Which of the following is not one of the Lources of imperfections in the labour mar O The existence of labor unions O Information asymmetries between workers a

Q: 4. A house & lot is offered for sale, the seller offers 3 methods of payments: a. P500,000in cash ...

A: Given the interest rate = 12% Monthly interest rate = 12%/12 = 1% Number of compounding periods = 4 ...

Q: Joe's income is $100 a day and he currently buys two goods: fresh fruit (F) and cheese (C). The pric...

A: Opportunity cost refers to decrease in quantity of one good needed to increase the quantity of other...

Q: What is the labor force participation rate?

A: Definition The labour force participation rate expresses the number of persons who work as a percent...

Q: 1. Suppose that currently the government provides everyone with a guaranteed income of $10,000 per y...

A: Guaranteed income by government = $10,000 Benefit level is reduced by $1 for each $1 of work income....

Q: What are the nonincome determinants of Consumption and Savings?

A: Consumption refers to the act of consuming goods and services to satisfy the wants. It is an importa...

Q: The table contains information about the nation of Syldavia. There are no income taxes or imports in...

A: Y = C+I+G In an closed economy the above formula can be used Y= National income or GDP C= Consumptio...

Q: Suppose the government borrows $20 million more next year than this year. a. Draw and fully label ...

A: All answers given below,

Q: 7. Product & Cost Curves: Numerical Cobb-Douglas Case > Continue with the general functions from the...

A:

Q: It costs 100, 000 pesos at the end of each year to maintain a certain portion of a highway. If money...

A: Given: The cost of maintaining a certain portion of a highway is = 100,000 pesos The money is worth ...

Q: Consider a generator who has a contract-for-difference with a consumer for a certain hour for 100 MW...

A: Profit is the difference between total revenue and total cost. The total revenue is the multiplicati...

Q: A survey is proposed to be conducted to know the annual earnings of the old Statistics graduates of ...

A:

Q: Consider the following two person game. Player 1 begins the game by choosing A or B. If Player 1 cho...

A: Given information 2 players ---> player 1 and Player 2 Player 1 plays 2 strategy----> A and B ...

Q: With a good example distinguish between Games of skill, Games of chance, and Games of strategy.

A: The practise of simulating the strategic interaction between two or more players in a system with es...

Q: Required information Graph A shows the market demand and supply in a perfectly competitive market. G...

A: A perfectly competitive firm is price taker which accepts the market price as given.

Q: If the goverment wants to raise tax revenue and shift most of the tax burden to the consumers, it wo...

A: Tax incidence measures the burden of tax shares between consumer and seller.  It depends on the pric...

Q: What are the basic dimensions of populationdevelopment?

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: How much money would you have to deposit for 20 consecutive periods starting 1 year from now if you ...

A: Money is the value that is used to buy or sell goods and services in an economy. Money is supplied o...

Q: Contrary to predictions, for-profit colleges and universities are more expensive than public institu...

A: Between 1980 and 2005, tuition at private colleges in the United States more than doubled in real te...

Q: he United States Supreme Court ha he rules that apply to speech carried public airwaves must be the ...

A: Some types of speech are not protected by the First Amendment in the United States. The United State...

Q: Consider the  same marginal revenue functions.  Suppose now that teams must share 40% of their reven...

A: as given in the question,. marginal functions are same, MRL = 125 - 125 WL MRS = 65 - 65 WS

Q: 2-1 On a loan for $25,000 to purchase a new car, what are the monthly payments at an annual interest...

A: Loan amount = $25,000 Interest rate = 6% for 4 years We need to calculate the Monthly payments

Q: .. Two firms compete in price in a market for infinite periods. In this market, there are N consumer...

A: 1 a)   In infinite repeated bertrañd game, both the firms will follow Grim trigger strategy: Set P=1...

Q: Economists use the neoclassical growth model to explain fluctuations in the business cycle because O...

A: The business cycle can be defined as the continuous changes in the phases of the business cycle, the...

Q: How does the concept of opportunity cost apply to personal decisions when you have limited income an...

A: Opportunity Cost : The opportunity cost is referred as a forgone benefit that would have been derive...

Q: 6. Consider Jake and Al again. They are considering going to Portugal or Sweden once the pandemic en...

A: Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there ...

Q: Social media has not been embraced by govermment leaders to discuss public policies and issue policy...

A: The role of social media has increased widely over a period of time to make community or society awa...

