the american sugar producers convinced the federal government to put a tariff on foreign sugar to keep local sugar price higher than the world price. this would be an example of group of answer choices rent-seeking. moral hazard. the principal-agent problem. logrolling.
Answers
Answer: The American sugar producers convinced the federal government to put a tariff on foreign sugar to keep local sugar prices higher than the world price. This would be an example of "rent-seeking".
Explanation:
What is rent-seeking?
Rent-seeking is the act of looking for income or wealth by capturing existing economic benefits or trying to secure new ones in a way that lowers the welfare of society as a whole. Rent-seeking is, therefore, a mechanism for producing greater economic inequality between groups of people within a society.
The American sugar producers convinced the federal government to put a tariff on foreign sugar to keep local sugar prices higher than the world price, which would be an example of "rent-seeking."
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Related Questions
In the _________ phase of BPI, the BPI team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Answers
Answer:
Measure.
Explanation:
In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Business Process Improvement (BPI) can be defined as an incremental approach, in which an organization focuses on limiting variation in the process outputs by searching for the main causes of the variation among process inputs or in the process itself.
The main steps of the Business Process Improvement (BPI) includes; mapping, analysis, redesign, implementation, reflection and benchmarking.
Additionally, some of the methodologies used for the Business Process Improvement (BPI) are Six Sigma, Total Quality Management (TQM), Lean etc.
Answer:
Explanation:
In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.
Money needed to operate a business
Answers
Answer:
According to the U.S. Small Business Administration, most microbusinesses cost around $3,000 to start, while most home-based franchises cost $2,000 to $5,000. While every type of business has its own financing needs, experts have some tips to help you figure out how much cash you'll require
Explanation:
what type of business model will the pharmacy be?
Answers
the actions taken by the federal reserve to manage the economy are based on which of the following economic theories?a)dickensian theoryb)keynesian theoryc)monetary theoryd)sharpe theory
Answers
The actions taken by the Federal Reserve to manage the economy are primarily based on Keynesian theory and monetary theory.
Keynesian theory, named after economist John Maynard Keynes, emphasizes the role of government intervention and fiscal policy in stabilizing the economy.
It suggests that during periods of economic downturn, the government should use measures like fiscal stimulus (such as increased government spending or tax cuts) to boost demand and stimulate economic growth.
Monetary theory, on the other hand, focuses on the role of the central bank (in this case, the Federal Reserve) in managing the money supply, interest rates, and overall financial conditions to influence economic activity.
It suggests that the central bank can use tools like open market operations, reserve requirements, and discount rates to control inflation, promote employment, and stabilize the economy.
While the Federal Reserve may consider various economic theories and models when making policy decisions, the primary frameworks that guide their actions are Keynesian theory and monetary theory.
The other options mentioned (Dickensian theory and Sharpe theory) are not directly relevant to the actions taken by the Federal Reserve.
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Select any stock listed in Singapore stock exchange. Using Yahoo finance, download the daily stock data (Open, High, Low, Close, Adj Close, Volume) from year 1 Jan 2020 to 3 Jan 2022. Use data until 31 Dec 2020 for training and the remaining data for testing. You must select the stock such that the data is available from 1 Jan 2020 to 3 Jan 2022. Use previous 30 days of stock information to predict the next day stock price. Use the data in 'High' column to predict the price, i. E. , the next day high price of the stock. Design a LSTM network to do the predictions. You are required to use LSTM with a cell state of at least 60 dimension and do at least 50 epochs of training. Rate the performance of the LSTM classifier and provide necessary plots
Answers
This task requires you to select a stock with available data, design an LSTM network, train it using the specified training data, and evaluate its performance using the testing data.
To complete this task, you need to follow these steps:
1. Select a stock listed on the Singapore Stock Exchange that has data available from January 1, 2020, to January 3, 2022. This ensures you have the required data for training and testing.
2. Use Yahoo Finance to download the daily stock data (Open, High, Low, Close, Adj Close, Volume) for the selected stock within the specified timeframe.
3. Split the data into two sets: training data (from January 1, 2020, to December 31, 2020) and testing data (from January 1, 2021, to January 3, 2022).
4. Design an LSTM network for predicting the next day's high price of the stock. LSTM stands for Long Short-Term Memory and is a type of recurrent neural network commonly used for time series prediction tasks.
5. Set the LSTM cell state to at least 60 dimensions, as specified in the task.
6. Train the LSTM network for at least 50 epochs. Each epoch represents one complete pass through the training data.
7. Evaluate the performance of the LSTM classifier by comparing the predicted high prices with the actual high prices from the testing data.
