Economics

Question 46 The founding document of the European Economic Community, and the do

Question 46 The founding document of the European Economic Community, and the document that continues to provide the basis for the European Union is the Select one: a. Treaty of R…

Question 46 Total revenue minus both explicit and implicit costs is called accou

Question 46 Total revenue minus both explicit and implicit costs is called accounting profit. economic profit. average total cost. total cost. 3 points    Question 47 Which of the…

Question 47 1 pts Pierre left a message on Shayna\'s voicemail stating, \"Hey Sh

Question 47 1 pts Pierre left a message on Shayna's voicemail stating, "Hey Shayna. Regarding that painting talked about. I changed my mind and I do want to sell it. So I'l let yo…

Question 47 1.32 pts The price of yogurt is $2, and John gains marginal utility

Question 47 1.32 pts The price of yogurt is $2, and John gains marginal utility from his 2nd yogurt equal to 15 units. Fancy chocolate bars are $4 and John gains marginal utility …

Question 49 (2 points) One argument supporting promotion of the urban informal s

Question 49 (2 points) One argument supporting promotion of the urban informal sector is it uses a relatively high capital intensity the modern or formal sector is incapable of pr…

Question 49 (2 points) One argument supporting promotion of the urban informal s

Question 49 (2 points) One argument supporting promotion of the urban informal sector is it uses a relatively high capital intensity the modern or formal sector is incapable of pr…

Question 496 points) Suppose that banks are less able to raise funds and so lend

Question 496 points) Suppose that banks are less able to raise funds and so lend less. Consequently, because people and households are less able to borrow, they spend less at any …

Question 49: Vicky Volunteer rings bells for The Salvation Army during the holid

Question 49: Vicky Volunteer rings bells for The Salvation Army during the holidays. At her current level of production, the marginal social benefit derived from Vicky's bell ring…

Question 4: (7 marks) You currently pay $80 per month for cable TV (Basic Servic

Question 4: (7 marks) You currently pay $80 per month for cable TV (Basic Service, Variety Channels, Digital Box Rental and two movie channels). You are considering buying satelli…

Question 4: Anakin Skywalker is two years away from graduating from the Jedi Tra

Question 4: Anakin Skywalker is two years away from graduating from the Jedi Training Academy. One potential employer, Darth Sidious, offers Anakin one-year internship that would …

Question 4: Consider a Ricardian model with two countries of equal size, the US

Question 4: Consider a Ricardian model with two countries of equal size, the US and Ecuador, producing two goods, bananas and machines. Suppose the unit-labor requirements are: US…

Question 4: Household Production RE CANAL 1820 1845 In the above figure, the sha

Question 4: Household Production RE CANAL 1820 1845 In the above figure, the shaded regions represent the areas with the highes level of household production in the state of New Y…

Question 4: IS-LM Model (35 marks) a) On December 6th 1917, an explosion in the

Question 4: IS-LM Model (35 marks) a) On December 6th 1917, an explosion in the Halifax harbour caused by the collision of two ships, one carrying explosives, killed 4 percent of …

Question 4: IS-LM Model (35 marks) a) On December 6th 1917, an explosion in the

Question 4: IS-LM Model (35 marks) a) On December 6th 1917, an explosion in the Halifax harbour caused by the collision of two ships, one carrying explosives, killed 4 percent of …

Question 4: Julia, Kevin, and the Federal Election In this question we study the

Question 4: Julia, Kevin, and the Federal Election In this question we study the economics behind the Labor party's choice of Kevin Rudd over Julia Gillard to face off against Ton…

Question 4: Oligopoly (15 point) Assume the demand for a product is given by P=1

Question 4: Oligopoly (15 point) Assume the demand for a product is given by P=150-Q (a) Assume there are 2 firms and MC- AVT 30 and FC 0. If both firms try to underbid each other…

Question 4: Robinson Crusoe Taxed Consider the Robinson Crusoe Economy with u(x,

Question 4: Robinson Crusoe Taxed Consider the Robinson Crusoe Economy with u(x,T) -Vx+ vr, initial endowment of 24 hours of time, and production technology q-F(I) = I. Suppose no…

