Tag: Economics – Others

Question 22 (5 points)
Explain the pros and cons of using marginal cost pricing to regulate a natural monopoly. Explain the pros and cons of using average cost pricing to regulate a natural monopoly. Which one do you think is better in the long run for consumers?

If the economy is facing a recession, the Fed will want to use monetary policy to encourage banks to make:fewer loans, which (all else equal) will decrease spending in the economy.more loans, which (all else equal) will increase spending in the economy.

In 2018, President Trump levied tariffs of 10 percent on Chinese products, and, in return, China placed tariffs on $60 billion in U.S. goods. This is an example of which of the following?
Question 22 options:
Trade agreement
Trade war
Trade negotiations
Trade group

5 of 25 Concepts completed
(i) Multiple Choice Question
The distinction between an increase in output versus an increase in discussing
real GDP
modern economic growth
purchasing power parity
nominal GDP
Need help? Review these concept resources. Read About the Concept

Two unconventional monetary policies areGroup of answer choices
open market operations and quantitative easing.
quantitative easing and the zero lower bound.
the liquidity trap and negative nominal interest rates.
quantitative easing and negative nominal interest rates.

A soft peg policy typically allows the exchange rate to move up and down by relatively small amounts in _________________, but seeks to avoid extreme short-term fluctuations.
Question 36 options:
1) the market exchange
2) the medium run
3) the long run
4) the short run

In the event that an individual is no longer capable of making​ decisions, they can assign this responsibility​ to: ​(Select the best answer​ below.)
A.any person they select.
B.only an immediate family relative.
C.only an attorney.
D.the attending doctor or lawyer.

Suppose that when the price of cable television service rises by 10 percent the number of cable television subscribers falls by 15 percent. We can conclude that cable television service hasan elastic supply.an inelastic supply.an inelastic demand.an elastic demand.

The distributional dimension of a policy instrument concerns the regressive/progressive impacts on society across multiple dimensions. These dimensions are (select all that apply):
income classes
regions
ethnic groups
generations
intelligence quotient
occupation type

If US goods cost one dollar for each euro German goods costs, the real exchange rate would be computed as how many German goods per U.S. goods?
one
the price of the U.S. goods
the amount of euros that can be bought with one U.S. dollar
None of the above is correct.