Recently Asked Questions
A decrease in aggregate supple can lead to: unemployment, demand-pull inflation, cost-push inflation or prosperity . Choose 1 ans
Answer A decrease in aggregate supply can lead to unemployment. Aggregate supply is the amount of goods and services that producers are willing and able to provide in an economy. When aggregate supply...
A decrease in aggregate supple can lead to: unemployment, demand-pull inflation, cost-push inflation or prosperity
What Is Aggregate Supply? Aggregate supply is the total amount of goods and services that businesses in an economy are willing to provide at a given price level in a given period of...
A decrease in aggregate supple can lead to: unemployment, demand-pull inflation, cost-push inflation or prospeiryy
Answer: A Decrease in Aggregate Supply Can Lead to: A decrease in aggregate supply can lead to a variety of economic outcomes. These include unemployment, demand-pull inflation, cost-push inflation, and prosperity. Unemployment A...
what does the song bawal na gamot imlpy about drugs
What does the song “Bawal na Gamot” imply about drugs? The song “Bawal na Gamot” by the Filipino band Rivermaya implies that the use of drugs is bad and should be avoided. The...
Reasons to buy stock in Union Bank of the Philippines inc.
Answer: Reasons to Buy Stock in Union Bank of the Philippines Inc. Union Bank of the Philippines Inc. (UBP) is a popular choice for investors looking to buy stock in a stable, well-established...
Features of international public organisation and institutions
Features of International Public Organisation and Institutions Summary International public organisations and institutions are entities that operate across multiple countries and have the authority to create and enforce laws and regulations. They have...
Roles of international public administration in international development: Peace, unity, economic cooperation, social mobilization and integration
Answer: The roles of international public administration in international development are manifold and multifaceted. International public administration works to promote peace, unity, economic cooperation, social mobilization and integration. These elements are essential for...
Administrative processes (management and personnel) of international public administration
Answer: Administrative Processes of International Public Administration International public administration encompasses a range of processes and procedures that govern the management and personnel of public entities. These processes are designed to ensure the...
Functions, scope, enabling law and independence of international public administration
Summary International public administration (IPA) is a field of study integrating public administration and international relations. It focuses on the functional scope, enabling law, and independence of public administration in a global context....
Organisational structures and forms of International public administration
Organisational Structures and Forms of International Public Administration International public administration is the practice of managing public programs and services on a global scale. It involves the coordination of activities between governments and...
The Jaguar Bank of Indianapolis (JBI) starts operations on January 1, 2022 issuing equity amounting $100. JBI advertises an annual interest of 4% for its savings deposits, paid annually, and free checking accounts (i.e., no maintenance fee). On the first day of operations, JBI receives a total of $150 as checking deposits and $750 as savings deposits. The bank lends $700 for an annual interest rate of 8%. It purchases treasury bonds worth $150 which earns 5% per annum. JBI maintains $100 at the Fed and keeps the remaining liquidity in cash reserves. Federal Reserve pays 4.5% interest on JBI’s reserve account. However, JBI does not pay interest on checking accounts of its customers. JBI’s operational expenses during its first year of operations is $18 and the corporate tax rate is 25%. Shareholders of JBI receive 10% dividends. A customer withdraws $170 from her savings account. To pay that amount back, the Bank sells its Bonds portfolio for $120 making a loss of $30 and withdraw another $50 from the account at Fed. Find the following. Find equity ratio
Answer: Equity Ratio The equity ratio of the Jaguar Bank of Indianapolis (JBI) is calculated by dividing total equity by total assets. Total equity is the difference between total assets and total liabilities,...
The Jaguar Bank of Indianapolis (JBI) starts operations on January 1, 2022 issuing equity amounting $100. JBI advertises an annual interest of 4% for its savings deposits, paid annually, and free checking accounts (i.e., no maintenance fee). On the first day of operations, JBI receives a total of $150 as checking deposits and $750 as savings deposits. The bank lends $700 for an annual interest rate of 8%. It purchases treasury bonds worth $150 which earns 5% per annum. JBI maintains $100 at the Fed and keeps the remaining liquidity in cash reserves. Federal Reserve pays 4.5% interest on JBI’s reserve account. However, JBI does not pay interest on checking accounts of its customers. JBI’s operational expenses during its first year of operations is $18 and the corporate tax rate is 25%. Shareholders of JBI receive 10% dividends. A customer withdraws $170 from her savings account. To pay that amount back, the Bank sells its Bonds portfolio for $120 making a loss of $30 and withdraw another $50 from the account at Fed. Find the following. Find total liabilities
Answer: Total Liabilities of Jaguar Bank of Indianapolis (JBI) The total liabilities of the Jaguar Bank of Indianapolis (JBI) is the sum of all the money it owes to outside entities, such as...
