The purpose of a theory, in general, is to ________________________________. Select the correct answer below: determine the level of economic activity in a society take a complex, real-world issue and simplify it down to its essentials implement a method to view the world through the same lens as other disciplines, such as anthropology and biology determine which goods and services consumers are most likely to select

Answers

Answer 1

Answer:

take a complex, real-world issue and simplify it down to its essentials.

Explanation:

A theory can be defined as a simplified but abstract representation that gives a detailed relationship about the interaction between two or more variables.

Generally, the main purpose of a theory is to take a complex, real-world issue and simplify it down to its essentials. Thus, in economics, a theory gives a detailed explanation and an understanding of issues such as inflation, recession, taxation, etc and any problem associated with them.

In order to test theories, economists usually make use of economical models such as the production possibility frontier (PPF), Mundell-Fleming model, Classical model, Keynesian IS/LM model, Solow growth model, etc.


Related Questions

1. Ownership of the 1,000 shares outstanding are evenly divided among 80 shareholders. The shareholders are 78 individuals, 10 of whom are married to each other, and two estates. Permitted 2. A domestic corporation elects S status on April 15. Retroactively effective 3. Articles of incorporation authorize 800 shares of voting common stock, 200 shares of nonvoting preferred, and no other shares. Not permitted 4. A domestic corporation elects S status on March 3. When is the earliest effective date

Answers

Answer: hello the options to your question is  missing attached below are the missing options

permittedsubsequently effectivepermittedRetroactively effective

Explanation:

1)  permitted ; because the ownership is divided into less than 100 shareholders at the time .

2) subsequently  effective ; Because April 15 is after  2.5 months of the beginning of the Financial year

3) Permitted : Because S status can issue voting and Non-voting stock

4) Retroactively effective : The earliest effective date is within 2.5 months of the Financial year

Ron was vacationing in​ France, when his camera was stolen. As he walked into a camera​ store, Ron noticed that camera prices were in euros. If Ron was willing to pay ​$ for a new digital camera and the exchange rate is ​$ per​ euro, how much will Ron be paying in​ euros? Ron will be paying nothing euros for the camera. ​(​Instructions: Enter your response by rounding two places after the​ decimal.)

Answers

Answer:

130.43 euros

Explanation:

Since Ron willing to Pay is $150

Now we have to convert $150 in euros

As we know that

exchange rate × willing to pay in euro = Willing to pay in Dollar

i.e.

willing to pay in euro = Willing to pay in Dollar ÷ Exchange rate

= 150 ÷ 1.15

= 130.43 euros

Hence, the ron be paying in euros is 130.43

The same would be relevant

MM Proposition II with taxes: Group of answer choices explains how a firm's WACC increases with the use of financial leverage. reveals how utilizing the tax shield on debt causes an increase in the value of a firm. supports the argument that business risk is determined by the capital structure employed by a firm. supports the argument that the cost of equity decreases as the debt-equity ratio increases. reaches the final conclusion that the capital structure decision is irrelevant to the value of a firm.

Answers

Answer:

explains how a firm's WACC increases with the use of financial leverage.

Explanation:

According to the MM Proposition II with taxes, the cost of equity rises with the increases use of debt in the capital structure of a firm.  

[tex]r_{e}[/tex] = [tex]r_{o} +( r_{o} - r_{d} )[/tex] × [tex]\frac{D}{E}[/tex]

As cost of equity increases, the firm's WACC increases also

The  MM Proposition I with taxes reveals how utilizing the tax shield on debt causes an increase in the value of a firm

The following information is given from The Gathering Sound, Inc. for the month of August, 2020: Beginning raw materials inventory $21,600 Ending raw materials inventory $18,600 Beginning work in process inventory $35,000 Ending work in process inventory $37,450 Beginning finished goods inventory $29,340 Ending finished goods inventory $28,995 Raw material purchases $88,210 Direct materials used $89,300 Direct labor used $51,730 Total factory overhead applied $62,076 Calculate the Cost of Goods Sold. a. $203,106 b. $203,656 c. $201,001 d. $200,311 e. $200,656

Answers

Answer:

Explanation:

Step 1 : Cost of Goods Manufactured

Step 2 : Cost of Goods Sold

Opening Finished Goods Inventory        $29,340

Add Cost of Goods Manufactured

Less Finished Goods Inventory             ($28,995)

Cost of Goods Sold

PLEASE HELP!! Imagine you are applying for a job as a babysitter or as a grass-cutter. Write a cover letter that tells the family why you are qualified for the job. Use a proper business letter writing format

Answers

I am a devoted babysitter. I have plenty of experience with children. I know how to cook, I am great with tools. I am very independent and have plenty of potentials. I hope you can trust me with your kids or your yard.

Patents are on the books of a British subsidiary of a U.S. firm at a value of 50,000 pounds. The patents were acquired in 2017 when the exchange rate was 1 pound = $1.50. The British subsidiary was acquired by the U.S. firm in 2019 when the exchange rate was 1 pound = $1.40. The exchange rate on December 31, 2020, the date of the most current balance sheet, is 1 pound = $1.55. The average rate of exchange for 2020 is $1.53. Assuming the dollar is the functional currency of the subsidiary, what exchange rate will be used to re-measure patents for the consolidated statements dated December 31, 2020?

Answers

Answer:

The exchange rate that will be used to re-measure patents for the consolidated statements dated December 31, 2020 is:

= 1 pound = $1.55.

Explanation:

a) Data and Calculations:

Patents on the books of a British subsidiary = 50,000 pounds

Patent's acquisition date = 2017 at 1 pound = $1.50

Subsidiary's acquisition date = 2019 at 1 pound = $1.40

Current exchange rate, most current balance sheet on December 31, 2020 = 1 pound = $1.55.

Average rate of exchange for 2020 is $1.53

Value of Patent for the consolidated accounts = $77,500 (50,000 pounds * $1.55)

b) The accounting standard rule is that assets and liabilities of subsidiaries should be consolidated at the current exchange rates.  Business transactions are translated at the average rate of exchange for the year.  For equity accounts, you can use either the current or historical exchange rates.

Type the correct answer in the box, Spell the word correctly.

Anika wants to create a visual to represent a table that shows the growth of her company's market share over a year. What type of graph would best
show this relationship?
Anika should use a________
to show the plotted points for the market share of her company by the end of each month or quarter of the year.

Answers

Answer:

Bar Chart

Explanation:

This is a good way to represent data, especially for company/business information

Cullumber Company issued $445,000, 15-year, 8% bonds at 96. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 enter an account title to record the sale of these bonds on January 1, 2017enter an account title to record the sale of these bonds on January 1, 2017 enter a debit amountenter a debit amount enter a credit amountenter a credit amount enter an account title to record the sale of these bonds on January 1, 2017enter an account title to record the sale of these bonds on January 1, 2017

Answers

Answer:

Dr Cash $427,200

Dr Discount on Bonds payable $17,800

Cr Bondss payable $445,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on January 1, 2022

Dr Cash $427,200

($445,000 × 0.96)

Dr Discount on Bonds payable $17,800

($445,000-$427,200)

Cr Bonds payable $445,000

(Being to record the sale of the bond )

Bank of the Atlantic has liabilities of $4 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $5 million with an average maturity of 5 years earning interest rates of 6.0 percent annually. What is the bank's net interest income for the current year

Answers

Answer:

the bank net interest income for the current year is $140,000

Explanation:

The computation of the bank net interest income for the current year is shown below:

= (Interest earning assets ×  Interest rate earned)-(Interest bearing liabilities ×  Interest rate rate)

= $5,000,000 × 6% - $4,000,000 × 4%

=$300,000 - $160,000

= $140,000

Hence, the bank net interest income for the current year is $140,000

A consumer's need to apply for a loan is escalated to a motive under which of the following conditions.
A. Crisis
B. The need is aroused to sufficient level of intensity
C. Pressure
D.Seeking satisfaction​

Answers

d is the answer to this question

A consumer's need to apply for a loan is escalated to a motive under The need is arous - ed to a sufficient level of intensity. Thus option B is correct.

Who are consumers?

A customer is a person or an organization that is not directly involved in commercial or company performance and who expects to order or uses purchased items, commodities, or resources primarily for their personal, societal, family, or home needs.

When a need is sufficiently sparked, it transforms into a purpose. A need is a customer's perception of a certain benefit of a commodity or a service, whether the value is practical or emotional.

A person is constantly in need of many things. Some of these are emotional, while others are natural. That whenever a need is sufficiently sparked, it develops into a motive. Therefore, option B is the correct option.

