The Real GDP in 2010 is $2,400 and the nominal GDP in 2010 is less than $2,400. Thus, Option (C) is correct.
The formula for real GDP is:
[tex]~$Real GDP = Quantity of apples (Year) * Price of apples (Base Year) + Quantity of oranges (Year) * Price of oranges (Base Year)[/tex]
Using the data provided:
Base Year (2012):
Price of apples (Base Year) = $4
Price of oranges (Base Year) = $3
Year 2010:
Quantity of apples (2010) = 300
Quantity of oranges (2010) = 400
Price of apples (2012) = $4
Price of oranges (2012) = $3
Now, let's calculate the real GDP for 2010:
[tex]~$Real GDP 2010 = 300 * \$4 + 400 * \$3[/tex]
[tex]~$Real GDP 2010 = \$1200 + \$1200[/tex]
Real GDP 2010 = $2400
So, the real GDP in 2010 with the base year 2012 is $2400.
To find the nominal GDP in 2010, one can use the prices and quantities from that year:
[tex]~$Nominal GDP 2010 = Quantity of apples (2010) * Price of apples (2010) + Quantity of oranges (2010) * Price of oranges (2010)[/tex]
[tex]~$Nominal GDP 2010 = 300 * \$2 + 400 * \$2[/tex]
[tex]~$Nominal GDP 2010 = \$600 + \$800[/tex]
Nominal GDP 2010 = $1400
So, the nominal GDP in 2010 is $1400.
Thus, Option (C) i.e. $2,400; less than $2,400 accurately matches with the data given.
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Suppose an economy produces only apples and oranges, and the prices and quantities of each are given in the table below.
Year Price (oranges) Quantity (oranges) Price (apples) Quantity (apples)
2010 $2 400 $2 300
2012 $3 800 $4 1200
Assuming that 2012 is the base year, real GDP in 2010 is _____ and nominal GDP in 2010 is _____.
a. $2,400; more than $2,400
b. $4,000; more than $4,000
c. $2,400; less than $2,400
d. $4,000; less than $4,000
e. none of the above
The price elasticity of supply is0.9 , and price increases by10 percent. As a result, the quantity supplied will increase by
enter your response here percent. (Enter your response as a real number rounded to one decimal place, and do not use a percentage sign.)
When price increases by 10 percent, the quantity supplied increases by nine percent.
What is the percentage increase in the quantity supplied?Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good. Price and quantity supplied have a positive relationship.
If the value of the price elasticity of supply is less than one, it means that supply in inelastic. Supply is inelastic if a small change in price has little or no effect on quantity supplied.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
percentage change in quantity supplied = percentage change in price X price elasticity of supply
0.9 x 10 = 9%
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While on a call with an emotional customer, the credit card they provide to purchase your service is declined by your system. They become even more agitated and swear it has the necessary funds. What would you do?
1. Advise the customer of the declined card and suggest they call back when they get things figured out so you can help them right away.
2. Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
3. Explain to the customer that their card was declined and ask them if they'd like you to try again using different card.
When the credit card provided by the customer gets decline then advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
In many instances the purchaser could be as mystified by the decline credit cards.The perfect element to do in the ones conditions is to really request a different form of payment through another credit card, an debit from the consumer's financial institution account, a test, or even cash.The upper threshold of costs you could placed on the cardboard. it is your bank's way of announcing you can not borrow any extra cash until you are making a fee.
It is essential to remember that a decline reaction means the card company is unable or unwilling to offer an authorization on the cardholder's account. It does no longer mean that there has been an blunders running the transaction. Card issuers decline transactions for plenty exclusive motives
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A frequently discussed topic in HR is whether organizations need to hire from within (their
own existing employees) or rely on external candidates (new applicants) for managerial roles.
What do you think? What may be some cons and pros of each strategy? How succession
management can be used as a tool to improve talent retention and employee engagement?
Based on the material covered, what would you suggest organizations do?
In many ways, internal recruitment should be your destination. Hiring from within the business is a sign of a successful organization and, as study indicates, internal hires cost less and tend to perform more useful than external hires.
Why is it that many communities preferred to hire internal workers enumerate and explain?
Internal recruitment promotes loyalty and can even enhance employee morale as it functions as a reward for existing employees. Also, it saves time and cash on training as the internal applicant will have more details of the organization and culture. It also donates to reducing employee turnover.
What is an internal prospect and an external candidate?
Internal hiring refers to hiring an existing employee for a different position within the community. External hiring refers to hiring a new prospect to fill a position in the organization.
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1. R 20 million of new investment has been added to the South African economy, the current MPS is
0.40, and tax rate (t) is 0.12. By how much will aggregate spending and income increase as a result of
the R20 million increase in investment spending (7 marks).
Answer:
Yes
Explanation:
because south Africa can't put the money on the side
As a result of the R20 million increase in investment spending, the aggregate spending and income will increase by R38.462.
What is income?
Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is difficult to define, and different fields may have distinct definitions.
When a new investment of R 20 million had been made with the aim of income increase in the South African economy, the current MPS is 0.40, and the tax rate (t) is 0.12.
Now the question that rises is what will be the aggregate spending and income increase as a result of the R20 million increase in investment spending. For this, the calculation will be as follow:
Multiplier will be = 1/ (MPS+MRT) = 1/(0.40 +0.12) = 1/0.52 = 1.923
Thus, the aggregate spending and income increment will be = R20 * 1.923 = R38.462.
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What are the differences between a hotel and a motel?
Answer:
The difference is that hotels have more rooms and floors so more people can fit. But motels have fewer floors and rooms.
______ refers to salaries and wages, as well as interest earned on savings and stock dividend payments.
Income refers to salaries and wages, as well as interest earned on savings and stock dividend payments.
What is income?Income serves as amount of money that is been generated by a company on a basis.
In this case, Income refers to salaries and wages, as well as interest earned on savings and stock dividend payments.
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) Organizations must balance good performance with responsibility to key three policies: social, economic and environmental.
Demonstrate how this relates to stores and inventory management. (5 marks)
(ii) Many firms are faced with the dilemma of adjusting to change of designs. In the worst case scenario, it would be too expensive to start new production, with the old inventory still in place.
Discuss an inventory workable solution to ensure future stock does not go to waste. (5 marks)
The information relates to inventory management as it's vital in tracking the purchase of sales of goods and services.
How to illustrate the information?It should be noted that organizations must balance good performance with responsibility to key three policies: social, economic and environmental.
This illustrates how they can help organizations identify the stock to be ordered and how to generate revenue.
An inventory workable solution to ensure future stock does not go to waste is to order smaller batches and get transparent with customers about the remaining inventory.
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Answer please business ethics and principles of marketing
Business ethics and principles of marketing
In recent years, the Business ethics literature has exploded in both volume and importance. Because of the sheer volume and diversity of this literature, a review article was deemed necessary to provide focus and clarity to the area. The present paper reviews the literature on business ethics with a special focus on marketing ethics.
Marketing principles are the most commonly used principles that are around since the 1960s, these principles stood the test of time and have remained the same - with a little variation here and there - for decades. Businesses follow these principles for a successful marketing strategy.
1. Product
Dmytro Tsybuliak search marketing expert, and co-founder of nitrate, states that product is one of the most crucial principles of marketing. The product can be either a good or a service you provide to customers. One important thing that often marketers ignore is to see the appeal of your product and market for it before deciding what you want to offer.
.2. Price
The price is the money the customer has to pay for the product or services they receive. There are two types of pricing, such as cost-oriented prices and market-oriented prices.
3. Place
Place refers to the process of bringing your products and services to the customers. The place is wherever your product or services are available for purchase and customers can buy them. It could be a brick-and-mortar store, an online website, or you can use multiple channels to reach a broader audience.
4. Promotion
Promotion is creating awareness for your products, services, company, and brand. All the ways a company uses to build awareness for their product and services are known as promotion. Promotion should give customers a reason to choose your product or service, as well as show the prospective customers the benefits of using your product. Promotion is the backbone of marketing and as crucial for businesses as the quality of the products they produce. It refers to communicating with the target audience through different channels and creating awareness for your product and services.
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Question 13
Which of the following does not describe a section of the U.S. Constitution?
O A general guideline of individual rights
O A general guideline of employment rights
It defines the division of powers with the federal government through checks and balances.
It defines the division of powers between the federal and state government.
A general guideline of employment rights
Explanation:The Consitution of the United States is the base for the entire government as well as the laws of the country.
Bill of Rights
The Consitution has a section commonly referred to as the "bill of rights." This section lists out 10 individual rights that everyone in the country has. Later, this section was amended further to add more rights.
