The Lucas critique argues that because the way people form expectations is based on government policies, economists_____ predict the effect of a change in policy without taking changing expectations into account. Select one: O a. in no way can o b. only partly, can O c.partly; cannot O d. in no way; cannot

Answers

Answer 1

The Lucas critique argues that because the way people form expectations is based on government policies, economists partly cannot predict the effect of a change in policy without taking changing expectations into account.

Lucas critique refers to a criticism of econometric models that focus on macroeconomic policy analysis. In essence, it argues that the statistical relationships estimated from past data to determine future policy are not necessarily stable over time.

This critique was put forward by the economist Robert E. Lucas Jr. in his 1976 paper. The Lucas critique asserts that forecasting based on historical macroeconomic data is deficient because people will adjust their behavior based on the policy's expected consequences.

Lucas suggests that past relationships between economic variables cannot be relied on as a guide to future policies because economic agents adjust their expectations in response to government policy changes.

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Related Questions

DO NOT ANSWER THIS QESTION

Answers

Answer: ok

Explanation:

Which of the following skills allows advertising, promotions, and marketing managers to choose which strategies are
best suited to a specific marketing campaign?
Communication skills
Interpersonal skills
Decision-making skills
o Organizational skills

Answers

Answer:

Decision-making skills

Explanation:

Decision making involves an objective comparison between alternatives to make a choice that improves an organization. The decision making skill is a trait that portrays proficiency in relating concepts to organizational goals.

Decision-making skills allow managers to make quick and accurate decisions. A marketing manager will correctly identify strategies to make a marketing campaign successful if they have good decision-making skills.

The debt to equity ratios for three otherwise comparable companies are as follows: Adams: 1.5; Flagler: 1.8; Roberts: 1.4. The risk of bankruptcy appears to be lowest for:
ROberts

Answers

The risk of bankruptcy appears to be lowest for Roberts.

Bankruptcy

Bankruptcy refers the likelihood that a company will be unable to meet its debt obligations.

Given,

The debt to equity ratios for three otherwise comparable companies are as follows: Adams: 1.5; Flagler: 1.8; Roberts: 1.4.

Here we have to find the risk of bankruptcy appears to be lowest for.

While we looking into the given ratios,

Adams: 1.5;

Flagler: 1.8;

Roberts: 1.4.

Therefore, Roberts has the lowest risk of bankruptcy.

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Explain why socialist societies do not use a circular flow chart.

Answers

They don’t use a circular flow chart because it don’t give a precise answer to what they are answering.

Which accounts in the Chart of Accounts CANNOT be deleted? Answer: A. Accounts added by other users B. Preset accounts or those linked to other features C. Asset accounts D. All of them

Answers

D. All of them. all accounts in the Chart of Accounts cannot be deleted. This includes accounts added by other users, preset accounts, those linked to other features, and asset accounts.

The Chart of Accounts forms the foundation of an organization's financial system, and deleting any of these accounts could disrupt the integrity and accuracy of financial reporting. Therefore, it is generally not recommended or allowed to delete any accounts from the Chart of Accounts.

The Chart of Accounts is a crucial component of an organization's financial structure. It consists of a list of accounts that categorize and track various financial transactions. Each account represents a specific financial element, such as assets, liabilities, revenues, or expenses.

All accounts in the Chart of Accounts, including accounts added by other users, preset accounts, those linked to other features, and asset accounts, cannot be deleted. This is because each account plays a vital role in recording and reporting financial information accurately.

Accounts added by other users may be essential for their specific needs or processes, and deleting them could disrupt their workflow. Preset accounts are often preconfigured to work seamlessly with the organization's financial software and deleting them may cause compatibility issues.

Moreover, accounts linked to other features, such as payroll or inventory management, are interconnected and deleting them could lead to data inconsistencies and errors in related processes.

Asset accounts, representing the resources owned by the organization, are fundamental to tracking the organization's financial health. Deleting asset accounts would hinder proper tracking and valuation of assets.

