What factors affected national income

Assignment Help Microeconomics
Reference no: EM13174523

WHAT FACTORS AFFECTED NATIONAL INCOME, UNEMPLOYMEY RATE AND INFLATION RATE WHAT FACTORS EFFECT EACH OF THESE ECONOMIC VARIABLES?

Reference no: EM13174523

Questions Cloud

Define supply curves : Suppose consumers' income is $50,000 and the price of satellite TV service is $90. At what price would the demand for cable TV services be 55,000 households?
Determine optimal outputs price and profits. : Assume that the two firms behave as Cournot Duopolists. Explaining the concept of best response or Creaction function, determine the best response function for each firm. Calculate the profit maximizing output of each firm and the market price.
Can the firm increase revenue by bundling : A firm has two prodcuts and two customers. Customer 1 is willing to pay $9 for Product A and $4 for PRoduct B. Customer 2 is willing to pay $7 for Product A and $5 for Product B.
Define product price of a product : A firm produces a product with a fully allocated average cost equal to $20.  If the price elasticity of demand for the product is -5,what should the product price be set at?
What factors affected national income : WHAT FACTORS AFFECTED NATIONAL INCOME, UNEMPLOYMEY RATE AND INFLATION RATE WHAT FACTORS EFFECT EACH OF THESE ECONOMIC VARIABLES?
What was the economic basis for the fed''s policy actions? : WHAT IMPACT DID THE POLICY ACTIONS HAVE ON THE FED FUNDS RATE? WHAT WERE THE FED'S CONCERNS FOR ECONOMIC GROWTH, HIGH UNEMPLOYMENT, PRICE STABILITY , INTERNATIONAL BALANCE.
What is the current inflation rate? : WHAT IS THE CURRENT AVERAGE NATIONAL INCOME? WHAT IS THE CURRENT UNEMPLOYMENT RATE? WHAT IS THE CURRENT INFLATION RATE?
Calculate the optimal output and profit : Suppose that Saudi Arabia lets other members of OPEC sell all the oil they want at the existing price which the Saudis set and other members accept. The daily world demand for OPEC oil is given by:P = 88 2Q
Calculate the price elasticity of demand? : The initial price of a cup of coffee at a local gas station on is $1, and at that price, 400 cups are demanded each day. If the price falls to $0.90 a cup, the quantity demanded will increase to 500 cups a day.

Reviews

Write a Review

Microeconomics Questions & Answers

  Style of an academic journal article

Write your paper in the style of an academic journal article. The in-class readings, as well as articles published in The Rand Journal,

  Determining optimal production level

What is the Marginal Cost? What is the Average Cost? What is the optimal production level where production costs are the lowest per unit?

  How many units of nuts will anthony demand

The price of good 1 (nuts) is $2 and the price of good 2 (berries) is $1. How many units of nuts will Anthony demand?

  Explain over drafts, reaping profit

WHAT IS THE BENEFITS OF "OVERDRAFT PROTECTION" PROGRAMS TO DESPOSITOR? HOW MAY THE "OVERDRAFT PROTECTION" PROGRAMS AFFECT THE CREDIT RISK THAT BANKS FACE?

  What are brand extensions

Are brand extensions an important brand-growth strategy or can they endanger brands? Perhaps start with a definition of brand extensions?

  Short run and long run decisions

Assume that you became president of small theater company. Your playhouse has the 120 seats and small stage. The actors have national reputations, and demand for tickets is enormous relative to number of seats available

  How big will that budget have to spend

How big will that budget have to be before he would spend a $1 buying a first cup of coffee?

  Money and exchange rates

Evaluate the money multiplier? The central bank decides to increase the money supply (M1) by $200 million through an open market operation.  How much should it buy in bonds?

  Social cost-benefit analysis

Briefly describe the major categories of expected benefits and expected costs from undertaking the project and explain how and where the value of human lives saved or lost might enter this analysis, and explain whether all of these effects are addr..

  Identify the new equilibrium price and quantity

Suppose there is a market for an industrial compound, Weon. This industrial compound is used as an input for production of cleaning agents.

  The market and total employment by firm

The market represented in exhibit above is allowed to operate freely, find the total employment in the market and total employment by the firm

  Supply and demand of ebay

Go to the internet auction site eBay at www.ebay.com and pick the category Jewelry and Watches, followed by Loose Diamonds and Gemstones, and then Diamonds, Natural.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd