Homework Answers
According to solow growth model ,higher capital stock lead to higher level of gdp in long run ,so more capital goods insure higher growth rate in long run.
Option C is correct
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Question 16 0.05 pts Which economic policy is most likely to promote strong economic growth in...
Most economists use the aggregate demand and aggregate supply model primarily to analyze which of the...
Most economists use the aggregate demand and aggregate supply model primarily to analyze which of the following? Select one: a. productivity and economic growth O b. short-run fluctuations in the economy O C. the effects of macroeconomic policy on the prices of individual goods d. the long-run effects of international trade policies > In which situation would the long-run aggregate- supply curve shift left? Select one: a. if there is a hurricane O b. if the capital stock increases c....
Which of the following is most likely to contribute to economic growth? Group of answer choices...
Which of the following is most likely to contribute to economic growth? Group of answer choices Flexible property rights that allow the government to seize resources easily for public use. Highly variable inflation rates A stable, predictable legal system (i.e., rule of law) Trade barriers that keep foreign goods and services out of the country
TEXT Alternative: Suppose you were in charge of establishing economic policy for a small island country...
TEXT Alternative:
Suppose you were in charge of establishing economic policy for a
small island country whose only industry is fishing. When people
aren't fishing, they're enjoying leisure time with their
families.
Which of the following policies would lead to greater economic
growth? Check all that apply.
Imposing a tax on fishing boats (a form of capital)
Lowering the income tax, assuming that it encourages people to
work longer hours
Subsidizing research and development into new fishing
technologies
Offering free...
Please help with these questions Question 41 0.4 pts The market for footballs is perfectly competitive....
Please help with these questions
Question 41 0.4 pts The market for footballs is perfectly competitive. If all else is held constant and the price of leather decreases, we would expect that the equilibrium quantity of footballs wouldand the equilibrium price would O fall; remain constant O rise; rise fall; fall O rise; fall fall; rise Question 42 0.4 pts Taxes cause the equilibrium price of a good to remain the same. increase. go down only for consumers decrease. go...
f contractionary monetary policy is used, then which of the following would be most likely to...
f contractionary monetary policy is used, then which of the following would be most likely to enhance the effect of the contractionary policy on aggregate demand? Interest rates would increase, leading to an exchange rate appreciation and a fall in net exports. Interest rates would decrease, leading to an exchange rate appreciation and a fall in net exports. Interest rates would decrease, leading to an exchange rate depreciation and a rise in net exports. Interest rates would increase, leading to...
Question 10 1 pts Assume that velocity is stable during a particular year. If the Fed...
Question 10 1 pts Assume that velocity is stable during a particular year. If the Fed increases the money supply by 2.5% and real GDP changes by 2.5%, the price level will change by: O approximately 21%. O approximately 4%. O approximately 10%. O approximately 2%. exactly 0%. Question 11 1 pts Suppose that the reserve requirement is 10%, and Jane Doe makes a deposit of $800,000 at her local bank. The maximum possible change in checkable deposits is and...
O Questi Questi ts Questi 1.67 pts Question 31 Questi Time Running: Estimates of U.S. job...
O Questi Questi ts Questi 1.67 pts Question 31 Questi Time Running: Estimates of U.S. job gains and losses due to free trade agreements Attempt due: Dec 2 Hours, 6 Minu show no change in jobs. ons show clear gains in the number of jobs. O show clear losses in the number of jobs. show mixed results, leading to no clear conclusion. Next • Previous The original European Economic Community was a free trade area, O had a common language....
Please solve the final answer for all following 10 multiple choice questions Which argument does not refer to Preferential Trade Agreements (PTAs)? O PTA reduces trade barriers among members but dis...
Please solve the final answer for all following 10 multiple choice questions Which argument does not refer to Preferential Trade Agreements (PTAs)? O PTA reduces trade barriers among members but discriminate against non-member countries O PTA promotes regionalism and is as such against the idea of multilateralism in trade O Some people view that the formation of regional trade agreements (RTAs) undermine the WTO O PTA encourages regionalism and it is harmful since it leads to trade diversion O All...
l. The most fundamental economic problem is a) Scarcity b) Security c) Health ) The fact...
l. The most fundamental economic problem is a) Scarcity b) Security c) Health ) The fact that the United States buys more goods from foreigners than we sell to foreigners 2. Scarcity is a situation in which a) People cannot satisfy all their wants. b) Most people can get only bare necessities c) People can satisfy all their wants. 3. Scarcity requires that people must a) Cooperate c)Trade b) Compete d) Make choices 4. Which of the following are considered...