The Jaguar Bank of Indianapolis (JBI) starts operations on January 1, 2022 issuing equity amounting $100. JBI advertises an annual interest of 4% for its savings deposits, paid annually, and free checking accounts (i.e., no maintenance fee). On the first day of operations, JBI receives a total of $150 as checking deposits and $750 as savings deposits. The bank lends $700 for an annual interest rate of 8%. It purchases treasury bonds worth $150 which earns 5% per annum. JBI maintains $100 at the Fed and keeps the remaining liquidity in cash reserves. Federal Reserve pays 4.5% interest on JBI’s reserve account. However, JBI does not pay interest on checking accounts of its customers. JBI’s operational expenses during its first year of operations is $18 and the corporate tax rate is 25%. Shareholders of JBI receive 10% dividends. A customer withdraws $170 from her savings account. To pay that amount back, the Bank sells its Bonds portfolio for $120 making a loss of $30 and withdraw another $50 from the account at Fed. Find the following. Find liabilities
Answer: JBI’s Liabilities The Jaguar Bank of Indianapolis (JBI) had a total of $150 in checking deposits and $750 in savings deposits on the first day of operations. JBI also had $700 in...
If, with proportional taxes on labor income, there is an equilibrium with a high tax rate, and an equilibrium with a low tax rate, the government should always choose the lower tax rate, as this makes the consumer better off. it is irrelevant what tax rate the government chooses. the economy cannot function. the government should always choose the higher tax rate, as this makes the consumer better off.
Answer: Proportional Taxes on Labor Income Proportional taxes on labor income is a taxation system based on the idea that the tax rate should be equal for all income earners, regardless of their...
When Ellie was younger, she used to buy comic books in a perfectly competitive market, where neither supply nor demand is perfectly elastic or perfectly inelastic. Use this information for all questions with the title “Perfect Comictition”. Assume each question is independent (e.g., whatever happened in prior questions doesn’t apply). You observe that a large supply increase causes a large change in price but a small change in quantity demanded. What could explain this? (Choose one option) (a)Comic expenditure represents a large share of consumer income. (b)Comics are a luxury. (c)Comics have few substitutes. (d) None of the above.
Answer: (c) Comics Have Few Substitutes When Ellie was younger, she used to buy comic books in a perfectly competitive market, where neither supply nor demand is perfectly elastic or perfectly inelastic. This...
When Ellie was younger, she used to buy comic books in a perfectly competitive market, where neither supply nor demand is perfectly elastic or perfectly inelastic. Use this information for all questions with the title “Perfect Comictition”. Assume each question is independent (e.g., whatever happened in prior questions doesn’t apply). (Perfect Comictition) You observe that a large supply increase causes a large change in price but a small change in quantity demanded. What could explain this? When Ellie was younger, she used to buy comic books in a perfectly competitive market, where neither supply nor demand is perfectly elastic or perfectly inelastic. Use this information for all questions with the title “Perfect Comictition”. Assume each question is independent (e.g., whatever happened in prior questions doesn’t apply). (Perfect Comictition) You observe that a large supply increase causes a large change in price but a small change in quantity demanded. What could explain this? Comic expenditure represents a large share of consumer income. Comics are a luxury. Comics have few substitutes. None of the above.
Answer This phenomenon can be explained by the fact that comic expenditure represents a large share of consumer income, making comics a luxury item with few substitutes. Supporting Subsections Comic expenditure represents a...
Graphically present the structure of international public administration
Structure of International Public Administration International public administration is a complex system of governance that involves a range of international organizations, political, and socio-economic institutions. It involves the development and implementation of global...
Ratio decidendi
What is Ratio Decidendi? Ratio decidendi is Latin for the “reason for the decision.” It is a legal principle that serves as the basis for a court’s judgment in a particular case, and...
How do you prove the existence of customary law
Answer: What is Customary Law? Customary law is a system of laws and regulations that is based on custom, rather than on written law. It is not codified or written down, but is...
Differentiate law from morality
What is the Difference Between Law and Morality? The difference between law and morality is that law is a set of rules passed by a governing authority, while morality is an individual’s personal...
Show the following on the PPF diagram below: An increase in quantity of hats made from point C (label D) An increase in technology to make pies (in blue) An increase in hours worked (in red)
What is a PPF Diagram? A PPF diagram, also known as a Production Possibility Frontier, is a graph that shows the maximum possible output combinations of two goods or services given the same...
Aaron plans to invest $20,000 at the end of Year 1, $44,000 at the end of Year 2, and $53,000 at the end of Year 3. You want to have the same amount of money as Aaron three years from now, but you want to make one lump sum investment today. What amount must you invest today if you both earn 9.7 percent per year, compounded annually?
Answer The amount you need to invest today to have the same amount of money as Aaron three years from now is $67,826. This is calculated by taking the total amount that Aaron...
You expect an investment to return $11,300, $14,600, $21,900, and $38,400 annually over the next four years, respectively. What is this investment worth to you today if you desire a rate of return of 16.5 percent?
Answer: The present value of the investment is $61,603.22. This is calculated by taking the expected returns of the investment over the four years and discounting them by the rate of return desired....
