When the government do redistribution they use Prof. Mankiw's 10 Principles of economy, which explained how an economy work in a manner that help to optimize goals with the help of 10 Principles of economy.
The following are the 10 Principles of economy that government uses while redistribution:
1. People face trade-offs
2. The cost of something is what you give up to get it
3. Rational people think at the margin
4. People respond to incentives
5. Trade can make everyone better off
6. Markets are usually a good way to organize economic activity
7. Governments can sometimes improve market outcomes
8. A country's standard of living depends on its ability to produce goods and services
9. Prices rise when the government prints too much money
10. Society faces a short-run tradeoff between Inflation and unemployment.
Learn more about government's redistribution here:
https://brainly.com/question/24960827
#SPJ4
Assume that if there were no crowding out, an increase in government spending would increase gdp by $100 billion. if there had been partial crowding out, however, then gdp would have:__________
increased by less than $100 billion.
According to the crowding-out effect of expansionary fiscal policy, when the economy is operating at full capacity, a rise in additional public sector spending results in a decrease in private sector spending. Tax increases and bond borrowings are the two main ways that the government pays for spending.
The decrease in private sector investments brought on by higher public sector spending is explained by the crowding-out effect. This means that when a country's economy is operating at capacity, increasing government spending could hurt the private sector. Government spending that exceeds normal levels can lead to an increase in indebtedness on the part of the government.
Learn more about crowding-out here:
https://brainly.com/question/19130317
#SPJ4
What two issues must be considered when putting together a firm's promotional mix?
What is the promotional mix?
The cost-effective mixture of public relations, sales promotion, direct marketing, advertising, and personal selling tactics is known as the promotional mix.
What is the importance of a promotion mix?
A major strategy for communicating a pertinent promotion message via the best medium for each segment is to use a promotion mix, increases client communication, Companies create a promotion mix to understand their target audience. When properly prepared, it contributes to the development of customer trust in the brand.
Learn more about Promotion mix: https://brainly.com/question/20879094
#SPJ4
Some economies rely on a(n) ______system--one in which people have to trade one item for another.
Answer is barter economy.
A cashless economy in which services and products are exchanged at specified rates is known as a barter economy. Barter economies are among the oldest, predating both on the monetary systems and the recorded history. Barter could be used successfully in practically almost every field.
Barter is a kind of commerce in which products and services are exchanged directly for one another without the use of money as a middleman. A farmer, for instance, would trade the bushel of wheat for a the pair of shoes from the shoemaker. Back about 6000 BC, Mesopotamian tribes were most likely the origins of the bartering system.
Therefore, the answer is barter economy.
To know more about barter system click here:
https://brainly.com/question/1296806
#SPJ4
Each stage of the vertical value chain typically represents a distinct ________ in which a number of different firms are competing.
Each stage of the vertical value chain typically represents a distinct industry in which a number of different firms are competing.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Industries are usually classified according to the goods and services they produce. For example, the pizza industry includes all producers who produce pizza and sell it on the market. It is important to note that in order for a pizza maker to belong in the pizza industry, the products they make must be marketed.
Learn more about industry here:https://brainly.com/question/26373150
#SPJ4
A zero-day vulnerability has been found in an e-commerce website used to purchase electronics. Neither the website owner nor the general public knows about the vulnerability; it was discovered by a computer security specialist making a purchase. What should the specialist do
The thing that the specialist should do is C. Privately share their findings regarding the zero-day vulnerability with the e-commerce company.
What is E commerce?It should be noted that e-commerce (electronic commerce) simply means the buying and selling of goods and services, as well as the transmitting of funds or data, through an electronic network.
In this case, a zero-day vulnerability has been found in an e-commerce website used to purchase electronics.
Therefore, its important to privately share their findings regarding the zero-day vulnerability with the e-commerce company.
Learn more about commerce on:
https://brainly.com/question/23369154
#SPJ1
Complete question
A zero-day vulnerability has been found in an e-commerce website used to purchase electronics. Neither the website owner nor the general public knows about the vulnerability; it was discovered by a computer security specialist making a purchase. What should the specialist do?
A. Make a report of the zero-day vulnerability and launch it to the public to make them aware
B. Be a broker and sell this zero-day vulnerability to the potential buyers so that they can decide for themselves what to do with it.
C. Privately share their findings regarding the zero-day vulnerability with the e-commerce company.
D. Ignore it; it is not the specialist's job to alert the website's owner about the vulnerability
A good source for the practitioner to gain an understanding of unfamiliar areas of the tax law is through?
A good source for the practitioner to gain an understanding of unfamiliar areas of the tax law is a tax treatise.
Tax law or sales law is a place of prison study in which public or sanctioned authorities, such as federal, country, and municipal governments (as within the case of us) use a body of policies and strategies (laws) to assess and collect taxes in a legal context.
In broader terms, there are two forms of tax law namely, direct taxes and oblique taxes. The implementation of each tax differs. You pay a number of them immediately, like the cringed income tax, corporate tax, wealth tax, etc., even as you pay a number of the taxes not directly, like sales tax, provider tax, price added tax, and so forth.
Tax law or sales law is an area of prison study in which public or sanctioned governments, along with federal, kingdom, and municipal governments use a frame of policies and techniques to evaluate and accumulate taxes in a legal context.
Learn more about tax law herehttps://brainly.com/question/21274126
#SPJ4
The proportion of assets that are financed with debt can be calculated using the ________ ratio
The proportion of assets that are financed with debt can be calculated using the debt ratio.
The phrase "debt ratio" refers to a financial ratio that assesses how much leverage a business has. The ratio of total debt to total assets, represented as a decimal or percentage, is known as the debt ratio.
The percentage of a company's assets that are financed by debt is one way to understand it.
An asset-to-asset ratio greater than 1 indicates that a significant portion of a firm's assets are financed by debt, which indicates that the corporation has more liabilities than assets.
If interest rates abruptly increase, a company with a high ratio may be at risk of loan default. A ratio lower than 1 indicates that equity funds a larger proportion of a company's assets.
To learn more about Debt Ratio here
https://brainly.com/question/14553933
#SPJ4
What amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible?
ZERO amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible.
( Because the deductible exceeds the loss or the damage. The loss is $425 and the deductible is $ 500, so here the deductible exceeds the loss hence the insurance company will not pay anything).
People like you pay premiums to insurance companies to cover potential losses related to their property. Insurance companies receive these premiums and aggregate them into money pools. These funds are available to cover losses incurred by pool members.
When you report a car accident to the insurance company, the insurance company will send an adjuster to assess the damage. The expert's first task is to decide whether to classify the vehicle as a total loss. Assuming the vehicle is a total loss, the expert performs a valuation and assigns a value to the vehicle.
Learn more about vandalism at
https://brainly.com/question/13646632
#SPJ4
Which scheduling technique should be employed when due dates are important for a job order?
Backward scheduling is the scheduling technique that should be employed when due dates are important for a job order.
What is backward & forward scheduling?
Working forward from the commencement date is how forward scheduling is done. When planning backward, you start with the target completion date. Even if capacity is available, you might not be able to begin a job right away using backward scheduling. All tasks are scheduled backward from the end date.
Who uses backward scheduling?
Forward scheduling is typically used by make-to-stock manufacturers while backward scheduling is an option for make-to-order manufacturers (as well as those that make to stock by a sales projection). These two scheduling strategies can, however, also be combined. For various circumstances, businesses can employ a variety of approaches.
Learn more about scheduling: https://brainly.com/question/17116931
#SPJ4
If there were no asymmetry in the information that a borrower and a lender had, could there still be a moral hazard problem?
Yes, if there were no asymmetry in the information that a borrower and a lender had, there could still be a moral hazard problem.
There could still be a moral hazard problem if there were no asymmetry in the information that a borrower and a lender had. This is because even if you know that a borrower is taking actions that might jeopardize paying off the loan, you must still stop the borrower from doing so.
