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umka21 [38]
3 years ago
7

Suppose that the Fed has decided to utilize the Taylor rule to implement monetary policy. If the actual federal funds rate targe

t is presently below the level specified by the Taylor rule and has been lower then this level for several weeks, then this would be a signal thatA) monetary policy is very expansionary.B) monetary policy is very contractionary.C) the Fed should switch to targeting the money supply instead of the federal funds rate.D) the Fed should halt efforts to target the money supply.
Business
1 answer:
spin [16.1K]3 years ago
5 0

Answer:

The correct answer is:

A) monetary policy is very expansionary.

Explanation:

In this case the Taylor Rule states that the Fed must increase rates as the target of the inflation is up the Gross Domestic Product. Therefore, according to the expansionary policy, the central bank employs certain mechanisms in order to look with favor on the economy. The main idea of this strategy is to be able to lower the interest rates and also to increase the aggregate demand.

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Tami Strand’s regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a J
Simora [160]

Answer:

Gross earnings = $600

Net pay = $466.10

Explanation:

The computation of the gross earnings and the net pay is shown below:

Gross earnings

40 hours × $10 = $400

10 hours × $20 = $200

So, the total = $600

Since tami worked for 50 hours, 10 hours extra so $20 is paid for 1 hours extra. So, for 10 hours it would be $200

Net pay

Gross earnings                                     $600

less: federal income tax withholding   -$88

Less: FICA tax rate @7.65% on $600 - $45.90

Net pay                                                    $466.10

6 0
4 years ago
The local symphony recently raised its price for tickets to their summer concerts in the park. At the end of the summer season,
denpristay [2]

Answer:

Elastic which is more than 1.

Explanation:

Price elasticity of demand is the responsive relationship of quantity demanded when compared to price. It measures how much change there would be in demand if Price were to change.

The raise in prices yielded a fall in revenue because the demand for tickets was elastic. (More than 1)

An elastic demand means that a small change in price will cause a more than proportionate change in qty demanded and hence with an increase in price, far less people purchased the ticket.

An inelastic demand however would have caused less people to give up tickets and raised overall revenues.

Hope that helps.

7 0
3 years ago
When dealing with a prospect who is slow and methodical, the salesperson should?
drek231 [11]

Slow down and adjust your tempo to that of your prospect's. Simplify all the details. This approach is often referred as "Mirroring", which can lead to a sales prospect's positive result comfortably.

7 0
4 years ago
Which of the following is an example of earned income?
Nutka1998 [239]
So it’s gonna be (D or (A because it’s wat u earned by yourself not wat someone give you or its not if u lent money
5 0
3 years ago
As the price of samosas (a kind of food in india) was raised from 2 to 3 rupees (indian currency), their quantity demanded fell
Scorpion4ik [409]

Answer: Elasticity of demand of samosas is 0.6

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good. It can be measured using the mid-point method,

e=\frac{Q2 -Q1}{\frac{Q 1 + Q2}{2} } * \frac{\frac{P1+P2}{2} }{P2 - P1}

e=\frac{12,000 - 15,000}{\frac{15,000 + 12,000}{2} } * \frac{\frac{2+3}{2} }{3 - 2}

e=\frac{- 3,000}{13,500} * \frac{2.5}{1}

e= 0.22*2.5 = 0.5555

Therefore, elasticity of demand is 0.6

5 0
4 years ago
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