The appropriate monetary policy to boost an economy is:
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Spyridon Terzis, AUTH, Greece According to Statistics Canada, bananas' prices in this country have been almost stable between June 2021 and June 2022. They seem to be immune to inflation, that has affected most of the products, especially agricultural ones and those that are highly dependent on tran
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Mary finds a new teacher who helps her increase her studying productivity per hour. It would:
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Mark's utility function is: U = p0.6 · f0.4, where p is present consumption and f is future consumption. His best feasible choice is to consume 100 now and100 in the future. Define the interest rate Mark faces.
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Peter the barber reduced his consumption and concentrated wealth, changing his life. This experience leads almost all the residents of his village to reduce consumption, starting by reducing their haircut expenses, leading Peter to poverty. This is an example of:
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I own 20,000 stocks of Increases SA, and10,000 stocks of Incrisis SA. While Increases SA was growing by 9% per year, Incrisis SA was shrinking by 9% per year. How many years prior (approximately) my portfolio was allocated 50-50?
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Imagine you are in a hypothetical world where you are asked to design your model society. There will be two groups or classes of equal size, one called "richer" and the other "poorer." You will get to live in the society you design after you have answered the question "how rich should the richer cla
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This figure depicts a market (demand–D and supply–S) of a good. Consumers' disposable income increases by 20% and the equilibrium moves from point E1 to E2. Initial demand (D1) is linear and price elasticity of demand satisfies |ED| = 1 at point E1. The income elasticity (EY) o
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Consider a small island, only trading with two shipowners. They only appear if they can use the total capacity of their ships. Each one of them has two ships. They never send both their ships. Price p is the same for all parts of the market. For any tree a farmer maintains, they can collect 20 units
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Fertilopia's land can produce 9 tons of wheat or 6 tons of cotton per hectare. Povertopia's land can only produce 3 tons of wheat or 3 tons of cotton per hectare. Should they consider cooperation and specialization?
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WiCland's aggregate demand is given by the following equation: AD = c0 + c1 · (1 - t) · Y + I + G + X - m · Y c0 = 200, c1 = 0.7, I = 300, G = 400, X = 200, m = 0.15 If a budget deficit of 3% of the GDP is the highest acceptable, then Y could be:
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(Introduction to the following question) Carbon Credit Market – Tomas Aguirre, Brazil Read the beginning of the following The Guardian article: Revealed: More than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows The forest carbon offsets approved by the world's lea
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Christos, UTH, Greece Breaking Bad is a well known TV series (AMC, 2008 – 2013). A peaceful chemistry teacher diagnosed with inoperable lung cancer turns to (illegally) manufacturing and selling methamphetamine with a former student in order to secure his family's future. This is a dramatic change o
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Which of the following events is NOT related to a bubble?
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A village of 400 residents records a 5% unemployment rate. The Mayor, following an expansive fiscal policy, hires 10 unemployed people to plant flowers in the Central Park of the village. Unemployment rate might have decreased to:
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(Introduction to the following question) Carbon Credit Market – Tomas Aguirre, Brazil Read the beginning of the following The Guardian article: Revealed: More than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows The forest carbon offsets approved by the world's lea
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Which of the following is a non-excludable public good:
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Is WinterChallenge inefficient? (data are non-applicable in reality) Consider a typical WinterChallenge participant gaining the following utilities for their WiC experience: +5 for participation +4 for cooperation with 4 teammates +0.01 x i for experience exchange with i more participants in the WiC
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Consider a market where: QD = 80 - 20 · P и QS = 40 + 20 · P Если правительство вводит налог в $1 за единицу продукции, это приведет к потере благосостояния (deadweight loss). Её значение будет:
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Mike uses metro to travel around his city. He finds out that the marginal cost of the metro ride is 1. He thinks that tickets could cost1, although all tickets are sold for $2. Since he is studying economics he understands that it could NOT be explained due to:
