Economics

42. __________ suggests that political parties sacrifice some benefits of their

42.   __________ suggests that political parties sacrifice some benefits of their strongest supporters and reallocates them to their weaker supporters. a.   Lindahl pricing b.   R…

42.The following distribution shows the frequency distribution of the number of

42.The following distribution shows the frequency distribution of the number of shots a particular NBA player blocked in one game for a random sample of 100 games Blocked Shots pe…

426 CHAPTER9 Derivatives In business and economics, common questions of interest

426 CHAPTER9 Derivatives In business and economics, common questions of interest include or revenue, how to minimize average costs, and how to tions of interest include how to max…

43 Same facts as above. Olive, Inc pays its employees less than minimum wage and

43 Same facts as above. Olive, Inc pays its employees less than minimum wage and does not provide overtime for any of its employees, hourly workers. What law is Olive, Inc.violati…

43 Which one of the folowing stutomonta negarding the agpegate the gareral price

43 Which one of the folowing stutomonta negarding the agpegate the gareral price leve b. A decroase in the prious of supply and a decroase in the gereral price wreet d A decrease …

43) 43) Demand Q3 Q Q Quantity Marginal Revenue Refer to the diagram. This firm

43) 43) Demand Q3 Q Q Quantity Marginal Revenue Refer to the diagram. This firm is selling in: A) a market in which demand is elastic at all prices. B) a market in which there are…

43) A Lorenz curve illustrates the distribution of a society\'s income. The vert

43) A Lorenz curve illustrates the distribution of a society's income. The vertical axis measures the 43) A) cumulative dollar value of income while the horizontal axis measures t…

43) A call option gives the owner the A) obli B) gation to sell the underlying a

43) A call option gives the owner the A) obli B) gation to sell the underlying asset at a fixed price right to buy the underlying asset at a fixed price C) right to sell the under…

43) Suppose two companies, Macrosoft and Apricot, and considering whether to dev

43) Suppose two companies, Macrosoft and Apricot, and considering whether to develop 43) a new product, a touch-screen t-shirt. The payoffs to each of developing a touch-screen t-…

43) The tax multiplier is smaller in absolute value than the government purchase

43) The tax multiplier is smaller in absolute value than the government purchases multiplier because some portion of the A) decrease in taxes will be saved by households and not s…

43. (Problem 8) In Wageland, all workers sign an annual wage contract each year

43. (Problem 8) In Wageland, all workers sign an annual wage contract each year on January 1. In late January, a new computer operating system is introduced that increases labor p…

43. A policy that wa An expansionary ll c. A balanced policy d. An unbalanced po

43. A policy that wa An expansionary ll c. A balanced policy d. An unbalanced policy 44. Compared to the Aggregate Expenditure model, the Agaregae model,the Aegregne demane/ Agreg…

43. After the Korean War ended in 1953, U.S Government spending on defense decre

43. After the Korean War ended in 1953, U.S Government spending on defense decreased dramatically, most likely causing: A. a movement up the AD Curve for the U.S. B. the AD Curve …

43. As the economy moves up and to the right along the IS curve, which of the fo

43. As the economy moves up and to the right along the IS curve, which of the following will occur when exchange rates are flexible? A) investment spending increases B) consumptio…

43. Falure, or near failure, of the fnance sedtor charactersences tand tankn fac

43. Falure, or near failure, of the fnance sedtor charactersences tand tankn factors aiso descrbe a post-finanoiaf crisis om show a.) Mal-investments undertaken in bust capital mo…

43. If the demand function for a monopoly\'s product is Q = 50-0.5p, then the fi

43. If the demand function for a monopoly's product is Q = 50-0.5p, then the firm's marginal revenue function is a. b. c. d. 50-. 100 -4Q 200- 4Q. 200 - 2Q. 44. If the inverse dem…

43. If your farm has the only known source of a rare cocoa bean needed to make c

43. If your farm has the only known source of a rare cocoa bean needed to make chocolate-covered peanuts, your monopoly would result from ______. A.sunk costs B.location C.restric…

