Economics

Suppose that all young women were channeled into careers as secretaries, nurses,

Suppose that all young women were channeled into careers as secretaries, nurses, and teachers. At the same time, young men were encouraged to consider these three careers and many…

Suppose that an American automobile manufacturer establishes foreign subsidiarie

Suppose that an American automobile manufacturer establishes foreign subsidiaries to market the automobiles. This practice is referred to as? Backward vertical integration Forward…

Suppose that an appraiser has come to the following conclusions in evaluating th

Suppose that an appraiser has come to the following conclusions in evaluating the subject property. Due to the dramatic shift in the perceived safety of the neighborhood, values o…

Suppose that an average American worker produces 2 computers a week, while an av

Suppose that an average American worker produces 2 computers a week, while an average Mexican worker produces 1 computer a week, and that an American worker can produce 3 shirts a…

Suppose that an average American worker produces 2 computers a week, while an av

Suppose that an average American worker produces 2 computers a week, while an average Mexican worker produces 1 computer a week, and that an American worker can produce 3 shirts a…

Suppose that an average American worker produces 2 computers a week, while an av

Suppose that an average American worker produces 2 computers a week, while an average Mexican worker produces 1 computer a week, and that an American worker can produce 3 shirts a…

Suppose that an earthen dam breaks, flooding down-stream communities, damaging o

Suppose that an earthen dam breaks, flooding down-stream communities, damaging or destroying hundreds of millions of dollars worth of homes and businesses in addition to any recre…

Suppose that an economist from a southern research institute argues that it is o

Suppose that an economist from a southern research institute argues that it is oppressive for the government to tax people who take care of themselves in order to pay for health i…

Suppose that an economist from a southern research institute argues that it is o

Suppose that an economist from a southern research institute argues that it is oppressive for the government to tax people who take care of themselves in order to pay for health i…

Suppose that an economist from a university in Arizona argues that a government

Suppose that an economist from a university in Arizona argues that a government bailout of severely distressed financial firms is unnecessary because free markets will properly pr…

Suppose that an economy consists of 100 households, 50 of which have no income i

Suppose that an economy consists of 100 households, 50 of which have no income in period 1 and income of $50,000 in period 2 and 50 of which have no income of $40,000 in period 1 …

Suppose that an economy consists of only two individuals. Jeremy has $1530 avail

Suppose that an economy consists of only two individuals. Jeremy has $1530 available to spend on goods. He decides to purchase $230 worth of produce from Juanita in the current ye…

Suppose that an economy has the Phillips curve p = p-1 - 0.5(u - u^n), and that

Suppose that an economy has the Phillips curve p = p-1 - 0.5(u - u^n), and that the natural rate of unemployment is given by an average of the past two years’ unemployment: u^n = …

Suppose that an economy has the Phillips curve pi = pi_-1 - 0.5 (u - u\" and tha

Suppose that an economy has the Phillips curve pi = pi_-1 - 0.5 (u - u" and that the natural rate of unemployment Is given by an average of the past two years' unemployment: u" = …

Suppose that an economy has the following Phillips curve pi = (pi)^2 - 2(u-u^n).

Suppose that an economy has the following Phillips curve pi = (pi)^2 - 2(u-u^n). Suppose the natural rate of unemployment is 5 percent (0.05), and that expectations about inflatio…

Suppose that an economy has the following Phillips curve pi = (pi)^2 - 2(u-u^n).

Suppose that an economy has the following Phillips curve pi = (pi)^2 - 2(u-u^n). Suppose the natural rate of unemployment is 5 percent (0.05), and that expectations about inflatio…

Suppose that an economy in year t can be described by the following three equati

Suppose that an economy in year t can be described by the following three equations: ut – ut-1 = -0.4(gyt – 3%) Okun’s law t – t-1 = -(ut – 5%) Phillips curve gyt = gmt – t Aggreg…

Suppose that an economy initially at full-employment is hit by an adverse supply

Suppose that an economy initially at full-employment is hit by an adverse supply shock a)    What will happen to output and the price level in the short run? b)    What will happe…

Suppose that an economy is described by the following production function: Y t =

Suppose that an economy is described by the following production function: Yt = At*Kt^a*Lt^b*Zt^c 1 Ytis real GDP at time t, Ktis the capital stock at time t, Ltis the number of w…

Suppose that an economy is producing on its production possibilities curve but i

Suppose that an economy is producing on its production possibilities curve but is not producing quantities of each good where the marginal beneft equals the marginal cost for each…

Suppose that an economy\'s production function is Cobb-Douglas with parameter al

Suppose that an economy's production function is Cobb-Douglas with parameter alpha = 0.3. What fractions of income do capital and labor receive? Suppose that immigration increases…

Suppose that an economy’s production function is Cobb-Douglas with parameter = 0

Suppose that an economy’s production function is Cobb-Douglas with parameter = 0.3. a. What fractions of income do capital and labor receive? b. Suppose that immigration increases…

Suppose that an economy’s production function is Y = z ? K ? N. Workers consume

Suppose that an economy’s production function is Y = z ? K ? N. Workers consume 70 percent of the total output in each period, and 10 percent of the country’s capital depreciates …

Suppose that an employer refuses to promote a female employee solely because she

Suppose that an employer refuses to promote a female employee solely because she is a woman.  The evidence at trial will show that the female employee is qualified for the job for…

Suppose that an increase in the price of a good from $4 to $5 causes the quantit

Suppose that an increase in the price of a good from $4 to $5 causes the quantity demanded of the good to fall from 95 to 85. 3.1 What is the price elasticity of demand of the goo…

Suppose that an individual consumes three goods -- food, clothing, automobiles.

