Economics Answers

Show with empirical evidence the impact of trade unions on employment

If the required reserve ratio is reduced from 10% in 2020 to 5% in 2021 and the central buys $29.0M worth of securities in 2021, what will be the maximum potential increase in the money supply

The elasticity of supply shows the responsiveness of the seller to changes in price. In what way can seller's utilize such information?

Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations:

Demand: Q=100/N−P

Marginal Revenue: MR=100/N−2Q

Total Cost: TC=50=Q2

Marginal Cost: MC=2Q

a. How does N, the number of firms in the market, affect each firm's demand curve? Why?

b. How many units does each firm produce? (The answers to this and the next two questions depend on N.)

c. What price does each firm charge?

d. How much profit does each firm make?

e. In the long run, how many firms will exist in this market?

How is short run defined in production theory and does it differ from the long run?.

What is the relationship between the US dollar index, 30 year T bond prices and T bond interest rates? I know bond prices and interest rates are inversely correlated but please explain their relationship with the US dollar.

.If marginal revenue is greater than marginal cost:

A. it will pay the firm to expand production.

B. the firm should leave the level of production unchanged.

C. the firm should cut back on production.

D. profit is at a maximum.

E. only normal profit will be possible.

Explain FIVE ways that imports and exports can benefit a company like Volkswagen

Why is scarcity a fundamental problem in economics

Explain four reasons why the study of Economics is important to society.