Answer:
Some of the best credit cards for college students often include secured credit cards because approval rates are high on these cards. Secured credit cards for families with no credit or poor credit are great for building up good credit with minimal risk compared to unsecured cards
Explanation:
Answer:
Consider the following misperceptions model of the economy. AD: Y =600 + 10(M/P) SRAS: Y=Y +P - pe Okun's Law: (Y - Ý )/Y = - 2ệu - 4) Let 7 =750, ū=0.05, M =600, and pe =40. a. b. What is the price level? (2%) Suppose there is an unanticipated increase in the nominal money supply to 800. What is the short-run equilibrium level of output, the unemployment rate, and the price level? (3%) When price expectations adjust fully, what is the price level? (3%) C.
Explanation:
A) from SRAS : Y = 750+P-40
Y = 710+P
From AD: Y = 600+ 10*600/P
Y = 600 + 6000/P
So solving two eqn
710+P = 600+6000/P
110 + P = 6000/P
P* = 40
Y* = 150
b) now M = 800
So new AD :
Y = 600+8000/P
So, as Y = 710+P
So at eqm
710+P = 600+8000/P
110+P = 8000/P
P' = 50
Y' = 710+50 = 760
from Okun law
(760-750)/750 = -2(u - .05)
1/75 = -2u + .1
2u = .0867
u = .0433
c) when price expectations adjust,then
Y = Y_bar = 750 : potential GDP
SRAS shifts upwards
So from AD:
750=600+10*800/P
P = 800/15
= 53.33
Answer:
A creditor is a person who lends money or extends credit to another person. A debtor is a system or person that owes money to another orginization or party (AKA a company or individual who owes money.)
Explanation:
Hope this helps you! Good luck :)
Answer:
$6.18
Explanation:
Data provided in the question:
Lease payment = $3,091 per month
Wages = $2,208
Amount for Flowers and other supplies = $1,887
Number of flower arrangements produced per month = 662
Now,
The Variable cost are Wages and Amount for Flowers and other supplies
therefore,
Total variable cost = $2,208 + $1,887
= $4,095
Hence,
Emma’s average variable cost of production
= [ Total variable cost ] ÷ [ Number of flower arrangements produced ]
= $4,095 ÷ 662
= $6.18
Answer:
D) $2,200
Explanation:
The IRS does not allow individuals to deduct time spent as a volunteer from their gross income, volunteers can only deduct certain expenses related to the activity.
The only things that Emily can deduct for this charitable activity are transportation costs, lodging costs and meals:
Emily's deduction = $600 + $1,200 + $400 = $2,200
