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ExtremeBDS [4]
2 years ago
10

Suppose an economist advises a state's governor to raise the tax on cigarettes. The governor does not implement the policy becau

se it would not be popular with voters. Which of the following statements best describe the scenario?
a. This is an uncommon occurrence. More often than not, policymakers follow the advise of economists
b. This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons
c. This would never happen because policymakers always follow economists' advice
d. This is a common occurrence. Policymakers typically disregard economists' advice since they don't believe it's useful
Business
1 answer:
Fiesta28 [93]2 years ago
6 0

Answer:b. This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons

Explanation:Policymakers are usually politicians and politicians always consider what is most favoured by the public which is likely to score them more fans and anything that is popular amongst the public they will support so that they win more voters other than that they will neglect even the best policy if it means they may lose their voters.

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Tax questions; if my employer forgot to take taxes out of my salary, am i responsible?
Gre4nikov [31]
It depends in if you noticed or not because if you did you would be responsible for telling them. if you didn't notice then it would be their responsibility. 
  
hope that helped 
8 0
3 years ago
Imagine you inherited $50,000, and you want to invest it to meet two financial goals: (a) to save for your wedding you plan to h
AleksAgata [21]

Answer:

<u>Solution and Explanation:</u>

<u>Evaluation for investment decisions </u>

  • Investing for Wedding
  • Investing for Retirement
  • CD – 24 months .
  • Energy sector mutual fund
  • General electric bond – 18 months
  • Johnson & Johnson stock
  • Money market shares
  • General electric bond – 2.5 years
  • Saving account
  • Dow ETF
  • Short term junk Bonds
  • Treasury Note – 60 months

CD – 24 months= Maturity period has met the criteria for short term goal and money used for their wedding

General electric bond – 18 months=Bonds are generally Long term or short term depends upon the maturity period for this bond has only 18 months maturity period

Money market shares = This instrument is readily converted into cash at any point in time

Saving account = No obligation of any maturity period saving account is personal account

Short term junk Bonds = Short term junk bonds are for a short period of time

Energy sector mutual fund = This sector mutual fund has long term maturity period and thereafter returns in the long term

Johnson & Johnson stock = It is considered as a dividend growth stock and investor invest for high growth on the market value of the share price

General electric bond – 2.5 years = This instrument has a long term maturity period

Dow ETF ETF is retained for capital gains in the near future period but their gestation period is high

Treasury Note – 60 months = Investment for 60 months which is not suited for short term goal of investor

 

6 0
3 years ago
If we add successive laborers to work a given amount of land on a wheat farm, eventually:____.
Alexus [3.1K]

Answer:

d. the increases in wheat harvested will get smaller and smaller.

Explanation:

A marginal rate of technical substitution (MRTS) can be defined as an economic principle which is typically used to represent the rate at which a factor such as capital must decrease so that the same level or quantity of production is maintained when another factor such as labor is changed (increased).

An isoquant is the slope of a marginal rate of technical substitution (MRTS) which connects the two input factors provided that the level of output or production is the same.

Also, the diminishing marginal rate of technical substitution refers to the decline (fall) in marginal rate of technical substitution (MRTS) along an isoquant that produces the same quantity (level) of output.

When an isoquant has a diminishing marginal rate of technical substitution, the corresponding isoquants are convex to the origin. Thus, the marginal rate of technical substitution (MRTS) would continue to diminish as more of a factor such as capital is used.

If we add successive laborers to work a given amount of land on a wheat farm, eventually the increases in wheat harvested will get smaller and smaller.

6 0
2 years ago
Read 2 more answers
Assume that a consumer has a given budget or income of $12, and that she can buy 2) only two goods, apples or bananas. The price
Sauron [17]

Answer: 16 Banana's or 8 Apples

Explanation:

Budget constrain is a mathematical expression which shows us the quantity of goods that can be purchases at given prices and income. Since, income of the consumer is limited, he must allocate his consumption in a way that he can buy maximum goods at the given prices.

The budget constrain faced by the person is

1.50*Q_{A} + 0.75*Q_{B} \leq 12

If the person spends all his income on Apple's, he buys

\frac{12}{1.50}

= 8 Apples

If the person spends all his income on Banana's, he buys

\frac{12}{0.75}

= 16 Banana's


4 0
2 years ago
Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $16
Flura [38]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
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