Please answer both if you canHomework Answers
a) CPi only takes the price into account and they will remain the same if the price do not change, if the quality increases or decreases the CPI is not affected. this is called quality bias in CPI. The answer is "C".
b) The purchasing power is affecvted by the price of the goods and quality, it will increase, The answer is "A".
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Please answer both if you can
Consider laptops which are used by many consumers. If the...
Please help with these questions, Question 23 0.16 pts If the number of buyers in a...
Please help with these questions,
Question 23 0.16 pts If the number of buyers in a market increases from 50 to 100, you would expect the equilibrium price to and the equilibrium quantity to , holding all else constant. decrease; decrease increase; increase O decrease: increase ○ increase, decrease O remain the same; remain the same Question 24 0.16 pts Assume that the market for baseballs is in equilibrium. There is a sudden decrease in income throughout the economy. If...
Please help with these questions, Question 5 0.16 pts When firms in a market expect the...
Please help with these questions,
Question 5 0.16 pts When firms in a market expect the price of their products to rise, the supply curve of their goods causing the equilibrium price to O decreases; rise increases; rise and the equilibrium quantity to fall decreases; fall increases; fall O increases; rise Question 6 0.16 pts Taxes cause the equilibrium price of a good to Ogo up only for producers. O decrease O go down only for consumers O increase. remain...
Can someone check these answers please and ensure that they are correct. If not, can you...
Can someone check these answers please and ensure that they are
correct. If not, can you please explain how to do/ what was done
wrong. Thank you!
QUESTION 1 In 2007, the economy slipped in a recession that many called the worst since the Great Depression. This caused people to experience a general decrease in their income levels. At the same time, there was an increase in the price of wheat used to make Ramen Noodles (an inferior good). Given...
please answer all questions! Suppose the federal finance minister wants to pass a law that would...
please answer all questions!
Suppose the federal finance minister wants to pass a law that would require all monopolistically competitive firms to operate at their efficient scale. If this law were to pass and be enforced, what would we expect would happen to monopolistically competitive firms? They would see their costs increase. They would have to lower their production. They would require subsidies to stay in business. They would have to exit the market. What does entry by new firms...
Please help with these questions, Question 17 0.16 pts During the winter months, many elderly people...
Please help with these questions,
Question 17 0.16 pts During the winter months, many elderly people leave their homes in northern New York and travel south to Florida or Arizona. What would we expect to happen to the equilibrium price and quantity of items most used by the elderly in northern New York? One would increase and one would decrease, but we don't know which would do what O They would both increase. O The price would decrease and the...
please answer Question 3 20 pts Assume that there are three assets that you can own:...
please answer
Question 3 20 pts Assume that there are three assets that you can own: Cash (lowest risk), Bonds (medium risk) Stocks (high risk) The economy has just experience a financial crisis so investors become VERY VERY risk averse. Under these conditions you would expect interest rates to (choose the best answer) O Decrease because bond prices would fall. O Decrease because bond prices would rise O Increase because bond prices would fall. O Increase because bond prices would...
Die Week 7 Discussion There are two discussion questions. You will need to answer both questions...
Die Week 7 Discussion There are two discussion questions. You will need to answer both questions in order to receive full credit. Please review the Discussion & Peer Review Rubric. Discussion Questions: 1. Private colleges of the same caliber generally charge roughly the same tuition. Would you characterize these colleges as a cartel type of oligopoly? 2. Suppose an air-quality law is passed that requires 3.75 percent of all the cars sold to emit zero pollution What would be the...
Please answer the following questions and explain each answer. Thank you so much for your help....
Please answer the following questions and explain each answer.
Thank you so much for your help.
Question 9 1 pts Suppose that the market equilibrium price for a basic medical check-up is $50, in a market in which there is no health insurance. To encourage more people to get a check- up, the local government mandates that the price of a check-up cannot be more than $40. Is this a price floor or a price ceiling? This example describes neither...
Please help thank you PRE-LAB 6 The Hill Reaction Pre-laboratory Assignment Directions: is not complete at...
Please help thank you
PRE-LAB 6 The Hill Reaction Pre-laboratory Assignment Directions: is not complete at the beginning of lab, the student will be unable to participate in Questions: TYPE the answers to the following questions and turm in BEFORE lab begins. If pre-lab the lab session. 1.(2pts) While doing this experiment, it will be important to keep everything on ice. Why is it important to keep everything cold? What might happen if the proteins are warm temperature? ed to...
THERE ARE 20 total QUESTIONS PLEASE ANSWER ALL OF THEM QUESTION 1 One way to reduce the recessio...
THERE ARE 20 total QUESTIONS PLEASE ANSWER ALL OF THEM
QUESTION 1 One way to reduce the recessionary gap through fiscal policy is to O increase government purchases. increase taxes. O decrease transfer payments. decrease the MPC QUESTION 2 Which of the following is true of open-market operations? It involves the purchase and sale of government securities by the central bank. O it involves the purchase and sale of stocks and bonds by private banks. It involves measures taken by...
Please help with these questions,
Question 23 0.16 pts If the number of buyers in a market increases from 50 to 100, you would expect the equilibrium price to and the equilibrium quantity to , holding all else constant. decrease; decrease increase; increase O decrease: increase ○ increase, decrease O remain the same; remain the same Question 24 0.16 pts Assume that the market for baseballs is in equilibrium. There is a sudden decrease in income throughout the economy. If...
Please help with these questions,
Question 5 0.16 pts When firms in a market expect the price of their products to rise, the supply curve of their goods causing the equilibrium price to O decreases; rise increases; rise and the equilibrium quantity to fall decreases; fall increases; fall O increases; rise Question 6 0.16 pts Taxes cause the equilibrium price of a good to Ogo up only for producers. O decrease O go down only for consumers O increase. remain...
Can someone check these answers please and ensure that they are
correct. If not, can you please explain how to do/ what was done
wrong. Thank you!
QUESTION 1 In 2007, the economy slipped in a recession that many called the worst since the Great Depression. This caused people to experience a general decrease in their income levels. At the same time, there was an increase in the price of wheat used to make Ramen Noodles (an inferior good). Given...
please answer all questions!
Suppose the federal finance minister wants to pass a law that would require all monopolistically competitive firms to operate at their efficient scale. If this law were to pass and be enforced, what would we expect would happen to monopolistically competitive firms? They would see their costs increase. They would have to lower their production. They would require subsidies to stay in business. They would have to exit the market. What does entry by new firms...
Please help with these questions,
Question 17 0.16 pts During the winter months, many elderly people leave their homes in northern New York and travel south to Florida or Arizona. What would we expect to happen to the equilibrium price and quantity of items most used by the elderly in northern New York? One would increase and one would decrease, but we don't know which would do what O They would both increase. O The price would decrease and the...
please answer
Question 3 20 pts Assume that there are three assets that you can own: Cash (lowest risk), Bonds (medium risk) Stocks (high risk) The economy has just experience a financial crisis so investors become VERY VERY risk averse. Under these conditions you would expect interest rates to (choose the best answer) O Decrease because bond prices would fall. O Decrease because bond prices would rise O Increase because bond prices would fall. O Increase because bond prices would...
Die Week 7 Discussion There are two discussion questions. You will need to answer both questions in order to receive full credit. Please review the Discussion & Peer Review Rubric. Discussion Questions: 1. Private colleges of the same caliber generally charge roughly the same tuition. Would you characterize these colleges as a cartel type of oligopoly? 2. Suppose an air-quality law is passed that requires 3.75 percent of all the cars sold to emit zero pollution What would be the...
Please answer the following questions and explain each answer.
Thank you so much for your help.
Question 9 1 pts Suppose that the market equilibrium price for a basic medical check-up is $50, in a market in which there is no health insurance. To encourage more people to get a check- up, the local government mandates that the price of a check-up cannot be more than $40. Is this a price floor or a price ceiling? This example describes neither...
Please help thank you
PRE-LAB 6 The Hill Reaction Pre-laboratory Assignment Directions: is not complete at the beginning of lab, the student will be unable to participate in Questions: TYPE the answers to the following questions and turm in BEFORE lab begins. If pre-lab the lab session. 1.(2pts) While doing this experiment, it will be important to keep everything on ice. Why is it important to keep everything cold? What might happen if the proteins are warm temperature? ed to...
THERE ARE 20 total QUESTIONS PLEASE ANSWER ALL OF THEM
QUESTION 1 One way to reduce the recessionary gap through fiscal policy is to O increase government purchases. increase taxes. O decrease transfer payments. decrease the MPC QUESTION 2 Which of the following is true of open-market operations? It involves the purchase and sale of government securities by the central bank. O it involves the purchase and sale of stocks and bonds by private banks. It involves measures taken by...
Most questions answered within 3 hours.
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