Anand has $100 to spend on apples and/or avocados. Suppose you have drawn his budget line for apples and avocados with apples on the horizontal axis and avocados on the vertical axis.
If Anand’s income decreases by 10% but the prices of apples and avocados decrease by 5%, then:
1.the budget line shifts outward in a parallel fashion
2.the budget line shifts inward in a parallel fashion
3.the budget line becomes steeper
4.the budget line becomes flatter
5.none of the above

Answers

Answer 1

Anand has $100 to spend on apples and/or avocados. If Anand’s income decreases by 10% but the prices of apples and avocados decrease by 5%, then the budget line shifts inward in a parallel fashion.

The correct answer is 2. the budget line shifts inward in a parallel fashion.

When Anand's income decreases by 10%, he has less money to spend on apples and avocados. This means that his budget line will shift inward, as he can no longer afford as many of either good as he could before.

However, because the prices of apples and avocados also decrease by 5%, the budget line will not shift inward as much as it would have if prices had remained the same. The decrease in prices partially offsets the decrease in income, allowing Anand to still afford some of the goods he could before.

The budget line will still shift inward in a parallel fashion, as the relative prices of apples and avocados have not changed. The slope of the budget line, which represents the relative prices of the two goods, will remain the same.

Therefore, the correct answer is 2. the budget line shifts inward in a parallel fashion.

know more about relative prices here

https://brainly.com/question/14223290#

#SPJ11


Related Questions

Discuss the advantages an how the management diverse workplaceaffected the restaurant industries worldwide during COVID 19pandemic. Explain more than 5000 words.

Answers

The advantages of a diverse workplace in the restaurant industry during the COVID-19 pandemic include:

1. Adaptability: A diverse workforce brings different perspectives and ideas, which can help restaurants adapt to the changing environment and come up with innovative solutions during the pandemic.

2. Resilience: A diverse workforce can help restaurants bounce back from the challenges posed by the pandemic, as they can draw on a wider range of experiences and skills.

3. Improved customer service: A diverse workforce can better serve a diverse customer base, which can help restaurants attract and retain customers during the pandemic.

4. Greater creativity: A diverse workforce can foster greater creativity and innovation, which can help restaurants come up with new menu items and marketing strategies during the pandemic.

The COVID-19 pandemic has had a major impact on the restaurant industry worldwide, especially on those that employ a diverse workforce. One of the advantages of having a diverse workforce in the restaurant industry is the ability to provide a better understanding and empathy for the different cultures and backgrounds of customers. This has allowed restaurants to be more open to their customers, creating an inclusive and inviting atmosphere.

Additionally, having a diverse workforce has allowed for the adaptation of new menus and cooking styles. This has allowed restaurants to become more creative and flexible, providing customers with an array of different dishes and flavors that can cater to their individual tastes and preferences. This has also given restaurants the opportunity to reach new markets and become more profitable.

Moreover, a diverse workforce has also given restaurants the opportunity to benefit from different skills and experiences. This has allowed restaurants to be more innovative and open to new ideas and perspectives, allowing them to grow and evolve more quickly. This has allowed restaurants to gain a competitive advantage, as they have been able to offer more unique services and experiences to their customers.

Finally, the presence of a diverse workforce in the restaurant industry has also increased customer satisfaction. This has allowed restaurants to provide better customer service and build a strong customer base, which has been beneficial during the pandemic.

The management of a diverse workforce has been beneficial for the restaurant industry during the COVID-19 pandemic. It has allowed restaurants to provide better understanding and empathy for their customers, become more creative and flexible with their menus, benefit from different skills and experiences, and increase customer satisfaction.

To know more about diverse workplace here:

https://brainly.com/question/11015527#

#SPJ11

In your words define monetary policy, inflation,
unemployment, stagflation, Gross National Product, Gross Domestic
Product, recession and depression.

Answers

Monetary policy is a term that describes the actions of a central bank or government to influence the availability and cost of money and credit to achieve specific goals, such as controlling inflation, unemployment and economic growth.

Inflation is a general rise in prices measured by an index of consumer prices, resulting in a decline in the purchasing power of money. Unemployment is a situation where people are without jobs and are actively seeking work. Stagflation is a situation of high unemployment and slow economic growth, along with rising prices. Gross National Product (GNP) is the total value of all goods and services produced in a country over a specific period of time. Gross Domestic Product (GDP) is the total value of all goods and services produced in a country in one year. A recession is a decline in a country's economic activity. A depression is a more severe decline in a country's economic activity.

Learn more about Monetary policy at: https://brainly.com/question/13926715

#SPJ11

Suppose that there are two firms, one of which is in a competitive industry, and one of which is in an imperfectly competitive industry. What is different between these two firms in the way they value (and are willing to pay) a marginal (additional) worker?

