411 Answered Questions for the topic macroeconomics
04/27/22
What characterises the point of maximum on a Total Revenue graph?
What characterises the point of maximum on a Total Revenue graph? (a) the point where the second derivative is positive (b) the point where the gradient is parallel to the vertical (upright) axis...
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04/26/22
How to find the amount of excess reserves a bank holds
How can I figure out how much excess reserves this bank holds with the given balance sheet? I understand that the you have to subtract the required reserves from the reserves held to get the excess...
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04/25/22
The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions.
The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions.
A) Holding everything else constant, if the...
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04/08/22
True or False? Why?
State whether the following statements is TRUE OR FALSE.
The market demand schedule shows how quantity demanded will change when the price changes.
An explosion which destroys a fireworks factory...
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04/08/22
Buyer, Seller, or Both?
For each of the following markets, say whether the person participates as a buyer, seller or both
a. A family eating at a restaurant
b. A person getting a haircut
c. A cook...
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03/26/22
Draw and label a graph that depicts a downward-sloping demand curve and an upward-sloping supply curve in the market for corn...
(Read the article: Soybean Prices Surge as South American Outlook Deteriorates)Draw and label a graph that depicts a downward-sloping demand curve and an upward-sloping supply curve in the market...
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Macroeconomics
03/17/22
True or false? At businessman Adams CD production plant, average fixed cost per cd is $1.1 and average total cost are 2.88. adams average variable cost must be 1.7 per cd
03/09/22
question about bid-ask spread, what do you think?
Bank Z receives U$1,000 in deposits from Tom and promises to pay him U$1,100 after one year. With this money, the bank will lend U$10 to another 100 people at a rate je, such that each of these 100...
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purchasing power
If only salary increases by 20%, purchasing Power will also increase by 20%. However, if inflation increases prices by 20%, Purchasing Power does not decrease by 10%, but by 16.6…% (given that...
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03/09/22
game theory at a high school level, tysm to whomever helps me!!
Peter, while studying game theory, came across a game where a couple of rational agents find a machine that delivers three coins to one of them when the other deposits a coin into it. So each agent...
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cool question about interest rates
Rob has the opportunity to invest in two different Project Finance projects. The first project is a railroad that will pay monthly interest of $100.00 for 3 years, with a one-year grace period...
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03/06/22
percentages - price increase of products
A merchant sells a box of goods for $100.00. If he raises all the prices of the products in the box by 20%, what happens to the total value of the box?a) Remains the sameb) Increases 20%c)...
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03/06/22
Basic math question about compounded interest
Bank A provides a curious financial instrument: a savings account that yields a complex interest rate r = -1 + 2i per year (where i is the imaginary unit, satisfying i² = -1). John deposited U$1 in...
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Macroeconomics Economics
03/02/22
A fundamental feature of nineteenth century classical theory is that
A fundamental feature of nineteenth century classical theory is thatA, A fundamental feature of century classical theory is that saving and investment unequalB, prices of inputs and outputs usually...
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Macroeconomics
02/28/22
Suppose consumer spending increases by 10 billion dollars. If the MPC=.75, what is the total impact of the multiplier effect on the economy?
Macroeconomics
02/19/22
Assume the two islands experience constant opportunity costs in the production of the two products.
Coconuts (in tons)
Mangoes (in tons)
Zeetopia
50
60
Freshland
50
30
a. Draw a correctly labeled graph illustrating Zeetopia’s and Freshland’s production possibilities, showing coconuts on...
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02/18/22
Labor Economics
Draw a budget constraint for someone who has a potential job that pays $12 per hour, but in order to work, they have to commute 2 hours each day. Q. Assume that the individual has $500 in...
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Macroeconomics
02/09/22
Determine the correct type of unemployment, or if they’re not unemployed, for each of the following.
1.Reduced consumer spending across the economy causes people in manyindustries to lose their jobs.2.Grocery clerks lose their jobs and are replaced by self-serve checkout stations.3.Linda is a...
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Macroeconomics
02/09/22
For the following, determine whether or not it counts in the U.S. GDP for 2014. If so, determine which category it belongs in. If not, write why it doesn’t count in GDP.
1. Social Security payments to a retired factory worker.2. A new car purchased by Alamo Rent-A-Car to be rented to customers.3. A driver rents a car from Kramerica Rent-A-Car.4. The purchase of...
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Macroeconomics
02/01/22
Using straightforward economic analysis (productivity, scarcity of resources, opportunity cost, etc.) explain how technological change can impact economic growth.
02/01/22
Hi can anyone please help me it has to do with economic?
Scenario # 5 Newfoundland Newfoundland, Canada’s tenth province, occupies the easternmost part of North America. The extensive fishing grounds, lying off the coast, are the reason why Newfoundland...
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01/30/22
The demand and supply schedules for chewing gum are:
Price Quantity demanded Quantity supplied (dollar per pack) (millions of packs a week) (millions of packs a week) ...
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Macroeconomics
01/29/22
There are four components that we use to measure GDP: consumption, investment, government spending and net exports. Which of these is always negative in the U.S. economy?
a. Consumptionb. Investmentc. Government Spendingd. Net Exports
Macroeconomics
01/26/22
Tsunamis destroy factories in Japan, increasing the price of Japanese-made goods.
Draw correctly labeled side-by-side graphs for the British pound and the Japanese yen showing how the increasing price of goods in Japan will affect the 2 countries’ currencies. What is the effect...
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Macroeconomics
01/16/22
Dynamic Growth Rate Model
Question- Download the U.S. Gross Domestic Product time series and comment on the dynamics of growth rates in recessions versus expansions. Follow the NBER dating of recessions from 1955 to date....
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