To maintain the integrity and accuracy of financial reporting, it is generally advisable not to delete any accounts from the Chart of Accounts. If changes are necessary, it is often recommended to make adjustments or modifications within the existing accounts rather than deleting them entirely.

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Which type of investment involves lending money and charging interest on it?

A. Stock investment

B. Entrepreneurship

C. Debt investment

D. Equity investment

Answers

The answer would be C. Debt investment

Hope this helps

Have a great day/night

Differentiate between electricity geyser and gas geyser​

Answers

What’s a geyser I’ve never heard of that word in my life is that real word
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it

for a loan, what do you call the amount that you borrow?

Answers

Answer:

principal

Explanation:

American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. A court will not normally evaluate the adequacy of consideration unless it is


Group of answer choices


a. a service.


b. in the form of a forbearance.


c. not yet paid.


d. grossly inadequate.

Answers

Answer:

D)grossly inadequate.

Explanation:

From the question we are informed about American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. In this case A court will not normally evaluate the adequacy of consideration unless it is

grossly inadequate. Grossly inadequate consideration is possible to be reviewed by the court when there is a contract dispute. However Consideration does not involve things that both parties were required to carry out under law because it does not add anything to additional value.

Better products, inc., manufactures three products on two machines. in a typical week, 40 hours are available on each machine. the profit contribution and production time in hours per unit are as follows: category product 1 product 2 product 3 profit/unit $31 $60 $16 machine 1 time/unit 0.5 1.5 1.5 machine 2 time/unit 1 1.5 1 two operators are required for machine 1; thus, 2 hours of labor must be scheduled for each hour of machine 1 time. only one operator is required for machine 2. a maximum of 120 labor-hours is available for assignment to the machines during the coming week. other production requirements are that product 1 cannot account for more than 55% of the units produced and that product 3 must account for at least 25% of the units produced. how many units of each product should be produced to maximize the total profit contribution

Answers

The explanation of the question is given below for the company that manufactures three products.

a) max 30x? + 50x? + 20x? //objective function

st.

0.5x? + 2.0x? + 0.75x? ? 40 //machine 1 time available

1.0x? + 1.0x? + 0.5x? ? 40 //machine 2 time available

2.0x? + 5.0x? + 2.0x? ? 100 //total labor available

-0.5x? + 0.5x? + 0.5x? ? 0 //product 1 amount constraint

0.2x? + 0.2x? - 0.8x? ? 0 //product 3 amount constraint

x?, x?, x? ? 0

The maximum profit obtainable from production of Product 1 alone is $1200, limited by time on Machine 2. The maximum profit obtainable from either Product 2 or Product 3 alone is $1000, limited by available labor.

Thus, the preferred production would be of Product 1. The constraint that other products be produced in equal or greater quantity puts a premium on production rate of other products. Product 3 is produced using less resource than product 2.

The production of a mix that consists of 1 unit of Product 3 for each unit of Product 1 is constrained by available labor, which allows production of 25 units of each, for a total profit of $1250.

_____

If it weren't for the constraint on relative production rates, a mix of 3 of Product 1 and 2 of Product 3 would fully utilize both Machine 2 and Labor, resulting in a profit of $1300.

projected weekly profit = $ 1250

b) Machine Hours Schedule:

machine 1 = 31.25 hrs.

machine 2 = 37.5 hrs

c) additional labor hour = 12.50 hr

product 2 = 8 unit

product 3 = 16 unit

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Mauro Products distributes a single product, a woven basket whose selling price is $22 per unit and whose variable expense is $16 per unit. The company's monthly fixed expense is $12,000. Required: 1. Calculate the company's break-even point in unit sales: 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)

Answers

Mauro Products distributes a single product, a woven basket whose selling price is $22 per unit and whose variable expense is $16 per unit. The company's monthly fixed expense is $12,000.Break-Even Point (BEP)Formula to calculate Break-Even Point is:BEV = Total Fixed Cost ÷ (1 - (Total Variable cost / Sales))1.

