There are ......... interest rates in the IS-LM model without
the rest of the world.
Select one:
A. two
B. three
C. one
D. zero

Answers

Answer 1

In the IS-LM model without the rest of the world, there is one interest rate. In the IS-LM model, which analyzes the relationship between interest rates and output in a closed economy without considering international transactions, there is only one interest rate.

This single interest rate represents the equilibrium point where the money market (LM curve) and the goods market (IS curve) intersect. The LM curve depicts the equilibrium between money supply and money demand, while the IS curve represents the equilibrium between investment and saving. Therefore, within the context of the simplified closed economy, there is only one interest rate that determines the equilibrium output level. Hence, the correct answer is C. one.

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Related Questions

Which ofthe following accounts are usually transferred to the Income Statement? *
1 point
a. Rent, premises, drawings
b. Drawings, rent, purchases
c. Commission received, rent, purchases
d.Purchases, furniture, commission received​

Answers

Answer:C

Explanation:It is C because to get your commission they need to transferred to your Income Statement and for rent they need to know that you can afford to live there.To purchase big stuff they gotta look at your income to buy it.

The adjusted trial balance for Yondel Company at December 31, 2018 is presented below: Accounts Debit Credit Cash $ 8,000 Prepaid rent 23,000 Land 445,000 Accounts payable $ 12,000 Salaries payable 20,000 Common stock 230,000 Retained earnings 109,000 Dividends 14,000 Service revenue 340,000 Salaries expense 160,000 Rent expense 29,000 Utilities expense 32,000 Totals $ 711,000 $ 711,000 Prepare the closing entries for Yondel Company for the year ended December 31, 2018.

Answers

Answer:

Explanation:

Cash                        =8000

Prepaid rent           = 23,000

Land                       = 445000

Accounts payable                              = 12,000

Salaries payable                                  = 20,000

Retained earnings                              = 109,000

Dividends                    = 14,000

Service revenue                                   = 340,000

Salaries expenses      = 160,0000

Rent expenses             = 29,000

Utilities expenses         = 32,000

Net income = Service revenue - Salaries-Rent-Utilities-

=340,000-160,000-29,000-32,000 = 119,000

                                       

                                                       Journal

1.     Debit  Service revenue   - 340,000

      Credit income summary -                  340,000

2,    Debit Income summary -    221,000

      Credit Salaries expenses                              160,000

      Credit Rent expenses                                     29,000

      Credit Utilities expenses                                 32,000

3     Debit Income summary          119,000

      Credit retained earnings                                  119,000

4     Debit retained earnings          14,000

      Credit retained earnings                                   14,000

as discussed in class, tide was able to maintain its success over a 30-year time span by:

Answers

As we learned in class, Tide has been successful for over three decades due to a combination of factors. Tide has always been focused on product innovation and quality.

Over the years,

Tide has continuously improved its detergent formula to ensure that it is effective at removing stains, while still being gentle on fabrics.

This commitment to quality has helped to build customer loyalty, as people trust that Tide will get their clothes clean.

In addition to product innovation, Tide has also invested heavily in marketing and advertising.

The brand has created memorable campaigns over the years, such as the iconic "Tide To Go" commercials, which have helped to increase brand recognition and awareness.

Tide has also partnered with celebrities and influencers to help spread the word about their products.
Another factor that has contributed to Tide's success is its focus on sustainability. The company has made a concerted effort to reduce its environmental footprint over the years, by using more eco-friendly ingredients in its products and reducing waste in its manufacturing processes.

This commitment to sustainability has helped to attract younger consumers who are increasingly concerned about the impact that their purchasing decisions have on the environment.

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what can i do if my total in cash account is not the same in credit and debit side?​

Answers

Answer:

Consider which items are meant for debit and credit.

Explanation:

The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.

Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.

Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.

it costs $75 per day for each day that a construction crew is on site. the project manager determines that most activities can be crashed and has listed the crashing costs next to the minimum time for each activity. use this information to determine the lowest cost for this project. all times given are in days.

Answers

It costs $75 per day for each day that a construction crew is on site. the project manager determines that most activities can be crashed and has listed the crashing costs next to the minimum time for each activity.  the lowest cost for this project will be $1,780.

The total anticipated costs required to accomplish a project over a specified time frame make up a project budget. It is employed to forecast the project's costs for each stage of the process. A crucial step in the project planning process is developing the project budget.

Project managers (PMs) are in charge of organizing, planning, and guiding the execution of particular projects for an organization while making sure that these projects are completed on time, within budget, and within the intended scope.

It should come as no surprise that project management can be very stressful. We are accountable for delivering on time, on budget, and within scope yet frequently struggle with resource constraints or inadequate equipment, inflated customer expectations, and a to-do list that could go to the moon and back.

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used to be called an absolute advantage, which is the law that nations can conduct trade when their cost and price structures differ? group of answer choices market advantage relative advantage comparative advantage

Answers

The law that nations can conduct trade when their cost and price structures differ is called d. comparative advantage.

Comparative advantage is the term for the rule that allows countries to engage in commerce when their cost and price structures diverge. An economic concept known as comparative advantage describes when one country can manufacture a specific good or service at a lower opportunity cost than another. Opportunity cost is the expense of forgoing the next best option while making a choice.

Countries can improve their overall well-being through trade by specialising in the production of goods or services in which they have a comparative advantage. Absolute advantage, on the other hand, refers to a circumstance in which one country can provide a specific commodity while consuming fewer resources than another. The terms market advantage and relative advantage are not frequently employed in this context.

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25 points, Why are certain brands global? 3-4 sentences, please.

Answers

Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.

Explanation:

The following activities are part of a project to be scheduled using CPM: ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A — 5 B A 8 C A 4 D C 6 E BPicture D 2 F D 3 G EPicture F 6 b. What is the critical path? A-C-D-E-G A-B-D-F-G A-B-E-G A-C-D-F-G c. How many weeks will it take to complete the project? Number of weeks d. How much slack does activity B have? Slack of activity B week(s)

Answers

The critical path and slack of activity B are found in the project scheduling of the following activities that are to be scheduled using CPM : ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A — 5 B A 8 C A 4 D C 6 E B Picture D 2 F D 3 G E Picture F.

6 a.The critical path in the given activities is A-B-D-F-G. The critical path is defined as the longest path in a network of activities, which determines the shortest possible time needed to complete the project.

b.To calculate the total weeks needed to complete the project, add up the duration of all the activities in the critical path. That is, 5 + 8 + 3 + 6 + 6 = 28 weeks.

c.To find the slack time of an activity, subtract its duration from the latest start time or earliest finish time of its succeeding activity.

The earliest finish time of activity B is 13 weeks while its duration is 8 weeks. Therefore, slack of activity B is 13 - 8 = 5 weeks.

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Final answer:

The critical path for the project is A-C-D-F-G, and it will take 24 weeks to complete. Activity B has no slack.

Explanation:

The critical path is the longest path in a project schedule. To find the critical path, we need to determine the total duration of each path and identify the one with the longest duration. Looking at the given activities and their immediate predecessors, we can determine that the critical path for this project is A-C-D-F-G. This path has a total duration of 5 + 4 + 6 + 3 + 6 = 24 weeks.

The project will take 24 weeks to complete since the critical path represents the longest duration of the project.

The slack for an activity represents the amount of time it can be delayed without delaying the project. In this case, activity B has a slack of 0 weeks because it is a part of the critical path and any delay in activity B will directly impact the overall project duration.

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T/F. Although the straight-line method of depreciation is the simplest to calculate, it is the least commonly used

Answers

The statement although the straight-line method of depreciation is the simplest to calculate, it is the least commonly used is false because the most fundamental and popular method of depreciation is the false-straight line method.

The most typical and simple way of distributing a capital asset's cost is straight line depreciation. It is computed by dividing the asset's cost by its useful life after deducting any salvage value. Straight-line depreciation is the most straightforward approach for computing depreciation over time. According to this method, an asset's value is reduced by the same amount for depreciation each year that it is in use. A fixed asset's depreciable base is divided by its useful life to determine straight-line depreciation.

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Select the correct answer from each drop-down menu. Kevin is a store manager and has employees from diverse cultures reporting to him. He has often seen Marcos having arguments with his colleagues, Kwa Lee and Gaurav. What can Kevin do to ensure that there is team spirit and effective communication amongst all? Kevin can first be aware of his own attitude to diversity . He can also assess Marcos and him to change his behavior toward his other colleagues. He can also think of putting them together into similar departments to encourage .

Answers

Kevin leads in an autocratic manner since he just cares about his work. He seldom ever notices his subordinates. He doesn't even compensate the workers for their efforts.

Autocratic or authoritarian behavior as a leadership style.

An authoritarian leader consolidates his own personal control over both decision-making and authority. Without speaking to the workforce, he gives directions and assigns endeavors and liabilities. The pioneer assumes all authority and responsibility.

Negative leadership that relies on threats and punishment is autocratic.

Subordinates go about as he coordinates. He neither really focuses on their perspectives nor licenses them to impact the choice. He accepts that due to his position he alone can conclude what is best in a given circumstance.

Close oversight, unambiguous guidance, and directing requests from the majority are the foundations of autocratic leadership. It functions with quick decisions, brief activity, and heading unity. A lower level of appointment is required. Nevertheless, an excess of purpose of power could result in strikes and current debates. It makes sense to instill dissatisfaction and impede the growth of the employee limit.

Kevin leads in an autocratic manner since he just cares about his work. He seldom ever notices his subordinates. He doesn't even compensate the workers for their efforts. Individual control over all choices and little participation from the group are traits of his behavior. He frequently disregards advice and makes decisions based solely on his opinions and judgments.

These sorts of choice include the utilization of power gave on the singular taking the choice by the association's design. Hierarchical decisions are those decisions taken simply in light of a legitimate concern for the association. Directors are given the authority by the firm to settle on decisions in light of a legitimate concern for the association. Notwithstanding, this authority doesn't concede them the ability to pursue individual decisions. It should likewise be perceived that while hierarchical decisions can be assigned, individual decisions can't be appointed.

To explain further the concession among individual and hierarchical choice, let us think about the accompanying model. James Harrison was terminated by the supervisor since he didn't submit to the principles of the organization. This would be an authoritative choice. In any case, assuming James Harrison was terminated essentially on the grounds that the director loathed him for not a great explanation connected with the organization then that would be an individual choice. An authoritative choice is customized yet an individual choice is non-modified.

Functional:

Typically, judgments related to everyday activities are made functionally. These kinds of tailored choices are, by definition, meant to help the organization achieve short-term objectives. Chiefs at lower and middle levels typically make these decisions. Functional decisions must be made within the framework of the organization's established practices. As a result, those that must accept functional option are allowed to exercise their very own constrained utilization caution and drive.

Simple functional decisions, such regularly procuring writing materials and other natural resources, are designed to have an impact on a certain area or division of the company. As we can see, making such a decision will only affect the buying department.

Strategic Decisions:

It is implied that decisions involving important but one-time issues qualify as critical decisions. These decisions are made using a variety of administrative skills, wisdom, and experience. Not at all like functional choices, important decisions worry the firm's drawn-out points. When making a crucial decision, the person or group making it must carefully consider how the company association and its current situation are related. Important judgments are less secure in nature since the climate is constantly changing. Another reverence among important and practical choices is that crucial judgments are made by senior management.

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Answer: The Answer is diversity, Counsel, and Interactions.