Moral hazard problem usually occurs when there is asymmetric information between two parties, such as borrowers and lenders, and a change in the behavior of one party occurs after an agreement between the two parties is reached.
Hence, to learn more about Moral hazard here:
https://brainly.com/question/26367615
#SPJ4
We can measure the profit earned by a firm in a perfectly competitive industry as:________
We can measure the profit earned by a firm in a perfectly competitive industry as Marginal Revenue.
What is Marginal Revenue?The additional revenue generated by the sale of one more unit of output is known as marginal revenue (MR).Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.According to economic theory, firms that are completely competitive keep on producing goods until marginal revenue and marginal cost are equal.If a business wants to maximize its profits, it will produce until marginal cost equals marginal income.Businesses often conduct a cost-benefit analysis and stop production when marginal revenue is less than marginal cost.To know more about marginal revenue with the given link https://brainly.com/question/13383966
#SPJ4
When a firm is producing the quantity where the price is equal to the marginal cost of producing additional goods, the firm can be described as________.
When a firm is producing the quantity where the price is equal to the marginal cost of producing additional goods, it is known as allocative efficiency.
How do you explain marginal cost?
The additional cost to create each additional unit is referred to as marginal cost. For instance, ten cups of coffee might cost $10 to produce. Another would cost $0.80 to produce. As a result, that is the marginal cost, or the extra expense incurred to generate one additional unit of output.
What does the marginal cost formula?
Total Cost of Production minus Total Cost of Production of a Standard Unit equals Change in Total Cost. Change in Quantity is calculated as Total Quantity Product minus Total Quantity Product of Additional Unit.
Learn more about marginal cost: https://brainly.com/question/7781429
#SPJ4
The difference between the standard cost of a product and its actual cost is called a variance.
a. true
b. false
The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.
What is the objective of variance?Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.
To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.
Therefore, the statement is True.
Learn more about Variance, here:
https://brainly.com/question/16269880
#SPJ1
Davis company purchased inventory on account. assuming davis is using the periodic inventory method recognizing this event will?
Davis Company sold inventory on account. Assuming Davis is using the periodic inventory method recognizing this event will increase the balance in the accounts receivable account.
The periodic inventory system is a method of inventory valuation for financial reporting purposes in which a physical count of the inventory is performed at specific intervals. This accounting method takes inventory at the beginning of a period, adds new inventory purchases during the period and deducts ending inventory to derive the cost of goods sold (COGS).
The cost of goods sold, commonly referred to as COGS, is a fundamental income statement account, but a company using a periodic inventory system will not know the amount for its accounting records until the physical count is completed.
To know more about periodic inventory system here
https://brainly.com/question/15432296
#SPJ4
Anita sells stuffed bunnies and puppies to a toy store. she sells each bunny for $8.00 and each puppy for $10.00. this week, anita wants to sell more than 30 stuffed animals and needs to earn a minimum of $450. which system of inequalities can anita use to determine the number of stuffed bunnies, x, and stuffed puppies, y, that she can sell to meet her goals?
The correct answer is x + y > 30 8x + 10y ≥ 450.
What exactly is inequality?
An inequality exists when two or more expressions are not equal and there is a greater than (>), greater than or equal to (≥), less than (<), or less than or equal to (≤) sign between them.
How can Anita figure out how many stuffed bunnies she can sell to achieve her objectives? What system of disparities may she use?
In accordance with the issue,
Each rabbit costs $8.00.
Each puppy costs $10.00.
If there are x stuffed rabbits, then there are also y stuffed puppies. The sum of the money that Anita will make is equal to 8x + 10y.
Anita wants a minimum salary of $450, which is 8 times plus 10 years.
Once more, the issue is that Anita wants to sell more than 30 plush animals. x + y ≥ 30.
Therefore, x + y > 30 8x + 10y ≥ 450.
