If inflation is increasing and you expect it to continue to the future then you will want to O Spend your money slower and sooner Spend your money slower and later O Spend your money faster and later O Spend your money faster and sooner

Q: e figure above: - Find the equilibrium GDP. What happens to the left of that equilibrium? What happe...

A: The equilibrium condition: Y = C+I+G.  

Q: is the source of the demand for loanable funds. As the interest rate falls, the quantity of loanable...

A: The graph shows market for loanable funds. Equilibrium in the loanable funds market is reached at th...

Q: discuss which country as a excellent border patrol system

A: Border security is very essential in order to provide a peaceful environment in an economy. If the b...

Q: ne correct answer below: upational licenses represent a barrier to entry to certain industries. upat...

A: Occupational  License is a grant to rehearse an occupation.

Q: A firm lowers the price it charges. The firm's total revenue decreases. What can we conclude about t...

A: please find the answer below.

Q: France and the US. France and the US are among the most successful economies in the world, but a clo...

A: a) In the mentioned table we here calculate output per capita (GDP/Capital); output per worker  (GDP...

Q: (ii) Suppose Country B is similar to Country A in the amount of government expenditures and the leve...

A: There two points to note about the tax revenue of country B : 1 .) Tax revenue balances the budget a...

Q: an you ar Suppose that the monthly demand function of a particular commodity is given by P= 200 -0.4...

A: Demand and supply are the two main forces that run the market and decides the equilibrium price.  

Q: Data for 2019 (Base Year) Data for 2020   Quantity Price Quantity Price Potato 600 2.50 68...

A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be...

Q: The graph shows the demand curve for smartphones and the supply curve of smartphones. Price (dollars...

A: Equilibrium price and quantity of smartphones will occur at a point where demand curve of smartphone...

Q: While on ellvery van carelessly and hits a pedestrian. It turns out that the driver has an expired d...

A: Since , the driver  was negligent and he doesn’t have the updated license 

Q: Which of the following importation is not subject to consumption tax? *   Importation of ornamenta...

A: When talking about consumption tax, it is the tax that is imposed on the use of final goods and serv...

Q: Identify 2 possible exclusions to GDP and discuss why they have to be excluded.

A: GDP means the  total  market value of goods and services produced domestically during the year.  The...

Q: Describe what will happen and why to the firm’s costs and profits as the firm makes its choices. Emp...

A: In a perfect competition market a firm has only one major decision to make which is the amount of ou...

Q: Assume a competitive firm faces a market price of $100, a cost curve of: C= 1.00g + 25g + 1,600 and ...

A: Given:- Price=$100 C=1.00q2+25q+1600 To calculate:- Production to maximize per unit profit=? Profit=...

Q: Consider an economy in which all taxes are autonomous and the following values of autonomous consump...

A: Since you have posted multiple subparts, as per the guidelines we can solve only the first 3 subpart...

Q: Recently in the City of Seoul, building contractors lobbied the city council to pass an ordinace req...

A: Lobbying is any attempt by individuals or private interest groups to influence the decisions of gove...

Q: In the figure above, what is the total revenue at point A? A) $150 B) $20 C) $2000 D) $3,000

A: The measure that depicts the money that is being generated from normal operations of the business is...

Q: The definition of Game Theory is: Game Theory is a field of mathematics that analyzes strategic-inte...

A: As mentioned above , A game is a situation in which the outcome is determined by the acts of two or ...

Q: a. What does the expression “marginal product of labour” mean? b. Why do workers (skilled and unskil...

A: Labor is the one of the most important factors of production. The labor with help of other resources...

Q: Suppose favorable weather provides increases apple production. As a result, consumer surplus in the ...

A: Hi! Thank you for the question, as per the honour code, we are allowed to answer three sub-parts at ...

Q: What happens to the market equilibrium price and output when tax is imposed on  the buyers? Is the b...

A: Taxation refers to the compulsory charge imposed by the government on the users of certain goods, se...

Q: C2. | Consider a closed demand-determined economy with fixed prices and wages. Consumption depends p...

A: Slope of IS curve is determined by taking goods market equilibrium equation in the form of Y in term...

Q: If the quantity demanded of peanuts increases by 20 percent when the price of peanuts falls by 50 pe...

A: Price elasticity of demand is defined as the percentage change in quantity demanded because of the p...

Q: How can MNEs act ethically in host countries?

A: A multinational enterprise is defined as the business organisation which has business operations in ...