Checks and Balances
Additionally, because the Constitution lays out the format of the government different sections bring up points on how to balance power. For example, Article II, Section 3 allows the president to be impeached if he abuses his power.
Division of Power
The USA follows federalism. This means that there is both a central government and local governments. In the Constitution, rules are in place to ensure that state governments maintain some power. For example, the tenth amendment gives power to the states.
Items Not in the Constitution
The Constitution's primary goal is to create a government and protect basic, individual rights. However, this does not include employment. While there are laws to protect employees and salaries, there are not any in the Constitution.
which one of the following is not an international governing body of a game /sports.
a)IAAF
b)VFI
c)FIH
d)FINA
VF I(Visual Field Index ) is not an international governing body of a game /sports.
What is a regular visual field index?The VFI can vary from 100% (normal visual field) to 0% (perimetrically blind field). The VFI is less sensitive than the MD to the effects of cataract or diffuse media opacities. VFI is intended for use in estimating rates of progression and staging glaucomatous functional injury.
What is an uncommon visual field test?A test that delivers visual field loss means that vision in some areas is not as sharp as normal. It could be just a small vision lost in a small area, or all vision lost in large spaces. The amount of vision lost and the areas involved are measured by the visual field test.
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Refer to the following supply and demand curve diagram.
a. Starting from an initial equilibrium at E, what shift or shifts in supply and/or demand could move the equilibrium price and quantity to each of points A through I?
b. Starting from an initial equilibrium at E, what would happen if both a decrease in the price of a substitute in production and an increase in income occurred, if it is a normal good?
c. Starting from an initial equilibrium at E, what would happen if both an increase in the price of an input and an advance in technology occurred?
d. If a price floor is imposed above the equilibrium price, which of A through I would tend to be the quantity supplied, and which would tend to be the quantity demanded? Which would be the new quantity exchanged?
e. If a price ceiling is imposed below the equilibrium price, which of A through I would tend to be the quantity supplied, and which would tend to be the quantity demanded? Which would be the new quantity exchanged?
Use long division to find the value of 1,875 - 15
Please Help soon
Reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?
The money multiplier can be used as an expansionary and also an expansionary tool by a given government.
What is an expansionary tool?As an expansionary tool, the money multiplier may be used to increase the amount of money supply that is in an economy. This would cause the interest rates to be low so that people would not have much benefits from saving their money.
As a contractionary toolThe money multiplier can be used to reduce the amount of money that is in circulation in a given economy. This would make people want to save more money in the bank because the interest rate is going to be raised.
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Roger Fox made deposits of $900 semiannually to Reed Bank at the end of each period, which pays 6% interest compounded semiannually. After seven years Roger made no more deposits. What will be the balance in the account eight years after the last deposit?
The balance in the account eight years after the last deposit is $24,676.68
What is an ordinary annuity?
Ordinary annuity means a fixed amount that would be paid over a period of time, with payments being made at the end of each period.
Like in this scenario, the $900 would be deposited every six months into the Reed Bank account for 7 years, in essence, our first task is to determine the balance in the account at the time of the last deposit in 7 years using the future value formula of an ordinary annuity as shown below:
FV=annuity payment*(1+r)^N-1/r
annuity payment=$900
r=semiannual interest rate=6%/2=0.03
N=number of semiannual payments in 7 years=7*2=14
FV=$900*(1+0.03)^14-1/0.03
FV=$900*(1.03)^14-1/0.03
FV=$900*(1.51258972485511-1)/0.03
FV=$900*0.51258972485511/0.03
FV=$15,377.69
The balance in the account eight years after the last deposit can be computed using the future value formula of single cash of $15,377.69
FV=PV*(1+r)^N
PV=balance at the time of the last deposit=$15,377.69
r=semiannual interest rate=6%/2=0.03
N=number of semiannual periods in 8 years=8*2=16
FV=$15,377.69*(1+0.03)^16
FV=$24,676.68
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what happens to the total quantity demanded when the price of the product rises above $50
When the quantity demanded rises above 50 dollars the quantity demanded would be less than 100 units.
Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
For example, if a consumer is hungry and buys a slice of pizza, the first slice has the highest utility or utility. Each additional part makes the consumer happier and the profit decreases. Theoretically, the first production can get a higher price from the consumer.
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For the small business, which of the following is a good way to prevent or detect fraud? Segregate duties. Owner involvement in the business. CPA Audit. Hire trusted employees only.