Q: Deposit insurance: O A) can increase the possibility of bank runs. B) often makes banks more account...

A: Answer: Deposit insurance: In the case of deposit insurance, the government insure a part or in full...

Q: A mortgage balance of $25,000 is to be repaid over a 10-year term by equal monthly payments at 5.6% ...

A: Introduction Mortgage balance = $ 25,000 Interest rate = 5.6% Time = 10 years a) Total number of pay...

Q: The demand curve for prepaid internet services is given by Pd = 80 – 0.2Q and the supply curve is gi...

A: Given, Demand, Pd = 80 – 0.2Q Supply, Ps = 20 + 0.2Q The graphical representation of the given suppl...

Q: Write a critique of the export base theory

A: Export Base Theory According to the export base theory, external demand for export industries' produ...

Q: men, in addition to himself, and operate the station on an 8-hour bas S0 weeks per year. He will pay...

A: We have, Investment = P500,000  City population = 400,000  Equipment = Wash average 12 cars/hour + t...

Q: Using the Ms-Md framework, state which curve shifts, in which direction, and what is the effect on t...

A: When expansionary monetary policy is taken then the supply of money increases and the money supply c...

Q: The X division of XYZ Company is currently operating at 60% capacity or 6,000 units. It produces a s...

A: Cost refers to the expenditure level incurred by the firm on its various operations. The cost can be...

Q: Consider a fictional price index, the College Student Price Index (CSPI), based on a typical college...

A: PLEASE FIND THE ANSWER BELOW.

Q: An increase in globalization has lead to an increase in pollution, and this is a problem because pol...

A: The cost or benefit that is being caused by a producer that is not being received or incurred financ...

Q: An existing robot can be kept if $2,000 is spent now to upgrade it for future service requirements. ...

A: Introduction Annual worth has calculated to check when we are using a particular machine then every ...

Q: In 2002, the price index was 162. In 2003, the price index was 182. The inflation rate between 2002 ...

A: In an economy, inflation takes place when the prices of goods and services increases. Inflation can ...

Q: 21. In the following graph, if the need for healthcare is high Wages N. cow) S. A B w, D. Quantity o...

A: Factors that affect the demand for healthcare are needs, patients preferences, income, transportatio...

Q: if the current interest rate is 5 percent, what will be the equilibrium interest rate if the money s...

A:

Q: b. Discretionary spending accounts for approximately of the federal budget, whereas mandatory two-th...

A: Discretionary spending refers to the government expenditure that is not pre-planned by the governmen...

Q: 4. (a) International trade makes all the consumers, the producers and the country better off. Why or...

A: Labor force refers to the sum of all the workers in a country at any point of time. It is the sum of...

Q: Utils, 8- 7- 6+ 5- TU 2 3 Which of the following characteristics of the total utility function is ex...

A: Total Utility is the overall amount of satisfaction receive by consumption of all the units of outpu...

Q: Two firms A and B compete in a Cournot duopoly environment. The (inverse) market demand curve is giv...

A: Answer: Given, Inverse market demand function: P=88-0.5QWhere,Q=QA+QB Total costs: TCA=8QATCB=8QB Le...

Q: The average salary of male employees in a firm was Dollar 5200 and that of females was Dollar 4,200....

A:

Q: Is it worth investing in a project that costs up to 600 million dollars across 11 years but is expec...

A: Discount rate refers to the rate or interest rate by which future values are discounted such that th...

Q: Consider the same marginal revenue functions. Suppose now that teams must share 40% of their revenue...

A:  The marginal revenue function is the subordinate of the all out revenue function r(x). here given t...

Q: Commodity 2001 price 2002 price Rice Cherries Market Basket Quantity 10 lbs. 5 Ibs. $1.00 $1.75 $1.1...

A: A consumer price index is calculated as a set of summary measures of the proportional change in the ...

Q: Suppose that in the next few years Saudi Arabia oil production increases significantly. a. How will ...

A: Terms of trade are basically defined as the ratio of the index of export prices to the index of impo...

Q: Saving function = S=- 500 + 0.25 Y, I = 400 - 1250 i Ms = 1200, Mt = 0.20 Y, Mp = 0.05 Y and Msp = 5...

A: The correct answer is given in the second step .

Q: 2. Consider a firm that has the following production function, q = 3L3KŠ, where the rental rate (r) ...

A: In economics, a production function gives the technological relation between quantities of physical ...