"The US government should enact polices that encourage sustainable and equitable economic growth. " briefly give an efficiency argument in favor of that position.
Q: complete. The managers expected that the new camcorder would bring 28 billion yen in additional…
A: This is MCQ question
Q: Confidential 5. In a small open economy, desired national saving, Sd = $10B + $100B X desired…
A: A small open economy, truncated to SOE, is an economy that partakes in global exchange, however, it…
Q: In markets for information, which party generally has more knowledge about the value of the…
A: In the market for information, people gets information about goods and services by sellers and…
Q: WHAT IS THE DIFFERENCE BETWEEN MONOPOLY AND OLIGOPOLY? PROVIDE EXAMPLES.
A: Thank you for the question. As per BNED we can answer 1 question per session in case of multiple…
Q: 1. A fundamental problem in international economics is how to produce a world government that can…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: Price Ali Kelly Jessie Market 4.00 4 0 1 3.00 8 2 2 2.00 12 4 3 1.00 16. 6 4 Quantity Supplied By:…
A: *Answer: Market demand is the sum of individual demand at different prices. Market supply is the…
Q: Question 1.Find the optimal input bundle, (L ,K), when r = $11a, w = $38, F(L,K) = L 2/4K 1/4 and…
A: A production function in economics describes the technological relationship between the quantities…
Q: A. The RBA (Reserve Bank of Australia) is concerned about the trend since the early 2000s of a 75%…
A: Introduction Question related to the topic study of economics among students.
Q: Explain the law of diminidhing returns whith a relevant example
A:
Q: Over the past year, total factor productivity grew 4%, capital grew 3%, and the labor supply grew…
A: The Cobb Douglas production function is as follows: Y = AKαL1-α Here, Y is output A is total factor…
Q: Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its…
A: Given information is: Fixed cost: $500 Variable cost: $0.65 per unit Selling price: $0.85 per unit…
Q: An endogenous variable is a variable explained by an economic model. An exogenous variable is a…
A: Introduction The statement is given about two variables of economic model.
Q: Q5 In a two-period model, suppose that a consumer's utility function is: U(C₁, C₂) = log(c₁) +…
A: Utility function : U(c1, c2 ) = log (c1) + log(c2) Period 1 Budget constraint - c1 + S = Y1…
Q: Q1: Zainab has a weekly budget of $48, which she likes to spend on magazines and pies. A. If the…
A: The budget line is a graphical outline of all potential mixes of the two products that can be…
Q: Gamma and Zeta are the only two widget manufacturers in the world. Each firm has a cost function…
A: We have here:- Total cost=TC=10+10q+q2 Inverse demand function=P=100-Q=100-q1-q2 marginal…
Q: Indicating consumption sider an agent who want to maximize her duty function, 6₁, 62) - ₁2 subject…
A: We have given welll behaved utility function for C1 and C2
Q: electric automobile can be purchased for $25,000. The automobile is estimated to have a life of 12…
A: Equivalent annual worth analysis is one of the most commonly used investment analysis techniques.…
Q: 1. Ben and Jerry are two partners-in-crime, who have robbed a bank. Ben got caught and is questioned…
A: We have given payoff matrix for players Ben and jerry.
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: [CLO-6] Which investment project is guaranteed to be accepted for an evaluation useful life of 6…
A: MARR is the the minimum acceptable rate of return. Below MARR firm will not accept any investment.…
Q: 4) Refer to the table below to answer the following questions. Table 2 Firm A R&D No R&D A:-$3 A:…
A: The dominant strategy is the best course of action that provide the maximum outcomes no matter what…
Q: Economics In the small country of Lavinia; the GDP which means aggreagate supply is $ 120 billion,…
A: Aggregate demand = Autonomous spending * Multiplier The required increase in G i.e. government…
Q: Consider the following consumption function: C(Y)=0.8 (Y-T), where Y represents income and T…
A: Budget deficit refers to difference between income and expenditure of government.
