Visitor numbers to New Zealand usually decrease from the March quarter to the June quarter. If we observe a smaller than usual decrease from March 2019 to June 2019 then the seasonally adjusted value will show an increase. Select one: True False
Q: You borrowed P5,000 from a bank and agreed to pay at the end of 9 months. The bank discounted the…
A: The rate tells you just how much interest you'll make or pay on a loan. Rate is the percentage that…
Q: Clearly distinguish between expansionary and contractionary fiscal policy.
A: Introduction Fiscal Policy Fiscal policy is controlled by the central government of the country.…
Q: Which of the following statements is TRUE? I. In the face of a negative externality, a…
A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…
Q: 1. Cars(thousands) Beef (Thousands of tons) 10 mal B 2 9 с 4 7 6 E 8 O 0 a)Plot the production…
A: A Production Possibility Frontier is a curve depicting a combination of two goods that can be…
Q: 5. Correcting for negative externalities - Regulation versus tradable permits Imagine the government…
A: Government-issued permits known as "tradable pollution permits" allow businesses to produce up to a…
Q: How is division of labor defined? Select the correct answer below: The average cost of producing…
A: Division of labour is the partition of a work interaction into various errands, with each…
Q: III. PROBLEM SOLVING: Lino Batumbakal is now exploring the option to start selling beef wellington.…
A:
Q: Introduce supply chain and identiy relevant economic problems and contracting processes to your…
A: The network of all individual organizational actions and technological components involved in the…
Q: The blue curve on the following graph shows the height of an airplane over 10 minutes of flight. The…
A: Slope is the mathematical instrument used in various studies that measures the rate of change of a…
Q: In the past, some counties and countries have imposed taxes on sugar, saturated fats, and food made…
A: Tax: It refers to the income of the people which is paid to the government in the form of taxes.…
Q: In the circular flow diagram, firms produce goods and services, which they sell to households in…
A: GIVEN DATA According to the circular flow diagram Firms produce goods and services that they sold…
Q: commonly used in your country. How is it calculated?
A: *Answer: A price index is a weighted average of the prices of a selected basket of goods and…
Q: R. Price $3 $4 $5 $6 $7 $8 Quantity Demanded 85 80 75 70 65 60 Quantity Supplied. 72 73 75 7 79 1 77…
A: An economy achieves its equilibrium at the point where quantity demanded gets equal to quantity…
Q: 16.
A: We know that The price consumption curve shows the relation between the price and the consumption…
Q: On the first day of the year, a man deposits P5,000 in a bank at 8% a year, compounded annually. He…
A: Deposit = P5,000 Interest = 8%
Q: A consumer’s utility function is given by: U(X1,X2)= X(α),X(1-α) where A>0, 0<α<1 The…
A: Utility function: u(x1, x2) = x1α x21-αThe budget equation: P1 x1 + P2 x2 = M
Q: In command economies, decision-making is Select the correct answer below: O determined by the market…
A: Command Economy is one of the types of economies. The main goal of command economy is the allocation…
Q: Suppose demand and supply for services of surgeons in Australia each day are given below, where…
A: Consumer surplus is the difference between the maximum willingness to pay by the consumer for a…
Q: If a McDonald's Happy Meal costs $3, how many Happy Meals per week c Instructions: Round your…
A: Given information: A McDonald's Happy Meal costs $3 France's Per Capita income (in 2016) = $38,477…
Q: discuss the term money suply and explain its component in modern time
A: The most movable asset is money. It stands for the most basic type of capital asset. Money is widely…
Q: Consider the following representation of a Normal form game. actions w a (45,22) (10,38) (42,13)…
A: According to its definition, game theory is a branch of mathematics that imagines social scenarios…
Q: In one hour, Sue can produce 70 caps or 21 jackets and Tessa can produce 50 caps or 25 jackets. Who…
A: Opportunity cost is the benefit lost while making a different decision. You must compare the…
Q: 8
A: We know that Expansionary policy is employed with the aim of boosting aggregate demand when private…
Q: Consider two neighboring island countries called Bellissima and Felicidad. They each have 4 million…
A: Given information: There are two countries, i.e., Bellissima and Felicidad. And both produces two…
Q: How does agriculture contribute towards transfer of capital
A: A capital transfer requires disposal or acquisition of an asset or assets by minimum one of the…
Q: Which of the limitations listed below best explain why scarcity occurs? Select the correct answer…
A: The inequitable distribution of resources is one of the fundamental causes of scarcity. There are…
Q: Demand for $NZ will rise if Select one: a.New Zealand imports increase. b.New Zealand exports…
A: Demand for a country's currency is derived in following cases: When there is a demand for the export…
Q: You are given the function y=11−1.5x. The slope of the equation is enter your response here.…
A:
Q: What is meant by a sunk cost? Give typical sunk costs for an IT project.
