Economics

7) Which of the following is correct? a) The Fed can precisely target the money

7) Which of the following is correct? a) The Fed can precisely target the money supply because it can exactly determine the money multiplier. b) The Fed can precisely target the i…

7) Which of the following is correct? a) The Fed can precisely target the money

7) Which of the following is correct? a) The Fed can precisely target the money supply because it can exactly determine the money multiplier. b) The Fed can precisely target the i…

7) Which of the following will cause a reduction in the amount of money individu

7) Which of the following will cause a reduction in the amount of money individuals wish to hold? A) an increase in the interest rate B) an increase in income C) an increase in th…

7) Which of the following would cause the money demand curve to shift to the rig

7) Which of the following would cause the money demand curve to shift to the right? a) an increase in the price level b) an open m arket purchase of Treasury securities by the Fed…

7) Which of the following would not qualify as a logical sequence of changes in

7)Which of the following would not qualify as a logical sequence of changes in fiscal or monetary policy? A)M i R B)M i R C)G Y i R D)T Y i R E)G Y i R 8)Expenditure switching ref…

7) [15pt] The BCY Corporation provides accounting services to a wide variety of

7) [15pt] The BCY Corporation provides accounting services to a wide variety of customers, most of whom have had a business association with BCY for more than five years. BCY's de…

7, Bitcoin is regulated by a consortium of governments A. True B. False consumer

7, Bitcoin is regulated by a consortium of governments A. True B. False consumer 8. Social media is an increasingly valuable component of a marketing strategy because it changes t…

7- ) (Aggregate Demand and Supply) Determine whether each of the following would

7- ) (Aggregate Demand and Supply) Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or bo…

7- If the percentage change in the quantity demanded of a good is greater than t

7- If the percentage change in the quantity demanded of a good is greater than the percentage change in price, price elasticity of demand is: Question 7 options: a- elastic. b- in…

7- If the price of coffee decreases, the demand curve for tea (a substitute good

7- If the price of coffee decreases, the demand curve for tea (a substitute good) will: Question 18 options: a-remain unchanged. b- shift to the right. c- shift to the left. d- do…

7- consider a monopolistically competitve market with N firms.each firms\'s busi

7- consider a monopolistically competitve market with N firms.each firms's business opportunities are described by the following equations: Demand:Q = 100/N - P Marginal Revenue =…

7- the national debt is a. accumulation of the past federal governments deficit

7- the national debt is a. accumulation of the past federal governments deficit b. another term of the federal government deficit c. what the U.S government owes to foreigners d. …

7-1 Assume that the actual (nominal) exchange rate of the dollar to the British

7-1 Assume that the actual (nominal) exchange rate of the dollar to the British pound ($/£) in 2017 = 1.47; the exchange rate $/£ for 2010 (the base year) = $1.60, price index (PI…

7-12. (Bond valuation-zero coupon) The Latham Corporation is planning on issuing

7-12. (Bond valuation-zero coupon) The Latham Corporation is planning on issuing bonds that pay no interest but can be converted into $1,000 at maturity, 7 years from their purcha…

7-20. The cost of a nation\'s market basket in the base year is $1, 200, and the

7-20. The cost of a nation's market basket in the base year is $1, 200, and the current year's price index equals 125. What is the cost of the market basket in the current year? 7…

7-25) an office supply company has puchased a lightduty delivery truck for $18,0

7-25) an office supply company has puchased a lightduty delivery truck for $18,000. the truck will be depreciated under the MACRS with a property class of 5 years. It is anticipat…

7-32. your company is considering the introduction of a new product line. the in

7-32. your company is considering the introduction of a new product line. the initial investment required for this project is $500,000, and annual maintenance costs are anticipate…

7-52. Which of the following will not cause the demand for ice cream to change?

7-52. Which of the following will not cause the demand for ice cream to change? a. A change in population size b. A change in the price of ice cream C. All of these would cause a …

7-59: One aspect of obtaining a college education is the prospect of improved fu

7-59: One aspect of obtaining a college education is the prospect of improved future earnings in comparison to non-college graduates. Sharon Shay estimates that a college educatio…

7-74: A contractor is considering whether to buy or lease a new machine for her

7-74: A contractor is considering whether to buy or lease a new machine for her layout site work. Buying a new machine will cost $12,000 with a salvage value of $1200 after the ma…

7-The amount of a good that is given up to produce another good is: Question 7 o

7-The amount of a good that is given up to produce another good is: Question 7 options: a- its dollar cost. b- its opportunity cost. c- its relative cost. d- its absolute cost. e-…

7. (10 points) Assume the following cost data are for a perfectly competitive fi

7. (10 points) Assume the following cost data are for a perfectly competitive firm. Total Fixed ble Total Average Average Average Marginal Cost FixedVariable Total Cost Product Co…

7. (10 points) Assume the following cost data are for a perfectly competitive fi

7. (10 points) Assume the following cost data are for a perfectly competitive firm. Average Avege Average Total Fixed VariableTotal Cost roduct Cost CostCost FixedVariable TotalMa…

7. (10 points) Assume the following cost data are for a perfectly competitive fi

7. (10 points) Assume the following cost data are for a perfectly competitive firm. Average Average Average Total Fixed Variable Total Fxed Variable Total ProductCoCost Cost Margi…

7. (15 points) Nonrenewable Resources: Mining -- The following article discusses

7. (15 points) Nonrenewable Resources: Mining -- The following article discusses mining laws and policies in the US. Read the excerpt and answer the questions below. Questions: Cu…

7. (2 marks) In the market for bobcat fur, supply is described by the equation Q

7. (2 marks) In the market for bobcat fur, supply is described by the equation Q 2+P, and demand is described by Q = 3-4P. P is in dollars, and Q is in ounces of fur. Calculate th…

