411 Answered Questions for the topic macroeconomics

Macroeconomics Math English Calculus

02/17/23

Indifference curves and budget constraints

Derive a demand curve for a product by showing (drawing a graph) what happens as the price of a good falls. Prove that indifference curves cannot cross. Graph the income and substitution effects... more
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Macroeconomics Math English Calculus

02/17/23

This question drags on quite a bit. Can someone please help me solve it?

Demand for a good is given by Qd=500-30P1+20P2+5I, and P1=2, P2=2, and I=100. P is price, q is quantity, and I is income. Calculate the quantity demanded. Is this a normal good? Is good 2 a... more
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Macroeconomics Math English Calculus

02/17/23

I am having a difficult time answering this question and have been stuck on it for almost 2 weeks now.
The manufacturers of Mark Dares handguns notice that when the price of 9mm ammo falls from $20 per box to $15 per box that sales of the Dares 17 rise from 10000 to 12000 units. What is cross... more
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Macroeconomics Math English Calculus

02/17/23

Suppose the supply of apartments is given by Qs=500+75(P), and demand by Qd=10000-25(P).
What is the equilibrium price and quantity? Suppose a controlled rent of $80 per unit is set. What is the new supply of apartments and what is the shortage/surplus?
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Macroeconomics

02/04/23

Illustrating Government Budgets

A government starts off with a total debt of $5.5 billion. In year one, the government runs a deficit of $600 million. In year two, the government runs a deficit of $1.5 billion. In year three, the... more
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Macroeconomics

02/04/23

Aggregate Demand
The following chart shows data on aggregate supply, aggregate demand, and the price level for the fictional country of Westobia. PRICE LEVEL: 220 AD: 640 AS: 540: PRICE LEVEL: 230AD: 630AS:... more
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Macroeconomics

02/02/23

The table below presents labor market data for three countries. All population values are in millions.

The table below presents labor market data for three countries. All population values are in millions. Country Working-age pop Labor force Employed Unemp Unemp rate (%) Labor-force parti rate... more
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Macroeconomics Math English Business

02/01/23

I asked this question 3 times and got different answers from different tutors. Can someone please explain this?
Find equilibrium price and quantity? How to find new quantity, price and Incidence of taxation on consumers if a 1 dollar lump sum tax is levied on suppliers?Quantity demanded=-20P+100Quantity... more
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Macroeconomics Math English Microeconomics

01/28/23

Quantity demanded=-20P+100 Quantity Supplied=50+10P
A lump sum tax of $1 is levied on suppliers. Find new price, quantity and incidence of taxation on consumers?
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Macroeconomics Math English Microeconomics

01/27/23

Qd=100-20P and Qs=10P+50. Use this to answer the following:
Find equilibrium price and quantity? How to find new quantity, price and Incidence of taxation on consumers if a 1 dollar lump sum tax is levied on suppliers?
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Macroeconomics Math English Microeconomics

01/27/23

Draw an initial consumer equilibrium. Assume the price of one good changes and identity the income and substitution effect graphically.
Using the initial value at equilibrium, how do you calculate the point elasticity of demand?
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Macroeconomics English Microeconomics

01/27/23

Explain how a demand curve in a market is derived from individual demand curves by deriving a demand curve for a consumer?
What does this question mean and how do I solve it?
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Macroeconomics Math Microeconomics

01/27/23

Find equilibrium price and quantity? How to find new quantity, price and Incidence of taxation on consumers if a 1 dollar lump sum tax is levied on suppliers?
Quantity demanded=-20P+100 Quantity Supplied=50+10PI calculated price to be 5/3 and Q as 66.67, but can’t figure out the final part.
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Macroeconomics Finance Microeconomics

01/24/23

The Fed and the Stock Market
How does the Fed influence the stock market?
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Macroeconomics

12/23/22

What is the difference between demand and quantity demanded?
Demand is not the same concept as the amount demanded.
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Macroeconomics Math Sat Math Mathematica

12/14/22

Help Much Appreciated Analyse and explanations
A housing estate has 100 residents who are concerned about security. The accompanying table gives the total cost of hiring a 24-hour security service as well as each individual resident’s total... more
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Macroeconomics Math Sat Math Elementary Math

12/13/22

Need Help Please To Answer These True or False Worded Questions
You are watching a news report with a friend. The news reader points out that a certain troubled pacific nation generates a RGDP per capita of only $500 (AUS) per year. Since your friend knows that... more
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Macroeconomics Math Sat Math Elementary Math

12/09/22

Need Help Please To Answer These Questions
Consider a competitive industry where all firms are identical and each has the following costs. Output Total Cost Marginal Cost Average Total Cost Average Variable... more
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12/09/22

Questions I am having difficulty understanding
Fred owns 10 hectares of farming land. He can farm the land himself producing a crop worth $240,000. The explicit costs involved are 60,000. His best alternative is to rent the land to his... more
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Macroeconomics Math Sat Math Mathematica

12/09/22

True or False Questions With Explanation Why The Answer Is So
1.Suppose that bushfires in North-West Victoria destroys many of the citrus farms. As a result, theprice of oranges rises from $0.40 to $0.80, the price of a tangelo rises from $1.20 to $2.00, and... more
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Macroeconomics

12/01/22

Production possibility frontier

The following table provides information about the production possibilities frontier of China. Food 0 100 200 300 400 500 Clothing 420 400 360 300 200 0 Plot and connect these points to create... more
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Macroeconomics

11/21/22

macroeconomics- classic aggregate supply
According to Classical Aggregate supply....Government wants to increase aggregate demand to reduce unemploymentwhat happens to output?what happens to unemployment?what happens to price level?I need... more
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Macroeconomics Science

11/19/22

Does this make sense? Is it true?
The average quantity of words, time, energy, and money anyone can save by speaking or writing concisely is 20%.By articulating concisely you can reduce sentences such as, “Never use a longer word... more
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Macroeconomics

11/13/22

introduction to macroeconomics
suppose you are a bank manager. Your bank has a required reserve ratio of 10% on demand deposits; initially, you have 10 million in loans on your balance sheet, and exactly 1,000,000 in demand... more
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Macroeconomics

10/28/22

Monetary policy can work to increase output, employment, and prices by:
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