i need to ask you in general,for the 2 exams

Get college assignment help at Smashing Essays Question i need to ask you in general,for the 2 exams of the main book of econ 523 that is “International economics”,are they multiple choice only or some questions are essay form?Plesae i need an answer

The marginal revenue product of labor at the local sawmill

Question The marginal revenue product of labor at the local sawmill is MRPL = 20 – 0.5L, where L = the number of workers. If the wage of sawmill workers is $10 per hour, then how many workers will the mill hire?

jeans in general have fewer close substitutes than a specific

Question jeans in general have fewer close substitutes than a specific brand of jeans. Therefore, the demand for jeans in general will be _____ than the demand for a specific brand of jeans.

The following table shows the number of cakes that could

Question The following table shows the number of cakes that could be baked daily at a local bakery, depending on the number of bakers. a. Calculate the MPL. b. Do you observe the law of diminishing marginal returns? c. Suppose each cake sells for $10. Calculate the MRPL. d. Draw the MRPL curve, which is the demand curve for bakers. e. If each baker is paid $80 per day, how many bakers will the bakery owner hire, given that the goal is to maximize profits? How many cakes will be baked and sold each day? ATTACHMENT PREVIEW Download attachment Snip20190701_1.png Supervisors Output (Units per Day) 0 11,000 1 14,800 2 13,000 3 19,500 4 20,200 5 20,600 Number of Bakers Number of Cakes 0 0 1 10 2 18 3 23 4 27

The demand curve for gardeners is GD = 19 –

Question The demand curve for gardeners is GD = 19 – W, where G = the number of gardeners, and W = the hourly wage. The supply curve is GS = 4 2 W. a. Graph the demand curve and the supply curve. What is the equilibrium wage and equilibrium number of gardeners hired? b. Suppose the town government imposes a $2 per hour tax on all gardeners. Indicate the effect of the tax on the market for gardeners. What is the effect on the equilibrium wage and the equilibrium number of gardeners hired? How much does the gardener receive? How much does the customer pay? How much does the government receive as tax revenue?

barriers to entry are forces that?

Question barriers to entry are forces that?

i need to know in general,for the 2 exams of

Question i need to know in general,for the 2 exams of the main book(international economics),are they essay type or choosing 1 alternative?

superstar professionals athletes can sustain their economics rents because?

Question superstar professionals athletes can sustain their economics rents because?

adam smith’s theory of the invisible hand posits the actions

Question adam smith’s theory of the invisible hand posits the actions of independent, self-interest buyers and sellers will_____ lead to the most efficient allocation of resources.

The Bree-X Corporation uses labour to produce good X according

Question The Bree-X Corporation uses labour to produce good X according to the production functionThe price of X is 48, the wage paid per unit of labour is 4. Profit for Bree-X is computed as PXQX – wLX, where PX is the price of good X, QX is the quantity produced and sold, w is the wage rate, and LX is the amount of labour employed. What quantity of labour would be employed, and what quantity of output would be produced, when Bree-X is making maximum profit?

which of the following best describe how perfectly competitive industry

Get college assignment help at Smashing Essays Question which of the following best describe how perfectly competitive industry would respond to a suddon in crease in popularity of the product? The market demand curve would shift to the right, leading to?

a cost-saving innovation in a perfect competitive industry will lead

Question a cost-saving innovation in a perfect competitive industry will lead to?

i need an example of a research paper outline.

Question i need an example of a research paper outline.

Consider that there is only one bank and its balance

Question Consider that there is only one bank and its balance sheet is as follows Use it to answer the next 5 questions.AssetsLiabilitiesReserves$26,000Demand Deposits$160,000    Loans $134,000                               Let rrD = 10%, e= 5% and c=10%.92. What is the value of this bank’s undesired excess reserves?a.  $13,000b.  $5,000c.  $2,000d. -$4,000e.  -$15,00093. What is the value of the money multiplier for this problem?a. 10b. 5.5c. 5.0d. 4.4e. 4.094. At the outset of this problem, what is the level of the money supply (M1)?a. $125,000b. $160,000c. $176,000d. $242,000e. $320,00095. In order to reach a final equilibrium, the money supply will have to change by:a.  $2,000b.  $8,800c.  $26,000d.  $71,500e. -$71,50096. At the final equilibrium, the value of the undesired excess reserves will be:a.  $2,000b.  $1,000c. -$2,000d. -$8,000e. None of the above.

