The Phillips curve slopes downward , since a more positive output gap is associated with a higher level of unexpected inflation. The labor market Phillips Curve slopes downward since a more positive output gap is associated with a lower level of unemployment.
The Phillips curve is a type of economic model that bears the name of William Phillips, who postulated a link between falling unemployment rates and higher rates of wage growth in an economy.
Despite the fact that Phillips himself did not claim a connection between employment and inflation, this was an easy inference from his statistical findings. The link was made clear by Paul Samuelson and Robert Solow, and the theoretical framework was then established by Milton Friedman and Edmund Phelps.
Although there is a trade-off between unemployment and inflation in the short run, it has not been seen in the long run. Friedman and Phelps claimed that the Phillips curve only applied in the short term and that inflationary policies would not reduce unemployment in the long run in 1967 and 1968.
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suppose a firm is hiring resources l and m under purely competitive conditions to produce product y, which sells for $0.50 in a purely competitive market. the prices of l and m are $6 and $8, respectively. in equilibrium, the mps of l and m, respectively, are multiple choice 12 and 16. 6 and 8. 8 and 6. 16 and 12.
Suppose a firm is hiring resources l and m under purely competitive conditions to produce product Y, which sells for $2 in a purely competitive market. The prices of l and m are $10 and $4 respectively. In equilibrium the MPs of l and m, respectively, are 5 and 2.
What is a competitive market?In a competitive market, neither a single customer nor a single manufacturer can have a significant impact on the market. Its response to supply and demand changes as shown by the supply curve, which depicts the quantity of a good. A perfect market, also known as an atomistic market, is defined by various idealising conditions, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory. Farming is a fantastic illustration of a competitive market. Despite the fact that there are thousands of farmers, none of them has the power to change the market or the price based on how much they produce. The farmer has little choice but to raise the crop and take whatever price is offered for it at the time.
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What is EPS? (When referring to a stock)
Answer:
Explanation:
EPS means earnings per share. It shows how much a company makes for each share of a stock.
Higher the earnings per share the better
Net profit divided by # of common shares
Two companies (A and B) are duopolists that produce identical products. Demand for the products is given by the following demand function: P = 10,000 - QA - QBwhere QA and QB are the quantities sold by the respective firms and P is the selling price.Total cost functions for the two companies are:TCA = 500,000 + 200QA + .5QA2TCB = 200,000 + 400QB + QB2a) Assume that the two firms act independently as in the Cournot model (that is, each firm assumes that the other firm's output will not change). Determine the long-run equilibrium output and selling price for each firm.Your answer: QA= ; QB = ; P =b) Assume that the firms form a cartel to maximize total industry profits (sum of Firm A and Firm B profits). Determine the optimum output and selling price for each firm.Your answer: QA= ; QB = ; P =
In the short run, the typical firm increases its output and makes an above normal profit.
Determine the long-run equilibrium ?Originally the Perfectly Competitive Market is in a long run Equilibrium.Now a sudden change in Demand has taken the price up which then forces the Marginal Revenue Curve upwards.This will culminate with the Marginal Revenue Curve now intersecting the Marginal Cost curve at a higher point being point F so that profit can be maximised.This higher level will thus lead to a higher output than units at point Q as the firm will increase output.Notice that at that point the Marginal Revenue is higher than Average Total Cost meaning that an Above normal profit is being made.Do react or comment if you need any clarification.To learn more about long run equilibrium refer
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Modified retrospective application for a change in accounting principle requires that the new standard is applied to the adoption period and ____.
Modified retrospective application for a exchange in accounting precept requires that the new preferred is utilized to the adoption length and: an adjustment is made to retained income at the establishing of the adoption period
What is retrospective application?Retrospective application capacity adjusting the opening stability of every affected factor of equity for the earliest prior length and the different comparative amounts disclosed for each prior duration as if the new accounting coverage had constantly been applied.
The modified retrospective strategy is an approximation to retrospective application, with prescribed changes to address some of the challenges of retrospective application.
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https://brainly.com/question/29442655#SPJ4Basic career management systems involve the four sequential steps of recruiting, relocation, reality check, and action planning. T/F
FALSE
Because a basic career management system involves four steps: data collection, feedback, goal setting, and follow-up action and planning. If these four steps are carried out properly, a good career management system will be created.
Career management is a combination of structured planning and active management choices of one's professional career. In general, career management refers to the process of enabling professionals to realize their professional talents and apply those skills to further their careers and the businesses in which they work.
