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san4es73 [151]
3 years ago
7

D. Assume that the mix of goods in a basket is kept constant for long periods. If the price of one good rises very rapidly over

several years, what will happen to the relative importance of the other goods in the basket? Is this a problem?
Business
1 answer:
hichkok12 [17]3 years ago
4 0

Answer:

Not affected much; Not a problem

Explanation:

Even though in most cases consumers are sensitive to price. Remember, this mix goods are NOT said to be close substitutes. So there should be little or no effect on the importance of the other goods.

This is not a problem because even though the price of one good rises very rapidly over several years, the other good is not affected by price changes.

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In Opulencia, the marginal propensity to save is only 0.10. In an effort to promote the virtues of saving, the government starts
77julia77 [94]

Answer:

A greater saving will reduce the impact of the multiplier.

Explanation:

A multiplier generally refers to the factor that amplifies or increase the initial change of something else.

In economics, multiplier refers how change in spending or saving results into a larger change in local output and income.

Since addition of marginal propensity to consume (MPC) and marginal propensity to save (MPS) is equal to 1, the formula for calculating a multiplier can be stated as:

Multiplier = 1/(1 - MPC) or 1/MPS

From the question therefore, when MPS = 0.10, we have:

Multiplier = 1/0.10 = 10

When MPS is increases to 0.20, we have:

Multiplier = 1/0.20 = 5

Since 5 is less than 10, a greater saving will therefore reduce the impact of the multiplier.

4 0
3 years ago
A building with an appraisal value of $129,668 is made available at an offer price of $158,618. The purchaser acquires the prope
Ira Lisetskai [31]

Answer:

$118,443

Explanation:

Calculation to determine what the cost basis recorded in the buyer's accounting records to recognize this purchase is

Using this formula

Cost Basis= Cash + Note payable + Mortgage amount

Let plug in the formula

Cost Basis= $36,973 + $24,989 + $56,481

Cost Basis= $118,443

Therefore the cost basis recorded in the buyer's accounting records to recognize this purchase is

$118,443

5 0
3 years ago
Which of these occupations is INCORRECTLY paired with the level of education required? A) Welder→ Bachelor's degree B) Teacher→
tigry1 [53]

Answer: A

Explanation:

The one that is clearly out of place would be A

4 0
3 years ago
Read 2 more answers
A bonus package pays an employee $800 at the end of the first year, $1800 at the end of the second year, $2800 at the end of the
makvit [3.9K]

Answer:

The present value for this bonus is $30,018.13

Explanation:

pv         n  i FV

754.72 1 6% 800

1601.99 2  1800

2350.93 3  2800

3009.96 4  3800

3586.84 5  4800

4088.77 6  5800

4522.39 7  6800

4893.82 8  7800

5208.71 9  8800

<u>30018.13 </u>  

5 0
3 years ago
Read 2 more answers
Quizlet while most european countries are comparable to the united states in terms of the number of women in managerial position
Pachacha [2.7K]

While most European countries are comparable to the united states in terms of the number of women in managerial positions, Germany stands out as the country that is drastically different with only 13 percent of management jobs held by women.  

A managerial position is a role in which a man or woman is answerable for overseeing and coordinating the paintings of other employees. The supervisor may be responsible for supervising a team of workers, putting dreams and goals, and developing schedules and regulations.

Decrease control or operating management or supervisory management is the bottom degree of control. It includes frontline supervisors, superintendents, officers, and so forth. The managers at this degree are in direct touch with the operative employees.

First-line managers are entry-level managers who carry out on-the-ground control responsibilities. They are the managers who have the closest proximity with crew individuals, and they're generally responsible for making sure that their crew correctly includes our organizational desires on an everyday basis.

Learn more about managerial positions  here brainly.com/question/29109299

#SPJ4

7 0
1 year ago
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