16. to the wealth effect, an increase in the price level causes ease in real wealth and more purchases b. An incr C. A decrease d. rease in real wealth and fewer purchases se in real wealth and f...
16. to the wealth effect, an increase in the price level causes ease in real wealth and more purchases b. An incr C. A decrease d. rease in real wealth and fewer purchases se in real wealth and fewer purchases A decrease in r price level increase tends to reduce net exports, thereby reducing the amount of real goods a. The b. The international banner effect C. rvices purchased in the U.S. Economists refer to this phenomenon as international wealth...
Most economists use the aggregate demand and aggregate supply model primarily to analyze which of the following? Select one: a. productivity and economic growth O b. short-run fluctuations in the economy O C. the effects of macroeconomic policy on the prices of individual goods d. the long-run effects of international trade policies > In which situation would the long-run aggregate- supply curve shift left? Select one: a. if there is a hurricane O b. if the capital stock increases c....
TEXT Alternative:
Suppose you were in charge of establishing economic policy for a
small island country whose only industry is fishing. When people
aren't fishing, they're enjoying leisure time with their
families.
Which of the following policies would lead to greater economic
growth? Check all that apply.
Imposing a tax on fishing boats (a form of capital)
Lowering the income tax, assuming that it encourages people to
work longer hours
Subsidizing research and development into new fishing
technologies
Offering free...
Please help with these questions
Question 41 0.4 pts The market for footballs is perfectly competitive. If all else is held constant and the price of leather decreases, we would expect that the equilibrium quantity of footballs wouldand the equilibrium price would O fall; remain constant O rise; rise fall; fall O rise; fall fall; rise Question 42 0.4 pts Taxes cause the equilibrium price of a good to remain the same. increase. go down only for consumers decrease. go...
f contractionary monetary policy is used, then which of the following would be most likely to enhance the effect of the contractionary policy on aggregate demand? Interest rates would increase, leading to an exchange rate appreciation and a fall in net exports. Interest rates would decrease, leading to an exchange rate appreciation and a fall in net exports. Interest rates would decrease, leading to an exchange rate depreciation and a rise in net exports. Interest rates would increase, leading to...
Question 10 1 pts Assume that velocity is stable during a particular year. If the Fed increases the money supply by 2.5% and real GDP changes by 2.5%, the price level will change by: O approximately 21%. O approximately 4%. O approximately 10%. O approximately 2%. exactly 0%. Question 11 1 pts Suppose that the reserve requirement is 10%, and Jane Doe makes a deposit of $800,000 at her local bank. The maximum possible change in checkable deposits is and...
O Questi Questi ts Questi 1.67 pts Question 31 Questi Time Running: Estimates of U.S. job gains and losses due to free trade agreements Attempt due: Dec 2 Hours, 6 Minu show no change in jobs. ons show clear gains in the number of jobs. O show clear losses in the number of jobs. show mixed results, leading to no clear conclusion. Next • Previous The original European Economic Community was a free trade area, O had a common language....
l. The most fundamental economic problem is a) Scarcity b) Security c) Health ) The fact that the United States buys more goods from foreigners than we sell to foreigners 2. Scarcity is a situation in which a) People cannot satisfy all their wants. b) Most people can get only bare necessities c) People can satisfy all their wants. 3. Scarcity requires that people must a) Cooperate c)Trade b) Compete d) Make choices 4. Which of the following are considered...
16. to the wealth effect, an increase in the price level causes ease in real wealth and more purchases b. An incr C. A decrease d. rease in real wealth and fewer purchases se in real wealth and fewer purchases A decrease in r price level increase tends to reduce net exports, thereby reducing the amount of real goods a. The b. The international banner effect C. rvices purchased in the U.S. Economists refer to this phenomenon as international wealth...
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