Answers

The two firms, one in a competitive industry and one in an imperfectly competitive industry, differ in the way they value (and are willing to pay) a marginal (additional) worker.

In a competitive industry, the firm is a price taker, meaning that it can only accept the market price set by the demand and supply of labour.

As such, they are not willing to pay more than the market rate for the additional worker.

On the other hand, in an imperfectly competitive industry, the firm is a price setter, meaning they are able to set their own price and thus pay more than the market rate for the additional worker.

To know more about competitive industry click on below link:

https://brainly.com/question/14090806#

#SPJ11

Think of an activity you did today. Using what you learned in this chapter, describe at least 2 different parts of your brain and how they were involved in that activity. If you were a psychologist or neuroscientist interested in learning more about those brain parts, what methods could you use? comment on at least 1 other post

Answers

Atheletics was done which involved cerebrum, cerebellum and thalamus. MRI, fMRI, EEG etc can be used in learning more about those brain parts.

These five brain regions are engaged in Atheletics about the steps, sustaining poses, stabilizing the frame, and collecting intelligence regarding how to move.

The largest of the mind, the cerbrum, is in charge of thought and voluntary muscle movement. The cerebellm is in charge of coordination, movement, and equilibrium. All breathing processes, including the need to breathe air  food digestion, and blood circular, are controlled by the brain stem. Scientists can investigate specific cells to help cure brain disorders by studying neurons. Imaging tech is used by scientists to learn more about how the brain functions eg MRI

Learn more on brain

https://brainly.com/question/2416258

#SPJ4

Country A's income receipts are $300 billion, and income payments are $250 billion. Despite this, country A is a debtor nation. How can country A receive more income than it paid out? Use a formula to answer the question.

Answers

Country A can receive more income than it paid out  due to the difference between its current account and capital account.

The formula for a country's balance of payments (BOP) is: BOP = current account + capital account.

The current account includes income receipts and payments, while the capital account includes financial transactions such as foreign investment and loans. If a country has a positive current account, it means that it is receiving more income than it is paying out.

However, if the country has a negative capital account, it means that it is borrowing more money than it is lending out.

In the case of country A, it is possible that the country has a positive current account ($300 billion - $250 billion = $50 billion) but a negative capital account that is greater than $50 billion. This would result in a negative BOP, making country A a debtor nation despite receiving more income than it paid out.

Therefore, the formula to determine if a country is a debtor or creditor nation is: BOP = (income receipts - income payments) + (financial inflows - financial outflows). If the BOP is negative, the country is a debtor nation; if it is positive, the country is a creditor nation.

To know more about negative capital account refer here:

https://brainly.com/question/3522318#

#SPJ11

Among various macroeconomic concepts such as GDP, GNP, personal income, and personal disposable income, which one do you think, better describe?

Answers

Among the various macroeconomic concepts, GDP (Gross Domestic Product) is the best one to describe the overall economic performance of a country.

GDP is the total market value of all final goods and services produced in a country within a specific period of time, usually a year. It is a measure of the size of an economy and is often used to compare the economic performance of different countries.

GNP (Gross National Product) is similar to GDP, but it includes the value of goods and services produced by a country's residents, regardless of where they are located.

Personal income is the total income received by individuals and households, while personal disposable income is the amount of income left after taxes and other mandatory expenses are paid.

While all of these concepts are important for understanding the overall economic performance of a country, GDP is the most widely used and is often considered the best measure of a country's economic health.

It provides a comprehensive view of the size and strength of an economy, and is used by governments, businesses, and economists to make important decisions about economic policy and investment.

To know more about Gross Domestic Product click on below link:

https://brainly.com/question/9201016#

#SPJ11

I really need help 1-20 please help and its for a grade the work is East and South Asia religions

Answers

Answer:

A. slaves

Explanation:

Given the demand and supply system:
Pb = 53 - 5 Qb & Pv = 3 + 2 Qv
With a specific tax of T^ = 4 , how much tax revenue is generated ?
12: Given the demand and supply system:
Pb = 53 - 5 Qb & Pv = 3 + 2 Qv
With a specific tax of T^ = 4 , how much dwl is generated ?

Answers

Based on the demand and supply system, the tax revenue generated is 28.57 and the deadweight loss (DWL) generated is 1.14.

Given the demand and supply system:
Pb = 53 - 5 Qb & Pv = 3 + 2 Qv

With a specific tax of T^ = 4 , the tax revenue generated can be calculated using the formula:

Tax Revenue = Tax Rate × Quantity

We need to find the equilibrium quantity for both the demand and supply equations. We can do this by setting the equations equal to each other and solving for Q:

53 - 5 Qb = 3 + 2 Qv

50 = 7 Q

Q = 50/7

The tax revenue generated is then:

Tax Revenue = 4 × (50/7)

Tax Revenue = 200/7

Tax Revenue = 28.57

Therefore, the tax revenue generated is 28.57.

Given the demand and supply system:
Pb = 53 - 5 Qb & Pv = 3 + 2 Qv

With a specific tax of T^ = 4 , the deadweight loss (DWL) generated can be calculated using the formula:

DWL = 0.5 × Tax Rate × (Q1 - Q2)

Where Q1 is the quantity before the tax and Q2 is the quantity after the tax. We already found the equilibrium quantity before the tax (Q1) to be 50/7. We can find the quantity after the tax (Q2) by adding the tax to the supply equation and finding the new equilibrium quantity:

Pb = 53 - 5 Qb & Pv = 3 + 2 Qv + 4

53 - 5 Qb = 7 + 2 Qv

46 = 7 Q

Q2 = 46/7

The DWL generated is then:

DWL = 0.5 × 4 × [(50/7) - (46/7)]

DWL = 0.5 × 4 × (4/7)

DWL = 8/7

DWL = 1.14

Therefore, the DWL generated is 1.14.

Learn more about Deadweight loss:

https://brainly.com/question/30883452

#SPJ11

how did the period known as Pax Romana both exemplify and contradict its name?

Answers

Answer:

Most peaceful time in Ancient Rome Empire (Holy Roman Empire)

Explanation:

Would appreciate if you put brainliest!!

The first phase of globalization was characterized by the ________.
A. dominance of MNEs in the agricultural industry
B. rise of steel production
C.having jumbo-jet
D.growth of railroads
E.rise of SMEs

Answers

"The first phase of globalization was characterized by the growth of railroads." Thus, Option D is correct.

This phase, also known as the "first wave" of globalization, occurred from the 1850s to the 1910s and was marked by the rapid expansion of international trade and investment, largely facilitated by the development of new transportation technologies such as railroads and steamships. These advancements allowed for the faster and more efficient movement of goods and people, leading to increased economic interdependence and the emergence of a global economy.

During this phase, the growth of railroads played a crucial role in connecting distant markets and facilitating the movement of goods and resources between them. This, in turn, led to the development of new industries and the growth of existing ones, as well as the spread of new ideas and cultures across borders.

However, this phase of globalization was also marked by uneven development and exploitation, as powerful nations and corporations often benefited at the expense of weaker ones. This led to growing political tensions and conflicts, which eventually contributed to the unraveling of the global economic order in the early 20th century.

Learn more about globalization https://brainly.com/question/25499191

#SPJ11

100 pts pls help

Based on the text, a reader can infer that a child with autism might not understand when someone—
Responses
A Plays alone plays alone
B Feels angryFeels angry
C Talks softlyTalks softly
D Needs help

Answers

Talks softly talk softly
I think the answer is C

What is the role of the World Health Organisation

Answers

Answer:

family maintenance and roast beef sandwich for your family and to roast your brain is this payment regarding our brain cells the delivery schedule of our what's up man who has been a corporate and proceed with that reason for the information on how to roast beef sandwich for your family maintenance and roast in the person trying not going on Wednesday only thing I have trite to roast the delivery schedules. math, I can't help it possible to be cleared by the information on to roast meats, I can't talk. I will arrange

Joseph Fredrick, the GM of 400 room Swiss Airport hotel, located opposite to the International Airport has been contacted by the airline and asked to bid on a contract that would have the Swiss Airport hotel house the airline’s pilots and flight attendants who stay overnight in the city. The airline crews would occupy 20 rooms per night, 365 days per year. The airline indicated that room rate it would pay the Swiss Airport hotel represents approximately 50% of hotel’s ADR.
a. What are the important factors Joseph should consider prior to deciding if the airline contract would be a good one for the hotel? (7 marks)
b. What is the occupancy percent of the hotel from the Airline crew? (3 marks)

Answers

A. The factors to consider prior to deciding if the airline contract would be a good one for the hotel would be the effect on the hotel's overall occupancy rate and average daily rate, the potential for additional revenue, costs associated with accommodating the airline crews, potential effect impact on the hotel's reputation and customer relations, potential for future business, terms of the contract, and  potential effect on the hotel's staffing levels and the need for additional employees. B. The occupancy percent of the hotel from the Airline crew is 5%.

A. There are several important factors that Joseph should consider before deciding if the airline contract would be a good one for the Swiss Airport hotel.

These include:

1. The impact of the contract on the hotel's overall occupancy rate and average daily rate (ADR).

2. The potential for additional revenue from food and beverage sales, as well as other services provided to the airline crews.

3. The costs associated with accommodating the airline crews, such as housekeeping, laundry, and other operational expenses.

