If the price of one gallon of gasoline goes down from $4.07 per gallon to $3.99 per gallon, how will that affect the value of the US dollar? Why does it affect the value of the dollar?

Q: Price £/unit E 'D3 D1 D2 Quantity Figure 4 Supply and demand curves for a normal good Figure 4 shows...

A: Market equilibrium is determined when the quantity demanded of a good is equal to the quantity suppl...

Q: A Chinese etie tys en autonutile produced in Japari tya Caaden company What aopen resu Select one O ...

A: The rate that depicts at which one currency is being measured in terms of another currency is known ...

Q: $48,000 5 years $57,000 %8 of amount to be deprecia %13 of book value (end of pe: he fourth year tor...

A: Depreciation means a strategy used to apportion the expense of a substantial or actual resource over...

Q: homy is characterized by the equation 50-5Q, domestic supply is characterized by equation Q=0.5·P+35...

A: Both questions answers given below,

Q: Is there a connection between the concepts of Long Run Aggregate Supply and the Natural Rate of Unem...

A:

Q: QUESTION 13 International Trade is a substitute for: OA. Many kinds of government rule. OB. The move...

A: International Trade: The term international trade refers to the trade when goods and services are so...

Q: Define the opportunity cost . What is the significance of opportunity cost in economics.

A: Opportunity Cost Opportunity cost is the cost of next best foregone.When a person, an investor, or a...

Q: Which (if any) of these statements are correct?   Empirical results show that trade between two part...

A: The answer is - Empirical results show that trade between two partners tends to be higher among part...

Q: 5. Use the following table which shows the TR and TVC schedules of a hypothetical monopoly for the n...

A: Total variable cost is subtracted from the firm's total revenue to arrive at gross profit. Total fix...

Q: QUESTION 47 e customs union CARICOM applies to: A. East Asian nations. B. Middle Eastern nations. C....

A: The answer is - D. Caribbean nations

Q: Description of the event of fresh milk in some company: The Market Forces of Supply and Demand - I...

A: The curve that depicts the quantities that are being demanded by individuals at various price levels...

Q: Suppose that Romeo in Problem 8 has the utility function U= S6 RS, and Juliet has the utility functi...

A: Given; Romeo's utility function; U=SR6SJ4Juliet's utility function; U=SR4SJ6where;SR=Romeo's spaghet...

Q: Which of the following statements are correct? The multiplier is: Select one or more: O a. the ratio...

A: "Correct answer is option b."

Q: Explain neoclassical theory of distribution.

A:

Q: How many times greater was the GDP in 2004 than in 1950? By how many times did the GPI increase betw...

A: In comparison to 1950, the GDP in 2004 was 3.42 times higher. From 1950 to 2004, the GPI climbed by ...

Q: QUESTION 16 Free trade restricts a nation's ability to specialize in specific commodities that may a...

A: Note:- Since we can only answer one ques at a time, we'll answer the first one. Please repost the qu...

Q: Which statement about global trade in the present environment is true? -The World Trade Organization...

A: Answer - 

Q: Engineering Economics 2-) We have a five-year contract, compounded quarterly, at a rate of 16% per y...

A: 5 Year Contract per quarter Amount = $12 million interest rate = 16% per year  

Q: Given that autonomous spending is 100 billion, disposible income is 20 billion, and marginal propens...

A: C = a + bY Where C= Consumption expenditure in aggregate             a= Autonomous consumption      ...

Q: What would be the effect of an unexpected increase in the price of oil on a graph showing aggregate ...

A: In an economy, aggregate demand and aggregate supply curves are the graphical representation of the ...

Q: 6. We have the production function, Q= f( K,L). Factor prices are r and w respectively and the produ...

A: Here, we have Production function, Q=f(K,L) Rental rate of a unit of capital is given by r which is ...

Q: Determine the ERR of the engineering project shown below when the MARR is 18% per year and the reinv...

A: * SOLUTION :-  Given that ,    The MARR is = 18% The reinvestment rate is = 15%

Q: Answer both questions 2. Suppose a particular stretch of river can be used to build a hydropower da...

A: 2. Given generation of electricity.  = Q kilowatt-hours. Price of electricityP = 1.44 per kilowatt-h...

Q: Question 3 A decision maker has a utility function U = VĪ. This decision maker is: O risk-loving. O ...

