Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q1: As a feature of demand for labor, which of the following scenarios offers the best example of derived demand?
A. An increase in the demand for movie tickets causes an increase in the price of tickets.B. A decline in the demand for movie tickets causes a decrease in the demand for popcorn.C. An increase in the demand for movie tickets causes an increase in the demand for movies.D. A decline in the demand for movie tickets causes a decline in the demand for ushers.
Q2: The official definition of the poverty income level __________.
A. does not include Social Security benefitsB. is based on the cost of a minimally adequate dietC. is adjusted every year for real income growthD. includes any and all in-kind transfers
Q3: Which of the following is NOT an example of an in-kind transfer?
A. food stampsB. MedicaidC. rent subsidiesD. unemployment compensation
Q4: A politician who attempts to build a coalition of rent-seeking groups by brokering transfers to those groups is __________.
A. logrolling the rent-seeking groupsB. acting like an entrepreneurC. breaking federal lawsD. looking for a legitimate solution
If a person has a satisfying life outside the workplace, the probability of employee satisfaction becoming successful is greater within the workplace
Define the dead weight loss of a unit excise tax on a particular good. Explain what it measures. Draw a graph of possible supply and demand curves for a particular good for which the deadweight loss (DWL) from a unit excise tax is about half as big a..
Salon owners have recently started offering teeth whitening services to clients in addition to their more standard services. In a number of states, regulators have ordered the salon owners to stop, claiming that this service constitutes the practice ..
In the pen industry, a large number of firms produce differentiated products, and compete on quality, price, and marketing. They aren’t protected by laws or regulations. This market most closely resembles
Your firm’s research department has estimated your total revenues to be R(Q) = 600Q – 4Q2 and your total costs to be 60 + 2Q2. (Note that MB = 600 - 8Q and MC = 4Q). What level of Q maximized net benefits? What is marginal benefit at this level of Q?
If the discount rate were lowered to 7.75?%, half the initial? rate, what would be the value of the? perpetuity?
The equation of exchange is given by , where is the money supply, is the velocity of money, is the economy’s price level, and is real GDP. Suppose the following diagram shows the current aggregate demand (AD) and aggregate supply (AS) curves in a hyp..
Consider that the current U.S. economic system is replaced with a system where everyone is paid exactly the same salary. Assume that each family would receive an equal share of GDP. Would you personally favor this system? Explain. What problems would..
Suppose that we are interested in the effects of police on crime using data from a random sample of US counties. We plan to regresses the county's number of crimes per capital on the per capita size of the country's police force. This regression does..
q.reflect on the solow growth model by means of technology given by y zfk n k12n12 its savings rate is 0.2 moreover
A firm in the market for designer jeans has some degree of monopoly power. The demand curve it faces has a price elasticity of demand of -2, while the price elasticity demand of the market is -1.25. Moreover, the firm has a constant marginal cost of ..
Suppose the MWTP in periods 1 (now) and 2 (one year from now) is given by P = 8-0.4q. Marginal extraction cost = $2. r = 20%. The available supply is 20 units. Calculate the allocation of outputs across the two periods that maximizes the present valu..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd