Economics

4.) In this chapter, we calculated the likely long run change in revenue in NYC

4.) In this chapter, we calculated the likely long run change in revenue in NYC were to raise mass transit fares from $2.00 to $2.50. Use the same procedure to calculate the short…

4.) In this question, we drop the assumption that the Fed is certain of the corr

4.) In this question, we drop the assumption that the Fed is certain of the correct timing and magnitude of increases in short term money market rates in the US. a.) What are the …

4.) The Federal Reserve a. usually requires a substantial time to change policy

4.) The Federal Reserve a. usually requires a substantial time to change policy and aggregate demand responds slowly. b. usually requires a substantial time to change policy but a…

4.) Unemployment The table below shows the results of a labor survey for an belo

4.) Unemployment The table below shows the results of a labor survey for an below hbersto swer the questions Population Working Non- Labor employed unemployed working orce age pop…

4.)the cost function for a firm is given by TC = 4,000 + 0.1Q+ .01Q*Q. marginal

4.)the cost function for a firm is given by TC = 4,000 + 0.1Q+ .01Q*Q. marginal costs are given by MC = 0.1 + 0.02Q. the firms fixed cost (FC) is ?? 5) the cost function for a fir…

4.)the cost function for a firm is given by TC = 4,000 + 0.1Q+ .01Q*Q. marginal

4.)the cost function for a firm is given by TC = 4,000 + 0.1Q+ .01Q*Q. marginal costs are given by MC = 0.1 + 0.02Q. the firms fixed cost (FC) is ?? 5) the cost function for a fir…

4.-8. Price ceilings, in the form of rent ceiling, or price floor, in the form o

4.-8. Price ceilings, in the form of rent ceiling, or price floor, in the form of minimum wage, appear to be good initiatives from the government to promote the welfare (well-bein…

4.0, 28. Which of the following does not represent one of the goals of the Feder

4.0, 28. Which of the following does not represent one of the goals of the Federal Reserve a. Balanced budget b. low inflation C. high employment d. economic growth A tighter mone…

4.1 Assume that the correct discount rate for the following cash flows is 8%. Wh

4.1 Assume that the correct discount rate for the following cash flows is 8%. What is the present value of the following cash flows? a. $50 at the end of 3 years b. $50 at the end…

4.1 Five of ten people earn $0, four earn $100, and one loses $100. What is the

4.1 Five of ten people earn $0, four earn $100, and one loses $100. What is the expected payoff? What is the variance of the payoff? 4.2 There is a 50 percent chance of making $0,…

4.1 WHAT IS A MARKETPLACE? Sure I had read technical books, deciphered journal a

4.1 WHAT IS A MARKETPLACE? Sure I had read technical books, deciphered journal articles, and analyzed supply and demand with fancy mathematical models, but I also learned about ma…

4.1 differentiate between an exchange rate and the foreign exchange market 4.2 e

4.1 differentiate between an exchange rate and the foreign exchange market 4.2 explain how changes in exchange rates can influence exports and imports in your country 4.3 discuss …

4.1. in the AD-AS model 191 1 the AS curve iustrates the leveis of iatal espendi

4.1. in the AD-AS model 191 1 the AS curve iustrates the leveis of iatal espenditure in the economy at varioua pnc levels 2] we cannot study mornetary policy because the model ass…

4.118 points] Source countries of migrants to the U.S. have changed pretty radic

4.118 points] Source countries of migrants to the U.S. have changed pretty radically over the decades as was evident in the 1994 article by Borjas. The shift from immigrants of mo…

4.13 As in Harberger\'s classic example [JPE 1962], assume that there are two go

4.13 As in Harberger's classic example [JPE 1962], assume that there are two goods produced: product X is produced by firms in the "corporate" sector and product Y by firms in the…

4.15. Suppose that the CPI for July 2013 is 101.9 (with 2012 - 100) and the Crli

4.15. Suppose that the CPI for July 2013 is 101.9 (with 2012 - 100) and the Crli fer ta 108.8. The inflation rate between July 2013 and July 2014 is. t2] 131 141 8.8% 6.8% none of…