Question 4: Suppose two firms, Genera Pharma and Futura Pharma, are the only two

Question 4: Suppose two firms, Genera Pharma and Futura Pharma, are the only two producers of a specific drug. Genera and Futura have the same formula and sell the drug for the sa…

Question 4: Which of the following is most likely to result in a shortage of gas

Question 4: Which of the following is most likely to result in a shortage of gasoline? O I) The Organization of the Petroleum Exporting Countries (OPEC) reduces the amount of crud…

Question 4: [35 points] There are two groups of consumers who have inverse deman

Question 4: [35 points] There are two groups of consumers who have inverse demands p1 = 150 q1 and p2 = 30 0.5q2. The monopolist has cost function C(q) = 20q. (a) [5 points] If th…

Question 4: [40 points] Consider two maple syrup producers that engage in Courno

Question 4: [40 points] Consider two maple syrup producers that engage in Cournot competition. Inverse demand for maple syrup is given by P(Q) = 16 Q and the marginal cost of each…

Question 4: in the figure below, point A represents Gertrude\'s preferred bundle

Question 4: in the figure below, point A represents Gertrude's preferred bundle of leisure and income. Her wage is $5 per hour Y (per day) 120 L (per day) 24 4.a) How many hours i…

Question 4The following items are taken from the financial statements of the Pos

Question 4The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2012 Accounts payable Accounts receivable Accumulated …

Question 5 (1 point) A steel mill produces 40,000 tons of steel per month at a c

Question 5 (1 point) A steel mill produces 40,000 tons of steel per month at a cost of $5 million. For the people in the surrounding community, the production of 40,000 tons of st…

Question 5 (1 point) Central Planning in Russia/uSSR: implemented through 5-year

Question 5 (1 point) Central Planning in Russia/uSSR: implemented through 5-year plans that were put together by GOSPLAN which A) implemented the desires of the Politburo was comp…

Question 5 (1 point) Consider the relationship between the outside temperature a

Question 5 (1 point) Consider the relationship between the outside temperature and people's expenditure on air conditioning. During the summer months in the U.S., these two variab…

Question 5 (1 point) D Which policy is MOST likely to contribute to improved sta

Question 5 (1 point) D Which policy is MOST likely to contribute to improved standards of living over time? a) adding after-school art and music programs to promote creativity b) …

Question 5 (1 point) Suppose banks hold 20% of money in reserves. What is the mo

Question 5 (1 point) Suppose banks hold 20% of money in reserves. What is the money multiplier? Question 5 options: a) 50 b) 20 c) 5 d) 10 Save Question 6 (1 point) The Federal Op…

Question 5 (1 point) The slope of the budget constraint line is Question 5 optio

Question 5 (1 point) The slope of the budget constraint line is Question 5 options: Save Question 6 (1 point) If the price of x falls, the budget constraint Question 6 options: Sa…

Question 5 (1 point) The supply curve for loanable funds represents _____ and is

Question 5 (1 point) The supply curve for loanable funds represents _____ and is _____. Question 5 options: a) b) c) d) Question 6 (1 point) Which source of short-term borrowing c…

Question 5 (1 point) The time series plot below (from Figure 6.10 in the textboo

Question 5 (1 point) The time series plot below (from Figure 6.10 in the textbook) describes the average annual number of weekly hours worked by Canadian manufacturing workers. Wh…

Question 5 (1 point) Which of the following correctly defines Marginal Resource

Question 5 (1 point) Which of the following correctly defines Marginal Resource Cost? - A) Marginal Resource Cost is the cost of the marginal resource used in production of a inte…

Question 5 (12 points) Darren likes to consume cups of tea (T) and sugar cubes (

Question 5 (12 points) Darren likes to consume cups of tea (T) and sugar cubes (S) in a fixed proportion - for every 1 cup of tea, Darren likes exactly c cubes of sugar, where c &…

Question 5 (3 points) To address an output (recessionary) gap, the appropriate f

Question 5 (3 points) To address an output (recessionary) gap, the appropriate fiscal policy would be: Question 5 options: An increase in the corporate profit tax rate. An increas…

