Why do we have candidate-centered elections (rather than party-centered elections) in the United States? single-member districts the Electoral College the Australian ballot independent expenditures all of the above none of the above
Q: The economy is hit by the Covid-19 pandemic and affects the short-run aggregate supply. Critically…
A: The aim of this question is to show the short run and long run effect on output and price level…
Q: 5) In 2012, a consumer spends $1000 on health insurance. In 2013, she decides to buy more, spending…
A: Marginal product is referred to as the additional good that is manufactured as a result of adding…
Q: The term National income refers to the? (A) total employment (B) total unemployment (C) global…
A: National income is a vital financial idea that gives insight into a country's generally speaking…
Q: Comment on the following statement: The level and growth rate of real GDP per capita can be a…
A: Real GDP per Capita:Real Gross Domestic Product per capita is a measure of the economic output of a…
Q: Because of war in countries with raw materials, delivery will be delayed. Seleccione una: O a.…
A: The image you sent me appears to be a multiple-choice question asking whether the statement "Because…
Q: ABC is an airline with has a monopoly over all the travel lines it covers. The monopolist faces the…
A: Since you have posted multiple questions with multiple sub-parts, we will provide the solution only…
Q: 1. Find the perfect Bayesian equilibria in the following two-person game: (8) 2 () () B L (6) (6) 2…
A: The Bayesian Nash Equilibrium refers to the strategy developed by the players involved in the game.…
Q: Suppose an economy is in long-run equilibrium. a. Use the model of aggregate demand and aggregate…
A: a.The aggregate demand curve represents the relationship between the price level prevailing in the…
Q: An existing robot can be kept if $2,000 is spent now to upgrade it for future service requirements.…
A: Present worth:it is also known as discounted value. it is calculated by multiplying the future value…
Q: This question focuses on game theory. Andy and Brandi contribute to a public good they both enjoy.…
A: In the context of game theory, a dominant strategy is an ideal play that maximises reward…
Q: Suppose that a firm is an imperfect competitor in the product market and a perfect competitor in the…
A: The purpose of this question is to determining the optimal combination of two variable inputs. This…
Q: Outline the regional approaches toward market integration, such as the European Union, NAFTA and…
A: The aim of this question is to show the market integration models of the European Union (EU), the…
Q: An individual with the utility function given by u(y) = -e-0.5y, and gross disposable income y = 10…
A: The purpose of this question is to show the optimal insurance coverage for an individual with a…
Q: The graph shows the relevant cost curves for a perfectly (or purely) competitive firm. What value…
A: This question asked us to find the price point necessary for the firm to earn positive economic…
Q: University of Professional Studies, Accra (UPSA) was founded in 1965 as a private professional…
A: The purpose of this question is to imposed on buyer and seller but in both case it will create tax…
Q: Explain the connection between a government budget deficit and a government debt.
A: The correct answer is B. Statements 1 and 4 are correct.Government budget deficitA budget deficit…
Q: Group A - "Pro" Side: This group will argue in favor of the resolution-making the case that free…
A: Diverse economic systems define global economies, each distinguished by unique characteristics.…
Q: As part of Budget 2018, the Government of Canada introduced the Canada Workers Benefit (CWB) that…
A: This can be described as a concept that work as a financial aid, it generally provided by the…
Q: When a firm experiences decreasing returns to scale, what happens to its average cost as production…
A: Returns to scale is an idea in financial matters that depicts the rate at which production yield…
Q: In the long run: O A. all factors of production are variable. O B. all factors of production are…
A: The question is asking about the nature of factors of production in the long run. Factors of…
Q: Two alternative water purification systems are considered to meet the drinking water needs in…
A: This concept can be described as the allocation of resources (money, time, effort, or other assets)…
Q: Fall 2023 Adrienne and Stephen consume pizza, Z, and cola, C. Adrienne's utility function is and…
A: In economics, the application refers to the satisfaction or gain that a character derives from…
Q: (d) Had the government lowered personal income taxes by $20 billion instead of increasing spending…
A: Gross domestic product is the final combination of goods and services in a country. GDP is an…
Q: Which cost concept includes both explicit and implicit costs? a) Total cost b) Variable cost c)…
A: In financial matters, understanding various sorts of costs is significant for dissecting business…
Q: Explanations for a positive rate of time preference include _____ a. patience. b. certainty.…
A: The objective of the question is to identify the factors that can explain a positive rate of time…
Q: Question Four Assume the following IS-LM model: Expenditure Sector ADC+I+ G C = 130 + (4/5) YD YD =…
A: The objective of this question is to show the IS and LM schedules, find equilibrium levels of income…
Q: (a) What events of the 1970s and 1980s made economists believe that the shortrun relationship…
A: Inflation:It is a situation when prices of goods and services increase and the capacity to purchase…
Q: Scenario 29-1 The Monetary Policy of Jaune is controlled by the country's central bank known as the…
A: The ratio for reserve requirement is set by the nation's central bank. Here in the question, the…
Q: Which of the following is an example of a variable cost for a bookstore? a) Rent for the store…
A: With regards to a bookshop's functional costs, understanding the distinction between fixed costs and…
Q: Figure 10-9 illustrates a period of a. economic recession and low inflation. b. economic growth and…
