Questions posted in Business

Assume that a hypothetical economy with an mpc of 0.75 is experiencing severe recession. by how much would government spending have to rise to shift the aggregate demand curve rightward by $40 billion

When finance people talk about MPC, they refer to the Marginal Propensity to Consume. This is the ratio of the change in consumption to the change in income. When you plot income against consumption or spending, the slope is the MPC. In equation, it is:

MPC = ΔConsumption/ΔIncome

In this problem, MPC is 0.75 and ΔIncome is $40 billion. Therefore,

0.75 = ΔConsumption/$40 billion
ΔConsumption = $30 billion

Thus, the rise in government spending should be by $30 billion in order to achieve a MPC of 0.75.

ANSWERED AT 18/11/2019 - 03:33 AM


QUESTION POSTED AT 18/11/2019 - 03:33 AM

Which clause protects proceeds from creditors of the beneficiary?

The answer is spendthrift clause. It is a trust that is produced for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary usually cannot reach the money in the trust, and the funds are not actually under the control of the beneficiary. Also,  it prevents the beneficiary's reckless spending of benefits.

ANSWERED AT 18/11/2019 - 03:32 AM


QUESTION POSTED AT 18/11/2019 - 03:32 AM

The conclusion of adaptive expectations theory is that expansionary monetary and fiscal policies intended to reduce the unemployment rate are

Adaptive expectation theory concludes that the policies are useless in the long run. This conclusion is based on the observation that after a short run reduction in unemployment, the economy will resets its self to the natural rate of unemployment but at a higher inflation rate. This results in no long run improvement in inflation and unemployment. 

ANSWERED AT 18/11/2019 - 03:32 AM


QUESTION POSTED AT 18/11/2019 - 03:32 AM

When does the appraisal process begin? a. when the manager defines performance standards for an employee b. after the manager observes the employee's performance c. as soon as the employee begins working?

The appraisal process is a procedure of which a higher authority or someone authorized to assess the abilities and the performance of the employees. In the choices above, it begins in letter a, when the manager defines performances standards for employees because this is considered to be an orientation for the employees of which they should apply before the assessing starts. Once they have ingested the performances standards, the assessing begins, or the so called appraisal process.

ANSWERED AT 18/11/2019 - 03:32 AM


QUESTION POSTED AT 18/11/2019 - 03:32 AM

Your parents surprise you with a $500 check. as a result, the u.s. gdp decreases because you have to pay taxes on this income. remains unchanged because it was counted when your parents earned it. decreases because you will spend it on useless goods. increases because this is unexpected income to you.

I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as  a bulk measure of production that is equal to the sum of all gross values of all units involved in production.

ANSWERED AT 18/11/2019 - 03:29 AM


QUESTION POSTED AT 18/11/2019 - 03:29 AM

How do oligopolies influence market inefficiencies?

Oligopolies are inefficient as they do not produce the highest overall utility for the society. Since the market of sellers is few they limit the number of products being sold/made in order to limit their cost but increase their profit per unit. This results in the firm's producing the goods to gain more of the utility generated by the market and the consumers receive something much less. The loss of the consumers then out weighs the gain of the producers hence the total utility of the system is lower. 

ANSWERED AT 18/11/2019 - 03:28 AM


QUESTION POSTED AT 18/11/2019 - 03:28 AM

The undergrounds coffee shop has total assets of $85,300 and an equity multiplier of 1.53. what is the debt-equity ratio?

Let us go to the basic accounting equation: Assets = Liabilities + Shareholder's Equity. The equity multiplier is computed by dividing the total assets with the total shareholders' equity. We know the total assets as $85,3000. Using the formula for the equity multiplier, we can calculate the amount of the shareholders' equity. The given equity multiplier is 1.53. To calculate the shareholders' equity, we just have to divide the $85,300 (total assets) with 1.53 (equity multiplier). We can get the amount of $55,752. Using the accounting equation, we can compute the amount of liabilities as $29,548. The formula to get the debt-equity ratio is dividing the total shareholder's equity by the liabilities. $55,752 divided by $29,548, we can get 1.89 as the debt-equity ratio.

ANSWERED AT 18/11/2019 - 03:24 AM


QUESTION POSTED AT 18/11/2019 - 03:24 AM

Two benefits of the initiative and referendum process are that they allow citizens to

The answer to the question above is FOLLOW INDICTMENTS AND CONVICTIONS OF LAWMAKING. These are the benefits that someone gets in the initiative and referendum process. When we say indictments and convictions in criminal law, this means that there is a process being followed in order to formally charge someone over a crime he or she is committed and a due process is being done in order to declare that someone is guilty of a crime.

ANSWERED AT 18/11/2019 - 03:23 AM


QUESTION POSTED AT 18/11/2019 - 03:23 AM

An industry that has one large firm that provides 60% of the supply of the product is called an oligopoly. a. True b. False

The statement " An industry has one large firm that provides 60% of the supply of the product is called an oligopoly" is false. 
Because in an oligopoly  more than one firm dominate the market and in monopoly only firm is dominant. In Oligopoly there is small number of firms but have the market share in large majority.