Learn more about inequalities with the help of the given link:
brainly.com/question/24372553
#SPJ4
Public goods are a. excludable, do people have an incentive to be free riders. bnot excludable, do people do not have an incentive to be free riders. c. excludable, so people do not have an incentive to be free riders. d. not excludable, so people have an incentive to be free riders.
Answer:not excludable, people have an incentive to be free riders
Explanation:
Requirement 2. if the sales mix is maintained, what is the total contribution margin when units are sold? what is the operating income?
The operating income is located inside the earnings statement. on top of the assertion cost of goods sold (COGS) is subtracted from revenue to locate gross profit.
It's miles the income that an employer profits/losses from its core operations of their business. for example, Ashok Leyland business enterprise is in the enterprise of manufacturing automobiles i.e. vehicles, Busses, mild vehicles, services & Sale of spare parts for their center merchandise (i.e. motors they manufacture), and so on.
Operating charges are indexed next and are subtracted from the gross profit. the amount final in spite of everything working charges are subtracted is the running income.
Operating income is sales less any operating expenses, whilst net earnings are running earnings much less every other non-working cost, together with interest and taxes. operating profits include prices which include selling, popular & administrative charges (SG&A), and depreciation and amortization.
Non-working earnings are part of an enterprise's profits this is derived from activities now not related to its middle commercial enterprise operations. it is able to include objects which include dividend profits, income, or losses from investments, in addition to gains or losses incurred by way of forex and asset write-downs.
Learn more about operating income here: https://brainly.com/question/25895372
#SPJ4
In terms of financial intermediation, the couple who went to a bank and took out a $200,000 loan to buy a new house is an example of a?
In terms of financial intermediation, the couple who want to a bank and took out a $200,000 loan to buy a new house is an example of a demander of funds.
A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction, such as a commercial bank, investment bank, mutual fund, or pension fund. Financial intermediaries offer a number of benefits to the average consumer, including safety, liquidity, and economies of scale involved in banking and asset management.
Although in certain areas, such as investing, advances in technology threaten to eliminate the financial intermediary, disintermediation is much less of a threat in other areas of finance, including banking and insurance.
A non-bank financial intermediary does not accept deposits from the general public. The intermediary may provide factoring, leasing, insurance plans, or other financial services. Many intermediaries take part in securities exchanges and utilize long term plans for managing and growing their funds. The overall economic stability of a country may be shown through the activities of financial intermediaries and the growth of the financial services industry.
To know more about financial intermediary here
https://brainly.com/question/12331662
#SPJ4
If a tax is levied on the sellers of a product, then the demand curve will a. become flatter. b. not shift. c. shift up. d. shift down.
If a tax is levied on the sellers of a product, then the demand curve will become flattered.
Option A. becomes flattered.
If a tax is levied on sellers of a product, then the supply decreases, the supply curve will shift to the left. The demand curve will not shift. This is shown in the following figure;
S+tax Price E1 pl p 0 q1 q Quantity х
In the above figure, the x-axis shows quantity and the y-axis shows the price. D is the demand curve and S is the supply curve. As a result of the tax, the supply curve will shift to the left. The price increases from p to p1 and quantity decreases from q to q1.
Learn more about levied at
https://brainly.com/question/3853375
#SPJ1
What must be true about combinations of labor and capital along a given isoquant?
When there is a combination of labor and capital along a given isoquant they all must produce the same amount of output.
An isoquant in economics is a curve that, when plotted on a graph, indicates all the mixtures of two factors that produce a given output. Frequently used in manufacturing, with capital and labor as the 2 factors, isoquants can display the optimal combination of inputs that will produce the maximum output at a minimal price.
A production function describes the maximum output that can be done with any given combination of inputs. An isoquant identifies all of the different combinations of inputs that can be used to produce one particular level of output.
The least cost combination occurs when a company adjusts its employment of resources to minimize prices. The least cost combination is found in which the marginal product per dollar for all the resources a company employs is equal.