A: U = √I is a concave utility function. We know that for concave utility function the individual is ri...

Q: In the world market, a pair of shoes from China is sold for $40 and that from Mexico is $50. U.S. ma...

A: Before free trade:- Price of shoes in China= $40 Price of shoes in Mexico= $50 Price of shoes in sho...

Q: Rizal’s abandonment of assimilation. What led to Rizal’s shift in ideology? Was this shift justifiab...

A: Jose Rizal, also known as Jose Protasio Rizal Mercado y Alonso Rialonda, was a Filipino nationalist,...

Q: Spending (bilions of dollars) 800 45-degree line 700 AE 600 500 400 300 200 100 100 200 300 400 500 ...

A: Answer -

Q: Answer cannot be determined To the right To the left

A: When the Fed purchases government securities, the quantity of money supply increases in the Economy....

Q: You are a manager of an advertising company. The company is running short of funds, so you decide to...

A: Total Revenue: The term total revenue refers to the total earning that is generated by the company o...

Q: A general has the two possible pure strategies, sending all of his troops by land or sending all of ...

A: "Statement is FALSE."

Q: Consider a two-good exchange economy withr identical consumers. The consumption set is R, the indivi...

A:

Q: 8. If the adult population of a city is 1,000,000 people, and the labor force size is 600,000 people...

A: Given; Adult population= 1,000,000 people Labor force size= 600,000 people Formula to calculate:- La...

Q: 7. Find the utility for the following time-discounted situations ( U = 100 + E(100 - 50)0.95' %3D a.

A:

Q: The was formed in 1969 when Bolivia, Chile, Ecuador, Columbia, and Peru signed the Cartagena Agreeme...

A: Cartagena Agreement was related to biosafety.  

Q: 4. A monopoly’s supply curve is A. more elastic than is the supply curve of a PC industry. B. the ...

A: Monopoly It describes a market situation in which there is just one seller and a large number of buy...

Q: Reese has recently left her teaching job to open a bakery. The ______ is an example of the implicit ...

A: The cost incurred is either implicit cost or explicit cost. Explicit cost is the cost which is incur...

Q: [please show all steps thanks!] A food product is either organic or non-organic and the consumers ca...

A: Answer -

Q: In the productivity curve figure, the impact of eduction and training that increases workers' human ...

A: The answer is - B. a shift from A to B

Q: The manager of the bank where you work tells you that the bank has $100 million in deposits and $22 ...

A: When a company produces a profit at the end of the year, a portion of it is put back into the tradin...

Q: what is differentiation? What are some forms of differentiation in washing detergents? How does diff...

A: A differentiation strategy is a methodology organizations create by giving clients something special...

Q: A competitive industry consists of 100 identical firms. The short run cost function of each firm is ...

A: Competitive industry A competitive industry refers to a type of industry in which there is a large n...

Q: b) i. Explain two reasons why some analysts argue that FDI will promote development & ii. two reason...

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...

Q: 3. Consider the utility function u(x, y) = - (v41) (a) Find the equation for the marginal utility fo...

A: Answer-

Q: On the foreign exchange market, an increase in a country's exchange rate O a. decreases the demand f...

A: When any foreign currency appreciates in the home country the demand for it will decrease and there ...

Q: The demand for labor is L= 4000 - 300w, where L is the number of workers demanded and w is the hourl...

A: Labor Demand : Ld=4000-300w Labor Supply : Ls=200w Equilibrium wage=$8 Equilibrium quantity of labor...

Q: Suppose that Helena's utility over goods x and y is given by U (x, y) = 2/# + /ỹ X. Solve Helena's u...

A: Answer: Given, Utility function: Ux,y=2x+y Let the price of goo x be Px and the price of good y be P...

Q: By how many times, respectively, did benefits, environmental costs, and social and economic costs in...

A: Benefits grew 2.4 times, environmental costs climbed 5.1 times, and social and economic costs increa...

Q: If there are implicit costs of production

A: To find : What is implicit cost of production. 

Q: An increase in government spending in a simple open economy leads to Fall in both budget and current...

A: Correct option is the last option i.e. "An increase in both the budget and current account deficit."

Q: Jack Spratt's utility function is U(F, L) IL. His wife's utility function is U(F, L) F. If Jack's in...

A: Given information Utility function Jack Utility function U=L His wife utility function U=F Initial e...