4.15. Suppose that the CPl for July 2013 is 101.9 (with 2012- 100) and the CPI f

4.15. Suppose that the CPl for July 2013 is 101.9 (with 2012- 100) and the CPI for July 2014 is 108.8. The inflation rate between July 2013 and July 2014 is... [2] 8.8% [3] 6.8% 4…

4.2. Which of the following statements regarding the AD-AS model is/are correct?

4.2. Which of the following statements regarding the AD-AS model is/are correct? a. An expansionary fiscal policy occurs when either consumption spending, or b. A contractionary m…

4.3 Calculate the following values, assuming a discount rate of 8%: a. present v

4.3   Calculate the following values, assuming a discount rate of 8%: a. present value of a perpetuity (also called a perpetual annuity) of $50 received each year at the end of ea…

4.3 For the folowing four regression equations, explain what the slope and inter

4.3 For the folowing four regression equations, explain what the slope and intercep mean a. wage = 2.05 + 1·32education, where wage is dollars earned per hour and educa- b. CPA = …

4.4 Arrows up or down. In the application on consumer loans in South Africa, the

4.4 Arrows up or down. In the application on consumer loans in South Africa, the loan uptake rate _________ as the interest rate decreased and _________ when the model on the offe…

4.5 For the following four regressions, predict the value of the y variable for

4.5 For the following four regressions, predict the value of the y variable for the value of the x variable given. a. wage = 2.05 + 1·32education, where wage is dollars earned per…

4.51 A new channel production facility that is under construction is expected to

4.51 A new channel production facility that is under construction is expected to be in full commercial operation one year from now. Once in full operation, the facility will gener…

4.52 Income from a project is expected to decline at a constant rate from a init

4.52 Income from a project is expected to decline at a constant rate from a initial value of $500,000 at time 0 to a final value of $40,000 at the end of year 3. If interest is co…

4.7 Equal Protection Clause The state of Alabama enacted a statute that imposed

4.7 Equal Protection Clause The state of Alabama enacted a statute that imposed a tax on premiums earned by insurance companies. The statute imposed a 1 percent tax on domestic in…

4.7 WHY IS PRICE IMPORTANT? Households and businesses can use price information

4.7 WHY IS PRICE IMPORTANT? Households and businesses can use price information effectively from markets. The relative wages of different occupations help people determine their c…

4.79. Kathy Stonewall bought a new car for $15,458. A dealer\'s financing was av

4.79. Kathy Stonewall bought a new car for $15,458. A dealer's financing was available through a local bank at an interest rate of 11.5% compounded monthly. Dealer financing requi…

4.An increase in worker productivity will lead to a: Positive supply shock Negat

4.An increase in worker productivity will lead to a: Positive supply shock Negative demand shock Negative supply shock Positive demand shock 5.Which of the following statements ab…

4.Consider the balance sheet for River City Bank below. Use the information in t

4.Consider the balance sheet for River City Bank below. Use the information in the balance sheet to answer the following question. Assume the reserve requirement is 10% on checkab…

4.Do you understand the gravity model as it relates to the recent increase in Ea

4.Do you understand the gravity model as it relates to the recent increase in East Asian trade? 5. Do you understand the winners and losers from trade in the Ricardian, Specifc Fa…

4.Elasticity of demand and supply 1. Which of the following pairs of goods would

4.Elasticity of demand and supply 1. Which of the following pairs of goods would you expect to have the more elastie demand? a) Water or Diamonds b) Insulin or nasal decongestant …

4.If the price of product L increases, the demand curve for elose-substitute pro

4.If the price of product L increases, the demand curve for elose-substitute product J will: A. shift downward toward the horizontal axis. B. shift to the left. C. shift to the ri…

4.Suppose Ireland and Canada produce two goods, Y and X. Assume that good Y is l

4.Suppose Ireland and Canada produce two goods, Y and X. Assume that good Y is labor intensive and good X is capital intensive. a. Given the above PPFs, which country is relativel…

4.Suppose the production function for your firm - given units of capital (K) and

4.Suppose the production function for your firm - given units of capital (K) and labor (L) you employ and the current wage rate (w) and rental rate of capital (r) are given as: Q=…