Vaughn borrowed $5,000 for five years at an APR of 6.2 percent. The loan calls for equal, annual principal payments. Interest will also be paid annually. What will be her loan payment in Year 2?
Answer: Vaughn’s Loan Payment in Year 2 Vaughn’s loan payment in Year 2 will be $1,056.40. This is calculated by multiplying the original loan of $5,000 by the annual interest rate of 6.2%...
Show the following on the PPF diagram below: An increase in quantity of hats made from point C (label D) An increase in technology to make pies (in blue) An increase in hours worked (in red)
Answer: PPF Diagram The PPF diagram, or Production Possibilities Frontier, is a graphical representation of the different combinations of goods and services that can be produced within an economy given the available resources...
: What area(s) represent the seller’s surplus on the figure below? FIG – Seller surplus question
Answer: Seller Surplus Seller Surplus is a term used in economics to describe the difference between what a consumer is willing to pay for a good or service and what the seller is...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 Jacob’s opportunity costs of meals (in web pages) Answer 2 Molly’s opportunity costs of meals (in web pages) Answer 3 Jacob’s opportunity costs of web pages (in meals) Answer4 Molly’s opportunity costs of web pages (in meals) Answer 5 .. Jacob’s comparative advantage
Answer 1: Molly’s Comparative Advantage Molly has a comparative advantage in meals, as she is able to produce 3 meals per hour, while Jacob can only produce 1 meal per hour. This means...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
Answer Summary Molly has a comparative advantage in producing meals, while Jacob has a comparative advantage in producing web pages. Molly’s opportunity cost of meals is 2/3 web pages, and Jacob’s opportunity cost...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
Answer Summary Molly and Jacob have different levels of productivity for meals and web pages. Molly has a comparative advantage in meals while Jacob has a comparative advantage in web pages. The opportunity...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
Opportunity Costs and Comparative Advantage Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action. Comparative advantage is the ability of an individual or...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
What are Opportunity Costs and Comparative Advantage? Opportunity cost is the value of the next best option that a person or business gives up when they make a choice or decision. Comparative advantage...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
What is opportunity cost and comparative advantage? Opportunity cost is the cost of passing up the second best alternative when you make a decision. Comparative advantage is the ability of a party to...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
Summary of Opportunity Costs and Comparative Advantage An opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action. Comparative advantage measures the efficiency of...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
What is Opportunity Cost and Comparative Advantage? Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action. Comparative advantage is the ability of a...
Answer the following regarding opportunity costs and comparative advantage using the table below. Molly’s and Jacob’s Productivity Meals per Hour Web Pages per Hour Molly 3 2 Jacob 1 3 Molly’s comparative advantage Answer 1 1/3 Jacob’s opportunity costs of meals (in web pages) Answer 2 3 Molly’s opportunity costs of meals (in web pages) Answer 3 2/3 Jacob’s opportunity costs of web pages (in meals) Answer 4 3 Molly’s opportunity costs of web pages (in meals) Answer 5 Choose… Jacob’s comparative advantage
Summary Molly and Jacob have different levels of productivity when it comes to making meals or web pages. Molly has a comparative advantage in meals, and Jacob has a comparative advantage in web...
Put the following in order of value that would have a trade occur price buyers valuation and seller valuation
Order of Value for Trade to Occur The order of value for a trade to occur is buyer’s valuation, price, and seller’s valuation. The buyer’s valuation is the amount the buyer is willing...
The price of peanut butter increases from $3.50 to $4.00 per jar, and the quantity of jelly demanded falls from 35 jars to 28 jars. Using the midpoint formula, calculate the cross-price elasticity of demand. Report your answer to two decimal places.
Answer: Cross-Price Elasticity of Demand The cross-price elasticity of demand measures the responsiveness of the quantity of one good demanded to a change in the price of a different good. It is calculated...
The price of peanut butter increases from $3.50 to $4.00 per jar, and the quantity of jelly demanded falls from 35 jars to 28 jars. Using the midpoint formula, calculate the cross-price elasticity of demand. Report your answer to two decimal places.
Answer The cross-price elasticity of demand for peanut butter and jelly is -0.71. This means that when the price of peanut butter increases, the demand for jelly decreases. Calculation of Cross-Price Elasticity of...
a commercial forest planted to provide raw material inputs into a wood pulp mill would be viewed by economists as
Answer: Economists view a commercial forest planted to provide raw material inputs into a wood pulp mill as a type of capital investment. This is because the initial costs, such as planting and...
true or false. in the following hypothetical country, laptops and mobile phones are produced using the country’s resources, if at the resources are used the country can produce the following combination of laptops and mobile phones: the information in the table shows that the opportunity cost of increasing the production of laptops from the loss of the production of mobiles. the opportunity cost of increasing the production of laptops is therefore 18 000 mobile phones.
Answer: True or False: In a Hypothetical Country, Laptops and Mobile Phones are Produced Using Country Resources The statement is true. The information in the table shows that the opportunity cost of increasing...