A: Sunk costs are a type of fixed costs and they do not change irrespective of the levels of…
Q: III. PROBLEM SOLVING: Lino Batumbakal is now exploring the option to start selling beef wellington.…
A: Demand refers to the quantity that a consumer wishes to buy at a given price in a given period of…
Q: E3
A: An economic system is a way for societies or governments to organise and distribute available…
Q: In 2012 the nominal value for household spending on food and beverages was equal to $17593m and in…
A: Here since we have data only for the household consumption for food and beverages. Hence it would be…
Q: Its urgent hand write asap
A: A function establishes the relationship between one input and one output, or between numerous inputs…
Q: Problem Solving: Copy the questions and analyze the following demand problem. Emphasize the answers…
A: Supply refers to the quantity that a consumer wishes to produce at a given price in a given period…
Q: 1. Players 1 and 2 are bargaining over how to split 5 dollars. Player 1 proposes to take si dollars…
A:
Q: anks continue to offer new services (such as insurance or securities services), their noninterest…
A: In an economy, banking sector is one of the important sectors because it provides financial services…
Q: Post-Quiz Q: Assume that the demand curve D(p) given below is the market demand for widgets: Q =…
A: As given Market Demand Q = D(p) = 1628 - 16p, p>0 Market Supply Q = S(p) = - 4 +8p, p>0…
Q: Question Assume there are two periods: today (0) and tomorrow (1) and that, after tomorrow the…
A: (d) Royalty payments constitute a percentage of the net (gross) revenue obtained or acquired from…
Q: 3. Consider an all-pay auction in which the two bidders' values are uniformly distributed between…
A:
Q: The economy has an annual inflation rate of 3.5%. It will take approximately how many years for the…
A: Rule 72: Number of years to double = (72 / Annual growth rate) Note: If the annual growth rate is…
Q: Assume a government is considering import restrictions because imports are hurting a particular…
A: International trade agreements govern the exchange of goods and services between two or more…
Q: 3. A firm has a production function, q = k0.5 10.5, where q is daily output (in kilogram) and I and…
A: We are given: Production function: Q = k0.5 l0.5k = 40 (as it is short run)Per unit cost of capital…
Q: part-d: Now suppose history had taken an alternative turn following the Great Depression. Suppose…
A:
Q: How does agriculture contribute towards employment
A: In economics, the term "employment" refers to the condition of having a job or being employed.…
Q: Label each entry in the list as dealing with a microeconomic topic or a macroeconomic topic. Explain…
A: The Micro economics deal with economic problem at the micro level or individual level. While the…
Q: How does an increase in wealth effect the price level and real GDP?