8. Plot the necessary graphs to visualize the performance of the LSTM network. This may include plotting the predicted high prices against the actual high prices or other relevant metrics.
In conclusion, this task requires you to select a stock with available data, design an LSTM network, train it using the specified training data, and evaluate its performance using the testing data. Additionally, you need to provide necessary plots to visualize the results.
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Production Possibilities Product A B C D E F Tanks 0 1 2 3 4 5 Autos 1000 950 850 650 350 0 Refer to the above table. The marginal opportunity cost of the fourth unit of tanks is: a) 200. b) 650. c) 300. d) 350
Answers
Marginal opportunity cost is the cost of producing one additional unit of a good or service, in terms of the opportunity cost of producing another good or service.
In this table, we can see that as we produce more tanks (moving from left to right), the opportunity cost of producing an additional tank increases. For example, producing the first tank costs us nothing because we were not producing anything else before it.
But producing the fourth tank means that we have to give up the production of 650 autos, which have a higher value. Therefore, the marginal opportunity cost of the fourth unit of tanks is 650.
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Find the interest on the following loan.
$1050 at 5.5% for 9 months
Answers
Answer: The answer would be $57.75
Explanation:
1050 x 0.055(the interest rate) = 57.75
Can I have brainliest? It would help me out, if not thanks anyways! Hope this helped and have a nice day!
For this activity, you will be developing a personal finance plan that demonstrates your ability to manage your money using appropriate financial strategies.
Activity Overview:
Part 1 Overview:
For the first part of this activity, you will be given a hypothetical monthly income, a list of your basic monthly bills, and a brief description of your living situation and daily life.
Based on that information, you will create a monthly budget and financial plan that allows you to pay all of the necessary bills while also having enough money left over to live for the month.
You will also need to take into consideration the details that are given about your life. You will need to weigh your options with these details and decide what is absolutely necessary to fit into your budget and what you can afford to live without.
You may use a spreadsheet program like Microsoft Excel to organize your monthly financial plan; however, this is not a requirement if you are not comfortable using this type of program. You can also create a table or chart in a word processing program like Microsoft Word, or you can come up with another way to creatively and effectively organize and display your monthly plan.
If you are completely stumped as to how to design and organize your monthly financial plan, do a bit of research! Try Googling ‘monthly financial plan’ or ‘monthly budget template’ to get some ideas.
Part 2 Overview:
After completing your monthly financial plan, you will write a brief reflection (one to three paragraphs) on this financial activity.
The following questions should be addressed in your reflection:
How easy or difficult was this activity?
What were some challenges that you encountered?
Were you able to pay for all of your bills and all of the additional expenses with your income?
If not, what did you eliminate or where did you cut back?
How did you decide what to eliminate or where to cut back?
How might this hypothetical financial plan differ from a future real-life financial plan?
Do you feel more or less comfortable with money management after completing this activity?
Your grade will be based on your ability to appropriately create a comprehensive and well-thought out monthly budget and your ability to write a thoughtful reflection that addresses the required questions. For more details on grading, please refer to the rubric below.
Please submit your monthly financial plan and your typed reflection to the dropbox when completed.
Part 1 Information:
You currently work as an elementary school teacher.
Your annual salary is $45,000
You bring home a weekly paycheck and your total monthly income, after taxes, is $2,850.00
You live alone in an apartment with the following bills:
Monthly rent: $1,000
Electric Bill: $82
Gas and Water: $44
Internet: $75
Other monthly bills include:
Cell Phone: $85
Student Loan: $200
Car Insurance: $130
Gym Membership: $20
Other details and expenses:
You live a pretty simple life. You are single and enjoy going out to dinner with friends once or twice a month.
You enjoy eating healthily and generally spend a good portion of your income on purchasing organic food. You like to grocery shop weekly and, on average, spend $100 per week.
You have a dog and he is due for a monthly check-up this month. You estimate this will cost around $150, but you have not scheduled the appointment yet.
You are relatively healthy and rarely visit the doctor, but you do have asthma that requires monthly inhalers. These are not covered by insurance and cost you $110 per month.
You love treating yourself to a movie. A movie ticket costs $10.
There is a concert that your friends have asked you to attend this month. Tickets are $250.
You opened a savings account several months ago and set a goal to deposit $200 into it each month.
Your Mom’s birthday is this month and you want to send her flowers. It will cost $75 to send her a beautiful bouquet.
