Answer:
Economic growth can be caused by random fluctuations, seasonal fluctuations, changes in the business cycle, and long-term structural causes. Policy can influence the latter two.
Business cycles refer to the regular cyclical pattern of economic boom (expansions) and bust (recessions). Recessions are characterized by falling output and employment; at the opposite end of the spectrum is an “overheating” economy, characterized by unsustainably rapid economic growth and rising inflation. Capital investment spending is the most cyclical component of economic output, whereas consumption is one of the least cyclical. Government can temper booms and busts through the use of monetary and fiscal policy. Monetary policy refers to changes in overnight interest rates by the Federal Reserve. When the Fed wishes to stimulate economic activity, it reduces interest rates; to curb economic activity, it raises rates. Fiscal policy refers to changes in the federal budget deficit. An increasing deficit stimulates economic activity, whereas a decreasing deficit curbs it. By their nature, policy changes to influence the business cycle affect the economy only temporarily because booms and busts are transient. In recent decades, expansions have become longer and recessions shallower, perhaps because of improved stabilization policy, or perhaps because of good luck.
Long-term growth receives less attention from policymakers than cyclical growth. Yet in a broader view of history, long-term growth is the more important of the two because it is the key to raising living standards. Long-term growth is caused by increases in labor, capital, and productivity. Policy changes in the areas of education, taxation, competition, basic research, and infrastructure can influence the economy’s long-term growth rate, but only at the margins. Long-term growth has altered very little over most of U.S. history despite a broad array of policy changes. That fact is less surprising when one considers that the main contributor to long-term growth is technological progress, over which the government has little direct influence. In recent years, long-term growth has accelerated modestly because of higher productivity growth, driven mainly by what is popularly referred to as the “information technology (IT) revolution.” Although the government had little direct influence over the IT revolution, it provided an environment in which those technological changes were allowed to thrive, which likely explains why many other economies did not experience a similar productivity acceleration.
Explanation:
to find the total bond value, add the present value of the amount paid at maturity to the _____ of the annual coupon payments.
Nasdaq, the American Stock Exchange, and the OTC market collectively form the
Answer: Stock market
Collectively, the markets of Nasdaq, the American Stock Exchange, and the OTC market form the Stock Market.
What is the stock market?This is a market where shares or stocks in different companies are sold amongst people.
There are various components in the stock market of the United States including Nasdaq, the American Stock Exchange and the OTC market.
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Fong, a member of Toronto's Amazon Employees for Climate Justice explains "as employees we are supposed to challenge leadership on what we think is morally right…I don't strike out of of sense of guilt or obligation to anyone else. I strike because I care about this cause and I want to continue to be proud of the organization to which I dedicate my time." Fong likely scores high on which commitment(s) towards his job?
Answer:
ask a teacher
Explanation:
What is an accountant
what do they do for a living
Answer:
An accountant is a professional who is responsible for keeping and interpreting financial records. Most accountants are responsible for a wide range of finance-related tasks, either for individual clients or for larger businesses and organizations employing them
Explanation:
If Frica Morrison a machine operator at Stanley Foundry, makes $513.66 a week and has 33 in FIT withheld, how many allowances has she claimed?
A 0
B 1
C 2
D 3
Using the Single's Person Weekly payroll distribution , the number of allowances claimed by Frica Morrison will be 3.
Given that :
Weekly pay = $513.66Federal income tax withheld = 33From the payroll table, Frica's weekly pay falls inbetween $510 - $520 ; checking along the row, we can see from the table(attached) that Federal income tax withheld of $33 falls under the 3 allowances claimed.
This means that for Frica to have $33 withheld from his weekly pay of $513.66, then he must have claimed 3 allowances.
Therefore, the Number of allowances claimed by Frica Morrison is 3.
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if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports are $3 trillion, then imports must be $____ trillion.
The imports of this country are around $2 trillion.
The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:
GDP = Consumption + Government Spending + Investment + Exports - Imports
15 = 9 + 2 + 3 + 3 - Imports
15 = 17 - Imports
Imports + 15 = 17
Imports = 17 - 15
Imports = $2 Trillion
In conclusion, the imports are $2 Trillion
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if a business owner becomes aware of a shortage in the market for the good or service he or she produces, he or she is likely to
Answer:
increase the price
Explanation:
they would increase the price to reduce demand
Consider a Malthusian economy. For each of the following scenarios, use the diagrams to illustrate what happens to a country’s population size and living standards, ceteris paribus. Clearly explain what happens to the equilibrium and describe the transition to the new equilibrium if any.a. Marrying late slows down population growth.b. An earthquake kills half of the population and destroys half the land.
