Answer:
The Output Effect
Explanation:
What is the Output Effect???
Definition: The situation in which an increase in the price of one input will increase a firm's production costs and reduce its level of output, this reducing the demand for other inputs; conversely for a decrease in the price of the input.
Answer:
quantity always falls
Explanation:
In the case when the supply and the demand shifted to the left so the equilibrium would price would not be determined also the equilibrium quantity would decline or fall
So according to the given situation, the third option is correct as it shows the quantity fall situation i.e. considered and relevant too
Answer:
The correct answers are letters "B" and "D": Punishing the entire class when an ethical violation occurred; Providing ethics training only to students who admitted to cheating.
Explanation:
By <em>punishing the entire class when an ethical violation occurred</em>, Professor Quinn is not acting objectively. In such cases, only the students at fault should be punished for their actions. If the rest of the students acted ethically there is no reason for them to be punished. In remorse, those students could start to act unethically since they know even acting correctly they will be punished anyway.
Besides, <em>providing ethics training </em><u><em>only </em></u><em>to students is inappropriate</em>. The unethical action must serve as an example for <u><em>all </em></u>students in a class as an act that must not be replicated. Thus, all of them should be instructed on what to do to avoid such situations.
Answer:
Liquidity risk is the inability to quickly sell a bond for its full value. This risk exists primarily in thinly traded issues. Default risk is the likelihood the issuer will default on its bond obligations and is the basis for bond ratings.
Liquidity is a prime determiner of yield spreads, explaining up to half of the cross-sectional variation in spread levels and up to two times the cross-sectional variation in spread changes that is explained by the effects of credit rating alone.
Liquidity risk Liquidity refers to the investor's ability to sell a bond quickly and at an efficient price, as reflected in the bid-ask spread. High-yield bonds can sometimes be less liquid than investment-grade bonds, depending on the issuer and the market conditions at any given time.
(If some parts overlap/relate to the exactly to other parts, I'm sorry. But there ya go !)
