Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
What are the equilibrim quantity and price? what would be the effect of poor weather on the consumer surplus, producer surplus, deadweight loss?
What explains the shape of the AS curve? If the quantity of output demanded at every price level increases by $1 trillion, what happens to equilibrium output and prices? Graph your answer.
Graph AVC, ATC,and MC on the same graph. What is the relationship between the MC curve and the ATC and between MC and AVC?
Key concepts to include in response: data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, and easy money policy tools.
Foreign purchases of assets in the United States; U.S. good exports, U.S. net investment income. Why must the current account and the capital and financial account sum to zero?
Explain why the U.S. demand for Mexican pesos is downsloping and the supply of pesos to Americans is upsloping. Assuming a system of flexible exchange rates between Mexico and the United States.
A lump sum tax (T=G) and a proportional tax (G=T(Y)=tY. will the equilibrum level of output be different under the two tax systems? (b) what will be the level of t?
What are the (a) balance on goods , (b) balance on goods and services, (c) balance on current account, and (d) balance on capital and financial account?
If a consumer has $500 to spend on tires and other goods and each tire usually sells for $50 how does this deal impact the consumers opportunity set?
A federal housing assistance program provides allowances that can only be spent on housing. Empirical studies have shown that the average recipient of this program increases his non housing expendit
What is the assumed annual growth rate from 2005 to 2030 used to generate this percentage increase? How does this compare to the Department of Energy projection?
Determine how long it would be before the entire surface of the continental United States were covered with solar cells if all of the electricity were produced this way.
Assuming a system of flexible exchange rates between Mexico and the United States, indicate whether each of the following would cause the Mexican peso to appreciate or depreciate, other things equal
The discount rate on construction funds and power payments is 9% APR, compounded daily. Determine the future value/kWh at the end of construction.
Considering the weather data, typical heating loads, and the price of natural gas in your area, make a recommendation to your neighbor based on convincing economic analysis.
If air quality is A=2 how much housing will Jose purchase? Sketch his indifference curve and budget line. How much would Jose be willing to pay to increase air quality from 2 to 4?
Create a table of different combinations of K and L that will produce 10 units of output. Using the information in this table, sketch the isoquant for 10 units of output.
Draw a supply and demand graph to assist in explaining the increase in the price of chain saws after Hurricane Andrew.
Assuming her demand satisfies Wlaras' Law, what are the value of p'2 and w' that make her choice compatible with the WARP?
Suppose P(price) of z = $30. Determine the supply function and inverse supply function for good X. Graph the inverse supply function.
The income-consumption curve for Dan between Qa and Qb is given as: Qa = Qb. His budget constraint is given as 120:= Qa + 4Qb. How much Qa will Dan consume to maximize utility?
The most valid arguments for tariff protection are also the most easily abused." What are these particular arguments? Why are they susceptible to abuse?
Estimate the demand curve and price elasticity for a business in any industry. Collect at least 5 observations on prices and associated quantities of output or sales for the firm.
What was the impact on the supply and demand of labor on one sector of the labor market? Explain the factors that affected labor demand and labor supply in the chosen historical example.
Each choice requires the same amount of investment. Address the following topics: What factors do you use to determine whether to invest in the additional capital and labor?