The Fed can completely counteract an Aggregate Demand shock, but, in the face of an aggregate supply shock, the Fed can either prevent a recession or prevent a permanent price increase but not both.
Answers
The statement "The Fed can completely counteract an Aggregate Demand shock, but, in the face of an aggregate supply shock, the Fed can either prevent a recession or prevent a permanent price increase but not both" is false because the Federal Reserve has tools to address both types of shocks and mitigate their impact on the economy.
In the case of an Aggregate Demand shock, where there is a decrease in consumer spending and investment, the Fed can employ expansionary monetary policy. This involves reducing interest rates and increasing the money supply, which stimulates borrowing and spending, thereby boosting aggregate demand and helping to prevent or mitigate a recession.
Similarly, in the case of an aggregate supply shock, such as a sudden increase in oil prices or a natural disaster affecting production, the Fed can respond by implementing contractionary monetary policy. By increasing interest rates, the Fed can reduce spending and manage inflationary pressures resulting from the supply shock, the statement is false.
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The complete question is:
The Fed can completely counteract an Aggregate Demand shock, but, in the face of an aggregate supply shock, the Fed can either prevent a recession or prevent a permanent price increase but not both.
True or False
Related Questions
True/False?higher-level corporate- and business-level strategies flow down to the process strategy.
Answers
Process strategy is the documentation and establishment of the processes that an organization uses to achieve its goals. True, higher-level corporate and business-level strategies flow down to the process strategy.
What does good documentation look like?
Project documentation includes things like project proposals, project plans, business cases, status reports, and so on. The most important rule of good documentation is to make it as inviting as possible. This means we should try to write it in as few words as possible without skipping any steps. We should avoid making assumptions about what our users may know. A simple document is one that is made up of electronic files that are 50 megabytes or less.
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awareness tends to be greatest when firms have highly similar resources and compete in multiple markets.T/F
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The statement is True. When firms have highly similar resources and compete in multiple markets, they are more likely to be aware of each other's actions and strategies.
This is because they are directly competing with each other in multiple markets and may be using similar resources to do so. As a result, they are more likely to closely monitor each other's actions and make adjustments to their own strategies in response.
This high level of awareness can lead to increased competition and potentially better outcomes for consumers as firms strive to differentiate themselves and provide better value.
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reuben borrwed 8000 at a rate of 15% compounded monthly. assuming he makes no payments how much will he owe after 9 years
Answers
In the given statement, after 9 years with no payments, Reuben would owe a total of $23,905.63.
To answer your question, we need to use the compound interest formula:
A = P (1 + r/n)^(nt)
where A is the total amount owed after the given time, P is the initial amount borrowed, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time period in years.
In this case, Reuben borrowed $8,000 at a rate of 15% compounded monthly, which means n = 12 and r = 0.15/12 = 0.0125. We need to find the amount owed after 9 years, so t = 9.
Plugging in these values, we get:
A = 8000 (1 + 0.0125/12)^(12*9) = $23,905.63
It's important to note that this is the total amount owed, including both the principal and the interest accumulated over the 9-year period. If Reuben were to make regular payments during this time, the amount owed would be less.
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What is the meaning of cash in the balance sheet?
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Answer:
The cash balance reported on a balance sheet is the cash in your bank adjusted for payments and receipts that have not yet cleared. For example, writen but not cashed cheques, or recieved but not yet deposited cheques.
Explanation:
How can the concept of opportunity cost affect your decisions when making financial plans?
Answers
Answer:
Opportunity cost is the potential benefit or gain that must be given up in order to pursue a certain action or decision. In the context of financial planning, opportunity cost can play a significant role in determining the best course of action.
When making financial plans, individuals must consider the opportunity cost of each decision they make. For example, if someone decides to invest their money in a particular stock, they must consider the opportunity cost of not investing in a different stock or asset that may have a higher potential return. Similarly, if someone decides to save money by cutting back on their spending, they must consider the opportunity cost of not being able to enjoy the things they are giving up.
Opportunity cost can also affect decisions related to debt and credit. For example, if an individual takes out a loan with a low interest rate, they must consider the opportunity cost of not being able to invest or save that money for other financial goals, such as retirement or buying a house.
Opportunity cost can also affect decisions related to time and effort, such as taking a higher paying job that requires more time and effort, or starting a business which is time-consuming and risky but can have high potential returns.
under gaap, assets are generally carried on a firm's balance sheet at blank______.
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Under Generally Accepted Accounting Principles (GAAP), assets are generally carried on a firm's balance sheet at their historical cost. This means that the initial acquisition cost of an asset is recorded on the balance sheet and serves as its basis for subsequent accounting and reporting.
However, there are certain circumstances where assets may be carried at a different value, such as fair value or net realizable value, depending on specific accounting standards and requirements.
