Answer:
C. the short run is a more important policy concern than the long run.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
According to the Keynesian Transmission Mechanism, the link between the money market and the goods and services market is indirect; because at first, short-term interest rates are lowered by an increase in the supply of reserves and then with time both the bond and bank loan rates falls. Consequently, this would make investments and aggregate demand (AD curve shifts rightward) to rise or increase as a result of the low cost of capital for investors and by extension it boost the level of production or quantity of output (real gross domestic product or Real GDP). This ultimately implies that, the interest rates affects the real and costs of capital (monetary changes).
Hence, Keynes argued that the short run is a more important policy concern than the long run and he was quoted as saying, in the long-run we're all dead.
Answer:
$330,000
Explanation:
the journal entries would be:
Dr Cash 200,000
Cr Notes payable - bank 200,000
Dr Equipment 80,000
Cr Cash 40,000
Cr Notes payable 40,000
Dr Merchandie inventory 60,000
Cr Accounts payable 60,000
Dr Accounts receivable 120,000
Cr Service revenue 120,000
Dr Accounts payable 30,000
Cr Cash 30,000
Dr Utilities expense 60,000
Cr Cash 60,000
Assets:
- Cash = 200,000 - 40,000 - 60,000 - 30,000 = $70,000
- Equipment = $80,000
- Merchandise inventory = $60,000
- Accounts receivable =$120,000
- total = $330,000
The answer in the space provided is conflicts of interest.
Conflicts of interest occurs when a company or a person has multiple interest
or financial in which it has been interfered because of a presence of
corruption in terms with the decision making or even the motivation that they
once had.
Answer: B. TC = 50 + 20Q
Explanation:
A Natural Monopoly is generally associated with a firm that has very high initial fixed costs. These costs are generally related to the use of high scale technology or machinery to operate effectively.
Some examples include, gas pipelines, electricity grids, and the like.
They act as both a deterrent for companies to join the market as well as to exit.
Option B shows the typical Total Cost function of a Natural Monopoly and reflects the high initial costs as well.
Today, bills are paid by Consumers through use of mobile and online banking because its facilitate easy transaction.
Let understand that Internet Banking allows consumers to conduct online transactions through their gadget which uses an internet connection.
Mobile banking allows consumers to make transaction with or without internet.
Prior to this modern civilization, consumers will have to visit outlet which offers the service of making payment for various transaction such as Electricity bill, Mobile bills etc.
Today, the gadget allows easy transaction of those transaction.
Therefore, in conclusion, the reason why consumers mostly use the mobile and online banking to pay bills is because its facilitate quick and easy transaction.
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