john maynard keynes and his follow the french economist jean-baptiste say transformed the equality of total output and total spending into a law that can be expressed as follows:

Answers

Answer 1

This identity states that the total spending of an economy, which includes consumption expenditure, investment expenditure, government expenditure, and net exports, is always equal to the total output or GDP of that economy.

John Maynard Keynes and his followers, including the French economist Jean-Baptiste Say, transformed the equality of total output and total spending into a law that can be expressed as follows:

Mathematically, Keynesian identity can be expressed as GDP = C + I + G + NX where,

GDP: Gross Domestic ProductC: Consumption expendituresI: Investment expenditures G: Government expenditureNX: Net exports

Therefore, according to Keynesian economics, the total output or GDP of an economy is always equal to the total spending of that economy, which includes consumption expenditure, investment expenditure, government expenditure, and net exports. This identity forms the basis of Keynesian economics and highlights the importance of aggregate demand in an economy.

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Related Questions

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised break-even point in units would:

Answers

Answer:

"Decrease by 250" is the appropriate response.

Explanation:

The given values are:

Revised fixed cost,

= $150,000

Current selling price,

= $100

Current variable cost,

= $60

Current contribution will be:

=  \(Current \ selling \ price-Current \ variable \ cost\)

=  \(100-60\)

=  \(40\)

Now,

The revised BEP will be:

=  \(\frac{Revised \ fixed \ cost}{Revised \ contribution}\)

On substituting the values, we get

=  \(\frac{150,000}{40}\)

=  \(3750 \ units\)

hence,

=  \(4000-3750\)

=  \(250\)

Thus the above is the correct answer.

In a public stock company, the centerpiece of corporate governance is the ______.

Answers

In a public stock company, the centerpiece of corporate governance is the board of directors.

The characteristics of a public company are that they're limited by shares and feature limited legal responsibility. 'Restrained by stocks' manner that shares within the organization may be offered and sold freely (stocks are featured within the inventory change).

Company governance is the system through which businesses are directed and controlled. Boards of administrators are accountable for the governance of their agencies. The shareholders' role in governance is to hire the administrators and the auditors and to meet themselves that the best governance shape is in place.

In an inventory company, non-govt administrators are elected with the aid of the shareholders, and the board has the ultimate duty the control of the enterprise.

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Oh boy not much points left better get some

Answers

Answer:

Im so confused

Explanation:

:)

Answer:

..........

Explanation:

What is the rationale behind the optimal choice of the consumer?

Answers

According to rational choice theory, individuals use their self-interests to make choices that will provide them with the greatest benefit.

Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.

Answers

Answer:

Businesses might prefer selling direct to customers through a website with e-commerce facilities because:

1. For covering a wider distance, distance is not a barrier.

2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.

3. For product and price comparison.

4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.

5. For saving the cost of paying workers.

6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.

Explanation:

The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.

First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.

Where is a good place for reviewers to start reviewing a work?

A. with the opinions of famous thinkers
B. with quotations from other reviewers
C. by analyzing the context of a work
D. by noticing their emotional reaction​

Answers

Answer:

C. by analyzing the context of a work

Explanation:

We are asked what is a good place for reviewers to start reviewing a work.

By analyzing the context of a work, the work could be reviewed.

Hence C is the most appropriate option.

A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed.

Answers

A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed.

A) Cash-and-carry wholesaler

B) Broker

C) Retailer

D) Wholesaler

E) Commission merchant

Answer- B) Broker

How a researcher knows what is topical within his or her subject and why it is important to know that

Answers

The research topic that the researcher finds is interesting and hence, he becomes anxious to complete the research work to add value to existing gap.

The research's "what," or the subject to be examined, is provided by the topic. The researcher can locate the research in the literature by defining and identifying the "what" of the study. The drive to pursue an interest is personally generated by curiosity. You can concentrate interest by concentrating on accuracy and clarity.

You must select one study topic that can be thoroughly studied. Clearly define your bounds. Take into account this illustration of topic concentration. Try this question instead of "I am interested in why children are not succeeding": "What effect does comprehending specialised academic language have on accomplishment in the natural sciences for third-grade Hispanic second-language learners?"

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The price elasticity of supply measures how Multiple Choice easily labor and capital can be substituted for one another in the production process. responsive the quantity supplied of X is to changes in the price of X. responsive the quantity supplied of Y is to changes in the price of X. responsive quantity supplied is to a change in incomes.