GAAP is a set of accounting principles and standards used in the United States to ensure consistency and comparability in financial reporting. One of the fundamental principles in GAAP is the concept of historical cost, which states that assets should be initially recorded on the balance sheet at their original cost. Historical cost represents the actual amount paid or the fair value of the consideration given to acquire the asset.
This approach to valuing assets provides a reliable and verifiable basis for financial reporting. It ensures that the financial statements reflect the actual resources invested in acquiring the assets and promotes consistency in reporting across different companies and industries. By recording assets at historical cost, GAAP aims to provide users of financial statements with relevant and reliable information for decision-making purposes.
However, it's important to note that there are instances where assets may be carried at a value other than historical cost. Certain assets, such as marketable securities or certain financial instruments, may be valued at fair value, which represents their current market price. Additionally, certain assets may be recorded at a value that is lower than historical cost, such as inventory recorded at net realizable value or impaired assets. These exceptions are based on specific accounting standards and guidelines that address the appropriate valuation of certain assets under different circumstances.
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What is the elasticity of an upward sloping demand curve?
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The elasticity of a product is less in an upward-sloping demand curve.
The slope of a product's demand curve is affected by elasticity. An upward slope indicates a steeper demand curve and a less elastic product. Out of curves with different slopes, the one which has a flatter demand curve indicates a greater quantity demanded a response to a change in price, which makes it more elastic. Inelastic products are those which have low price elasticity.
Generally, non-staple products have high price elasticity. An important factor that affects demand elasticity is the availability of substitute goods that are close to the product being considered.
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Elasticity measures the responsiveness of quantity demanded to changes in price. When the demand curve slopes upward, it implies that as price increases, quantity demanded also increases. In this case, the elasticity of demand is greater than zero but less than infinity.
To determine the precise elasticity at a particular point on the upward sloping demand curve, we need to consider the price and quantity values. The formula for price elasticity of demand is:
Elasticity = (% change in quantity demanded) / (% change in price)
If the percentage change in quantity demanded is greater than the percentage change in price, the elasticity will be greater than one, indicating elastic demand. This means that a small change in price will lead to a proportionally larger change in quantity demanded.
On the other hand, if the percentage change in quantity demanded is smaller than the percentage change in price, the elasticity will be less than one, indicating inelastic demand. In this case, a change in price will have a relatively smaller impact on the quantity demanded.
In summary, the elasticity of an upward sloping demand curve is positive, but the specific value of elasticity depends on the price and quantity values at a given point on the curve.
In March 2012, the state of California started requiring that all packaging for food and drink with the additive 4-methylimidazole (4-MI) be clearly labeled with a cancer warning. Because of this, both Pepsi and Coke changed their formulas to eliminate 4-MI as an ingredient. If Pepsi and Coke did NOT change their formulas, holding all else constant, what do you think would have happened to the demand for these goods, assuming Pepsi and Coke were in a competitive market?
Answers
Answer:
Option E.
Explanation:
In case when Pepsi and Coke did not modify its formulas and keeping other things constant the demand for these goods is shifted to left as the price of the products would decline due to which the profit for both companies would fall
Moreover, the fall in demand is not due to an increase in price but it has harmful chemicals which shifted the demand curve to the left
hence, the correct option is E.
what is a business plan
Answers
Answer:
a document setting out a business's future objectives and strategies for achieving them
Explanation:
True or False? Everyone needs to save some money for retirement, so it doesn't matter at what age you start to save.
True
O a
False
Ob
Answers
"Everyone needs to save some money for retirement, so it doesn't matter at what age you start to save."
True
Answer:
true (a)
Explanation:
Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
Answers
Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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When a loan is repaid to a bank there are __________ funds available in the M1 money supply.morestill the same amount offewernone of the above
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When a loan is repaid to a bank, there are- C. fewer funds available in the M1 money supply.
What is the reason?This is because M1 money supply is defined as the total amount of currency in circulation, checking account deposits, and traveler's checks, and a loan repayment reduces the amount of checking account deposits in the system.
As the bank receives the repayment, it reduces the balance in the borrower's account, effectively removing money from the M1 money supply.
This reduction in available funds in the M1 money supply can have an impact on the economy by reducing the amount of money available for spending and investment, which can lead to slower economic growth.
Hence, option c. is correct.
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Identify the services or programs to be included in the cost and profitability analysis.
Examine the costs listed in Table 2.
Identify the direct costs associated with each service or program.
Which costs would be organization-sustaining costs? Provide an argument for or against assigning these costs to
services or programs.
Identify the broad activity categories and create cost pools by assigning the costs from Table 2 to the pools.
Identify the cost drivers that have a causal relationship to the activity cost pools created in Question 3.