43. Which of the following will not cause a change in demand for crackers? a. A

43. Which of the following will not cause a change in demand for crackers? a. A change in consumers' income. b. A change in the price of crackers. c. A change in the price of chee…

43. Which of the folowing would likely reduce income inequulity A.A reduction in

43. Which of the folowing would likely reduce income inequulity A.A reduction in the twumber of high school deopouts B. A roduction in socical scority benefits C. Greaner insquali…

44 and 46 please ? 42. The marginal propensity to save is: savings divided by ag

44 and 46 please ? 42. The marginal propensity to save is: savings divided by aggregate income. 1+MPC. e the fraction of an additional dollar of disposable income that is saved O …

44) A key reason why regulators might approve a merger between competing compani

44) A key reason why regulators might approve a merger between competing companies is to encourage (2pts) vertical mergers political campaign donations. innovation. price discrimi…

44) Anti-inflationary policy is less costly when that policy is anticipated in _

44) Anti-inflationary policy is less costly when that policy is anticipated in ________. A) traditional Keynesian theory. B) new Keynesian theory. C) real business cycle theory. D…

44) In 2007 the United States posted a current account deficit of -$731 billion.

44) In 2007 the United States posted a current account deficit of -$731 billion. The bulk of the negative value came from 44) ______ A) a goods trade deficit. B) an income trade d…

44) Table: Dana, Marnee Payoff Table Mamee Milk Producer Cheat Dana Milk Produce

44) Table: Dana, Marnee Payoff Table Mamee Milk Producer Cheat Dana Milk Producer Cooperate eat (30, 30) Refer to the table. Using the information in the table, answer the followi…

44) When two goods are relatod such that an increase in thre price of one good d

44) When two goods are relatod such that an increase in thre price of one good decreases the other good, these goods are definitely A) normal goods B) luxury goods D) substitutes …

44. Assume that, without taxes, the consumption schedule for an economy is as sh

44. Assume that, without taxes, the consumption schedule for an economy is as shown in the table below. Impose a progressive tax such that the tax rate is 0 percent when GDP is $1…

44. Contractionary fiscal policy involves decreasing government purchases or inc

44. Contractionary fiscal policy involves decreasing government purchases or increasing taxes. A) TRUE B) FALSE 45. Congress and the president carry out fiscal policy through chan…

44. If MPS is 0.2, then the multiplier is a. 8 b. 2 C. 4 d. 5 45. If the MPS is

44. If MPS is 0.2, then the multiplier is a. 8 b. 2 C. 4 d. 5 45. If the MPS is 0.2 and a component of AD, such as Investment, is increased by $10, then the maximum amount of chan…

44. Regarding population size as a characteristic for analysts to examine A. Pop

44. Regarding population size as a characteristic for analysts to examine A. Population size alone is an excellent indicator of economic strength. B. Population size alone is a go…

44. Wh at type of torts occur when the defendant takes an action intending tutai

44. Wh at type of torts occur when the defendant takes an action intending tutaiequences will result or knowing certain consequences are likely to result? a. Strict Liability b. C…

44. the endagered spicies act has a. had no impact on the number of endangered o

44. the endagered spicies act has a. had no impact on the number of endangered or other economic activites b.causeed a loss of economic activities on some private land c. further …

45 25 e-45 75 40 Units of labor 3. Given the above graph, as you move from point

45 25 e-45 75 40 Units of labor 3. Given the above graph, as you move from point A to point B a. What happens to output and MRTS? Explain in detail. b. If the price of labor is $9…

45 The value of a car produced and sold in 2000, and sold again in 2008, should

45 The value of a car produced and sold in 2000, and sold again in 2008, should be included in GDP for A 2000 only. 8. 2008 only C. both 2000 and 2008. D. either 2000 or 2008, but…