The service light recently came on in your car. You have been avoiding taking it to the shop because you anticipate that it will cost anywhere from $150-$300. But if your car breaks down, you will not be able to get to work.
Answers
PART 1 Careful budgeting and prioritization are essential for creating a comprehensive monthly financial plan. Allocating funds to essential expenses and evaluating discretionary spending allows for effective income management.
PART2 The individual should write a brief reflection on the financial activity.
Creating a monthly financial plan based on the given information can be a challenging task, but with careful budgeting and prioritization, it is possible to manage the income effectively.
To start, the fixed monthly expenses such as rent, electric bill, gas and water, internet, cell phone, student loan, and car insurance should be allocated first. These expenses are essential and need to be paid regularly.
Next, the discretionary expenses can be evaluated and adjusted based on available funds. Considering the desire to eat healthily and purchase organic food, it is important to allocate a reasonable amount for groceries. It is recommended to plan meals and shop strategically to stay within the budgeted amount.
Regarding entertainment expenses, attending a movie and a concert can be considered, but it's crucial to assess their importance and affordability. It may be necessary to prioritize one over the other or find alternative, lower-cost activities to enjoy with friends.
Saving $200 per month as a goal is commendable, but it should be evaluated in the context of the overall financial situation. If it becomes difficult to allocate that amount while meeting all other expenses, it may be necessary to adjust the savings goal temporarily and increase it in the future when financial circumstances improve.
Considering the upcoming expenses, such as the dog's check-up, asthma inhalers, and sending flowers for your mom's birthday, it's important to set aside funds for these obligations. These expenses should be factored into the budget to ensure they can be paid without causing financial strain.
In the reflection, it is important to acknowledge the challenges faced while creating the financial plan. This may include balancing expenses, making decisions on discretionary spending, and adjusting expectations based on available income.
It is also important to consider how this hypothetical financial plan may differ from a real-life plan, as individual circumstances and financial goals can vary.
Completing this activity can enhance money management skills by providing practical experience in budgeting and decision-making. It helps in understanding the importance of prioritizing expenses and making informed financial choices.
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Why does each monopolistically competitive firm generally have limited control over market price?.
Answers
Answer:each firm has a relatively small percentage of the total market
Explanation:
what is the difference between the short run and the long run when there is full employment and the government engages in deficit spending?
Answers
In economics, the short run and the long run refer to different time horizons over which economic decisions and adjustments take place.
When there is full employment and the government engages in deficit spending, there are some key differences between the short run and the long run, as explained below:
Short Run:
In the short run, full employment is assumed, which means that all available labor resources are being used.Deficit spending by the government can lead to an increase in aggregate demand, which can lead to an increase in real GDP and prices.However, this increase in prices is likely to be temporary in the short run, and may not reflect any actual increase in the economy's productive capacity.In the short run, the government may be able to use deficit spending to stimulate the economy, create jobs, and increase output, but this may come at the cost of higher inflation and a larger national debt.Long Run:
In the long run, the assumption of full employment may not hold, as economic factors such as changes in technology, demographics, and productivity can change the economy's capacity to produce goods and services.Deficit spending by the government in the long run can have more serious consequences, such as crowding out private investment, which can reduce economic growth and limit the government's ability to respond to future economic challenges.In the long run, if deficit spending leads to higher inflation, this can lead to a reduction in real income and a decrease in the standard of living.In the long run, the government may need to consider more sustainable policies to address economic challenges, such as investing in education and infrastructure, improving productivity, and reducing the national debt.Learn more about economics
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Relative Appropriateness of Evidence. LO3 Required: 1. Classify the following evidential items by source (direct knowledge, external, and so on), rank them in order of reliability, and explain the reasons for your ranking. a. Amounts shown on monthly statements from creditors b. Amounts shown on "paid on account" in the accounts payable register c. Amount of "discounts lost expense" computed by the auditor from unaudited supporting documents d. Amounts shown in letters received directly from creditors 2. Classify the following evidential items by source (direct knowledge, external, and so on), rank them in order of reliability, and explain the reasons for your ranking. a. Amounts shown on a letter received directly from an independent bond trustee b. Amounts obtained from minutes of board of directors' meetings c. Auditors' recalculation of bond interest and amortized cost when remaining term and status of bond are audited d. Amounts shown on cancelled cheques DC 8-4 Audit Plan with Weaknesses in Revenue Controls, Not-for-Profit Auditee. LO1, LO4 Kindness Home (KH) is a