In the writings of Karl Marx, the bourgeoisie referred to the proletariat referred to the Ocolonialists; nobility. business owners; working class. government planners; tax collectors. unskilled workers; entrepreneurs. and the
Q: If the largest two firms in the textbook industry merged, their new total market share would equal…
A: FTC stands for Federal Trade Commission. When the FTC was concocted in 1914, its objective was to…
Q: Which research method below is not quantitative? A fMRI B Conjoint analysis C Eye…
A: Quantitative research methods focus on objective measurements and statistical, mathematical, or…
Q: Hand written plz If a country switches from a flexible exchange rate regime to a fixed exchange rate…
A: Monetary policy has assumed several guises over the years. As it may appear, balancing inflation and…
Q: DEMAND Describe the determinants of demand. Why are they important?
A: Demand refers to the total amount of commodity that individuals demand from a marketplace and give…
Q: define the terms of trade?what is principle of comparetive advantage
A:
Q: Section A: Instruction: This section is mandatory and contains only one question. Question 1: There…
A: Answer -
Q: If the government exogenously increases its government purchases, then what would happen to the…
A: The loanable fund's principle is a hypothesis of the market financing cost. As per this methodology,…
Q: Problem 3. The demand function for a particular product is √50-p². Find out if the demand is elastic…
A: The demand function is: Q = a - bP The formula for elasticity is given by: e = dQdP x PQ
Q: Let total reserves are equal to $500 and total checkable bank deposits are equal to $2,000. Also,…
A: The given reserves in the questions are $500 and bank deposits are $2000. While the reserve ratio…
Q: 30. Which of the following is the highest part of Maslow's Hierarchy of Needs? physiological needs…
A: Maslow’s theory has stated that human needs can be arranged in a hierarchy.
Q: Suppose the demand for shoes is given by: Qp= 210-2P. The supply of shoes is given by Q = 9P-120.…
A: Economic surplus refers to two related quantities: consumer surplus and producer surplus. The…
Q: Initial project set-up costs are estimated to be SEK15m (year 0 - 2023). Further estimated operating…
A: Taking into consideration the increase in costs at their respective rates we get - YEAR OC…
Q: 1. Tim has borrowed money from Lisa and proposed to pay back the money in two payments. Tim…
A: Interest that is computed on the principle amount of a loan or the first deposit made to a savings…
Q: (b). Which of the following is not a result of expansionary Open Market Operations? O a. Increase…
A: Open Market Operations and Interest Rates Contractionary policies necessitate central banks to sell…
Q: Instructions: Round your answers to 2 decimal places. If you are entering any negative numbers be…
A: CPI measures the cost of market basket of goods and services, consumed by an average consumer.
Q: Explain what you understand partial equilibrium analysis to be. Describe what the term "labour…
A: Partial equilibrium investigation looks at the impacts of strategy activity just for each great in…
Q: Consider the game in the table below. Does Firm A have a strictly dominant strategy? Enter 111 for…
A: Answer: Strictly dominant strategy: a strictly dominant strategy always pays a greater payoff to a…
Q: NX-500-500e r=r*=5 Suppose the world interest rate drop from r=5 to 2percent (assume government…
A: The exchange rate at which the demand for a currency and supply of the same currency are equal. The…
Q: Let's assume that the table below represents the market shares for the smart phone market. Firm…
A: Ans. The four-firm concentration ratio (CR4) is the measure of the degree of the concentration of…
Q: Market price before tax was $1. After the tax, the price paid by buyers rose to $1.20 and the price…
A: Elasticity = % Change in Q / % Change in P
Q: the following data for a country: Category ulation n under 16 years of age or institutionalized por…
A: Given that, Total population: 500 million Institutionalised: 120 million Not in labour force: 140…
Q: Suppose the annual interest rate in Australia is 1.5% and the interest rate in the United States is…
A: a). Interest Rates and forex rates: When a central bank increases the cash rate, all the other…
Q: Automobiles Computers…
A: According to the question, it is given that : Automobiles Computers USA 20 15 Germany 15 5…
Q: 2. With lower fuel costs, an airline lowered its average traveling cost from $1.50 to $1 per…
A: Given : change in price from $1.50 to $1 per passenger mile. Change in number of passengers : 400…
Q: Question #2: 2) Your company purchases a new CNC machine for $100,000 today (beginning Year 0). In 8…
A: To find the total cost per part we need to find aggregate annual cost of the CNC machine . Initial…
Q: What is the size of the out of the labor force population in an economy that the number of employed…
A: Here, given information is: Number of employed: 30 million Number of unemployed: 4 million The…
Q: J 7 What is the ordinary simple interest on 7000 for 8 mos and 15 days if the rate of interest is…
A:
Q: You are a CEO of a firm that is a natural monopoly in the electric supply sector with costs and…
A: A natural monopoly is a monopoly in which the main producer in an industry, generally the first…
Q: Consider two countries, A and B. In 2020, Country A experienced a real output growth of 3% per year,…
A: Real output growth represents output growth in respect of inflation and is a true measure of output…
Q: Question #2: 2) Your company purchases a new CNC machine for $100,000 today (beginning Year 0). In 8…
A: To find the total cost per part we need to find aggregate annual cost of the CNC machine . Initial…
Q: Table 1.2 Price per Quantity Demanded Unit $5 320 $10 260 $15 200 $20 140 $25 100 $30 50 $35 10 In…
A: We have quantity demanded and supplied for different level of price.
