Economics

An increase in the income tax rate _____ disposable income and _____ consumption

An increase in the income tax rate _____ disposable income and _____ consumption spending. Answer decreases, decreases increases, decreases increases, increases decreases, increas…

An increase in the interest rate in the United States would bring about the foll

An increase in the interest rate in the United States would bring about the following effects: Traders will start selling bonds denominated in euros and buying bonds denominated i…

An increase in the interest rate should ________ the demand for dollars and the

An increase in the interest rate should ________ the demand for dollars and the value of the dollar, and net exports should ________. a. increase; not change b. increase; decrease…

An increase in the interest rate would tend to reduce A. both domestic investmen

An increase in the interest rate would tend to reduce A.  both domestic investment and net capital outflow. B.  neither domestic investment nor not capital outflow. C.  net capita…

An increase in the marginal productivity of labor will tend to A. shift the labo

An increase in the marginal productivity of labor will tend to A. shift the labor supply curve rightward if the change is temporary. B. result in an increase in employment if the …

An increase in the market price of men\'s haircuts, from $15 per haircut to $25

An increase in the market price of men's haircuts, from $15 per haircut to $25 per haircut, initially causes a local barbershop to have its employees work overtime to increase the…

An increase in the market price of men\'s haircuts, from $15per haircut to $25 p

An increase in the market price of men's haircuts, from $15per haircut to $25 per haircut, initially causes a local barbershop to have its employees work over time to increase the…

An increase in the market price of men\'s haircuts, from $20 per haircut to $30

An increase in the market price of men's haircuts, from $20 per haircut to $30 per haircut, initially causes a local barbershop to have its employees work overtime to increase the…

An increase in the market price of men\'s hairouts, from $12 per haircut to $22

An increase in the market price of men's hairouts, from $12 per haircut to $22 per haircut, initially causes a local barbershop to have its employees work overtime to increase the…

An increase in the market price of men’s haircuts, from $15 per haircut to $25 p

An increase in the market price of men’s haircuts, from $15 per haircut to $25 per haircut, initially causes a local barbershop to have employees work overtime to increase the num…

An increase in the number of buyers in the market for LED TVs would cause the ma

An increase in the number of buyers in the market for LED TVs would cause the market demand curve for LED TVs to: shift right. shift left. stay the same because market demand does…

An increase in the overall price level that is accompanied by a short-run increa

An increase in the overall price level that is accompanied by a short-run increase in unemployment is most likely to be caused by: a decrease in aggregate demand a increase in agg…

An increase in the price level will have no impact on the money demand curve inc

An increase in the price level will have no impact on the money demand curve increase the quantity of money people want to hold shift the money demand curve to the left shift the …

An increase in the price of Product X leads to a decrease in demand for Product

An increase in the price of Product X leads to a decrease in demand for Product Y. The price increase also increases the demand for Product Z, a related good. Discuss the relation…

An increase in the price of a good leads to a) a decrease in the marginal utilit

An increase in the price of a good leads to a) a decrease in the marginal utility per dollar of that good, and an increase in the quantity purchased. b) a decrease in the marginal…

An increase in the real interest rate decrease the quantity of saving. has no ef

An increase in the real interest rate decrease the quantity of saving. has no effect on saving shifts the saving supply curve rightward. increases the quantity of saving. increase…

An increase in the reserve ratio: a. Increases the size of thespending income mu

An increase in the reserve ratio: a. Increases the size of thespending income multiplier. b. Decreases the size of thespending income multiplier. c. Decreases the size of themoney…

An increase in the wage offered by the employer causes the cost of job loss to i

An increase in the wage offered by the employer causes the cost of job loss to increase/ decrease/ remain the same. An increase in the worker's reservation wage causes the cost of…

An increase in the world price of cauliflower in the market for cabbage. (Assume

An increase in the world price of cauliflower in the market for cabbage. (Assume the demand for cabbage does not shift.) An increase in the world price of ice cream in the market …

An increase in unemployment benefits causes the no-shirking wage to Choose... An

An increase in unemployment benefits causes the no-shirking wage to Choose... An increase in the disutility of effort causes the no-shirking wage to Choose... An increase in the p…

An increase in unemployment benefits causes the no-shirking wage to either: Choo

An increase in unemployment benefits causes the no-shirking wage to either: Choose...increase...decrease...or remain the same . An increase in the disutility of effort causes the …

An increase in unemployment benefits causes the no-shirking wage to increase/ de

An increase in unemployment benefits causes the no-shirking wage to increase/ decrease/ remain the same. An increase in the disutility of effort causes the no-shirking wage to inc…

An increasing whole life insurance pays k + 1 units at the end of policy year k

An increasing whole life insurance pays k + 1 units at the end of policy year k + 1 if a life age 80 dies in policy year You are given: v = 0.925 The actuarial present value of th…

An increasingly common form of trade restriction is a non-tariff barrier (NTB).

