suppose that the price level is fixed in the short run so that the economy doesn't reach general equilibrium immediately after a change in the economy. For each of the following changes, what are the short-run effects on the real interest rate and output? Assume that, when the economy is in disequilibrium, only the labor market is out of equilibrium; assume also that for a short period firms are willing to produce enough output to meet the aggregate demand for output.
1. a decrease in the expected rate of inflation.
2. an increase in consumer optimism that increases desired consumption at each level of income and the real interest rate.
3. a temporary increase in government purchases.
4. an increase in lump-sum taxes, with no change in government purchases(con-sider both the case in which Ricardian equivalence holds and the case in which it doesn't) For this question, please state ricardian equivalence first.
5. a scientific breakthrough that increases the expected future MPK.
Answers
A decrease in the expected rate of inflation Short-run effect on the real interest rate
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Related Questions
Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value, authorized 1,000,000 shares, issued 200,000 shares $2,000,000 Additional paid-in capital 600,000 Retained earnings 1,500,000 $4,100,000 Less treasury stock, at cost, 10,000 shares (180,000) Total stockholders' equity $3,920,000 The following events occurred in Year 4: March 1: 8,000 shares of treasury stock were reissued for $96,000. August 1: 5,000 shares of previously unissued common stock were sold for $15 per share. December 1: The distribution of a 2-for-1 stock split resulted in halving of the common stock's per-share par value. Homestead accounts for treasury stock under the cost method. Laws in the state of Homestead's incorporation protect shares held in treasury from dilution when stock dividends or stock splits are declared. The number of outstanding common shares at December 31, Year 4, should be
Answers
This question is to complex. In Order for this to be answerable you would need to put it into chunks
What is it called when free-riding threatens the provision of a public good?
Answers
When free-riding threatens the provision of public goods is The Free Rider Problem. A free rider is someone who gets the benefits of a product at no cost
A free rider is someone who gets the benefits of a product at no cost. It appears in public goods because people are free to benefit from goods without paying for them. When you consume it, it doesn't reduce the benefits received by others. Also, you can't exclude other people from using it either. You and your neighbors spend money on street lighting. Once installed, these lights are beneficial to local residents. For example, children can play at night.
Although it is profitable for local residents, outsiders who cross the area also get the same benefits even if they don't buy. Likewise, when your friends visit from out of town, they also feel the benefits.
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Determine the profit maximizing price and quantity of resources in factor markets under perfect and imperfect competition by use of marginal analysis.
Answers
The demand for resources is derived from the demand for products and services, since most resources in their native form have little benefit. Businesses buy resources from households, who are the direct or indirect owners of land, labor, capital, and entrepreneurial resources, to produce the products and services that society desires. This is part of the circular flow model where businesses supply products that households demand and where businesses demand resources that households supply
Resource demand depends on the productivity of the resource in creating the good and also on the market value of the good produced. The production function relates the quantity of inputs used to produce a good to the quantity of output of that good.
Output Quantity
Production Function = ÷
Input Quantity
Graph of the production function, showing the relationship of the quantity of product output over the quantity of resource input.
However, for a firm with fixed assets, the production function increases more slowly as the quantity of inputs increases.
Marginal product (MP) is the additional output that results when using an additional resource unit.
Output Change
Marginal Product = ÷
Additional Input
When variable resources are applied to fixed resources or fixed assets, the marginal product diminishes as more additional resources are added, which is called, naturally enough, the principle of diminishing marginal product.
Which is a positive reason for using a credit card to
finance purchases?
A- You'll be able to spend a lot of money without
paying it back.
B- Paying it off on time can help build your credit
history.
C- You will get charged high interest.
D- You won't have to budget for your credit card
expenses.
Answers
Answer:
B.
Explanation:
Making purchases on a credit card establishes a credit history. Paying it off on time will strengthen your credit score.
With your credit built up it is way easier to buy a house or a car or any big purchases including investing in something and paying it off as you can and as it’s easier for you
Critique the following statement: “Safety is not important in offices or retail workplaces.”
Answers
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
The answer the site said after I took it
Answer:
Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.
Explanation:
Sample answer; edge 2021
HELP ASAP Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company provides discipline for bad behavior like giving
employees days off.
B. The company recruits college graduates instead of high school
graduates.
C. The company better plans for the number of employees to hire.
D. The company tells employees that their work matters.
Answers
Answer:
D. The company tells employees that their work matters.
Explanation:
Every employer desires to attract and retain the best workers. Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.
Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.
Where is the location of the Board of Governors?
Answers
Microeconomics looks at the ______
relationship between consumers and
producers and how this relationship affects the economy.
Answers
Answer:
economy
Explanation:
Microeconomics examines the economic relationship between producers and consumers and its impact on the economy.
Microeconomics refers to the study of decision-making by individuals and businesses, while macroeconomics focuses on the decisions made at the national and governmental levels.
As consumers require goods and services, producers aim to make a profit from providing them.
The economic choices are influenced by factors such as prices, demand, and supply. Ultimately, determining the cost of products and services is the responsibility of both parties involved.
The economy of a society is built on the creation of wealth through selling and purchasing. Producing and consuming are done by consumers and producers respectively. Therefore, the economic relationship is the correct answer.
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The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answers
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
I will give Brainliest solve y x+-12-14=
Answers
Answer:
yx-26
Explanation:
Which statement best explains why the United States grew into a world
economic power in the 20th century?
O A. The United States prevented other countries from abandoning the
gold standard.
O B. The United States increased its participation in international trade.
C. The United States put effective trade barriers in place to limit trade
with other nations.
D. The United States stayed out of major world wars and instead
made economic investments.
Answers
Answer:
B. The United States increased its participation in international trade.
Explanation:
The correct option is - B. The United States increased its participation in international trade.
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a in the advertising process for the product.
Answers
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Jonathan plays the role of a consultant in the advertising process for the product.
What is a consultant?Generally, A professional who, in addition to providing advice, engages in additional activities that serve a purpose related to their area of expertise is known as a consultant. As a kind of contingent labor, consulting services are often classified as falling within the umbrella of professional services.
Consultants, who are often known as management consultants, assist businesses in dealing with change and finding solutions to issues in order to make such businesses run more effectively and, as a result, more financially.
In order to assist their client organizations in becoming more successful in their commercial endeavors, consultants provide them with guidance and knowledge.
In conclusion, Since Jonathan was brought in from outside the organization to do a particular task, I would classify him as a contract employee, sometimes known as a consultant.
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CQ
Jonathan is a photographer. He has been hired by a company to shoot an advertisement for their product. Which role does Jonathan play in the advertising process for the product? Jonathan plays the role of a ____ in the advertising process for the product.
if state laws specify different minimum wages than the federal wage level, employers can choose which wage to pay
Answers
If state laws specify different minimum wages than the federal wage level, employers are required to pay the higher of the two wages.
If state laws specify different minimum wages than the federal wage level, employers cannot choose which wage to pay. They must pay whichever wage is higher between the two. This is because the Fair Labor Standards Act (FLSA) establishes the federal minimum wage rate that employers must pay their employees. The FLSA requires employers to pay employees a minimum wage of at least $7.25 per hour.
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If the money supply grows at 6% and the inflation rate is 2%, the quantity theory predicts that the change in real GDP will be
Answers
Answer:
I believe the answer is 4%
Explanation:
Define equilibrium price, demand schedule, and supply schedule. Then, briefly explain how demand and supply schedules are used to find the equilibrium price. (4 points)
Answers
When two lines on a diagram cross, this intersection usually means something. On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium.
What Is a Demand Schedule?
In economics, a demand schedule is a table that shows the quantity demanded of a good or service at different price levels. A demand schedule can be graphed as a continuous demand curve on a chart where the Y-axis represents price and the X-axis represents quantity.
An example from the market for gasoline can be shown in the form of a table or a graph. A table that shows the quantity demanded at each price, such as Table 1, is called a demand schedule.
Price (per gallon) Quantity Demanded (millions of gallons)
$1.00 800
$1.20 700
$1.40 600
$1.60 550
$1.80 500
$2.00 460
$2.20 420
Table 1. Price and Quantity Demanded of Gasoline
Supply schedule
again using the market for gasoline as an example. Like demand, supply can be illustrated using a table or a graph. A supply schedule is a table, like Table 2, that shows the quantity supplied at a range of different prices. Again, price is measured in dollars per gallon of gasoline and quantity supplied is measured in millions of gallons.
Price (per gallon) Quantity Supplied (millions of gallons)
$1.00 500
$1.20 550
$1.40 600
$1.60 640
$1.80 680
$2.00 700
$2.20 720
Table 2. Price and Supply of Gasoline
Equilibrium price
gallon) Quantity demanded (millions of gallons) Quantity supplied (millions of gallons)
$1.00 800 500
$1.20 700 550
$1.40 600 600
$1.60 550 640
$1.80 500 680
$2.00 460 700
$2.20 420 720
Table 3. Price, Quantity Demanded, and Quantity Supplied
Because the graphs for demand and supply curves both have price on the vertical axis and quantity on the horizontal axis, the demand curve and supply curve for a particular good or service can appear on the same graph. Together, demand and supply determine the price and the quantity that will be bought and sold in a market.
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount of the product consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied). This common quantity is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.
In Figure 3, the equilibrium price is $1.40 per gallon of gasoline and the equilibrium quantity is 600 million gallons. If you had only the demand and supply schedules, and not the graph, you could find the equilibrium by looking for the price level on the tables where the quantity demanded and the quantity supplied are equal.
The word “equilibrium” means “balance.” If a market is at its equilibrium price and quantity, then it has no reason to move away from that point. However, if a market is not at equilibrium, then economic pressures arise to move the market toward the equilibrium price and the equilibrium quantity.
Imagine, for example, that the price of a gallon of gasoline was above the equilibrium price—that is, instead of $1.40 per gallon, the price is $1.80 per gallon. This above-equilibrium price is illustrated by the dashed horizontal line at the price of $1.80 in Figure 3. At this higher price, the quantity demanded drops from 600 to 500. This decline in quantity reflects how consumers react to the higher price by finding ways to use less gasoline.
Moreover, at this higher price of $1.80, the quantity of gasoline supplied rises from the 600 to 680, as the higher price makes it more profitable for gasoline producers to expand their output. Now, consider how quantity demanded and quantity supplied are related at this above-equilibrium price. Quantity demanded has fallen to 500 gallons, while quantity supplied has risen to 680 gallons. In fact, at any above-equilibrium price, the quantity supplied exceeds the quantity demanded.
What are the 4 mixed economic systems?
Answers
A pure market economy, a pure command economy, a mixed economy, and a traditional economy are the four primary types of economic systems.
What does the mixed economic system mean?
An economy with components of both capitalism and socialism is referred to as a mixed economy. A mixed economy safeguards private property and allows for some economic flexibility in the use of capital, but it also allows for government involvement in the market to further social goals.
What is the ideal economic system?
The finest economic system is capitalism since it offers everybody in society a variety of advantages and chances. Creating money and innovation, enhancing people's lives, and empowering the populace are a few of these advantages.
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A sound savings program and adequate insurance protection form the foundation of financial security.
True or false
Answers
Answer:
True
Explanation:
Financial security is the satisfaction that one has sufficient money to meet their daily expenses, cover for emergencies, and work towards meeting their financial goals. Achieving financial security is a long-term goal for many individuals and organizations. Meeting this objective requires following certain principles.
A savings plan and insurance are some of the foundations for achieving financial security. Saving helps one attain financial goals, while insurance is essential in case of emergencies. Having a personal financial plan, with or without a personal finance manager, is another vital element in achieving financial security.
Lee Ray bought 250 shares of a mutual fund with a NAV of $13.85. This fund also has a load charge of 7%.
a. What is the offer price? (Round your intermediate and final answer to the nearest cent.)
b. What did Lee pay for his investment? (Round your intermediate and final answer to the nearest cent.)
