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Salsk061 [2.6K]
3 years ago
13

Classify the following topics as relating to microeconomics or microeconomics.

Business
1 answer:
NISA [10]3 years ago
5 0

Answer:

Related to Micro Economics : A, B, C, E.

Related to Macro Economics : D.

Explanation:

Micro Economics is the study of a single individual consumer, producer, industry. Eg - Price of a good

Macro Economics is the study of all consumers, producers, industries of the economy at a whole. Eg - General Price level.

Both Micro Economics and Macro Economics deal with aggregates. But:- Micro Economic aggregates have lower level of aggregation & are contextually less related to wide total, than Macro Economics.

<u>Micro Economics </u>: 'A student's decision about how to allocate his time between studying two subjects' ; 'A firm's decision on which production method to use' :- are related to single economic units.

'The effect of rent control on the housing market' ; 'The effect of externality on the quantity produced by the market' :-  are related  to only those particular industry markets & not to economy as a whole.

<u>Macro Economics </u>: 'The effect of an increase in income tax on national income' :- is an impact of country's government policy at its whole national income.

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Inflation in the developing country of terbia has been rising over the last few years and is currently at a very high level. two
gtnhenbr [62]

Answer:

C) The central bank has been increasing the target interest rate at regular intervals and it is now at its highest level in eight years.

Explanation:

Since the central bank has been increasing the interest rates in Terbia, this means that it has been engaging in a contractionary monetary policy. In other words, the central bank has been decreasing the money supply in Terbia. If the money supply has been decreasing constantly during the last 8 years, then the high inflation rate cannot be caused by an increase in the money supply.

5 0
3 years ago
If a good is inferior, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the
Paul [167]

Answer:

b. decrease in the demand for the good. 

Explanation:

An inferior good is a good whose demand falls when income increases and rises when income decreases.

A decrease in demand would lead to a leftward shift of the demand curve.

Inferior goods contrasts to a normal good. A normal good is a good whose demand increases when income rises and falls when income reduces.

Only a change in the price of a good leads to movement along the demand curve for that good.

I hope my answer helps you

7 0
3 years ago
During a routine physical examination on an older female client, a nurse notes that the client is 5 feet, 3/8 inches (1.6 m) tal
bazaltina [42]

Correct/Complete Question:

During a routine physical examination on an older female client, a nurse notes that the client is 5 feet, 3/8 inches (1.6 m) tall. The client states, "How is that possible? I was always 5 feet and 1/2? (1.7 m) tall." Which statement is the best response by the nurse?

a. "After age 40, height may show a gradual decrease as a result of spinal compression"

b. "After menopause, the body's bone density declines, resulting in a gradual loss of height."

c. "There may be some slight discrepancy between the measuring tools used."

d. "The posture begins to stoop after middle age."

Answer:

B, "After menopause, the body's density declines, resulting in a gradual loss of height."

Explanation:

The above statement in the answer section is the only response that answers the client's questions. This is because the statement answers properly, the question of why she has lost some inches in height.

Other options do not answer her question because the client records doesn't show spinal compression or any faults in measuring tools before that time.

i hope this helps.

3 0
3 years ago
Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
ss7ja [257]

Answer:

Inventory

Explanation:

Inventory refers to

  1. The finished products in the warehouse or store that is ready for sale.
  2. Raw materials used in the production of goods
  3. Goods that in the production process, also known as work in progress.

Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.

3 0
3 years ago
Brandtly Industries invests a large sum of money in R&amp;D; as a result, it retains and reinvests all of its earnings. In other
Rama09 [41]

Answer:

a. What is the present value of the free cash flows projected during the next 4 years?

the NPV of the firm's cash flows = $3/1.09 + $6/1.09² + $8/1.09³ + $16/1.09⁴ = $2,752,294 + $5,050,080 + $6,177,468 + $11,334,803 = $25,314,645

b. What is the firm’s horizon, or continuing, value?

to calculate terminal or horizon value at year 4, we must use the Gordon growth model formula:

terminal value = [$16,000,000 (1 + 3%)] / (9% - 3%) = $16,480,000 / 6% = $274,666,667

c. What is the firm’s total value today?

firm's total present value = $25,314,645 + ($274,666,667/1.09⁴) = $219,895,463

d. What is an estimate of Brandtly’s price per share?

Brandtly's share price = (firm's present value - total debt) / outstanding stocks = ($219,895,463 - $75,000,000) / 7,500,000 million stocks = $19.32 per stock

7 0
3 years ago
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