If a country decides to have a UBI (Universal Basic Income) policy, what are some ways using which the government can generate money and resources to pay for UBI?

Q: The most frequent argument used to support trade barriers is that they O protect domestic jobs O…

A: Trade barriers refer to policies such as import tariffs and quotas.

Q: 100 For the demand function q = D(x) = find the following. X a) The elasticity b) The elasticity at…

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Q: Refer to Figure 15-10. In the figure above, suppose the economy is initially at point A. The…

A: Short-run equilibrium in the economy occurs at the intersection of SRAS and AD.  The potential level…

Q: How is the LRAC derived? Selected answer will be automatically saved. For keyboard navigation, press…

A: In the long run, all inputs are variables. Firm can increase quantities of both inputs. However, in…

Q: Which of the following is a challenge of government setting a price floor? Which of the following…

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Q: In monopolistically competitive industries, the amount of variety in products is the same as in…

A: A market system with a lot of product sellers is known as monopolistic competition. The market's…

Q: Use the information for the question(s) below. The semiannual, 8-year bonds of Alto Music are…

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Q: 1. Complete the Table: Capital (K) Labor (L) Total Product Average Product Marginal Product (TP) 10…

A: MPL (Marginal product of labor) : It is the change in the total product due to the addition of 1…

Q: 2. According to Tobin's model of speculative money demand, an increase in de- fault risk on bonds…

A: People holding money in anticipation that bond yields will increase will be an example of…

Q: 2) In a market for good Q, Mary, Juan, Felix, Joe and Harriet have a maximum willingness to pay of…

A: The aim of every consumer is to maximize the utility. Utility refers to the satisfaction attained…

Q: Find the subgame perfect outcomes for the game described in question 4. Which of these outcomes is…

A: A Bimatrix game in game theory is a two-person simultaneous game in which each player has a finite…

Q: ssume an economy at a steady-state unemployment rate with a separation rate of 0.20 per year, a job…

A: The unemployment rate is the proportion of workers in the labour force who are unemployed but…

Q: 7. If the reserve ratio is 10%, the deposit multiplier is 8. If the reserve ratio is 10% and the…

A: The deposit multiplier also known as the deposit multiplier ratio refers to an inverse of the…

Q: State of Economy Probability T-Bills Phillips Pay-up Rubber-Made Market index Recession 0.2…

A: Given, State of the economy Probability T-Bills Philips Pay-up Rubber-Made Market Index…

Q: What is the future of central bank frameworks ?

A: A financial organization known as a central bank has exclusive authority over the production and…

Q: In the table below, state what would be the impact on the MPE and the Multiplier if there is an…

A: Marginal Propensity to earn (MPE) measures the reduction in the earned income of a consumer and is…

Q: A company makes a laser product. The product is well made, but is expensive to manufacture. As…

A: Expected payoff : If the firm gets a payoff of A with probability p1 and gets a payoff of B with…

Q: You see the following rates for NZD (New Zealand dollars) versus  AUD (Australian dollars) in the…

A: Covered Interest Arbitrage :   Borrow NZD 1 million @ 3% 6 months NZD interest rate. At the end of…

Q: Q3: Wouldn't it be ($1,000)(0.01) = 10 unit decrease in Toyota demand? Average family income is…

A: Change in quantity due to change in any variable is calculated by differentiating the quantity with…

Q: A feasibility study involves ______.   a. the creation of detailed financial projections and cash…

A: A feasibility study's main purpose is to help the entrepreneur make a decision to go for a project…

Q: 1. Bob and Alice have strategies "Run" and "Stop" in a game. If both of them run, they both get the…

A: Given information There are 2 players: Bob and Alice Strategy: Run and Stop   A dominant strategy is…

Q: Consider the following two lotteries: L4: 50% chance of winning £1,000, 50% chance of winning…

A: A person is risk neutral if he/she considers only the Expected Value of lottery ticket. Risk averse…

Q: Explain the two causes of inflation.

A: Inflation refers to a huge or a broad increase in price or an increase in the cost of living.…

Q: Stretch Problems Problem 4 Based on the graph below, explain what would happen to the optimal level…

A: For the above provided graph - Blue  curve which is downward sloping represents the marginal cost…

Q: Calculate the real GDP for 2011, 2012 and 2013. Also the growth rate in real GDP for 2012 and 2013.

