Microeconomics focuses on all of the following EXCEPT the O a. Hiring decisions made by a business. O b. Purchasing decisions that an individual consumer makes. O c. Effect on beverages sales of an increase in the tax on beverages. d. Effect of increasing the money supply on inflation.

None

F18

D Question 19 Price level (GDP deflator, 2009-100) 130 120 110 100 LAS SAS X AD 15.0 15.5 16.0 16.5 17.0 17.5 Real GDP (trillions of 2009 dollars) The above figure depicts an economy experiencing: O inflation Ozero unemployment O short run macroeconomic equilibrium O long run macroeconomic equilibrium,

Answer please

Explain the impact of higher corn prices on consumers. Draw a graph and upload your graph on canvas explaining the impact of higher corn prices on consumers. Explain which curve will shift on your graph and the change in price and quantity demanded. Explain the impact of higher corn prices on producers. Draw a graph and upload your graph on canvas explaining the impact of higher corn prices on producers. Explain which curve will shift on your graph and the change in price and quantity supplied. Edit View Insert Format Tools Table Paragraph |BIU A e p?u|: 12pt v

Question 2: Use the above graph to show the following how L* would change A. The price of the final good increases B. The wages increase C. During a period of inflation all prices and wages double

The table below pertains to Pieway, an economy in which the typical consumer's basket consists of 15 bushels of peaches and 10 bushels of pecans. Year Price of Peaches Price of Pecans 2012 $11 per bushel $6 per bushel 2013 $9 per bushel $10 per bushel Refer to Table 24-2. The cost of the basket in 2012 was O a. $212.50. O b. $235. ○ c. $200. O d. $225.

O Question Feed N. The Effects of Inflation on the O supply, demand & equilibrium + urses/234684/quizzes/212897/take shoppingggggg9 日多伦多 phd Assume a competitive market for tickets to see the Toronto Raptors. Assume quantities must be integers. Des and Flo each have six Raptors tickets. The table below gives the benefit that each person receives from each of her six tickets. (While Des receives a $117 benefit from her 3rd ticket if she keeps it, Flo receives a $93.50 benefit from her 3rd ticket if she keeps it.) What is the lowest market price at which a total of 5 tickets are supplied by the two individuals? Round to two decimal places, and do not enter the currency symbol. If your answer is $1.125, enter $1.13. Marginal Benefit, Marginal Benefit Quantity Des Flo 1 $152 $110.50 $149 $99.50 $117 $93.50 4 $107 $80.50 $86 $72.50 6 $54 $60.50

The unemployment rate measures: O A. unemployed workers as a percentage of the population age over-sixteen. O B. the number of people unemployed divided by the number of people employed. O C. unemployed workers as a percentage of the population. O D. unemployed workers as a percentage of the labor force.