Explain with the support of graph(s), demand-pull and cost push inflation

Q: 9. Suppose China can produce 60 units of medications or 60 units of furniture with one unit of…

A: In China, 1 unit of resource can be used to produce 60 units of furniture (F) or 60 units of…

Q: Consider an AD-AS model with AD curve Y - Y* = -ay(π − π*) + €d and AS curve π = π² + OB(Y - Y*) +…

A: Aggregate supply refers to the cumulative quantity of a firm's production and selling, or the real…

Q: Suppose you spend five hours studying for your final exam. In the first hour, you manage to review…

A: Factors of production are very significant in the establishment of relationship between input and…

Q: Sam wants to borrow $20,000 for a car. The payment terms are calculated at 12% interest, compounded…

A: Given  P =$20,000 r = 12% compounded monthly  n=5  We have to calculate monthly payment (A) “Since…

Q: Recent economic reports forecast an increase in the interest rate, which likely increases…

A: Aggregate demand is affected by the change in the rate of interest. Higher rate of interest leads to…

Q: Consider a simple economy that produces two goods: pens and erasers. The following table shows the…

A: "Nominal GDP is the GDP value which does not take into account inflation adjustments and is computed…

Q: You need to take a trip by a car to another town that you never visited before. Therefore, you are…

A: Network model can be understood as totality of nodes and arcs. It is considered as a flexible model…

Q: 1. Let Amy derive utility each from housing, h, and a consumer good, z, with the following utility…

A: Utility function : U = h1/3 z2/3 h* = M/3ph  , z* = 2M/ 3pz  Income = 160  Commute Cost = 40  Pz = 1…

Q: game is played with complete information, is a tit-for-tat strategy case? Explain using your own…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first 3 question for you. If…

Q: 3. Setup costs involves: a. costs of staff posted for ordering of goods b. expenses incurred on…

A: The expense of preparing a machine to produce a product with different qualities from the one it is…

Q: please explain if labour force falling causes a participation rate to decrease?

A: In the labor market, participation rate refers to the total number of individuals whose age ranges…

Q: The Paunch Burger restaurant chain currently produces 250,000 units of output by using 2,400 units…

A: Marginal rate of technical substitution =  - Change in capital / Change in labor

Q: after 2 years

A:

Q: You are doing research on yield curves related to the spot rates of several different countries. You…

A: A yield curve refers to a curve that reflects the relationship between the yield or the interest…

Q: what is A $100 1 0 2 to make two cash flow diagrams equivalent, at i = 10%? A 4 5 6 7 8 0 1 2 3 5 7…

A: Cash flow is the motion of cash inside and out of a company. Cash obtained indicates inflows, and…

Q: economic problems is a result of( resources are unlimited and wants are limited it is true or false…

A: The measure that depicts the area of production, trade, distribution and consumption of services and…

Q: A purchase of a new machine is being evaluated. If we assume 12% annual interest, what is the…

A: We have  P=$30,000 Annual Maintenance cost = $1500 Salvage value F=$5000 Life of machine n =6 years…

Q: A machine would cost $90,000, and would generate revenues of $19,000 per year. However, O&M costs…

A: Given  Cost of machine = $90,000 Revenue = $19,000 per year  O&M cost = $6000 per year  MARR=10%…

Q: Ventura county there is an oligopolistic market, where each company has a kinked demand curve, then…

A: The kinked demand bend developer was American economist Paul Sweezy and has become crucial in…

Q: Consider the model of competitive insurance discussed in lectures (Topic 6.7). Peter is a risk…

A: Utility function can be defined as the measure for a group of goods and services preferred by…

Q: To what extent do you agree with the statement that a monopoly is always a worse situation for…

A: A monopoly is a market structure where there is a single seller and many buyers.