Answers
Answer: a. $14.9
b. $3725
Explanation:
a. What is the offer price?
This will be calculated as:
= NAV / (1 - load charge %)
= 13.85 / (1 - 7%)
= 13.85 / (1 - 0.07)
= 13.85 / (0.93)
= $14.9
B. What did Lee pay for his investment?
This will be:
= Number of shares bought × Offer price
= 250 × $14.9
= $3725
In which type of economy are the largest variety of goods and services produced? A. market B. command C. traditional D. demand
Answers
Answer:
A. Market
Explanation:
An economy can be defined as an inter-related process of production between producers (manufacturers), distributors and consumers of goods and services, which primarily determines how scarce resources are used or allocated in a specific country. There are four (4) main types of economy and these are;
1. Traditional economy.
2. Mixed economy.
3. Command economy.
4. Market economy.
A type of economy in which the largest variety of goods and services are produced is a market economy because their prices are mainly determined or dependent on supply and demand.
This ultimately implies that, both supply and demand influence economic decisions such as what goods are to be produced, how many should be produced, what price should they be sold, distribution method to be used, who buys the goods etc.
Hence, a market economy is relatively free of government intervention, as well as government interference with profits and the factors of production such as land, labor, capital etc.
How can diversity in the workplace make a company more competitive in a global market?
a)Diversity inhibits critical thinking and prevents disagreement among team members about global business strategies.
b)Diversity minimizes group think and can bring new ideas, attitudes, and experiences to the development of global products and services.
c)Diversity promotes global domination of the marketplace.
d)Diversity is a moral virtue, and morals are consistent worldwide.
Answers
Answer:
A: Diversity inhibits critical thinking and prevents disagreement among team members about global business strategies
E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.
Answers
E-commerce ubiquity is the ability of an organization to create a strong presence among consumers.
What is E-commerce?E-commerce can be regarded as the process involving crating a good presence so as to sell products to the consumer.
Therefore, it involves ability to sell in different locations.
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Scott Weisberg feels his job at Wendy’s includes all the following except
a) serving a senior leadership team member who makes strategy decisions.
b) serving as a manager of the human resources leadership team.
c) serving as a function leader who supports an agenda to assist franchisees and business partners in the company.
d) supervising the Board of Directors.
e) being a confidant to the CEO.
Answers
Scott Weisberg feels his job at Wendy’s includes all the following except Supervising the Board of Directors .
What is Scott Weisberg ?
Having worked in the medical industry for more than 27 years, Scott Weisberg, MD, is a Family Medicine Specialist in Birmingham, Alabama.
In 1996, he received his degree from ALBANY MEDICAL COLLEGE. His connection to Brookwood Baptist Medical Center is established. New clients and telehealth appointments are both accepted at his practice.
What function does the board of directors serve?
The board of directors' primary responsibilities include selecting the company's CEO or general manager and determining the company's overall strategy.
All other personnel must be hired by the CEO or general manager, who is also in charge of managing the company's daily operations.
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List all the source documents in accounting
Answers
Answer:
Canceled checks.
Invoices.
Cash register receipts.
Computer-generated receipts.
Credit memo for a customer refund.
Employee time cards.
Deposit slips.
Purchase orders
Explanation:
That is all i think
A pizza restaurant makes 10 standard pizzas, 4 of which contain olives. On 6 different days each week, they discount the price of one pizza. The chef is deciding which pizzas to discount in a given week. Suppose that they only care about which pizzas are discounted, not the specific day that each is discounted. For each of the following questions, show working to justify your answer. Evaluate all answers (i.e., do not leave them in terms of combination notation or factorials). How many choices are there if: (a) they want to discount 6 different pizzas? (b) they want to discount 6 different pizzas, but the restaurant wants to sell discounted pizzas containing olives on 1 or 2 nights? (c) the same pizza can be discounted on multiple nights, but the restaurant wants to sell discounted pizzas containing olives on 1 or 2 nights?
Answers
(a) The number of choices if they want to discount 6 different pizzas is 15,120.
