Microeconomics

ECON 2301 Week 5 Discussion | Assignment Help | Central Texas CollegeDiscussion Board 2As a response to structural unemployment due to AI (artificialintelligence), Democratic Presidential candidate Andrew Yang proposes "the Freedom Dividend," a universal income of $1000/month per citizen. What do you think of this proposal?Consider any of the following in your answer: Unemployment, aggregate demand, economic growth, structural unemployment, labor

8 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 4 Quiz 9 | Assignment Help | Central Texas CollegeReview Test Submission: Quiz 9• Question 1 If $500 of new reserves generates $1000 of new money in the economy, then the money multiplier is Selected Answer: b. 2 and the reserve ratio is 50 percent.Answers: a. 0.5 and the reserve ratio is 2 percent. b. 2 and the reserve ratio is 50 percent. c. 0.5 and the reserve ratio is 50 percent. d. 2 and the reserve ratio is 2 percent. • Q

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 4 Quiz 8 | Assignment Help | Central Texas College• ECON 2301 Week 4 Quiz 8• • Question 1 Economists have developed models of risk aversion using the concept of a. Income and the associated assumption of increasing marginal wealth. b. Income and the associated assumption of diminishing marginal wealth. c. Utility and the associated assumption of diminishing marginal utility. d. Utility and the associated assumption of increasing

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 3 Quiz 7 | Assignment Help | Central Texas CollegeReview Test Submission: Quiz 7• Question 1 Figure 26-2. The figure depicts a supply-of-loanable-funds curve and two demand-for-loanable-funds curves. r Refer to Figure 26-2. Which of the following events would shift the demand curve from D1 to D2?Answers: a. The government goes from running a budget deficit to running a budget surplus. b. A change in the tax laws encourages people

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 3 Quiz 6 | Assignment Help | Central Texas CollegeReview Test Submission: Quiz 6• Question 1 In order to promote growth in living standards, policymakers must Answers: a. Maintain political stability. b. Encourage the accumulation of factors of production. c. Protect property rights. d. All of the above • Question 2 Japan is Answers: a. a middle-income country, and over the past century its rate of economic growth has been lowe

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 2 Quiz 5 | Assignment Help | Central Texas College• Question 1 Which of the following is an example of an efficiency wage? Answers: a. a high wage paid to a college graduate for a high-skill job such as electrical engineering b. a high wage paid to compensate for dangerous work such as coal mining c. an above-equilibrium wage offered by a firm to attract a more talented pool of job applicants d. a wage below the minimum wage but s

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 2 Quiz 4 | Assignment Help | Central Texas CollegeReview Test Submission: Quiz 4 • Question 1 Beth, an American citizen, travels to Italy on vacation and buys an espresso machine to bring home. Her purchase increases Answers: a. Italy's GDP. b. Neither U.S. nor Italy's GDP, since the product was bought in one country and used in another. c. Italy's GDP and U.S. GDP, since Beth spent dollars buying the machine. d. U.S. GDP since

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 2 Discussion 2 | Assignment Help | Central Texas CollegeDiscussion Board 2As a response to structural unemployment due to AI (artificialintelligence), Democratic Presidential candidate Andrew Yang proposes "the Freedom Dividend," a universal income of $1000/month per citizen. What do you think of this proposal?Consider any of the following in your answer: Unemployment, aggregate demand, economic growth, structural unemployment, lab

8 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 1 Quiz 3 | Assignment Help | Central Texas CollegeReview Test Submission: Quiz 3• Question 1 A binding price floor will reduce a firm's total revenue Answers: a. always. b. when demand is elastic. c. never. d. when demand is inelastic. • Question 2 A binding minimum wage Answers: a. has no effect on the quantity of labor demanded or the quantity of labor supplied. b. causes only temporary unemployment because the market will a

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021

ECON 2301 Week 1 Quiz 2 | Assignment Help | Central Texas College• Question 1 A leftward shift of a supply curve is called a(n) Answers: a. Decrease in supply. b. Increase in supply. c. Increase in quantity supplied. d. Decrease in quantity supplied. • Question 2 A decrease in the price of a good will Answers: a. Increase quantity demanded. b. Increase demand. c. Decrease quantity demanded. d.

5 Accounting & Economics Assignment Help / Microeconomics Central Texas College / ECON 2301 30 Apr 2021