Q: How will the aggressive e-commerce plan implemented by Walmart affect operations at it's retail loca...
A: The Retail Industry's Response to Ecommerce Trends With the rise of eCommerce - the world of online ...
Q: When there is a calamity, the government provides help either in the form of food or cash. Which wou...
A: Cash grants and subsidies are two of the many types of help that are provided by the government to i...
Q: Problem 1. Explain in detail what effect a Fed sale of bonds will have on: (1) the LM curve; (2) the...
A: The LM curve shows income (GDP) and interest rates (i) at which money supply (MS) matches money (liq...
Q: The yearly demand for a widget is 5000 units. The cost of ordering is $100 per order and the cost of...
A: Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity that minimi...
Q: 1 a. Your company is buying a machine tool that costs $575,000. They will pay for the machine in equ...
A: Cost of machine = $575,000 Installments is to be paid for = 8 years Interest rate = 10% Compounded ...
Q: ts Keep the Highest /3 nsumer Surplus e buys an iPhone for $150 and gets a consumer surplus of $200....
A: Equilibrium is achieved at the output level where Qs equals Qd
Q: Your wage increases by 25%. If you want to keep your income constant: Select one: You can only do so...
A: Here, it is given that an individual gets an increase in his wage rate by 25%, but he wants to keep ...
Q: Explain the role that is played by the three decision makers in the economy
A: The firm, the household, and the government are the three basic economic units that carry out produc...
Q: The demand and supply functions for basic cable TV in the local market are given as: QD = 200,000 –...
A: We have The demand function for basic cable TV: QD=200,000-4,000P .... (1) The supply functio...
Q: 15) For any cost function, you can find min ATC by etting ATC = and solving for q. %3D
A: Average total cost = total cost/ quantity
Q: What are the seven economic growth facts?
A:
Q: A company rent a building for P50,000 per month for a period of 10 years. Find the accumulated amoun...
A: The correct answer is given in the second step.
Q: How might the magnitude of the market risk premium impact someone's desire to buy stocks?
A: A risk premium is the projected investment return on an asset that is higher than the risk-free rate...
Q: Classify each of the following cost items as mostly fixed or variable 1. Raw materials 2. Direct Lab...
A: Note:- Since you have put a multi-part question, we are providing you with the solutions to the firs...
Q: In the following mixed-strategy, static, zero-sum game, calculate the optimal value for x (proportio...
A: The matrix can be written as
Q: The probability that a management trainee will remain with a company is 0-60. The probability that a...
A:
Q: Which of the following statements is true Select one: a. If economic profit is negative, accounting ...
A: Accounting profit is the difference between TR (total revenue) and TC(total cost). Economic profit, ...
Q: Lorilei Cruzado just purchased new CAD software for P 5000 now and monthly payments of P 500 for 6 m...
A: To find the present worth, we discount the future values with respect to the interest rate.
Q: Assume that 25 years ago your dad invested $300,000, plus $34,000 in years 2 through 5, and $49,000 ...
A: Given; Amount invested= $300000 Amount invested from 2 year to 5 years= $34000 Amount invested from ...
Q: What is Ovako Working Postures Analysis System? Explain.
A: Although analysis as a formal idea is a new creation, it has been used in the study of mathematics a...
Q: 4. Suppose that there is a negotiation between two players over a painting. Person 1, the seller, ha...
A: In-game theory, a subgame perfect equilibrium is a more advanced variation of Nash equilibrium used ...
Q: If you were studying the following relationship, which variable would be exogenous and which would b...
A: Endogenous variables are those variables whose values are determined in the model. It is also called...
Q: ABC, Inc., sells tea products to various customers. In recent years, profits have been declining. Th...
A: Regression analysis is a statistical tool for examining the connection between one or more independe...
Q: Hello can any one help with this Economics question: A restaurant serves two special dishes, A and B...
A:
Q: What is the difference between independent floating, managed floating, and fixed exchange rate syste...
A: In the international market, when countries decides to make an economic exchange, the price of the g...
Q: What is the difference between pricing objectives and pricing constraints?
A: In economics, the terms objective and constraints have different meanings to explain economic concep...
Q: PW analysis for one project refers to the value of all cash flows converted to a single sum equivale...
A: In the mentioned question we have been asked what actually PW is and do the given statement is true ...
Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of...
A: Fixed cost is the cost of production that doesn't vary with the level of production and exits even w...
Q: Which of the following statements is false? The owner of a patent is not obliged to grant a l...
A: A patent is an exclusive right granted to a product or technique that offers a novel technical inven...
Q: On Macro Island, the demand for money is determines by (M)" = 200 - 20r. The price level P is 3. %3D...
