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Semenov [28]
3 years ago
8

John Maynard Keynes described economics as an easy subject at which very few excel. Which of the following is not one of the rea

sons Keynes gave for why so few people excel at the study of economics? An economist must also be a mathematician, historian, statesman, and philosopher in some degree An economist must understand symbols and speak in words. An economist must be purposeful and disinterested in a simultaneous mood. An economist must understand environmental science, regulation, and political science Question 34 (2 points) When an economist points out that you and millions of other people are interdependent, he or she is referring to the fact that we all rely upon the government to provide us with the basic necessities of life rely upon one another for the goods and services we consume have similar tastes and abilities are concerned about one another's well-being Question 35 (2 points) a hor delete brt se C backspace 7 6 5 K G pause L
Business
1 answer:
user100 [1]3 years ago
6 0

Answer:

i) . An economist must understand environmental science, regulation, and political science is not one of the reasons Keynes gave for why so few people excel at the study of economics

ii)The answer is we rely upon one another for the goods and services we consume

Explanation:

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Which type of fiscal policy takes longer to affect the economy: demand-side or supply-side?
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Answer:

A.) supply-side

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.

This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.

Hence, a supply-side fiscal policy is typically designed to create an outward shift in the production possibilities curve (PPC) and shift the aggregate supply (AS) curve to the left.

Generally, a supply-side fiscal policy takes a longer period of time to affect the economy of a country.

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3 years ago
A set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decis
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I might be wrong but it’s a
6 0
3 years ago
Cash is an _____.
nikklg [1K]

A. Asset

Explanation:

-asset is a useful or valuable thing

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Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by
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They are using the Dual income and no kids method
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3 years ago
A bond with a face value of $6,000 and an annual coupon rate of 12% convertible semiannually will mature in ten years for its fa
Alinara [238K]

Answer:

Premium is $2,677.95

The premium amortization on the 7th payment is $119

Explanation:

In order to arrive at the premium on the bond,it is necessary to compute the issuing price of the bond,which can be done using the pv formula in excel as shown below:

=-pv(rate,nper,pmt,fv)

rate is the semi-annual yield to maturity on the bond which is 6%/2=3%

nper is the number of coupon interest payable by the bond,which is 10 years multiplied by 2=20

pmt is the semi-annual coupon payable by the  bond i.e 12%/2*$6000=$360

fv is the face value of the bond which is $6,000

=-pv(3%,20,360,6000)

pv=$8,677.95  

premium=issue price -face value

premium=$$8,677.95-$6,000

premium=$2,677.95

The premium amortization is the excess of coupon payment  over the interest expense.

In the attached, I calculated the premium amortization on the 7th payment.

I started by taking the issue price of $8677.95 ,added interest expense at 3% semi-annually ,deducted the coupon payment of $360,thereby leaving the outstanding balance at end of the year.

Note that the premium amortization is the excess of coupon payment over interest expense as colored coded.

Download xlsx
5 0
3 years ago
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