Career is the work that a person decides to do during an important period in their life. Many people have their career hopes and aspirations with them hoping for the best and working towards fulfillment in whatever career choice they have made. Few organizations have a formal career management plan. Career management allows companies to improve the performance of their establishments with better employee engagement. Through this process of recruitment quality, employees can be achieved. Examples of career management are trusted courses, certificate programs (related to your career), joining cutting-edge projects attending conferences, staying up to date in professional reading.
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Li Jung, a Chinese citizen, works for a phone manufacturer in China. Currently, he is i office in Cleveland, Ohio. In this scenario, Li Jung is regarded as an expatriate.
If Li Jung, a Chinese citizen, works for a phone manufacturer in China. Currently, he is i office in Cleveland, Ohio. In this scenario, Li Jung is regarded as an expatriate.
What is expatriate?Expatriate can be defined as the person who work and live outside their own country or a person who work and live in a country in which they are not a citizen of.
Example of an expatriate is when a person who was born in United state of America work and live in the United Kingdom.
A person who is employ to work and live in another country that is not their original country is often know as an expatriate.
Therefore LI jung is an expatriate.
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The complete question is:
Li Jung, a Chinese citizen, works for a phone manufacturer in China. Currently, he is i office in Cleveland, Ohio. In this scenario, Li Jung is regarded as an .
A. Expatriate
B. Outsourcing
C. Insourcing
for most restaurants, the average total cost curve at levels of output, then at levels.
Average Fixed Cost (AFC), which is the vertical difference between Average Total Cost (ATC) and ATC that narrows as quantity rises, is a u-shaped curve. Marginal Cost (MC), which has an increasing slope, crosses each of these curves at their minimum points.
What does an output-relative total cost curve reveal?The curve's shape shows that marginal returns increase for small output quantities while they decline for greater output quantities. The relationship between total cost and the quantity of production is visually represented by the total cost curve.
if the average total cost curve slopes downward?As a result of economies of scale, the average cost increases less rapidly than output in the downwardly sloping section of the curve.
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Assuming the cost of an associate leaving within 90 days is $3,000, what will be your facility's approximate cost of early turnover for this year?
A: 45000
B: 90000
C: 126000
D: 252000
The facility's approximate cost of early turnover for the year is $45,000.
What are the costs of turnover?The cost of turnover is the expense incurred when a position is changed. This estimate accounts for the costs of filling the role while it is vacant as well as those of hiring for the position, training the new hire, and providing any severance or bonus benefits. You should divide the total number of departures from your average monthly workforce by the total number of departures to begin your employee turnover estimate. Then multiply the sum by 100. You can figure out total turnover, voluntary turnover, and involuntary turnover.
Shift Number associate leaving Per associate cost Total cost
the facility within 90 days
A 8 $3,000 $24,000
B 5 $3,000 $15,000
C 2 $3,000 $6,000
D 0 $3,000 $30
Total coset = $24,000 + $15,000 + $6,000 + $0
Total cost = $45,000
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glover owns a candy store and a jewelry store. Both businesses are operated in a mall. She also owns a restaurant across the street and a book store several blocks away. Which of the following statements is true?a.All four businesses can be treated as a single activity if Gloria elects to do so.b.All four businesses must be treated as separate activities.c.The candy store, jewelry store, and book store can be treated as a single activity, and the restaurant must be treated as a separate activity.d.The candy store, jewelry store, and restaurant can be treated as a single activity, and the book store must be treated as a separate activity.e.The candy store and jewelry store can be treated as a single activity; the restaurant must be treated as a separate activity, and the book store must be treated as a separate activity.Answer: a
The answer is option a which is that all four businesses can be treated as a single activity if Gloria elects to do so.
What elements make up a business?A business is an organization or enterprising body that carries out commercial, industrial, or professional activity. Businesses can be either for-profit corporations or nonprofit institutions. Partnerships, corporations, limited liability companies, and sole proprietorships are some of the several company structures.
Why is a business there?A company's goal is to provide customers with something valuable, which they subsequently trade for cash or other kinds of payment. The compensation must, at a minimum, pay for the owner's necessary living expenditures as well as business operational costs.
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The financial statements of Danielle Manufacturing Company report net sales of $600,000 and accounts receivable of $60,000 and $90,000 at the beginning and end of the year, respectively. What is the receivables turnover ratio for Danielle? 4 times 6.67 times 8 times 10 times
The financial statements of Danielle Manufacturing Company report net sales of $600,000 and accounts receivable of $60,000 and $90,000 respectively. Danielle's receivables turnover ratio is 8 times.
