which of the following would be a macroeconomic question?who is susie wargin married to

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B) There is much less disagreement among economists over normative economic analysis than over positive economic analysis. For schedule, refer to the archive link given below. Which of the following transactions represents the purchase of a final good? C) ensure safe imports. B) increase; less A) an increase in the money supply and a decrease in interest rates C) The purchasing power of your salary remained constant between 2007 and 2016. A. A) increase. D) depreciation. C) $140. B What is the optimal number of workers for an ice cream . D. the government, consumers, and producers B. how to make money in a market economy. If the economy is falling below potential real GDP, which of the following would be an appropriate fiscal policy to bring the economy back to long-run aggregate supply? Which of the following is not a factor of production? Marco's consumer surplus from the purchase is A) lower government purchases by an amount less than $200 billion. A) attainable On which base structure of economic problems has been installed? B. microeconomics. D) will raise disposable income and raise spending. The use of fixed costs to extract higher percentage changes in profits as sales activity changes involves. The use of market signals and government directives to select economic outcomes. During a business cycle expansion, total production ________ and total employment ________. C) Every individual, no matter how rich or poor, is faced with making trade-offs. D) unemployed persons falsely report themselves to be actively looking for a job. C) a strong foreign currency exchange rate. The production possibilities curve illustrates which two of the following essential principles? C. consumers D. constant opportunity costs as more and more of one good is produced. given up when we make a decision is called ____ of that decision Explain the pitfall of this statement. B. View Answer. Is way of analyzing decision-making processes caused by scarcity A) the free market. B) price charged for laptop computers by Dell. Micro Economic 100% (2) 176. E) States increase taxes to fund education. When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the marginal cost of producing it, ________ occurs A. how households and firms make choices. A) average price levels of goods and services in the economy. C) oil prices. C) Producer efficiency C. There is often a tradeoff between the two. What factor was most responsible for the development of Japan's comparative advantage in automobiles? What is the current national rate of unemployment? of disabled individuals to a less restrictive facility) also If North Korea is currently producing at effciency, and it proceeds to increase the size of its military, then, as long as nothing else changes, its A. A) the value of worn-out equipment, machinery, and buildings. D. Government intervention. B) increase in demand; increase in quantity demanded a. The 1994 agreement that eliminated most tariffs among the United States, Canada, and Mexico is known as B) Delta buys a new European-made jetliner. D) total welfare is greater. Grossprofit.Sellingexpenses..Administrativeexpenses.TotaloperatingexpensesIncomefromoperations.Otherincome..Incomebeforeincometax..Incometaxexpense..Netincome.20Y1$1,500,000510,000$990,000$270,000180,000$450,000$540,00060,000$600,000450,000$150,000$1,250,000475,000$775,000$200,000156,250$356,250$418,75050,000$468,750375,000$93,750. A) The demand curve for traditional camera film shifts to the right. B) an increase in quantity demanded. B) Trade Without Borders. c. Will a new type of electronic reader or tablet increase the number of buyers? D. A movement from the production possibilities curve to a point inside the production possibilities curve. What is Macroeconomics? A. Suppose a drought resulted in a major reduction in the California lettuce crop. C) a tank purchased by the federal government This change will______________ C) any level of the two products that the economy produces is currently possible. Show more. Which of the following economic activities are included in the subject-matter of Economics? The unemployment rate for the United States rose to 5 percent in the last quarter. B) discouraged workers A) GDP rises by $1,875. A) employed b. C) disposable personal income plus depreciation plus personal taxes. The three fundamental questions that any economy must address are D) the value of the services of the real estate agent, Which of the following goods is directly counted in GDP? The higher price caused the supply of sailboats to increase.". d. The "richest man in the world" does not face scarcity because he has more money than others, Indicate whether the following statements are examples of positive economic analysis or normative economic analysis B. Market failure. d. It is an example of the fallacy of composition, The field of economics that deals primarily with the factors that determine wage rates, employment, and unemployment is called: b. Solve homework. A. If, in response to a decrease in the price of coffee, the quantity of coffee demanded increases, economists would describe this as_______ Question: Which of the following is an illustration of a macroeconomic question? C) incorporates substitutions by consumers when prices of specific products rise rapidly. C. Production managers are more concerned with satisfying government's orders than with satisfying consumer wants. A city's decision to limit smoking in public areas is an example of C) The market system allocates goods and services to those who are able to pay for those products and therefore income is a limiting factor. For below problem geometric sequence given write the next three terms. a. Posted on February 28th, 2023 Last modified on February 28th, 2023 Comments. A) gross domestic product of Canada. Electric car enthusiasts want to buy more electric cars at a lower price. (B) important rather than trivial issues. C) an increase in taxes Which one of the following is a macroeconomic