Economics question and answers for July 16, 2023
- Q Suppose consumer confidence has a sustaining increase for anation. What impact does this have on potential GDP and the pricelevel in the long run? Potential GDP falls, and the price...
- Q Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. Player 2 StrategyCDEFPlayer 1A7, 1619, 2423, 812, 14B18, 77, 2221, 915, 14 a. What is player 1’s optimal...
- Q Using the AD-LRAS model, suppose both aggregate demand and longrun aggregate supply shift left. What impact does this have onpotential GDP and the price level in the long run? Potential...
- Q Assume that you compute the covered interest rate parity differential between France (domestic economy) and the US (foreign economy) in the period 1980-1985. You find that it is largely negative, and statistically significant...
- Q Which of the following individuals are not part of the laborforce? A student who is actively looking for work to support theirfamily A part time worker who would like full...
- Q 9 The quantity of digital music players produced should beMultiple Choice 00.49 .53 reduced if marginal benefits exceedmarginal costs. reduced if marginal costs exceed marginal benefits.Increased if marginal costs exceed...
- Q Which of the following is most accurate about economists' viewof purposeful behavion? Multiple Choice People are inherentlygreechy with no regard for the wellibeing of others. Purposefulbehavior makes people immune from...
- Q Which of the following is true of capitalist systems? Group of answer choices They emphasize private economic decision-making about the goods and services that should be produced. They emphasize highly regulated markets. Governments...
- Q Which of the following is a positive economic statement?Multiple Choice Government must maintain the current level ofdefense spending to keep the nation sale. The minimum wage shouldbe increased to give...
- Q Microsoft Coproration bought Linkedin Inc. for approximately$26billion in 2016. However the book value of Linkedin's assets wasapproximately$7billion. The difference of$19billion was recorded on Microsoft's balance sheet as A)buildings B) paid-in...
- Q In the great city of Matrix, the main purpose for the production of capital goods is to: Option A facilitate exchange where a coincidence of wants does not exist. Option B promote...
- Q Borrowers only expect inflation to increase. Question 10 options: a. The price of US bonds will rise; the quantity of US bonds will rise. b. The price of US bonds will rise;...
- Q The blood vessels that supply eubients and oxygen only to theheut mucle mase up the specific type of circulation called the?circulation.
- Q Meteorologist report that extreme weather destroyed grain crops. This will lead to a(n): Option A increase in the price of grain and quantity purchased. Option B decrease in the price of grain...
- Q What is the impact of culture on leadership styles
- Q Suppose the data indicates a long run 2.3% inflation rate and a 3.1% growth rate for potential GDP. What must have happened according to the AD-LRAS model? Aggregate demand shifted left, and long...
- Q Now, determine the formula you will use to calculate the efficiency variance of each firm. Choose the correct answer below. A. Efficiency variance=Input price of firm times left parenthesis Input quantity of firm...
- Q Suppose businesses decrease their spending on new physicalcapital this year. What impact does this have on the AD-LRAS modelthis year? Aggregate demand shifts left, and long run aggregatesupply shifts left....
- Q Suppose businesses decrease their spending on new physicalcapital this year. What impact does this have on the AD-LRAS modelthis year? Aggregate demand shifts left, and long run aggregatesupply shifts left....
- Q Blasticlity - Around the Werld The demand for gasoline isnelatively inelastic compared so the supply of gasoline. How doesthe difference in elasticities affect the bunder of a tax ongasolise? The...
- Q Bond buyers only expect interest rates to decrease in the near future. Also, the US stock market is expected to become riskier. Question 9 options: a. The price of US bonds will...
- Q which item is most likely to be subjected to price control?
- Q Question 42 You now know that supply equations can be estimatedusing regression methodology. Suppose that you collect data and runa regression to estimate the upply equation for a particularproduct. The...
- Q Question 2 of 13 All of the goods below are either sold inperfectly competitive markets or in secondary markets that are alsocompetitive. Suppose that the market (or the secondary market)starts...
- Q Question 1: Impact of Engineering on The Society (50\%) CLO1Describe the impact of engineering activities on the society andglobal community. Question: Examine how engineering advancementsduring the Fourth Industrial Revolution (Industry...
- Q . The “GDP gap” is the difference between full-employment output and actual output (i.e., GDP gap = Y* – Y). In the context of definition, which of the following should NOT be...
- Q Government borrowing increases and Canadian bonds become riskier. Question 8 options: a. The price of US bonds will rise; the quantity of US bonds will rise. b. The price of US bonds...
- Q What is the first step that must be taken to terminate acorporation? Filing Vote Revocation Winding up
- Q According to economists, should price gouging be categorized as legal or illegal?
- Q The government increases borrowing. Question 7 options: a. The interest rates for US bonds will rise b. The interest rates for US bonds will fall c. The effect on interest rates is indeterminate
- Q Question 2 7 pts Using the AD-LRAS model, suppose aggregatedemand shifts left. What impact does this have on potential GDP andthe price level in the long run? Potential GDP remains...
- Q Which of the following is an example of a common restrictivecovenant in a s Exterior color requirements for homes Minimum leaseterm for rental properties Pet weight restrictions Parkingrestrictions for commercial...
- Q What is acaptal of Nigen a
- Q what goods were African slaves traded for in the American colonies
- Q (1) For the extensive game with perfect information representedbelow. - Draw the normal form game. - Find the pure strategy Nashequilibria of the game. - Find the Subgame Perfect Nash...