The company's break-even point in unit sales:Selling price per unit = $22Variable Expense per unit = $16Fixed expense per month = $12000BEV = Total Fixed Cost / Contribution Margin (per unit)Unit Contribution = Selling price per unit – Variable expense per unit = $22 – $16 = $6Total Fixed cost = $12000Break-Even Point (BEP) in units=BEV=12000/6=2000 unitsMauro Products must sell 2000 woven baskets to break-even.2.

The company's break-even point in dollar sales:Break-Even Point (BEP) in dollars=Selling price per unit × BEP in units= $22 × 2000= $44,000Mauro Products must sell $44,000 worth of woven baskets to break-even.3. If the company's fixed expenses increase by $600, new break-even point in unit sales:

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Find a news headline that refers to the business cycle. What phase of the business cycle does your headline reference? Explain.

Answers

Answer:

The business cycle typically consists of four phases:

Expansion: This phase is characterized by increasing economic activity, rising GDP, low unemployment rates, high consumer confidence, and increased business investments.

Peak: The peak represents the highest point of economic expansion before the cycle starts to slow down.

Recession: This phase marks a slowdown in economic activity. It is characterized by declining GDP, rising unemployment, reduced consumer spending, and decreased business investments.

Trough: The trough represents the lowest point of the business cycle. It is the phase where the economy reaches its bottom before starting to recover.

difference between debit the receiver and credit the giver ​

Answers

Answer:

Explanation:

When a payment is made to somebody, you debit the receiver of that payment and credit Cash or Bank as money is paid from cash or by means of cheque. When money or cheques are received, you credit the person who is paying you and you debit the cash or bank.

Stacy wants to teach 3rd graders in a public school she just finished her bachelor's degree in education what is he required to obtain before he starts work

Answers

Answer:

The first thing that Stacy needs to get is teacher certification.

Explanation:

State governments are the ones in charge of certificating teachers, in other words, depending on the state, a person is required to pass a test or tests that enables them to teach. It is like obtaining a license for teaching, except that teachers obtain it only once.

as the size of retail firms has increased through growth and consolidation, more retailers have developed ________blank merchandise, which they use to establish a distinctive identity.

Answers

As the size of retail firms has increased through growth and consolidation, more retailers have developed "private label" merchandise, which they use to establish a distinctive identity.

Private label merchandise, also known as store brands, refers to products that are specifically developed and sold by a retailer under its own brand name or label. These products are distinct from national or manufacturer brands and are exclusive to the retailer's stores. Retailers invest in the development, branding, and marketing of private label merchandise to differentiate themselves from competitors and create a unique offering for their customers.

Private label merchandise allows retailers to control various aspects of the product, including quality, pricing, and packaging, enabling them to tailor the offerings to their target market. By offering private label products, retailers can establish a distinctive identity and create a sense of exclusivity or differentiation. This helps them build customer loyalty and compete effectively in the market.

Private label merchandise often offers comparable quality to national brands at a lower price point, providing value to customers. Retailers may position their private label products as affordable alternatives or premium options, depending on their target market and overall brand strategy.

The development of private label merchandise has become a significant strategy for retailers of all sizes, as it allows them to leverage their scale, resources, and customer base to create a unique product offering that sets them apart from competitors.

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The advantages of using in-house marketing and advertising staff include all of the following except: Question 27 options: A) greater control. B) global accounts. C) lower cost. D) brand knowledge. E) superior product.

Answers

All of the mentioned factors are advantages of having an in-house marketing staff except E. Superior product

Using an in-house marketing department instead of an external agency means that the company will not benefit from the experience of the agency which they gained from:

Specializing in marketing Attracting top talents

In the end therefore, the marketing product produced by the in-house department will be inferior to that, that would have been produced by the agency.

In conclusion, the in-house department will not produce a superior product.

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Can I have help on this table?

