Economics question and answers for July 03, 2023
- Q 11. A country has 50 million people, 30 million of whom areadults. Of the adults, 5 million are not interested in working,another 5 million are interested in working but have...
- Q Why would a company customize their promotionalstrategies/campaigns over standardizing the strategies/campaigns?Include examples.
- Q 1. The individual labor supply curve will be negatively slopedif the substitution effect of wages is:Group of answer choicesa) Weaker than the income effect of wages.b) Equal to the income...
- Q Would you worry about a trade deficit with one country? Why orwhy not? How would a trade deficit with the rest of the world bedifferent?
- Q During the late 1970s and the first part of the 1980s, the Fedseemed to react in a counterintuitive manner to the 1970s oilshocks. Explain the reasoning behind the Fed's policy...
- Q Additionally, this week's slides discuss the invention of the cellphone as a social force. Do you believe cell phones have a positiveor negative impact on society? Both? Why? Explain your
- Q . Suppose each ice cream truck has a marginal cost of $1.50 perice cream cone sold and no fixed cost. Suppose the maximum numberof ice cream cones sold by any...
- Q (American Government)What do you see as the biggest issue with bureaucracy, in itscurrent form?
- Q Examples of companies using technology effectively for their(global) marketing campaigns.
- Q (American Government)What do you see as the biggest issue with bureaucracy, in itscurrent form? What do you think would be more helpful in solvingthis problem? More political patronage or more...
- Q (American Government)How has the Internet made it easier to interact with, andinfluence, the bureaucracy?
- Q France and England both produce wine and cloth with constantopportunity costs. France can produce 150 barrels of wine if itproduces no cloth or 100 bolts of cloth if it produces...
- Q The recently passed Coronavirus Relief package increasedunemployment benefits by granting $600 a week (up to 4 months) toan unemployed individual, plus the normal unemployment benefit theywould be entitled to (max...
- Q The data in columns 1 and 2 in the table below are for a privateclosed economy.GDPA.E. Private Closed EconomyExportsImportsNet ExportsA.E. Private Open Economy20024020302502802030300320203035036020304004002030450440203050048020305505202030a. Use columns 1 and 2 to determine...
- Q Describe what production-related risks are? please explain indetail and please no handwriting. Thanks
- Q What is used as a “means of maintaining dollar values� Pleaseexplain in detail and pls no handwriting.thanks!
- Q Again, on March 27th, 2020, The Bank of Canada decreased itstarget for the overnight interest rate to 0.25 percent \"to providesupport to the Canadian financial system and the economy during...
- Q What are the four ways that human societies historically haveaddressed material provisioning? Explain each of them.
- Q This problem is about the market for peanut butter. Bad whetherand tornadoes in           Georgia greatly affected the peanut crop, and as a result themarket price of peanuts increased.2i.       Suppose the priceof...
- Q Illustrate and explain how the two fundamental theorems ofwelfare economics describe the relationship between competitivemarkets and Pareto efficiencyLooking for a proper solution with all relative diagramsincluded. I know what the...
- Q One former MSU student decided to open a lawn service andlandscaping company.          Duringthe first year, she paid rent of $5,000, wages to employees of$50,000, and $10,000          forsupplies (gas, oil, and...
- Q Suppose a public referendum is being held on whether or not tolevy a tax on cigarettes. Currently, the supply of cigarettes isgiven by Qs = -40 + 6P. You estimate...
- Q Keynes and the Neoclassicals1.  Does it make sense that wages would be stickydownwards but not upwards? Why or why not? (25 points)2.  Explain why the neoclassical economists believethat the government doesn't need...
- Q Imagine that you are the owner of a cookie factory. In yourfirst paragraph, provide examples of four production costs of yourcookie factory. Which costs are fixed costs? Which costs arevariable...
- Q The following table shows the market shares during the firstthree months of 2017 for companies in the US personal computer (PC)market:CompanyMarket ShareLenovo20%Hewlett-Packard20%Dell15%ASUS7%Apple7%ACER6%Others25%Treating “Others†as a single firm, how would the...
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