A: Demand for money is the desired holding of financial assets in the form of cash or bank deposits. It...
Q: 2) Short Answer Using the following production and cost information for a firm in a perfectly compet...
A: Firms in perfect competition are price takers because there are many firms producing identical goods...
Q: Assume that two companies (C and D) are duopolists that produce identical products. Demand for the p...
A: Given; Demand function; P=600-QC-QD Total Cost function of C; TCC=25000+100QC Total Cost function of...
Q: 1. Financial institutions in the U.S. economy Suppose Van would like to use $9,000 of his savings to...
A: In a market, a firm enters to make production and earn income from it. Production required capital a...
Q: What can increase the standard of living in the Malthusian model?
A: Before the industrial revolution, the Malthusian economy was the economic system that characterised ...
Q: 1. Circle the data sets that reflects the Law of Supply. Explain why it reflects the Law of Supply. ...
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for yo...
Q: The joint probability distribution of two random variables, Xand Y, is given in the table below. Y=-...
A: For X greater than or equal to -1 we have X = -1 and X=0 And for Y greater than or equal to -3, we h...
Q: Determine the total amount of an investment of $9750 for 25 years, at an interest rate of 7.2% compo...
A:
Q: The target investors of the new issuance of the 800,000 P1,000-par value shares expect a return of 1...
A: Return rate = 14% Par value = 1000p Return per share = 160
Q: (1) Consider two countries (England and India) that can produce two goods (cloth and trains) using t...
A: A capital intensive sector tends to have a comparatively lower ratio of labour inputs and will have ...
Q: What is the difference between an agricultural wage worker and a peasant? What about a (fixed rent) ...
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If you...
Q: Suppose that the elasticity of demand at a given price level is E(p)-D1.5. What does that mean? Sele...
A: Some products' prices have been determined to be highly inelastic by economists. That is to say, low...
Q: (b) The government starts subsidizing ethanol fuel, a rice-based substitute for gasoline. The progra...
A: Disclaimer: Since you have posted a multipart question, I am providing you with the answer to first ...
Q: What is the 'revolving door' of aid and capital flight? How do Ndikumana & Boyce claim that Africa i...
A: The revolving door is the concern with job switching from public to private or private to public and...
Q: A risk-neutral monopoly must set output before it knows the market price. There is a 50 percent chan...
A: A monopolistic market is one in which a product is produced solely by one company. One of the charac...
Q: How does Covid-19 affect the opening of classes this school year 21-22?What is the role being by the...
A: Everyone faced the covid-19 pandemic from 2020 to the present year. Although currently, it is a very...
Q: When comparing multiple alternatives: a) Choose the alternative with the greatest PW over the planni...
A: The planning horizon is the amount of time a corporation will look into the future when creating a s...
Q: In my household on a given day, I can clean 2 room or do 4 load off laundry. However, my mom can cle...
A: Production possibility frontier shows the combination of two goods that a country can produce effici...
Q: The demand equation is . x=-3/4p+10 Compute the elasticity of demand and determine whether the d...
A: Given:Demand=X=-34p+10Now,Slope of demand=∂X∂PSlope of demand=-34
Q: Suppose that output q is a function of a single input, labor (L). Describe the returns to scale asso...
A: Returns to scale: when all factors of production changes in a given proportion, then output could ch...
Q: The stimulus check is an example of Select an answer and submit. For keyboard navigation, use the up...
A: Stimulus refers to the measures adopted by the government to stimulate the economy. Stimulus checks ...
