Federal alcohol excise taxes are designed so that the alcohol content of beer and wine is taxed at a much lower rate than the alcohol content of distilled spirits. A: True B: False

Q: Need help with this and please show me how do to do the  graphs too, where to put the colors for…

A: Consumer surplus, also known as social surplus and consumer surplus, in economics, is the…

Q: Q.17. Which items are not included in M1 measure of Money Supply? A. Currency with public B. Coins…

A: M1 measure is one of the measurement of Money supply. M1 measure is also called as narrow money.

Q: The ABC Company recently started producing a new product, in addition to two others it has been…

A: First Cost of the Machine = 7000 Life = 5 years  Cost of required shed = 2000 Material Cost = 1.1…

Q: 1.5 Your firm, Content Friend, is similar to Happy Labourer, a Ghanaian firm that designs and…

A: Demand function shows inverse relationship between price and quantity demanded.

Q: A piece of machinery can be bought for Php 10,000.00 cash, or for Php2,000.00 down and payments of…

A: If the machine is to be bought in cash there will be no interest. But if it is bought on installment…

Q: (2) Graph the following given these two goods and their respective prices: books (units with per…

A: The indifference curve refers to points on a graph representing different quantities of two goods,…

Q: What is present worth

A: We know that Investment is the process of adding to the stock of capital assets with the expectation…

Q: In Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10…

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…

Q: If real GDP is $21 trillion and potential GDP is $20 trillion, how big is the output gap? ____…

A: Real GDP is the value of final goods and services produced in the year within the country, valued at…

Q: II. Determine the effect on equilibrium price and quantity sold if the following changes occur in a…

A: demand refers to the quantity of goods that a consumer wants to buy at a given price in a given…

Q: 12. What are the four factors of production? Thanks asap do it

A: Factors of production: -We know that  factors of production are the resources used to produce goods…

Q: Suppose that work hours in New Zombie are 200 in year 1 and productivity is $8 per hour worked. What…

A: Productivity is a measure of how effectively commodities or services are produced. Productivity is…

Q: D4.  Discuss two reasons why discretionary fiscal policy (expansionary & contractionary) may be…

A: Contractionary fiscal policy:- When the government either slashes expenditure or hikes taxes, it is…

Q: Your parents change their mind, and decide to make a matching offer. They will give $0.25 for every…

A: Budget constraint: Budget constraints are the limits of what is possible. That is, all possible…

Q: 4 p 2 casse ២ Reb Year 1950 1000 1970 1080 1060 2000 2010 2020 Participation Rates (Age 16 and…

A: The labor force, or currently active population, involves all people who satisfy the necessities for…

Q: Q4. Given Uniform Gradient Amount = 1.7E3 $ Effective Interest Rate = 0.07 (Unitless) Total…

A: Given  Uniform gradient amount = $1.7E or $1700 Effective interest rate =0.07 Total compounding…

Q: According to the law of demand, a. quantity supplied and quantity demanded are positively related.…

A: The law of demand holds that, all other things being equal (cetris peribus), the relationship…

Q: 3. Which point is much better?* O A, B,D, & F О A&B OE O C O A&D E Good X

A: The production possibility curve depicts various pairings of two items that can be produced in the…

Q: A student has money given by his grandfather in the amount of P67,000. How much money in the form of…

A: The formula to calculate the amount if the principal is deposited for n years at r% compounded…

Q: please answer asap

A: Considering that the estimates are based on a load analysis and the tank's design, the…

Q: Why does the labor force participation rate of men decrease? The labor force participation rate of…

A: Labour force participation rate implies the percentage of working age population that is in labor…

Q: 2. Solve the followings: 50 i= 10% (a) C = value at t = 0 75 i = 10% (b) F = value at = 4 100 80 120…

A: Present worth refers to an amount of money that to be invested at present to achieve a specific or…

Q: What is economics?

