Homework Answers
Answer option d decreases , increase
When in economy people prefer to spend a smaller percentage of each pay check, this would cause decrease in national saving and increase interest rate.
Answer option a business cycle
Fluctuations in growth rate of gdp in limit time period is called business cycle.
Answer option c increase, increase
Increase in the demand of good cause increase in the equilibrium price level and increase in equilibrium quantity of goods bought and sold.
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Question 48 1.67 pts When people decide to spend a smaller percentage of each paycheck, this...
1.67 pts When people decide to spend a smaller percentage of each paycheck, this causes national...
1.67 pts When people decide to spend a smaller percentage of each paycheck, this causes national saving to rate to _in a closed economy. and the equilibrium interest increase: increase decrease : decrease decrease: increase increase: decrease
Question 31 1.67 pts The consumer price index changes from 123.0 to 142.9. By how much...
Question 31 1.67 pts The consumer price index changes from 123.0 to 142.9. By how much percentage wise should your employer increase your wage if he wants to keep your purchasing power constant? Round to two decimal places and do not enter a sign Next • Previous Not saved Submit Qul @ 5. *** 44 80 & 7 $ 4 % 5 8 9 6 2 3 P U Y T 0 W E K L H G F D...
Question 37 1.67 pts In the labor market, the adjusts to balance the quantity of labor...
Question 37 1.67 pts In the labor market, the adjusts to balance the quantity of labor supplied and the quantity of labor demanded minimum wage O efficiency average wape paid to the workers interest rate • Previous Net Not saved mour A 561 w ] 20 F3 F 9 % 5 8 # 3 7 6 4 2 Р T Y 20 W E J K H G F. S D M Question 38 167 Which of the following would...
1.67 pts Question 54 In the loanable funds market, the adjusts to balance the quantity of...
1.67 pts Question 54 In the loanable funds market, the adjusts to balance the quantity of funds demanded and the quantity of funds supplied ination rate exchange rate Obererte unemployment rate Next • Previous Not saved Submit Que e wix) 30 14 1 GDG 80 $ 0 & 7 % 5 4 2 3 0 Р Y U T R W E к L G Н. F D s Question 55 In the loanable funds market the demand for funds...
When people decide to spend a smaller percentage of each paycheck, this causes national saving to...
When people decide to spend a smaller percentage of each paycheck, this causes national saving to ____ and the equilibrium interest rate to ____ in a closed economy. Group of answer choices increase : decrease increase : increase decrease : increase decrease : decrease
I just need 58 az Instructions Question 57 1.67 pts Identify the contribution to this year's...
I just need 58
az Instructions Question 57 1.67 pts Identify the contribution to this year's GDP by entering a numerical value. Do not enter dollar signs or commas. Joe sells the house he has lived in for 10 years for $200.000 and pays his real estate agent a 6% commission $ At the end of the semester Brian sells his economics textbook to his friend for $150, $ Company X produces 14 units at a cost of $ each...
Question 51 167 pts Paul is considering attending a concert. He estimates the ticket price will...
Question 51 167 pts Paul is considering attending a concert. He estimates the ticket price will be $90, and the cost of driving to the concert and parking will total an additional $22. In order to attend the concert, Paul will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $10.87 per hour. What is Paul's opportunity cost of attending the concert? Enter a number rounded...
1.67 pts The information in the table identifies the quantities of three goods produced in a...
1.67 pts The information in the table identifies the quantities of three goods produced in a simple economy in 2018 and 2019, and the prices that the goods sold for in each of the two years. The base year is 2018 tem Quantity Price Price Quantity 2019 2018 2018 2019 12 $10 $11.79 14 Movie hickets 2 $3 $3.81 16 Bags of popcorn 16 $1 $163 Drinks of soda Based on the GDP deflator method, what was the rate of...
Question 7 1.67 pts Jake remains in college for his senior year instead of joining a...