Explanation:

This is correct, I just took the test. :)

Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?​

Answers

Answer:

200 i think sorry if im wrong

Explanation:

what is the tool that quantifies relationships between hr activities, the resulting employee behaviors, and the resulting company-wide performance?

Answers

The tool that quantifies relationships between HR activities, the resulting employee behaviors, and the resulting company-wide performance is called HR analytics.

HR analytics leverages data from HR systems, employee surveys, performance metrics, and other relevant sources to identify patterns, correlations, and predictive models. By analyzing this data, HR professionals can gain insights into the effectiveness of HR initiatives and make data-driven decisions to improve organizational performance.

The primary goal of HR analytics is to understand the link between HR activities, employee behaviors, and organizational outcomes such as employee productivity, engagement, retention, and financial performance.

Overall, HR analytics serves as a powerful tool for evidence-based decision-making in HR management, enabling organizations to measure and quantify the impact of their HR efforts on company-wide performance.

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Vital records, such as birth and death certificates, are considered what type of information source?


Tertiary


Primary


Secondary

Answers

Answer:

Primary answer

Explanation:

In zombia, it takes 10 resources to produce 1 ton of cocoa and 13. 5 resources to produce 1 ton of rice. In south curmudgea, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Zombia has a comparative advantage over south curmedgea in.

Answers

The theory of comparative cost advantage is based on many assumptions and one of those assumptions is that "the production of commodities is done under the law of constant costs or returns".

It is presumable that constant returns to scale will make computations easier and produce useful generalizations that may be applied to the economy. Diminishing returns to scale is a more sensible assumption that is not made in the theory of comparative cost advantage, meaning that when inputs are employed more and more, their marginal product or contribution to production decreases. Furthermore, according to the comparative cost advantage theory, once a nation has determined its comparative advantage, all of its resources are put toward producing that good; as a result, the production process should reflect diminishing returns to scale rather than assuming constant returns to scale.

Any item that is readily available to us in our environment, is commercially viable, has access to modern technology, is culturally sustainable, and helps us to meet our requirements and fulfill our wants is referred to as a resource. Based on their availability, resources can be roughly classified into categories that are renewable and non-renewable.

They can also be divided into real and potential categories based on their level of development and use, biotic and abiotic categories based on their origin, and localized and omnipresent classifications depending on their dispersal (private, community-owned, national, and international resources). An item might develop into a resource over time as technology develops. Utilizing resources effectively can lead to increased income, efficient system operation, or improved well-being.

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In a business letter, the true margins are

Answers

They are typically 1 to 1 1/4 inches

Hope this helps, good luckkk :)

Answer:

side ;top and bottom marguns

This chart shows the sixth, seventh, and eighth steps taken in the process of passing a federal budget. What happens in the ninth step?

Answers

The ninth step is the President's signing of the bill. After the House of Representatives and the Senate have agreed upon a finalized version of the bill, it is sent to the President for approval.

This step is known as "enactment" and involves the President signing the bill into law. This step is necessary as the bill cannot be implemented until the President has signed it. The President may also elect to veto the bill if they disagree with it. If the bill is vetoed, it is returned to the house of origin and the process begins again. Ultimately, if the bill is passed by both houses of Congress and the President approves, it becomes law and is ready to be implemented.

The President's signature is a crucial part of the process for passing a federal budget in the United States. It indicates that the President has read and examined the bill and is in agreement with its contents. Failing to sign indicates disapproval and the bill returns to the house of origin for additional amendments before being resubmitted for consideration. After a bill is signed, the Presidential signature provides an official seal of approval and then it's up to the various federal agencies to determine how to implement the newly passed law. The President's signature is essential in order for any law to be officially enacted and put into effect.

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Why is liability an especially important type of car insurance?

Answers

Answer: If you cause a car accident, liability insurance will cover injuries to other people and damage to their property. Liability car insurance, sometimes called "third-party" coverage, is one of the most important types of car insurance.