Learn more about production function here brainly.com/question/13564389
#SPJ4
__________ involves a wide variety of computing sites outside the organization's primary facility and includes all forms of telecommuting.
Remote site computing involves a wide variety of computing sites outside the organization's primary facility and includes all forms of telecommuting.
Remote access is the ability for an authorized person to access a computer or the network from a geographical distance through a network connection i.e. from the remote location.
Remote access enables the users to connect to the systems needed by them when they are physically far away. This is very important for the employees who work at branch offices and are are traveling or telecommute.
Remote access enables different remote users to access files and other system resources on any devices or servers which are connected to the network at any time. This increases employee productivity and enables employees to collaborate in a better way with colleagues around the world.
To learn more about remote site computing here:
https://brainly.com/question/14951054
#SPJ4
What type of data clarifies the order of causality between mobile phone adoption and income growth?
The microeconomic type of data clarifies the order of causality between mobile phone adoption and income growth. Because the relationship between two particular units is going to study here. Therefore, we need to analyze a micro-economic variable.
Here we are going to study the behavior of particular item mobile phone adoption with income growth. For this purpose, the researcher divide the entire economy into smaller groups and each unit was analyzed detailedly.
To calculate revenue increase as a percent, you subtract the previous length's sales from the contemporary length's sales, after which divide that number with the aid of the previous period's sales. So, in case you earned $1 million in revenue closing year and $2 million this yr, then your boom is a hundred percent.
Economic growth – measured as the growth of people's real income – approaches that the ratio between people's profits and the costs of what they should purchase is increasing: items and services turn out to be more low priced, and people grow to be much less poor.
Learn more about Economic growth here: https://brainly.com/question/1690575
#SPJ4
What is the insurance term the State of California uses for an insurer that is eligible to transact business in this state ?
Admitted is the insurance term the State of California uses for an insurer that is eligible to transact business in this state.
Insurance is protection against financial loss. It is a form of risk management used primarily to hedge the risk of potential or uncertain losses.
Companies that provide insurance are known as insurers, insurers, insurers, or underwriters. The person or entity that purchases the insurance is called the policyholder, and the person or entity covered by the policy is called the insured person. Policyholder and insured are often used synonymously but are not always synonymous as coverage may extend to additional insured persons who do not have insurance. In an insurance transaction, the policyholder accepts a guaranteed, known, and relatively small loss in the form of payment (premium) to the insurance company. This is in exchange for the insurer's promise to compensate the insured in the event of a covered loss. Losses may or may not be monetary, but must be reducible in monetary terms. In addition, it is usually something to which the insured has rights based on ownership, ownership, or preexisting relationship.
Learn more about Insurance here: https://brainly.com/question/16810465
#SPJ4
According to pmi’s agile’s practice guide, which roles are considered appropriate agile roles?
Traditional predictive project management and the PMI's Project Management Body of Knowledge remain inextricably linked, notwithstanding changes made in the Sixth Edition (PMBoK).
Concerns for Agile/Adaptive Environments are covered in each of its 10 Knowledge Areas. But generally, they are only two or three paragraphs long. The primary goal is raising awareness.
The organization's own Agile Project Management qualification is designated as a PMI Agile Certified Practitioner (PMI-ACP). The PMI-ACP is also the certification with the fastest growth.
Instead of calling Scrum a methodology, Schwaber refers to it as a framework. This is mainly because many people associate the word "methodology" with being prescriptive in character.
To learn more about PMI's here
https://brainly.com/question/17460312
#SPJ4
You are an employee for an independent bookstore called Alexandria. Your boss and Alexandria's owner, Frank Miltner, has owned the store for almost thirty years. Frank is worried about his company's ability to compete with online booksellers. He wants to develop a social media presence and use it to help Alexandria connect with customers in the modern market, but he has no idea how to make that happen. It's up to you! Frank begins by asking, "This social media stuff is all free, right? It won't affect our budget?"How do you reply?