A: Answer: Economics refers to the social science that studies the concepts of production,…

Q: Price 101 8 6 3 20 Supply Demand 40 53.3 70 100 Quantity

A: Ans. Price Ceiling is the regulated price that is set by the government below the equilibrium price.…

Q: A piece of machinery can be bought for Php 10,000.00 cash, or for Php2,000.00 down and payments of…

A: Cost of Machine = 10000 Down Payment = 2000 PMT = 750 per year n = 15 Years

Q: Job-specific human capital In this problem, based on a simplified version of the model in…

A: There are two types of employees - Sickly & Robust  Probability of Sickly getting ill = ps…

Q: hat type of unemployment might older workers be more prone to experience? Explain how the…

A: Unemployment refers to the economic condition where a worker wants to work and capable but unable to…

Q: Suppose the economy begins at full employment and then consumer confidence rises. As a result, the…

A: Short Fall in the AD means economy facing unemployment which is above the natural rate of…

Q: Mr. Cruz borrowed P50,000.00 with interest at the rate of 15% payable annually. The debt will be…

A: Given that, Principle, P = 50000 Interest Rate = 15% Time period = 5Years

Q: What does each producer have an absolute or comparative advantage in?

A: Absolute advantage is the ability to produce goods and services at lower cost than the other person.…

Q: F(K, L) = AK¹/21/2 The capital and labor supply are equal to 100 each, A=10, G = 200 and T = 200.…

A: # Consumption: C = 90 + 0.7(Y-T)  # Investment: I = 250 - 20r # Production function: Y = AK1/2L1/2 #…

Q: Explain whether a patent should be used to provide an incentive for investors If your answer is…

A: A patent is an elite right conceded for a development, which is an item or a cycle that gives, as a…

Q: Which two policies that we discussed can create an excess burden? Price floors and price ceilings…

A: Price floors and price ceiling are two different price control measures adopted by the government in…

Q: 2. A present obligation of $20,000 is to be repaid in equal uniform annual amounts, each of which…

A: Present Obligation = 20,000 r = 10% n = 5

Q: In this market, the equilibrium hourly wage is , and the equilibrium quantity of labor is Suppose a…

A: A minimum wage is the lowest hourly wage that can be paid to a worker under federal law.The bare…

Q: Aaron has an option to choose from four forms of employment: full-time, part-time, contractor or…

A: In this case, we have to find out the total cost curve for four forms of employment choices i.e.…

Q: Sometimes price cuts can have an unintended result of consumers waiting for deeper discounts. What…

A: Change in Demand: Change in demand implies a situation when the demand for a good either increases…

Q: Barney deposits $3000 in goliath national bank for 3 year which earn him an interest of 8%. What is…

A: As given Present worth = $3000 and interest rate = 8% FV = PV(1+r)n where FV is future worth PV is…

Q: The table gives information from the Current Population Survey. Item Millions Labor force 161.1 6.8…

A: Meaning of Labor Economics: Here, the term labor economics refers to the scenario under which the…

Q: 5. Use the graph below to answer the following questions. 70 60 50 40 30 20 10 0 D1 S1 100 200 300…

A: (a). The equilibrium price is that price at which quantity demanded is equal to quantity supplied.…

Q: The demand curve is a line that depicts how the quantity demanded of a particular good varies with…

A: Since you have asked multiple questions, we will solve first question for you. If you want any other…

Q: Which of the following is a government function that regulates the economy to ensure that it…

A: We know that The government of a country is responsible for fair and smooth functioning in the…

Q: Mr. Cruz borrowed P50,000.00 with interest at the rate of 15% payable annually. The debt will be…

A: Present value of annuity factor can be calculated using the following formula: r = interest rate n…

Q: In the following table, indicate which areas on the previous graph correspond to each concept. Check…

A: Here we can see that the economy was an equilibrium at the point where the demand and supply curves…

Q: Which unemployment measure tells us if people are searching longer than usual to find a job?   How…

A: The U-1 measure of unemployment tells us the number of people who have been unemployed for at least…

Q: Summarize the 4 different phases of the business cycle.  List and explain three types of…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…

Q: 16. In the short run, the profit maximization for a firm in a perfectly competitive market would be:…

A: In the short-run, a perfectly competitive firm has an incentive to earn profit due to relatively…

Q: How would the DEMAND CURVE shift if there was… An increase in income and the good is a normal good A…

A: Demand curve shift if :-  1) An increase in the income and the good  being a normal good causes the…

Q: other steps could be taken to make people more knowledgeable about the journey that food takes from…

A: Food is a material that is mostly made up of nutrients such as protein, carbohydrates, and fat and…

Q: 6. Given below is the original demand and supply curves for movies which are D, and S, and the…

A: Equilibrium is the moment at which a market is stable in economics. The relationship between the…