An increasingly common form of trade restriction is a non-tariff barrier (NTB). In many cases, NTBs are imposed for political reasons, such as the foreign country does not have su…

An incumbent can commit to producing a large quantity of output before the poten

An incumbent can commit to producing a large quantity of output before the potential rival decides whether to enter. The incumbent chooses whether to commit to produce a small qua…

An incumbent firm operates in a local computer market, which is a natural monopo

An incumbent firm operates in a local computer market, which is a natural monopoly. That is, there is room for only one firm to sell profitably in this market. Market demand for t…

An incumbent firm, Firm 1, faces a potential entrant, Firm 2, with a lower margi

An incumbent firm, Firm 1, faces a potential entrant, Firm 2, with a lower marginal cost. The market demand curve is p 100-41-92 Firm 1 has a constant marginalcost of 540 per unit…

An incumbent usually charges a higher price than a new entrant does. Which of th

An incumbent usually charges a higher price than a new entrant does. Which of the following is a plausible reason for this observation? A. An incumbent usually has a bigger bureau…

An indifference Curve represents_______ Multiple Choice a)The maximum utility av

An indifference Curve represents_______ Multiple Choice a)The maximum utility available to any given consumer b) the optimal graphical tool to decide what you should purchase. c) …

An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laborator

An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laboratory is said to have potential uses in electricity-generating solar cells. The new material is expecte…

An individual derives utility from consumption goods, X, and leisure time, N, to

An individual derives utility from consumption goods, X, and leisure time, N, to maximize the daily utility level, u = XN. Outside income per day is $m and the price of consumptio…

An individual donates artwork to San Francisco General Hospital. This was the on

An individual donates artwork to San Francisco General Hospital. This was the only charitable contribution the taxpayer makes during the year. The artwork was purchased several ye…

An individual has a fixed wealth (W) to allocate between consumption in two peri

An individual has a fixed wealth (W) to allocate between consumption in two periods (C1 and C2). The individual’s utility function is given by: U(C1, C2) And the budget constraint…

An individual has an income of $1000 per month with which they buy the composite

An individual has an income of $1000 per month with which they buy the composite good with a price of $1 and food with a price of $2/unit of food. a) Draw the budget constraint fo…

An individual has to choose between investment A and investment B. The individua

                                                                                       An individual has to choose between investment A and investment B. The individual estimates …

An individual has to choose between investment A and investment B. The individua

An individual has to choose between investment A and investment B. The individual estimates that the income and probability of the income from each investment are as given in the …

An individual is considering two investment projects. Project A wil return a zer

An individual is considering two investment projects. Project A wil return a zero profit if conditions are poor, a profit of $4 if conditions are good, and a profit of $8 if condi…

An individual is considering two investment projects. Project A will return a ze

An individual is considering two investment projects. Project A will return a zero profit if condition are poor, a profit of $4 if conditions are good, and a profit of $8 if condi…

An individual is purchasing a new product. The product they are buying comes wit

An individual is purchasing a new product. The product they are buying comes with a purchase guarantee, which they believe to be accurate. They do not want to spend any extra mone…

An individual lives in a world where there are only two goods, X and Y. His util

An individual lives in a world where there are only two goods, X and Y. His utility function per period is given by: U = 25x - 0.5x^2 + 50y - y^2 The price of x is $4 and the pric…

An individual wishes to deposit an amount of money now to have an accumulation o

An individual wishes to deposit an amount of money now to have an accumulation of $5000 at the end of 5 years. if the interest rate is at 10% per year, compounded semiannually, de…

An individual with a current wealth of w and utility function u(x) = 1 - e^-x/R

An individual with a current wealth of w and utility function u(x) = 1 - e^-x/R for some R > 0 has to choose between two investment alternatives: one safe and one risky. The sa…

An individual\'s annual income is $100,000. The person is considering opening th

An individual's annual income is $100,000. The person is considering opening their own business. Expected revenues for the business, if they open it, is 2 million the first year. …

An individual\'s labor supply curve is (upward sloping from left to right first

An individual's labor supply curve is (upward sloping from left to right first and then) backward bending, primarily because, as wage rate goes up, the labor (the individual) will…

An individuals annual income is $100,000. The person is considering opening thei

An individuals annual income is $100,000. The person is considering opening their own business. Expected revenues for the business, if they open it, is 2 million the first year. S…

An industrial engineer has been studying a lean process line to determine if the

An industrial engineer has been studying a lean process line to determine if the company should switch from a labor-intensive line to a more automated system. If the company wants…

An industrial engineer proposed the purchase of scanning equipment for the compa

An industrial engineer proposed the purchase of scanning equipment for the company's warehouse and weave rooms. The engineer felt that the purchase would provide a better system o…

An industrial firm is considering purchasing several programmable controllers an

An industrial firm is considering purchasing several programmable controllers and automating their manufacturing operations. It is estimated that the equipment will initially cost…

An industrial sewing machine costs $5104 and is expected to have a scrap value o

An industrial sewing machine costs $5104 and is expected to have a scrap value of $3727 whenever it is retired. Operating and Maintenance costs are $1314 for the first year and ex…

An industry currently has 100 firms, all of which have fixed costs of $16 and av

An industry currently has 100 firms, all of which have fixed costs of $16 and avg. variable cost as follows: Q Avg. Variable Cost ($) 1 1 2 2 3 3 4 4 5 5 6 6 a. Compute marginal c…