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Which of the following directly influence the level of demand for exports?
1.The level of domestic national income
2.The level of domestic national income, and the level of national income in other countries
3.The level of domestic national income, and the exchange rate
4.The level of national income in other countries, and the exchange rate
5.The level of domestic national income, the level of national income in other countries, and the exchange rates
1.The level of domestic national income
2.The level of domestic national income, and the level of national income in other countries
3.The level of domestic national income, and the exchange rate
4.The level of national income in other countries, and the exchange rate
5.The level of domestic national income, the level of national income in other countries, and the exchange rates
Which of the following would not be expected to lead to an increase in consumption and why?
A. A fall in the cost of servicing debt
B. An increase in disposable income
C. An increase in income tax that affects disposable income
D. A rise in expectations of future income
E. A loosening of credit restrictions that allows consumption smoothing
A. A fall in the cost of servicing debt
B. An increase in disposable income
C. An increase in income tax that affects disposable income
D. A rise in expectations of future income
E. A loosening of credit restrictions that allows consumption smoothing
Explain how the theory of the Phillips curve can be used to explain why it is often thought that a low level of unemployment makes an inflationary outburst inevitable.
Economics
Consider a market served by duopolists. The market’s demand function is given
by D(p) = 3600 − 40p. The marginal cost for firms in this market is constant
at MC = 30, and firms have zero fixed costs. Here, we restrict our attention to
”one-shot” games.
(a) What price and quantity, p
m and Qm, would a monopolist set in
this market? What is its corresponding profit level, Πm?
by D(p) = 3600 − 40p. The marginal cost for firms in this market is constant
at MC = 30, and firms have zero fixed costs. Here, we restrict our attention to
”one-shot” games.
(a) What price and quantity, p
m and Qm, would a monopolist set in
this market? What is its corresponding profit level, Πm?
What is price rigidity in short with exam write
If investment demand falls and multiplier is strong how big is the fall in equilibrium output?
what are the positive and/or negative impact of Brexit on the aggregate demand of UK nowadays and when Brexit occurs.
what is the role of hyperbola in economics and basics???
The MacWend Drive-In has determined that demand for hamburgers is given by the following equation:
Q = 205.2 + 23.0A - 200.0PM + 100.0PC + 0.5I
(1.85) (2.64) (-5.61) (2.02) (4.25)
where Q is the number of hamburgers sold per month (in 1,000s), A is the advertising expenditures during the previous month (in $1,000), PM is the price of MacWend burgers (dollars), PC is the price of hamburgers of the company's major competitor (dollars), and I is income per capita in the surrounding community (in $1,000). The t-statistics for each coefficient is shown in parentheses below each coefficient.
(A)Are the signs of the individual coefficients consistent with predictions from economic theory? Explain.
(B). If A = $5,000, PM = $1, PC = $1.20, and I = $20,000, how many hamburgers will be demanded?
(C). What is the advertising elasticity at A = $5,000?
Q = 205.2 + 23.0A - 200.0PM + 100.0PC + 0.5I
(1.85) (2.64) (-5.61) (2.02) (4.25)
where Q is the number of hamburgers sold per month (in 1,000s), A is the advertising expenditures during the previous month (in $1,000), PM is the price of MacWend burgers (dollars), PC is the price of hamburgers of the company's major competitor (dollars), and I is income per capita in the surrounding community (in $1,000). The t-statistics for each coefficient is shown in parentheses below each coefficient.
(A)Are the signs of the individual coefficients consistent with predictions from economic theory? Explain.
(B). If A = $5,000, PM = $1, PC = $1.20, and I = $20,000, how many hamburgers will be demanded?
(C). What is the advertising elasticity at A = $5,000?
The arc advertising elasticity is 1.5 as advertising expenditures of Rs. 12 Lakhs, what will demand be at an advertising expenditure of Rs. 10 lakhs?
