ECN 300 Money and Banking-DQs
1. Describe the major goals of the Fed and how well they have been achieved in the past 20 years.
2. Compare and contrast the output gap, the unemployment gap, and the inflations gap.
3. Why have rules for monetary policy based on money growth been unsuccessful in recent years?
4. Would it make sense for a central bank to try inflation targeting by using the Taylor rule? What problems might the central bank encounter in trying to do so?

Answers

Answer 1

The Fed has been relatively successful in achieving these goals in the past 20 years. The US economy has grown steadily, unemployment has fallen, and inflation has been kept under control. However, there have been some challenges.

The major goals of the Fed are to:

Promote economic growth

Keep unemployment low

Keep inflation low

The output gap is the difference between the actual output of an economy and its potential output. The unemployment gap is the difference between the actual unemployment rate and the natural unemployment rate. The inflation gap is the difference between the actual inflation rate and the target inflation rate. The output gap, unemployment gap, and inflation gap are all important measures of the health of an economy. A positive output gap indicates that the economy is growing faster than its potential, which can lead to inflation. A negative output gap indicates that the economy is growing slower than its potential, which can lead to unemployment.  Rules for monetary policy based on money growth have been unsuccessful in recent years because the relationship between money growth and inflation has broken down. The Taylor rule is a formula that tells the central bank how much to change interest rates in response to changes in inflation and output. The Taylor rule has been shown to be effective in keeping inflation low and stable.

However, there are some problems that a central bank might encounter in trying to use the Taylor rule. One problem is that the Taylor rule is based on a number of assumptions, and if these assumptions are not met, the Taylor rule may not be effective. Another problem is that the Taylor rule is a blunt instrument, and it may be difficult for the central bank to use the Taylor rule in a way that does not cause too much volatility in the economy.

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Related Questions

The number of minorities in the workforce is _____. a. diminishing b. increasing c. unchanging d. decreasing

Answers

Answer:

Option b (increasing) is the correct choice.

Explanation:

Business owners may use statistics on either the minority race demographic to select a representative sample of about there workers with either the aspects of the brand living nearby. The population group query has also been used to obtain a depend on a number element.

The remaining three options are not relevant to the situation in question. It should be the correct solution to the above.

Answer:

it is b

Explanation:

hope this helps

As a business owner, Marlon analyzed the economy to determine if it is a good time to open a new shop. What facts probably helped him realize that it is a good time do it?

Low unemployment rate and prices are rising slowly

High unemployment rate and prices are rising quickly

Few homes are being sold and restuarants are closing

Prices aren't changing and factories are shrinking

Answers

As a business owner, Marlon's decision to open a new shop would have been influenced by several economic factors. The two factors that probably helped him realize that it is a good time to do so are the low unemployment rate and slowly rising prices. These indicators suggest a stable economy with a healthy labor market and a controlled inflation rate. The correct option is a.

A low unemployment rate implies that there is a high demand for labor, which means that consumers have purchasing power to support businesses. In addition, low unemployment rates tend to increase consumer confidence, which can translate into higher spending and revenue for businesses. The slowly rising prices also suggest that inflation is under control, which means that consumers are not feeling the pinch of increasing costs of goods and services. This can lead to increased spending and growth in the economy.

On the other hand, the other options presented in the question, such as high unemployment rates and quickly rising prices, few homes being sold, and restaurants closing, indicate a weak or declining economy. High unemployment rates and quickly rising prices can result in decreased consumer confidence and lower spending, which can be detrimental to businesses. Few homes being sold and restaurants closing are also signs of a weak economy with decreased demand.  The correct option is a.
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dole, the sole owner of enson corp., transferred a building to enson. the building had an adjusted tax basis of $35,000 and a fair market value of $100,000. in exchange for the building, dole received $40,000 cash and enson common stock with a fair market value of $60,000. what amount of gain did dole recognize?

Answers

In this scenario, Dole transferred a building to Enson Corp. with an adjusted tax basis of $35,000 and a fair market value of $100,000. In exchange for the building, Dole received $40,000 in cash and Enson common stock worth $60,000.