For a small business, a good way to prevent or detect fraud is B. Owner involvement in the business.
What is a small business?A small business can be defined as a privately owned corporation, partnership, or sole proprietorship with fewer employees and less annual revenue than a large business.
Five types of small businesses have been identified as follows:
Sole proprietorshipPartnershipCorporationS CorporationLimited liability company.Given the employment and revenue profiles of small businesses, they may not afford to detect or prevent fraud by the segregation of duties as required by internal controls.
Hiring CPA Auditors and trusted employees only cannot help small businesses prevent or detect fraud.
Thus, the best way for a small business to prevent or detect fraud is by the involvement of the owner in the business.
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Why does naira devalue ?
Demand pressures includes an increase in education FX outflows as that has increased from $500 million in 2015 to $6 billion in 2021, showing a massive growth in demand for dollars over a 6 year period,” he explained, establishing also that the lack of liquidity in the market was causing the naira's downfall.
Hope it helps !_____________________________________________
As we go from home operation to international operations, we can potentially receive a _______, but we can also see our ______ increase
As we go from home operation to international operations, we can potentially receive a rise in our costs, but we can also see our profits increase. This is about business expansion.
What is business expansion?
When a company reaches a certain point in its growth and starts looking for new ways to increase profits, that stage is known as business expansion.
Managing business growth or development is a challenge that successful firms and startups alike eventually encounter.
It is to be noted that while business expansion comes with possible potential increases in profit and net worth, incurring additional costs is a certainty.
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If an investment using the value implied by the median EV/EBITDA multiple from the comps is made at the transaction date, what is the implied IRR? Assume the terminal value is the average of the values determined using the perpetual growth rate and an EBITDA exit multiple.
Answer:9.12%
Explanation:
Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager. He is about to negotiate his new salary in the terms of his new position. He wants to be promoted to the assistant manager position because it pays more and requires a greater variety of responsibilities. He wants a raise of at least $5,000 because 1) He needs the money, too. 2) He thinks the job requires more work, responsibility, and headaches, so it should pay more, 3. He's heard a rumor that Wayne, who held this position before relocating to another store, was paid $5,000 more than cans current or salary; and 4. He thinks he deserves it. He is 28 years old and has a bachelor's degree in English literature. He always had an interest in going back to school and getting a master's degree (although he's not sure what subject to pursue). Money has been an obstacle to a graduate-level education. His only source of funds is what he makes as sane wait, and he really doesn't want and can't afford to take out any more loans. Ken lives in a modest but comfortable studio apartment with his fat cat, Margo. The apartment is at least 45 minutes away by car from the saying waste or where he is currently working, there is no easily accessible public transportation. He has recently traded in his beat-up Volkswagen Bug for a new Toyota pickup truck. Identify the relevant parties: if you are The Negotiator in the person you are dealing with directly as the counterpart please identify the names of others who may be significantly affected by the outcome of this negotiation. Start with the people on your side who may care about the outcome, these parties would be identified as to constituents friends family boss and others. Next identify people that would be on the counterpart side who may care about the outcome and identify their constituents friends, family
The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.
Who is a manager?It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.
In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.
In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.
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A project's internal rate of return (IRR) is the
-Select-
that forces the PV of its inflows to equal its cost. The IRR is an estimate of the project's rate of return, and it is comparable to the
-Select-
on a bond. The equation for calculating the IRR is:
CFt is the expected cash flow in Period t and cash outflows are treated as negative cash flows. There must be a change in cash flow signs to calculate the IRR. The IRR equation is simply the NPV equation solved for the particular discount rate that causes NPV to equal
-Select-
.
The IRR calculation assumes that cash flows are reinvested at the
-Select-
. If the IRR is
-Select-
than the project's risk-adjusted cost of capital, then the project should be accepted; however, if the IRR is less than the project's risk-adjusted cost of capital, then the project should be
-Select-
. Because of the IRR reinvestment rate assumption, when
-Select-
projects are evaluated the IRR approach can lead to conflicting results from the NPV method. Two basic conditions can lead to conflicts between NPV and IRR:
-Select-
differences (earlier cash flows in one project vs. later cash flows in the other project) and project size (the cost of one project is larger than the other). When mutually exclusive projects are considered, then the
-Select-
method should be used to evaluate projects.
Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 11%.