In the situations presented, what happens to the population and living standards is that they improve significantly avoiding a Malthusian catastrophe.
Malthusianism is a sociological concept that refers to the theory developed by Thomas Malthus in which he states that population growth at the rate that is being done will result in a decrease in resources for life, that is what he defined as Malthusian catastrophe.
According to the above, the situations presented would be a way of delaying the Malthusian catastrophe because if people marry late, the probability of having children is reduced for biological reasons. In addition, the number of children is going to be reduced.
On the other hand, if an earthquake occurs that destroys half the world and kills half the population, the Malthusian catastrophe is delayed because the available resources would increase in relation to the existing population.
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a market that operates outside the legal system, either by selling illegal goods or by selling goods at illegal prices is referred to in economics as a
Answer:
the answer is black market
when would sunk costs be irrelevant for current decision making?
Sunk cost are always irrelevant when making current decisions.
Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.
An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.
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Careers of the future are easy to predict.
False or true
Answer:
False
Explanation:
False
This is false because you don't know if there will be new careers developing within time and and new job opportunities are going to be available.
when an externality is present, the market equilibrium is
Answer:
Effecient
Explanation:
And the equilibrium maximizes the total benefit to society as a whole
True or False? Language is symbolic.
Answer:
true
Explanation:
Answer: true
Explanation: correct on edge
general mills has a variety of brands in its snacks category, including chex, nature valley, fiber one, and cascadian farm. this represents a
Answer:don't cheat in this class I will tell ur professor in Bemidji about u
Explanation:
at the end of 2021, koosharem corp. calculated and recorded $50,000 in depreciation on a building that it had purchased five years earlier. how will this depreciation affect koosharem’s 2021 financial statements?
The effect of depreciation on koosharem’s 2021 financial statements is that it would lead to a decrease in the net income and a decrease in assets.
Depreciation is a method that is used to decrease the carrying value of an asset due to wear and tear.
There are different methods that can be used to determine the depreciation of an asset. They include:
The double-declining method The straight line deprecation methodThe unit of production depreciation method Sum of the years deprecation method.Building is considered as an asset to the business. It is a type of fixed asset. The carrying value of the building on the balance sheet would be reduced by $50,000. Depreciation is an expense. This would lead to an expense of $50,000 which would reduce net income by the same amount.
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by what date must taxes be filed in the united states?
Answer:
april 15
Explanation:
its a direct question the isnt an explanation
what is the name of the file management application?
Answer:
Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.
the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.
The blank space has been correctly filled below:
The contribution margin income statement allows users to easily judge the impact of a change in selling price, cost, or volume on profit.The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.
After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,
Net product revenue - Total variable cost ÷ product revenue.
A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.
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Which statement describes the effect of inflation?
A. Inflation does not affect the value of an object.
B. Inflation does not affect the cost of an object.
C. Inflation increases the cost of an object or decreases the value of
an object.
D. Inflation decreases the cost of an object or increases the value of
an object
Is it C?
Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services
The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.
What is the effect of the inflation?Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.
Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.
Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.
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The text below describes the purpose of the Coalition of Independent Educator Associations (CIEA). The Coalition of Independent Educator Associations (CIEA) is made up of non-unionized education associations across America. Keeping educators connected, CIEA collaborates and focuses on serving its members in each state and on the national level. Source: cieaonline.org Judging from the organization's description, CIEA could be best categorized as what kind of interest group
Answer:
peak association
Explanation:
The Coalition of Independent Educator Associations (CIEA) is most likely an Economic interest group based on the description of its services.
Economic interest groups:
Represent the affairs of a labor group such as teachers and doctors Foster cooperation between members of a labor group Increase economic and financial access for their membersThe Coalition of Independent Educator Associations (CIEA) is concerned with the affairs of educators as well as working to increase collaboration and cooperation between its educator members.
We can therefore conclude that the CIEA is an economic interest group as it engages in work that is typical of other economic interest groups.
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What are payroll taxes levied on?
A.
a business's profits
B.
an individual's dividend income
C.
the wages or salaries of a company's employees
D.
the goods and services purchased by people
E.
a piece of land
Answer:
D
Explanation:
cus im like that
Payroll taxes are levied on the wages or salaries of a company's employees. Hence, Option (C) is correct.