Can I have help on this table?

Answers

Answer:

well I will have to research this I will be back to you in a litTle jiffy!

Explanation:

I love peanut butter!

(ANSWERED) Which of the following techniques can be used to evaluate a job candidate's qualifications?
done

A.
Call and talk with the applicant's references.

B.
Evaluate applicant's private correspondence.
close

C.
Observe the applicant in his or her present job situation.

D.
Call and talk with applicants' friends and family.


ANSWER: A - Call and talk with the applicant's references.

Answers

Explanation:

.

Evaluate applicant's private correspondence.

close

One benefit of a savings account is that you can earn interest on your deposits
O True
O False

Answers

Answer:

O True

Explanation:

A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.

Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.

What is the difference between gross pay and net pay?

Answers

Answer:

Net pay describes your pay after deductions; gross pay is before.

Explanation:

Suppose you learned that the price elasticity of demand for wheat is -0.70 between the current price for wheat and a price $2 dollars higher per bushel. Do you think farmers collectively should try to reduce the supply of wheat and drive up the price up 2 dollars higher per bushel? Why?

Answers

No, because the price elasticity of demand for wheat is inelastic (-0.70), which means that a change in price will result in a proportionately smaller change in quantity demanded, so reducing supply may not significantly increase the price.

Given that the price elasticity of demand for wheat is -0.70 between the current price for wheat and a price $2 dollars higher per bushel, it means that the quantity demanded of wheat is relatively inelastic, as a 1% increase in price will cause less than a 1% decrease in the quantity demanded (-0.70 < -1).

Therefore, farmers cannot significantly increase their revenue by reducing the supply of wheat and driving up the price by $2 per bushel, as the decrease in quantity demanded will not offset the price increase. Hence, reducing the supply of wheat will not be a profitable decision for farmers in this situation.

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Bitcoin is worth it?

Answers

You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

What is the answer for (17525) (0.04) (72)

Answers

Answer:

50472

Explanation:

Answer:

50,472.

Explanation:

If you do 17525(0.04) you get 701. then 701(72) is 50,472.

What do insurance companies pay to compensate consumers after a loss? copayments deductibles payouts premiums

Answers

Answer:

C. payouts

Explanation:

i took the test

whats the difference between life values and work values

Answers

Answer:

life values: are things you respect in your rights as a human

Authenticity Adventure Balance.

Bravery Compassion Challenge.

Citizenship Community Creativity.

Curiosity Determination Fairness.

Freedom Friendships Fun.

Generosity Growth Honesty.

Integrity Justice Kindness.

work values: are things you value and respect threw  the service that you work with for example

Loyalty

A Strong Work Ethic.

Dependability and Responsibility.

Possessing a Positive Attitude.

Adaptability.

Honesty and Integrity.

Self-Motivated.

Motivated to Grow and Learn.

Strong Self-Confidence.

Explain the importance of leisure activities.

Answers

Answer:

leisure activities improve the productivity of people

Explanation:

if you feel stressed and then go to a water park, you will get less stressed right?

you are in an car crash

The word is CAR.................

WHERE ARE YOU?

WHERE IS THE CAR LOCATED?

WHAT COLOR IS?

WHO IS WITH YOU?

HOW DID YOU ARRIVE AT YOUR DESTINATION?

WHERE WERE YOU TRYING TO GO?

ARE YOU INJURED?

IS ANYONE ELSE INJURED?

HOW ARE YOU FEELING?

IS IT DAYTIME OR NIGHT TIME?

DOES THE CAR BELONG TO YOU?

HAVE THE POLICE BEEN CALLED?

ANY CHILDREN OR PARENTS AROUND?
HOW ARE THEY REACTING?

Answers

Answer:

ayudaaaáaaaaaaaaaaaaaaaaaaaaaaaaaa

Two synchronous machines operate in parallel and supply a total load of 300 MW. The capacities of the machines are 150 MW and 300 MW and have generator droop characteristics of 4% and 3% from no load to full load respectively. (i) Calculate the load taken by each machine assuming free governor action. What is the new load taken by machine 300 MW if the droop characteristic of this machine is changed to 4%?