To determine the amount of gain recognized by Dole, we need to compare the amount realized with the adjusted basis of the building. The amount realized is the sum of cash and the fair market value of the stock, which is $100,000.  To calculate the gain recognized, we need to subtract the adjusted basis of the building from the amount realized. In this case, the adjusted basis is $35,000, so the gain recognized by Dole is $65,000 ($100,000 - $35,000). Therefore, Dole will need to pay taxes on the gain of $65,000, which is the difference between the fair market value of the building and its adjusted tax basis.

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One disadvantage of using a company’s tuition reimbursement program is that _______.
a.
You may have to extend your contract with the company
b.
Your ongoing education costs will rise considerably
c.
It may decrease your job satisfaction if you become more skilled
d.
Ongoing education has been proven to decrease worker motivation

Answers

One disadvantage of using a company’s tuition reimbursement program is that you may have to extend your contract with the company.

Tuition reimbursement is offered by employers as a way to pay back employees for education expenses. The people who participated still have to pay out of pocket for the courses they take. At the end of the course, the employee can get back some or all of the tuition expenses.

Answer:

is A. You may have to extend your contract with the company

Explanation: I took the test and is right

(100 POINTS)How much money will i make my first week from dropshipping

Answers

I’d say you will probably make $100- $150 dollars.
i’ll say between 100 to 200

You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?

Answers

Answer:

The change should you expect in operating cash flows next year would be 19.60%

Explanation:

In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:

change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year

change should you expect in operating cash flows=2.8*0.07

change should you expect in operating cash flows=19.60%

The change should you expect in operating cash flows next year would be 19.60%

The common stock of Xiang Estates has an expected return of 13.3 percent. The expected return on the market is 10 percent, the inflation rate is 1.4 percent, and the risk-free rate of return is 1.3 percent. What is the beta of this stock?

Answers

The beta of the common stock of Xiang Estates given the expected return, expected market rate of teturn and risk free rate is 1.24.

What is the beta?

Beta is used to measure systemic risk. Systemic risk is the risk that cannot be diversified away. The higher beta is, the higher systemic risk is and the lower beta is, the lower systemic risk is.

Beta = (expected return - risk free rate) / market premium

(13.3 - 1.3) / ( 10 - 1.3) = 1.24

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The chances of a risk event occurring as a project proceeds through its life cycle tend to.

Answers

The chances of a risk event occurring as a project proceeds through its life cycle tend to Slowly drop.

what is a risk event?

A risk event is something that is uncertain and matters. Matters in the sense that it prevents objectives from being met. Similarly, an opportunity event is something uncertain and important — important in the sense that it contributes to the achievement of goals.

Any unforeseen or unexpected occurrence that can result in losses for investors or other stakeholders in a company or investment is referred to as event risk.Credit default swaps and other credit derivatives can be used to hedge against credit events such as default or bankruptcy.Natural disasters and theft, for example, can be mitigated by insurance policies that cover such risks.

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Evaluate whether a business should made decisions solely on the basis of the profit made or weather it should also consider other factors.​

Answers

While profit is important, it should not be the only factor that businesses consider when making decisions. A holistic approach that takes into account the impact on the environment, employees, and wider society is essential for sustainable success.

While profit is certainly a crucial factor for any business, it should not be the sole consideration when making decisions. There are other important factors that should be taken into account to ensure that the business is sustainable in the long run.
One such factor is the impact on the environment. Companies have a responsibility to reduce their carbon footprint and to minimize the negative impact of their operations on the environment. Failing to do so could result in a damaged reputation and loss of customers who are increasingly concerned about the environment.
Another important consideration is the well-being of employees. A business that values its employees and creates a positive working environment will be more productive and have lower turnover rates. It is also important for businesses to be socially responsible and to give back to the community through charitable donations and other initiatives.
Furthermore, businesses must also consider their impact on the economy. Decisions that negatively affect other businesses or the wider community could have negative consequences in the long term.
In conclusion, while profit is important, it should not be the only factor that businesses consider when making decisions. A holistic approach that takes into account the impact on the environment, employees, and wider society is essential for sustainable success.