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Classic Limo, Inc. provides limousine service to Tri-Cities airport. The price of the service is fixed at a flat rate for each trip and most costs of providing the service are stable for each trip. Marc Pence, the owner, budgets income by estimating two factors that fluctuate with the economy: the fuel cost associated with each trip and the number of customers who will take trips. Looking at next year, Marc develops the following estimates of contribution margin (price less variable cost of the trip, including fuel) and for the estimated number of customers. Although Marc understands that it is not strictly true, he assumes that the cost of fuel and the number of customers are independent.
Contribution Margin Per
Scenario Ride (Price - Variable cost) Number of Customers
Excellent $40 10,500
Fair $25 6,000
Poor $15 4,500
In addition to the costs of a ride, Marc estimates that other service costs are $50,000 plus $5 for each customer (ride) in excess of 6,000 rides. Annual administrative and marketing costs are estimated to be $25,000 plus 10% of the contribution margin.
Required:
1) Using the above information, construct an Excel spreadsheet to prepare an analysis of the possible operating income for Classic Limo, Inc.
2) 2) If you were manager of Classic Limo, Inc. and had to choose only one budget scenario to use for planning for the year, which one of the nine scenarios would you choose?

Answers

Answer:

1) See the attached excel file for the analysis of the possible operating income for Classic Limo, Inc.

2) The scenario with the highest operating profit $280,500 which is Excellent with $40 Contribution Margin and 10,500 Numbers of Customers.

Explanation:

1) Using the above information, construct an Excel spreadsheet to prepare an analysis of the possible operating income for Classic Limo, Inc.

Note: See the attached excel file for the analysis of the possible operating income for Classic Limo, Inc.

2) If you were manager of Classic Limo, Inc. and had to choose only one budget scenario to use for planning for the year, which one of the nine scenarios would you choose?

The scenario that would be chosen is the scenario with the highest operating profit $280,500 which is Excellent with $40 Contribution Margin and 10,500 Numbers of Customers.

A. Joe decides to build a chicken coop in his suburban backyard. He has several hens and one rooster. The rooster wakes up his neighbor each morning at 5:00 am. Joe's chicken coop :_______.
a. creates a negative externality if his chickens do not lay eggs.
b. creates a positive externality if Joe sells his chickens' eggs at the local farmers' market.
c. creates a positive externality if the neighbor wants to sleep longer but accepts free eggs in exchange for the inconvenience.
d. creates a negative externality if the neighbor wants to sleep longer and a positive externality if the neighbor is happy to be awaken early each day.
B. Jostin is ill and goes to the doctor. The doctor diagnoses him with a bacterial infection and prescribes an antibiotic. Jostin's visit to the doctor:_______.
a. produces a negative externality if he was supposed to be home studying for his classes.
b. produces a negative externality if the doctor was hoping to leave early that day and a positive externality if the doctor was hoping to boost her income.
c. produces a positive externality if it prevents other people from getting sick and a negative externality if the bacterial infection becomes resistant to antibiotics.
d. produces a positive externality if his medical insurance pays for the visit and a negative externality if Jostin has to pay out of pocket.
C. An urban farmer decides to build a bee hive to help pollinate the rooftop gardens in his neighborhood. The beehive:_________.
a. generates a negative externality if the bees are killed by a colony of wasps.
b. generates a positive externality if the farmer creates a successful online business that sells products made from the bees' honey
c. generates a negative externality if the farmer spends nearly all his time tending the bees and rarely leaves his home.
d. generates a positive externality if the rooftop gardens benefit from the pollination and a negative externality if the neighbors get stung by bees.

Answers

Answer:

D

C

D

Explanation:

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

a. The chicken coop would be of advantage if the neighbours want to wake up early (positive externality) and a disadvrange if they want to wake up late (negative externality).

the neighbours accepting eggs for the inconvenience is an example of private solution to negative externality

B. If Jill is cured he doesnt infect others (positive externality) If the bacteria is resistant, others can become infected and sick (negative externality)

Before expiration, the time value of a call option is equal to Group of answer choices zero. the actual call price minus the intrinsic value of the call. the intrinsic value of the call. the actual call price plus the intrinsic value of the call.

Answers

Answer: the actual call price minus the intrinsic value of the call.