Q: What is the interest due on 200000pesos for 5 years and 3 months if it bears 14% ordmary simple…
A: Simple interest refers to the interest that is paid on principal. Principal gets converted to an…
Q: complete. The managers expected that the new camcorder would bring 28 billion yen in additional…
A: This is MCQ question
Q: Consider an economy with three people and two goods: private good (x) and public good (y). Suppose…
A: Answer - Public Goods :- Public goods which are non-rivalious and non-exhaustive in nature and…
Q: Calculate price index number of the year 1996 with 1986 as base year from the following data by…
A: Formulas: Laspeyre's price index number, PL01=ΣP1Q1ΣP0Q0×100 Paasche's price index number,…
Q: If the economy of a country can be summarized to the following events on a given year. Price per…
A: GDP (Gross Domestic Product): It refers to the gross domestic income of the society. The increase…
Q: Suppose a firm is producing 100 units of output, incurring a total cost of $10,000 and total…
A: A producer's monetary and non-monetary expenditures on factor and non-factor inputs are referred to…
Q: Confidential 5. In a small open economy, desired national saving, Sd = $10B + $100B X desired…
A: A small open economy, truncated to SOE, is an economy that partakes in global exchange, however, it…
Q: Answer this question please What is the difference between the Keynesian and rational…
A: Fiscal policy and monetary coverage are called financial stabilization rules that regularly cross…
Q: How is diversity in China similar or different from diversity in the United States?
A: A Fresh Look at China's Diverse Cultures defines diversity as "the existence in a group or…
Q: Suppose an economist develops an international trade model based on the assumption that there are…
A: The Ricardian model shows the likelihood that industry in a created country could contend with…
Q: J 7 According to the chapter in The Handbook on the Economics of Sport, what difference would it…
A: Profit-maximizer The team that is a profit-maximizer focuses more on the profit rather than the…
Q: Question 3 A company produces three products which must be processed through three departments. The…
A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…
Q: If Australia has a current account deficit, then: Select one: O a. both B and C apply. O b. we must…
A: A current account is an account that records all of the transactions that occur in relation to the…
Q: The difference between economic profit and accounting profit is that economic profit is calculated…
A: An explicit cost is the clearly stated costs that a business incurs. For example, employee wages,…
Q: Which type of unemployment is not included in the natural unemployment rate? Why? Which phase of the…
A: The natural rate of unemployment refers to the unemployment that stays in a healthy and growing…
Q: In Vacanada, the monetary base is $20 billion, total desired bank reserves are $1 billion, and total…
A: Values given are:- Monetary base = 20 billion Total desired bank reserves = 1 billion Total bank…
Q: company is considering buying a cnc machine. in todays dollars the maintenance cost for the machine(…
A: In the given question company is going to purchase a machine. It has service life of 5 years.…
Q: Question #1: 1.) A statue in central campus is said to have infinite life. However, due to inclement…
A: Capitalized cost is defined as the present worth of a constant annual cost over an infinite analysis…
Q: On August 8, 2000, Zimbabwe changed the value of the Zimbabwe dollar from Z$38∕US$ to Z$50∕US$.…
A: The exchange rate is the rate at which one currency is exchanged with the other. We have been given…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Consider two groups of workers of equal skill level and experience: those who collect garbage and those who stuff envelopes with campaign fliers. Which group is likely to be paid more and why.Whom do Marx and Engels portray as the previous enemies of the bourgeoisie? How did bourgeois economic development and dominance lead to a society based on the “cash nexus”? Why is the bourgeoisie responsible for the emergence of the proletariat? Why is the victory of the proletariat inevitable?Define macroeconismics, microeconomics, compare and contrast the areas. What questions do both areas of study ask?In terms of production, prices, income and employment.
- The gig economy offers the total availability of employment and labor in the economy. Flexible, short-term, and independent jobs. An economic system in which assets or services are shared between individuals. The migration of workers to high-tech jobs.Robert Gordon proposes that unemployment fell in the 1940s because structural barriers to expanding output and employment disappeared after the Federal government massively increased spending on military goods in this period President Truman moved away from policies implemented by President Roosevelt property rights were strengthened following the end of the New Deal unionization of the workforce declined after President Roosevelt's death.U.S. firms have greater power than firms in other Western democracies over which of the following? Group of answer choices wages and working conditions stock market fluctuations interest rates bond market rates greenhouse gas emission
- In a country called Uncle Sam Land (USL), the labor demand curve is given by: W = K - 4L Where W is the wage rate, K is a variable determined by accumulated capital stock in the country, and L is the labor force in the country. K = 500 is supplied by the capitalists in USL. Next to USL, is Aunt Lewis Land (ALL). ALL is poor and has a Dual Economy. A large numbers of workers in the agricultural sector there are not productive - they are disguised unemployed. They are looking for jobs. Wage in ALL is institutionally fixed at W = 10. Although USL had built a strong impenetrable border wall to prevent ALL migrants from moving in, a firm in USL, called "Coyote International," was able to fly over the impenetrable wall in a helicopter and bring job seekers from ALL who wanted to migrate to USL. As a result of this, USL labor force increases to 110 (L = 110 now). All workers work no matter what the wage is. What is the new national income in USL after migration takes place? O 6242 45000…True or False and explain why. In the labour market, it is assumed that workers are attempting to maximize their utility in monetary terms only.Workers who are part of the ______ economy in most cases are subject to lower wages and minimal benefits.
- According to Rushkoff (2009), both merchantilism and corporatism favour: A. The least qualified, generalizable workforce B. Qualified workers with special skills C. The individuality of workers D. A workforce with different categories of specialized workersThe labor force is made up of all people who are at least 16 years old and are capable of working. TRUE OR FALSE?Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply. The wage of manufacturing workers will fall. The demand for manufacturing workers will remain unchanged. The supply of manufacturing workers will increase. Some manufacturing workers will become unemployed. Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers, which is not unionized? Check all that apply The wage of service workers will fall. The supply of service workers will remain unchanged. The demand for service workers will remain unchanged. There will be an increase in employment in the service sector.