Q: 2. Which of following statement is NOT correct about standard error? a. the square root of the estim...
A: a. The square root of the estimated variance of cofficient is called standard error. This statement ...
Q: The aim of this question is to derive the sufficient statiscs formula for the efficiency cost of a t...
A:
Q: In the IS/LM model, there is a labour market depiction full employment a Keynesian...
A: The three basic exogenous, for example outer, factors in the IS-LM model are liquidity, speculation,...
Q: Individuals can withdraw their pension funds at any time, even before they reach retirement age. * ...
A: Labor Force: The term labour force refers to those people who are above 16 years of age or fall in t...
Q: Which of the following is a monetary policy to combat a recession 1. cutting taxes. 2. increasing mo...
A: Monetary policy is the action taken by the Central bank of the economy at the time of recession or t...
Q: In the IS/LM model, the exogenous variables include government spending, income and interest r...
A: Exogenous variables are those variables whose values are given to find the value of endogenous varia...
Q: Suppose that in a perfectly competitive market, the demand for Frisbees is given by Q=200-2P and the...
A: Deadweight loss refers to the loss to a society which occurs due to an inefficient quantity produced...
Q: If the price elasticity of demand is -0.11, what would be the change in price if quantity supplied i...
A: Price elasticity of demand: - Price elasticity of demand measures the responsiveness of change in de...
Q: The solid line represent current PPF while the dashed line represents a country's desired PPF. Choos...
A: Production Possibility Frontier: It is the curve that shows the various combinations of two goods th...
Q: A1 In a hypothetical survey about proposed cuts to higher education, suppose that the following ques...
A: The question can be like this to make it more clear and unbiased.
Q: a) Derive the aggregate supply curve according to new Keynesians.
A: Introduction Keynes fundamentally disagreed with the classical model . He said that in the economy p...
Q: Which of the following statements is true? According to Okun's law: Select one or more: O a. unemplo...
A: Okun's Law: Okun's Law explains the relationship between output growth and change in the unemploymen...
Q: The graph depicts the average total cost curve for a perfectly competitive firm. At the long-run equ...
A: In a perfectly competitive market, price is constant at all levels of output so it is equal to margi...
Q: You are interested in the effect of a factory being inspected on whether it reduces its pollution ou...
A: Introduction This effect of fussy regression can be solved by Cartesian method: number of reported v...
Q: 13. Mr. John dela Cruz borrowed money from a bank. He receives from the bank P1,340.00 and promised ...
A: Given: The principle amount is = P1,340 The future value is = P1,500 Time period = 9 months To Find:...
Q: When households and firms start selling off their bonds, which of the following will be the result? ...
A: In the bonds market, market price is determined by the demand and supply of bonds, and the relations...
Q: Quantity of Nominal interest rate money demanded Quantity of money supplied (percent per year) (tril...
A: The equilibrium nominal interest rate could be defined with the intersection between the demand and ...
Q: The gravity model allows to directly compare the effect on borders on trade to the effect of distanc...
A: True The given statement is true. The gravity model of international trade is a model that forecast...
Q: If the marginal propensity to consume increases, we should expect that
A: GIVEN If the marginal propensity to consume increases, we should expect that Is
Q: If a firm's revenues do not cover its average variable costs, then that firm has reached its price t...
A: The firm earns positive profit if revenues exceed total cost. Firm incurs loss if revenue is less th...
Q: A cement factory and a hotel are situated next to each another. The cement factory’s demand is descr...
A: The problem is incomplete in the sense that the market structure is not clearly mentioned here, i.e....
Q: A monopolist's inverse demand function is estimated as P= 150 – 3Q. The company produces output at t...
A: Solution:(a) P = 150-3Q MC1 (Q1) =6Q1 MC1 (Q2) =2Q2 Hint: Q1 + Q2 Thus, P = 150 -3Q1-3Q2 MR = 150-6...