Explanation:

The actual price of a call is calculated as the sum of the intrinsic value of the call and the time value of the call option in the manner:

Price of call = Intrinsic value of call + Time value of call

The Time value of the call is therefore:

Change subject of below formula:

Price of call = Intrinsic value of call + Time value of call

Time value of call = Price of call - Intrinsic value of call

1. Evaluate the situation that Mason and Shepherd find themselves in with respect to their existing employers. What are the legal and ethical issues raised

Answers

Answer:

The answer is provided in two separate headings for Mason and Shepherd with regard to the issues faced by them and how to handle them.

Explanation:

Mason

Mason's goal is start a venture by utilising the information received from the company she has worked for. This could lead to the violation of the agreement with her employer with regard to Non-competition, Non-disclosure and Development provisions.

So to tackle this situation she needs to first of all prove that the business is not a competitor of ATS. Moreover, she must refrain from coming into contact of the current customers of ATS. Finally, data kept in her office computer on the details of the new venture is  currently under the ownership of ATS. Therefore, she should removed that data. Other than that she could negotiate with ATS with the help of a legal consultant.

Shepherd

Shepherd has signed an agreement with NOVA, where he is being bound to disclose all the inventions he has worked on so far. This problem is more likely on the intellectual property law.

To resolve this issue he could own his inventions by way of patent the translate engines as early as possible. While the process may take some years, it will be protected from NOVA as it would in pending status.

The Consumer Price Index (CPI) is determined each month by multiple choice 1 averaging all the prices of goods and services in the economy. estimating the prices of goods and services in the economy at the same rate as the cost of living increases. comparing the value of a market basket of goods that consumers typically purchase to the value of the basket in cities around the country. comparing the value of a market basket of goods that consumers typically purchase to the value of the basket in a base year.

Answers

Answer:

The Consumer Price Index (CPI) is determined each month by

comparing the value of a market basket of goods that consumers typically purchase to the value of the basket in a base year.

Explanation:

The US Consumer Price Index (CPI) is an important statistical tool for identifying inflation and deflation periods in the US economy.  It computes the weighted average of prices of a predetermined basket of consumer goods and services. With the CPI changes, the assessment of the general cost of living in the economy becomes easier.

what are tresholds in auditing?​

Answers

Answer:

:)

Explanation:

The materiality threshold in audits refers to the benchmark used to obtain reasonable assurance that an audit does not detect any material misstatement that can significantly impact the usability of financial statements.

Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $4,320,000 on March 1, $2,880,000 on June 1, and $7,200,000 on December 31. Riverbed Company borrowed $2,400,000 on March 1 on a 5-year, 10% note to help finance construction of the building. In addition, the company had outstanding all year a 12%, 5-year, $4,800,000 note payable and an 11%, 4-year, $8,400,000 note payable. Compute avoidable interest for Riverbed Company. Use the weighted-average interest rate for interest capitalization purposes.

Answers

Answer:

total capitalized interests = $572,727

Explanation:

weighted expenditures:

$4,320,000 x 10/12 = $3,600,000

$2,880,000 x 7/12 = $1,680,000

$7,200,000 x 0/12 = $0

total = $5,280,000

$2,400,000 x 10/12 x 10% = $200,000

Capitalized interests = $200,000 (for $2,000,000)

weighted interests

$4,800,000 x 12/12 x 12% = $576,000

$8,400,000 x 12/12 x 11% = $924,000

weighted interest rate = $1,500,000 / $13,200,000 = 11.36%

Capitalized interests = ($5,280,000 - $2,000,000) x 11.36% = $372,727

total capitalized interests = $572,727

Muscat Sayarati Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours . The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $525,000, variable manufacturing overhead of $6.00 per labor -hour, and 35,000 abor-hours. The job sheet of Job G828 shows that the number of units in this job order is 45 units which incurred total of 90 labor-hours. This job consumed \$14/unit of direct materials cost and \$64/unit of direct labor costs. What would be the ?total cost for Job G828 approximately

Answers

Answer:

$810

Explanation:

Calculation to determine cost for Job G828

Estimated total manufacturing overhead cost = $525,000 + ($6.00× 35,000) = 315,000

Predetermined overhead rate = $315,000 ÷ 35,000 = $9

Overhead applied to a particular job = $9×90 = $810.

What does ceteris paribus mean?
ОА.
other things remain unequal
OB. other things remain constant
Oc. other things remain irregular
OD. other things remain unbalanced

Answers

Ceteris paribus mean : B. other things remain constant.

What is Ceteris paribus ?

Ceteris paribus  was a latin word that tend to means other things remain constant  or the same.