4. The potential impact of the contract on the hotel's reputation and relationship with other customers.

5. The potential for future business from the airline, as well as the potential for referrals to other airlines.

6. The terms of the contract, including the length of the contract, payment terms, and any penalties for non-performance.

7. The potential impact of the contract on the hotel's staffing levels and the need for additional employees.

B. The occupancy percent of the hotel from the Airline crew can be calculated by dividing the number of rooms occupied by the airline crews by the total number of rooms in the hotel. In this case, the airline crews would occupy 20 rooms per night, 365 days per year, for a total of 7,300 room nights. The hotel has a total of 400 rooms, so the occupancy percent of the hotel from the Airline crew would be:

(7,300 room nights) / (400 rooms x 365 days) = 0.05, or 5%

Learn more about Contract:

https://brainly.com/question/5746834

#SPJ11

Most neighborhood banks are referred to as what?
Brokerage firms
Commercial banks
Savings and loan banks

Answers

Answer:

Most neighborhood banks are referred to as commercial banks.

Explanation:

What is the general status of women in basseri society?

Answers

Answer:

women are very important economically and usually maintain equal status within the tent.

Analyze the different sources of innovations related to the Ford's Model T: · Describe the different functional sources of the innovations related to these products, using theory of von Hippel (1988). · Evaluate how these sources of innovation help the firms to generate new-product innovations.

Answers

Sources of innovations related to Ford's Model T include external user innovators, manufacturers of complementary products, and Ford's own R&D department; these sources help the firm generate new-product innovations by providing valuable feedback, complementary products, and internal expertise respectively.

Innovation can come from various sources, and von Hippel's theory highlights that external users can also be a valuable source of innovation. In the case of Ford's Model T, external user innovators who modified the car for their specific needs provided valuable feedback and ideas that helped Ford improve the product.

Additionally, manufacturers of complementary products, such as tires, also contributed to innovation by developing products that were specifically designed to work with the Model T. Finally, Ford's own R&D department played a crucial role in innovation by developing new production methods and technologies. By leveraging these different sources of innovation, Ford was able to continuously improve and evolve the Model T, resulting in a successful and influential product.

Learn more about approach to innovation https://brainly.com/question/1008019

#SPJ11

Fifteen-year-old donny can read his math textbooks quickly. His little sister, marie, also reads her math books, but it takes her longer and she stumb

Answers

This makes no sense what is the question, where is the rest of the passage ?

Which area of the Middle East is at the center of oil production?
A. the Sinai Peninsula
B. coastal regions
C. the Persian Gulf
D. desert areas

Answers

Answer:

C. the Persian Gulf

Explanation:

Answer: I would say D. But prob C. Nah It’s C. the Persian Gulf

Explanation: Hope this helps.

Steve is passionate in his belief that animals should not be used in research. He has devoted his life to the cause. Last week, he bombed the administrative office of a pharmaceutical company that is known to perform animal research. Four people were injured in the explosion and one died

Answers

His passion for animal rights does not excuse his decision to use violence to express his beliefs. His actions have caused harm to innocent people and violated their rights to safety and security.

What is the name of animal research?

The name "vivisection" is preferred by individuals opposed to this research, but scientists often use the term "animal experimentation".

What purposes does animal research serve?

In the course of laboratory animal investigations, scientists are able to regulate variables such as temperature, humidity, light, feed, and drugs that could have an impact on the results of the experiment. Even the genetic makeup of many animal models can be totally known and understood.

To know more about animal research visit:

https://brainly.com/question/6140246

#SPJ1

1. In your own words, provide the best reasons for having labor union representation.
2. In your own words, provide the best reasons for monopolistic competition in any sector.

Answers

The best reasons for having labor union representation to protect employees' rights, such as their right to better salaries, improved benefits, and enhanced working conditions, is the most important aspect of labor union representation.

A labor union offers its members a forum in which they can express their concerns and lobby for more equal working conditions.

Labor unions assist bridge the gap between employers and employees by acting as mediators between the two groups. This makes it more likely that everyone will be treated fairly.

The best reasons for monopolistic competition in any sector is its favorable effect on the  economy since it inspires companies to be creative and innovative. It gives businesses the ability to differentiate themselves from other competitors and create new goods and services that are tailored to the requirements of customers.

This kind of competition helps to cultivate a dynamic economy in which businesses are forced to compete for customers, which ultimately leads to improved quality and value.

Moreover, it motivates businesses to become more efficient and cost-effective, as they strive to differentiate themselves from rivals. Overall, monopolistic competition fuels economic growth and enables businesses to evolve and adapt to changing market conditions.

Learn more about  labor union.

https://brainly.com/question/29844798

#SPJ11

What are the names of the tribes of Judah?

Answers

Hi, I hope you find my help useful!

The twelve tribes of Judah are:
1. Reuben
2. Simeon
3. Levi
4. Judah
5. Issachar
6. Zebulun
7. Dan
8. Naphtali
9. Gad
10. Asher
11. Ephraim
12. Benjamin

A 20% increase in the price of gasoline will likely lead to
no change in the CPI
a more than 20% increase in the CPI
a less than 20% increase in the CPI
a 20% increase in the CPI

Answers

A 20% increase in the price of gasoline will likely lead to C: a less than 20% increase in the CPI.

The Consumer Price Index (CPI) is a measure of the average change in the prices paid by urban consumers for a fixed basket of goods and services. Gasoline is just one of the many items included in the CPI basket, so a 20% increase in the price of gasoline will not lead to a 20% increase in the overall CPI.

The impact on the CPI will be less than 20% because the increase in the price of gasoline will be offset by the prices of other items in the CPI basket that may not have changed or may have changed by a smaller amount.

You can learn more about CPI at

https://brainly.com/question/8416975

#SPJ11

Recommend what grade 12s could do to minimise the impact of the anxiety they may feel on the day of the examination in your answers also indicate how that could enhance their performance in the examination

Answers

Students can decrease the impact of worry by preparing carefully, getting enough sleep and remaining focused. Reducing anxiety before a test can assist improve performance.

Anxiety on the day of a test is frequent, especially among Grade 12 students. Yet, there are several things people may do to reduce the impact of anxiousness and improve their exam performance. Here are some suggestions:

Prepare thoroughly: One of the most effective strategies to reduce anxiety on the day of the exam is to prepare well. This involves revising on a regular basis, completing all assignments and practise tests, and being acquainted with the exam style and requirements. Being well-prepared might make you feel more confident and less anxious.

Obtain enough sleep: Sleep is crucial for proper cognitive function, memory consolidation, and recall. Make sure you get enough sleep the night before the exam. The night before the exam, try to get at least 7 hours of sleep. Sleep deprivation can decrease cognitive performance and raise tension and anxiety.

Have a nutritious meal: A nutritious breakfast can aid to nourish your brain and improve cognitive performance. Consuming high-sugar or caffeine-containing drinks might induce anxiety.

Deep breathing, visualisation, and progressive muscle relaxation are among relaxation techniques that can assist to reduce anxiety and increase calm. Regularly practise these approaches in the run-up to the exam.

Come early and organised: Arrive early at the test venue to enable yourself time to arrange and calm down before the exam begins. Make sure you have everything you need and prevent last-minute stress.

Maintain attention on the job at hand: It is critical to maintain focus on the task at hand during the test. Avoid worrying about the exam's repercussions or comparing yourself to others. Concentrate on answering the questions as best you can.

For more such questions on anxiety, click on:

https://brainly.com/question/1394818

#SPJ11

*Please check plagiarism
Explain green revolution in Bangladesh.
minimum word recquired : 250+

Answers

The Green Revolution in Bangladesh refers to the period of rapid agricultural development and increased food production that took place from the 1960s to the 1980s. This was largely due to the introduction of new agricultural technologies, including high-yielding varieties of crops, chemical fertilizers, and irrigation systems.

One of the primary drivers of the Green Revolution in Bangladesh was the adoption of new rice varieties, known as high-yielding varieties (HYVs). These varieties were able to produce significantly more rice per hectare than traditional varieties, leading to a dramatic increase in rice production.

The adoption of HYVs was accompanied by the widespread use of chemical fertilizers, which further boosted crop yields.

Another important aspect of the Green Revolution in Bangladesh was the development of irrigation systems. Prior to the Green Revolution, agriculture in Bangladesh was largely dependent on rainfall, which meant that crop yields were often low and unpredictable.

The introduction of irrigation systems allowed farmers to control the amount of water their crops received, leading to more consistent and higher yields.

The Green Revolution in Bangladesh had a number of positive effects, including increased food production, improved food security, and higher incomes for farmers.

However, it also had some negative consequences, such as environmental degradation due to the overuse of chemical fertilizers and the depletion of water resources due to the expansion of irrigation systems.

Overall, the Green Revolution in Bangladesh was a significant period of agricultural development that helped to transform the country's economy and improve the lives of millions of people. However, it is important to recognize the negative impacts of the Green Revolution and work to address these issues in the future.

To know more about green revolution refer to-

brainly.com/question/19335313#

#SPJ11

A country is described by the Solow model with a production function of y=k1/2
, with k being equal to 625. The fraction of output invested is 50%. The depreciation rate is 5%. What is the actual level of output per worker?
A. 25
B. 20
C. 15
D. 10
What is the steady state level of output per worker?
A. 25
B. 20
C. 15
D. 10
What can be expected with regards to the actual level of output per worker?
A. Decrease
B. Increase
C. Remains the same

Answers

The actual level of output per worker is 25 and the steady state level of output per worker is 10.

