Explain how the Keynesian view differs from the classical view with respect to saving. Explain further how the two views differ with respect to investment

Q: The cost of employer-sponsored health care benefits are expected to approach $16,800 per employee ne...

A: Opportunity cost refers to the next available option that would have been chose in the absence of th...

Q: Draw the indifference curves when X is fake news or hoax, Y is journalist’s work winning the Pulitze...

A: Optimal choice - It is the best combination of goods which will lead to the best satisfaction of the...

Q: How did the information revolution affect modern society?

A: Information revolution led to the age of the internet where optical networks of communication play a...

Q: 5 Linear stages theory, Structural-change model (Lewis two-sector model), International dependence/d...

A: Since you have posted multiple questions, we will answer the first question for you. If you want any...

Q: 11. An amount of P 250,000 is now deposited into a savings account that earns 12% compounded continu...

A: Given: Initial amount=P250,000 Interest rate=12% compounded continuously Number of years=5 Withdrawa...

Q: Suppose the price of a product increases from $12 to $20 and the quantity demanded falls from 55 a w...

A: Price elasticity of demand measures the sensitivity of the quantity demanded in response of a change...

Q: A man secured a P 7,164 loan at 6 % interest rate. Find the annual amortization to extinguish it in ...

A: An amortising loan is one in which the principal of the loan is paid down over the course of the loa...

Q: 12. John has a daughter named Jonna, he invested P5000 at 7% account for her education she was born....

A: Given the interest rate = 7% Invested amount = P5000  

Q: t P 5,000,000. To raise the amount, the city decided to sell bonds to finance the said project. The ...

A: Given face value of bond = 5000000 Time = 20 years Coupon rate = 5 % = 250000 Current interest rate ...

Q: According to the above​ table, Gross Domestic Product is Part 2   A. ​$12,115   B.

A: * Solution :-  From the given information the calculations are as follows.  

Q: Suppose the Central bank announces today a change in monetary policy: it is increasing target inflat...

A: People will create their expectations about what will be happening in the future based on what has r...

Q: What are the money markets and what are the capital markets? How do they differ? What are their resp...

A: Money market: 1)Money market is a short-term market where instruements like commercial papers, trea...

Q: What is the accumulated amount of a 10-year annuity paying ₱ 1,744 at the end of each year, with int...

A: Given information: Time, n = 10 years Annuity = 1744 Interest amount, r = 4%  

Q: Classify each of the statements as an example of positive or normative analysis.. The sugar quota in...

A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: Question 8 Suppose Total revenue from the sale of output is given below Output Total Revenue 1. 9. 1...

A: Marginal revenue is a central concept in microeconomics that describes the additional total revenue ...

Q: A bill for a cellphone specifies the cost as P 25,400 due at the end of 100 days but offers a 4% dis...

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent, depos...

Q: A production possibilities curve can shift inward if there is a. an increase in productivity b. an ...

A: We discuss here what happens in each of the scenario. a. an increase in productivity: In this case w...

Q: You have just won the lottery. The state offers you an amortized payout of $200,000 at the end of ea...

A: A lump sum is defined as a single large sum of money. In contrast to a series of payments made over ...

Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at ...

Q: Change in the financial market of an economy will affect the global economy. Briefly discuss.

A: Financial market refers to the place where savers and investors interact with each other to exchange...

Q: Given that national income is 80 crores and consumption expenditure 64 crores, find out the average ...

A: National income is defined in economics as the value of goods and services generated in a country wi...

Q: Why the hospitality industry is important to the society? What are the advantages of working in hosp...

A: Hospitality industry includes hotel , transportation or tourism services etc.  It is services based ...

Q: The variable cost to make a certain product is $73 per unit. Research indicates that the lowest pric...

A:

Q: Which of the following events in the market for smartphones illustrates the law of demand? 1. The pr...

A: At the point when the cost of smartphone Falls, the interest for the cell phones will increment. Thi...

Q: Supply of construction workers in a small town is given by Qs =W- 10, and demand for construction wo...

A: We know that at equilibrium demand for labour and supply of labour are equal  at certain wage rate l...

Q: Place the orange line (square symbol) on the following graph to show the most likely short-run suppl...

A: The Short-Run Supply curve for apricots is shown by the orange line.

