Economists use the model of aggregate supply and aggregate demand (AS-AD model) to explain short run fluctuations of GDP around its long run trend.
i) In the context of the AS-AD model, explain which curve(s) the following events would shift, which way, and why:
a. The government increases income tax in their budget
b. An improvement in existing technology
c. There is a change in expectations and firms expect the price level to be higher in the future
d. Consumers sentiment changes and they feel more pessimistic about the economy
e. The central bank engages in open market operations and buys bonds from the public.
Answers
The AS-AD model helps economists to analyze short-term fluctuations of GDP around its long-run trend. In this context, a change in any of the factors affecting either the aggregate demand (AD) or the aggregate supply (AS) curves will result in a shift of either of the curves leading to changes in the economy. Below are the events and the effect of each event on the AD and AS curves:
a. The government increases income tax in their budgetWhen the government increases the income tax in their budget, the disposable income of individuals declines, reducing the overall demand in the economy. Therefore, the aggregate demand curve shifts leftward (decreases) due to lower consumption, and thus the economy will move towards equilibrium at a lower output level.
b. An improvement in existing technologyWhen there is an improvement in existing technology, the aggregate supply curve shifts rightward (increases), as the firms can now produce the same amount of output at a lower cost. Therefore, the output level increases while prices remain constant, leading to a higher equilibrium output and lower equilibrium price.
c. There is a change in expectations and firms expect the price level to be higher in the futureWhen there is a change in expectations, such as firms expect that the price level will be higher in the future, the firms will raise their prices to prepare for higher costs, thus increasing the production costs. Therefore, the aggregate supply curve shifts leftward (decreases), leading to a higher equilibrium price level and lower output.
d. Consumers sentiment changes and they feel more pessimistic about the economy When consumers feel pessimistic about the economy, they will be reluctant to spend, and thus the aggregate demand curve will shift leftward (decreases), leading to a lower output level and a lower equilibrium price level.
e. The central bank engages in open market operations and buys bonds from the public When the central bank engages in open market operations and buys bonds from the public, the money supply in the economy increases. Therefore, the aggregate demand curve shifts rightward (increases), as consumers and firms will have more disposable income to spend. This will lead to a higher equilibrium price level and higher output level.
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Related Questions
________ is a technique used to predict future outcomes based on historical data and analytics techniques.
Answers
Answer:
predictive analytic
Explanation:
predictive analytic is the use of data and machine learning techniques to identify future outcomes based on historical data.
Give an in-depth example of a Market System.
Answers
A market system is an economic system that relies on the private ownership of goods and services, in which production, consumption, and resource allocation decisions are driven by the market forces of supply and demand.
An example of a market system can be seen in the technology industry, specifically with smartphones. Companies like Apple, Samsung, compete to produce the best smartphones with advanced features. The market is driven by consumer demand, which is determined by a variety of factors such as brand loyalty, price sensitivity, and the quality of features.
These companies allocate resources by investing significant amounts of money into research, development, and marketing campaigns to attract consumers. The suppliers of raw materials such as silicon, glass, and plastics benefit from the market by providing necessary components to the smartphone manufacturers.
Consumers have the freedom to choose from a variety of options based on their preferences and budget constraints, which results in a constant evolution of features and innovation within the industry. The market also determines the price of smartphones, which can fluctuate based on supply and demand. Overall, the market system in the smartphone industry allows for a dynamic and competitive ecosystem that benefits both producers and consumers.
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when manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production, as a way to get rid of excess product, it is called blank
Answers
When manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production, as a way to get rid of excess product, it is called dumping.
In the world of finance, "dumping" happens when a company or a nation sells its goods abroad at a cheaper price than it does at home. Exporters cut corners in order to compete with the sellers and producers in the importing nation.
Consumers in the importing nation can acquire items at reasonable prices thanks to dumping. The importing nation's local market could be destroyed as a result, leading to job losses and business closures.
By imposing duties and taxes on trading partners, the WTO and the EU control dumping. The existence of dumping must be established with sufficient evidence.
In the exporter's home market, dumping occurs. If a product can be sold for more money abroad, the business can charge less domestically.
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Frequently purchased, relatively low-cost products for which customers have little interest in seeking new information and rely heavily on prior purchase behavior are called ________ goods.
Select one:
a. convenience
b. shopping
c. unsought
d. specialty
e. consenting
Answers
The correct answer is "a. convenience." Convenience goods are frequently purchased, relatively low-cost products that customers buy out of habit or convenience.
These are everyday items that consumers regularly purchase without much thought or effort. Customers have little interest in seeking new information about these goods and often rely on their prior purchase behavior or brand loyalty when making buying decisions.
Convenience goods are typically widely available and can be found in many retail locations, such as grocery stores, convenience stores, and online platforms.
Examples of convenience goods include household items like toiletries, snacks, beverages, and basic grocery items. Marketers often target convenience goods by ensuring their products are easily accessible, recognizable, and competitively priced to encourage repeat purchases.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Do you think you should use a zero-based budgeting system? Explain why or why not.
Answers
metropolitan symphony sells 200 season tickets for $100,000 that represents a five concert season. the amount of unearned ticket revenue after the second concert is $40,000. a. true b. false
Answers
The statement is true: The amount of unearned ticket revenue after the second concert is $40,000.
Unearned ticket revenue represents the portion of ticket sales that has not yet been earned by the symphony because the concerts for which the tickets are sold have not taken place yet. The unearned ticket revenue is recognized as revenue gradually over the course of the concert season as each concert is performed.
In this case, the Metropolitan Symphony sells 200 season tickets for $100,000, representing a five-concert season. After the second concert, the amount of unearned ticket revenue is stated as $40,000. This means that $40,000 worth of ticket sales revenue from those 200 season tickets has not yet been earned as only two out of the five concerts have taken place.
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The statement is false. The amount of unearned ticket revenue after the second concert cannot be determined solely based on the information provided.
Revenue refers to the total income generated by a business or organization through its primary activities, such as sales of goods or services. It is a crucial financial metric that indicates the financial performance and growth of a company over a specific period. Revenue is typically calculated by multiplying the quantity of goods or services sold by their respective prices. It represents the inflow of money into the company before deducting expenses, taxes, and other costs.
Revenue is categorized into different streams, such as product sales, service fees, licensing fees, advertising revenue, and more, depending on the nature of the business. High revenue generally suggests a healthy and profitable business, while low or declining revenue can indicate financial challenges. Analyzing revenue patterns helps businesses make informed decisions, evaluate profitability, and plan for future growth and investments.
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Video game designers can do visual design or programming.
A.
True
B.
False
Answers
The ever-present need to manage demand successfully is why supply chain mangers have moved from being _______________ to being _________________.
Answers
The ever-present need to manage demand successfully is why supply chain managers have moved from being reactive to being proactive.
Traditionally, supply chain managers have taken a reactive approach to managing demand. They would respond to changes in customer demand or market conditions after they occur, which often led to inefficiencies and disruptions in the supply chain.
However, with the increasing complexity and volatility of markets, supply chain managers have recognized the importance of being proactive in managing demand. This means taking preemptive actions to anticipate and shape demand, rather than just reacting to it. Proactive supply chain management involves using data analytics, forecasting techniques, market insights, and collaboration with partners to better understand customer demand patterns and trends.
By being proactive, supply chain managers can align their operations, inventory levels, production schedules, and logistics to meet anticipated demand more effectively. They can also develop strategies to mitigate risks, optimize resource allocation, and improve customer satisfaction. Overall, being proactive in managing demand helps supply chain managers to better anticipate and respond to market dynamics, enhance efficiency, and drive overall supply chain performance.
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Give me a title and lyrics, and i'll put them into a song :)
Song has to be about Solby Golbrock or Larry Stylinson. lol..