The actual level of output per worker can be calculated using the production function y=k1/2. Given that k=625, we can plug this value into the equation to find the actual level of output per worker:
y=6251/2
y=25
Therefore, the actual level of output per worker is 25, which corresponds to option A.

The steady state level of output per worker can be calculated using the equation y*= (s/depreciation rate)1/2, where s is the fraction of output invested and the depreciation rate is given. Plugging in the given values, we get:
y*= (0.5/0.05)1/2
y*= 10
Therefore, the steady state level of output per worker is 10, which corresponds to option D.

Since the actual level of output per worker is greater than the steady state level of output per worker, we can expect the actual level of output per worker to decrease until it reaches the steady state level. This corresponds to option A.

You can learn more about actual level of output at

https://brainly.com/question/23434635

#SPJ11

Using the four factors of production explain which two factors of production dominate an underdeveloped country and which two factors of production dominate a developed country. How does this simple illustration relate to productivity and wealth?

Answers

The four factors of production are land, labor, capital and entrepreneurship. In an underdeveloped country, land and labor are the dominant factors, as these are the primary sources of production.

In a developed country, capital and entrepreneurship are the dominant factors, as these are the sources of technological innovation, economic growth and increased productivity.

This simple illustration relates to productivity and wealth in that countries with higher levels of capital and entrepreneurship are able to create more wealth and better productivity compared to countries with lower levels of land and labor.


This is because underdeveloped countries often have an abundance of natural resources and a large population that is available for labor. However, they often lack the capital and entrepreneurship necessary to develop their economies.

In contrast, developed countries tend to have a greater abundance of capital and entrepreneurship. This allows them to invest in technology and innovation, leading to higher levels of productivity and wealth.

However, they may have less land and labor available, which can limit their ability to produce certain goods and services.

This simple illustration relates to productivity and wealth because it shows how the availability of different factors of production can impact a country's ability to produce goods and services, and ultimately, its level of wealth.

Developed countries with greater access to capital and entrepreneurship are generally more productive and wealthy, while underdeveloped countries with less access to these factors are often less productive and wealthy.

To know more about underdeveloped refer here :

https://brainly.com/question/1980853#

#SPJ11

Your task is to choose the country that was/is experiencing inflation and answer the following questions overall min. 1000 – max. 1100 words. It would be great if you would work on the HW3 in pairs since it will broaden your perspectives by adding different views. If so both students should submit the same HW with both names on it. If you prefer working on your own, I am fine with it as well.
A. Choose one country of your interest either historical 10 Stories of Hyperinflation in History | Stacker and Yugoslavia: April 1992 to January 1994
or current
Turkey
Argentina
Islamic Republic of Iran
Lebanon
South Sudan
Sudan
Suriname
Venezuela
Yemen
Zimbabwe
B. Question you need to answer:
Which were the causes of inflation? Was it cost-pushed or demand-pulled explain it and support it with an argument?
What was the effect on the business cycle and main macroeconomics indicators (unemployment, GDP, potential GDP)?
How it reflected the businesses and how the households?
Summarize the thoughts by answering the following question: Why is hyperinflation bad for national economy?

Answers

The country chosen is Venezuela. Venezuela has experienced inflation since 2014, when the rate skyrocketed to 65.6%. Inflation is a sustained increase in the general price level of goods and services.

There are two main causes of inflation: cost-push inflation and demand-pull inflation.

Cost-push inflation is caused by increased production costs. In the case of Venezuela, cost-push inflation was caused by the devaluation of its currency, the bolívar, and the increase in oil prices in the global market. This caused production costs for domestic producers to increase, leading to higher prices for their products.
Demand-pull inflation is caused by an increase in aggregate demand. In the case of Venezuela, demand-pull inflation was caused by the expansionary fiscal and monetary policies implemented by the government, which increased the money supply, leading to higher prices.

The effect of inflation on the business cycle and macroeconomic indicators was severe. Inflation caused the Venezuelan economy to enter into a recession, leading to a decrease in GDP and an increase in unemployment. Inflation also caused the potential GDP to fall and the currency to depreciate.

The effect of inflation on businesses was significant. Businesses were unable to absorb the cost of production, leading to a decrease in profits and an increase in prices. This in turn caused a decrease in demand and a decrease in investment.

The effect of inflation on households was also significant. Households were unable to keep up with rising prices, leading to a decrease in purchasing power and an increase in poverty. This in turn caused an increase in debt and a decrease in consumption.

Hyperinflation is bad for the national economy as it causes a decrease in GDP, an increase in unemployment, and a decrease in purchasing power. In addition, it causes the currency to depreciate, leading to an increase in debt and a decrease in investment. As a result, the national economy is unable to grow and develop.