- Q JSuppose a profit-maximizing firm in a perfectly competitive market is earning an economic profit of $1,345. If the firm’s fixed cost increases from $200 to $300, the firm will:
- Q Last year, Casey grew fresh vegetables, which she sold at her local farmers market, but this year, Casey did not plant any vegetables and went to work at a bank instead. If...
- Q Manuel has plans to go to an Pittsburgh Pirates baseball game and already has a $60 nonrefundable, nonexchangeable, and nontransferable ticket. Now Poornima, whom Manuel has wanted to date for a long time,...
- Q Manuel has plans to go to an Pittsburgh Pirates baseball game and already has a $60 nonrefundable, nonexchangeable, and nontransferable ticket. Now Poornima, whom Manuel has wanted to date for a long time,...
- Q What is the main difference between restrictive covenants andzoning ordinances? Restrictive covenants are enforced by HOAs,while zoning ordinances are enforced by develop Restrictivecovenants are established by the government, while zoningordinances...
- Q e. What Is the effect on the system If machine A can manage anoutput of only 20 In one hour? We lose products f. What is theeffect on the system...
- Q Which of the following represents the principle of consent ofthe governed? The people debate on social media. Lentilidials herethe right to fury triaks. The people elect the Chief Justice of...
- Q complex circuits can be broken down into combinations of series and
- Q true or false complex circuits can be broken down into combinations of series and
- Q true or false complex circuits can be broken down into combinations of series and
- Q What happened to bankruptcy filings in 2006? increased by 20 percent increased by 40 percent remained relatively unchanged decreased by 20 percent decreased by 40 percent
- Q A software engineer is working for a multinational technology company. Her annual salary is $200,000. She is considering quitting her job and investing $150,000 of her savings to start an IT company she...
- Q Is it in correct to say that inflation reduces the real value of people’s wages? (a) Yes, inflation increases prices, thus nominal wages are worth less in purchasing power terms (b) No,...
- Q Suppose that nominal wages grow at the same rate as the CPI inflation rate, leaving the purchasing power of wages unchanged. Which of the following, if true, could potentially imply that inflation nevertheless...
- Q low do property owners in a common interest development agree tofollow HOA rules? By serving on the HOA board By signing a separateagreement upon moving in By purchasing a property...
- Q What does cross elasticity of demand measure? Cross elasticityof demand measures how responsive the quantity demanded of one goodis to changes in the quantity demanded of another good. price ofone...
- Q What document establishes the initial rules and structure of aHomeowners' Association (HOA)? The articles of incorporation filedwith the state The CCBRs created by the developer The bylawscreated by the property...
- Q Family businesses are always majority-owned by one family. TrueFalse
- Q Describe fully how economic factors cause homelessness.
- Q Discuss the economic implications for both consumers and producers if government subsidies for solar energy were reduced or eliminated
- Q Question 9 Which one of the following is not a retallationstrategy that furms would apply to one that cheated on aprice-faing scheme by selling at a price below the ageed...
- Q Write an algebraic equation relating the variables described ineach of the following sifuations. a. The pay. P. for the if you arepaid$21an hour b. The pay, P, for thr if...
- Q Suppose a perfectly competitive firm is producing 1,000 units of output and the marginal cost of the 1,000th unit is $7. If the firm can sell each unit of output for $7...
- Q Career sequencing refers to a situation where work becomes a tool allowing an individual to get or do something else.O TrueFalse
- Q f you receive a deed that transfers ownership of a house to you and your spouse as a tenancy in common, you have a __________ in the house.
- Q If a market switches from being a perfectly competitive marketto being a monopoly market, the decrease in consumer surplus ismore than offset by an increase in producer profits.?True Filter
- Q If a perfectly competitive firm produces an output level at which price is greater than marginal cost, then the firm should:
- Q Suppose the Federal Reserve chairman, Jerome Powell, pays you $2,000 for a lecture on monetary policy he needs in order to finish a book that the Fed want to release next month...
- Q Explain the facts of People v. Smith 470 NW2d 70
- Q what was the justification for slavery adopted by African rulers that originated from Islamic societies
- Q The EU definition of a family business requires that a familyowns a majority of shares in all types of companies. True False
- Q Question 5 The nurse is instructing a client who was recentlydiagnosed with Raynaud's disease. Which of the following statementsby the client indicates a correct understanding of the teaching? "Ishould drink...
- Q Which of the following industries are family businesses moreprevalent in? a. Aerospace and defense b. Finance and Insurance c.Telecommunications d. Agriculture, food and retail
- Q What term is used to describe the dual impact (positive andnegative) of family involvement in a business? a. Family paradox b.Generational duality c. Bivalent nature d. Ownership complexity
- Q 1 try left If someone comments that she got the pay raise thatshe deserved, this is an example of??A. informational justice B. procedural justice C. interpersonaljustice D. distributive justice
- Q National opinion polls have routinely asked about Americans’ belief that it is possible for a person to start at the bottom of the economic ladder and work their way to the top....
- Q Question 10 of 10 -- of 1 point Question 10 1 try left Accordingto equity theory, if an employee who perceives an inequity exertsless effort, this is known as?A. changing...
- Q Stewardship theory assumes that individuals are motivated purelyby financial gain and personal utility. True False
- Q Discuss the economic implications for both consumers and producers if government subsidies for solar energy were reduced or eliminated. Evaluate the impact on market equilibrium (demand and supply) and pricing decisions of major...
- Q What is the potential risk for a real estate agent who providesadvice on zoning matters proper knowledge or training? The agentcould face disciplinary action from their state licensing board Theagent...
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