39. b. $10 and 50 units
Equilibrium occurs at the intersection of demand and supply curves.
32. c. $1.2 trillion
National savings = Y - C - G
= 5 - 3.1 - 0.7= 1.2
Question 75 0.5 pts Scenario 26-2. Assume the following information for an imaginary, closed economy GDP = $5 trillion; consumption = $3.1 trillion; government purchases = $0.7 tallion; and taxes = $0.9 trillion. 75. Refer to Scenario 26-2. For this economy, national saving is equal to O a $1.1 trillion. O b. $2.9 trillion. O c. $1.2 trillion O d. $1.7 trillion Question 77 0.5 pts 77. Wages set above the equilibrium wage by a. firms to increase morale are...
Question 6 0.5 pts Figure 2-14 dishwas 45 40 35 30 25 20 15 10 5 15 30 45 60 75 ses 6. Refer to Figure 2-14. It is possible for this economy to produce 75 doghouses. O True O False Question 13 0.5 pts 13. Expenditures by households on education are included in the consumption component of GDP. True O False
Figure 6-26 Tmice 20 18 16 14 12 10 8 6 4 2 D der e 10 20 30 40 50 60 70 S0 90 100 110 120 130 {स Refer to Figure 6-26. How much tax revenue does this tax produce for the government? $480 $640 S360 $120 Previous 20 21 25 26 27 28 29 Next % @
P Flag question Figure 2 Trice Sitert 1 2 4 6 8 10 12 14 16 quantity Refer to Figure 2. How much tax revenue does this tax produce for the government? Select one: O a. $24 b. $30 O c. $32 d. $56
Question 2 (1 point) In an open economy suppose that GDP is $12 trillion. Consumption is $8 trillion and government spending is $2 trillion, Taxes are $0.5 trillion. Exports are $1 trillion and imports are $3 trillion. What is private saving? $4 trillion $3.5 trillion $2.5 trillion $1.5 trillion Question 1 (1 point) Interest rate (%) Supply of loanable funds Demand for loanable funds 0 10 20 30 40 50 60 70 80 90 100 Quantity of loanable funds (billions...
QUESTION 1 Figure 2-5 100 90 80 70 60 50 40 30 20 10 10 20 30 40 50 60 70 80 washe Refer to Figure 2-5. It is possible for this economy to produce O a. 60 dryers and 50 washers. b. 60 dryers and 60 washers. c. 80 dryers and 50 washers. O d. All of the above.
Question 14 Refer to the figure below. The total cost of production is: 18 MC1 16 14 12 10 АТСТ 8 6 AVC1 4 2 MR 10 20 30 40 50 60 70 80 90 O $510 O $330 O $160 $400
& 9 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 Quant Refer to Figure 9-1. When trade in coffee is allowed, consumer surplus in Guatemala a. increases by the area B+D. D b. increases by the area C+F. O c. decreases by the area B-D. d. decreases by the area D-G con Key Question 18 of 20 ) Submit Assignment for Grading...
17: Question 15. - 10.0 pts possible Consider the circuit shown in the figure. 39 12 1. 34.1818 26 12 02. 26.9737 912 3. 28.7857 40 V O 4. 37.9592 Find its equivalent resistance. Answer in units of $2. O 5. 32.6364 O 6. 31.1818 O 7. 31.9 O 8. 33.3125 O 9. 29.375 O 10. 27.973
TPrice 38 36 34 32 30 De 28 22 20 18 16 14 12 10 8 De D 80 120 160 200 240 280 320 360 400 440 480 520 560 Refer to Figure 9-5. With trade, consumer surplus is a. $3,240. O b. $6,480. c. $6,760 O d. $13,520. 40