Example of Ceteris paribus is when  a marketer might say "ceteris paribus, we expect sales to increase by 20% if we lower the price of our product" to show that they are assuming that all other factors affecting sales such as advertising, competition, and consumer sentiment will remain the same

Therefore the correct option is B.

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Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Refer to the data for Pettijohn Inc. What is the firm's dividends per share

Answers

Answer:

The appropriate solution is "$2.91". A further explanation is given below.

Explanation:

Seems that the given question is incomplete. Below is the attachment of the full problem.

According to the question,

Common dividend,

= 509.83

Shares outstanding,

= 175

Now,

The dividend per share will be:

=  [tex]\frac{Common \ dividend}{Shares \ outstanding}[/tex]

On substituting the values, we get

=  [tex]\frac{509.83}{175}[/tex]

=  [tex]2.9133[/tex]

or,

=  [tex]2.91[/tex]

Which statement concerning the kinked demand curve model of oligopoly is false? The portion of the demand curve above the "kink" is more elastic than the portion below. The firm's marginal costs can sometimes shift without changing the profit-maximizing price and output. It assumes when one oligopolist raises the price, all others will follow. It addresses the question of price "stickiness."

Answers

Answer: It assumes when one oligopolist raises the price, all others will follow

Explanation:

An oligopoly is a form of market where there are dominated by few group of large sellers.

A kinked demand curve simply happens when the elasticity is not thesame for the lower and higher prices and the demand curve isn't a straight line.

It simply suggests that there are rigid prices and assumes when one oligopolist raises the price, all others will follow.

As reported by the Wall Street Journal in​ its’ article entitled​ "How Pfizer Set the Cost of its New Drug at​ $9,850," Pfizer determined that:________.
A. a price below​ $10,000 (or its determined price of​ $9,850) for its new drug Ibrance would result in a rapid increase in its marginal costs.
B. a price below​ $10,000 (or its determined price of​ $9,850) for its new drug Ibrance would result in a decline in its​ (total sale) revenues reflecting a price elasticity greater than one​ (in absolute​ value) for prices less than​ $10,000.
C. a price above​ $10,000 (or its determined price of​ $9,850) for its new drug Ibrance would result in a decline in its​ (total sale) revenues reflecting a price elasticity less than one​ (in absolute​ value) for prices exceeding ​$10,000.
D. a price above​ $10,000 (or its determined price of​ $9,850) for its new drug Ibrance would result in a decline in its​ (total sale) revenues reflecting a price elasticity greater than one​ (in absolute​ value) for prices exceeding ​$10,000.

Answers

my brain can't process this lol

Lake Power Sports sells jet skis and other powered recreational equipment. Customers pay one-third of the sales price of a jet ski when they initially purchase the ski, and then pay another one-third each year for the next two years. Because Lake has little information about the ability to collect these receivables, it uses the cost recovery method to recognize revenue on these installment sales. In 2020, Lake began operations and sold jet skis with a total price of $690,000 that cost Lake $345,000. Lake collected $230,000 in 2020, $230,000 in 2021, and $230,000 in 2022 associated with those sales. In 2021, Lake sold jet skis with a total price of $1,860,000 that cost Lake $1,116,000. Lake collected $620,000 in 2021, $430,000 in 2022, and $430,000 in 2023 associated with those sales. In 2023, Lake also repossessed $380,000 of jet skis that were sold in 2021. Those jet skis had a fair value of $142,500 at the time they were repossessed. In 2020, Lake would recognize realized gross profit of:

Answers

Answer:

$115,000

Explanation:

Calculation to determine what Lake would recognize realized gross profit

First step is to calculate the Gross profit percentage

Gross profit percentage = [($690,000 − $345,000)/$690,000]

Gross profit percentage =$345,000/$690,000

Gross profit percentage =0.5*100

Gross profit percentage = 50%

Now let calculate the realized gross profit

Realized gross profit=50% × $230,000

Realized gross profit = $115,000

Therefore Lake would recognize realized gross profit of:$115,000

A product sells for $210 per unit, and its variable costs per unit are $130. The fixed costs are $420,000. If the firm wants to earn $35,000 after tax income (assume a 30% tax rate), how many units must be sold

Answers

Answer:

5,688 units

Explanation:

Target sales = Target Profit + Fixed Costs ÷ Contribution per unit

where,

Contribution per unit = Sales - Variable Costs

                                   = $210 - $130 = $80

therefore,

Target sales = ($35,000 + $420,000)  ÷  $80 = 5,688 units

5
Select the correct answer.
Which type of investment offers both capital gains and interest income?
ОА.
property
OB.
CDs
Ос.
stocks
OD
bonds


Plato

Answers

Answer:

stocks

Explanation:

stocks have both a postitiveand negitive pole its the only one that makes sence.

