Questions tagged 'Economics'
47 questions
Oct 27, 2024
Assume that jimmy cash has $2000 in his checking account at folsom bank and uses his checking account card to withdraw $200 of cash
Assume that Jimmy Cash has $2,000 in his checking account at Folsom Bank. He uses his checking account card to withdraw $200 in cash from the bank's ATM machine. By what dollar amount did the M1 money...
How do I find the net export?
You have been provided with the following data on the economy of Iberia: GDP was $100 billion, net taxes were $18 billion, government purchases of goods and services were $20 billion, household saving...
Oct 24, 2024
Economics Question. What happens when MC=ATC?
In the context of perfect competition and short-run profits, what occurs when marginal cost (MC) equals average total cost (ATC)? Is this situation indicative of the break-even point for firms in the...
If the dollar price of yen rises, then:?
If the dollar price of the yen rises, what does this imply? a) The yen price of dollars also rises. b) The dollar depreciates relative to the yen. c) The yen depreciates relative to the dollar. d) The...
An international treaty banning the import of diamonds is most likely to hurt the country of mexico sweden australia botswana
An international treaty that bans the import of diamonds is likely to have the most significant negative impact on Botswana, while also affecting Mexico, Sweden, and Australia. What are the potential...
Oct 11, 2024
Production possibilities frontiers curve when they are charted on a graph because they show a. the underutilization of resources.
Why does the production possibilities frontier (PPF) curve when charted on a graph? a. It illustrates the underutilization of resources. b. It shows the maximum possible output of goods and services....
personal finance help?
Name at least two ways in which financial planning can assist you. (0.5 points) What is trade? (0.5 points) What is a service? (0.5 points) Identify one of the three functions of money. (0.5 po...