Question 5 (3 points) Which of the following is not considered an asset for a ba

Question 5 (3 points) Which of the following is not considered an asset for a bank: Question 5 options: Customer deposits. U.S. government treasury bills. Corporate loans. U.S. go…

Question 5 (30 marks). (Buy and sell Maple Syrup in a competitive international

Question 5 (30 marks). (Buy and sell Maple Syrup in a competitive international market) The Canadian demand for maple syrup is captured by the function Qd = 1040-p, where p is the…

Question 5 (30 marks). (Buy and sell Maple Syrup in a competitive international

Question 5 (30 marks). (Buy and sell Maple Syrup in a competitive international market) The Canadian demand for maple syrup is captured by the function Qd = 1040-p, where p is the…

Question 5 (Total 10 pts., 5 pts. each) A small nation of ten people idolizes th

Question 5 (Total 10 pts., 5 pts. each) A small nation of ten people idolizes the TV show American Idol. All they produce and consume are karaoke machines and CDs, in the followin…

Question 5 - Nominal GDP in 2013 Sr MSN.com Hotmail. Outlook. Chamberlain Univer

Question 5 - Nominal GDP in 2013 Sr MSN.com Hotmail. Outlook. Chamberlain University XWeek 5: MEL HomeworkX Do Homework - Pamela Harris X https://wwww.mathxl.com/Student/PlayerHom…

Question 5 1 pts If a change in consumer preferences results in many more consum

Question 5 1 pts If a change in consumer preferences results in many more consumers registering their "dollar votes" in favor of peaches, which of the following will most likely f…

Question 5 10 pts The coffee market in Boblandia is perfectly competitive. Deman

Question 5 10 pts The coffee market in Boblandia is perfectly competitive. Demand is characterized by P)- 140- 3xQ. If exactly 12 units are sold, what is the market price of a cup…

Question 5 10 pts The coffee market in Boblandia is perfectly competitive. Deman

Question 5 10 pts The coffee market in Boblandia is perfectly competitive. Demand is characterized by P)- 140- 3xQ. If exactly 12 units are sold, what is the market price of a cup…

Question 5 125 Marksl a) Kap\'s J is the owner of a fast food restaurant in Kitw

Question 5 125 Marksl a) Kap's J is the owner of a fast food restaurant in Kitwe. The average variable cost is $10 and the average fixed cost is $6. Mr. J's shop is under a perfec…

Question 5 15 Map For each calculation, use the midpoint formula. Round your ans

Question 5 15 Map For each calculation, use the midpoint formula. Round your answers to the nearest hundredth. ncome Elasticity of Demand Normal or Inferior Good? Sylvia's annual …

Question 5 2 pts Foreign exchange rates tend to be quite volatile because supply

Question 5 2 pts Foreign exchange rates tend to be quite volatile because supply and demand for foreign exchange are indepent. O supply and demand for foreign exchange are not ind…

Question 5 2 pts One or more of the following will shift the AD curve left. Whic

Question 5 2 pts One or more of the following will shift the AD curve left. Which one or ones? firms investing more due to lower interest rates firms investing less due to higher …

Question 5 2.5 points Save Answe Two hunters set out to kill a stag. One has agr

Question 5 2.5 points Save Answe Two hunters set out to kill a stag. One has agreed to drive the stag through the forest and the other to post at a place where the stag must pass.…

Question 5 20 pts Jupiter company is considering investing in Project Flash (2-y

Question 5 20 pts Jupiter company is considering investing in Project Flash (2-year) or Project Thunder (4-year). Project Flash generates the following cash flows: year “zero"-118…

Question 5 4 pts Examine the table above, which gives information about the cost

Question 5 4 pts Examine the table above, which gives information about the costs of a perfectly competitive firm. You are hired to determine the profit-maximizing quantity for th…

Question 5 A _______ specifies when a government regulatory program will end. Se

Question 5 A _______ specifies when a government regulatory program will end. Select one: a. Sunset law. b. Sunrise law. c. Anti-trust law. d. Government mandate. Question 6 When …