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fredd [130]
3 years ago
8

Suppose that Edison, an economist from a university in Arizona, and Hilary, an economist from a school of industrial relations,

are arguing over government bailouts. The following dialogue shows an excerpt from their debate: Hilary: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. Edison: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. Hilary: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession. The disagreement between these economists is most likely due todifferences in values . Despite their differences, with which proposition are two economists chosen at random most likely to agree? Minimum wage laws do more to harm low-skilled workers than help them. Lawyers make up an excessive percentage of elected officials. Tariffs and import quotas generally reduce economic welfare.
Business
1 answer:
Ivahew [28]3 years ago
6 0

Answer:

Tariffs and import quotas generally reduce economic welfare.

Explanation:

The vast majority of economists (over 90% according to the University of Chicago) agree that tariffs and import quotas generally reduce economic welfare. This is perhaps the normative statement in which economists agree the most.

The reason why is because tariffs and import quotas only benefit a small fraction of domestic producers, to the dismay of a larger number of consumers who end up having to pay higher prices for consumer goods.

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This graph shows the marginal cost of producing each
Margarita [4]

Answer:

D) Bike 4

Explanation:

Marginal cost is the additional expense associated with the production of an extra unit. Calculating marginal costs will involve isolating the expense of the last unit from the previous productions.

The graph has already isolated the cost of the extra unit from the previous output.

From the graph, Bike 4 has a marginal cost of 4.

6 0
3 years ago
Read 2 more answers
Thomlin Company forecasts that total overhead for the current year will be $7,584,000 with 158,000 total machine hours. Year to
IRINA_888 [86]

Answer:

(D) $48 per machine hour

Explanation:

The predetermined overhead rate is given by total estimated overhead divided by the total estimated machine hours

Total estimated overhead = $7,584,000

Total estimated machine hours = 158,000 hours

Predetermined rate = $7,584,000 ÷ 158,000 hours = $48 per machine hour

4 0
3 years ago
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Kasey changes jobs on a regular basis. She does this to secure better career growth opportunities and to decrease boredom. Kasey
topjm [15]

Answer:

The correct answer is letter "C": job hopping.

Explanation:

Job hopping refers to the act by which employees change from jobs frequently to avoid the boredom of working in the same place during long periods. Typically, this practice is repeated every one or two years and could be exercised when better job opportunities arise in the way.

3 0
3 years ago
Managers and leaders perform many tasks as a result of their goals and objectives. Even though many tasks may be completed as a
uysha [10]

Answer:

a). Paul - Planning

b). Santiago - Organizing

c). Mathew - Planning

d). Chioe - Organizing

e). Kelly Tomasz - Leading

f). Ava - Controlling

g). Michelle - Organizing

Explanation:

Planning is described as the process of setting up the goals for the organization and formulating a course of action to achieve the intended goals.

Organizing is followed by planning which aims to assign the resources in a specific manner to ensure the effective accomplishment of the goal.

Leading is the process of providing guidance or direction to the staff, employees, and workers and keeps them motivated to ensure the smooth functioning of the process and achievement of optimum output.

Controlling is the last step in which the performances are governed and assessed as per the standards to find any variation.

8 0
3 years ago
A company wants to host a publicity available server that performs the following functions:
Debora [2.8K]

Answer: b. DNSSEC

Explanation:

From the question, we are informed that company wants to host a publicity available server that performs the following functions such as evaluates MX record lookup, can perform authenticated requests for A and AAA records, uses RRSIG.

To fulfill the above requirements, the company should use Domain Name System Security Extensions (DNSSEC). It should be ited that DNSSEC is simply an suite used for securing some information that have been provided by

the DNS.

3 0
3 years ago
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