Answer:

Stocks

Explanation:

Stocks is the type of investment offers both capital gains and interest income.

ohn Baker, a cash basis calendar year taxpayer, paid the following during the year:Social security tax (withheld from wages) $4,500Real estate taxes $3,200State income tax $3,400Special assessment for installation of sidewalks $1,140Penalty on tax underpayment $300Flat fee for automobile registration $90What itemized deduction may John claim for taxes on his return

Answers

Answer:

$6,600

Explanation:

Calculation to determine the itemized deduction that John may claim for taxes on his return

Real estate taxes $3,200

Add State income tax $3,400

Itemized deduction $6,600

($3,200+$3,400)

Therefore the itemized deduction that John may claim for taxes on his return is $6,600

The cost-plus approach: Multiple Choice uses an assumed reasonable profit margin to determine the stand-alone price. refers to contracts where the contractor is not expected to recover all costs incurred in completing the project. is not allowed under ASC Topic 606 guidance for revenue recognition. refers to contracts that are modified from their original terms during the course of the contract.

Answers

Answer:

Uses an assumed reasonable profit margin to determine the stand-alone price.

Explanation:

Is the pricing method in which a resonable profit margin is added to the total product cost to determine the sale price of a product.

For Example

Product A Incurred a total cost of $20 to produce one unit. The company XYZ wants to earn 20% profit margin on the cost of the product, hence the price will be $24 ( $20 x ( 1 + 20% ).

The properly formatted question is as follow

The cost-plus approach:

Uses an assumed reasonable profit margin to determine the stand-alone price.

refers to contracts where the contractor is not expected to recover all costs incurred in completing the project.

is not allowed under ASC Topic 606 guidance for revenue recognition.

refers to contracts that are modified from their original terms during the course of the contract.

1. True or false. The first word of your answer has to be either true or false. If the first word of your answer is not true or false, you receive 0 points. If the statement is true you are finished answering. If your answer is false, briefly explain why it is false. a. "If leisure is a normal good, a rise in the wage rate must lead to an increase in the number of hours that an individual wishes to work." b. "A good is inferior only if quantity demanded falls as price falls." c. " If the income effect is greater than the substitution effect and leisure is an inferior good, the labor supply curve will be negatively sloped."

Answers

Answer:

a. FALSE, since leisure is a normal good, an increase in the wage rate will result in both substitution and income effect which will decrease the number of hours worked and increase the leisure hours.

b. TRUE

c. FALSE, if leisure is an inferior good, as rise in wages will result in more working hours and les leisure hours, meaning that the labor supply has a positive slope.

Interest rates on 4-year Treasury securities are currently 5.55%, while 6-year Treasury securities yield 7.7%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet If the pure expectations theory is correct, what does the market believe that 2-year securities will be yielding 4 years from now? Calculate the yield using a geometric average. Do not round your intermediate calculations. Round your answer to two decimal places.

Answers

Answer:

12.13%

Explanation:

Calculation to determine what the market believe that 2-year securities will be yielding 4 years from now using a geometric average

Yield=((1+6 year rate)^6/(1+4 year rate)^4)^(1/2)-1

Yield =((1+7.7%)^6/(1+5.55%)^4)^(1/2)-1

Yield =0.1213*100

Yield =12.13%

Therefore what the market believe that 2-year securities will be yielding 4 years from now

using a geometric average will be 12.13%

You are a jeweler who wants to make sure you have the maximum number of diamonds for sale. You notice that the number of diamonds available drops more when the size is relevant versus when the color is relevant. By comparing these factors, you are conducting a(n) _____ analysis.

Answers

Answer:

sensitivity

Explanation:

A financial sensitivity analysis consists of analyzing the variables that influence decisions related to a business. That is, the dependent and independent variables are analyzed and how they will affect the economic results of a company.

This analysis is effective so that companies can make projections about how one variable is directly influenced by another according to the data found, assisting in the financial and economic decision-making process that will contribute to the profitability and positioning of the business.