45) A primary key used in a dethae te a b) e) d) 46) Which of the following is a

45) A primary key used in a dethae te a b) e) d) 46) Which of the following is an intermational b) DB2 c) SOL d) MS Access 47) Companies buy and sell your datn so they can a) Mark…

45) Which goods represent network goods? A) fireworks, lighthouse, swimming pool

45) Which goods represent network goods? A) fireworks, lighthouse, swimming pool B) Pepsi, toilet paper, headphones C) calculator, oven, couch D) Twitter, Microsoft Excel, Faceboo…

45). The largest proportion of the public debt is held by: A. the U.S. public (i

45). The largest proportion of the public debt is held by: A. the U.S. public (individuals, businesses, financial institutions, etc.) and state and local governments B. foreign in…

45. A monopoly can be temporary because of: A) high barriers to entry. B) privil

45. A monopoly can be temporary because of: A) high barriers to entry. B) privileges granted by the government. C) economies of scale. D) economic profits, which attract rivals. 4…

45. At the level of output where the marginal cost and marginal revenue curves i

45. At the level of output where the marginal cost and marginal revenue curves intersect, a monopolist's demand curve passes above its average total cost curve. The firm will: A) …

45. At the level of output where the marginal cost andmarginal revenue curves in

45. At the level of output where the marginal cost andmarginal revenue curves intersect, a monopolist's demand curvepasses above its average total cost curve. The firmwill: A)shut…

45. For a monopolist, the price of the product A. equals the marginal revenue. B

45. For a monopolist, the price of the product A. equals the marginal revenue. B. is less than the marginal revenue C. exceeds the marginal revenue D. equals the marginal cost. 46…

45. The distinguishing feature of the land market is that the a. supply is highl

45. The distinguishing feature of the land market is that the a. supply is highly inelastic. b. supply is highly elastic. c. demand is highly inelastic. d. demand is highly elasti…

45. The distinguishing feature of the land market is that the a. supply is highl

45. The distinguishing feature of the land market is that the a. supply is highly inelastic. b. supply is highly elastic. c. demand is highly inelastic. d. demand is highly elasti…

45. Which of the following events is consistent with an increase in the deadweig

45. Which of the following events is consistent with an increase in the deadweight loss of the gasoli million to $120 million? a. The tax on gasoline increases from S0.30 per gall…

45. Which of the following is a final good or service? A. a haircut purchased by

45. Which of the following is a final good or service? A. a haircut purchased by a father for his 12 year-old son fertilizer purchased by a farm supplier C. diesel fuel bought for…

450 400 350 300 E 250 200 150 100 50 0 F P on 0 10 20 30 40 50 60 70 Sewing Mach

450 400 350 300 E 250 200 150 100 50 0 F P on 0 10 20 30 40 50 60 70 Sewing Machines 1. Which point in the graph illustrates an inefficient level of production? A 2. Inefficient l…

450 400 350 Q, a 9) The above figure shows supply and demand curves for apples.

450 400 350 Q, a 9) The above figure shows supply and demand curves for apples. If the government creates a price farget of we discussed price targetin class): $450, the deadweigh…

450 cer 400 350 Q, a 9) The above figure shows supply and demand curves for appl

450 cer 400 350 Q, a 9) The above figure shows supply and demand curves for apples. If the government creates a price target of $450, the deadweight loss is (note: B) j we discuss…

456 Answer all the following Questions, and Sub-Parts. Show all your Work and La

456 Answer all the following Questions, and Sub-Parts. Show all your Work and Label all Graphs and Axds Each Question (1,2, and 3) equally weighted-Each worth 33 points. 1) Use th…

46) How does the introduction of cognition into a consumer\'s choice between hea

46) How does the introduction of cognition into a consumer's choice between healthy and unhealthy food affect marginal utility per dollar and the quantity of healthy and unhealthy…

46) In the money market, if the nominal interest rate is below the equilibrium l

46) In the money market, if the nominal interest rate is below the equilibrium level, A) the quantity of money demanded exceeds the quantity of money supplied. B) the quantity of …