Receivable turnover ratio = Turnover / Average account receivables
= $600,000 / [($60000 + $90000) / 2]
= 8 times
What is receivable's turnover ratio?
The efficiency with which a business is able to collect on its receivables or the credit it gives to clients is measured by the receivable's turnover ratio. The ratio also counts the number of times a company's receivables are turned into cash over a specific time period.
What Is a Good Turnover Ratio for Accounts Receivable?
In general, a greater number is preferable. It indicates that your clients are paying on time and that your business is proficient at collecting.
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Bonds are securities that can be readily bought and sold. A bond issue consists of a number of bonds, usually in denominations of ______ or _____ and is sold to many different lenders.
Multiple choice question.
$100; $1,000
$1,000; $10,000
$500; $5,000$1,000; $5,000
Answer: -$1,000; $5,000
Bonds are securities that can be readily bought and sold. A bond issue consists of a number of bonds usually in denominations of $1,000 or $5,000 sold to many different lenders.
A bond issued above par is said to have been issued at a premium corresponding to the amount by which the issue price of the bond exceeded its par value. The present value of the bond principal plus the present value of the periodic interest payments.
Bonds are long-term bonds issued by companies and governments to finance businesses and special projects. The company has to pay interest on the bonds, and if the company goes bankrupt, the bondholders will get paid before the shareholders. The value of a bond is inversely proportional to changes in investors' current required yield.
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Labor unions obtain higher wages for their members by reducing the profits of the business owners in the short run and in the long run. a. Trueb. False
The statement is False. Labor unions obtain higher wages for their members by reducing the profits of the business owners in the short run and in the long run.
Becoming a member of together in union permits workers to negotiate for better wages and benefits and improve conditions on the place of their job. There are thousands and thousands of union participants in America from all walks of life.
A hard Labor union is a business enterprise formed by means of employees which will negotiate for higher people's rights, including better pay, more secure running conditions, and higher blessings. A labor union chooses representatives to negotiate on its behalf with the company.
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Which of the following is the greatest risk to information systems and causes the greatest dollar losses?
A) Dishonest employees
B) Human errors and omissions
C) Computer crime
D) Physical threats such as natural disasters
Human errors and omissions is the greatest risk to information systems and causes the greatest dollar losses.( OPTION B).A type of human error in which a user malfunctions because they neglect to carry out a crucial task or activity.
Like pressing the wrong control button. Error of commission is comparable. A planned operation that does not provide the desired results is referred to as having experienced human error. For instance, failing to set the parking brake on your car or malfunctions using the brakes when driving on a slick, rainy road. In companies adopting standard operating procedures, failure rates typically range from 10 to 30 mistakes neglect for every 100 opportunities.
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Which of the following should an organization consider when making make/buy/rent decisions for a given software system?
An organization should consider the following when making make/buy/rent decisions for a given software system:
Competitive advantage, Legal and compliance, Skills, expertise, and labor, Time, CostWhat are the factors to be considered when making buy/rent decisions?The factors that bodies or companies or even supervisors should consider when making a rent, or buy decision include the following:
competitive advantage, security, legal and compliance issues, the organization's skill and available labor, cost, time, and vendor issues.Therefore, the correct answer is as given above
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The Soviet domination over the Eastern European economies was so rigid that, by the end of the 1970s, the Eastern Europeans did over 90 percent of their business with the USSR.a. True
b. False
This assertion is False because the Soviet monopoly over the economies of Eastern Europe was so severe that, by the end of the 1970s, over 90% of their trade was with the USSR.
What is the best definition of economies?A community's resource allocation is ultimately determined by a collection of connected production and utilization collectively referred to as an economy. The demands of persons who live there and conduct business there are met by the production & consumption of products and services in their entirety. An economy is indeed a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain which places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
What is the importance of economies?Economics attempts to address the issue of scarcity, which arises when consumer demands for products and services outweigh the supply. The division of labor in the modern economy allows people to make money by specializing in what they create, which they then use to buy the goods they need or want.
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Using the timeline on pp. 1524-1526 in the Norton Anthology of African American Literature 3rdEdition, Volume II, identify what you believe are the three most important events that occurred during the period from 1960-1975 and explain how each event influenced the literature of the period.
An overview of Norton Anthology of African American literature since 1945 and from the period 1960-1975 and events that influenced the literature of the period.