7. (2.5 pts) The following figure shows the labor demand curve, LD1, and labor s

7. (2.5 pts) The following figure shows the labor demand curve, LD1, and labor supply curve, LS1 in a market where the quantity of labor is measured in millions. A month later, th…

7. (2.5 pts) The following figure shows the labor demand curve. LD1, and labor s

7. (2.5 pts) The following figure shows the labor demand curve. LD1, and labor supply curve, LS1 in a market where the quantity of labor is measured in millions. A month later, th…

7. (5 pts) A company bought production equipment 2 years ago for $45,000. The eq

7. (5 pts) A company bought production equipment 2 years ago for $45,000. The equipment was expected to last for 5 years and the salvage value was estimated to be $6,000 at the en…

7. (50 points) Suppose the inverse demand for taxi drivers for one day is D(O) m

7. (50 points) Suppose the inverse demand for taxi drivers for one day is D(O) marginal cost for taxi drivers is $100 per driver 500-40, The price and quantity under perfect compe…

7. (50 points) Suppose the inverse demand for taxi drivers for one day is D(Q) =

7. (50 points) Suppose the inverse demand for taxi drivers for one day is D(Q) = 500- marginal cost for taxi drivers is $100 per driver. . The a. What is the equilibrium price and…

7. (7 points) Suppose that you have the following linear regression model: Y,B1

7. (7 points) Suppose that you have the following linear regression model: Y,B1 2X2i + 3X3i + 4X4i-S5X5i + ui. Your estimates b4 and b5 turn out to be imprecise and you cannot rej…

7. (8 points) An econometrician c ollects information on the wages, schooling, a

7. (8 points) An econometrician c ollects information on the wages, schooling, and experience of b s, + workers. She uses the data to estimate a regression equation of the form lo…

7. (8 points) An econometrician collects information on the wages, schooling, an

7. (8 points) An econometrician collects information on the wages, schooling, and experience of workers. She uses the data to estimate a regression equation of the forrn log(u) a …

7. (9 points) A pharmaccutical company with exclusive patent control over the ne

7. (9 points) A pharmaccutical company with exclusive patent control over the new miracle flu drug can sell its output in two different countries, with demands as follows (not dra…

7. (Consider This) A direct cost of going to college is: A. tuition, while an in

7. (Consider This) A direct cost of going to college is: A. tuition, while an indirect cost (opportunity cost) is books and other supplies. B. forgone income while in college, whi…

7. (Question 7 has two parts) Part 1 of Question 7 (10 points) Below is the Bala

7. (Question 7 has two parts) Part 1 of Question 7 (10 points) Below is the Balance Sheet for the Bank of Upland as of October 1, 2007. The required reserve ratio is 2%. Using thi…

7. . Consider an economy that produces and consumes hot dogs and hamburgers. In

7. . Consider an economy that produces and consumes hot dogs and hamburgers. In the following table are data for two different years 2010 2015 Good Hot dogs Hamburgers Quantity 20…

7. 7. Positive and negative supply shocks The following graph shows several shif

7. 7. Positive and negative supply shocks The following graph shows several shifts in the short-run aggregate supply (AS) and aggregate demand (AD) for a hypothetical economy. Ini…

7. A bank charges 1 1/21 per month on the unpaid balance for purchases made with

7. A bank charges 1 1/21 per month on the unpaid balance for purchases made with the credit card. This is equivalent to what effective annual interest rate? (a) 1.53 (b) 123 (c) 1…

7. A company plan to manufacture a product and sell it for $3 oo per unit. cost

7. A company plan to manufacture a product and sell it for $3 oo per unit. cost $250,000 and will have salvage value of $12,000 at the end of its useful life of 15 years. The equi…

7. A consumer has preferences for coffee and pancakes that are complete, continu

7. A consumer has preferences for coffee and pancakes that are complete, continuous, transitive, monotonic, and convex. At her current consumption bundle on the budget line, you c…

7. A firm has an incentive to hire more worker so long as the value of their mar

7. A firm has an incentive to hire more worker so long as the value of their marginal product. a. is greater than zero b. is greater than or equal to the wage they would have to p…

7. A firm is using 20 units of labor and 30 units of capital to produce 4,000 un

7. A firm is using 20 units of labor and 30 units of capital to produce 4,000 units of output. At this combination the marginal product of labor is 50 and the marginal product of …

7. A firm with constant marginal cost, practicing third degree price discriminat

7. A firm with constant marginal cost, practicing third degree price discrimination, will maximize profit by setting prices and output for the different demand groups such that a.…

7. A graphical approach to equilibrium GDP in a private closed economy Aa Aa The

7. A graphical approach to equilibrium GDP in a private closed economy Aa Aa The following graph shows the consumption function (CF) for a hypothetical private closed economy and …

7. A malfunction in a machine creates a loss which has a normal distribution wit

7. A malfunction in a machine creates a loss which has a normal distribution with average $10,000 and standard deviation $1,000. Suppose that normally, there is a probability 20% …

7. A market is imperfectly competitive when the: a. b. c. d. demand curve faced

7. A market is imperfectly competitive when the: a. b. c. d. demand curve faced by each individual firm is perfectly elastic. products offered by the firms are perfect substitutes…

7. A monopolist sells 100 units at $10 per unit and 90 units at $15 per unit. Th

7. A monopolist sells 100 units at $10 per unit and 90 units at $15 per unit. The marginal revenue from the tenth unit is ________. $1000 $1350 $100 $350 8. Which of the following…

7. A reason for diseconomies of scale is a) gains from specialization b) costs o

7. A reason for diseconomies of scale is a) gains from specialization b) costs of information and communication c) dimensional facts d) diminishing marginal physical product 9. A …