0 1 2 3 4
Project A -1,050 600 360 300 290
Project B -1,050 200 295 450 740
What is Project A’s IRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is Project B's IRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
If the projects were independent, which project(s) would be accepted according to the IRR method?
-Select-
If the projects were mutually exclusive, which project(s) would be accepted according to the IRR method?
-Select-
Could there be a conflict with project acceptance between the NPV and IRR approaches when projects are mutually exclusive?
-Select-
The reason is
-Select-
Reinvestment at the
-Select-
is the superior assumption, so when mutually exclusive projects are evaluated the
-Select-
approach should be used for the capital budgeting decision.
A project's internal rate of return (IRR) is the discount rate that that forces the PV of its inflows to equal its cost.
What is an internal rate of return?The internal rate of return is an estimate of the project's rate of return, and it is comparable to the YTM on a bond. The equation for calculating the IRR is the difference between the current or expected future value and the original beginning value, divided by the original value and multiplied by 100.
In conclusion, the internal rate of return is the average rate of return for the project per year.
What is a cash flow time?This refers to the expected cash flow in Period t and cash outflows are treated as negative cash flows.
Hence, there must be a change in cash flow signs to calculate the IRR. The IRR equation is simply the NPV equation solved for the particular discount rate that causes NPV to equal zeroThe IRR calculation assumes that cash flows are reinvested at the IRR.If the IRR is greater than the project's risk-adjusted cost of capital, then the project should be accepted; however, if the IRR is less than the project's risk-adjusted cost of capital, then the project should be rejected.
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Which of the following is considered a stage of the new-product development process
Idea screening is considered a stage of the new-product development process.
What is New product development ?New product development entails the bringing up an original product idea to market.
The seven stages of New product development are :
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Last year Wei Guan Inc. had $795 million of sales, and it had $265 million of fixed assets that were used at 65% of capacity. In millions, by how much could Wei Guan's sales increase before it is required to increase its fixed assets? Do not round intermediate calculations.
The sales revenue can increase by $428.08 million without an increase in fixed assets.
What does 65% capacity mean?
65% capacity means that the company is currently using only achieving 65% of sales it could have achieved with its current fixed assets, in other words, the existing assets can still accommodate more production which would increase sales to 100% capacity before additional investment in fixed assets is required.
This means that increase in sales revenue that could be achieved using existing assets is sales revenue at 100% capacity minus the level of sales which is only 65% of the optimum level.
65% capacity sales revenue=100% capacity sales revenue*65%
65% capacity sales revenue= $795 million
100% capacity sales revenue=unknown(assume it is X)
$795 million=X*65%
X=$795 million/65%
X=100% capacity sales revenue=$1223.08 million
increase in sales=$1223.08 million-$795 million
increase in sales=$428.08 million
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Economic theories are founded on the idea that economic fluctuations are driven by ______.
Answer:
the answer is Supply and Demand
Explanation:
the two factors that mainly contribute to the resource allocation, distribution and price levels are Supply and Demand.
that is,
at any given time, how many are demanding for a resource/product/service and how many are wiling to supply.
note that there are many other factors that affect this, yet supply and demand are the basic ones.
hope this helps!
Answer:
Economic Shocks
Covariance is best described as
Covariance is best described as a feature which allow for the substitution of subtype with its supertype.
What is covariance?When two or more variables that are continuous have common factors, such is termed covariance hence could be positive, negative or zero.
In other words, covariance indicates the relationship of two variables whenever one variable changes. If an increase in one variable results in an increase in the other variable.
Covariance is what gives or shows the joint relationship between two random variables.
If covariance is positive, it means that the variables move togetherIf it is negative, it means the variables don't move together.If covariance is zero, it shows there's no relationship between the variables.Learn more covariance here: https://brainly.com/question/16889222
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some crypto exchanges allow their customers to employ leverage and why is this not a good idea , acording to Fool proof what best decribes this sentence
Allowing customers to employ leverage is a risky job as leverage works both ways our cash account is down 10% if bitcoin goes the opposite way, from $30,000 to $27,000. However, if we were using a 10:1 leverage, our margin deposit is now gone. A decrease results in a margin call for our account and a demand for extra funds.
How leverage on crypto works:
If we want to possess 1 crypto for $30,000, we have two options: we can either purchase it in our cash account for $30,000 or we can purchase it in our margin account with 10x leverage and a $3,000 margin deposit. The remaining balance of the transaction in our margin account is provided by a loan of $27,000.