ANSWERED AT 18/11/2019 - 03:20 AM


QUESTION POSTED AT 18/11/2019 - 03:20 AM

If a search warrant is technically incorrect it may still produce admissible evidence under the

Sometimes judiciaries make errors when issuing warrants—they may not have had adequate probable cause to do so. Or, the information trusted upon by the police may turn out to be wrong, through no fault of the police. In most circumstances, the search will still be valid. In the case of U.S. v. Leon (1984), the U.S. Supreme Court administrated that if the police conduct a search in good faith reliance on a warrant, the search is valid and the evidence is admissible, even if the warrant was in fact void through no fault of the police.  If the police had judicious, good faith belief that they were performing according to legal authority, such as by depending on a search warrant that is later found to have been legally unreliable, the illegally seized evidence is admissible under this rule.

ANSWERED AT 18/11/2019 - 03:18 AM


QUESTION POSTED AT 18/11/2019 - 03:18 AM

The directors of​ x-lam inc., a manufacturer of electric water​ heaters, meet to discuss ways to increase their net profit. they decide to manufacture electric toasters and thus invest in a new product line. this investment is an example of​ a(n) ________ decision.

This investment is an example of​ a managerial decision. This process is done to aid the executives to be able to make the best possible decision that is needed by the business at that certain point of time. There are five steps that is involved in a managerial decision making. First would be establishing what is the main objective of the business. Then, like any other decision process, defining the problem and its the nature at that certain time is next. The third step would be listing all possible solutions present. Then, evaluating each possible solution listed. Listing all pros and cons would be recommended. In this step, we look at which would be the most favorable solution. The last step would be the implementation of the solution chosen. 

ANSWERED AT 18/11/2019 - 03:15 AM


QUESTION POSTED AT 18/11/2019 - 03:15 AM

The ____ handles certain cases involving credit card fraud and identity theft.

The U.S. secret service or (USSS) handles certain cases involving credit card fraud and identity theft.
The United States Secret Service (USSS) is one of the oldest agency under the Homeland Security department of U.S., related to federal law enforcement. In the world, it ranks among the most elite.

ANSWERED AT 18/11/2019 - 03:15 AM


QUESTION POSTED AT 18/11/2019 - 03:15 AM

A measure of how clean or polluted the air in a given region is on a particular day is the

The answer to this question is the air quality index. The Air Quality index or AQI is the way to inform the public how polluted the air by daily reporting the air quality. The air quality index functions mainly to give advisories to the public when the air is unhealthy and gives an update on the ozone levels. 

ANSWERED AT 18/11/2019 - 03:14 AM


QUESTION POSTED AT 18/11/2019 - 03:14 AM

Marketing consists primarily of advertising a product or service. a. True b. False

I think the answer would be false. Marketing does not primarily consists of only advertising a product or service. It involves with the buying and selling of a product or a service. It would include advertising, selling of the products and the delivery of these products to the consumers. It should be able to coordinate the 4P's in marketing namely the product, the price, the place and the promotional strategy. So, it is not mainly advertising a product or a service. 

ANSWERED AT 18/11/2019 - 03:14 AM


QUESTION POSTED AT 18/11/2019 - 03:14 AM

Is a name, term, sign, symbol, design, or a combination of these, that identifies the maker or seller of a product or service?

Branding is a name, term, sign, symbol, design, or a combination of these, that identifies the maker or seller of a product or service?

ANSWERED AT 18/11/2019 - 03:13 AM


QUESTION POSTED AT 18/11/2019 - 03:13 AM

What is customer perception and why is it important?

A marketing concept that encompasses a customer'simpression, awareness and/or consciousness about a company or its offerings. Customer perception is typically affected by advertising, reviews, public relations, social media, personal experiences and other channels

ANSWERED AT 18/11/2019 - 03:12 AM


QUESTION POSTED AT 18/11/2019 - 03:12 AM

What does the credit balance in the accumulated depreciation account represent?

The credit balance in the accumulated depreciation account represent:  the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation

ANSWERED AT 18/11/2019 - 03:12 AM


QUESTION POSTED AT 18/11/2019 - 03:12 AM

Test and evaluation (t&e) is important to decision makers because it:

In decision making, you weigh out the options based on their pros and cons. Theorizing the possible consequences is one thing. But it is best to test these options. For example, when businesses innovate new products, they do testing by providing free food samples to the consumers. In return, they ask for their honest feedbacks. These feedbacks are then evaluated by the team. If they think that the new product has a potential to increase their profit, then they would officially launch it. If not, they would move on to the next option and test it again.

ANSWERED AT 18/11/2019 - 03:10 AM


QUESTION POSTED AT 18/11/2019 - 03:10 AM

In a ____, a market rarely remains the domain of one organization for long; thus, competition ensues almost immediately

In a free enterprise system, a market rarely remains the domain of one organization for long. Thus, competition ensues almost immediately. It is a type of economy wherein the determination of products, services and prices are done by the market rather than being done by the government. It is an economy  that is not being controlled by the government.