Calculate the activity or cost-driver rates for each cost pool. Note: You should develop rates that will allocate costs to
ACDCprogramsand/ortenantsonly.Youshould notallocateanycostsbacktogeneraladministration.
Using the services or programs identified in Question 1, determine service or program revenues, assign the costs to the service or programs, and calculate service or
programprofitabilityAspreadsheetmaybehelpfulwith this task.
Based upon your calculations in Question 6, which services or programs are operating successfully? What appears to be the determining factor in whether the service or program is profitable?
Discuss at least three alternatives for improving the overall profitability of the daycare facility
Answers
There are regular programs, such as infant care, preschool, and after-school care, as well as any special programs, such as summer camp or music lessons.
How to explain the informationThis table lists the various costs associated with running a daycare facility, such as staff salaries, food costs, and rent.
Direct costs are those that can be easily traced to a specific service or program. For example, the cost of food is a direct cost of the preschool program.
Organization-sustaining costs are those that cannot be easily traced to a specific service or program. For example, the cost of the daycare facility's general administration is an organization-sustaining cost.
One argument in favor of doing so is that it provides a more accurate picture of the profitability of each service or program. Another argument in favor is that it allows the daycare facility to make more informed decisions about which services or programs to offer. One argument against doing so is that it can be difficult to allocate these costs fairly. Another argument against is that it can make the profitability of some services or programs appear to be lower than they actually are.
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moving a product from development to production is referred to as
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Hope it helps!
Brainliest would be nice but don’t got to :)
a financial plan is most influenced by
Answers
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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Many Americans oppose what kind of policy because they fear it will mean in practice, illegal quotas, preferential treatment of African Americans and women, and even reverse discrimination against white men?
Answers
what is the discount rate?
the rate customers of savings banks get for borrowing money
a special rate that member banks of the federal reserve get for their financial operations
the amount that a bank must subtract for its reserves
the rate the fed charges for loans to commercial banks
Answers
Answer: The rate the Fed charges for loans to commercial banks
Explanation: For Gradpoint users. Good luck, you got this :)
Drag each resources to the correct location on the table let’s say you just bought a new cell phone. Listed here are sone of the many resources that went into producing that phone. Categorize the recourses according to factors of reproduction?
Answers
Categorizing resources according to factors of reproduction provides insights into the diverse inputs required for cell phone production, highlighting the interdependence of natural, human, and capital resources in the manufacturing process.
Categorizing the resources that went into producing a new cell phone according to factors of reproduction involves identifying the various inputs involved in its production and classifying them accordingly. The factors of reproduction typically include natural resources, human resources, and capital resources.
Natural resources:
Minerals: These include rare earth metals like lithium, cobalt, and tantalum used in the production of batteries and electronic components.
Fossil Fuels: Oil, natural gas, and coal are utilized in energy-intensive processes involved in manufacturing and transportation.
Human resources:
Labor: Skilled and unskilled workers involved in designing, engineering, assembling, and quality control processes.
Knowledge: Intellectual property, patents, and research and development efforts that contribute to technological advancements.
Capital resources:
Machinery and Equipment: Production machinery, robotics, assembly lines, and testing equipment used in manufacturing facilities.
Infrastructure: Factories, transportation networks, communication systems, and power grids necessary for production and distribution.
It is important to note that this is not an exhaustive list, as the resources involved in cell phone production are diverse and may vary based on the specific components and technologies used. Additionally, the categorization may overlap in some cases. For instance, skilled labor can be considered both a human resource and a capital resource when specialized tools or equipment are required.
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The tax burden falls more heavily on the side of the market that is elastic.
a. True
b. False
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The given statement "The tax burden falls more heavily on the side of the market that is elastic." The given statement is False. Because If demand is more elastic than supply, producers will bear the cost of the tax.
What Is a Tax Incidence ?"Tax incidence" (or incidence of tax) is an economic term for understanding the division of a tax burden between stakeholders, such as buyers and sellers or producers and consumers. Tax incidence can also be related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax.
For a demand to be inelastic, the demand must be insensitive to price. This means that an increase in price will lead to a negligible (little change or no change) decrease in demand. Example of the goods here is good considered as necessity.
When a good is taxed, the burden of the tax falls more heavily on the side of the market that is more inelastic because this people don't have choice than to buy the product. The product here is usually a necessity. The burden comes in the form of an increase in price.
The statement is FALSE.
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20 POINTS!! HELP QUICK PLEASE!!
Type the correct answer in the box. Spell all words correctly.
Which accounting principle is adopted to make adjustments to the trial balance so that the debit and the credit side balances?
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is _______ basis of accounting.
Answers
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is the double-entry basis of accounting.
Accounting principles are considered to be the rules and guidelines which the companies and other bodies must follow while reporting any financial data within an organization. Here, a company's transactions are recorded in a general ledger and later it is summed to be included in a trial balance.
