as you grow older, which of these might make you change your personal finance decision more?

Answers

Answer 1

As you grow older the responsibilities increase and so this majorly effects the finance decisions more.

What is Finance?

Finance is the process of gathering or raising fund for some sort of expenditure. Finance decision is important critical and needs to be perfect. Financial decision is taken by complete care and by viewing all the aspects of the market and opportunities to finance available.

Later in life when a person grow older the finance decisions become more difficult as the person now have more responsibilities and cannot afford a loss for the dependents.

The decision made is therefore needs to be critically analyzed and double checked before making a decision. It is recommended to all individuals to take the finance decision with complete care.

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Answer 2

Answer:

As you grow older the responsibilities increase and so this majorly effects the finance decisions more.

What is Finance?

Finance is the process of gathering or raising fund for some sort of expenditure. Finance decision is important critical and needs to be perfect. Financial decision is taken by complete care and by viewing all the aspects of the market and opportunities to finance available.

Later in life when a person grow older the finance decisions become more difficult as the person now have more responsibilities and cannot afford a loss for the dependents.

The decision made is therefore needs to be critically analyzed and double checked before making a decision. It is recommended to all individuals to take the finance decision with complete care.

Explanation:


Related Questions

On June 1, Barlow Inc. performed services and billed its client, Bertram Enterprises $1,500. On June 9, Bertram paid the account in full. The combined effect of these two transactions on Bertram’s tabular analysis is:

Answers

The effect of these two transactions is that, Bertram liability towards the payment of the amount of bill will decrease on June 9.

What is bill?

A bill is defined as an instrument that is given to another person as a proof of purchase, and it also denotes that how much the amount would be paid by one person to another.

On June 1, Barlow Inc. completed work for Bertram Enterprises and billed them $1,500. Bertram paid the account in full on June 9th.

Bertram's tabular analysis is affected by the combined effect of these two transactions, are shown in the image below.

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On June 1, Barlow Inc. performed services and billed its client, Bertram Enterprises $1,500. On June

promotional Scavenger

Answers

Example of incentives promotion could be offering a discount or a special promotional price for a limited time to encourage immediate purchase.

Hence, a person who constantly seeks out these promotions is caalled a Promotional scavenger.

What is promotion?

Promotion in marketing refers to any sort of marketing communication that is used to enlighten target audiences about the relative qualities of a product, service, brand, or problem, and is usually persuasive in nature.

Revenue promotions can assist your firm acquire new clients in addition to raising immediate revenue. Encourage repeat purchases and loyalty. acquire insights about customer behaviors.

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Which of the following influences what you choose to wear
Your activities

All of the Above

Basic needs

Your personal preferences

Answers

Answer:

all of the above dnnxndncnvhhdbdbdbd

'when people in the united states call a helpline or make an airline reservation, they may be to someone in mumbay(bombay), india who has been trained to speak english with an american accent." This statement refers to the important aspects of globalisation. Can you discuss the reasons why operations managers would consider such an aspect

Answers

The reasons why operations managers would consider globalization is that globalization gives businesses the chance to access new consumers in new markets, which drastically changes how successful manufacturers can conduct their business as well as bring about a boast in sells and thereafter more profit.

What is the impact of globalization on operations?

As a result of globalization, businesses are now able to use operational strategies to target a wider range of consumers with their goods and services in order to increase profit and market share and, ultimately, reduce the risk of product failure thanks to thorough product and geographic market research.

Therefore, the reason given above is the point that operations managers need to consider in regards to globalization

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zarasiato24, I couldn't give Brainliest so I am posting a new question so I can give you Brainliest

Answers

Answer:

im here

Explanation:

Explain any 2 objectives of a multinational firm with regard to its compensation policies?

Answers

The 2 objectives of a multinational firm with regard to its compensation policies are:

to keep the expatriate whole through maintenance of home-country living standardensuring a financial inducement to make the package attractive

What is a compensation policies?

