Q: According to this, which of the following statements best explain the labor participation change?
A: Labor force participation rate = Labor force / Total working age population The LFPR will decrease…
Q: i GDP & Years GDP 164000 160,000 156000 152000 1,48,000 144,000 GDP 2016 17 18 19 20 Years Note: The…
A: (GDP)Gross Domestic Product The total monetary or market worth of all the finished goods and…
Q: Hint: use the midpoint formula Select the correct answer. A) 8 B) 1
A: Price Elasticity of Demand: Price elasticity of demand implies to the % change in the quantity of…
Q: California LifeLine provides discounted home phone and cell phone service to qualified households.…
A: The law of supply and demand is a hypothesis that makes sense of the communication between the…
Q: Ideally, a tax system would require equal sacrifice, not of dollars, but of utility from each…
A: Taxation refers to the practice of governments levying mandatory financial obligations on private…
Q: ABC manufactures produces two models purp B. It cast Rm40 A and / pump manufacture pump A and RM60…
A: Cost of Pump A: C1 = 40 RM Cost of Pump B: C2 = 60 RM Quantity estimated: Q1 = 500(P2-P1) = 500P2 -…
Q: T4
A: We know that The production possibility curve is the graphical representation of the different…
Q: Which of the following might produce a new equilibrium interest rate of 2% and a new equilibrium…
A: INTRODUCTION: LOANABLE AMOUNT: Loanable amount is the amount that the households provide to the…
Q: 10 OT Depot's capitalization amounted to $29,031 million. In 2012 debt investors received interest…
A: The payment received by an individual or a firm or business entity for any work performed or sale…
Q: Consider an individual firm operating in a perfectly competitive market. Suppose there is an…
A: A perfectly competitive firm is characterized by three factors: infinite number of buyers and…
Q: The correction of overvalued exchange rates involves revaluation, interest rate and trade…
A: In an open economy with fixed exchange rate system, the value of a currency is pegged with the value…
Q: Required information A company just purchased an intelligent robot, which has a first cost of…
A: A continual, permanent, and steady decline in the book value of fixed assets is referred to as…
Q: All are benefits of the Structural Adjustment Programmes EXCEPT Privatization of…
A: Structural adjustment program was designed by the IMF or World bank to save countries from economic…
Q: Markus worked as an office manager in 2015 and earned per year, € In 2016 he opened a furniture…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Suppose the inverse demand function for a monopolist's product is given by P=100-2Q and the cost…
A: Demand: P=100-2Q Total Cost: C(Q)=10+2Q
Q: When the United States dollar depreciates, which of the following parties will suffer? Group of…
A: Depreciation of currency A currency's value declines when compared to other currencies, which is…
Q: What is the lost consumer surplus due to the tax (in $millions)?
A: The lost consumer surplus is this yellow area Try find this area.
Q: What is the the total utility of consuming five units of the B good? What is the total utility of…
A: The utility is the wants satisfying power of goods and services. Marginal utility is the additional…
Q: ‘Structural adjustment’ programmes require that _________ Governments of poor…
A: A country must comply with a set of economic changes known as a structural adjustment in order to…
Q: The total utility of consuming five units of the B good is Blank 4 utils. The total utility of…
A: We have given the marginal utility for consuming good A, good B, and good C Marginal utility is the…
Q: The expected real rate of interest is 0.5%, actual inflation over the last year was -0.05%, ar the…
A: Here, given information is, Expected real interest rate: Actual inflation ove the last year:…
Q: An increase in the direct tax means it is None of the above Inflationary Having no…
A: Direct taxes are the taxes which are levied and also paid by the same person. In simple words, the…
Q: You decide to repay a small loan of P1,000,500.00. What would be the size of the amount to be repaid…
A: The amount of loan = P1000500 Time period = 20 years Interest rate = 2%
Q: Difference between nominal scale and ordinal scale
A: Nominal and Ordinal scale are measuring tools used to measure the tools.