Explanation:

Describe the population distribution in Guyana​

Answers

Statistics indicate that Guyana is one of the most lightly populated countries in Latin America and the Caribbean. The World Bank estimated that there were four people per square kilometer in Guyana in 1988, far fewer than the average of twenty people per square kilometer for all of Latin America. However, more than 90 percent of Guyana's population lived along the coast, on a strip constituting only 5 percent of the country's total land area. A more useful figure is the population density per square kilometer of agricultural land, which was estimated at forty-six in 1988. In Latin America as a whole, the average population density on agricultural land was fifty-five per square kilometer.

More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.

The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.

advantages of intensive strategies​

Answers

Answer:

The advantage of applying an intensive distribution strategy is in generating revenue, product awareness and pushing for impulse buying.

As more products are sold, more money is earned.

As more locations carry the products, the more opportunities there are for manufacturers to make profit.

Explanation:

hope this helps


In Country A, the State controls ALL the factors of production. Country A could be described as a country that is operating within a:

A. free market economic system
B. laissez-faire economic system
C. mixed economic system
D. planned economic system​

Answers

D) Planned Economic System

In a communist economic system, all factors of production are controlled by the government. The Planned economic system most similarly embodies that same economic system.


Type the correct answer in the box. Spell all words correctly.
What is an example of using a transaction processing system to process data immediately?
transactions are a perfect example of the transaction processing system.

Answers

POS systems for inventory management is an example of using a transaction processing system to process data.

Transaction is an agreement, or verbal exchange, between a consumer and seller to trade items, services, or assets for payment. Any transaction entails a change in the popularity of the budget of two or greater groups or individuals. A transaction is a business event that has a economic effect on an entity's economic statements, and is recorded as an entry in its accounting statistics. Examples of transactions are as follows: Paying a provider for services rendered or goods added. Accounting transactions refer to any business pastime that outcomes in a direct impact on the economic repute and monetary statements of the commercial enterprise. Such transactions come in many paperwork, including: income in coins and credit score to customers. Receipt of cash from a patron by means of sending an bill

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The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?

Answers

Answer:

Explanation:

In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.

Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Stated Rate (APR) 7.8 % 15.3 Effective Rate (EAR) % Number of Times Compounded Quarterly Monthly Daily Infinite 12.4 11.4

Answers

For a stated Annual Percentage Rate (APR) of 7.8%, the EAR is 7.98% when compounded quarterly, 8.09% when compounded monthly, 8.14% when compounded daily, and approximately 8.14% when compounded an infinite number of times.

The Effective Annual Rate (EAR) represents the actual annual interest rate that takes into account the effect of compounding. In the first case, where the APR is 7.8% and compounding occurs quarterly, we can calculate the EAR using the formula EAR = (1 + (APR / n))^n - 1, where n is the number of compounding periods per year. Plugging in the values, we get EAR = (1 + (0.078 / 4))^4 - 1, which equals approximately 7.98%.

Similarly, for the case of monthly compounding, the EAR is calculated as EAR = (1 + (0.078 / 12))^12 - 1, resulting in an approximate value of 8.09%. When compounding occurs daily, the formula becomes EAR = (1 + (0.078 / 365))^365 - 1, giving an EAR of approximately 8.14%.

In the last case, where compounding is infinite, the formula changes to EAR = e^(APR) - 1, where e represents the mathematical constant approximately equal to 2.71828. Plugging in the APR of 11.4%, we find EAR = e^(0.114) - 1, which is approximately 12.4%.

Therefore, the EARs for the given cases are as follows: 7.98% for quarterly compounding, 8.09% for monthly compounding, 8.14% for daily compounding, and approximately 12.4% for infinite compounding.

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why is cooperative a value lead and value based organization?

I need the anwers right now. ​

Answers

Answer:

Co-operatives throughout the world share a set of values that give them their distinctive character.