The political divisions, upheavals, and ambiguities of the 1960s were reflected in the decade's literature as authors grappled with shifting attitudes toward social involvement, corporate and governmental power, individual and minority rights, drug use, and technological advancements like television and consumer air travel that allowed for a more global perspective but disrupted traditional ways of thinking about time.
"An Overview of American Literature" sought to produce an aesthetic that was both rigorously credible and philosophically acceptable. Authors could express specific experiences on broad platforms like literary feminism and the Black Arts Movement without feeling like they were speaking for their race, ethnicity, or gender.
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Cindy’s Car Wash has average variable costs of $1 and average fixed costs of $3 when it produces 100 units of output (car washes). The firm's total cost is
Cindy’s Car Wash has average variable costs of $1 and average fixed costs of $3 when it produces 100 units of output (car washes). The firm's total cost is 500 $.
What are the Variable costs?Variable costs are costs that change depending on the amount of a good or service the company produces. Variable costs are the sum of all marginal costs throughout all produced units. They could also be viewed as regular expenses. Variable costs are the two components of the total cost.
Variable costs fluctuate depending on how much product is produced. Variable costs include, for example, labor, commissions, and raw materials. The number of fixed expenses is constant regardless of the degree of production. Lease but also rental payments, insurance, including interest payments are examples of fixed costs.
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Autonomous consumption is consumption that:
a. Varies directly with disposable income.
b. Varies inversely with disposable income.
c. Is independent of the level of disposable income.
d. Is constant at first and then varies with disposable income.
Answer: Is independent of the level of disposable income.
Explanation:
Definition of Autonomous consumption:
Autonomous consumption can be defined as "The expenditures that consumers must make even when they have no disposable income."
More precisely,
1. Autonomous consumption is defined as the expenditures that consumers must make even when they have no disposable income.
2. These expenses cannot be eliminated, regardless of limited personal income, and are deemed autonomous or independent as a result.
3. When a consumer is low on resources, paying for their necessities can force them to borrow or access money that they had previously been saving.
hence, option c is the correct option.
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Which of the following refers to a group of products offered by a firm that are physically similar or are intended for a similar market?
Product line refers to a group of products offered by a firm that are physically similar or are intended for a similar market.
The term "product line" refers to a group of related goods sold by the same company under the same brand name. In an effort to differentiate their various product lines from one another and make them easier for consumers to utilize, firm sell a variety of product lines under their various brand names.
Firms commonly expand their products by adding to existing product lines since customers are more likely to purchase goods from brands they are already familiar with. Product mix or product portfolio refers to the collection of a company's product lines. Except for loss leaders, it is advisable to discontinue product lines that are not profitable.
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Cattle Ranch Inc. is a for-profit corporation that is owned by six shareholders who are members of the same family. Cattle Ranch is
a. S corporation
b. benefit corporation
c. close corporation
d. a public corporation and a private corporation
Cattle Ranch Inc. is a for-profit corporation that is owned by six shareholders who are members of the same family. Cattle Ranch is
a corporation.
Cattle Ranch Inc.
The Cattle Ranch is an economic building available to Malians beginning in the Feudal Age in the Age of Empires IV. It can garrison up to three cattle and produces 28 food per minute per cattle garrisoned. Another factor might be that affluent persons who own cattle ranches have a lot of say in who gets elected as a government leader. This explains why the government provides incentives and permits ranchers to utilize their cattle ranches as tax shelters.
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back-to-school mindy clv average revenue per customer per period average customer relationship length cac all costs spent to acquire customers in a period number of customers acquired in the period
The average purchase value, average frequency, and average customer longevity of your customers are multiplied to determine customer lifetime value.
What is the average customer's CLV? Customer Lifetime Value is calculated by multiplying the average purchase value, average purchase frequency, and average customer lifespan of your customers. The formula will show you how much an average customer is worth to your company over the course of the relationship.Customer Lifetime Value is typically calculated using the formula Customer Value x Average Customer Lifespan. A more straightforward formula for CLV is "Annual income per customer times customer relationship in years minus customer acquisition cost." In other terms, the average order total times the typical number of transactions made in a year times the typical retention time in years equals the average customer lifetime value.Based on current data, this gives the average lifetime value of a customer.To learn more about customer lifetime value refer
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According to the table, what is the opportunity cost of producing one pair of yellow shoes in Chicago? Number of pairs of yellow Number of pairs of blue shoes produced per worker shoes produced per worker per day per day Chicago New York 12 6 16 4 Select one: a. 4 of a pair of blue shoes b. 2 of a pair of blue shoes c. 2 pairs of blue shoes d. 4 pairs of blue shoes The correct answer is: ½ of a pair of blue shoes
Number of pairs of yellow shoes number of pairs of blue shoes produced per worker shoes produced per worker per day per day Chicago new york
A Canadian worker,on the other hand,can produce 10 pairs of shoes or grow 20 apples per day.The opportunity cost for Canada apples for each pair of The absolute advantage simply compares the productivity of a worker between countries inputs that I need to produce shoes in The standard of living of a country depends on its ability to produce goods and a worker in Chicago 2 pairs of red socks per hour or 1 pair of white socks, Build a and a concise ER diagram for the NHL database.The university's registrar's office maintains data on the following entities.If the bakery sells 12 more loaves of bread on Tuesday than its daily sale of 40 loaves.