Learn more about inflation : https://brainly.com/question/1297747

#SPJ11

Question 20 of 28
A company can raise money by doing all but which of the following?
A. Providing stock options to executives
OB. Taking a loan
C. Conducting an initial public offering
OD. Issuing bonds
SURMIT

Answers

A. Provide stock options to executives

Public trust of the government declined after Watergate. This is an example of the. Public trust of the government declined after Watergate. This is an example of the. Generational effect on public opinion. Life-cycle effect on public opinion. Effect of education on public opinion. Effect of party identification on public opinion

Answers

Public trust of the government declined after Watergate. This is an example of the Generational effect on public opinion.

Public confidence in the administration declined after Watergate. This serves as an example of how demographics affect popular opinion. Generational influences, As a consequence of these effects, people of all eras often come together to form a sizable social group. Public opinion is frequently seen as a collection of people's attitudes and ideas about a nation's politics and administration. It is a way for people to communicate with their administration. It affects public policy, provides feedback to lawmakers, as well as acts as a control on actions.

Complete question-

Public trust of the government declined after Watergate. This is an example of the...

a) generational effect on public opinion.

b) life-cycle effect on public opinion.

c) effect of education on public opinion.

d) effect of party identification on public opinion.

Learn more on Public opinion

https://brainly.com/question/24262123

#SPJ4

Suppose Steven gets a 30 year fixed mortgage 5% nominal interest when the expected inflation rate was 3%. if the actual rate of inflation ends up being 3.5% over the life of the loan, what is the real interest rate Steven pays?

Answers

The real interest rate Steven pays is 1.5%. This is because the real interest rate is calculated by subtracting the inflation rate from the nominal interest rate. In this case, the nominal interest rate is 5% and the actual inflation rate is 3.5%, so the real interest rate is 5% - 3.5% = 1.5%.

Here is a step-by-step explanation of how to calculate the real interest rate:

1. Start with the nominal interest rate, which is the interest rate that is stated on the loan agreement. In this case, the nominal interest rate is 5%.

2. Subtract the actual inflation rate from the nominal interest rate. The actual inflation rate is the rate of inflation that actually occurs over the life of the loan. In this case, the actual inflation rate is 3.5%.

3. The result is the real interest rate, which is the interest rate that takes into account the effects of inflation. In this case, the real interest rate is 1.5%.

So, if Steven gets a 30 year fixed mortgage at 5% nominal interest when the expected inflation rate was 3%, but the actual rate of inflation ends up being 3.5% over the life of the loan, the real interest rate Steven pays is 1.5%.