This refers to the principle of action that is proposed by an organization in regard to its employee's salary, benefits, bonuses etc

Therefore, the objectives of these multi-national firm are to keep the expatriate whole through maintenance of home-country living standard and ensuring a financial inducement to make the package attractive.

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An employee's decision to leave his or her job by choice when the business is
shrinking its workforce, in exchange for a cash payment and year of health
insurance would be an example of.
OA. outsourcing
B. voluntary termination
OC. restructuring
D. reduced work hours.
SUBMIT

Answers

Offboarding is the method that leads to the formal separation between an employee and a employer via resignation, termination, or retirement.

It encompasses all the selections and tactics that take area when an worker leaves.

This may also include: Transferring that employee's job responsibilities

What takes place when a organization downsizes?

Downsizing is the everlasting reduction of a company's labor force by way of disposing of unproductive employees or divisions.

While it is normally carried out at some point of instances of stress and a decline in revenues, downsizing can also be used to create leaner and extra efficient businesses.

What is employee displacement?

Displaced workers are defined as people 20 years of age and over who record that they lost or left jobs due to the fact their plant or organization closed or moved, there used to be insufficient work for them to do, or their function or shift was once abolished.

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Answer:it’s b

Explanation:B. voluntary termination

purchased goods of rs 40000 journal entries​

Answers

The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.

How to enter the journal ?

The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.

Date                Account title                                Debit              Credit

XX -XXXX       Purchases                                Rs. 40, 000

                       Accounts payable                                           Rs. 40, 000

This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.

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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.

The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000

Common Stock
(dividends per share)

I cannot figure out Y1 or Y3

Answers

The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.

To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.

Given information:

Cumulative preferred stock: 15,000 shares, 1% dividend

Common stock: 50,000 shares, $30 par value

Dividends distributed:

Y1: $30,000

Y2: $12,000

Y3: $45,000

First, let's calculate the dividends per share for the cumulative preferred stock in each year.

Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares

Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares

Dividends per share for cumulative preferred stock = $1 / 15,000

Dividends per share for cumulative preferred stock = $0.000067 per share

Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).

For Y1:

Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)

Total dividends for common stock = $30,000 - ($0.000067 * 15,000)

Total dividends for common stock = $30,000 - $1.005

Total dividends for common stock = $29,998.995

Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares

Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares

Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)

For Y3:

Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)

Total dividends for common stock = $45,000 - ($0.000067 * 15,000)

Total dividends for common stock = $45,000 - $1.005

Total dividends for common stock = $44,998.995

Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares

Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares

Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)

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The Prakash Estate has equal income beneficiaries Sam and Janet. As allowed by the terms of the will, the estate makes no income distributions during the current tax year. The estate’s personal exemption is:______________
a. $0.
b. $100.
c. $300.
d. $600.
e. The exemption depends on the amount of taxable income of the estate.

Answers

Answer:

d. $600

Explanation:

The real estate owners are allowed personal exemption of up to $600. Prakash Estate is also entitled to for personal exemption in current tax year. The estate has not made any income distribution in the current year and all the partners have equal income setup in the estate.

Around the world, many countries have passed laws to keep farm prices higher than they otherwise would be. Why does this widespread practice continue?

Answers

Answer:Widespread Discrimination Continues to Shape LGBT People’s Lives in Both Subtle and Significant Ways

Explanation:

What is the best business to start from 12-17 yrs old in UK​

Answers

Starting a business at a young age can be a great way to develop skills, gain experience and earn some extra money. Here are some ideas for businesses that can be started by 12-17-year-olds in the UK:

Online reselling: This involves buying products in bulk and reselling them online for a profit. Popular platforms to use are eBay, Amazon, and Depop.
Pet-sitting and dog-walking: Many people need help looking after their pets when they are at work or on vacation. You can offer your services to friends, family, and neighbors or use websites such as Rover or PetSitter.com.
Cleaning services: Offer to clean homes or businesses in your local area. This can include tasks such as dusting, vacuuming, and mopping.
Lawn care: Offer to mow lawns, trim hedges, and tidy gardens in your local area. This is particularly in demand during the summer months.
Tutoring: If you are particularly skilled in a certain subject, you can offer to tutor other students in your area.
Social media management: Many small businesses struggle to manage their social media accounts. You can offer your services to help them create content, schedule posts and manage their online presence.
Event planning: Help plan and organize parties, events or small gatherings for family, friends or neighbors.
Remember, starting a business at a young age requires dedication, hard work, and a willingness to learn. It is also important to research any legal requirements and regulations that may apply to the type of business you want to start.