A: Inflation:It is a situation when prices of goods and services increase and the capacity to purchase…
Q: Refer to the diagram to the right which shows the cost and demand curves for a profit-maximizing…
A: Perfectly competitive market is one in which there are large no of buyers and sellers. As there are…
Q: Consider a one-consumer one-firm economy in which u(x) = axz+xq, w = 1 and f(z) = z². (a) Derive a…
A: This question asked us to derive a competitive equilibrium and subsequently determine the Pareto set…
Q: Suppose there are three countries, the EU, Mexico, and Asia, in the world and the EU imports…
A: The purpose of this question is to analysis the initial EU will impose a 15% tariff on electronic…
Q: 1. Assume that U = (x + 2)(y + 1), with Px, Py and M being prices per unit of good, good…
A: Given:U=(x+ 2 )(y+ 1) a). Derive the effect of change in Px on equilibrium x.First, let's set up the…
Q: The MP curve indicates the relationship between ___ and the ____. A. taxes; price level B. the real…
A: The MP curve, or Monetary Policy curve, is a concept in macroeconomics that represents the…
Q: The balance of payments is 1) the value of goods and services bought and sold in the world market.…
A: Here, the Balance of payments or BOP refers to the summary of a countrys economic transactions with…
Q: What is the relationship between average variable cost and marginal cost? a) They are always equal…
A: Prior to diving into the connection between average variable cost (AVC) and marginal cost (MC), it's…
Q: You know that it takes approximately 20 years for nominal GDP per capita to increase by 40% in…
A: The annual growth rate is a measure of how much a quantity (such as GDP, population, revenue, etc.)…
Q: Home heating accounts for approximately one-third of energy consumption in a typical U.S. household.…
A: 1. Cost of corn-burning stove: $2,4002. Estimated annual savings: $3003. Lifespan of the stove: 11…
Q: 21 +22= 1. There is a world stock of capital, equal to 1, to be allocated between the two countries.…
A: An objective function is a mathematical expression that defines the goal in an optimization problem.…
Q: Briefly discuss the main economic problems.
A: An economy is a region where products and services are produced, traded, distributed, and consumed.…
Q: Total
A: Calculate the average variable cost to produce 1 unit of PC as follows:Average variable cost =…
Q: Question no 10 Solution Just 1) Suppose the central bank decides to lend $2million to a particular…
A: The purpose of this question is to show the sorts of things might happen which could explain falls…
Q: DISCCUSSION Consider non-fiscal barriers to the free movement of goods: quantitative restrictions,…
A: Non-fiscal barriers are impediments that prevent goods from moving freely between EU member states…
Q: (MPC and MPS)
A: “Since you have posted multiple questions, we will provide the solution only to the first question…
Q: In this module, we learned about deadweight loss and analyzed the welfare effects of a tax on a…
A: This question has been answered from a generalized economic perspective of how subsidies will impact…
Q: Suppose that production q, capital k and labour 1 satisfy g(q, k, 1) = O. In other words, the…
A: The purpose is to find expressions for the values ∂q/∂k and ∂q/∂l with the given production…
Q: Assume the economy of Chile is in a long-run equilibrium with full employment. In the short run,…
A: The long-run aggregate supply curve is the graphical representation of aggregate supply data in the…
Q: How do exchange rate systems, such as fixed and floating exchange rates, influence international…
A: Exchange rate systems are vital components of the global economic climate, affecting the dynamics of…
Q: What is the overall rate of return on a $100,000 investment that returns 20% on the first $30,000…
A: Rate of Return:The rate of return is a measure used to evaluate the profitability of an investment,…
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- How does rational ignorance discourage voting?What is the cost of voting in an election?1. Why is there a political divergence in the citizen-candidate model as opposed to Downsian electoral competition? Explain. 2. What is the difference between strategic and sincere voting? 3. Explain why multiple equilibriums occur in the citizen-candidate model?
- Canada's current election system prevents strategic voting. O True False1.14. Consider a variation on the idea of a weighted voting system, inwhich one or more voters is given a negative weight. Show that sucha system is not monotone. If a voter knows that the method assigns anegative weight to her vote, how will she be inclined to cast her ballot?2) What is straight-ticket voting? How does this help candidates in down ballot races?
- Please no written by hand "No voting system is perfect." What does it mean by economist K. Arrow? Give a brief account on Condorcet Voting Paradox. A public school district is voting on the school budget and the resulting student-teacher ratio. A poll finds that 20 percent of the voters want a ratio of 9:1, 25 percent want a ratio of 10:1, 15 percent want a ratio of 11:1, and 40 percent want a ratio of 12:1. What outcome would you expect the district toOnly typed answer and please don't use chatgpt The level of voting participation increases with subsequent increases in A) age. B) income. C) education. D) all of the aboveAnswer to Part CAssume there are three voters: A, B and C. Voter preferences can be ranked along a left-to-right spectrum that ranges from 1-9; 1 being the most left leaning preference and 9 being the most right leaning preference. Suppose these voters will choose between candidates Smith and Jonesin an upcoming election.Assuming the following voter preferences:Voter ID Preference (1-9)A 4B 5C 6B. Suppose the electorate becomes more polarized; A moves from 4 to 1 while C moves from 6 to 9. B remains at 5. How does the median voter model predict candidates Smith and Jones will change their preference? C. Keeping the assumptions from B, how does the election result change if a tax on non-voters doubles the number of voters while preserving the distribution of preferences?