issue? Keynesian economics says that: (a) workers are paid for their ability to work, not for the value of what their labor creates. Which of the following is a normative economic statement? C) discretionary monetary policy. O a False O b. A) frictional unemployment b. D) efficient central planning. Which of the following individuals would be most negatively affected by anticipated inflation? B) the supply curve shifted to the left resulting in a decrease in the equilibrium price. Your grandfather tells you that he earned $7,000/year in his first job in 1961. \text{Admission}&\text{\$\hspace{10pt}60,000}\hspace{10pt}&\text{Number of admissions}&\text{\hspace{5pt}20,000}\\ If the BLS counted persons that are on active military service in the totals for employment, the labor force, or the working-age population, this would _______________ A) deadweight loss is maximized Step-by-step explanation. See Answer. C) an increase in the quantity supplied. Production possibilities curve will shift outward. A) taxes; interest rates Which of the following best describes an assumption economists make about human behavior? C. maintain equilibrium in the Balance of Payments. Maximum combinations of goods and services an economy can produce given its available resources and technology. If market signals result in pollution beyond the optimal level, then E) Discouraged workers are counted as unemployed. A) total employment is greater. 2. Bill Gates does not face scarcity because he is a billionaire B) in non-licensed shops and warehouses. Check your understanding of civil commitment by filling C) GDP deflator B) discretionary fiscal policy. Microeconomics is the study of D) only change GDP if the development occurs within the borders of the United States. To understand society and global affairs How should we produce goods and services? You will then have 50 minutes to answer all three of the following questions. The Government will decrease spending by $20 million and increase taxes by $15 million. When the laws about civil commitment emerged, D) a slowdown in the economy. If the nominal interest rate is 6% and the inflation rate is 9%, then the real interest rate is What were the macroeconomic principles or models that influenced your decision making?] This means. D. Who gets jobs; what wages do workers earn; and who owns what property? Maximum combinations of goods and services an economy can produce given its available resources and technology. D. it intensified competition. A) below the market wage, causing labor demand to be greater than labor supply. C. when something will be produced; why something will be produced C. The money you spent on tuition for the class. D. give more money to the government to solve its problems. The production possibilities curve between tanks and automobiles will shift outward. The opportunity cost of studying for an economics test is A tax is imposed on employers and workers that are used to fund Social Security and Medicare. Administrativeexpenses. Totaloperatingexpenses Incomefromoperations. Otherincome.. Incomebeforeincometax.. Incometaxexpense.. Netincome. David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Intro to Microeconomics (First Exam) (Chapter, Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. A) a demand curve has shifted to the left. A) the Income Security Tax. C) investment; consumption C) Yvette pays $50 to join a softball league. B) an increase in government spending Have the most political power. How does a market system prevent people from getting as many goods and services as they wish? B) the value of all cars produced by Ford in Mexico Allocative efficiency best explains ________, and productive efficiency best explains________. a. the government B) relative abundance of labor and capital. Which of the following is not one of the three core economic issues that must be resolved? B) the price level in 2016 was less than the price level in the base year. c. Is it sensible for a government to subsidize tobacco production? A. B) an expansionary; a contractionary B) increased income tax rates. D. Works because prices serve as a means of communication between consumers and producers. D) decreases; decreases. D) a decrease in the quantity supplied. D. marginal costs C) a decrease in taxes B) lower government purchases by $200 billion. B) remain the same. If the variables along the x-axis and y-axis move in opposite directions, there is a ________ relationship between the two variables. A: Economics is the study of production, distribution, and consumption when the resources are scarce in. It converts normative analysis into positive D) both U.S. GNP and German GDP. c. Walmart announced that it will increase its starting wage for employees to $10/hour by Feb 2016 Both discretionary fiscal policy and monetary policy are instruments that governments employ to control the economy. 19 If the short-run aggregate supply curve intersects with the aggregate demand curve at a point that is greater than the long-run . How does the increasing use of digital cameras affect the market for traditional camera film? C) There will be a decrease in the quantity of labor supplied by households. BOOK Market Leader intermediate 3rd edition. C) Toby buys a new lawn mower to use in his lawn care business. The purchasing. B) The demand for video game consoles would decrease and the equilibrium price of video game consoles would decrease. D) the plastic bags that Subway purchases to wrap its sandwiches. A) Starbucks purchases coffee beans. A) decrease the measured unemployment rate. Economists reason that the optimal decision is to continue any activity up to the point where the. B) the equilibrium quantity of sailboats increased." B) total consumption of goods is greater. d. The unemployment rate, Does the "richest man in the world" face scarcity, or does scarcity only affect those with more limited incomes and lower net worth? Markets are likely to do a better job of allocating resources than government directives. C) Corporate income taxes; excise and other taxes

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