Cecilia has studied economics and knows about the value and investment potential of diamonds. The price of
diamonds has recently decreased, and a new diamond mine has opened nearby. Cecilia decides to buy a diamond
necklace while the prices are lower.
How did Cecilia's knowledge of economics help her make a savvy commodity purchase?
O She knew that diamonds are popular and in high demand.
She knew that diamonds are a nonrenewable resource, making them scarce.
She knew that the cost of diamonds depends only on the demand.
She knew that the purchase of diamonds will satisfy wants and needs.

Answers

Answer:

c She knew that the cost of diamonds depends only on the demand.

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Explanation:

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Cecilia's knowledge of economics help her make a savvy commodity purchase because she knew that the cost of diamonds depends only on the demand.

What is demand?

Demand is ability of an individual to request for a good or service.

When demand is high the supplier are at advantage and goods could be sell at a higher price but when the demand is low supply is also low.

Therefore, Cecilia's knowledge of economics help her make a savvy commodity purchase because she knew that the cost of diamonds depends only on the demand.

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Attributes of getta byte software

Answers

The goal of the Getta Byte Software project is to substitute the present manual ticketing system with a cloud-based online system.  With a $250,000 budget, the primary objective is to develop a new system that is accurate, simple, and quick.

What is software?

Computer programs and the related documentation and data are collectively referred to as software. Hardware, on the other hand, is what the system is made of and what actually does the work.

Executable code, which is the most basic form of programming, is made up of machine language instructions that are supported by a single processor, most often a central processing unit (CPU) or a graphics processing unit (GPU).  Machine language is made up of collections of binary values that represent processor instructions that alter the previous state of the machine.

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What are Aggregate Demand and Aggregate supply?

Answers

Answer:

total or effective demand for good or service

total quantity of output firm will produce

On July 1, 2018, Gupta Corporation bought 25% of the outstanding common stock of VB Company for $140 million cash. At the date of acquisition of the stock, VB net assets had a total fair value of $480 million and a book value of $280 million. Of the $200 million difference, $44 million was attributable to the appreciated value of inventory that was sold during the last half of 2018, $128 million was attributable to buildings that had a remaining depreciable life of 10 years, and $28 million related to equipment that had a remaining depreciable life of 5 years. Between July 1, 2018, and December 31, 2018, VB earned net income of $60 million and declared and paid cash dividends of $52 million.

Required:
1. Prepare all appropriate journal entries related to the investment in 2016, assuming equity method.
2. Determine the amounts to be reported by Gupta

a. As an investment in Gupta's 2016 balance sheet.
b. As investment revenue or loss on Gupta's 2016 income statement
c. Among investing activities in Gupta's statement of cash flows.

Answers

Answer:

Please below and attached detailed solution.

Explanation:

1. Prepare all appropriate journal entries related to the investment in 2016, assuming equity method - Please see attached detailed solution

2. Determine the amounts to be reported by Gupta;

a. As an investment in Gupta's 2016 balance sheet = $126.4 million

b. As an investment revenue or loss on Gupta's 2016 income statement = $0.6 million

c. Among investing activities in Gupta's statement of cash flow = $140 million.

Please find attached solution to the questions and answers above.