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Q: Complete the following table with the action each firm will take at this permit price, the amount of…

A: In economics, we make the assumption that any transaction involving two people must be true or it…

Q: A young engineer is considering establishing his own small company. An investment of P400,000 will…

A: A rate of return refers to the net gain or the loss of an investment over a certain time period…

Q: Could I have a graphical representation of question c?

A: In this case, we have to know the term private savings, public savings and national savings. Private…

Q: Consider a two-stage game of complete but imperfect information where players 1 and 2 simultaneously…

A: Imperfect Information Game is defined as a game where the information regarding the game is hidden…

Q: How does poverty and inequality affect the economy of the Philippines?

A: Introduction The Philippines is primarily considered a newly industrialized.  country, which has an…

Q: Consider a pure exchange economy with two goods, r and y, and two consumers, 1 and 2. The consumers'…

A: For pareto efficient allocation Marginal Rate of Substitution of consumer 1(MRS1)=Marginal Rate of…

Q: Tariff O people who favor few or no trade restrictions O people who favor trade barriers that…

A: Tariffs are one of the tax forms that government imposes on goods and services.

Q: TC= 200+ 0.2Q +0.02Q² MIC=0.2 + 0.04Q Find the profit (or loss) if the market price is $2.

A: A perfectly competitive market is the market in which there are large number of buyers and sellers…

Q: Especially in light of the COVID 19 epidemic, it is important to identify the most important…

A: Introduction:   Due to school cancellations in response to the current COVID-19 outbreak, kids from…

Q: (a) What are the characteristics of a perfectly competitive market? (b) What are the characteristics…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first three questions for…

Q: Discuss, any three forms of non-tariff trade restrictions that government officials impose to limit…

A: The term "trade restrictions" refers to the numerous policy tools the government uses to limit the…

Q: There was an example of having a hedge fund with 100 million dollars. If you insured a one billion…

A: A leverage ratio helps the company to assess its ability to meet its financial obligations. The…

Q: What are the barometers that the National Bureau of Economic Research’s Business Cycle Dating…

A: Business cycle refers to the fluctuation in the economic activities over a period of time.  The…

Q: Two bidders compete in a sealed-bid auction for a single indivisible object. For each bidder i, the…

A: In the sealed-bid auction, when bidders place their bids without being aware of the other…

Q: □ A firm hires two people and output increases by 20 units. The firm adds one more person and output…

A: Marginal value is the value derived from the additional unit of variable.  Marginal product of labor…

Q: Pritta Consulting is a firm of consultants which operates in Argentina. An analysis of its monthly…

A: Firms incur costs of two types, one fixed and the other variable. Fixed costs are incurred…

Q: Calculate the growth rate in real GDP for 2012. (using 1 decimal place Calculate the growth rate in…

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Q: Two firms compete in a market with differentiated goods. If firms 1 and 2 choose quantities 91 and…

A: To derive the pure strategy Nash equilibria when both firms choose output simultaneously is found…

Q: In each of the following cases, classify the person as cyclically unemployed, structurally…

A: The portion of overall unemployment that is specifically caused by cycles of economic expansion and…

Q: Consider the hypothetical economy depicted on the graph. Initially, the economy operates below…

A: demand-pull inflation alludes to inflation in the economy brought by consumer demand wherein total…

Q: Q4: For the following data, define, the mean, median and mode, and calculate the significant sample…

A: Sample Size (denoted as n) is the number of items selected from the population as a whole to get the…

Q: why is Universal Basic Income not inflationary?

A: Inflation is the rate at which prices rise over a given time period. Inflation is typically defined…

Q: The following table shows a money demand schedule, which is the quantity of money demanded at…

A: Equilibrium in the money is reached where quantity of money demanded is equal to quantity of money…

Q: If the slope of the total productivity line is decreasing as output increases, what does that say…

A: Marginal product is the increase in units if goods due to the additional unit of worker.    Marginal…

Q: Given the following aggregate production function: Y = K0.25 (AL) 0.75, where technology A grows at…

A: Steady State equation - sy = (g + n +d )k        (Taking delta as d )  Where , g = growth rate of…