Answers

Answer:

Yes

Explanation:

Cause an increase in price causes increase in goods produced

In ______________treatment approaches people have either failed to learn the skills they need to cope with problems of living, or have acquired faulty skills and patterns maintained through reinforcement.

Answers

In behavior therapy or cognitive-behavioral therapy (CBT) approaches, people have either failed to learn the skills they need to cope with problems of living or have acquired faulty skills and patterns maintained through reinforcement.

Behavior therapy focuses on understanding and modifying behavior through techniques such as behavior analysis, conditioning, and reinforcement. It emphasizes the role of learning in shaping behavior and aims to replace maladaptive behaviors with more adaptive ones. Individuals may lack certain coping skills or have learned ineffective patterns of behavior that contribute to their difficulties. Cognitive-behavioral therapy (CBT) combines behavioral techniques with cognitive restructuring, targeting both behavior and thought patterns. It recognizes that faulty or distorted thinking can influence behavior and emotional responses. By addressing faulty skills and patterns of behavior through learning principles and cognitive restructuring, these treatment approaches aim to improve individuals' ability to cope with problems of living.

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The intended audience for your résumé is a potential employer.


False

True

Answers

Answer:

True

Explanation:

False, it’s actually not just for hiring a potential employee, but its audience is ‘hiring a manager or recruiter.’ The recruiter works for the employee, and yet the manager is somewhat of a higher rank.

CalebCorp expects to pay the following dividends on its stock: $3.00 in year 1, $3.50 in year 2, zero dividends in year 3, and $4.50 in year 4. The company expects that dividends will grow at 6.5% annually thereafter. What will you pay for a share of CalebCorp stock if your required rate of return is 10%?

Answers

To find the price of a share of CalebCorp stock, we need to use the Dividend Discount Model (DDM). The DDM is a method used to value a company's stock based on the present value of its expected future dividends. The formula for the DDM is:

P0 = (D1 / (1 + r)^1) + (D2 / (1 + r)^2) + (D3 / (1 + r)^3) + ... + (Dn / (1 + r)^n)

Where:
P0 = the current stock price
D1, D2, D3, ... Dn = the expected dividends for each year
r = the required rate of return

Using the information provided in the question, we can plug in the values for the expected dividends and the required rate of return into the formula:

P0 = ($3.00 / (1 + 0.10)^1) + ($3.50 / (1 + 0.10)^2) + ($0.00 / (1 + 0.10)^3) + ($4.50 / (1 + 0.10)^4) + (($4.50 * 1.065) / (0.10 - 0.065)) / (1 + 0.10)^4

P0 = $2.73 + $2.89 + $0.00 + $3.09 + $82.99

P0 = $91.70

Therefore, the price you will pay for a share of CalebCorp stock is $91.70.

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Henry and Charlotte are both 28 years old.

Henry and Charlotte separated in 2018 and their divorce was finalized in January 2019. During 2019, Charlotte paid Henry alimony payments of $12,000.

Charlotte earned $85,000 in wages during 2019. Henry earned $13,000 in wages.

Henry has two children from a previous relationship. Ethan is 9 and James is 6 years old and they lived with Henry for all of 2019. Ethan and James did not provide over half of their own support.

Henry paid all the rent, utilities, and household expenses.

Henry, Charlotte, Ethan, and James are all U.S. citizens with valid Social Security numbers.

*** Who can claim Ethan and James as qualifying children for earned income credit?

A. Charlotte

B. Henry

C. Both Charlotte and Henry

D. Neither Charlotte or Henry

Answers

Answer:

B. Henry

Explanation:

The following are the requirements to qualify for earning income credit:

1. Henry and children has the number of social security

2. Henry earns $12,000 i.e. higher than that of $1 for a year  

3. And both the children lived with Henry in the year 2019 not with the charlotte

So according to the above explanation only henry could qualify the children for earned income credit

Therefore the option B is correct

Wes Ottey would like to buy an apartment in Sydney in six years. He is looking to invest $75,000 today in a share that is expected to earn a return of 18.3 percent annually. How much will he have at the end of six years? (Round to the nearest dollar.)

Answers

Answer: 82350

Explanation: I say this cause mathematically speaking 18.3% of 75000 = 13725, then multiplied by 6 (6 years) should be 82350. It does say the end of 6 years though but the end of 6 years isn't 7 years so I'd still say 82350 or something like that.

Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False

Answers

True I think I am not 100% sure

Brent called insurance companies and got insurance quotes for the three trucks. Both the 1996 Ford F150 and the 1998 Chevy 1500 were quoted for $250 and the 2000 Toyota Tundra was quoted for $245. To help Brent make his decision gather some more reliable information by using newspapers, or looking at their Web sites, and reviewing consumer magazines and Web sites. Also, look at the manufacturer Web site or www.fueleconomy.gov for information about gas mileage. List the sources you use and include the notes you take from each source.

Use the PACED decision-making process to make the decision for Brent. Show your work.

Answers

The sources that one could use to gather some more reliable information regarding the insurance companies are;

Annual ReportsMagazinesNewspaperTelevision AdvertisementWebsites.

What is a paced decision making process?

P - Problem - there is a need to make a choice

A - Alternatives - The alternatives here are two insurance companies

C - Criteria - We need to establish the company that is more reliable

E - Evaluate - This is the process of comparing information obtained about both companies

D - Decision making - This is the process of making a decision to go with the best insurance company.

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northwest fur company started 2024 with $94,000 of inventory on hand. during 2024, $400,000 in inventory was purchased on account with credit terms of 1/15, n/45. all discounts were taken. purchases were all made f.o.b. shipping point. northwest paid freight charges of $7,500. inventory with an invoice amount of $5,000 was returned for credit. cost of goods sold for the year was $380,000. northwest uses a perpetual inventory system.

Answers

The ending inventory of northwest fur, assuming its uses the gross method to record purchases equals to $167,996.

What is an Inventory?

An inventory means the goods that a business holds for the ultimate resale, product, or utilization.

We are going to calculate Cost of goods sold: The formula is: "Opening Inventory + Purchases - Purchase return - discount availed on purchases + freight paid- Ending inventory"

The discount to be availed on purchases:

= (Purchases- purchase Return) x discount rate

= (430000 - 4900) x 4%

= $17004

So, the cost of goods sold:

= Opening Inventory + Purchases - Purchase return - discount availed on purchases + freight paid- Ending inventory

361000 = 112000 + 430000 + 8900 - 17004 - 4900 - Ending inventory

361000 = 528996 - Ending inventory

Ending inventory = 528996 - 361000

Ending inventory = $167,996

Missing words "what is ending inventory assuming northwest uses the gross method to record purchases?"

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Current liabilities meet the following criteria:
(Select all that apply)
- Are due within one year
- Represent probable future sacrifices of economic benefits
- Are due greater than one year from the balance sheet date
- Arise from past transactions or events
- Are amortized equally each period once put on the books

Answers


They are due within one year from the balance sheet date. For example, accounts payable, which represents money owed to suppliers for goods or services received, is typically due within a year.

They represent probable future sacrifices of economic benefits. This means that there is an expectation of paying or using assets or providing services in the future to settle the liability. For instance, wages payable represents the obligation to pay employees for work already done. They arise from past transactions or events. This means that the liability is the result of a past occurrence. For example, accrued expenses like interest payable accumulate over time.

They are not amortized equally each period once put on the books. Rather, they are typically recorded at their full amount and then gradually reduced over time as they are paid or settled. For example, notes payable are initially recorded at their face value and then gradually reduced as payments are made. To summarize, current liabilities are obligations that are due within one year and represent future sacrifices of economic benefits resulting from past transactions or events. They are not amortized equally each period.

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Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?

A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education

Answers

Answer:

c

Explanation:

C
Highschool students still don’t know what to do after graduation and may lead to debt after

Question 6 of 10
Which of the following companies was involved in energy and
other resource trading?
A. Arthur Andersen
B. Enron
C. WorldCom
D. Adelphia

Answers

Answer:

B

Explanation:

Enron

The fast food industry in South Africa is stable and mature with large and small companies competing on the basis of price, quality, and service. Galito’s and other firms in this industries require a specific approach to strategy development and choice. In light of this statement and the article above, discuss the characteristics and the strategic options and the mistakes Galito’s can make in these markets.

Answers

Galito's, operating in the stable and mature fast food industry in South Africa, needs to differentiate itself, consider strategic options like market segmentation and expansion, and avoid mistakes such as neglecting customer preferences and compromising on quality and service.