Q: 1) Using the World Bank’s classification system, Malaysia, Mexico and Brazil are: a. low-income coun...
A: Answer: (b) upper-middle-income countries.
Q: How might a rapid rise in inflation harm you? How might a rapid rise in inflation help you? In ans...
A: Inflation refers to a rise in the prices of goods and services in an economy during a year. This lea...
Q: Product Market Households Businesses Factor Market The flow of goods and services to consumers is il...
A: The circular flow of income refers to the model in which the economic agents exchange money and good...
Q: Suppose the value for the price elasticity of demand (Ep) equals -2. What is the value for the Optim...
A: Elasticity of demand measures the responsiveness of quantity demanded to changes in price level.
Q: Look at the graph. Then answer the question that follows. PA D1 D2 P1- Q1 Q2
A: Here, it is given that Destiny and Kismet are two substitutes in the automobile industry and the giv...
Q: There is a desirable good, the number of units of which is determined stochastically—either 1 or 2 u...
A: Given, Two Players : Individual 1 and Individual 2 A Desirable good- 1 or 2 units are available. In...
Q: During the week before Memorial Day, a supermarket chain begins running a nev set of sales. The pric...
A: Complementary goods have a negative cross price elasticity which means that when the P of one good r...
Q: 3. The fictional criminal group known as the Sons of Anarchy, as a recognizable organization with cr...
A: Crime fiction has influenced a wide range of Australian fiction. Some are pure fiction, while others...
Q: If a company's annual discount rate is 8% what would the present value of $1,000 in year 5 of a proj...
A: Present Value = FV(1+r)N where, FV = Future Value = $1000 r = discount rate = 8% = 0.08 N = numbe...
Q: farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat into ...
A: Disclaimer: Since you have posted a question with multiple sub-parts, we will solve the first three ...
Q: kindly explain factor vouch insurance startup factors demand and supply of the company?
A: Vouch insurance Vouch Insurance is a brand-new kind of startup insurance platform.Vouch's totally di...
Q: The sample variance is _______. a 8285.94 b 9469.64 c 10521.83 d 11690.92
A: Given sample data X 430 440 545 605 310 345 395 440 variance is the squared deviation of a popula...
Q: Marx writes that, in order to understand surplus-value, we have to divide the workday into two parts...
A: Surplus value is defined in Marxian economics as the difference between the amount raised via the sa...
Q: The equations below represent the inverse demand and supply curves for construction workers in Small...
A: Since the question you have posted consists of multiple parts, we will answer the first two question...
Q: There is an oil change firm in town called Oil Pro. The total cost function for Oil Pro is below. Wh...
A: When the firms breakeven they tend to earn Zero economic profit which implies total revenue is equal...
Q: The total cost (in dollars) to produce qq units of a good is given by the function: C(q)=7.6q+44000...
A:
Q: A man pays his debt in the following manner: P1000 after 1 yr., P900 after 2 yrs., P800 after 3 yrs ...
A:
Q: Did quantitative easing after recent economic crises cause more harm than good?
A: Quantitative easing (QE) is a policy instrument used only by central banks to boost economic activit...
Q: The correlation matrix between the variables is given X, Y,Z, U, W, V: 1 0,96 1 0,88 0,91 1 R= 0,46 ...
A: Correlation states the association between the 2 variables. The range of correlating is 0 t0 1. It ...
Q: Compatibalism about free will is the thesis that
A: To find : What is thesis about compatibalism about free.
Q: Business cycles are: O fluctuations in stock prices over time. O changes in the unemployment rate ca...
A: Business cycle refers fluctuations in an economy which includes expansion or contraction. When econo...
Q: Find the value of Z. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $5,000 $4,000 $1,000...
A: Total cost is the sum of variable cost and fixed cost. Variable cost depends on quantity whereas fix...
Q: If the economy depicted below decides that unemployment is too great and is at point L, the monetary...
A: In the given graph, aggregate supply curve is given with three aggregate demand curves of an economy...