Answers
Verse 1:
Solby Golbrock, you light up my day
Your energy's contagious, it's hard to look away
With your smile so bright, you make everything okay
I'm grateful for your presence, I hope you know it's here to stay
Chorus:
Two hearts that beat as one
Together we'll never come undone
Solby Golbrock and Larry Stylinson
Our love is real, we'll never be done
Verse 2:
Larry Stylinson, your love is pure
With your kindness and compassion, you're the perfect cure
For all the negativity that life can throw our way
You make me feel so alive, I hope you always stay
Chorus:
Two hearts that beat as one
Together we'll never come undone
Solby Golbrock and Larry Stylinson
Our love is real, we'll never be done
Bridge:
In a world that can be so cold
Our love is a story that will never grow old
Solby Golbrock and Larry Stylinson
Together forever, our love will never be done
Chorus:
Two hearts that beat as one
Together we'll never come undone
Solby Golbrock and Larry Stylinson
Our love is real, we'll never be done.
A business goes to the trouble and expense of segmenting its markets when it expects that this extra effort will
Answers
When a business extra effort is expected to increase profit, they will incur an expense of segmenting its markets.
What is market segmentation?A market segmentation refers to segregating market into element that includes age, gender, occupation, income etc
In conclusion, when the business extra effort is expected to increase profit, they will incur an expense of segmenting its markets.
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When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answers
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
which of the following individuals is permitted to present a short introductory presentation of educational content at the beginning of an informal marketing/sales event?
Answers
Based on Medicare and Medicaid services, the individual permitted to present a short introductory presentation of educational content at the beginning of an informal marketing/sales event is a Medicare Agent.
A medicare agent is responsible for conducting a short introduction of informal marketing or sales events.
This short introduction may include educational content about Medicare requirements, insurance, etc.
Hence, in this case, it is concluded that a medicare agent takes an active role in the marketing/sales event.
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You are the coding supervisor and you notice a potential discrepancy in a productivity report from one of your coders. You remind all of the coders about the importance of accuracy with these reports. One of the coders thinks she may have accidentally combined 2 days into one of her daily productivity reports and she must decide if she should admit her potential mistake or just let it go because one day’s productivity reporting really doesn’t make a difference. This is an example of ______.
Answers
Answer:
laziness.
Explanation:
PLZ HELP MEEEEEEEEEE
Answers
Answer:
D
Explanation:
Examine the supply and demand schedules for cell phones. How much would
a seller charge if he or she wanted to sell cell phones for their equilibrium
price
Answers
Answer: $400
Explanation:
ASAP!!!!!!!! Would give a lot of points!!!!!
Assume that the output gap is estimated to be $156 billion and the government decides to take action. If the marginal propensity to consume is 0.75, by how much would it need to change government spending to close the gap? Show your work.
Answers
Answer:
$39 billion
Explanation:
Given marginal propensity to consume is 0.75,
the Spending Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4
To close a gap of $156 billion, the government needs to change spending by $156 / Spending Multiplier
= $156 /4
= $39 billion
which stakeholder group(s) can exercise legal power?
Answers
Customers, employees, shareholders are stakeholder group(s) that can exercise the legal power.
In general , the primary stakeholders in the closed association are its investors, employees, customers, and suppliers. Also , the stakeholders having the highest degree of power and interest are the one with more influence over objectives. Stakeholder's holds immense power and have the ability to influence objectives like how much they can and how much they hold. Thus , company's employees, managers and board of directors make the internal stakeholders.
While , Customers are the people who purchase products and use the companies service. They are the people who decide if the business will be a successful or not.
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Which of the following is an example of the ethical issue of gift-giving in the
health care industry?
Answers
Answer:
Patient Privacy and Confidentiality. The protection of private patient information is one of the most important ethical and legal issues in the field of healthcare. ...
Transmission of Diseases. ...
Relationships. ...
End-of-Life Issues
etc.