Q: The total design and construction cost for a sand filter machine to handle a flow rate of 0.7 millio...

A: Cost Inflation Index (CII) is used to estimate the increase in the prices of goods and assets year-b...

Q: In the graph, consumer surplus is equal to S 16 D O $6 O $14 O $20 O $60 20 22 2.

A: Consumer surplus is the difference between willingness to pay for a good and its actual price.

Q: 9- The manufacturer of a superconducting magnetic energy storage system can buy a new equipment for ...

A: Given: The future amount of the equipment is = $7,000,000 Years = 3 The inflation rate is = 10% The ...

Q: What is likely to cause a high price elasticity of demand for a product? Pick a,b,c, or d a. The pro...

A: The measure that depicts the change in quantity being demanded with respect to change in price level...

Q: Suppose a company has fixed costs of $4000 and variable costs per unit of x + 1160 dollars, where x ...

A: Given, fixed cost = $4000 variable cost = 1516x+1160 selling price = 1300 - 116x [a] For Breakeven p...

Q: What type of activity creates an externality? Is an externality positive or negative? An externality...

A: Externality refers to the cost incurred or the benefit received by a third party for the consumption...

Q: 3. In a von Thunen model with homogeneous labor with subways and cars, an improvement in automobile ...

A: The Von Thunen model of agricultural land use which explains the relationship between the cost of la...

Q: How has that migration of labour been of advantage to other countries?

A: Migrant labour are considered as those informal and unskilled workers who pass about systematically ...

Q: 7. There are large global inequalities in the amount of capital different countries have. Part of th...

A: Assuming, the same production function in US and Ghana, Y=KL MPK is given by, MPK=∂Y∂K=12KLL=12LK So...

Q: ill give incorrect ans

A: A place where buyers and sellers meet is called Market. A market allows the buyer and seller to faci...

Q: Explain why price moves towards equilibrium in a free market and why the equilibrium price may chang...

A: The free economy is the economy where no restrictions are imposed on the production activities and m...

Q: In the graph, how much is deadweight loss at a price of $12? P. 16 12 8. 40 60 O $0 O $60 O $70 O $8...

A: Deadweight loss refers to decrease in total surplus that results when efficient quantity is not prod...

Q: Discuss wether a fall in price of a product will always be accompanied by a reduction in the quantit...

A: Price elasticity of demand refers to the degree of responsiveness of the quantity demanded of the go...

Q: Which of the following statements is false? A firm’s costs are usually higher in the long run than...

A: Each firm has two types of cost, fixed cost and variable cost. In the long run there is only variabl...

Q: ase go to www.federalreserve.gov e and briefly describe the structure of the U.S. Federal Reserve sy...

A: The central banking system of the United States of America is known as the Federal Reserve System. I...

Q: b) If there is $200 billion worth of crowding out, what will be the net increase in aggregate demand...

A: Aggregate demand is a measurement of the total amount of demand for all finished goods and services ...

Q: 4. Assume wealth w; and assume two goods, 1 and 2, with prices pi and p2, and Walrasian demands x1 a...

A: An Alfred Marshallian demand function (named after him), in microeconomics, is the quantity of a giv...

Q: Assume Canada is a large importer of raw materials from Otherland. Which of the following would like...

A: GDP measures the complete money or price of all finished merchandise and services created within a c...

Q: Discuss the role of foreign exchange in international trade.

A: The measure which depicts the value of one currency in terms of another currency is known as the rat...

Q: a comparative advantage in growing tomatoes if om's marginal benefit from tomatoes is greater than D...

A: Tom and Debra are the only people in an isolated village who grow tomato and lettuce.  Comparative A...

Q: Why is global trade important?

A: Global trade means trading( Export and import)  goods and services between the nation's .    Global ...

Q: 3. Effects of rent control Part 2 Rent controls force landlords to price apartments below the equili...

A: When there is rent control in an economy that forces landlords to price apartments below the equilib...

Q: A tax on water pollution is proposed for four factories in a manufacturing town of 110,000 people. T...

A: To put it another way, taxes are forced contributions placed on individuals or businesses by a gover...

Q: If a large country in the world trade instituted a large set of subsidies for its exports, this must...

A: Answer is given below

Q: Instead of paying P100,000 in annual rent for office space at the beginning of each year for the nex...

A: Loan amount= P1000,000 Number of years= 10years Interest rate= 6% Amount invested= P100000 Interest ...