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Economics Questions
Describe the Theory of Rational Expectation and give an example
6. Should there be an inflationary gap of $3 trillion, what would Keynes think the government...
Does "wilding" cause a Growing any quality between rich and poor? ***growing inequality
Provide an example (other than those included in the PPT slides) of each of the following...
Assume that labor (artist) and capital (robot) are perfect substitutes in producing an output (= painting)...
Hum 201 What were the positive and negative effects of the Agricultural Revolution? How did the...
“Social Cost-Benefit Analysis (SCBA) is an assessment method used to determine the economic prudence of a...
Monopoly caused by economies of scales is called: Answers: a) government monopoly. b) unregulated monopoly c)...
1a. State how each of the following factors affects the materials balance model: (i) population growth;...
Assume that the demand curve D(p) given below is the market demand for apples: Q=D(p)=320−12pQ=D(p)=320-12p, p...
Production function, Q = 10K0.2L0.4Mo.4 + 100L0.8K0.2, is subject to: Answers: a) increasing returns to scale....
When the cost elasticity (= %change in LTC/%change in Q) is greater than 1, which of...
The short-run average product of a variable input has an inverse relationship with the: Answers: a)...
Normal profit is: Answers: a) not an economic cost because a firm can avoid this payment....
Below is the data for the maximum production of the only two products for the countries...
The region inside of the two ridge lines in the isoquant diagram is: Answers: a) where...
Which of the following is true? a) If one country has an absolute disadvantage in one...
What government policies are likely to restrict international trade? Are these effects likely to affect that...
PEST Analysis on Art Gallery in Canada? (Toronto) - Political - Economic - Social - Technological
A firm's short-run revenue is given by: R=10e−e2, where e is the level of effort by...
QUESTION 7 Suppose Peter expects to receive $5,000 three years from today. If the interest rate...
QUESTION 1 If the market interest rate is 5 percent, the present value of $200 to...
the Torrens system of land registration is important in governing interests in land that relate to...
Consider the loanable funds market. What event would cause a) real interest rate to increase b)...
6. Examples of price discrimination Complete the following table by indicating whether or not each scenario...
Assume that Indonesia is a small open economy. Explain how a decrease in the level of...
When the price of an inferior good falls, the substitution effect contributes to a(n) _____ in...
1- An exporter who is to receive payment in foreign currency in three months and who...
Is leadership nothing more than a trap of the Fundamental Attribution Bias? Do we see a...
If the price of gasoline doubled, how would consumption of (a) cars, (b) public transportation and...
Suppose there are two countries, USA and Japan. USA is regarded as the home country and...
Eric consumes only books and wine. His utility function is given by: U (B,W)= B.5W.5 Each...
Suppose you received a gift of $2000 cash on your 21st birthday. Further suppose you used...
the trump administration has propsed providing subsidies for coal and nuclear plants. what is the reasoning...
Environmental Economics Question: Assume that there is a limited supply of coal. This coal will be...
a. Consider the following long-run model: Real GDP (Y) = 2,000; Consumption (C) = 300 +...
16. Suppose a firm offers its senior employees protection from layoffs an added benefits. Further assume...
12. Ceteris paribus, a typical worker’s level of utility a. Increases with increasing level of effort...
(1) What is the “culture of poverty” argument? And why is it problematic?
A ______ is a final good and ______ is an intermediate good. A. new textbook; a...
Suppose the annual growth rate of real GDP for some fictional economy is 6%, the growth...
(1)The industrially advanced nations can assist developing nations by reducing trade barriers and by providing both...
4. Kiera’s dog walking business is booming, and she is interested in expanding. In order to...
Would unions fighting with management trying to get the highest raise possible in real terms be...
Financial frictions are often described in terms of an “interest-rate spread” between a standard government debt...
Which of the following is NOT a challenge associated with international marketing? Managers need to learn...
From the readings and videos, name and discuss some economically solid ways the citizens and government...
What is The impact of globalization economically on the American jobs?
Tim has rational preferences %A, and Jim has rational preferences %B. However, Jim is a bit...
From the previous question, suppose the US imposes a $2,000 tariff on each car. Further, suppose...
What are the different roles of the cabinet and the Executive Office of the President? Why...
Analyze the Keynesian perspective on market forces and the role of government policy in economic management.
Suppose the reserve requirement is initially set at 5%. Instructions: In parts a and c, round...
B. In part B of the chapter, the authors discuss “nudges” that have been proposed by...
Consider two agents, Alice and Bob, who are each capable of producing two goods cornbread and...
Which of the following provides or will provide universal health care? U.S. health system before 2010...
You are a private tuition teacher who conducts one-on-one home tuition in economics for senior college...
in 100 words Compare and contrast two events motivated by incentives, one where the self-interested behavior...
Question 14 For a monopsonist, the marginal factor cost is always: equal to the wage rate....
A merchant wants to have P2,000 to a small business for a period of 6 years....
Suppose the supply of money, measured by M1, is $2.4 trillion, output, measured by real GDP,...
What is insider trading? How is insider trading involved in the ImClone case? What was the...
Some scientists have said overuse of antibiotics is bad for public health. Economic theory assumes when...
How will an increase in immigration into Canada influence labor supply, labor demand and wages in...
Topic 1. What is "natural" about natural unemployment, discuss. Topic 2. Discuss why the CPI...
. Using an appropriate graph explain the effect of a minimum wage law on employment if...
How does the reserve requirements impact the banking system as a monetary policy tool, and is...
explain the difference between discretionary and automatic spending by the government. Please give an example of...
Using an appropriate graph, explain how a subsidy to a monopolist might increase efficiency.
Using an appropriate graph explain why pricing by a monopolist results in inefficient outcomes. What is...
What are the different phases of the business cycle, and how are production and employment affected...
Two soda vendors (“pop” vendors, if you like) need to set up on the beach in...
Women in Switzerland finally got the vote in 1971. As more and more women entered the...
Does brand and location of the product increase sales? A market researcher designs an experiment to...
Explain the difference(s) between micro-budgeting and macro-budgeting. Which one should a local government use?
What is the best practices in Foreign Direct Investment? From your perspective; which one is the...
Answer 3 of the following 5 questions based upon media quotations. Each question will be graded...
The cookie company in the mall hires only labor to produce cookies. The workers are paid...
What is a positive externality? Give an example of one. Explain why your example is an...
True or false: An insurance company will cover a particular medical treatment when the marginal benefit...
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