it should be assumed…

A:

Q: NX-500-500e r=r*=5 Suppose the world interest rate drop from r=5 to 2percent (assume government…

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A: The null hypothesis is tested using a confidence interval.

Q: Critically explain with examples how the budget can influence economic growth and development.

A: Answer: Introduction: Budget: budget is a financial statement of all the estimated revenues and…

Q: Which of the following health related entities can be thought of as a social cost? herd immunity…

A: The sum of private and external cost is the social cost.

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A: The unemployment rate is below 5% in 2022, which is regarded as full employment. This improvement…

Q: A monopoly has the following demand, marginal revenue and marginal costs: Demand: P = 72-Q Marginal…

A: Total revenue is the product of price and quantity and is maximised when marginal revenue is zero.

Q: company has fixed costs of $1,200 per month and a selling price of $95 per nit. For an output level…

A: Profit = TR-TC. TC = TFC +TVC

Q: the following data for a country: Category ulation n under 16 years of age or institutionalized por…

A: Given that, Total population: 500 million Institutionalised: 120 million Not in labour force: 140…

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A: Discouraged workers refer to those workers who have hove hooked up looking got work. So they are not…

Q: 8

A: The inflation rate is the price level of goods and services over a period of time. The rise in the…

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A: Exchange rate is the rate at which one country change their currency in foreign currency ,  every…

Q: Section A: Instruction: This section is mandatory and contains only one question. Question 1: There…

A: Answer -

Q: Which of the following accurately describes the fundamental problem at the core of all economic…

A: Economics is a branch of social science that deals with the efficient allocation of finite resources…

Q: Consider the following problem with 17 voters and 3 candidates. 6 people rank a over b and b over c.…

A: Condorcet winner is the candidate that beats all of its opponents.

Q: First cost, $ Annual operating cost, $ per year Life, years Salvage value, $ Machine R -250,000…

A: Annual Worth (AW) Analysis is defined as the equivalent uniform annual worth of all estimated…

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A: In economics, diminishing returns is the decrease in marginal output of a production process as the…

Q: Under the economic interest theory of regulation, state and discuss the factors that determine…

A: Any alliance of persons or groups, generally formally constituted, that strives to influence public…

Q: Using ordinal numbers in directions should be explained 0 avoided recommended o forced b do

A: In the mentioned question we have been asked what should be done with ordinal numbers during the…

Q: A business needs to purchase packaging equipment that will provide revenue of $120,000 per year for…

A: Loan Amount = 70000  Payable in 6 years at 12.5% . So , annual payable amount = 70000(A/P , 12.5% ,…

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A: Qd= 1000-10P Qs= 2P-20

Q: Table 1.2 Price per Quantity Demanded Unit $5 320 $10 260 $15 200 $20 140 $25 100 $30 50 $35 10 In…

A: We have quantity demanded and supplied for different level of price.

Q: - Tim has borrowed money from Lisa and proposed to pay back the money in two payments. Tim suggested…

A: Given Option A: $500 in one month and $2500 in 8 months   Option B:  1000 in three months and…

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A: Introduction Devaluation of the economy's currency is often thought to improve the balance of…

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A: Salvage value is the book value of an asset after all depreciation has been completely discounted.

Q: 1. Tim has borrowed money from Lisa and proposed to pay back the money in two payments. Tim…

A:

Q: for producers to to pro why? Explain f. e. What will happen to total surplus in the market if 110…

A: A equilibrium is the point where firm maximise the profit and produce efficient level of production…

Q: A10

A: Keynesian theory predicts that the economy is below the full employment level of output. The economy…

Q: In 2019 Country A had a current account deficit of $1.2 billion. CountryA's capital account was in a…

A: Current Account is the account which show the value of export and imports done by country in a…

Q: Consider the data for a known country for the consumer price index (CPI), by components:(base year…

A: a) The value of the CPI index in December 2018 is 107.76. The value of the CPI index in the Base…

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A: The Cobb Douglas production function is as follows: Y = AKαL1-α Here, Y is output A is total factor…

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A: Tax burden refers to the share of tax that consumers and producers bear in the case of an imposition…

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A: Level output is the net output of an economy in a period ( generally a year). It represents the…

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A: Tariff is a government-imposed tax on imports. They raise consumer prices, cause a drop in imports,…

Q: In the game above, what is/are the EFFICIENT sub-game perfect Nash equilibrium?

A: In the given scenario, there is a two sub-perfect nash equilibrium. i. Up, Up This is because if…

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A: The velocity of cash can be determined as the proportion of ostensible GDP (GDP) to the cash supply…

Q: Today,your lecturer gives you one table that decribes the product information of one city as below.…

A: a.) Nominal GDP in 2015  = Price(2015) * Quantity (2015) = (1.40+0.50+12) *(510+1000+80)  = 13.9 *…

Q: Suppose the government imposes a price floor of $60. This price floor is supplied will be and the…

A: A price floor is a type of price control. A price floor is a lower limit on the price that is…

Q: 1. 2. The table below shows the price of the basket of goods and services for each of the following…

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A: First Increase the maintenance cost on the basis of the inflation factor 4%. Then find their present…

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A: as we know at equilibrium level MR=MC where profit is maximised and it is the point where price and…

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A: Ans. 2. Nominal GDP is the value of goods and services in the current year.            Real GDP is…

Q: Consider the null and alternative hypotheses He: -5.6 vs. H₁ :>-5.6, where the sample mean is 2-4.9…

A: Null Hypothesis refers to the proposition that the set of observed variables of the observed…

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A: Central banks have a vital role in preserving price stability (consistently low and stable…

Q: Determine the value of (F/P,35%

A: Information extracted from the question is that the interest rate is 35% and 15 is the time period…