All categories

4 years ago

If everyone buys the same goods every year and the price of housing rises by 38 percent, it is

1 answer:

OverLord2011 [107]4 years ago

7 0

It is not possible to tell what happened to the CPI because other than for housing , we do not know what happened to the prices of any of the other goods.

You might be interested in

While a business plan is a detailed document with many sections, its overall purpose is to describe the nature of the business,

sveta [45]

Answer:

Explanation:

6 0

3 years ago

In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy: changes income, which chang

Zepler [3.9K]

Answer:

Changes income, which changes consumption, which further changes income

Explanation:

Fiscal policy is an effective technique to control savings, income and consumptions because of its multiplier effect. The first effect of fiscal policy is that it changes income and that change in income leads to a change in consumption because of purchasing power; likewise, due to the change in consumption income changes. So, fiscal policy has a multiplier effect.

5 0

3 years ago

You decide to eat one more chip. the change in the total amount gained that comes from this action is the _____ . marginal cost

kow [346]

Marginal cost is the incremental cost incurred for one additional unit.

Marginal benefit is the incremental benefit gained from the one additional unit.

The maximized utility is the concept of getting maximum values from the minimum expenditure.

If you decide to eat one more chip. the change in the total amount gained that comes from this action is the Marginal benefit.

Hence the correct answer is the <u>Marginal benefit</u>

4 0

4 years ago

Read 2 more answers

Explain the Taylor Rule

Arisa [49]

Explanation:

Ok so the Taylor Rule is one kind of targeting monetary policy rule of a central bank. The Taylor rule was proposed by the American economist John B. Taylor in 1992, who is currently the George P.Shultz Senior Fellow In Economics at and the director of Standford’s Introductory Economics Centre.

Also the Taylor Rule suggests that the Federal Reserve should raise rates when inflation is above target or when gross domestic product (GDP) growth is too high and above potential. It also suggests that the Fed should lower rates when inflation is below the target level or when GDP growth is too slow and below potential.

6 0

3 years ago

A consumer products company wants more creativity in its research and development operations. The company has spent large amount

Ugo [173]

Answer:

• Diversify the workplace

• Use creativity- and mind-stimulating games

• Use (a) flexible workplace(s)

Explanation:

1. Diversify the workplace

Employees consisting of different types of people, in terms of age, social status, race, gender and ethnicity, can help boost creativity in the workplace. Different backgrounds and experiences from the members will allow for different ideas to flow among the team. Differences will also make the team appreciate each other and make the entire team versatile.

2. Use creativity- and mind-stimulating games

Games that are open ended and not structured can help boost creativity. Each participant will have a different response which will allow more development and inventive ideas. Research can be done through guessing games that stimulate the mind or artistic games such as acting scenes, etc.

3. Use (a) flexible workplace(s)

Office space with air-conditioners and four walls may restrict the amount of creativity and result in the same, dull, exhausted ideas over time. To increase the level of creativity, the team should use different workplaces randomly for a change of scenery. One day spent at a park, the next day could be spent in a laboratory and the next could be spent in a library. Different environments can spark new, fresh ideas that can assist with research and development.

7 0

4 years ago

Read 2 more answers