Answer:
A doctor prescribes medication to patients after the pharmaceutical company present tickets to a basketball game to the doctor.
Explanation:
good luck with your homework <3
Why is the self and social awareness skill important and how can it help to prepare you for automation, in bussiness mangement
Answers
Employees that are aware of themselves know when, how, and where they work most effectively.
They can better handle deadlines and projects since they are also more aware of the circumstances around them. Self-aware personnel are aware of their preferred working styles and know exactly what type of environment and tools they require to be successful. For distant teams, when the manager is unable to monitor the advancement of several tasks, this is essential.
Understanding your own emotions and the feelings of people around you can help you behave correctly in social situations. This is the emphasis of self-awareness and emotional intelligence. A high degree of consciousness frequently serves as the foundation for the routines and habits we need to establish if we want to be more productive, interact better, become more successful, and maybe even be happier.
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How does the creation of a secondary market in mortgages help to promote home ownership? A. By allowing banks to offer a lower interest rate than if they held the loan themselves.
B. By allowing banks to transfer the risk of holding a loan to firms that have economies of scale in risk assessment.
C. By allowing banks to offer non-securitized loans to high-risk borrowers.
D. A and B only.
E. All of the above.
Answers
The creation of a secondary market in mortgages helps to promote home ownership in a few different ways. First, it allows banks to offer a lower interest rate than if they held the loan themselves.
Here, correct answer will be D. A and B only.
This is because banks can transfer the risk of holding a loan to firms that have economies of scale in risk assessment, such as mortgage-backed securities firms.
Additionally, the secondary market allows banks to offer non-securitized loans to high-risk borrowers, which further helps promote home ownership. In conclusion, the creation of a secondary market in mortgages helps to promote home ownership by allowing banks to offer lower interest rates, transfer the risk of holding a loan, and offer non-securitized loans to high-risk borrowers.
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which anser can be defined as an investment centers contribution margin less the fixed costs and the tracable to the investment centrir
Answers
The answer you are looking for is "profitability of an investment center." The profitability of an investment center can be calculated by subtracting the fixed costs and the costs directly traceable to the investment center from its contribution margin.
An investment center is a part of a company that generates revenue and incurs costs. It is responsible for making investment decisions and generating profits for the company. The contribution margin is the amount of revenue left over after deducting variable costs.
To calculate the profitability of an investment center, you need to subtract the fixed costs and the costs directly traceable to the investment center from its contribution margin. Fixed costs are those that do not vary with the level of production or sales, such as rent or salaries. Costs directly traceable to the investment center are expenses that can be directly attributed to it, such as the cost of raw materials or labor.
By subtracting these costs from the contribution margin, you can determine the amount of profit generated by the investment center. This information can be used to evaluate the performance of the investment center and make decisions about future investments.
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Bonita Company began the year with owner's equity of $29500. During the year, Bonita received additional owner investments of $41000, recorded expenses of $144000, and had owner drawings $7600. If Bonita’s ending owner's equity was $121000, what was the company’s revenue for the year?
Answers
If, Bonita’s ending owner's equity was $121000. Then, the company's revenue for the year was $194,500.
We can use the accounting equation to solve this problem;
Assets = Liabilities + Owner's Equity
We know that the beginning owner's equity was $29,500 and that the owner made additional investments of $41,000 during the year. Therefore, the initial owner's equity was;
$29,500 + $41,000 = $70,500
We also know that the owner made $7,600 in drawings during the year, which reduces the owner's equity. Therefore, the total decrease in owner's equity from expenses and drawings was;
$121,000 - $70,500 = $50,500
Now we can calculate the revenue by adding the expenses to the decrease in owner's equity;
Revenue = Expenses + Decrease in Owner's Equity
Revenue = $144,000 + $50,500
Revenue = $194,500
Therefore, the company's revenue for the year was $194,500.
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You have hired 10 new temporary workers who will be with the company for three months. You want to make sure that the user accounts cannot be used for login after that time period. What should you do?.