To know more about inflation

https://brainly.com/question/30112292

#SPJ11

Other Questions
WILL MAKK AS BRAINLIEST! Answer the following questions for the function f(x)=x(x+16) defined on the interval [-7,5].A. f(a) is concave down on the interval ___ to _____ B. f(x) is concave up on the interval ____ to ____C. The inflection point for this function is at x = _____D. The minimum for this function occurs at = _____E. The maximum for this function occurs at x = _____ Market Summary> Verizon Communications Inc. 54.92 uso NYSE: VZ + Follow Verizon Communications verizon +0.76 (1.41%) + today Mar 31 pm EST Dlacier Telecommunication company 1D so 1M GM YTD 1Y SY Max vertron.com 555 55.0 54.5 Previous dose 54.15 4,00 DE 540 1000 m 1200 2:00 Open High LOW 54.38 55.14 5418 Mat Cap PE ratio Dwyield 230 540 10.33 4,66% COP score 52.wk high 52 w low B 59.85 49.68 Verizon Communications Inc.commonly known as Verizon, is an American multinational belecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is Incorporated in Delaware Wlopedia CEO: Hans Vouberg (Aug 1, 2016-) Revenue 133.6 billion USD (Fiscal Year Ended December 31, 2021) Headquarters: New York, New York, United States Founded: October 7, 1963, Delaware, United States Number of employees: 132,200 (December 31, 2020) Net Income: 22.62 bilion USD Focal Year Ended December 31, 2021) Subsidiaries: Vertoon. Verizon Flos, Vorscon Business, Buen. MORE More about Vertion Communicat hips/finance yahoo.com quote V21 Verizon Communications Inc. (VZ) Stock Price, News, Quote Find the latest Verizon Communication Inc. (V2) stock quote, history, news and other vital Information to help you with your stock trading and investing Market Summary> Vodafone Group plc 128.00 GBX -1.84 (1.42%) + today Mar 34:35 m GMT Disclaimer LON:VOD + Follow Vodafone Group Telecommunications company 1D 50 M EM YTD 1Y SY Max 130.0 120.5 Previous close 120.84 120.0 128,5 1200 127,6 0:00 am Vodafone Group Plc is a Bellish multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates service in Asia, Africa, Europe, and Oceania Wikipedia CEO: Nick Road (Oct 1, 2018-) Headquarters: Berkshire, United Kingdom Founded: 1962, Newbury, United Kingdom Revenue: 43.81 billion EUR (2021) Number of employees: 96,506 (2021) Subsidiaries: Vodafone Germany, Vodafone Australia, MORE Founders: Gerry Whent, Emost Harrison Disclaimer 10.00 am 12:00 pm 2:00 pm 4:00 pm 34.258 B Open High LOW 129.20 129.38 127,60 Mkt Cap PE ratio Div yield - CDP score 52-wk high 52-wk low 142.74 106,30 5,93% More about Vodafone Group plc Identify the part-to-whole ratio that describes the location of point P(3, 1) on the directed line segment AB, with coordinates A(-2, 6) and B(4, 0). A square scarf has a side length of 34 yard on each side.What is the area of the scarf?Enter your answer in the boxes as a fraction in simplest form. Desminos Pizza's online menu offers small, medium, and large pizzas. Using the digits 0-9, without repeating, fill in each blank such that each equation is true. MENU SIZE PRICE MEDIUM $15+$2 PER TOPP What is the default risk premium on Aaa corporate bond, if the interest rate on that bond is 3.54 percent and the interest rate on a Treasury security is 1.78 percent? How does the body build resistance to certain pathogens?A by exposure to pathogens, or having a certain diseaseB by forcing the pathogens out of the bodyC by getting antibiotics for an infectionD by producing macrophages when the body encounters an antigen What are the ocular and objective lenses in a compound microscope? What are the four objectives typically found on a teaching microscope like the ones we use?How is the pointer/ocular micrometer used to estimate the dimensions of an object being viewed under the microscope? Which is a Perfect square how might the time period in which defoe lived have influenced his attitudes toward mastery of less technologically advanced societies Josh wants to take group fitness classes at a nearby gym, but needs to start by selecting a membership plan. With the first membership plan, Josh can pay $35 per month, plus $2 for each group class he attends. Alternately, he can get the second membership plan and pay $34 per month plus $3 per class. If Josh attends a certain number of classes in a month, the two membership plans end up costing the same total amount. What is that total amount? How many classes per month is that? The observation about Jordan Baker and "most affectations" (paragraph 448) mainly suggests that Nick.A. senses that Jordan is falling in love with himB. notices that Jordan is very good at hiding her feelingsC. takes a long time to trust people, especially womenD. realizes that Jordan is a cheat and a liar Part B: Presumptive Test for Coliforms1. Weigh out 35grams of McConkey broth powder and add to 1 litre of water in a conical flask. Shake and invert the conical flask to ensure the solution is well mixed.2. Set up test-tube and a put Durham tube upside down into every test-tube.3. Using pipettes transfer 10 ml of the McConkey broth into each test tube.4. Put a suitable cap onto the test tubes and then cover them tightly with tinfoil.5. Place all of the test tubes into an autoclave.6. Remove the test tubes form the autoclave and label 4 test tubes with area sampled and 1ml, 2ml, 3ml and 5ml7. Using a sterile pipette transfer 1 ml of the water sample into the test tube labelled 1ml, 2ml of the water sample into the test tube labelled 2ml, 3ml of the water sample into the test tube labelled 3ml and 5ml of the water sample into the test tube labelled 5ml.8. Cover the test tubes with the caps and place them into the incubator for 48 hours at 37oC.9. If the colour changes from purple to a white-yellowish colour and the Durham test tube is translucent the result is positive. Therefore, there are E-coli organism present in the water.Questions:1. What is the principle underpinning this experimental procedure?2. What were the major findings? The conclusion could provide a brief explanation of what the final data from the experiment indicates.3. What were the errors or possible errors. Could this experiment be improved in future?4. Discuss the significance of the experiment. Where is the experiment used? What is this experiment used for? What are the practical applications? Theo is looking at a map of a water park that is laid out on a coordinate plane. Theo's current location is at (5, 0) on the map. The wave pool is at (8, 12) and the tube slide is at (10, 11). Each unit on the map represents 25 yards. How much closer is Theo to the tube slide than the wave pool? Round to the nearest yard. Find the minimum sample size n needed to estimate for the given values of c, , and E.c = 0.95, = 9.1, E = 1 how does participation in exercise programmes promote health and psychological health 40. Social Security Numbers A Social Security number is used to identify each resident of the United States uniquely. The number is of the form xxx-xx-xxxx, where each x is a digitfrom 0 to 9.(a) How many Social Security numbers can be formed?(b) What is the probability of correctly guessing the SocialSecurity number of the president of the United States? why did revolutionaries in France have different points of view about the events in saint domingo page 309 and 312 Please help me I really need help CIVICS9.Cite Evidence Cite a specific example of a situation in which a request forextradition is likely to be contested.