I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
Answer:
The rationale for conducting active policy is the interest of Congress to alter the state of the economy through a deliberate change in established policies.
But in the case of Passive policy, the government permits the status quo.
Active policy relies on the government to enforce it while passive policy does not need the government's interference to work in stabilizing the economy.
Explanation:
The following statements applies passive policy because the economy is expected to stabilize on it's own without the deliberate act of congress influencing it:
- Economic circumstances can change dramatically between the time that an economic downturn begins and the time when policy actions have an effect on the economy.
- Fluctuations in economic output have been less severe since World War II.
The following statements is a rationale for conducting active policy since the government's intervention is required:
- Economists are not very accurate forecasters.
- Increases in government spending generate increases in economic output.
Answer:
$262.50
Explanation:
Multiply $350 by 0.75 since it is 25% off and the remaining is 75% to get the answer of $262.50.
The plans regarding the contributions made to the 401(k) plans are directed by the participant, who is also known as an employee of the organization.
<h3>Who is a 401(k) plan?</h3>
A 401(k) can be referred to as a feature of a profit-sharing plan that enables the employees to make a partial contribution of their wages to their individual accounts.
An employee is referred to as a participant for the purpose of this plan. It is further to be noted that this plan is as per the voluntary directions of the participant.
Hence, it holds true that majority of the 401(k) plans are participant directed.
Learn more about 401(k) plans here:
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Answer:
//algorithm for ATM money withdrawal
Algorithm: Algorithm for cash withdrawals from ATM.
Input: withdraw_amount
Output: amount+service_charges.
Algorithm:
step 1:
balance =account balance.
withdraw_amount = (Get input from user)
step 2:
if(withdraw_amount>400)
then, print "maximum limit exceeds"
step 3:
if(withdraw_amout<1)
then, print "enter a valid amount"
step 4:
if(withdraw_amount>balance)
then, print "insufficient balance.. withdraw money $30 as service charges "
step 5:
if(withdraw_amount<400 && withdraw_amount<balance)
if(withdraw_amount>200)
service_charge=withdraw_amount*(3/100)
print " Your cash is dispensed... total amount withdrawn +service_charges 30% (withdraw_amount +service_charge) "
