04/12/23

Assume the United States is operating above full employment.
Assume the United States is operating above full employment. Identify one fiscal policy tool that will solve the problem. Using a correctly drawn and labeled AD/AS graph and loanable funds graph,... more
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03/20/23

If the U.S. experiences an increase in exports, ceteris paribus, then
If the U.S. experiences an increase in exports, ceteris paribus, then A the U.S. dollar will appreciate because of increased supply of U.S. dollars by foreign nations. B the U.S. dollar will... more
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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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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... more
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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?
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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... more
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02/10/22

Homework help!!!
dale likes to consume both sweatshirts and jackets. the price of a sweatshirt is $15, while the price of a jacket is $60. if dale 's marginal benefit of another sweatshirt is $60, what must be the... more
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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... more
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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... more
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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) ... more
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11/23/21

opportunıty costs
You won a free ticket to see an Eric Clapton concert (which has no resale value). Bob Dylan is performing on the same night and is your most attractive alternative. Tickets to see Dylan cost $40,... more
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11/10/21

Ap economics question (can someone explain to this to me please? thanks <3)
Suppose the seventh carrot you consume provides a marginal utility of 3 utils and the eighth carrot provides a marginal utility of 2 utils. If you consume the eighth carrot your total utility... more
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11/08/21

ap economics question (can someone explain why? thanks)
Which of the following is the most likely to be a regressive tax?a) a sales tax on all goodsb) a tax of $1,000 per personc) a personal income tax of 25% on all incomed) a personal income tax of 15%... more
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11/08/21

ap econ question
An excise tax drives a wedge between the supply price and the demand price with a height equal to:a) the demand price of the good.b) the pre-tax price of the good.c) the total tax revenue collected... more
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11/08/21

ap micro econ question (can someone explain this to me?)
A second of which of the following is the most likely to provide more marginal utility than the first?a) mailboxb) t-shirtc) shoed) care) refrigerator
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11/06/21

Economic profit
Assume that marginal revenue equals rising marginal cost at 100 units of output. At this output level, a firm's average total cost is $11 and its total variable cost is $600. If the price of the... more
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11/01/21

Does Perfect Competitive Market have a deadweight loss?
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10/31/21

micro economics question
Suppose there is a decrease in the price of swimsuits and no change in the market demand curve for swimsuits. Who receives the resulting increase in consumer surplus?a) Buyers who did, and who did... more
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08/25/21

Economics 1 Test Question
A business offers its employees two options for health care coverage, Plan X and Plan Y. Plan X has a lower premium and a higher deductible than Plan Y. Who should choose Plan X for his or her... more
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06/14/21

if government considered the market price too high
if government considered the market price too high and passed a law setting the maximum price at $3, what would you expect to be likely result of this intervention?
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05/24/21

Question about labor fource
If employment is 20,000,000 and unemployment is 3,000,000 then the labour force is:?A)230,000,000B)17,000,000C)3%D)none of the other options
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05/06/21

The aggregate supply and aggregate demand model
The organization of petroleum exporting countries decide to restrict the production of oil causing an adverse supply shock. What happens to an importing country’s price level and income in the... more
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05/03/21

Differences between Classical Fiscal Policy and Keynesian Fiscal Policy?
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05/03/21

Macroeconomic Questions with fixed exchange rate system
Under a fixed exchange rate system (A)_________ would be an exogenous monetary policy instrument, whereas under a flexible exchange rate system (B) ______________ would be an endogenous... more
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04/28/21

Macroeconomics Answer Needed!
Using the macroeconomic model for a small open economy studied, analyze the impact of the following event on Canadian savings, investment, exchange rate and trade balance in the Canadian... more
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