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Nina [5.8K]
2 years ago
6

Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ the aggreg

ate quantity of output demanded.
Business
1 answer:
Tems11 [23]2 years ago
6 0

Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.

<h3>What is wealth effect?</h3>

According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.

The effect of wealth effect on aggregate demand is-

  • People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
  • A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.

To know more about the aggregate demand and aggregate supply, here

brainly.com/question/25749867

#SPJ4

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There are two terms consistently used when describing firewalls: stateful and stateless. A stateless firewall surveys all the tr
Gennadij [26K]

Answer:

False.

Explanation:

A stateful firewall surveys all the traffic for a particular connection and investigates the packets containing the data to seek out sequences and patterns that are incongruent.

A stateless firewall examines each packet on a case-by-case basis and it does not have any prior information and avoids making predictions of what should come next.

Hence, the assertion in the question is false.

6 0
3 years ago
Imagine you are planning how to set up your new business office. What types of technology and equipment might be needed? Why mig
erica [24]

The types of technology and equipment needed in a commercial office can be cybersecurity software as well as customer relationship management (CRM) systems that assist in collecting, analyzing and organizing the information of your customer base.

It is essential for an entrepreneur to understand some terms related to information technology to generate greater compliance, security and reliability in organizational processes.

<h3 /><h3>Hypertext</h3>

It corresponds to non-sequential and non-linear electronic writing, which is added to other information such as words, blocks of texts, images or sounds.

<h3>URL (or link)</h3>

Its acronym stands for Uniform Resource Locator, which corresponds to the address of a resource available on a given network.

<h3 /><h3>Internet Service Provider</h3>

It is a commercial or non-profit entity that offers internet access and use services.

<h3>Bulletin Board Service</h3>

It is a software that allows the connection via telephone of a computer system for interaction, as well as the internet.

<h3 /><h3>Electronic Storefront</h3>

Corresponds to the hosting of e-commerce sites, that is, sites used to advertise and sell products and services, managing online transactions.

<h3 /><h3>Newsgroups</h3>

Forums in which it is possible to share opinions on different subjects, with people who share the same interests.

<h3>Flames</h3>

It is a type of modular malware that attacks computers and can spread to other systems through LAN and USB memories, generating data and documents steals.

Therefore, it is essential that every entrepreneur understands basic principles of automation to achieve greater security, availability of information and speed in their processes.

Find out more information about technology here:

brainly.com/question/1757772

8 0
2 years ago
An investor invests $4,000 to buy 200 shares of Sand Corporation, which has an expected return of 24%; $2,000 to buy 100 shares
Anni [7]

Answer:

Expected return = 28%

Explanation:

given data

invests $4,000

share = 200

return = 24%

and

invests = $2000

share = 100

return = 18%

and

invest = $4,000

share = 400

return = 28%

to find out

expected return on this portfolio

solution

we know total investment is

Total investment = 4000+2000+4000

Total investment = 10000

and

Wt. of Sand Corporation shares in the total portfolio= \frac{4000}{10000} =  0.4

Wt. of Water Corporation shares in the total portfolio=\frac{2000}{10000} =  0.2

Wt. of Beach Corporation shares in the total portfolio=\frac{4000}{10000} =  0.4

and

Expected return on the given portfolio is

Expected return = 0.4 × 24% + 0.4 × 18% + 0.4 × 28%

Expected return = 28%

5 0
3 years ago
We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail
damaskus [11]

Explanation:

Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.

A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.

4 0
3 years ago
Use the following quotation to answer the question.“If men were angels, no government would be necessary.” —James Madison, Feder
serg [7]

Answer:

2. Government is necessary, because people do not always behave perfectly.

Explanation:

<em>Option 1</em> is wrong because if the government cannot control people, there is no use of making policy. It contradicts James Madison's quota.

<em>Options 3</em> and <em>4</em> are incorrect because the government is a necessary element.

Option 2 is correct, as the government is an essential element. Without government, people may become clueless and clumsy. To make peace in the nation, the government has to control its people.

6 0
4 years ago
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