Suppose that an individual consumes three goods -- food, clothing, automobiles. Denote the quantities of these goods consumed by X, Y, and Z respectively. Suppose the individual u…

Suppose that an individual consumes three goods -- food, clothing, automobiles.

Suppose that an individual consumes three goods -- food, clothing, automobiles. Denote the quantities of these goods consumed by X, Y, and Z respectively. Suppose the individual u…

Suppose that an industry cartel wishes to keep a new entrant out of an industry.

Suppose that an industry cartel wishes to keep a new entrant out of an industry. Cartel members can conduct “predatory pricing”, where the cartel lowers its price until the entran…

Suppose that an industry has high fixed costs to enter but, other than that, is

Suppose that an industry has high fixed costs to enter but, other than that, is competitive. A. What will be the effect of the high fixed costs to the number of firms in the indus…

Suppose that an industry has high fixed costs to enter but, other than that, is

Suppose that an industry has high fixed costs to enter but, other than that, is competitive. A. What will be the effect of the high fixed costs to the number of firms in the indus…

Suppose that an initial $20 billion increase in investment spending expands GDP

Suppose that an initial $20 billion increase in investment spending expands GDP by $20 billion in the first round of the multiplier process. If GDP and consumption both rise by $1…

Suppose that an initial $40 billion increase in investment spending expands GDP

Suppose that an initial $40 billion increase in investment spending expands GDP by $40 billion in the first round of the multiplier process. Also assume that GDP and consumption b…

Suppose that an oil refinery is considering building a new plant. It has estimat

Suppose that an oil refinery is considering building a new plant. It has estimated that for the relevant range of expected production, the average total cost will decrease as the …

Suppose that annualized interest rates on 3 month CD’s in the U. S. are .375 % w

Suppose that annualized interest rates on 3 month CD’s in the U. S. are .375 % while in the Australia annualized interest rates on 3 month deposits are 1.10%. What must currency t…

Suppose that annualized interest rates on 3 month CD’s in the U. S. are .375 % w

Suppose that annualized interest rates on 3 month CD’s in the U. S. are .375 % while in the Australia annualized interest rates on 3 month deposits are 1.10%. a) What must currenc…

Suppose that as a result of a housing price decline, the value of the bank\'s se

Suppose that as a result of a housing price decline, the value of the bank's securitized assets falls by an uncertain amount, so that these assets are now worth somewhere between …

Suppose that as a result of a housing price decline, the value of the bank\'s se

Suppose that as a result of a housing price decline, the value of the bank's securitized assets falls by an uncertain amount, so that these assets are now worth somewhere between …

Suppose that as an owner of a federally insured S&L in the 1980s the price of re

Suppose that as an owner of a federally insured S&L in the 1980s the price of real estate falls, and most of your loans go into default. In fact, so many loans go into default…

Suppose that as an owner of a federally insured S&L in the 1980s the price of re

Suppose that as an owner of a federally insured S&L in the 1980s the price of real estate falls, and most of your loans go into default. In fact, so many loans go into default…

Suppose that as the economic recovery strengthened consumer expectations of annu

Suppose that as the economic recovery strengthened consumer expectations of annual inflation increased from 2% to 3.5 % and, at the same time, the expected real rate of return req…

Suppose that as the economic recovery strengthened consumer expectations of annu

Suppose that as the economic recovery strengthened consumer expectations of annual inflation increased from 2% to 3.5 % and, at the same time, the expected real rate of return req…

Suppose that at Miles\'s current level of consumption, his marginal utility from

Suppose that at Miles's current level of consumption, his marginal utility from a pizza is 10 utils, and his marginal utility from a pint of ice cream is 16 utils. If the price of…

Suppose that at first, Rima charges the same price of $8 per admission in both m

Suppose that at first, Rima charges the same price of $8 per admission in both markets so that the total number of admissions demanded is tickets. Suppose now that Rima decides to…

Suppose that at the end of 2008, the value of U.S.-owned assets abroad Is $13,75

Suppose that at the end of 2008, the value of U.S.-owned assets abroad Is $13,755 billion, and the value of foreign-owned assets In the United States (which are U.S. liabilities) …

Suppose that at the end of Monday, the U.S. money supply was $200,000. On Tuesda

Suppose that at the end of Monday, the U.S. money supply was $200,000. On Tuesday, Republic Bank engaged in only two transactions: (1) a customer withdrew $10,000 from a checking …

Suppose that average consumption baskets (bundles) for Year 1 and Year 2 are as

Suppose that average consumption baskets (bundles) for Year 1 and Year 2 are as shown in the table below: Pizza Slices Bottles of Beer Year 1 (quantity, price) {10 bottles, $2/bot…

Suppose that average earnings by age group for bachelor Solution Age bachelor’s

Suppose that average earnings by age group for bachelor

Suppose that average income in the world and the cost of catching fish are both

Suppose that average income in the world and the cost of catching fish are both equal to their initial values, US$5,000 per year for income and US$2,500 per ton for cost. True or …

Suppose that banks had deposits of $ 400 billiondeposits of $400 billion?, a des

Suppose that banks had deposits of $ 400 billiondeposits of $400 billion?, a desired reserve ratio of 5 percenta desired reserve ratio of 5 percent?, no excess? reserves, and $ 14…

Suppose that banks in the US commercial banking system are holding $1 billion in

Suppose that banks in the US commercial banking system are holding $1 billion in excess reserves, but want to keep only $0.5 billion in excess reserves. If the required reserve ra…