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A business should not make decisions solely based on profit but should also consider other factors. While profit is a crucial aspect for the sustainability and growth of a business, focusing exclusively on profit can lead to negative consequences in the long run. Here are some reasons why businesses should consider other factors:

1. Ethical and Social Responsibility: Businesses have a responsibility to act ethically and consider the impact of their decisions on society and the environment. Ignoring ethical considerations can lead to reputational damage, legal issues, and loss of public trust.

2. Customer Satisfaction: Satisfying customer needs and providing value should be a priority for any business. A sole focus on profit may lead to compromising product quality, customer service, or neglecting customer feedback, which can ultimately harm the business's reputation and customer loyalty.

3. Employee Well-being: Employees are vital to the success of a business. Considering factors such as fair wages, a safe working environment, and opportunities for growth and development can enhance employee morale, productivity, and retention. Ignoring employee well-being may lead to high turnover rates, decreased productivity, and a negative work culture.

4. Long-Term Sustainability: Making decisions with a long-term perspective is essential for the sustainability of a business. Focusing solely on short-term profit may result in neglecting investments in innovation, research and development, employee training, and market expansion, which can limit the business's ability to adapt to changing market dynamics and stay competitive.

5. Stakeholder Relationships: Businesses operate within a network of stakeholders, including suppliers, investors, communities, and regulators. Considering the interests and maintaining positive relationships with these stakeholders is vital for long-term success. Ignoring stakeholder concerns may result in legal and regulatory challenges, supply chain disruptions, and damage to the business's overall reputation.

In conclusion, while profit is important for the viability of a business, decisions should also consider ethical, social, and long-term factors. By adopting a holistic approach, businesses can build a sustainable and responsible foundation that benefits all stakeholders and ensures long-term success.

he government increasing/decreasing its spending and/or increasing/decreasing tax rates would have to do with ________________. *

Answers

Answer:

Fiscal policies

Explanation:

Fiscal policies are the actions of the government of adjusting taxes and expenditure to achieve desired macroeconomics objectives. The government's spending and taxation activities have a great influence on the level of economic activities in the country.

The government has the objective of maintaining stable prices, a low inflation rate,  a low unemployment rate, and steady economic growth. Through its various agencies, the government receives data showing the parameters of each of the macroeconomic variables.  Depending on the state of the economy, the government adjusts taxes and spending to achieve desired objectives.

By reviewing IBM's income statements, we can infer:
O None of the above
O IBM's provision for income taxes has been increasing each of the past three years
O IBM's net income has stayed the same over the three years
O IBM's EPS has grown faster than net income for the past three years
O IBM has had the same weighted-average number of shares outstanding for the past three year

Answers

IBM's income statements suggest that IBM's EPS has grown faster than its net income over the past three years.

The income statements of IBM indicate that the company's EPS (Earnings Per Share) has experienced a faster growth rate compared to its net income over the past three years. This suggests that the company has been able to generate higher earnings on a per-share basis despite the net income remaining relatively unchanged. This situation could be a result of various factors, such as a decrease in the weighted-average number of shares outstanding or the implementation of strategies to increase the profitability per share.

By focusing on improving EPS, IBM may be aiming to enhance shareholder value and attract investors by showcasing stronger earnings performance on a per-share basis. However, without further details or specific financial figures, it is not possible to determine the exact reasons behind this trend or its implications for the company's overall financial health.