On July 1, 2018, Gupta Corporation bought 25% of the outstanding common stock of VB Company for $140
On July 1, 2018, Gupta Corporation bought 25% of the outstanding common stock of VB Company for $140

What are shirts mostly made out of?​

Answers

Answer:

Shirts Are made back in time People used Cotton For to make shirts Like knitting its a Kind Of cotton too make clothing hats pants shorts long Socks And even Bookmarks and bookcovers Its amazing what to knit and make with cotton. \(Hopethishelps!!!!\)

Explanation:

Suppose at her current level of consumption, a person enjoys going to an additional baseball game three times as much as seeing an additional new movie. The price of a ticket for a baseball game is $30, and the price of a ticket for a movie is $15. Is the person spending her income (for these two goods) in a manner that maximizes her satisfaction

Answers

Answer:

The person is NOT spending her income for both goods in a manner that maximizes her satisfaction.

Explanation:

Based on the information given The person is NOT spending her income for both goods in a manner that maximizes her satisfaction which means that she would have to INCREASE baseball games consumption and DECREASE movies consumption reason been that we were told that an individual enjoys going to baseball game three times compare to seeing new movie which therefore means The price of the ticket for a baseball game which is the amount of $30 should be increase while the price of a ticket for a movie which is the amount of $15 should be decrease.

Master’s Cleaners’ average variable costs consist of $.70 of direct labor, $.30 of direct

materials, and $.50 of other variable inputs. If it has fixed costs of $1,000, what level of output

is required at a price of $2 to generate $500 in profits?

a. 1,000

b. 1,500

c. 2,000

d. 2,500

e. 3,000

Answers

d, no explanation but hope this helps!

Explain any two (2) value chain activities that Coca-Cola makes use of.

Answers

Coca-Cola employs marketing and sales activities to create brand awareness and optimize their supply chain and manufacturing process to produce and distribute products efficiently.

Coca-Cola, one of the world's leading beverage companies, employs various value chain activities to produce and distribute its products effectively. Here are two examples of value chain activities that Coca-Cola uses

Marketing and Sales: Coca-Cola invests heavily in marketing and sales activities to create brand awareness and promote its products. They use various channels such as TV commercials, billboards, social media, and sponsorship of events to reach their target customers.

Operations: Coca-Cola has a highly efficient supply chain and manufacturing process that helps them produce and distribute their products efficiently. They have established production facilities in various regions worldwide, allowing them to produce and distribute products locally.

Overall, these value chain activities enable Coca-Cola to produce and distribute its products efficiently while maintaining the quality of its products and building brand loyalty among customers.

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What types of information do we disclose to others when forming a relationship? (site 1)

Answers

Answer:

self disclosure

Explanation:

Pretend that you are designing diversity training for your co-workers. What 3 concepts from this lesson would you include in this training and
why? Please support your response with specific examples from the text and the video (provide page numbers and time markers). Your initial
post must be a minimum of 6 sentences in length. Then provide 2-4 sentences of feedback to a minimum of 3 other posts.

Answers

In the preparation of a designing diversity training for co-workers, some important concepts that most be included in this training includes:

Understanding Implicit BiasIntersectionalityMicroaggressions

What do you mean by diversity training?

Diversity training refers to any program that aims to promote positive intergroup interaction, reduce prejudice and discrimination, and teach people who are different from others how to work effectively together.

Understanding Implicit Bias in this training can help individuals recognize and challenge their own biases, leading to more inclusive and equitable workplace behavior.

Understanding intersectionality can help individuals understand and acknowledge the unique challenges that different groups of people face, as well as aid in the development of more inclusive and equitable policies and practices.

Understanding microaggressions can assist individuals in recognizing when they or others are engaging in harmful behavior, as well as in creating a more inclusive and equitable work environment.

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The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy fresh lettuce for $9.00 a box. The lettuce is sold for $17.00 a box and the dealer that sells old lettuce is willing to pay $5.00 a box. Past history says that tomorrow's demand for lettuce averages 258 boxes with a standard deviation of 41 boxes.

Required:
How many boxes of lettuce should the supermarket purchase tomorrow?