ANSWERED AT 18/11/2019 - 03:09 AM


QUESTION POSTED AT 18/11/2019 - 03:09 AM

Who told americans on october 25, 1929, "business is on a sound and prosperous basis"?

The person that  told americans on october 25, 1929, "business is on a sound and prosperous basis" is: President Hoover
President hoover said this in order to motivate the American people to build business and bring the country to escape the economic depression that face the world after world war 1

ANSWERED AT 18/11/2019 - 03:07 AM


QUESTION POSTED AT 18/11/2019 - 03:07 AM

Identify the group that worked to improve the lives of industrial workers.

Rather than a particular group I   would say that with a lot of evidence to back it up that labour unions have since their inception been used to improve the lives of industrial workers, at least on the job. For example, as far back as the 1500's, at least for awhile, the Knappschaft union of the German miners in the Erzgebirge rich silver mines even won an 8 hour day and indemnity for the widows of miners killed in the mines. 

ANSWERED AT 18/11/2019 - 03:06 AM


QUESTION POSTED AT 18/11/2019 - 03:06 AM

The california “standard form” policy of title insurance on real property insures against loss occasioned by:

The California “standard form” policy of title insurance on real property insures against loss occasioned by a forgery in the chain of recorded title.

 

To add, standard form policy is an insurance policy form that is designed to be used by many different insurers and has exactly the same provisions, regardless of the insurer issuing the policy.

ANSWERED AT 18/11/2019 - 03:05 AM


QUESTION POSTED AT 18/11/2019 - 03:05 AM

On october 10, the stockholders’ equity of sherman systems appears as follows:

On October 10, the stockholders’ equity of Sherman systems appears as follows:

Common Stock ,$10 par value, 72,000 shares authorized, issued and outstanding = 720,000

Paid-in capital in excess of par value, common stock = 216,000

Retained earnings = 864,000

Total stockholders' equity = 1,800,000

ANSWERED AT 18/11/2019 - 03:04 AM


QUESTION POSTED AT 18/11/2019 - 03:04 AM

"if you are a borrower, which would you prefer to occur during the life of your loan?"

If I were a borrower, I would prefer to occur a level of inflation that is higher than that anticipated at the outset of the loan during the life of my loan.

 

To add, inflation is a general increase in prices and fall in the purchasing value of money.

ANSWERED AT 18/11/2019 - 03:02 AM


QUESTION POSTED AT 18/11/2019 - 03:02 AM

"why are dividends from a mutual insurer not subject to taxation"

Dividends from a mutual insurer fall under the categories of non-taxable dividend. The dividends are not subjected to tax because they are considered to be a return of premium. It required under the law that the mutual fund insurers must invest over 50% of their capital in tax exempt investments. Due to this fact, mutual insurer dividends are not subjected to tax.

ANSWERED AT 18/11/2019 - 03:00 AM


QUESTION POSTED AT 18/11/2019 - 03:00 AM

If there were no government how might it affect our five basic economic freedoms

To start, I should introduce the 5 basic economic freedom. This freedom is given to citizens of a sovereign country to undertake economic actions. These actions are enumerated below.

1. Right to buy and sell
2. To choose an occupation
3. To compete
4. To own property
5. To make a profit

As you can see, the government plays a major role in these freedoms. Without the government, people will have absolute freedom which gives no systematic organization. It would spark chaos, confusion and abuse of resources or customers. The government plays as the regulating body to keep things in order.

ANSWERED AT 18/11/2019 - 02:59 AM


QUESTION POSTED AT 18/11/2019 - 02:59 AM

What is the effective annual rate of 9.6 percent compounded semiannually?

An interest rate of 9.6% compounded semi-annually can be calculated using an example of a principal amount of $1000. If it is actual 9.6% used to calculate the interest after 6 months, then for the first 6 months the interest will be $96 so the principal plus interest will be $1096. For the second 6 months, still using 9.6% then it will be based on $1096 so it will be $105.22. So the total interest amount of $96 + $105.22= $201.22/$1000= 0.201x100=20.1% so compounding if at a good interest rate can grow an investment fairly rapidly.

ANSWERED AT 18/11/2019 - 02:58 AM


QUESTION POSTED AT 18/11/2019 - 02:58 AM

"factors of production are the most likely to earn economic rent when they"

When there is highly inelastic supply of the factor and highly inelastic demand of the factor, in these situations the owners supply factors of production are the most likely to earn economic rent. So, the answer should be:
factors of production are the most likely to earn economic rent when they are highly inelastic supply of factor and highly inelastic demand of the factor.

ANSWERED AT 18/11/2019 - 02:53 AM


QUESTION POSTED AT 18/11/2019 - 02:53 AM

Suppose the baldwin company expands to other markets with good designs, high awareness and easy accessibility, what strategy would they be implementing

The answer is Blue Ocean Strategy. This strategy is beneficial for companies that wish to expand their market and increase their profit sales by creating a new demand for a particular product. This new demand will then break the competition of the previous product. 

ANSWERED AT 18/11/2019 - 02:52 AM


QUESTION POSTED AT 18/11/2019 - 02:52 AM