Answers
In other to ensure that the user accounts cannot login after that time period, the system operator should configure an account expiration in the user accounts.
What is account expiration in the user accounts?The term "account expiration" is used in computer when an automation is being set to disable some specific users after the time lapsed.
In conclusion, the system operator should configure an account expiration in the user accounts to ensure that the user accounts cannot login after that time period
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Which of the following are examples of what can function as the first stage in rational decision making by managers?
Poor product quality
Sales shortfalls
Customer complaints
Answers
The examples of what can function as the first stage in rational decision making by managers include: sales shortfalls and customer complaints. The correct option is B and C.
In the first stage, managers need to identify and define the problem or issue. Sales shortfalls indicate a decline in revenue, which may signal a need for a new strategy or improvements in marketing or product offerings.
Customer complaints can provide valuable insights into areas where a business may need to make changes to improve customer satisfaction or resolve issues.
By addressing these concerns, managers can make informed decisions to improve the overall performance and success of the business.
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In general, how do federal laws protect employee benefits?
Answers
Answer: They make sure employees get fair pay.
Explanation: Brainliest please
3. You plan to retire 25 years later. What equal amount of money would you need to deposit in the same account at the end of every year for the next 25 years in order to accumulate $2 Million at the instant the 25th deposit is made? Assume the bank pays interest at the rate of 5% per year. 4. What equal sums of money should you invest in a bank at the end of every year for the next 10 years in order to accumulate $50,000 at the end of 10 years, that is, just when the 10 th deposit is made? Assume the bank pays interest at the rate of 12% per year compounded weekly.
Answers
To accumulate $50,000 at the end of 10 years, you would need to invest approximately $3,140.44 at the end of each year.
To calculate the equal amount of money needed to deposit in the bank for both scenarios, we can use the formula for the future value of an ordinary annuity:
Future Value = Payment × \(\left(1 + \text{{interest rate}}\right)^{\text{{number of periods}}} - 1\) ÷ interest rate
Let's calculate the amounts needed for each scenario:
Retirement Savings:
Future Value = $2,000,000
Interest Rate = 5% per year
Number of Periods = 25 years
Using the formula, we can calculate the equal amount needed to deposit each year:
$2,000,000 = Payment ×\([(1 + 0.05)^2^5 - 1]\) ÷ 0.05
Solving for Payment, we find:
Payment = $2,000,000 × 0.05 ÷ \([(1.05)^2^5 - 1]\)
Payment ≈ $40,678.91 (rounded to the nearest cent)
Therefore, to accumulate $2 million at the end of 25 years, you would need to deposit approximately $40,678.91 at the end of each year.
Investment for Accumulating $50,000:
Future Value = $50,000
Interest Rate = 12% per year (compounded weekly)
Number of Periods = 10 years
Using the formula, we can calculate the equal amount needed to invest each year:
$50,000 = Payment × \([(1 + 0.12/52)^(^5^2^*^1^0^) - 1]\) ÷ (0.12/52)
Solving for Payment, we find:
Payment = $50,000 × (0.12÷52) ÷ \([(1 + 0.12/52)^(^5^2^*^1^0^) - 1]\)
Payment ≈ $3,140.44 (rounded to the nearest cent)
Therefore, to accumulate $50,000 at the end of 10 years, you would need to invest approximately $3,140.44 at the end of each year.
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As a financial analyst at Wells Fargo, you are analyzing how the change in yield impacts the bond price. A bond has a duration of 11 years, a yield of 10%, a convexity of 140, and a market price of $1,000, Suppose the market yield increases by 60 basis points What is the percentage change in the bond's price by the duration only formula? What is the bond price after the yield change predicted by the duration only formula? What is the percentage change in the bond's price predicted by the duration with convexity formula? What is the bond price after the yield change predicted by the duration with convexity formula? (sample answer: 2:25% or -2.25%) (sample answer: $1050.65) (sample answer: 2.25% or 2.25%) (sample answer: $1050.65)
Answers
A. The percentage change in the bond's price predicted by the duration-only formula is -6.6%. B. The bond price after the yield change predicted by the duration-only formula is $933.40.