Hi, could you please explain some details for me about

Question Hi, could you please explain some details for me about those questions?1.Which of the following is not one of the possible causes of an increase in inflation?A.  Additional unemployment in a recession. B.  Additional spending by households. C.  Additional spending by governments. D.  Rising social conflict over the distribution of income. 2.Which of the following is not a limitation of the ability of a commercial bank to create credit,A.  a lack of reserves in its exchange settlment account. B.  a lack of demand for credit from creditworthy customers. C.  a high level of interest rates. D.  a lack of reserves of equity capital. 3.If APRA forces banks to increase the risk weights applied to investment mortgages on bank balance sheets, what are the likely effects for this to have on the interest rates charged by banks on their investment mortgages, and on the dividends paid by banks to bank shareholdersA.  The interest rates will fall; dividends will fall B.  The interest rates will fall; dividends will rise C.  The interest rates will rise; dividends will rise D.  The interest rates will rise; dividends will fall 4.Which of the following is not one of the necessary assumptions for the Quantity Theory of Money to be applicable to the real world?A.  Inflation can result from a social conflict over the distribution of income.B.  An increase in the money supply must cause an increase in spending. C.  Inflation must be the result of too much spending. D.  The velocity of circulation of money must be constant. 

1. An engineer has just borrowed P8000 from a local

Question 1. An engineer has just borrowed P8000 from a local bank. at the rate of 1% per month on the unpaid balance. his contract states that he must repay the loan im 35 equal monthly installments. how much money must he repay each month?2. A man plans to buy a P150, 000 house. He wants to make a down payment of P30, 000 and to take out a 30years mortgage for the remaining P120, 000, at 10% per years, compounded monthly. How much must be repay each month? 3. Glenn borrowed money from a bank. She received from the bank Php13, 420 and promised to pay Php15, 000 at the end of 9months. At what simple interest did the bank charge?

Draw a graph showing a supply and demand curve for

Question Draw a graph showing a supply and demand curve for SUVs. Indicate clearly the equilibrium price and the quantity. Suppose at the price of trucks has fallen. Assuming trucks and SUVs are demand-side substitutes, show the effect of a lower truck price on your market for SUVs, and clearly show the change in equilibrium price and quantity. Also, use a few sentences to describe the changes that take place.

Could you please explain some details for me about this

Question Could you please explain some details for me about this questions? Thanks :)1.Quantitative easing involves the central bank buying large amounts of government bonds (and sometimes other securities) from private sector banks and fund managers. Quantitative easing might increase spending in the economy byA.  forcing down bond prices, driving down the interest rates on long term bonds, putting upward pressure on share prices, and reducing financing costs for business investmentB. driving up bond prices, driving down the interest rates on long term bonds, putting upward pressure on share prices, and reducing financing costs for business investmentC.  forcing down bond prices, driving down the interest rates on long term bonds, putting downward pressure on share prices, and reducing financing costs for business investmentD.  driving up bond prices, driving up the interest rates on long term bonds, putting upward pressure on share prices, and reducing financing costs for business investment2.A country has a current account balance of -$30bn and a capital and financial account balance (excluding official transactions by the central bank) of $40bn. Assuming there are no errors and omissions in the balance of payments accounts, the central bank of this country must haveA. used $10bn of foreign exchange reserves to make purchases of its own currency on the foreign exchange marketB. used $10bn of foreign exchange reserves to make sales of its own currency on the foreign exchange marketC. sold $10bn worth of its own currency on the foreign exchange market, and made additions to foreign currency reservesD. purchased $10bn worth of its own currency on the foreign exchange market, and made additions to foreign currency reserves3.You have purchased a plain vanilla interest rate swap from a bank relating to $100mn notional on the six month US dollar London Inter-Bank Offered Rate at a price of 3%. After six months, the relevant LIBOR rate is 2%. What is your net cash flow? In other words, how much do you receive (if it is a positive cash flow) or pay (if it is a negative cash flow)? A. -$1,000,000  B.  $500,000  C.  $1,000,000  D. -$500,000 4.The main problem with the euro as a currency area is that A. the euro zone has a large balance of payments deficit  B. the euro zone has no central bank  C. it has no central fiscal authority  D. the rules for government debt are not strict enough 5.Assuming that, following a financial crisis, the private sector of a country wishes to net save 5% of GDP, while the foreign sector wishes to make net investments of 2% of GDP into a country’s financial system, then the government financial balance will be A. 3% in deficit  B. 3% in surplus  C. 7% in surplus  D. 7% in deficit 6.Which if the following combinations of economic policy objectives is most likely to lead to a financial crisis?A. A floating exchange rate; setting your own interest rate; restricting and limiting the movement of funds into and out of your financial systemB. A freely floating exchange rate; setting your own interest rate; allowing for the free movement of funds into and out of your financial systemC. A published fixed exchange rate target; setting your own interest rate; allowing for the free movement of funds into and out of your financial system.D. A published fixed exchange rate target; increasing or decreasing your interest rate as necessary to defend the fixed exchange rate; allowing for the free movement of funds into and out of your financial system7.Which of the following did not play a role in the lead up to the Global Financial Crisis of 2008 and the Great Global Recession of 2009? A. Rising household debt  B. Mortgage backed securities  C. Growing government budget deficits  D. Credit default swaps 

Using the linear activity model and constant returns to scale

Question Using the linear activity model and constant returns to scale technologies, discuss the process through which both the consumer and producer can achieve equilibrium in an exchange economy

A firm has a constant marginal social cost of producing

Question A firm has a constant marginal social cost of producing of $2Q. What is the socially efficient level of production for a firm facing an inverse demand P = 60 − 2Q?