Self-help

In co-operatives, people help each other whilst helping themselves by working together for mutual benefit.

Self-responsibility

Individuals within co-operatives act responsibly and play a full part in the organisation.

Democracy

A co-operative will be structured so that members have control over the organisation – one member, one vote.

Equality

Each member will have equal rights and benefits (according to their contribution).

Equity

Members will be treated justly and fairly.

Solidarity

Members will support each other and other co-operatives.

_____ tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of economic weakness. a. Capital goods b. Financial stocks cyclical companies do. Consumer staples e. Consumer durable goods

Answers

Capital goods tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of economic weakness.

: Element Water Sports has 13,000 shares of $1 par value common stock outstanding. Element distributes a 5% stock dividend when the market value of its stock is $15 per share. Requirement: Journalize Element's declaration of the stock dividend on August 15 and distribution on August 31. Problem 2: Discount Furniture, Inc. Completed the following treasury stock transactions in 2018: Dec. 1 Purchased 1,900 shares of the company's $1 par value common stock as treasury stock, paying cash of $5 per share. 15 Sold 200 shares of the treasury stock for cash of $8 per share. Sold 1,000 shares of the treasury stock for cash of $1 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $2,400. ) Requirement: Journalize these transactions. Explanations 20

Answers

On August 15, Element Water Sports declares a 5% stock dividend on its outstanding shares of common stock.

Journal entry on August 15:
Retained Earnings 975 ([$15 × 13,000] × 0.05
Common Stock Dividend Distributable 650 ([$1 × 13,000] × 0.05
Paid-In Capital in Excess of Par - Common 325 ([$15 × 13,000] × 0.05 - [$1 × 13,000] × 0.05)
On August 31, Element Water Sports distributes the stock dividend.
Journal entry on August 31:
Common Stock Dividend Distributable 65Common Stock 650 ([$1 × 13,000] × 0.05)
On December 1, Discount Furniture, Inc. purchases 1,900 shares of its common stock as treasury stock for $5 per share.
Journal entry on December 1:
Treasury Stock 9,500 (1,900 shares × $5)
Cash 9,500
On December 15, Discount Furniture, Inc. sells 200 shares of treasury stock for $8 per share.
Journal entry on December 15:
Cash 1,600 (200 shares × $8)
Treasury Stock 1,000 (200 shares × $5)
Paid-In Capital from Treasury Stock Transactions 600 ([$8 - $5] × 200)
On December 20, Discount Furniture, Inc. sells 1,000 shares of treasury stock for $1 per share.
Journal entry on December 20:
Cash 1,000 (1,000 shares × $1
Treasury Stock 5,000 (1,000 shares × $5)
Paid-In Capital from Treasury Stock Transactions 2,000 ([$5 - $1] × 1,000)
Retained Earnings 2,000 ([$5 - $1] × 1,000)

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Ronda’s cake store earned $3,750 in total revenue last month when it sold 125 cakes. This month it earned $3,600 in total revenue when it sold 90 cakes. The price elasticity of demand for ronda’s cake store is.

Answers

The price elasticity of demand for Ronda’s cake store is 0.125.

What is the price elasticity of demand?

The price elasticity of demand measures the responsiveness of the quantity demanded by a consumer with respect to a specific change in price of the product, all things being equal (ceteris paribus).

Mathematically, the price elasticity of demand can be calculated by using this formula;

Price elasticity of demand = (Q₂ - Q₁)/[(Q₂ + Q₁)/2]/(P₂ - P₁)/[(P₂ + P₁)/2]

Substituting the given parameters into the formula, we have;

Price elasticity of demand = (3750 - 3600)/[(3750 + 3600)/2]/(125 - 90)/[(125 + 90)/2]

Price elasticity of demand = (150)/[(7350)/2]/(35)/[(215)/2]

Price elasticity of demand = [(150/3675)/(35/107.5)]

Price elasticity of demand = 0.0408/0.3256

Price elasticity of demand = 0.125.