Other Questions
Which activities may discourage some people from purchasing a hybrid vehicle? Check all that apply. A)digging into the earth to search for metalsB)paying premiums to recharge car batteriesC)disposing of large amounts of hazardous wasteD)converting coal plants into other industrial plantsE)consenting to auto mechanics recycling old batteries based on nuclear stability, what is the most likely product nuclide when nitrogen-13 undergoes decay? 4 Judith has recently taken out a mortage for $175,000 at a rate of 3.2%, compounded semi-annually, with an amortization period of 22 years. How much interest will she pay in the 40th month? Her payments are monthly. A $401 B $493 C $508 D $414 ____________ skills include competencies such as listening, nonverbal behavior, and business etiquette. Fiscal policy is sometimes used during recession as a way to increase output by shifting aggregate demand to the right and reduce unemployment What are some of the drawbacks of such policy that usually takes place in real data? a. An increase in the deficit (or a reduction in the surplus) of government budget. b. The next expansionary period is usually followed by an increase in the surplus (or cutting the deficit) by raising taxes, which reduces aggregate demand, and raises unemployment. c. Politicians are often reluctant to raise taxes next period to finance the deficit created by cyclical fiscal policy which can contribute to higher levels of overall national debt. d. A and C are correct. What percentage of total tax expense is currently payable for each year? a barbershop staffed with only one barber receives an average of 20 customers per day. the mean service time averages about 20 minutes per customer. assuming that the customer arrival follows a poisson distribution and the service time follows an exponential distribution. answer the following questions knowing that the barber works only for 8 hours a day: if a guy walks into this barbershop, what is the average number of customers in the barbershop he should expect to see? The curves show the marginal cost (MC), average variable cost (AVC), and average total cost (ATC) functions for a firm in a competitive market. Using the straight-line tool, draw a straight line, all the way from the left edge of the graph to the right edge, to represent the minimum price at which the firm should continue operating. How many peaks are there in a perfectly U-shapeddistribution? A PPF is a straight line as a result of Select one: a constant opportunity costs b. increasing opportunity costs C. decreasing opportunity costs. d. scarcity. e choice. The languages with which paul was familiar in his day were _____ . hebrew latin greek aramaic Mama's Mexican Meals, Inc., had the following activity for an inventory item during June:UnitsUnitCostBeginning inventory50$10Purchase (June 5).1016Purchase (June 15)3014Sale (June 20).40Sale (June 25).20Purchase (June 30)1020Assuming Mama's uses a perpetual weighted average cost flow assumption, cost of goods sold for June would be In the table the profit y (in units of R10000) is shown for a number of values of the sales of a certain item (in units of 100). I 1 2 3 698 Y Make use of the Lagrange method for the derivation of an interpolation polynomial in order to show that a maximum profit is obtained for a specific value of x and then find this maximum profit. The Dahlia Medical Center has 32 labor rooms, 18 combination labor and delivery rooms, and 4 delivery rooms. All of these facilities operate around the clock. Time spent in labor rooms varies from hou Describe a hypothetical situation where aprospect has raised objections to yoursales pitch, and how you dealt with thoseobjections.You are required to1. Describe what was being sold2. Describe the prospects' objection3. And finally, describe how youhandled those objections ? You are considering going to graduate school for a 1-yearMasters program. You have done some research and believe that theMasters degree will add $5,000 per year to your salary for thenext 10 Which one of the following changes would cause the pressure of a gas to double assuming volume and moles were held constant?A) Increasing the temperature from 20.0 C to 40.0 C.B) Decreasing the temperature from 400 K to 200 K.C) Increasing the temperature from 200K to 400K.D) Decreasing the temperature from 40.0 C to 20.0 C. PLEASE HELP!!please please STC (Sullivision Television Company), who specializes in do-it-yourself Coreygami and Baton twirling programs, has just hired you. Your first task is to find out how many satellites the company will need. You know that Earth's diameter is approximately 8000 miles and the satellite will move in an orbit about 600 miles above the surface. The satellite will hover directly above a fixed point on the Earth. Draw CB and CD.3. Find the measure of AC: __________4. Find the measure of AB: __________.5. Find mBCA and mDCA _____________.6. Find mBCD _____________. 7. Find the arc length of arc BD. _________.8. How many satellites would you recommend Sullivision use so that the entire circumference of the Earth is covered? Show how your got your answer. Which of the following would you expect to be excluded from entering this hydrophobic substrate channel? Choose one or more: H20 Ca2+ fatty acids 02