Q: Mrs Gomez has a portfolio with an expected return of 7%. The portfolio is evenly invested in a stock…
A: The expected return is the profit or loss that an investor anticipates on an investment that has…
Q: Suppose the civilian non-institutional population equals 125,000 persons; the civilian labor force…
A: Labor Force The number of employed persons plus the number of jobless people seeking work is known…
Q: a. Calculate the unemployment rate for May 2022. (show your work) Use the Bureau of Labor Statistics…
A: a) Unemployment rate can be calculated as Number of people unemployed / labor force. b) By going…
Q: Price ($/ton) 439 400 330 300 1. Answer the following questions based on the below diagram of the…
A: The question is discussing the welfare effects due to international trade and tariffs.
Q: Question: Critics of floating exchange rates claim that trade deficits are determined by the ?
A: The value of a country's currency in relation to the currency of another country or economic zone is…
Q: ] For a monopolist, except at an output of zero, price is less than marginal revenue. A.…
A: Monopolist firm has market power and it is known as the price maker. It has power to decide the…
Q: Equilibrium Price: Skateboards The demand for your hand-made skateboards, in weekly sales, is q =…
A: Given, Demand function = -3p+500Supply function = 2p - 400
Q: Explain Tobin's q. Give the equillibrium condition and an intuitive explanation of why it is in an…
A: Economic equilibrium is what is going on in which economic forces, for example, supply and demand…
Q: Determine which country has a comparative advantage in each good . b) If Country A and Country B…
A: Unit labor Requirements Country A Country B Steel 4 4 Oil 2 5
Q: In this question, use the approximate formula-as given by the Fisher equation-for calculating the…
A: The return an investor obtains after accounting for the rate of inflation is known as the real…
Q: Qlb. Consider two companies manufacturing tablets. One relies on workers on an assembly line and…
A: Recession:- Whenever there is a significant fall in business activity, there seems to be a…
Q: 4. GDP and Related Measures Suppose an economy produces only 2 products that will also be used for…
A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…
Q: You manage a parking garage in a small college town. The faculty elasticity of demand is -1.33 and…
A: Given information: You manage a parking garage in a small college town. The faculty elasticity of…
Q: Did the Covid-19 recession shift the aggregate demand (AD) curve? If so, how? Did the Covid-19…
A: Aggregate Demand And Aggregate Supply Aggregate demand refers to the total amount of demand for all…
Q: In a given economy, consumption is given by C -1000+(Y-T) = If the real GDP is 9,606 and taxes and…
A: National savings is the sum of private and public savings , or we can say that we calculate the…
Q: Economics An industry consists of three firms with sales of $25, $45, and $55. a. Calculate the…
A: According to the question, it is given that : An industry consists of three firms. Three firms have…
Q: The blue curve on the following graph represents the demand curve facing a firm that can set its own…
A: the marginal revenue curve is dependably beneath the demand curve when the demand curve is…
Q: Price ($/ton) 439 400 330 300 1. Answer the following questions based on the below diagram of the…
A: Tariff A tariff is a duty a nation imposes on imports of goods and services from another nation.…
Q: Jesse and Janie are playing a game. On the table in front of them, there are 50 coins. They take…
A: In game theory, a subgame perfect equilibrium is a variation of Nash equilibrium. A profile of…
Q: Which of the following are true regarding the superstar phenomenon? It reduces the number of jobs…
A: Super star phenomena explains that how small number of people such as athletes and celebrities tend…
Q: Assume the capital stock depreciates at a rate of 10% per year. If the capital stock started the…
A: Given information: Capital depreciates at a rate of 10% per year The capital stock started the year…
Q: Define Inflation?
A: When prices increase throughout the economy, your money has less buying power and inflation results.
Q: The table below shows the value, V, of an investment (in dollars) after n years. 3 12 14 19 5743.43…
A: Given n V(n) 0 5000 3 5199.92 7 5743.43 12 6531.45 14 6597.39 19 6919.85 Where n…
Q: At i = 12% per year compounded semiannually, determine the present worth of the cash flows shown…
A: Present value shows what would be the amount of money that should be received today so that it is…
Q: The following table presents the expected costs, revenue, and profit schedules for the Tucker Tomato…
A: A firm in the market aims to maximize its profits. It earns maximum profit or minimum loss at the…
Q: Though they tend to be cost and time overruns; costless and inexpensive to the tax payers,…
A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…
what is the difference between Credit and Consumer credit?
Step by step
Solved in 3 steps