A double-entry is a basis of accounting which is thus based on a simple principle, that for every debit must have equal and opposite credit. Which means that there should be at least two accounts involved in any transaction.
Hence, the double-entry is based on the debit and credit accounts of the done transaction.
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Enter text- Apply A text Effect
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Explain how commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship
Answers
Commitment to a decision means taking a decision to attain a goal until it is achieved. Without this trait, a school leaver will not be able to adapt to entrepreneurship because it takes commitment to achieve entrepreneurship goals.
What is Entrepreneurship?This refers to the process of creating value using any or all of the factors of production.
The factor of production are:
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The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?
Answers
Answer:
Explanation:
In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.
A private limited company failed. It owed £60,000 in debt. Simon had
£10,000 invested in the company and he had personal assets worth
£100,000. How much could he lose because the company failed? Use
whole numbers only. No pound signs or commas.
Answers
Answer:
£10,000
Explanation:
Simon is a shareholder in a private limited company. As a shareholder, he enjoys limited liabilities to the debts of the company. Limited liabilities means that his obligations to the debts of the business are limited to the amount of capital invested. Should the company fail in meeting its obligations, Simon's liabilities to the company will be a maximum of $10,000, which is the amount he invested.
The limited liabilities feature protects shareholders and investors in private limited companies and corporations from losing more than their contributed capital in case a business fails. Simon's personal assets of $100,000 will not feature in any way.
Janis owns a hair salon. This week, she made a flyer that offered new customers a 10 percent discount and posted it prominently on the salon’s front door. What aspect of marketing BEST describes the discount Janis is offering? (
1 point) Responses
a.) a promotion
b.) an advertisement
c.) public relations message
D.) a referral program
Answers
The part of marketing that BEST characterises the deal Janis is providing is a promotion.(option a)
How would you define marketing?Marketing refers to the act of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services, which may also involve choosing a target audience.
To generate interest in a company's goods or services, marketing's primary goal is to attract customers. This is accomplished by market research, analysis, and consideration of a company's ideal clients' interests, as well as by luring them in with messaging that would be instructive and beneficial to the target market.
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Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and
services. In this case, gold is functioning as an) (1 point)
Answers
The willingness of others to accept gold as a valid payment for goods and services made gold a medium of exchange. In other words, gold was used to facilitate commercial exchanges when these became more developed.
Money has changed and developed over time, it has always been used to make business practices more simplified and standardized.
Some examples of the use of a medium of exchange were salt, which was a rare mineral that was offered in trade, hence the word salary.
Therefore, gold began to be used as a means of exchange from the need to use coins with greater durability.
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A company has received a special order from a customer to make 5,000 units of a customized product. The direct materials cost per unit of the customized product is 15 , the direct labor cost per unit is 5 , and the manufacturing overhead per unit is 18 , including 6 of variable manufacturing overhead. If the company has sufficient available manufacturing capacity, what is the minimum price that can be accepted for the special order.a. 24 b. 26 c. 32 d. 38
Answers
A company has received a special order from a customer to make 5,000 units of a customized product. The direct materials cost per unit of the customized product is $15 , the direct labor cost per unit is $5 , and the manufacturing overhead per unit is $18 , including $6 of variable manufacturing overhead. If the company has sufficient available manufacturing capacity, the minimum price that can be accepted for the special order is $26. So, the correct option is b.
The increment cost per unit for the special order is calculated as:
Direct Material = $15.00
Direct Labor = $5.00
Variable Factory Overhead = $6.00
Incremental cost per unit = Direct Material + Direct Labor + Variable Factory Overhead
i.e. $15.00 + $5.00+$6.00
= $26.00
The incremental cost per unit is $26, which should be the minimum price that can be accepted for the special order. Therefore, the correct option is b.
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__________is the name for the doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because the product's defective condition made it unreasonably dangerous, even though the manufacturer has not been negligent in permitting that defect to occur.
Answers
Answer:
Product liability
Barbara found a 1099-Int from her bank while spring cleaning. She knew right away that she did not give this to her accountant for her tax preparation. What can she expect from the IRS?
Answers
Answer:
In simple words, A 1099-INT tax return is proof that you were paid interest by someone – a bank or another company. A 1099-INT is sent if you received more than $10 in interests from a bank, stockbroker, or other commercial organization Your bank may have sent you this tax form because it paid your income on your funds.
What are some factors that would influence supply? Explain
Answers
Answer:
6 Factors Affecting the Supply of a Commodity (Individual Supply) |
Price of the given Commodity: ADVERTISEMENTS: ...
Prices of Other Goods: ...
Prices of Factors of Production (inputs): ...
State of Technology: ...
Government Policy (Taxation Policy): ...
Goals / Objectives of the firm:
Explanation:
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