not- for-profit organization that operates a nursing home in a town near a major city. You are auditing the revenue and receivables at KH. The nursing home has a reputation for delivering excellent patient services, but its accounting department is understaffed and does not have time for internal verification or other accuracy checks. Your assessment of controls over cash receipts indicates that there are effective management supervision and monitoring procedures in place, and you have found no indication of fraud risk, but past audits have found misstatements in recording the patient invoices and accounts receivable. In confirming the accounts receivable from patients in past audits, you have had a very low response rate. Furthermore, those patients who did respond did not appear to know what information they were being asked to provide or what their correct outstanding balance actually was. You have had the same experience in confirming receivables at other nursing homes. The nursing home has a large bank loan payable, which is up for renewal two months after year-end. The bank's loan officer has told management the bank's head office may not approve a renewal. The bank is concerned about its exposure to not-for-profit nursing homes because many new government-funded nursing homes are expected to open over the next few years. These new long-term care facilities will be more modern and will be located closer to many large hospitals than KH. Required: a. Identify the business risks in KH. b. Assess the risk of material misstatement at the overall financial statement level. Identify the inherent and control risk factors in the organization to support your assessment. c. In the audit of the revenues, explain the overall audit approach you would use to obtain sufficient appropriate evidence in this situation. Give clear reasons for the mix of control and substantive work you would plan to do. Describe the substantive tests you would perform to audit the revenue transactions in this organization. Be specific, and show how the tests tie in to the relevant assertions.
Answers
Classification and Ranking of Evidential Items:
a. Amounts shown on monthly statements from creditors
Source: External
Ranking: High reliability
Reason: Monthly statements from creditors are directly provided by the external parties, and they are prepared by the creditors themselves based on their own records. They are considered reliable evidence as they reflect the amounts owed according to the creditor's records.
b. Amounts shown on "paid on account" in the accounts payable register
Source: Internal
Ranking: Moderate reliability
Reason: The amounts shown on "paid on account" in the accounts payable register are based on the organization's internal records. While they provide some evidence of payments made, they may not always be up-to-date or accurate. They are considered moderately reliable evidence compared to external sources.
c. Amount of "discounts lost expense" computed by the auditor from unaudited supporting documents
Source: Auditor's computation
Ranking: Moderate reliability
Reason: The amount of "discounts lost expense" computed by the auditor from unaudited supporting documents involves the auditor's professional judgment and estimation. While it is based on the auditor's analysis, it may still be subject to inherent limitations and uncertainties, making it moderately reliable evidence.
d. Amounts shown in letters received directly from creditors
Source: External
Ranking: High reliability
Reason: Letters received directly from creditors provide evidence of the amounts owed according to their records. These letters are external sources and are considered highly reliable evidence as they come directly from the creditors themselves.
Classification and Ranking of Evidential Items:
a. Amounts shown on a letter received directly from an independent bond trustee
Source: External
Ranking: High reliability
Reason: A letter received directly from an independent bond trustee is an external source that provides information from an independent third party. It is considered highly reliable evidence as it comes directly from a trustworthy and independent source.
b. Amounts obtained from minutes of board of directors' meetings
Source: Internal
Ranking: Moderate reliability
Reason: Amounts obtained from minutes of board of directors' meetings are based on the organization's internal records. While they provide some evidence of the discussed transactions, they may not always provide detailed and complete information. They are considered moderately reliable evidence compared to external sources.
c. Auditors' recalculation of bond interest and amortized cost when remaining term and status of bond are audited
Source: Auditor's computation
Ranking: Moderate to high reliability
Reason: The auditors' recalculation of bond interest and amortized cost involves the application of professional judgment and estimation by the auditor. While it is based on the auditor's analysis, it can be considered moderately to highly reliable evidence depending on the accuracy and completeness of the information audited.
d. Amounts shown on canceled cheques
Source: External
Ranking: High reliability
Reason: Canceled cheques provide evidence of payments made by the organization. They are external sources and are considered highly reliable evidence as they are issued by the organization's bank and provide proof of payment.
Audit Approach for Revenue Transactions:
In this situation, given the understaffed accounting department and past misstatements in recording patient invoices and accounts receivable, the audit approach for revenue transactions should focus on a combination of control and substantive procedures to obtain sufficient appropriate evidence.
Control procedures:
Evaluate the effectiveness of management supervision and monitoring procedures over revenue and receivables.
Test the operating effectiveness of key controls, such as segregation of duties and approval processes, to ensure the accuracy and completeness of revenue transactions.
