Economics Answers

Which of the following is correct.

A. The repo rate is a real interest rate.
B. The interest rate on a Banker's Acceptance is a long term rate.
C. There is a positive relationship between the price of financial instrument and its interest rate.
D. The primer rate is a nominal interest rate.

Which of the following is correct. If actual prices are higher than expected prices.

A. Employment will decrease.
B. Production costs will decrease.
C. Employment will increase.
D. Wages will decrease.

suppose government spending was increased by 10 units and that this increase was financed by a 10 unit increase in taxes. Would equilibrium income change or remain the same as a result of these two policy actions? If equilibrium income changed in which direction would it move, and by how much

A farmer plans to harvest Maize on his own specific land. Discuss all the factors which he needs to harvest the whole season of crop. Also mentioned their reward, difference between economic profit and accounting profit, implicit and explicit cost and average cost also?

What effect will each of the following have on the demand for small automobiles such as the
Mini-Cooper and Smart car? Write down the mechanism and also plot the graphs for each
case if necessary.
a. The price of small automobiles substantially drops.
b. Big automobiles become less fashionable
c. The price of small automobiles rises (with the price of big autos remaining the same).
d. Income increases and small autos are normal good.
e. Consumers anticipate that the price of small autos will not change in the near future.

Q = 30L^(0⋅85) K^0.20
Where, Q = number of plastic holders produced per day
K = units of capital input per day
L = labour input in working hours per day

Assuming K = 1,000 and L = 100, calculate both the average and marginal products of
Q = 50K^(0⋅6) L^0.5

The firm currently employs 20 units of capital at cost of RM75 per unit and 25 units of labour at a cost of RM50 per unit

A) Based on the current inputs used, compute the level of output

B) Compute the current total costs

C) Given the current input usage, is the first operation efficiently?

D) Derive the equation path equation

E ) Does the production function exhibits increasing, constant or decreasing returns to scale? Explain.

F) Determine the percentage increase in output if both labour and capital are each increased by 15%

The price elasticity of demand for chicken is estimated to be -0.45. If the price of chicken
Increased by 08 percent, what will be the expected percentage decrease in the quantity of
chicken sold.

If bishesh's budget line has intercepts 20X and 30Y and Py is rs 10. What is his income ? What is Px ? What is the slope of the budget line?

Using the Pareto criterion for social welfare improvements, as well as the strength and weaknesses of the criteria, critically discuss the following scenario. Consider a family of two people who own a goat. The goat has no economic uses (e.g. it does not provide milk for the family and it cannot be sold). Consider this to be the status quo and that the goat can either be kept alive or slaughtered and eaten. Assume that the family members are both meat eaters. Would a decision to slaughter and eat the goat be social welfare enhancing? Would this decision change if one of the family members is a vegetarian who does not eat meat for altruistic reasons while other family member is a meat eater?

Find a company you are familiar with and explain how its operation management functions?