Question 7 1.67 pts Jake remains in college for his senior year instead of joining a professional sports team. Jake's opportunity cost of remaining in college is the amount paid for tuition, books, food, and housing during the year. the amount he would have earned on the professional sports team. the amount paid for tuition and books plus the amount he would have earned on the professional sports team. the amount he paid for tuition and books during the year....
D Question 19 0.1 pts When supply shifts to the right and demand stays constant, the...
D Question 19 0.1 pts When supply shifts to the right and demand stays constant, the equilibrium price: increases and the equilibrium quantity decreases. increases and the equilibrium quantity increases, decreases and the equilibrium quantity decreases. decreases and the equilibrium quantity increases. stays the same and the equilibrium quantity increases. Question 20 0.1 pts If the price of a good increases, holding all else constant, o the demand for all of that good's substitutes will decrease. the quantity demanded for...
1.67 pts When people decide to spend a smaller percentage of each paycheck, this causes national saving to rate to _in a closed economy. and the equilibrium interest increase: increase decrease : decrease decrease: increase increase: decrease
Question 31 1.67 pts The consumer price index changes from 123.0 to 142.9. By how much percentage wise should your employer increase your wage if he wants to keep your purchasing power constant? Round to two decimal places and do not enter a sign Next • Previous Not saved Submit Qul @ 5. *** 44 80 & 7 $ 4 % 5 8 9 6 2 3 P U Y T 0 W E K L H G F D...
Question 37 1.67 pts In the labor market, the adjusts to balance the quantity of labor supplied and the quantity of labor demanded minimum wage O efficiency average wape paid to the workers interest rate • Previous Net Not saved mour A 561 w ] 20 F3 F 9 % 5 8 # 3 7 6 4 2 Р T Y 20 W E J K H G F. S D M Question 38 167 Which of the following would...
1.67 pts Question 54 In the loanable funds market, the adjusts to balance the quantity of funds demanded and the quantity of funds supplied ination rate exchange rate Obererte unemployment rate Next • Previous Not saved Submit Que e wix) 30 14 1 GDG 80 $ 0 & 7 % 5 4 2 3 0 Р Y U T R W E к L G Н. F D s Question 55 In the loanable funds market the demand for funds...
I just need 58
az Instructions Question 57 1.67 pts Identify the contribution to this year's GDP by entering a numerical value. Do not enter dollar signs or commas. Joe sells the house he has lived in for 10 years for $200.000 and pays his real estate agent a 6% commission $ At the end of the semester Brian sells his economics textbook to his friend for $150, $ Company X produces 14 units at a cost of $ each...
Question 51 167 pts Paul is considering attending a concert. He estimates the ticket price will be $90, and the cost of driving to the concert and parking will total an additional $22. In order to attend the concert, Paul will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $10.87 per hour. What is Paul's opportunity cost of attending the concert? Enter a number rounded...
1.67 pts The information in the table identifies the quantities of three goods produced in a simple economy in 2018 and 2019, and the prices that the goods sold for in each of the two years. The base year is 2018 tem Quantity Price Price Quantity 2019 2018 2018 2019 12 $10 $11.79 14 Movie hickets 2 $3 $3.81 16 Bags of popcorn 16 $1 $163 Drinks of soda Based on the GDP deflator method, what was the rate of...
Question 7 1.67 pts Jake remains in college for his senior year instead of joining a professional sports team. Jake's opportunity cost of remaining in college is the amount paid for tuition, books, food, and housing during the year. the amount he would have earned on the professional sports team. the amount paid for tuition and books plus the amount he would have earned on the professional sports team. the amount he paid for tuition and books during the year....
D Question 19 0.1 pts When supply shifts to the right and demand stays constant, the equilibrium price: increases and the equilibrium quantity decreases. increases and the equilibrium quantity increases, decreases and the equilibrium quantity decreases. decreases and the equilibrium quantity increases. stays the same and the equilibrium quantity increases. Question 20 0.1 pts If the price of a good increases, holding all else constant, o the demand for all of that good's substitutes will decrease. the quantity demanded for...
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