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Hi, I need help with 5 questions. Please select corresponding letter and if possible explain why. Thanks. 1. fEconomics in the News July 30, 2018
Hi, I need help with 5 questions. Please select corresponding letter and if possible explain why. Thanks.
1.
\fEconomics in the News July 30, 2018 First study the news article linked below. Time use: Total work burdenpaid work, and leisure (E 1. Compare the time spent on paid work and unpaid housework and caregiving, in combination, between men and women in 2015. In 2015, on the combination of paid work, unpaid housework, and caregiving. {I} A. women spent a significantly larger amount of time than men C? B. men spent a significantly larger amount of time than women C} C. men and women spent an identical amount of time '11:} D. men and women spent similar amounts of time Figure 2.2 shows the production possibilities frontier for Atikamekw Cree (ca. 1600) with a historical tradition of fishing and farming. Assume they produce two goods: sh and grains. Refer to Figure 2.2. Suppose Atikamekw Cree are currently producing 60 kilograms of grain per period. How much sh is it also producing, assuming that resources are fully utilized? Id Click the icon to view the gure. '12::- A. 45 kilograms ofsh . 75 kilograms of sh . 80 kilograms of sh 100 kilograms of fish 120 kilograms of fish \fRefer to Figure 2.5. If this economy is currently considering switching from point X to point W, what is the average opportunity cost of each newly produced ton of paper? Ii Click the icon to view the gure. {:3 A. 5 tons of paper {:3 B. 1.67 tons of paper {:3 C. 0.6 tons of steel {52 D. 3 tons of steel Cir E. zero tons of paper and steel \fTable 2.12 One Cell Phone Lum'ber (per cubic metre) Table 2.12 shows the number of labour hours required to produce a cell phone and a cubic metre of lumber in Estonia and Finland. Refer to Table 2.12. If the two countries specialize and trade, who should export cell phones? {ii- A. Finland {3' B. There is no basis for trade between the two countries. C? C. Estonia {:3 D. They should both be importing cell phones. {:2- E. They should both be exporting cell phonesStep by Step Solution
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