Tag: Economics – Others

Provide a graphical representation pf how the presence of larger vehicles affect the efficient quantity of public goods in australia.
Explanation: The blue MSB curve represents marginal social benefit from the public good. The green MSC curve shows marginal social cost without larger vehicles; its intersection with MSB gives the efficient quantity Qe. The red dashed MSC’ curve shows higher marginal social costs when larger vehicles are present (higher damage, congestion, or maintenance costs), shifting the cost curve up and reducing the efficient quantity to Qe’. Thus, the presence of larger vehicles reduces the efficient quantity of the public good, holding benefits constant.

one component of a time series is cyclical variation. an example of cyclical variation is the business cycle that consists of periods

The policy of public funding for higher education has the effect of reducing economic inequality, true or false?◻ 1) True◻ 2) False

What does the model predict would happen to:
(10) output in the short run? (2 pts)
(11) prices (inflation) in the short run? (2pts)

Passive systems require that the offender on electronic monitoring wear a device that emits continuous signals for tracking.TrueFulse

If an excess quantity of labor is supplied at a particular wage​ level, the wage levelA.could be​ above, below, or at equilibrium.

If the market price is $25 in a perfectly competitive market, the marginal revenue from selling the fifth unit is
$125.
$1250.
$25.
$5.

Low, stable inflation is the primary goal of
inflation targeting.
IOBR.
discount lending.
reserve requirements.

Discuss the 3 sectors of the 3-sector circular flow model and their role in the circular-flow of production, income and expenditure

Suppose you run the following regression:yi-bar (y)=hat(β)1+hat(β)2(xi-(x‾))+hat(u)iWhat will be the value of hat(β)1 and hat(β)2.