(b) The number of choices if they want to discount 6 different pizzas, but the restaurant wants to sell discounted pizzas containing olives on 1 or 2 nights, is 2,880.
(c) The number of choices if the same pizza can be discounted on multiple nights, but the restaurant wants to sell discounted pizzas containing olives on 1 or 2 nights, is 120,000.
There are 10 choices for the first discounted pizza, 9 choices for the second, 8 choices for the third, 7 choices for the fourth, 6 choices for the fifth, and 5 choices for the sixth, resulting in a total of:
= 10 x 9 x 8 x 7 x 6 x 5
= 15,120 different choices.
When selecting 6 different pizzas to discount, we have 10 choices for the first pizza, then 9 choices for the second (as one pizza has already been discounted), and so on. We multiply these choices together to obtain the total number of different choices.
There are 4 choices for the first discounted pizza with olives, 3 choices for the second, 6 choices for the third discounted pizza without olives, 5 choices for the fourth, 4 choices for the fifth, and 3 choices for the sixth, resulting in a total of:
= 4 x 3 x 6 x 5 x 4 x 3
= 2,880 different choices
In this case, we consider two scenarios: when the discounted pizza contains olives and when it does not. We have 4 choices for the first pizza with olives, 3 choices for the second, and 6 choices for the third pizza without olives. For the remaining pizzas, the number of choices decreases as some options have been discounted. We multiply these choices together to obtain the total number of different choices.
There are 4 choices for the first discounted pizza with olives, 3 choices for the second, and 10 choices for each of the remaining four pizzas (including those with olives), resulting in a total of:
= 4 x 3 x 10 x 10 x 10 x 10
= 120,000 different choices.
In this case, the same pizza can be discounted on multiple nights. Therefore, we have 4 choices for the first pizza with olives, 3 choices for the second, and for each of the remaining pizzas (including those with olives), we have 10 choices. We multiply these choices together to obtain the total number of different choices.
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Teresa is considering purchasing a home for $220,000 by taking out a loan with an interest rate of 4.3% for 30 years. What would her monthly payment be?
Use the monthly payment formula to calculate the monthly payment for this loan:
M =
M = monthly payment
P = principal
r = interest rate
t = number of years
Answers
Answer:
$1,088.144
Explanation:
The applicable formula is as below as derived form annuity concepts.
M = PV × r
1 − (1+r)−n
where p= $220,000
r = 4.3% interest rate per year;
Per month interest rate = 0.043 /12=0.00358
r = 30 year, in months = 30 x 12 =360
Therefore
M= $220,000 x 0.00358
1-(1+0.00358) ^ - 360
M=$220,000 x 0.00358
1 - 0.2762
M = $220,000 x(0.00358 /0.7238
M = $220,000 x 0.00494611
M = $1,088.144
Label the parts of the Transactional Model.
Answers
Answer:
HOPE THIS HELP..PLZ MARK ME BRILLIENT
Explanation:
llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answers
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740
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%
Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answers
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
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Opportunity cost is best described by which of the following statements?
Choose 1 answer:
Choose 1 answer:
(Choice A)
The value of the next best option given up when making a decision
(Choice B)
The tradeoffs faced when choosing how to use a scarce resource
(Choice C)
The price to a consumer of a good or service
(Choice D)
The cost a buyer sees for something they want
(Choice E, Checked)
The monetary cost of any economic transaction
Answers
Answer:
The value of the next best option given up when making a decision.
Explanation: In Opportunity cost means what we give up to get it.
The worth of the next best choice foregone during decision-making. As a result, choice (A) is the right reaction.
What is opportunity cost?The value or gain that is given up in return for engaging in a certain activity as opposed to engaging in a different activity is known as the opportunity cost in microeconomic theory.
To put it another way, it means that by deciding on one path of action (like making an investment), you are giving up the opportunity to choose an other course of action. The best activity is regarded as the one that produces the maximum return among all others, after deducting opportunity costs.
The objective of opportunity cost, which illustrates the relationship between scarcity and choice, is to ensure efficient use of scarce resources. It accounts for all direct and indirect costs associated with decisions.
Hence, option (A) is accurate.
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