Q: What does the Consumer Price Index (CPI) measure? Be specific about what the categories of goods and...
A: Macroeconomics is an important aspect for a country. Aggregate demand and aggregate supply are compo...
Q: The goods market and the money market in the IS/LM model are linked together by the labour mark...
A: IS curve determines the equilibrium in goods market. LM curve determines the equilibrium in money ma...
Q: Complete the following table, which shows the combined benefits of Sean and Bob as previously descri...
A: If consumption of a commodity by one individual does not reduce the amount available for other, then...
Q: Effect on Supply Effect on Demand WHY?? ENARIO 1: Consumers ar that leather coats will uble in price...
A: dd(demand) curve is a downward sloping line which shows the negative relation between P(price) and Q...
Q: If autonomous planned investment increases by $100, and the MPC = 0.8, in the first round of spendin...
A: Given Change in autonomous investment ∆I=$100 MPC=0.8
Step by step
Solved in 2 steps
- 1. Suppose that the central bank sells government bonds. Use a graph of the money market to show what this does to the value of money and price level.2. What is the relationship between the price level and the value of money? Which variable (s) will be affected if the money supply increases in the economy?How should an increase in inflation affect the interest rate on an adjustable-rate mortgage?
- Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at measuringWorth.com. How much money would it take today to purchase what one dollar would have bought in the year of your birth?Suppose that when everyone wakes up tomorrow, they discover that thegovernment has given them an additional amount of money equal to the amountthey already had. Explain what effect this doubling of the money supply willlikely have on the following:a. The total amount spent on goods and servicesb. The quantity of goods and services purchased if prices are stickyc. The prices of goods and services if prices can adjust?The table below shows the amount of savings and borrowing in a market for loans to purchase homes, measured in millions of dollars, at various interest rates. InterestRate QuantitySupplied QuantityDemanded5% 98 2216% 129 1917% 160 1608% 178 1429% 196 12410% 214 106 What is the equilibrium interest rate and quantity of loaned funds? r = % Q = Suppose there is a decrease in demand of money, what will happen to interest rates and quantity? Increase in Interest Rates, Increase in Quantity?Increase in Interest Rates, Decrease in Quantity?Decrease in Interest Rates, Increase in Quantity?Decrease in Interest Rates, Decrease in Quantity?
- In 2019, The Fed was liquidating their balance sheet (meaning they were selling off the bonds and securities purchased in The Great Recession 2007-2009). That means they are trying to do what in regards to the supply of money. O Increase O Decrease O Create a money stream to increase supply of money O Increase their Capital Gains15. The pattern below would probably: /// a. Go down trend d. Go up and down again b. Go up trend Go down and up again c. Go flat trend f. Cannot be used to predict future price е.The Central Bank prints withdraws money from circulation and burns it. This will cause interest rates to: (Hint: draw a graph for the money market to figure out your answer.) O Stay the same Decrease Increase
- We use the following terminology in this part: aggregate income Y and disposable income Ya (= Y –T), consumption function C(Ya), planned investment function I(r), government spending G, and taxation T = tY where t is the marginal tax rate; r% denotes the real interest rate in the economy. (Note, r is in percentage points, e.g. r = 2 means the interest rate is 2%. When doing calculations, the interest rate should not simply be inserted in decimal form. For example, if r = 2 then I(2) = 124 – 2 = 122.) Consider a hypothetical economy where: • C(Ya) = 12 + 0.75 × (Y – T) • I(r) = 124 – 1 × r • G = 120 • t = 20%The _demand for money arises from the need to hold money as a medium of exchange. This demand for money is a function of Select one: a. transaction; interest rates O b. precautionary; national income O c. transaction; national income O d. speculative; interest ratesWhen the money market is drawn with the value of money on the vertical axis, a decrease in the money supply leads people to O spend more so the value of a dollar falls. spend less so the value of a dollar falls. O spend more so the value of a dollar rises. spend less so the value of a dollar rises. W