If BTC increases by $3,000 to $33,000, we will make a 10% profit in our cash account after deducting any expenses.
The margin account, on the other hand, has a profit of 100% less any costs once the loan is repaid and the interest on the loan.
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Paul's behavior is not unethical is that the information is first-
hand and factual, and
a. Paul's first duty is to his employer
b. Paul may be able to advance his own career
C. no one will ever know
d. the other supervisor was bound to find out anyway
Paul's behavior is not unethical is that the knowledge is first-hand and real, and Paul may be able to advance his own career
What is an unethical person?lacking moral principles; forced to adhere to proper rules of conduct. not in accordance with the standards of a profession: She treated patients beyond the area of her training, and the proper medical organization disciplined her unethical behavior.
What is an instance of unethical?Someone fibs to their spouse about how much cash they spent. A teenager fibs to their parents about where they were for the evening. An employee robs cash from the petty money drawer at work. You lie on your outline in order to get a job.
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The Government increases government spending by $1 billion on goods and services, $3 billion on increased subsidies of pre-school children and increases taxes by $2.5 billion. What is the net effect of these changes if the marginal propensity to withdraw is 20 percent? (repeat the exercise if the MPW is 60%). Had the government wanted to get the same impact through buying goods and services, what would it have to increase the spending on goods and services. Show your work and your answer. In a paragraph or two what other impacts (positive or negative) might this decision have on the economy?
The net effect of these changes in the expenditure if the marginal propensity to withdraw is 20 percent is that the consumer spending will rice.
How to illustrate the information?In Keynesian macroeconomic hypothesis, it illustrates the impact of the monetary improvement spending.
If the government wanted to get the same impact through buying goods and services, the thing to do to increase the spending on goods and service is to reduce taxes and increase its expenditure.
The impacts that this might this decision have on the economy is that it will enhance globalization and and increase in the standard of living.
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If aggregate demand shifts to the left by $400 billion and aggregate supply is upward-sloping, then real output will decrease by.
Answer:
will decrease by $400 billion and the price level will fall
Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from DVDs is 20 and from books is 2.Each DVD costs $6 , and each book costs $1 Is he maximizing his utility? Explain
Yes we can conclude that Paul is maximizing his utility.
How to solve for the utilitymarginal utility of good b = MUb
price of good b = Pb
marginal utility of good d = MUd
price of good d = Pd
MUb / Pb = 20/6 = 3.33
MUd / Pd = 2/ 1 = 2
(MUb / Pb) > (MUd / Pd)
This is given that 3.33 is greater that 2.
Hence we have to say that he is maximizing his utility given that 3.33 is greater than 2.
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what situation can the communication form could best be used
Communication exists as "an apparent response to the painful divisions between self and other, private and public, and inner-thinking and outer earth."
What is communication?Communication exists as "an apparent response to the painful divisions between self and other, private and public, and inner-thinking and outer earth."Communication exists as the act of providing, obtaining, and sharing information -- in other words, talking or writing, and listening or reading. Good communicators attend carefully, speak or write clearly, and appreciate diverse opinions.
Good communication skills are essential to permit others and yourself to understand statements more accurately and quickly. In contrast, poor communication skills guide to frequent misconceptions and frustration.Effective communication exists in the process of exchanging ideas, thoughts, beliefs, facts, and data so that the message stands accepted and understood with clarity and purpose. When we communicate effectively, both the sender and receiver sense comfort.
When organizing and operating a value-added business, disagreements can appear among board members or project managers over how to solve troubles fronting the project or business. Utilizing good communication skills can support the group find solutions.Good communication skills can enhance the way that you use them through life, smoothing your way in your associations with others. Poor communication skills, on the other hand, can sour connections from company to personal, and make your life extremely harder.
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Verbal communication is pleasingly used when something has to be concerned in detail or when someone has to be complimented or reprimanded. Verbal communication makes the conveying of opinions faster and easier and is the most flourishing method of communication.
What are the conditions of communication being used?Verbal Contact. Verbal communication occurs when we engage in communicating with othersNon-Verbal Communication. What we do while we talk often says more than the exact words.Written Contact. Hearing. Visual Contact. What is the most familiar form of communication we commit in?
Talking is often seen as the most ordinary method of communication but most communication is silent. Gestures, tone of voice, grins, frowns, shrugs, nods, moving away or closer, striking arms and portions tells us far more than words.
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