A: The wealth impact is the change in expenditure that occurs as one's perceived wealth changes. The…
Q: 8. The uses of derivatives include: 1) Financial engineering for companies; II) Hedging for…
A: Derivatives includes instruments like options, futures. The value of these instruments are based on…
Q: IV: GRAPHING: Using the data above, graph properly and with proper labels the Market Equilibrium of…
A: Hi, since you have requested for the solution of part IV graphing, providing you the answer for only…
Q: According to the law of diminishing marginal utility total utility will rise at a falling rate as…
A: Utility is described as the overall satisfaction a consumer feels after using a product or service.…
Q: When a nominal value is unchanged it must be true that prices have remained unchanged. Select one:…
A: Introduction Nominal value is the value of a product or service quoting the money of the day,…
Step by step
Solved in 2 steps
- The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year Mileage 1 3,050 a) Using a 2-year moving average, the forecast for year 6 = miles (round your response to the nearest whole number). b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.45 and 0.55 (the weight of 0.55 is for the most recent period) = miles (round your response to the nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.45 and 0.55 = d) Using exponential smoothing with a = 0.20 and the forecast for year 1 being 3,050, the forecast for year 6 = miles (round your response to one decimal…Sales in a company are $188 million in 2009 and increase $208 million in 2010. Compute the percentage increase in sales using the usual formula Compare this value to the approximation The approximation performs (1) percentage change increases. 100 x (1) O better (2) O deteriorates O worst O improves 100 x 100 x (Sales 2010 - Sales 2009) Sales 2009 100 x [In (Sales2010) -In (Sales2009)] (Sales 2010 - Sales2009) Sales 2009 100 x [In (Sales 2010) -In (Sales2009)] = [ (Express your response as a percentage and round to three places) Now, assume that sales in a company are $188 million in 2009 and increase $264 million in 2010. = (Sales2010 - Sales 2009) Sales 2009 % % % 100 x [In (Sales 2010) -In (Sales 2009)] = [ (Express your response as a percentage and round to three places) % when the change is small. The quality of the approximation (2). as theWhy is Afghanistan in recession due to COVID-19?
- 14. Suppose that the inflation rate is expected to be 3% in the near future. Using the historical data provided in this chapter, what would be your predictions for 1. The T-bill rate 2. The expected rate of return on the stocks portfolio 3. The risk premium on the stock marketDirection: Complete the table below to find the 60h percentile for the following se of data. Data Find the position of Find P60 P=(n+ 1)th Px100 1. 20, 22, 25, 32, 35 P60 = 20-2 20122 2. 49, 50, 55, 55, 60, 67 P60 = 3. 18, 19, 20, 22, 25,27, 29, 30, 32 P60 = Direction: Read the questions carefully. Encircle the letter of the correA company selling widgets has found that the number of items sold, x, depends upon the price, p at 90000 which they're sold, according the equation z = (0.6p + 1)? Due to inflation and increasing health benefit costs, the company has been increasing the price by $0.06 per month. Find the rate at which revenue is changing when the company is selling widgets at $8 each. Revenue is decreasing by dollars per month Hint: Give your answer as a positive value.
- QUESTION 3 Annual Fund Returns Over the Past 10 Years Year Return (%) 4.5 6.0 1.5 -20 3 4 15 6 7 19 20 0.0 45 3.5 2.5 5.5 4.0 10 Calculate the geometric mean retur over the 10 years. Give your answer in percent, rounded to two decimal places, so in the format X.XX. Hint, the number zero is not used in the correct answerCBOOK Problem 6-19 Consider the following time series. 1 1 2 3 4 Y, 120 110 100 96 5 94 6 92 7 88Suppose that you work for a U.S. senator who is contemplating writing a bill that would put a national sales tax in place. Because the tax would be levied on the sales revenue of retail stores, the senator has asked you to prepare a forecast of retail store sales for year 8, based on data from year 1 through year 7. The data are: (c1p2) Year Retail Store Sales 1 $1,225 2 1,285 3 1,359 4 1,392 5 1,443 6 1,474 7 1,467 54 Chapter One a. Use the first naive forecasting model presented in this chapter to prepare a forecast of retail store sales for each year from 2 through 8. b. Prepare a time-series graph of the actual and forecast values of retail store sales for the entire period. (You will not have a forecast for year 1 or an actual value for year 8.) c. Calculate the root-mean-squared error for your forecast series using the values for year 2 through year 7. 3. Use the second naive forecasting model presented in this chapter to answer parts (a) through (c) of Exercise 2. Use P 0.2 in…
- Your savings account balance at the end of May was $500. You made a $200 deposit on June 4 and withdrew $100 on June 25. Calculate your average (mean) daily balance for June.Solve for t to two decimal places. 0.07t 5 = e (Do not round until the final answer. Then round to the nearest hundredth as needed.)Annual revenue for Corning Supplies grew by 5.5% in 2014; 1.1% in 2015; -3.5% in 2016; –1.1% in 2017; and 1.8% in 2018. What is the mean growth annual rate over this period? Round your answer to four decimal places. Do not round intermediate calculations.