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Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 The Vintage Restaurant, on Captiva Island near Fort Myers, Florida, is owned and operated by Karen Payne. The restaurant just completed its third year of operation. During those three years, Karen sought to establish a reputation for the restaurant as a high-quality dining establishment that specializes in fresh seafood. Through the efforts of Karen and her staff, her restaurant has become one of the best and fastest-growing restaurants on the Island. To better plan for future growth of the restaurant, Karen needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance. The following table shows the value of food and beverage sales ($1,000s) for the first three years of operation: Your Tasks: Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations. Include the following: a. A time series plot. Comment on the underlying pattern in the time series. Using the dummy variable approach, forecast sales for January through December of the fourth year. How would you explain this model to Karen? Assume that January sales for the fourth year turn out to be $295,000. What was your forecast error? If this error is large, Karen may be puzzled about the difference between your forecast and the actual sales value. What can you do to resolve her uncertainty about the forecasting procedure

Answers

The sales are generally highest in the winter months and lowest in the summer months, with peak in January of the third year at $282,000.

What are sales?

Sales refer to exchange of goods or services for money or other valuable consideration. It is the process of convincing potential customers to purchase a product or service by communicating its value, benefits, and features. The sales process typically involves prospecting, qualifying leads, making a sales pitch, handling objections, closing the sale, and following up with the customer. Sales can occur through various channels, including in-person, over the phone, online, or through direct mail. Successful sales depend on the ability to understand and meet customer needs, build relationships, communicate effectively, and provide exceptional customer service. Sales are essential to the success of any business as they generate revenue and help to grow and expand the business.

Highest sales= $295,000- $13,000= $282,000

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not only do infants grow rapidly, but in proportion to body weight, their _____.

Answers

Not only do infants grow rapidly, but, in proportion to body weight, their basal metabolic rate is remarkably high about double or twice that of an adult.

The sentence highlights two key characteristics of infants: their rapid growth and their high basal metabolic rate (BMR). Infants undergo significant physical development in a relatively short period.

Their bodies are constantly changing and maturing as they acquire new skills and increase in size.

Additionally, infants have a remarkably high BMR compared to adults when considering their body weight. Basal metabolic rate refers to the amount of energy expended by an individual at rest to maintain essential bodily functions, such as breathing, circulation, and cell production.

Infants require a substantial amount of energy to support their rapid growth, tissue repair, and brain development.

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define sale trading

Answers

Answer:

A trade sale is the sale of a company, or part of a company, to another business that will carry on the company's trade

Name at least 2 challenges and at least 2 opportunities for managers in using Organizational Behavior (OB) concepts?

Answers

Answer: Improving Peoples’ Skills

Improving Customer Service

Explanation:

Two challenges and opportunities for managers in using Organizational Behavior (OB) concepts are;

Improving Peoples’ Skills

Improving Customer Service

Improving People's skills would be seen as seeing the people develop in various field and sector where they are performing and an avoidance of this affects the growth of the organization.

Improving the customer service improves the face of the business, once this is catered for, it gives a good reputation about the company.

How would you characterize the group discussion in the
teleconference?
What interpersonal dynamics did you observe? What were the
unstated rules of the game?

Answers

Characterizing the group discussion in the teleconference requires an understanding of the interpersonal dynamics and unstated rules that were observed.

Interpersonal dynamics in a teleconference group discussion can vary depending on factors such as the participants' personalities, roles, communication styles, and the purpose of the meeting. Some common dynamics that may be observed include:

1. Power dynamics: Participants may exhibit power dynamics based on their hierarchical positions or expertise in the subject matter. Dominant individuals may take charge of the conversation, while others may play more passive roles.

2. Communication styles: Different communication styles may be observed, such as assertive, passive, or collaborative. Some participants may be more vocal and assertive, while others may be more reserved and listen attentively.

3. Conflict and cooperation: Interactions may involve conflicts or disagreements, as well as instances of cooperation and collaboration. Participants may express differing opinions or perspectives, leading to debates or discussions aimed at finding common ground.

4. Engagement and participation: Participants' level of engagement and active participation can vary. Some may actively contribute ideas, ask questions, and provide insights, while others may be more passive and observe the discussion without active involvement.

The unstated rules of the game in a teleconference group discussion are often shaped by organizational culture, meeting norms, and individual expectations. These rules can influence how participants interact and behave. Some common unstated rules may include:

1. Respectful communication: Participants are expected to communicate respectfully, listen to others' viewpoints, and avoid interrupting or speaking over others.