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the number of bacteria in a culture is given by the function n ( t ) = 900 e 0.2 t

Answers

The given function represents the number of bacteria present in a culture, n(t) at time, t. It is given by n(t) = 900e^0.2t. Here, e is the exponential function whose value is approximately equal to 2.718.The number of bacteria in the culture will keep increasing as time passes since the exponent 0.2t is positive.

This is because the value of e^0.2t increases as t increases. Thus, the function n(t) is an increasing function which is an example of exponential growth.The initial number of bacteria present in the culture, that is when t = 0, is n(0) = 900e^0 = 900. Therefore, initially there are 900 bacteria in the culture.The rate of growth of bacteria in the culture is proportional to the number of bacteria present in it. This means that the growth rate will be more as the number of bacteria increases. When the culture reaches its carrying capacity, the growth rate will slow down and eventually, the growth will stop.

To find the time taken for the number of bacteria to double in the culture, we need to find the value of t when

\(n(t) = 2n(0). That is,2n(0) = 900e^0.2t⇒ e^0.2t = (2n(0))/900\)

Taking the natural logarithm on both sides,0.2t = ln(2n(0)/900)⇒ t = (ln(2n(0)/900))/0.2 We know that n(0) = 900, so substituting this value in the above expression, we get:t = (ln(2 × 900/900))/0.2⇒ t = (ln 2)/0.2 Using a calculator, we can approximate ln 2 as 0.693. Substituting this value in the above expression, we get:t = (0.693)/0.2⇒ t = 3.465 Hence, it takes approximately 3.465 units of time for the number of bacteria in the culture to double.This is a complete solution, which includes more than 100 words.

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An increase in government purchases will increase aggregate demand because A. government expenditures are a component of aggregate demand. B. the decline in the price level will increase demand. C. consumption expenditures are a component of aggregate demand. D. the decline in the interest rate will increase demand.

Answers

An increase in government purchases will increase aggregate demand because government expenditures are a component of aggregate demand.

From the above choices given only choice A gives the best answer.

According to Keynesian theory the aggregate demand is dependent on four components which are government spending, consumption, investment, and net exports.

Government spending increases as government purchases increase.

The increase in government spending increases results in decrease in taxes which in turn affects the aggregate demand.

The increase in consumption increases results only when taxes are decreased which in turn affects the aggregate demand.

From the above choices given only choice A gives the best answer.

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One of the underlying assumptions in economics is that people face tradeoffs. The growth that arises from capital accumulation is not a free lunch. It requires that society.

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The increase in productivity that arises from capital accumulation is not a free lunch. It requires that society to consumption of goods and services currently to enjoy better consumption in the future.

What is meant by tradeoffs?

A trade-off is a situational choice where one quality, quantity, or feature of a set or design is diminished or lost in exchange for gains in other areas. In plain English, a tradeoff occurs when one item gets better while another must go worse. When a positive change in one feature is associated with a negative change in another, trade-offs represent the expenses incurred in fitness terms. Without trade-offs, selection would push all features associated with fitness to the boundaries set by evolution and design.

One of the foundational elements of a capitalist economy is capital accumulation, which is defined as a rise in assets as a result of investments or earnings. Whether through appreciation, rental income, capital gains, or interest, the objective is to raise the value of an initial investment as a return on investment.

Hence, The increase in productivity that arises from capital accumulation is not a free lunch. It requires that society to consumption of goods and services currently to enjoy better consumption in the future.

The complete question is,

One of the Ten Principles of Economics in Chapter 1 is that people face tradeoffs. The increase in productivity that arises from capital accumulation is not a free lunch. It requires that society

a. conserve resources for future generations.

b. recycle resources so that future generations can produce goods and services with the accumulated capital.

c. sacrifice consumption of goods and services now in order to enjoy more consumption in the future.

d. None of the above is correct.

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