Substantive procedures:
Select a sample of revenue transactions and perform detailed testing, such as vouching invoices to supporting documentation and confirming receivables directly with patients (despite the low response rate).
Conduct substantive tests of revenue recognition, including verifying the accuracy of revenue calculations, cutoff procedures, and proper allocation of discounts or allowances.
Assess the completeness and accuracy of accounts receivable balances by performing detailed testing of aging schedules and reconciling with supporting documentation.
The substantive tests performed should be specifically designed to address relevant assertions such as completeness, accuracy, and valuation of revenue transactions.
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In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and.
Answers
In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and manage risk through diversification.
Demand is a monetary time period that refers to the number of products or services that purchasers want to buy at any given rate level. The mere choice of a client for a product isn't to demand. Call for includes the shopping electricity of the purchaser to collect a given product at a given length.
The rate of the coolest or carrier. The earnings of shoppers. The prices of related items or services—either complementary and purchased alongside a particular object or substitutes sold in preference to a product. The tastes or preferences of clients will pressure demand.
Call for is a representation of a consumer's desire to buy items and services; it acts as a size of a consumer's willingness to buy a particular proper or service at a given fee.
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HURRY!! Sarah is working at a daycare center. She just thought of a way to streamline the way parents drop off and pick up their children. When she mentions her idea to the director, he asks her to present it at the next staff meeting. What aspect of a good professional relationship is the director demonstrating?
Group of answer choices
Trust
Respect
Boundaries
Diversity
Answers
Answer:
Explanation:
Trust
Explain five reasons why a company might wish to take over another company. Rank these reasons by empirical importance.
Answers
A company may wish to take over another company due to several reasons, including economic growth, gaining a competitive advantage, securing raw materials, creating economies of scale, and increasing shareholder value. These reasons vary in empirical importance and may be influenced by different factors.
Economic growth: The acquisition of another company can provide immediate access to new markets and customers, creating significant economic growth opportunities. When a company acquires another firm, it expands its operations, resources, and capabilities, ultimately resulting in increased revenue and profits.
Gaining a competitive advantage: Another reason why a company might wish to take over another company is to gain a competitive advantage. By acquiring a competitor, a company can eliminate competition and expand its market share. The acquisition can also result in access to new technologies, intellectual property, or expertise that can enhance the company's competitive position.
Securing raw materials: A company may also consider acquiring another company to secure raw materials that are essential for its production process. For example, if a company is reliant on a particular raw material for its operations, it may acquire a firm that specializes in the production of that material.
Creating economies of scale: Acquiring another company can create economies of scale, resulting in cost savings for the acquiring company. By combining operations and reducing redundancies, the company can lower its operating costs, increase efficiency, and improve its bottom line.
Increasing shareholder value: Finally, a company may wish to take over another company to increase shareholder value. Through the acquisition, the company may gain access to new revenue streams, markets, and products, resulting in increased profitability and a higher stock price.
Rankings: The empirical importance of the reasons for a company taking over another company may vary depending on the specific context and industry. However, the most important reasons are likely to be those that offer the greatest potential for revenue growth and profitability. Therefore, economic growth and gaining a competitive advantage may be the two most critical factors for a company to consider when deciding to acquire another firm.
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Possession utility is most closely related to which part of the marketing mix?
Price
ООО
Product
Place
Promotion
Answers
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answers
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Represent the following agro-production of a
farmer in a multiple bon diagram:
2074
2075
2073
60
so
Production
Paddy
Maize
Potato
75
70
go
85
100 3
Answers
Answer:
85
Explanation:
i think
PLS HELPPP!!! FASTTT!!! A firm has three different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option C will give the firm $30 million at the end of one year, and nothing thereafter. Which of these options has the highest present value?
a. Option A
b. Option B
c. Option C
d. The answer depends on the rate of interest, which is not specified here.
Answers
Answer:
i would say d
Explanation:
the eisp component of provides informatino on the importance of infosec in the organization
Answers
The EISP component provides information on the importance of information security in the organization - True
Information on the significance of information security in the organisation is especially provided by the EISP (Enterprise Information Security Policy) component. The organization's general approach and structure for information security are described in the EISP, a policy document. Information security-related high-level declarations, objectives, duties, and recommendations are frequently included.
Even while the EISP may discuss the value of information security within the company, its main goal is to offer a thorough and organized framework for managing and protecting information assets. It assigns roles and duties, outlines procedures, and lays the basis for establishing and maintaining efficient information security practises across the organisation. It also defines the organization's security goals.