2. Active listening: Participants are encouraged to actively listen and show attentiveness by nodding, using verbal cues, or providing feedback.

3. Turn-taking: Participants may follow a pattern of taking turns to speak, allowing everyone to contribute to the discussion. Unstated rules may discourage dominating the conversation or monopolizing speaking time.

4. Confidentiality: Depending on the nature of the discussion, participants may be expected to maintain confidentiality and not share sensitive information discussed during the teleconference.

5. Meeting agenda and time management: Participants may be expected to adhere to the meeting agenda, stay on topic, and manage time effectively to ensure productive discussions within the allocated time frame.

It's important to note that these observations may not apply to every teleconference group discussion and can vary based on the specific context and participants involved.

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Select the correct answer.
What is the minimum educational requirement for a pediatric psychopharmacologist?
A. MD
B. PhD
C. bachelor’s in medicine
D. master’s in medicine
E. PsyD

THE ANSWER IS A(md)

Answers

In my opinion I think the answer is C just to me

the year the volleyball was introduced​

Answers

Answer:

The Year was 1895

Hope that helps!

What are Pre-Tax Deductions and Contributions?
a) Contributions taken out of your paycheck BEFORE taxes are calculated on your income
b) Contributions taken out of your paycheck AFTER taxes are calculated on your income

Answers

The answer would be a

1. Which of the following is the term for the overall impression gathered from information
that is seen, heard and experienced by customers who encounter a business, its products
and services?
A. Brand promise
B. Positive feeling
C. Company culture
D. Company brand

Answers

The answer is D company brand

Company brand is the term for the overall impression gathered from information that is seen, heard and experienced by customers who encounter a business, its products and services. Hence, option D is correct.

What is a Company brand?

The brand of a firm serves as its identity and is one of the most valuable aspects of the enterprise. Consumers recognize brands, and rivals are wary of them. The marketing of a company's products must include strong company branding.

Despite the fact that brands are typically immaterial, we frequently connect them to things like products and names. Apple, Nike, Coca-Cola, Advil, and Tylenol are a few examples.

A firm is made up of workers who cooperate to accomplish a common objective. A brand, which is the personality of the company, is represented through specific aspects of the goods that a company makes. For instance, an apple may serve as the company's logo, mascot, and social media icon for an apple packaging company.

Thus, option D is correct.

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nn billed ott for $785 of advertising services provided this month on account. record the transaction.

Answers

To record the transaction for the $785 of advertising services provided this month on account to NN, we would need to make the following journal entry:

Accounts Receivable - NN: $785 (debit)
Advertising Revenue: $785 (credit)

This journal entry increases the accounts receivable balance for NN, as they now owe the company for the services provided. At the same time, the advertising revenue account is credited for the same amount, recognizing the income earned by the company from the provision of these services. This journal entry ensures that the company's financial statements accurately reflect the transaction and the impact on the business's financial position and performance.

To record the transaction of NN billing OTT for $785 of advertising services provided this month on account, follow these steps:

1. Identify the accounts involved: Accounts Receivable (NN) and Revenue (Advertising Services).
2. Determine the increase or decrease for each account: Accounts Receivable increases by $785 and Revenue increases by $785.
3. Record the transaction using a journal entry: Debit Accounts Receivable (NN) for $785 and credit Revenue (Advertising Services) for $785.

In summary, NN billed OTT for $785 of advertising services provided this month on account, and you recorded the transaction by debiting Accounts Receivable for $785 and crediting Revenue for $785.

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Write a dynamic succseess plan for your capital growth

Answers

My dynamic success plan for capital growth is focused on four key areas: education, investment strategy, risk management, and discipline.

First and foremost, I will prioritize ongoing education to stay up-to-date on market trends and changes. I will dedicate time and resources towards researching and studying successful investment strategies and making informed decisions that align with my goals and values.