Q: The consumers' burden associated with an excise tax will be largest when demand is OA. vertical. B.…
A: The consumer's burden associated with an excise tax will be the largest when demand is vertical.
Q: A real estate developer bought land for $170 000.00 down and monthly payments of $8 450.00 for 5…
A: Given Down payment = 170,000 Monthly payment = 8450 $ Time = 5 years Interest rate = 8.75 %…
Q: True or False? Make explanation please. If u-un is equal to zero, the output is at potential.
A: Optimal level of output is the result where the minor income got from the last unit offered rises…
Q: Next, fill in average total cost in the table. (Enter your responses as real numbers rounded to two…
A: Average total cost is the cost per unit. It is the ratio of total cost and output
Q: equation for the tax-adjusted user cost of capital is (r+d)PK 1-t (1-t)i-ne. =. (r-d)pk. -. (r+d)pk.
A: Given that, real interest rate,r = 0.16 depreciation rate,d = 0.06 Tax adjusted user cost, = 14.72…
Q: Is the following statement true or false? Given is the graph below of the oil market. Without the…
A: Here, the given graph shows the market for oil and two situation are presented in this graph that…
Q: Suppose that the federal government is concerned about obesity in the United States. Congress is…
A: Product taxes are levied on each unit of an item or service produced or transferred.
Q: 2-) Hypothetical monopoly costs and revenue Quantity Price Total cost $500 $400 2 450 650 3 400 950…
A: Profit Maximization refers to the condition of firms trying to minimize costs and maximize revenues.…
Q: Suppose a decrease in price from $10a to $5 causes an increase in Q D from 1003 to 120. Calculate…
A: Given When the price is decreased from $10α to $5 then the quantity demanded increases from 100β to…
Q: ow has the development of capitalism influenced what became the United States from Contact to the…
A: Since the breakdown of feudalism, capitalism, also known as free market economy, has been dominant…
Q: u (x1, x2) = x1x2 What is the value of MRS(4, 20)? (Don't forget to include a minus sign in your…
A: Given Utility function:u(x1,x2)=x1x2 .... (1) We have to calculate the marginal rate of…
Q: Consider the data in the following table, which represents the total productio country Byzantium, a…
A: Nominal GDP - This is the GDP calculated with the price and quantity at current price without…
Q: Problem Solving 1. Suppose the Central Bank reduces the money supply by 5 percent. Assume the…
A: Aggregate Demand is the prevailing demand for all the services and goods in the country’s economy…
Q: 14.At the point of tangency, what is true about the ratio of the goods' marginal utilities and the…
A: In financial matters, utility is the fulfillment or advantage determined by consuming an item. The…
Q: of Naked Economics, Charles Wheelan explains alternative exchange rates systems. To which of the…
A: A fixed exchange rate can be defined as a system of exchange rate that ties the country's official…
Q: A country has 50 million people, 30 million of whom are adult noninstitutionalized civilians. Of the…
A: Discouraged workers refer to those workers who have hove hooked up looking got work. So they are not…
Q: The Quick Snap photo machine at the Lemon County bus station takes snapshots in exactly 80 seconds.…
A:
Q: An American (USA) car currently costs $18,000 while the equivalent United Kingdom (UK) car costs…
A: (PPPs) are the paces of cash change that attempt to adjust the buying force of various monetary…
Q: If a country switches from a flexible exchange rate regime to a fixed exchange rate regime, this…
A: A floating exchange rate is determined by the market forces of supply and demand. On the other hand,…
Q: For output levels of 1, 2, 3, 4, 5 and 6 units, a competitive firm's total costs are $142, $172,…
A: Profit maximize when MC = MR MC is marginal cost and calculated by MC = (TCn - TCn-1)/(Qn - Qn-1)…
Q: If the central bank raises the inflation target by 3%, we would expect that: A. the real interest…
A: Inflation is defined as an increase in the price of goods and services purchased by households. The…
Q: A perfectly cometitive firm is likely to have its elasticity value a). be in the inelastic range b).…
A: Perfectly competitive is a market where there is large no of buyers and sellers. The firm is the…
Q: Consider a firm in a perfectly competitive product market selling each unit of its product for $9.…
A: Introduction We have given a production of a competitive firm. A)i) Production function Q = 10 K1/4…
Q: Can we print as much money to increase consumer spending and allow the aggregate to shift to the…
A: In an economy, aggregate demand can be increased with the help of monetary policy as well as fiscal…
Q: a. At the equilibrium price, calculate total surplus in the market. b. Assume demand increases and…
A: The difference between what a producer is willing to accept for a certain quantity of an item and…
Q: The difference between economic profit and accounting profit is that economic profit is calculated…
A: An explicit cost is the clearly stated costs that a business incurs. For example, employee wages,…
Q: What are some reasons that CPI inflation may overstate the true increase in the cost of living?