Answers

Machine 1 takes a 43 MW load and Machine 2 takes a  129 MW load assuming free governor action and the new load taken by machine 300 MW is 150 MW.

In a parallel operation of synchronous machines, the load is shared based on the capacity and droop characteristics of each machine. Machine 1 has a capacity of 150 MW and a droop characteristic of 4%, while Machine 2 has a capacity of 300 MW and a droop characteristic of 3%. The load taken by each machine can be calculated by considering their capacities and droop characteristics.

Machine 1:

Load taken by Machine 1 = (Droop of Machine 1 / Sum of Droops) * Total Load

Load taken by Machine 1 = (4% / (4% + 3%)) * 300 MW

Load taken by Machine 1 = (4% / 7%) * 300 MW

Load taken by Machine 1 ≈ 42.86 MW ≈ 43 MW

Machine 2:

Load taken by Machine 2 = (Droop of Machine 2 / Sum of Droops) * Total Load

Load taken by Machine 2 = (3% / (4% + 3%)) * 300 MW

Load taken by Machine 2 = (3% / 7%) * 300 MW

Load taken by Machine 2 ≈ 128.57 MW ≈ 129 MW

If the droop characteristic of Machine 2 is changed to 4% (similar to Machine 1), the new load taken by Machine 2 can be calculated as:

New Load taken by Machine 2 = (4% / (4% + 4%)) * 300 MW

New Load taken by Machine 2 = (4% / 8%) * 300 MW

New Load taken by Machine 2 ≈ 150 MW

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Drag the tiles to the correct boxes to complete the pairs. Match the scenarios with terms related to financial aid.

Drag the tiles to the correct boxes to complete the pairs. Match the scenarios with terms related to

Answers

Answer:

Financial Need - Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family.

FAFSA - Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session which he will learn how the loan process works, as well as his responsibilities.

Entrance Counseling - Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan's education.

shannon budgeted $50,000 to start an investment program. she just used all of it to invest in an apartment building. which disadvantage of real estate investing is best represented here?
A. Large initial investment B. Lack of diversification C. Interest rate risk

Answers

The disadvantage of real estate investing best represented in this scenario is option B: Lack of diversification.

The best representation of a disadvantage of real estate investing in this scenario is the lack of diversification (option B). Shannon allocated her entire budget of $50,000 to invest in a single apartment building. This lack of diversification means that her entire investment is concentrated in one asset class and one specific property. By not diversifying her investment portfolio across different assets or property types, Shannon exposes herself to higher risk. If the value of the apartment building were to decline or if the rental market were to weaken, her entire investment could be negatively impacted. Diversification is a risk management strategy that spreads investments across different assets to reduce exposure to any single investment. In this case, Shannon's decision to invest all of her budget in one apartment building increases her vulnerability to the performance and fluctuations of that specific property, highlighting the disadvantage of lack of diversification in real estate investing.