C. The percentage change in the bond's price predicted by the duration with convexity formula is approximately -6.5496%. D. the bond price after the yield change predicted by the duration with convexity formula is approximately $934.50.
How did we get the values?A. To calculate the percentage change in the bond's price using the duration-only formula, use the following formula:
Percentage change in price = -Duration × Change in yield
Given:
Duration = 11 years
Change in yield = 60 basis points = 0.6%
Using the formula, the percentage change in price by the duration-only formula is:
Percentage change in price = -11 × 0.6% = -6.6%
So, the percentage change in the bond's price predicted by the duration-only formula is -6.6%.
B. To calculate the bond price after the yield change predicted by the duration-only formula, use the following formula:
New bond price = Current bond price × (1 + Percentage change in price)
Given:
Current bond price = $1,000
Using the formula, the bond price after the yield change predicted by the duration-only formula is:
New bond price = $1,000 × (1 + (-6.6%)) = $933.40
Therefore, the bond price after the yield change predicted by the duration-only formula is $933.40.
C. To calculate the percentage change in the bond's price predicted by the duration with convexity formula, use the following formula:
Percentage change in price = -Duration × Change in yield + 0.5 × Convexity × (Change in yield)^2
Given:
Convexity = 140
Using the formula, the percentage change in price predicted by the duration with convexity formula is:
Percentage change in price = -11 × 0.6% + 0.5 × 140 × (0.6%)^2 = -6.6% + 0.0504% = -6.5496%
So, the percentage change in the bond's price predicted by the duration with convexity formula is approximately -6.5496%.
D. To calculate the bond price after the yield change predicted by the duration with convexity formula, use the following formula:
New bond price = Current bond price × (1 + Percentage change in price)
Given:
Current bond price = $1,000
Using the formula, the bond price after the yield change predicted by the duration with convexity formula is:
New bond price = $1,000 × (1 + (-6.5496%)) = $934.50
Therefore, the bond price after the yield change predicted by the duration with convexity formula is approximately $934.50.
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samuelson's has a debt–equity ratio of 31 percent, sales of $12,500, net income of $1,000, and total debt of $5,200. what is the return on equity?
Answers
The return on equity for Samuelson's is 5.96%.
To calculate the return on equity (ROE), we first need to calculate the equity of the company. We can use the debt-equity ratio to find the amount of equity in the company:
Debt-Equity Ratio = Total Debt / Total Equity
Since we know that the debt-equity ratio is 31%, we can use this equation to solve for the equity:
0.31 = 5,200 / Total Equity
Total Equity = 5,200 / 0.31
Total Equity = $16,774.19
Now that we know the equity of the company, we can calculate the ROE:
ROE = Net Income / Total Equity
ROE = 1,000 / 16,774.19
ROE = 0.0596 or 5.96%
Therefore, the return on equity for Samuelson's is 5.96%.
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The following are affected by the business structure you choose when you start your
business.
O a.
day-to-day operations, personal liability, and business name.
O b.
day-to-day operations, business location, and taxes.
О с.
profitability, personal liability, and taxes
O d.
day-to-day operations, personal liability, and taxes.
1
Answers
When you start business, the business structure you choose can affect your day-to-day operations, personal liability, and taxes.
What is a liability?Liability refers to the legal responsibility for one's actions or debts. It is an obligation to pay or perform something to another party. Liability can arise from various sources, such as contractual agreements, statutory laws, or common law. For instance, when a person borrows money from a bank, they have a liability to repay the loan amount to the bank within a certain period, according to the terms and conditions of the loan agreement. Liability can also arise from a person's actions or omissions that result in harm or damage to others. In such cases, the person may be held liable for the damages caused and may have to compensate the affected parties for their losses.
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