The fast food industry in South Africa is described as stable and mature, characterized by intense competition based on price, quality, and service. In this context, Galito's and other companies operating in the industry need to approach strategy development and choice with specific considerations. They should focus on differentiating themselves from competitors through unique offerings, high-quality ingredients, and exceptional customer service.

Strategic options for Galito's include market segmentation, geographical expansion, and investment in technology for enhanced customer experience. However, potential mistakes for Galito's to avoid include failing to adapt to changing consumer preferences and trends, neglecting quality control and customer service standards, and not prioritizing consistent innovation.

By adopting a thoughtful strategic approach, Galito's can navigate the competitive landscape and position itself for success in the South African fast food market.

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When Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress, Christina is participating in the global economy.

Answers

Answer:

True

Explanation:

From the question, We are informed that when Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress,

In this case Christina is participating in the global economy. Global economy can as well be regarded as "world economy" which is an economic system where there is economic activities between different nation and within nations . Economic activities could be in term of production, exchange of financial values as well as consumptions, trading of various goods among nations.

Answer:

i think its true

Explanation:

im sorry if im wrong

Pricing policy not only influences the company's sales and revenues but also reflects the image of the brand. Critically analyse Apple’s pricing policy in this context

Answers

Answer:

Apple's pricing policy has been a topic of much discussion and debate. Some people believe that Apple's products are overpriced, while others believe that the high price is justified by the quality and features of the products.

Explanation: Apple's pricing policy plays a crucial role in shaping its brand image and impacting sales and revenue. Apple adopts a premium pricing strategy, positioning its products as high-end and exclusive. This approach allows Apple to create a perception of quality, innovation, and luxury, appealing to a specific target market willing to pay a premium for its products. By setting higher prices, Apple enhances its brand image, reinforcing the notion that its products are superior and worth the investment. The pricing strategy also helps Apple maintain profit margins and generate substantial revenue. However, this strategy may limit market penetration and affordability for some consumers, potentially leading to a narrower customer base. Nonetheless, Apple's pricing policy has contributed to its strong brand identity and financial success.

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Supply chain integration does not involve __________________ among supply chain members.

Answers

Supply chain integration does not involve competition among supply chain members.

Supply chain integration refers to the coordination and collaboration between different entities involved in the supply chain, such as suppliers, manufacturers, distributors, and retailers. The goal of supply chain integration is to streamline operations, improve efficiency, and enhance overall performance.

One of the key aspects of supply chain integration is the sharing of information and resources among supply chain members. This includes sharing data on inventory levels, production schedules, customer demand, and other relevant information.  

By sharing information, supply chain members can make more informed decisions and work together to meet customer demands effectively.

However, supply chain integration does not involve competition among supply chain members. Instead, it emphasizes cooperation and collaboration.

The focus is on working together to achieve common goals, rather than trying to outperform or outdo one another. This helps to foster trust, build stronger relationships, and create a more efficient and effective supply chain.

Supply chain integration does not involve competition among supply chain members.

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what the tech and media layoffs are really telling us about the economy?

Answers

Answer:

Explanation:

During 2010s, the labor market was weak, and the tech sector was rising. During the coronavirus pandemic, the U.S. economy experienced a flash-freeze depression, and the tech sector was growing.

Today, the U.S. labor market seems, by some measures, quite strong, and yet the tech and media industries are injured.

The  elaboration for this weird moment is that everything in economics these days is an interest-rate story. When interest rates were less, investors valued developed narratives, and tech companies (or companies that called themselves tech companies) had a monopoly on these narratives.

The price-to-earnings ratio of tech companies got out of whack, as investors deploy their faith in companies such as Netflix and Uber and Tesla, which threw off a lot of long-term promises and few short-term profits.

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the question I have is on the sheet​

the question I have is on the sheet

Answers

Answer:

I think it's first one tooo

The uncertainty in the position of a proton confined to the nucleus of an atom is roughly the diameter of the nucleus.If this diameter is 5.3 x 10⁻¹⁵ m, what is the uncertainty in the proton's momentum?

Answers

The uncertainty in the proton's momentum is approximately 1.054 x 10^(-23) kg·m/s. According to the Heisenberg uncertainty principle,

there is a fundamental limit to the precision with which certain pairs of physical properties, such as position and momentum, can be known simultaneously.

The uncertainty principle states that the product of the uncertainties in the position and momentum of a particle must be greater than or equal to a minimum value, known as Planck's constant divided by 4π (h/4π).