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Classify each of the following as an exothermic or endothermic reaction. Drag the appropriate statements to their respective bins. Reset Help The energy level of the reactants is lower than that of the products. The combustion of wood provides energy A reaction releases 101 J. Exothermic Endothermic Submit Request Answer A shell is shot with an initial velocity, v0 of 20m/s,at an angle of 0= 60 with the horizontal. At thetop of the trajectory, the shell explodes into two fragments ofequal mass. One fragment, whose speed immediately after theexolosion is zero, falls vertically. How far from the gun does theother fragment land, assuming that the terrain is level and thatair drag is negligible? Water flows into a lake at a constant rate.Grace recorded that 400 litres of water flowed into the lake in 1 minute.She recorded the number of litres to the nearest 20 litres.She recorded the time to the nearest10 seconds.Calculate the upper bound for the rate at which the water could have flowed into the lake.Give your answer in litres per second to 2 d.p. How does assertiveness influence unequal power relationships In a 1500 or more word rhetorical analysis essay (typed, double spaced), analyze the use and effect of argument (persuasion/rhetorical strategies and devices) in the "Peter H. Coors-Im the NRA" ad (posted on Canvas). In your essay, address the following through the analysis of rhetorical strategy and appealsintent, audience, and central arguments/claims (sometimes these, as well as the intent, are not presented overtly or openly in the text and are implied and meant to be inferred by the target audience). We have already gone over one ad from the same NRA campaign. So use your experience with that text to inform your analysis of this one.Remember analyze for rhetorical strategies such as the Aristotelian appeals--ethos, pathos logos,. Also consider the specific use of these appeals-- to fear, guilt, freedom, choice, logic, charity, etc Also note the use of fallacies and how they are used to insinuate a logical argument. You should also consider how other rhetorical devices work (like anaphora, loaded diction, mythfrom Barthes--, simile, analogy, etc) Remember to use specific examples from the ad and to support your claims about the persuasive aspects of the ad with complete explanations of how the rhetorical strategies/devices work to persuade.PETER H. COORS: President of the Brewing Division of Aldolph Coors Company, Husband, Father, Hunter, Life Member of the National Rifle Association."Lots of people have asked me why I like to hunt. I just feel something about being in the country. Getting up early when its cold and crisp, sitting in a duck bind watching the orange sun rise over the bulrush, swapping stories and drinking hot coffee. Its like bowling or fishing or dirtbiking for other people. Its part of our heritage and our freedom, And some of the most enjoyable times Ive had with my kids have been in that environment. "But there is constant pressure from people who would like to take away the privilege of owning a gun. Its always been difficult for me to understand why they want to restrict legitimate use of firearms. Its not a social problem. The social problem is the illegitimate use of firearms, which should be taken care of by our courts and legal system."I support the NRA because it is the most effective way for individuals to join together in supporting the rights of legitimate users of firearms. Without those rights, the privilege and enjoyment of the hunting experience might be lost for me and my kids. Wed be missing a lot." Im the NRA(In small print below the image)The NRAs Hunter Services Division offers programs and publications for hunter safety and education, including the comprehensive "Basic Hunters Guide." If you would like more information about our publications or would like to join the NRA write to...(NRA address given) which of the following issues are not included in a true learning disability? multiple select question. explain the problem of NDLEA Given the equation x + 4x + y-2y = 20: (HINT: Type in the equation is the desmos calculator and get the answers from the graph.)What is the radius of the circle?What is the center of the circle? english philosopher john locke regarded a child as a tabula rasa, which is a latin phrase meaning When an auditor qualifies an opinion in an audit of a nonissuer because of the omission of information required to be disclosed, the auditor should describe the nature of the omission in the basis for qualified opinion paragraph and modify the:Introductory ParagraphAuditor's Responsibility SectionOpinion ParagraphA. Yes No NoB. Yes Yes NoC. No Yes YesD. No No Yes Tara bought 12 yards of fabric to make tote bags. Each bag requires 1.25 yards of fabric. Write an equation that shows how the number of yards or fabric remaining, depends on the number of tote bags Tara sews, x. Which of the following would be in the raw materials inventory of a company making ice cream? Multiple Choice Ice cream that has been made but is freezing to the level required for shipping. Milk and cream used to make the ice cream Frozen ice cream that is waiting to be shipped to retailers. Ice cream that has been made but is freezing to the level required for shipping. Milk and cream used to make the ice cream. Frozen ice cream that is waiting to be shipped to retailers. Ice cream in process awaiting the addition of nuts. Of the following electron configurations of neutral atoms, which represents an atom in an excited state?A. 1s 2s 2pB. 1s 2s 2p 3sC. 1s 2s 2p 3sD. 1s 2s 2p 3s 3pE. 1s 2s 2p 3s 3p