4.TARP was designed, in part, to reduce foreclosures during the Financial Crisis

4.TARP was designed, in part, to reduce foreclosures during the Financial Crisis. During the Bush administration, how much of the $700 billion TARP funds was used to reduce forecl…

4.What is Workmen’s Compensation? (5 points) A. Who is covered by this insurance

4.What is Workmen’s Compensation? (5 points) A. Who is covered by this insurance? (2 points) B. What does an employee receive if she is injured on the job? (2 points) C. Who pays …

4.Why is the Marginal revenue function always lower than the inverse demand func

4.Why is the Marginal revenue function always lower than the inverse demand function? Can it Marginal revenue ever be the same as price? Explain. 5.Let’s get back to the pumpkin f…

4.Your firm is trying to make a decision to buy or lease a light-truck. The ligh

4.Your firm is trying to make a decision to buy or lease a light-truck. The light-truck can be purchased for $35,000 and your firm as a marginal alternative rate of return equal t…

4/ 0 .d 54% 9:33 PM Figure 2 5. Refer to Figure 2. This economy can and cannot p

4/ 0 .d 54% 9:33 PM Figure 2 5. Refer to Figure 2. This economy can and cannot produce at which point(s), respectively? a. Can :J, K, M, N, Cannot: L b. Can: K, M, N, Cannot: LJ c…

4/ Consumers of health care use ______________ to obtain health care services. a

4/ Consumers of health care use ______________ to obtain health care services. a/copayments b/deductibles c/coinsurance payments and government-sponsored programs d/ all of the ab…

4/ Suppose we find that the price elasticity of demand for a product is 3.5 when

4/ Suppose we find that the price elasticity of demand for a product is 3.5 when its price is increased by 2 percent. We can conclude that quantity demanded: A. increased by 7 per…

40 41 COVERED INTEREST ARBITRAGE Spot rate of Monrovian bibbles 180 day forward

40 41 COVERED INTEREST ARBITRAGE Spot rate of Monrovian bibbles 180 day forward rate of Monrovian bibble 180 day Monrovian interest rate 180 day US interest rate $0.098 Given this…

40 Profr Max PQ 30 25 Sales Max P.O 20 15 Scratch TR/Prof 10 MR 0 5 10 1520 2530

40 Profr Max PQ 30 25 Sales Max P.O 20 15 Scratch TR/Prof 10 MR 0 5 10 1520 253035 40 QUANTITY (DVDs per day) Fill in the foilowing table with the price and quantity the firm choo…

40 Questions: One point for each correct answer and 5 BONUS POINTS I A legital s

40 Questions: One point for each correct answer and 5 BONUS POINTS I A legital starting point from which the study of international trade begins is the principle of comparative ad…

40 T 35 PPC 30 25+ 20 15 10 80160240 320 400 480 560 640 COAL (Millions of tons)

40 T 35 PPC 30 25+ 20 15 10 80160240 320 400 480 560 640 COAL (Millions of tons) Suppose the economy initially produces 15 million pieces of clothing and 400 million tons of coal,…

40 View Rubric In chapter 6, you learned about price elasticity of demand. Consi

40 View Rubric In chapter 6, you learned about price elasticity of demand. Consider the following products, and discuss which item has the largest price elasticity of demand (in t…

40 Which of the following is NOT a negative outcome from a shared currency? The

40 Which of the following is NOT a negative outcome from a shared currency? The exchange rate cannot offset differences in productivity growth ol over monetary policy b. c. Excess…

40 points) Buildog Shipping Inc. has purchased new cargo containers for $500,000

40 points) Buildog Shipping Inc. has purchased new cargo containers for $500,000o. Bulidog will use GDS MACRS depreciation with a 5-year recovery period. It plans to use the conta…

40) In a plan, employees may choose A) defined benefit, the assets they invest i

40) In a plan, employees may choose A) defined benefit, the assets they invest in . B) defined benefit, the bencfits received during retirement C) defined contribution, the assets…

40) Jones Stoneware has a liability of $75,000 due four years from today. The co

40) Jones Stoneware has a liability of $75,000 due four years from today. The company is planning to make an initial deposit today into a savings account and then deposit an addit…