Answers

Answer:

276 boxes

Explanation:

Given the following :

Cost price of lettuce = $9

Selling price of lettuce = $17

Selling price of old lettuce (Salvage value) =$5

Mean demand (m) = 258

Standard deviation(σ) = 41

The marginal profit = selling price - cost price

Marginal profit = $(17 - 9) = $8

Marginal loss ; old lettuce : cost price - salvage value $(9 - 5) = $4

Probability (p) = marginal profit /(marginal profit + marginal loss)

P = 8 / (8 + 4) ; 8 / 12 = 0.667

Using the InvNorm function of the T84 calculator :

InvNorm(prob, mean, standard deviation)

InvNorm(0.667, 258, 41) = 275.697 = 276 boxes

Number of lettuce boxes supermarket should purchase tomorrow = 276 boxes

DO you know what 407

Answers

Answer:

wdym wut 407

Explanation:

The amount of income before deductions for interest expense and income taxes is the amount available to pay interest. The ratio takes this income divided by interest expense to determine the risk for creditors. True or False

Answers

"The amount of income before deductions for interest expense and income taxes is the amount available to pay interest. The ratio takes this income divided by interest expense to determine the risk for creditors. " True

What is income?

Generally,The amount of income before deductions for interest expense and income taxes is commonly referred to as earnings before interest and taxes (EBIT), and it represents the amount of income available to pay interest on debt obligations.

The interest coverage ratio is a financial metric that measures a company's ability to meet its interest payments on debt, and it is calculated by dividing EBIT by the interest expense.

A higher interest coverage ratio indicates a lower risk for creditors, as the company has more income available to pay its interest expenses.

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essay question business studies describe the following economic issues hiv and aids piracy strikes porverty​

Answers


They are problems that come from social/people and economic/money
Businesses face increased costs of finding/recruiting/training replacements.
• The pool of available skilled workers is getting smaller due to the high rate of HIV
infection.
• The costs of finding replacement employees and recruiting are high.
• Business need to invest money in programmes to educate the workers regarding


Costs such as insurance/retirement funds/health/safety are higher as a result of HIV for
the business.
• Businesses face increased costs of paying benefits like housing subsidies, medical care,
funeral care and pension funds.
• Staff morale might be low as they are concerned about their health thus lowering productivity

2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.

Answers

Ebay is effective, secure, and beneficial. It is effective at helping you find anything you want to buy, safe due to the company's reputation, and also useful in the event that the client did not receive the item.

What do you mean by the brand?

A brand is a good, service, or idea that is publicly set apart from similar ones. This makes it simple to convey and generally promote.

The process of developing and promoting a brand's name, attributes, and personality is known as branding. Both specific goods and services or ideas can be branded, as well as the complete corporate identity.

Therefore, Ebay is effective, secure, and beneficial. It is effective at helping you find anything you want to buy, safe due to the company's reputation, and also useful in the event that the client did not receive the item. If you still haven't received the merchandise, they offer an alternative where you can get a complete refund.

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whats ordinary annuity

Answers

Answer:

An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time

Explanation:

I hope this helps :(

SCENARIO INTRODUCTION
Use the information provided below to complete the questions.

Suppose a small economy has two income tax rates: 20% for all income up to $50,000 and 30% for any income earned above $50,000. Suppose that the economy has a Government Budget for this year (year 1) of $70,900.00, and a total of five individuals earning the following income: Carla $28,000, Ben $49,000, Jennifer $50,000, Donnie $75,000, Maria $110,000. In chapter 5 we saw that GDP can be calculated in two ways, via the expenditure approach or the income approach, and that when the income approach is used, there must be adjustments made to National Income, specifically adding the Consumption of Fixed Capital and a Statistical Discrepancy. For the sake of simplicity, let's imagine that National Income is equal to GDP, in other words the Consumption of Fixed Capital and the Statistical Discrepancy are equal to zero.