In this case, the uncertainty in the position of the proton is given as the diameter of the nucleus, which is 5.3 x 10^(-15) m. Since the uncertainty in position and momentum are related, we can use the uncertainty principle to calculate the uncertainty in the proton's momentum.

By substituting the given values into the uncertainty principle equation, we have:

Δx · Δp ≥ h/4π

Δp ≥ h/4πΔx

Δp ≥ (6.626 x 10^(-34) J·s) / (4π × 5.3 x 10^(-15) m)

Calculating this expression gives us:

Δp ≥ 1.054 x 10^(-23) kg·m/s

Therefore, the uncertainty in the proton's momentum is approximately 1.054 x 10^(-23) kg·m/s.

The uncertainty principle implies that the more precisely we try to determine the position of a particle, the less precisely we can know its momentum, and vice versa.

In this case, the small size of the nucleus (with a diameter of 5.3 x 10^(-15) m) results in a relatively large uncertainty in the proton's momentum.

This uncertainty arises from the wave-like behavior of particles at the atomic and subatomic scale, highlighting the inherent limitations in measuring both position and momentum accurately.

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If chuck earns an additional $40,000 of taxable income, what is his marginal tax rate on this income?

Answers

To determine Chuck's marginal tax rate on an additional $40,000 of taxable income, we need to consider the progressive tax system that applies different tax rates to different income brackets.

The marginal tax rate refers to the tax rate that applies to the last dollar of income earned. As Chuck earns an additional $40,000 of taxable income, we will look at the tax rate that applies to this specific income bracket.

The marginal tax rate varies depending on the tax laws and tax brackets in the specific jurisdiction where Chuck resides. Tax rates can differ between countries and can also change over time due to legislative changes.

To find Chuck's specific marginal tax rate, we would need to refer to the tax rate schedule or tax brackets applicable to his taxable income. These schedules provide the progressive tax rates based on income ranges.

Without specific information on Chuck's tax rate schedule or jurisdiction, it is not possible to provide an accurate numerical value for his marginal tax rate. It is recommended that Chuck consult with a tax professional or refer to the applicable tax laws and tax brackets for his jurisdiction to determine his marginal tax rate on the additional $40,000 of taxable income.

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Which of the following financial statements illustrates the accounting equation? A. Statement of Retained Earnings B. Balance Sheet C. Income Statement D. Statement of Cash Flows

Answers

The financial statement that illustrates the accounting equation is the B) Balance Sheet.

The accounting equation, also known as the fundamental equation of accounting, is Assets = Liabilities + Equity. It represents the relationship between a company's resources (assets), the claims against those resources by creditors (liabilities), and the claims by the owners (equity). The balance sheet is the financial statement that provides a snapshot of a company's financial position at a specific point in time, and it reflects the accounting equation.

The balance sheet presents the company's assets, liabilities, and equity in a structured format. The assets section lists the resources owned or controlled by the company, such as cash, inventory, property, and equipment. The liabilities section represents the company's obligations or debts to external parties, such as loans, accounts payable, and accrued expenses. The equity section shows the owners' claim on the company's assets after deducting liabilities. It includes components like retained earnings, common stock, and additional paid-in capital.

By presenting the assets, liabilities, and equity in a single statement, the balance sheet demonstrates the equality of the accounting equation. The total assets on the balance sheet must equal the sum of liabilities and equity. This balance ensures that the company's resources are financed by either external sources (liabilities) or internal sources (equity).

In summary, the financial statement that illustrates the accounting equation is the Balance Sheet. It provides a comprehensive view of a company's assets, liabilities, and equity, showcasing the relationship between these components and their adherence to the accounting equation.

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You are an American, working for a US hospital. The hospital sells services to a French hospital. Given a depreciation of the Euro, your French subsidiary (the one that receives the revenues from the French Hospital) received a lesser income last year, although a clause in your contract stipulates adjustment payment in US dollars. Therefore, your subsidiary has a balance sheet loss, although your consolidated global result is positive. This type of foreign exchange risk is known as:

Answers

Answer:

translation exposure

Explanation:

Translation exposure is also known as translation risk. In this type of risk, the value of a company's assets, equities, income, or liabilities change due to changes in the exchange rate,

French subsidiary received a lesser income last year, although payment will be adjusted in US dollars as per the contract.

Due to this, the subsidiary has a balance sheet loss, although the consolidated global result is positive.

This type of foreign exchange risk is known as translation exposure.

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