Q: Joe and his daughter Ally finally have something in common.  They both just quit their jobs.  Econom...

A: Unemployment: Unemployment is an economic situation in which all those individuals who are actively ...

Q: Question 8 Total Utility Oranges Marginal Utility Total Utility Oranges Marginal Utility Lemons Quan...

A: Marginal utility refers to an additional utility with one more unit of good or service consumed.

Q: 15. Another supply and demand puzzle The market price of calzones in a college town decreased recent...

A: Equilibrium in the market occurs where quantity demanded equals quantity supplied, that is at the in...

Q: 19. Mr Arguillonis considering building a 25-unit apartment in a place near a progressive commercial...

A: A rate of return (RoR) is the net gain or loss of an investment over a specified time period, expres...

Q: As my income increases I buy less cheap, generic paper towels and I buy more expensive Bounty paper ...

A:   As my income increases, I buy less cheap, generic paper towels and I buy more expensive Bounty pap...

Q: Suppose the demand curve for a product is Q = 60/P. Compute the quantity demanded at prices  of $1...

A: A demand curve is a graph in economics that depicts the relationship between the price of a commodit...

Q: What is one consumer food or service for which in the last 10 to 15 years consumers preference has a...

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes a...

Q: Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate...

A: A price index, which is made up of a series of numbers arranged in such a way that comparing the val...

Q: Compare and contrast natural resources and natural capital

A: Resources: An asset is an actual material that people need and worth like land, air, and water. Asse...

Q: The demand for good X has been estimated by Q xd = 12 - 3Px + 4Py. %3D Suppose that good X sells at ...

A:

Q: A motor cycle has an initial cost of P 50,000.00 and a salvage value of P 10,000.00 after 10 years. ...

A: Given: The initial cost for a motor cycle is = P50,000 The salvage value is = P10,000 Years = 10 To ...

Q: If this consumer has $13.00 to spend on cans of beer and slices of pizza in any given week, then wha...

A: Answer: A consumer maximizes his/her utility where the following conditions are satisfied: MUBeerPBe...

Q: Do global cities widen the gap between the rich and the poor

A: Globalization refers to the economic approach to open-up the boundaries of the countries to make dif...

Q: Yakov lives in Montreal and runs a business that sells boats. In an average year, he receives $793,0...

A: Answer: Explicit cost: it refers to the payment made to the factor hired or resources purchased from...

Q: Which of the following would be cases of cartels?   Check All That Apply Ford Motor Company OPEC ...

A: A cartel is a group of unaffiliated firms or organizations that band together to influence the price...

Q: QUESTION 2 An increase in the nominal GDP by 6% can correspond to a decrease in real GDP by 3% and a...

A: The total market price of all product and services generated during a country's economy over a parti...

Q: 7. Given the following estimated regression line Y = 10.0 + 6.0 x X. R2 0.40, SER = 2.0, n = 500 (8....

A: Answer: (1) α = 1 - (confidence level / 100) = 1 - (99/100) = 0.01 The critical probability = p* = 1...

Q: A consumer with a fixed income will maximize utility when Och good is purchased in amounts such that...

A: * ANSWER :-   

Q: the MPS in an economy is 0.25, government could shift the aggregate demand curve leftward by $60 bil...

A: The multiplier value will decide actual level of change  expenditure to produce certain effects. 

Q: There is no incentives to innovate in a perfect competition market. Do you agree? Explain.

A: When talking about perfectly competitive market, it is the place with a large number of buyers and s...

Q: Mr. Karim is planning to pursue MBA studies. Initial inquiry shows that he will have to pay RM 24,00...

A: Cost: Cost, in like manner utilization, the money related worth of labor and products that makers an...

Q: If you catch one hundred cocaine shipments, and the street price does not increase, then have you ma...

A: If in the market the demand for the product is inelastic, meaning that for any increase in the price...

Q: 5-5. A nation's government has determined that mass transit, such as bus lines, helps alleviate traf...

A: Positive externalities, or non-excludable benefits, are associated with the development of transport...

Q: Honey loaned P10000 at 12 % interest in a bank, she paid P 2000 per annum for the last 4 years. How ...

A: Given:- Honey loaned=P10000 Interest rate=12% She paid=P2000 per annum for last 4 years To calculate...