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government-imposed price supports are most often associated with
Compute the equilibrium interest rate (do NOT type the solution as a percent) in the closed IS-LM model economy when G = 100, autonomous investment IA = 50, M = 100, c = 0.5, the interest rate coefficient b = 0.1, parameters in the money demand function k = 1 and h = 2
difference between trade deficit and foreign debt.
Suppose an investor could get a 3% rate of return with no risk, but higher returns require more risk at a constant rate. Draw an investor opportunity schedule and show where a person might maximize utility. Does a person accept some risk?
Allison and Josh are partners in a business. Allison’s capital is $60,000, and Josh’s capital is $100,000. Profits for the year are $80,000. They agree to share profits and losses as follows:
Allison Josh
Salaries $20,000 $40,000
Interest on capital 10% 10%
Remaining profits and losses 3/5 2/5
Allison’s share of the profits before paying salaries and interest on capital is:
Allison Josh
Salaries $20,000 $40,000
Interest on capital 10% 10%
Remaining profits and losses 3/5 2/5
Allison’s share of the profits before paying salaries and interest on capital is:
Economics
"Economics is inrelevant in the world of abandance "discuss the visibility of the above statement?
In the Keynesian cross model ...
(a) an increase of the marginal propensity to save lowers the slope of the AE curve. (b) an increase of the marginal propensity to save shifts the AE curve downwards. (c) an increase of the marginal propensity to save lowers the income multiplier.
(d) the income multiplier cannot be negative.
(e) the paradox of thrift can occur because the output is determined by demand.
(a) an increase of the marginal propensity to save lowers the slope of the AE curve. (b) an increase of the marginal propensity to save shifts the AE curve downwards. (c) an increase of the marginal propensity to save lowers the income multiplier.
(d) the income multiplier cannot be negative.
(e) the paradox of thrift can occur because the output is determined by demand.
In the Keynesian cross model ...
(a) income always equals GDP.
(b) actual expenditure always equals GDP.
(c) planned expenditure always equals GDP.
(d) actual expenditure does not necessarily equals GDP.
(a) income always equals GDP.
(b) actual expenditure always equals GDP.
(c) planned expenditure always equals GDP.
(d) actual expenditure does not necessarily equals GDP.
The cost to the community is estimated to be $6 per person. What kind of externality is this? Why?
Graphthe market for water park business, labeling the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output.
What is the per-unit amount of the externality?
You know that the water park will have events in the evening. This will increase both foot traffic and street traffic at night. You believe this will improve the safety of the surrounding businesses, with an estimated benefit of $3 per water park attendee. What kind of externality is this? Why?
Create a new graph illustrating the market for water park business for these two externalities. Label the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output.
What is the per-unit amount of both externalities?
Discuss both government and private solutions that would result in an efficient outcome.
Graphthe market for water park business, labeling the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output.
What is the per-unit amount of the externality?
You know that the water park will have events in the evening. This will increase both foot traffic and street traffic at night. You believe this will improve the safety of the surrounding businesses, with an estimated benefit of $3 per water park attendee. What kind of externality is this? Why?
Create a new graph illustrating the market for water park business for these two externalities. Label the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output.
What is the per-unit amount of both externalities?
Discuss both government and private solutions that would result in an efficient outcome.
If I am in the industry of assembling double-decker bus, does it mean that the industry players are those who assemble double-decker bus also or it includes those who assemble single-decker bus, the bus operators, the suppliers or even those who manufacturing other vehicles other than bus?