Variables typically included in a multivariate demand function (other than

Question Variables typically included in a multivariate demand function (other than the price and quantity of the item the demand function represents) are consumer tastes and preferences, the number of buyers, spendable (disposable) income, prices of substitute goods, prices of complementary goods, advertising expenditures, weather, and expectations. Recalling that the price of the item being considered is placed on the vertical axis, and the quantity on the horizontal axis, the other variables are termed demand shifters. Please answer the following questions about the affect changes in other variables might have on the demand for the item. These changes will either cause demand to increase (shift right) or decrease (shift left). Use either word as applicable, for the short answer.1. Small fire extinguishers can be refilled, must be serviced and inspected annually, and must be pressure tested every five years. Additionally, there is a safety regulation that arbitrarily declares them obsolete after 25 years (after which the code prohibits their commercial use, repair, or recertification).  Commercial businesses are required by fire codes to have certified extinguishers that meet the code regardless of the extinguisher’s operability.   The effect of this regulation is to ________________ the demand for new extinguishers, rather than recertifying older ones.2. Retail businesses (such as Best buy, Barnes and Noble and other brick and mortar retailers) continually encourage their trade associations to lobby Congress to impose sales taxes on internet sales. They want internet sales taxed as a way of __________________ the demand for the merchandise physically stocked in their stores.3. Compressed Natural Gas (CNG) powers vehicles well, and is an almost pollution-free fuel. If factory equipped, vehicles can switch between using either CNG or ordinary gasoline. It costs under $4000 extra to buy such a factory-equipped auto. However, the auto industry makes little effort to promote the use of CNG. Instead, the auto industry is rushing to introduce battery-powered autos that use expensive, heavy and dangerous Lithium Ion batteries. Suppose the government sufficiently subsidized the installation of CNG pumps at public service stations. The effect might _________________ the demand for CNG powered autos.4. Government-promulgated rules and regulations specify ever stricter building codes and safety standards, more encompassing caloric maximums for fast foods, higher automobile gas mileage minimums, tighter pollution emission standards, etc, etc. Free market advocates vociferously and vocally condemn these as unnecessary market interferences that increase the production cost of domestically produced goods.  Yet the same advocates are among the strongest enforcers of these standards and regulations because they sell and install the new items the codes require. This contradiction is readily explained by realizing that increasing regulations and standards actually ______________ the demand for code-mandated items they sell/manufacture relative to imports.5. Fast food chains have responded to government mandates by publishing caloric values of the foods they sell and by offering healthy menu alternatives in addition to their traditional high fat, high calorie offerings. Nevertheless, the fast-food chains’ public promotion and advertising continues to stress the supersizing and/or high calorie, high fat food items they are famous for (think supersized French fries and drinks:-)). They are really trying to _____________ the demand for the high dollar supersized choices by not promoting the healthy alternatives.  Variables typically included in a multivariate supply function (other than the price and quantity of the item the supply function represents) are prices of other goods that use similar input resources for production, expectations, the number of suppliers, techniques of production, taxes and subsidies, prices of input resources, and weather. Please answer the following questions about the affect changes in other variables might have on the supply of the item. These changes will either cause supply to increase (shift right) or decrease (shift left). Use either word as applicable, for the short answer.      1. Regents of Oklahoma colleges and universities are allowing schools to develop an increasing number of certificate programs. These are two-year programs consisting of just the advanced specialized courses in a field. Upon completion, the student receives a certificate of completion rather than the traditional degree. They hope this leads to an _________________ supply of narrowly-trained specialists needed to meet shortages in specialized skills..     2. Tablet computers have proliferated. In the five years after the Apple iPad was introduced, most technology companies have introduced their own cheaper versions. These same companies are also _________________ the supply of desktop computers they produce.     3. New York, with encouragement from its Mayor, has passed a city ordinance limiting the maximum size of sugared, high calorie drinks that can be sold within their city limits. This is an attempt to _______________ the supply of these obesity-causing beverages.     4. In July, 2013, the world price of oil began spiking above $100 per barrel. Egyptians were rioting and calling for the resignation of their president (which the military did indeed achieve). This turmoil likely triggered expectations of a future _______________ in the supply of petroleum from mid-eastern countries.     5. Obesity is now a medically certified disease (which may mean insurance claims for medical treatment of it might be paid). If so, medical schools’ supply of doctors specializing in obesity treatment will likely ___________ . 

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