Payroll taxes are typically withheld from an employee's paycheck by the employer and are used to fund various government programs and social benefits.
Payroll taxes serve as a means for governments to generate revenue that goes towards funding programs such as Social Security, Medicare, unemployment insurance, and other social welfare initiatives.
The specific rates and regulations surrounding payroll taxes can vary by country and jurisdiction.
The taxes are typically calculated as a percentage of an employee's income and are withheld directly from their paycheck, with the employer responsible for remitting the taxes to the appropriate government agency.
Thus, payroll taxes provide the necessary funding for government programs and social benefits.
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what type of cost remains the same per unit at every level of activity?
Answer:
A variable cost
Explanation:
A variable cost remains the same per unit at every level of activity.
I hope this helps.
withholding taxes for federal and state income tax are based upon which items?
Two homebuilders are building homes in nearby subdivisions. One is offering 2,500-square-foot homes with two-acre yards. The other is offering a similarly sized house with quarter-acre yards. The builder offering the smaller lots cannot keep up with demand. The builder offering the larger lots has several unsold houses. The builder with the larger lots could use ____ to determine why his homes are not selling.
Answer: estimation
Explanation:
As per the given situation, Proactive customer monitoring might be used by the builder with the bigger lots to figure out why his homes aren't selling.
What is Proactive customer monitoring?The goal of proactive monitoring is to proactively seek out possible problems before they become serious obstacles for their company. Because proactive monitoring foresees problems, one can deal with them before an application crashes or performance degrades.
Homes are being constructed in surrounding communities by two homebuilders. One presents homes with two-acre yards that are 2,500 square feet in size. The other is providing a home with a similar size and quarter-acre yards.
The smaller lots are being offered by a builder who is unable to meet demand. The developer who is offering the larger lots has a number of unsold homes.
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what is the opportunity cost of investing in capital?
Answer:
The opportunity cost of investing in capital is the loss of consumption that results from redirecting resources toward investment. Overinvestment in capital is possible because of diminishing marginal returns: As the stock of capital rises, the extra output produced from an additional unit of capital falls.
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You were thrilled when your employer named you the new Southeast Asia manager and put you in charge of setting up the organization’s office there. But in only your second week at the new location, you encountered something unusual. A local government worker informed you that he would process your permit applications and other paperwork more quickly if you were willing to give him a cash payment, otherwise it may take up to 18 months to process them. Where you come from, that’s a bribe, which is both unethical and illegal. Your career is riding on this promotion, so what should you do?
Bribery is simply known as an offence where an individual is offered or received of gifts or rewards. It can be in monetary or non monetary terms
Conclusively, Since my career and future is on the line, making a mistake of accepting of the bribe is never an option and also to avoid taking the wrong step, consulting the ethics committee will be the right thing to do.
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what is strategy?
A) An action to be taken that will likely result in accomplishing goals and objectives
B) A statement that defines what an individual or group wants to accomplish or become
C) A training or certification that helps a person expand skill set
D) A specific step to be accomplished in the short term that eventually leads to reaching goals
gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, acorn company returns $500 of damaged merchandise and a check for ________ to settle the account.
Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account
Using this formula
Check amount=(Merchandise sold- Merchandise return)- [(Merchandise sold- Merchandise return)× Discount]
Where:
Merchandise sold=$4,000
Merchandise return=$500
Discount=2%
Let plug in the formula
Check amount=($4,000-$500)-[($4,000-$500)×2%]
Check amount=$3,500-($3,500×2%)
Check amount=$3,500-$70
Check amount=$3,430
Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.
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Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.
Answer:
Throughout my home, there are many objects that were made in many different places. These objects, though they may seem pedestrian, are highly significant in their ability to help and serve. One of these objects includes my television. This trade occurred at Best Buy, where I gave $5,000 U.S dollars in turn for a continuous flow of information. I have since been positively impacted, as I am always aware of my surroundings (I.e. news) and I can keep up with the latest shows. Another example is my refrigerator. My refrigerator allows me to, once again, connect to the internet and keep in touch with those around me. This product has also impacted me, as it makes life much easier. When at the grocery, I am able to search on my phone and look inside to see what I may, or may not, need.
Explanation:
to decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and loan characteristics, to predict risk levels.
To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.
Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.
An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.
Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.
Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).
Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:
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