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If a business cannot pay its debts, creditors can expect the owner(s) to pay the debts with their personal assets of the business is a:
If this condition arises where a business can't able to pay it's debt, creditors can expect the owner to pay the debts with their personal assets of business is called- General Partnership or Sole Proprietorship.
What is sole proprietorship?A sole proprietorship is an unincorporated company that is run and owned by one person. This type of business structure is the simplest because there is no legal distinction between the owner and the business.
The proprietor or dealer who owns the business uses their legal identity to carry on business. By registering a trade name with their local authority, they can also decide to conduct business under a different name.
This kind of business is the least expensive to launch. Small enterprises, independent contractors, and other people who work for themselves frequently use it because of this.
When the business owner decides or upon their passing, a sole proprietorship starts and ends.
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is an extension of team selling in which members at various levels of a sales organization call on their counterparts in a buying organization.
Multi leveling is an extension of team selling in which members at various levels of a sales organization call on their counterparts in a buying organization.
What is multileveling?Some direct sales organizations utilize a marketing (MLM) strategy to market their goods and services. MLM encourages current members to recruit new people into the company by promoting and selling their products to other people.
A portion of the revenue made by their recruits go to distributors. New hires join the distributor's network, or downline, and are then prodded to close deals in order to generate money.
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A competitive action can be one of two types, either __________ or __________.
Answer:
strategic, tactical
Explanation:
1. Which term refers to a person who lends money or provides credit?
A. debtor
B. consumer
C. creditor
D. borrower
Answer:
C
Explanation:
A creditor because is one to whom a debt is owed.
Which of the following FHA insurance programs allows a borrower to purchase a home having deficiencies that prevent it from being financed with a standard home loan and provides money to complete repairs or enhancements once the property is acquired? O conventional mortgage O loan Section 203 mortgage loan O VA Mortgage loan O UFMIP mortgage loan
From the FHA insurance programs allows a borrower to purchase a home having deficiencies that prevent it from being financed with a standard home loan and provides money to complete repairs or enhancements once the property is acquired it was Section 203 mortgage loan. The correct option is (B).
What do you mean by the mortgage loan?A mortgage loan is a secured loan that enables you to access money by giving the lender collateral in the form of an immovable asset, like a home or commercial property. Until you pay back the loan, the lender retains the asset.
The biggest benefit of a mortgage loan is that, unlike most other loans, you can obtain one with very cheap interest rates and without having to leave your property ownership to anybody else.
Homebuyers and homeowners can finance the cost of both the purchase (or refinancing) of a home and the cost of its renovation with a single mortgage or they can finance the renovation of their current home using Section 203(k) insurance.
Therefore, according to the situation the Section 203 mortgage loan was applied in the give condition.
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Once alcohol is in the bloodstream how long will it take for it to reach the brain
according to brenkert, the presence of atypical harm from the products is the necessary condition for vulnerability.
a. true
b. false
The following statement "According to Brenkert, the presence of atypical harm from the products is the necessary condition for vulnerability" is false
Vulnerability people who, compared to the general population, are more vulnerable to the impacts of risk factors.
Vulnerability might take the form of social, cognitive, environmental, emotional, or even military. Vulnerability is a notion that, in regard to risks and catastrophes, connects people's interactions with their surroundings to the social forces, institutions, and cultural ideals that support and oppose them.
Within European Bioethics, the concept of vulnerability is a distinct notion. Vulnerability is an expression of human limitations and weakness on the one hand and a moral and ethical code of conduct on the other.
Hence the correct option is B
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Why would a company have a physical headquarters in one state but file for incorporation in another state?.
Answer:
Employees pay income taxes based on the rates of the chartering state, so a company may choose to charter in a state with lower income taxes.