Macroeconomics questions and answers in September 2021

Hi could I get some help with these practice questions? 1. Refer to table 6.1. How much (in billions of $) did the government spend in 2020? 2. Refer to table 6.2. Suppose that the residents of Unicor...
Consider a market of five (5) firms that produce the same thing. Market demand is P = 230 - Q and the marginal cost of production is $20. If firms compete through production, what will be the expected...
(Excel exercise) The Federal Reserve Bank of St. Louis offers a wide range of economic data at its Web site, called FRED (fred.stlouisfed.org/). Use these data to examine real GDP for Canada from 1960...
Question 15 If a household consumer withdraws $5,000 from their savings account, initially, M1 will ________ and M2 will ________. A decrease; decrease B decrease; increase C increase; be constant ...
Question 1 (4.09) Which of the following holds true when the Fed decides to buys bonds in the economy? A Money supply will increase. B Nominal interest rate will rise. C Aggregate demand will fall....
1. Explain in detail what is happening in Graph B of Figure II and, after examining the data in the graph of Figure I, identify in what period of time this situation is occurring. 2. Explain in detail...
1.) An increase in the price level corresponds to  a decrease in aggregate demand  an increase in aggregate supply  movement along the aggregate supply curve  an inflationary gap  a recessionary ...
Part b)  Let us assume that hand sanitizer sellers in these online market platforms are making a profit in the short-run. Show this situation using a diagram. Consider the entire global market in thi...
If the value of a production subsidy offered by the government is decreased, ceteris paribus, what will happen to the market for that good? The demand curve will shift right. The supply curve will shi...
Part c)  Assume now that the costs of shipping are so large that Australian consumers can buy hand sanitizers from only one designated seller in Australia through both eBay and Amazon and there is no...
Part c) Assume now that the costs of shipping are so large that Australian consumers can buy hand sanitizers from only one designated seller in Australia through both ebay and Amazon and there is no p...