A: An exhaustive measure utilized for assessment of cost changes in a bin of labor and products…
"The US government should enact polices that encourage sustainable and equitable
briefly give an efficiency argument in favor of that position.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- How is capitalism now defined with the application of sustainable development? Give 3 cases of companies applying sustainability in their organizational policies. Briefly expound.How does horizontal growth differ from vertical growth as a corporate strategy? Discuss different types of horizontal and vertical growth strategies giving practical examples. How does horizontal growth differ from vertical growth as a corporate strategy? Discuss different types of horizontal and vertical growth strategies giving practical examples.Figure 25-2 Output per Worker Capital per Worker Refer to Figure 25-2. "When the amount of capital per worker increases by one unit, a poor country experiences a greater benefit than does a rich country." Does the figure illustrate this notion? Briefly explain.
- Why are institutoins the key to economic growth?Question 26 Which one of the following is an incorrect statement about the effect of US natural capital on market growth? O New York City has a large harbor along a major river, the Hudson. With the completion of the Erie Canal in 1825, the locational advantages of New York were enormous. Between 1790 and 1850, New York's population increased from 33,000 to over 800,000. O h the eighteenth and nineteenth centuries, land abundance and avalability promoted low rates of population growth through natural increase because it discouraged high birth rates and fostered relatively high mortality rate. O In 1900, the twenty largest American cities were all located on major waterways. Before Colorado entered the Union in 1876, all U.S. states had at least one border delineated by rivers or oceans. O Many cities in the United States formed at obstacles to water navigation, where continued transport required overland hauling or portage. Portage sites attracted commerce and supporting services, and…What is economic development? Briefly explain the concept of economic development.
- Plz help by answering all 4 questions in paragraph from in 150-200 words 1)What are the matters directly related to comparative economic systems? Discuss whether different policies are better for GDP growth and reducing inequality. 2) Do countries with higher freedom scores have LESS inequality? 3) Do countries with higher freedom scores have higher economic growth? How does economic Freedom Index promote, clean environments, healthy societies human development, democracy, and alleviate poverty? 4)Do Countries with strong Economic Freedom have higher GDP per capita and growth? State this like a hypothesis Economic freedom does not require government involvement, so, economic freedom would be more prevalent in a capitalist country than in a socialist country BUT then how does this relate to the European-Socialist countries that have very strong free market mechanisms, but are still considered "socialist".??Briefly explain economic growth and discuss two major economic benefits of economic growth .1. Haiti is one of the poorest countries in the world. Suppose you were asked to be an advisor to the policymakers of Haiti. Please briefly discuss two policies that you would recommend to them to promote economic development in their country.
- What is an emerging industry? What is the primary opportunity available to entrepreneurial firms in emerging industries? In class we discussed AI, EV, NFTs, Blockchain, Robotics & Genetics. Can you explain why these industries will have exponential growth now and in the future? You can use the graph below to support your answer.What are the impacts of Human and Physical Capital in a Global Economy? What are the Characteristics of a Monopoly Market?What do economists mean when they refer to improvements in technology?