Answer:
id leave and go play with my monkey game, because my doctor said I need Legos to go upside down and eat burger king because my foot fell off last year
Jasper makes a $92,000, 90-day, 7ash loan to clayborn co. jasper's entry to record the transaction should be:______.
Jasper's entry to record the transaction should be Debit Notes Receivable for $92,000; Credit Cash $92,000
A debit notice is a report utilized by a seller to inform the client of modern-day debt duties, or a document created by a consumer when returning goods obtained on credit.
Debit note is a document which displays that a debit is made to the alternative celebration's account. credit score note is an device used to inform that the alternative birthday party's account is credited in his books.
Explanation:-
When Jasper makes a loan to Clayborn it is an asset in the books of Jasper therefore when increasing asset Debit Note Receivable at the same time the loan is given by cash therefore another asset cash will decrease hence Credit Cash.
Hence, All other options are incorrect
Learn more about transaction here:-https://brainly.com/question/24835236
#SPJ4
Material requirements plus an allowance for normal inefficiencies are added together to determine the.
Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard
What are quality standards ?
Quality standards are sets of good management practices, methods, systems, requirements, and/or specifications established by industry advisory groups to help manufacturers achieve and demonstrate consistent production and product quality.
A quality standard is a detail of the requirements, specifications, the various guidelines and characteristics to be able to meet its quality by the product in order to meet the purpose of the product, process or the service. ISO international standards are the most widely accepted set of quality standards adopted by majority of firms across countries. In case if a company fails to meet its quality standards
Advantages of Quality Standards :
Advantages of having quality standards in a manufacturing company are:
1. It helps save costs & improves productivity.
2. Increases customer satisfaction with high quality products & services.
3. Sets minimums standards of quality for processes, products & services.
4. Maintaining quality standards increases safety of workers.
5. Good communication enables smooth flow of operations & avoid mistake repetition.
Learn more about Quality standards:
brainly.com/question/14810127
#SPJ4
A registration application in a state filed by an investment adviser becomes effective?
Registration of an investment adviser in a State automatically registers any investment adviser representative that is a partner of the investment adviser.
State registration applicationsState registration applications for a investment adviser must enclose:
•The applicant's form and location of the organization;
•The applicant's suggested method of interchange;
•The credentials and business record of the applicant and each of its partners;
Named in the registration information for an investment adviser are the members, officers, and directors to the adviser. These individuals do not have to make a different investment adviser agent filing in the State. However, any person who sells advisory services; or solicits the investment of an advisory business; must register as an IA rep. Clerical or ministerial workers do not have to be registered with the State.
To learn more about investment adviser visit the link
https://brainly.com/question/20383921
#SPJ4
According to Arlie Hochshild the unpaid labor inside the home that is often expected of women after they get home from working at paid labor outside the home is refered to as the __________ __________
Arlie Hochshild states that a Second shift means the unpaid labor inside the home that is often expected of women after they get home from working at paid labor outside the home.
What is a Second shift?The term "Second shift" is coined by sociologist Arlie Hochschild and It refers to the household and childcare duties that follow the day's work for pay outside the home.
It further emphasizes that while both men and women experience the second shift, women tend to shoulder most of this responsibility.
Therefore, in accordance to Arlie Hochshild view, he sees any unpaid labor inside the home that is often expected of women after they get home from working at paid labor outside the home to mean a Second shift.
Read more about Second shift
brainly.com/question/27149349
#SPJ1
What evaluates industry attractiveness? Select one:
a. The Five Forces Model b. SWOT Analysis
c. Three Generic Strategies
d. Value Chain Analysis
The Five Forces Model evaluates industry attractiveness.
An industry is a sector of the economy that produces a set of closely related raw materials, goods, or services. For example, we can mention the timber industry or the insurance industry.
Industries are usually classified according to the goods and services they produce. For example, the pizza industry includes all producers who produce pizza and sell it on the market. It is important to note that in order for a pizza maker to belong in the pizza industry, the products they make must be marketed.
Learn more about industry here:https://brainly.com/question/26373150
#SPJ4