answer only question 3 pls
Step by step
Solved in 2 steps
- Suppose that the production function for the economy is given by: Y = AL/3K/3 Suppose that this economy has 1,000 units of Labour, and 125 units of capital, and TFP (A) is equal to 10. The Short-Run Aggregate Supply Curve (AS) here is given by: Y = 5p And when we consider the AEF at a price level of $1,400, the main components of it (C, I, & G) are given by (we are assuming a closed economy NX = 0): C = 300 + 0.8Y I = 300 G = 200 1. What is potential GDP in this question (Y*)? Show your work. Suppose also that for any $10 decrease in price, desired consumption will increase by $5. 2. Write down the equation for the Aggregate Demand Curve (AD) in the form of Y = a + bp. Show your work. 3. What is the current Short-Run Equilibrium value for Real GDP (Y) and the price level (p)? Show your work. 4. Draw the AD, AS, and LRAS curves. Label all x-intercepts and y-intercepts. Are we currently in an Inflationary Gap, Recessionary Gap, or in Long-Run Equilibrium? How do you know?The weighted average TT/US dollar selling rate depreciated marginally by 0.05 percent to US$1 = TT$6.7838 in August 2021 from US$1 = TT$6.7802 in October 2020.” Create a supply and demand graph with the above information.Refer to the data in the table given below. Suppose that the present equilibrium price level and level of real GDP are 100 and $280, and that data set A represents the relevant aggregate supply schedule for the economy. (A) Price Level 100 100 100 100 Real GDP 205 230 255 280 (B) Price Level 110 100 95 90 Real GDP 230 230 230 230 (C) Price Level 110 100 95 90 Real GDP 280 255 230 205 a. What must be the current amount of real output demanded at the 100 price level? Real output demanded = $ b. If the amount of output demanded declines by $25 at the 100 price level shown in A, what will be the new equilibrium real GDP? The new equilibrium level of real GDP = $ In business cycle terminology, what would economists call this change in real GDP? (Click to select)
- Given the following circumstances, indicate whether or not the aggregate supply curve would shift and, if so, which way would it shift: The price of a barrel of oil doubles An advance in alternative energy technology significantly reduces its cost In order to maintain a relatively clean air quality, a carbon emissions tax is levied against firms with a carbon footprint As a result of fracking, the price of natural gas is significantly reduced Advances in technology increase the productivity of the American worker, on average, by 30%Assume that the long-run aggregate supply curve is vertical at Y = 3.000 while the short-run aggregate supply curve is horizontal at P=1.0, . The aggregate demand curve is Y = 2(M / P) and M = 1,500. Suppose the aggregate demand function shifts to Y = (1.5)(M / P) . What are the short- run values of P and Y? Show the change in short and long- run equilibrium graphically . Describe the short- run and long- run effects of the change in demand .Improved methods of inventory control were supposed to reduce fluctuations in inventory stocks. It is clear that these methods have helped reduce the equilibrium inventory/sales ratios in both the manufacturing and trade sectors over the past decade. Yet we find that during the 2001 recession, inventory investment accounted for more than the total decline in real GDP, the first time that had happened since 1949. Explain whether this result is due to a set of odd coincidences, or whether the improved methods of inventory control actually caused bigger fluctuations in inventory investment relative to final sales.
- The short-run quantity of output supplied by firms will exceed the natural level of output when the actual price level ———-that people expected.The following graph shows an increase in aggregate demand (AD) in a hypothetical country. Specifically, aggregate demand shifts to the right from AD1 to AD2, causing the quantity of output demanded to rise at all price levels. For example, at a price level of 140, output is now $400 billion, where previously it was $300 billion. 170 160 150 140 - 130 AD2 120 110 AD, 100 90 100 200 300 400 500 600 700 800 OUTPUT (Billions of dollars) The following table lists several determinants of aggregate demand. Complete the table by indicating the change in each determinant necessary to increase aggregate demand. Change Needed to Increase AD Wealth Taxes Interest rates The value of the domestic currency relative to the foreign currency PRICE LEVELAssume that we have a Cobb-Douglas type aggregate production function in the form: Y=KaLb a-)Briefly explain why y''≤0 b-) Find the elasticity of substitution between K and L. What does expansion path look like?
- An economy is described by the following: C=20+0.9Y I=120-200r. Md=250+0.2Y-400r. Ms/P=1250 Y=70 W=17.5 Lf=144 a) Find AS and AD. b) Find the equilibrium level of Y and P c) Graphically represent this economy d) Find the long-run Y of this economy. e) What is the level of government expenses G, the government needs to impose in order to lead the economy to the full employment? (Show the long-run graphically).Which of the following would cause the Aggregate Supply curve to move from AS to AS2 in the graph below? A) A general increase in energy and labor cost for businesses. B) A general decrease in labor cost for businesses. C) An increase in productivity. D) A federal government increase in spending.Similar to how the quantity demanded for a good depends on its price, the quantity of money demanded depends on the cost of holding money, or the nominal interest rate (i). In addition to this, the demand for real money balances is also a function of income (Y). Using all of this information, suppose the demand for real money balances takes on the following functional form: (M/P)dd=500 + 2Y – 9i The Fisher equation relates the nominal interest rate to the real interest rate (r) and the expected rate of inflation (Eπ) when examining ex-ante (based on forecasts or 'before the event') effects. The equation ( (M/P)dd = 500 + 2Y – 9(Eπ – r)/(M/P)dd = 500 + 2Y – 9(r – Eπ) / (M/P)dd = 500 + 2Y + 9(r + Eπ) / (M/P)dd = 500 + 2Y – 9(r + Eπ) ) is equivalent to the function given for the demand for real money balances. Suppose the central bank announces that it will increase the money supply in the future, but it does not change the money supply today. Complete the following…