My investment strategy will be a diversified approach with long-term value in mind. I will focus on allocating resources to areas that have historically shown steady growth, while also being discerning with individual stock picks.

Risk management will also play a critical role in my success plan. I recognize that investing comes with inherent risks, and I will actively monitor and adjust my portfolio to balance risk and reward.

Finally, discipline is key to success in any endeavor. I will stick to my investment plan, stay patient through market fluctuations, and avoid reactionary decisions. Over time, I am confident that my focus on education, strategy, risk management, and discipline will help me achieve my capital growth goals.

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who's birthday is in september?

Answers

Answer:

hii

Explanation:

not mines mines in January

Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s, specializes in clothing from the 1940s. you have four great employees, rebecca, rachel, roberto, and rafael. at first, business was good, but, recently, you have noticed that sales are slipping. puzzled, you turn to your management textbook for some ideas on how to turn things around.

Answers

Answer:

You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you ask two of your sales clerks if they would be willing to work part-time during those months. Management Science.

Management science refers solving problems and making decisions in a company in order to move it forward. By preferring solutions to the problem of slow sales over some months, you have engaged in management science.

You make sure that when you hire new people, you get input from each of the existing team members. if they're happy with the new hire, they're more likely to make that person part of the team, and the team will sell more. Humanistic Management Theory.

With Humanistic Management, the needs, wants and thoughts of employees are taken into account when making decisions because employees are not viewed as simple assets to the company but as humans who are complex. By finding out what your employees think of a new hire you are engaging in the Humanistic theory.

You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item they sell. Classical Management theory.

Classical management is based on certain premises such as the needs of employees being either physical or economic as well as profit maximization. By offering commissions as incentives you are appealing to the economic need of your employees. By engaging in practices aimed at getting people to buy more, you are engaging in profit maximization.

A customer survey shows that the men who come into the store would prefer to be left alone while they shop, but the women who come into the store want to be asked if they need assistance. you tell your employees to leave men alone and ask women if they want help. Contingency Theory.

Contingent Theory shows that for each situation in a company, it is best to manage it based on the internal and external factors affecting it. In this case men don't need help but women prefer it. Offer help to women but not to men. You are therefore basing actions on the factors affecting this situation.

Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s,

why do most people invest in the stock market?

Answers

Because many people invest in stocks simply because the odds are in their favor that over time, the market will go up and earn them money.

Answer:

To make profit

When a salesperson says or does something that creates agency such as giving advice to a customer, giving an opinion to a customer, or negotiating on the customer's behalf the licensee has:

Answers

Answer:

implied agency

Explanation:

The implied agency refer to an agency that is established from the principal and agent conduct. It develops the agency relationship. It is a real agency and a fact to be proved

Therefore as per the given situation since it is mentioned that at the time when the salesperson said or do something that establish the agency so this represent the implied agency

Therefore the same is to be considered

What the person above me said

Explanation:

i just took the asignment.

Telling customers that they only have until midnight to get sale prices is an appeal to

A. ethos.

B. logos.

C. pathos.

D. kairos.

Answers

Answer:

D. kairos.

Explanation:

Telling customers that they only have until midnight to get sale prices is an appeal to kairos.

Answer:

It's d

Explanation:

I have been wanting to write a script for a while now but i dont have a plot, please give me a plot idea most creative gets brainliest

Answers

Answer:

plot : in suburbs

oh girl who was abused all her life the forced into human trafficking ‍♀️

Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.

Answers

Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.

Explanation:

The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the negative of the slope of the total output curve at the relevant point. the slope of the line connecting the origin with the relevant point on the total output curve. the negative of the slope of the line connecting the origin with the relevant point on the total output curve.

Answers

Answer:

The slope of the total output curve at the relevant point.

Explanation:

A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.

Mathematically, marginal physical product of labor is given by the formula;

Marginal physical product of labor = ΔY/ΔL

Where, ΔY is the change in total physical output.

ΔL is the change in labor.

In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.

The marginal physical product of labor is the slope of the total output curve at the relevant point.

For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5.

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