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3 years ago

Why would legislation most likely ask interest groups to help shape public policy?

1 answer:

6 0

Legislation would most likely ask interest groups to help shape public policy because the interest groups are knowledgeable about the specific issue.

Hope i helped :)

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An economy is operating with output $400 billion above its natural level, and fiscal policymakers want to close this expansionar

Vlad [161]

Answer:

$\Delta G= 400 billion \frac{1}{5}= 80 billions$

To close the expansionary gap, the government would need to spending by 80 billion

Explanation:

Assuming this question: "To close the expansionary gap, the government would need to spending by ? billion"

Previous concepts

The government expenditure multiplier "denoted by K, the impact of a change in income following a change in government spending".

The marginal propensity to consume denoted by MPC "is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending occurs with an increase in disposable income"

Solution to the problem

Fo this problem we need to find the Government multiplier (K) with the following formula:

$K=\frac{1}{1-MPC}$

Wehre MPC represent the marginal propensity to consume. And if we replace we got this:

$K=\frac{1}{1-\frac{4}{5}}=5$

And now we can find the government decrease with the following formula:

$\Delta G= \Delta Y \frac{1}{K}$

And for this case the output is $\Delta Y = 400 billion$ , and we have everything in order to replace:

$\Delta G= 400 billion \frac{1}{5}= 80 billions$

So thn the answer woud be: "To close the expansionary gap, the government would need to spending by 80 billion"

3 0

3 years ago

Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use the rights to their software, b

IgorLugansk [536]

Answer: Franchise agreement

Explanation: Before a third party can be licensed to use a proprietary software, document, brand name or other licensed materials, goods, product or trademark, there must be an agreement between the franchisor (Theodore and James) and the franchisee ( organizations or individuals who wish to use the franchisor's product) called the franchise agreement. These provides a legal bond between both parties which outlines terms and conditions of use pertaining to the franchisor's brand name or proprietary product. The franchisee offers something in return for the grant which is usually a Monetary package.

3 0

2 years ago

The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer'

Sholpan [36]

The answer is the Status symbol.

A status symbol is typically an object meant to symbolize the high social and financial position of its owner.

Status symbols frequently vary as a culture and its ideals evolve.

Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.

Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.

For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.

Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.

Learn more about capitalist society:

brainly.com/question/10441842

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5 0

2 years ago

Two identical firms that share a market and produce a homogenous good will find the Bertrand Oligopoly LEAST attractive because

inn [45]

Answer:

The correct answer that fills the gap is: Cartels generate the highest joint profit, they want to avoid a price war that leads to profit erosion and P=MC, a cournot oligopoly will generate more profit than a bertrand oligopoly

Explanation:

In Bertrand's model, consumers will buy the goods of the company that offers the lowest price. From this it can be intuited that the Nash equilibrium will be the one in which both companies set the same price. For this reason it is not attractive, since they are competition and for some of the two it may not be profitable to decrease the sale price of their products.

3 0

3 years ago

The August 31 balance shown on the bank statement is $9,813.

Andrej [43]

Answer:

Adjusted Balance per bank $9,199

Adjusted Balance per books $9,199

Explanation:

Preparation of a bank reconciliation as of August 31

Balance per bank on August 31 $9,813

Add Deposit in transit $1,263

Less Outstanding checks ($1,877)

Adjusted Balance per bank $9,199

Balance per books on August 31 $9,371

Add Interest earned $116

Less Bank charge ($35)

Less Error in Books ($253)

($626-$373)

Adjusted Balance per books $9,199

Therefore the bank reconciliation as of August 31 will be:

Adjusted Balance per bank $9,199

Adjusted Balance per books $9,199

7 0

2 years ago