Q: George has just finished the cost analysis of a brass pump with and without an interior coating. The…

A: Here, it is given that George made an analysis of the use of interior coating in. Brass pump as…

Q: consumer has set a budget of $600 for the consumption of good X and Y. The price of Good X is $20,…

A: Equilibrium condition: MUx/MUy = Px/Py

Q: How much money would have to be placed in a saving account each year to replace machine costing…

A: Present worth (PV) is the ongoing worth of a future amount of cash or stream of incomes given a…

Q: Let's assume that in Ventura, a toaster company was manufacturing 3,000 units of toasters at the…

A: Introduction Economies of scale means that as a producer increases the quantity produced/output, the…

Q: What is the economic mechanism assuring that the consensus mechanism works so that all miners would…

A: Economic mechanism: It is an instrument used by various companies to grow. This instrument is a…

Q: Country A follows a fixed exchange rate policy that pegs its currency to the currency of country B,…

A: We consider country A as the domestic country and country A's currency as the domestic currency for…

Q: You have been given the banking and financial data in the following table. Your boss wants you to…

A: M1 money supply is the most liquid form of money that is readily available to make transactions and…

Q: In a market where firms are monopolistically competitive: Group of answer choices There is one firm…

A: Introduction Monopolistic Competition. It a market where many firm producing the similar product but…

Q: why is this true or false Consider countries A and B, with A having a higher population growth rate…

A: Steady state is reached change in the per capita variables are zero or there is no change in the per…

Q: Which of he following sections of an insurance contract limits coverage? A.Waiver of Premium…

A: An insurance contract is an agreement between two parties, one of whom is known as the insurer and…

Q: Complete each statement. 9. Before an entrepreneur can open the doors of a business, he or she must…

A: An entrepreneur is the person who enters into the market with something new in terms of product,…

Q: Question 26 Consider a closed economy. A decrease in the price of goods that firms produce and an…

A: In the closed economy, any change in consumption and investment will lead to affect the market…

Q: This graph shows the seasonal factor taken out of the series after performing the decomposition.…

A: In the given graph, the data is centered at 0 to make it consistent. This is because of the reason…

Q: QUESTION 12 What type of products are made using the principle of allocative efficiency? a. Those…

A: Allocative efficiency is one the principle efficient production is based on.

Q: Consider a two-firm model with a negative production externality. Let xi denote firm i’s output,…

A: Nash equilibrium is defined as the stable equilibrium that can be achieved because of the…

Q: Question 6.2 1 You purchased an industrial oven five years ago for $80,000. O&M costs were $20,000…

A: Economic life refers to the duration or the number of years that an asset such as a machine remains…

Q: What are Nash Equilibria in the following game? Select all that apply Pizza Jazz 7 meats Seafood…

A: We have 3×3 simultaneous move game between two players.

Q: Problem # 52: Ceteris paribus, briefly illustrate the effect of the decline in labor supply on the…

A: As we know Factors of production's demand and supply are determined by the price of the inputs or…

Q: One characteristic of all markets is that they are places of exchange focused on local products…

A: A market is a type of place wherever manufacturers, all types of distributors, or retailers sell,…

Q: Brett started a new construction business in April 2020. In connection with the new business, he…

A: Brett's construction company launched in April 2020.In June 2020, he bought a new backhoe for…

Q: How did you arrive at the new unit productivity percentage of 17.75?

A: Introduction The productivity of a production system is similar to the efficiency of the production…

Q: ccording to Budget 2022-23, the Australian government is planning to “Building the skilled workforce…

A: Answer -

Q: One should expect the forward exchange market to flourish Question 6 options: A) under a flexible…

A: Introduction In Forward exchange market where a contract is signed and the seller is agrees to sell…

Q: In these neighborhoods, Sale price of Comparable 1,2,3 are worth about $1,250,000; $1,800,000 and…

A: The selling price of a product or the service refers to the ultimate price set by the seller, i.e.,…

Q: 5. Suppose there is a Chinese firm that could produce a "widget" at a cost of 9qw, where qw is the…

A: In the monopoly market, there is a single seller of the good. The good that the monopolist sells has…

Q: retailer of mobile phones in Australia that works 250 days in a year. The manager would like you to…

A: Economic order quantity (EOQ) is a computation companies perform that shows their ideal order size,…

Q: A country engages in open international trade with other countries for goods and services and relies…

A: Currency Depreciation: It refers to a situation in an economy that leads to a reduction in the…

Q: Assets Liabilities Reserves Deposits $1,000 Loans $970 Total $1,000 Total $1,000 The above table…

A: Here, the given balance sheet shows the required reserves, loans, and deposits in the balance sheet…

Q: Consider a simple economy that produces two goods: pens and erasers. The following table shows the…

A: Nominal GDP = Price of pens * Quantity of pens + Price of erasers * Quantity of erasers Real GDP =…