CALCULATING TAX REVENUES - YEAR 1
1. Calculate the Total Tax Revenues. a) what would be the total tax revenue paid by each of the five citizens? b) what is the total tax revenue for the small nation? (16 points)

2. What is the small Nation's Income in year 1? (6 points)

3. What percent of the Nation's Income does the Total Tax Revenue represent? (6 points)

4. In year 1, does the economy have a balanced budget, a budget surplus, or a budget deficit. Accompany your response with the corresponding dollar amount. (6 points)

CALCULATING TAX REVENUES - YEAR 2
5. Now assume that a recession (triggered by a reduction of Aggregate Demand) causes each of the five incomes to fall by 20%. In other words, income is 80% of what they used to be. Given the lower income, a) what would be the total tax revenue paid by each of the five citizens? b) what is the total tax revenue for the small nation? (18 points)

6. What is the Nation's Income in year 2? (6 points)

7. In year 2, what percent of the Nation's Income does the Total Tax Revenue represent? (6 points)

8. Suppose that the Government Budget remained the same in year 2. Is the economy experiencing a balanced budget, a budget surplus, or a budget deficit, in year 2? Accompany your response with the corresponding dollar amount. (6 points)

PUTTING IT ALL TOGETHER - PART 3
9. Using the answers for part 1 and part 2. Explain how this progressive tax structure (20% and 30% tax brackets) acts as an automatic stabilizer. (10 points)

10. Using the answers for part 1 and part 2. What is the size of the recessionary Gap? In other words, what is the dollar value of the GDP that is being lost (not produced) because of the recession? (10 points)

11. Assuming a Marginal Propensity to Save (MPS) of 20% or 0.20, use the Keynesian Multiplier to determine the additional amount of government spending required. (10 points)

Answers

Explanation:

a) Carla pays 20% of $28,000 which is $5,600.

Ben pays 20% of $49,000 which is $9,800.

Jennifer pays 20% of $50,000 which is $10,000.

Donnie pays 20% of the first $50,000 of income which is $10,000 and 30% of the remaining $25,000 which is $7,500, making a total of $17,500.

Maria pays 20% of the first $50,000 of income which is $10,000 and 30% of the remaining $60,000 which is $18,000, making a total of $28,000.

b) The total tax revenue for the small nation is $70,900, since that is the government budget.

2) The small nation's income in year 1 is the sum of the incomes of all five citizens, which is $312,000($28,000 + $49,000 + $50,000 + $75,000 + $110,000).

3) The total tax revenue represents 22.7% ($70,900 ÷ $312,000 x 100%) of the nation's income.

4) The small economy has a budget deficit of $0.00, since the government budget is equal to the total tax revenue.

5)

a) Carla pays 20% of 80% of $28,000 which is $4,480.

Ben pays 20% of 80% of $49,000 which is $7,840.

Jennifer pays 20% of 80% of $50,000 which is $8,000.

Donnie pays 20% of the first $50,000 of income which is $10,000 and 30% of 80% of the remaining $25,000 which is $6,000, making a total of $16,000.

Maria pays 20% of the first $50,000 of income which is $10,000 and 30% of 80% of the remaining $60,000 which is $14,400, making a total of $24,400.

b) The total tax revenue for the small nation is $60,720.

6) The small nation's income in year 2 is the sum of the incomes of all five citizens, which is $249,600 ($22,400 + $39,200 + $40,000 + $60,000 + $88,000).

7) The total tax revenue represents 24.3% ($60,720 ÷ $249,600 x 100%) of the nation's income.

8) The small economy has a budget deficit of $10,180 ($70,900 - $60,720), since the total tax revenue is less than the government budget.

9) The progressive tax structure acts as an automatic stabilizer because during a recession, when incomes fall, the amount of tax revenue collected also falls. This provides some relief to taxpayers who are experiencing lower income and helps to lessen the severity of the recession.

10) The size of the recessionary gap is the difference between the income in year 1 and the income in year 2, which is $62,400 ($312,000 - $249,600).

11) The Keynesian Multiplier is 1 ÷ (1 - MPS) = 1 ÷ (1 - 0.20) = 1.25. To determine the additional amount of government spending required, we can use the following formula:

Change in GDP = Multiplier x Change in Government Spending

Since the recessionary gap is $62,400, the change in government spending required is:

$62,400 = 1.25 x Change in Government Spending

Change in Government Spending = $49,920.

Therefore, the additional government spending required is $49,920.


The competitive threat that outsiders will enter a market is weaker when

Answers

The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.

The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.

There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.

Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.

The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.

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