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Complete Question:
The EISP component provides information on the importance of information security in the organization - True/False
18. Would you expect, in some cases, to see only an income effect or only a substitution effect? Explain.19. Which is larger, the income effect or the substitution effect
Answers
You will need to pay a 15.3% self-employment tax if you earn $1,100 in a year... *
1 point
Babysitting your cousin’s kids
Screen printing and selling custom made t-shirts
Working at the local ice cream store
Interning at a local design company
Answers
Answer:
D interning at a local design company
Assume an economy is in long-run and short-run equilibrium. If money wages increase, other things equal, the most likely result is a:
Answers
Decrease in short-run equilibrium output and an increase in the price level. In the short run, an increase in money wages will cause an increase in production costs for firms.
As a result, firms will produce less output to maintain their profit margins. This decrease in output will cause a temporary increase in the price level. However, in the long run, as wages and prices adjust, the economy will return to its natural level of output and the price level will stabilize.
An increase in money wages, with other things equal, will most likely result in a short-run decrease in the quantity of goods and services supplied and an increase in the price level.
1. When money wages increase, the cost of production for firms also increases, as they have to pay higher wages to their employees.
2. In response to the higher production costs, firms will generally reduce the quantity of goods and services they supply at any given price level.
3. This decrease in the quantity of goods and services supplied will lead to a short-run shift of the aggregate supply curve to the left.
4. As the aggregate supply curve shifts to the left, it intersects the aggregate demand curve at a higher price level, causing inflation.
5. In the short-run, the economy will experience a decrease in output and an increase in the price level, moving away from the initial long-run and short-run equilibrium.
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The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex - $20,000
Beatrice - $190,000
Julio - $80,000
Roberta - $60,000
Alex
Beatrice
Julio
Roberta
Answers
Answer:
Beatrice
Explanation: she makes the most money so she has to pay more in tax
Based on the tax rate and the annual income of the people, the person with the higher tax burden is Beatrice.
Flat Rate Tax Refers to when a specific rate of tax is imposed. Leads to those who are paid higher having a higher tax burden. Leads to lower income earners having less money after tax.Beatrice is the highest earner in the group as they earn $190,000. They will therefore have the highest tax burden of $19,000 as opposed to the others who have lower salaries.
In conclusion, Beatrice is correct.
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Expansionary fiscal policy ________ the price level and ________ equilibrium real GDP. Group of answer choices
Answers
Expansionary fiscal policy is a type of macroeconomic policy that involves increasing government spending and/or reducing taxes to stimulate economic growth and stabilize the economy.
The goal of expansionary fiscal policy is to increase aggregate demand, which can lead to increased employment, output, and economic growth.
However, expansionary fiscal policy can also lead to inflation if the increased demand leads to supply constraints and higher prices.
The effectiveness of expansionary fiscal policy depends on various factors such as the size of the multiplier effect, the state of the economy, and the credibility of government policies.
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If an increase in the price of one good, causes a increase (rightward shift) in the demand for another good, then the two goods are _____.
Answers
Hope that helps! Have a good day :)
This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65
Answers
The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.
What is the use of production possibilities curve in economics?The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.
Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.
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define finance education for class 8
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The practice of dividing the money a person invests between several different types of investments in order to lower risk is called
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Answer: The practice of dividing the money a person invests between several different types of investment in the order of lower risk is called Diversification.
Diversification is based on the principle that Risk and return are directly proportional to each other.
Hence say Stock A gives a Greater return then it will also have a greater risk.
Therefore to Hedge the Businessmen from constantly changing market conditions and to guarantee a nearly fixed return Diversification is used.
In diversification, investment is done in combination with high and low-risk stocks as per the risk-taking capabilities of the investor.
The investor who is a Risk Taker invests a High Amount in High-risk stocks and similarly the investor who is Risk Averse invest a high Amount in Low-Risk Stock.
Diversification helps the investor to maintain his return and risk
according to his plans.
Explanation: Diversification is based on the principle that Risk and return are directly proportional to each other.
Hence say Stock A gives a Greater return then it will also have a greater risk.
Therefore to Hedge the Businessmen from constantly changing market conditions and to guarantee a nearly fixed return Diversification is used.
In diversification, investment is done in combination with high and low-risk stocks as per the risk-taking capabilities of the investor.
The investor who is a Risk Taker invests a High Amount in High-risk stocks and similarly the investor who is Risk Averse invest a high Amount in Low-Risk Stock.
Diversification helps the investor to maintain his return and risk
according to his plans.
To Know more about Diversification:
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