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3 years ago

The Federal Open Market Committee:

Business

1 answer:

Sauron [17]3 years ago

3 0

Answer:

The correct option here is D) none of the answers are correct.

Explanation:

The federal open market committee consists of total twelve members , where seven are federal reserve board of governors and five are presidents of regional federal banks. This committee usually meets eight times a year.

So from the given above detail regarding open market committee , it is clear that the first three options given in the question are incorrect.

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Suppose that households have significantly reduced their consumption of beef in response to a rise in beef prices, and substitut

Gnesinka [82]

Answer: Substitution bias:

Explanation:

Substitution bias explains a possible bias in economic index numbers if they do not incorporate data on consumer expenditures changing from products with a relatively high cost to a product with a cheaper price as the prices changes.

Substitution bias happens or can occurs when prices for products change relative to one another product. Consider how consumer expenditures are reflected in a consumer price index. Consumers will tend to buy more of the good whose price declined, and less of the now relatively more expensive good.

5 0

4 years ago

which of the following should be avoided when solving a problem? A) Assessing B)Compromising C) Procrastinating D) Projecting

nexus9112 [7]

Procrastinating and that’s the answer

7 0

3 years ago

Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded ar

andrew11 [14]

Answer:

Income effect

Explanation:

Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded are composed of two effects, the substitution effect and the Income effect.

We know as per the law of demand, price increases lead to decrease in the quantity demanded if factor remain constant.

Quantity demanded has effect of two other major factors:

Subtitution effect.
Income effect.

Subtitution effect: It is the price of subtitution goods & services also lead to increase and decrease of demand for any particular goods.

Example: Price of tea and coffee.

Income effect: It is the income of consumer that effect the demand of any goods & sevices, as with the increase in income of consumer, their demand for inferior goods decreases and demand for branded goods increases.

Example: Non branded clothes and branded clothes.

3 0

3 years ago

The case study method is most effective in:A. Proving out theoryB. Narrowing the gap between theory and practiceC. Simulating re

tino4ka555 [31]

Answer:

Letter B is correct. Narrowing the gap between theory and practice.

Explanation:

Case study is an investigative methodological approach applied to simple or applied social sciences. It is carried out through the use of different qualitative methods for the collection of data and information relevant to the foundation of the research. The qualitative method is the most appropriate in a case study, as it occurs through subjective and not substantially statistical means of in-depth analysis of relevant factors in an event, an individual, an institution, a group and others.

Case studies can be classified as:

exploratory,
descriptive, or
explanatory.

So it is correct to state that the purpose of the case study is to reduce the difference between theory and practice. Because the analysis of the information collected and the variables and patterns found will provide subsidies for the discussion and better understanding and reasoning between what happens between the theory and the practice analyzed in the case study.

3 0

3 years ago

Connors Corporation acquired manufacturing equipment for use in its assembly line. Below are four independent situations relatin

kobusy [5.1K]

Answer:

A: we reocrd at cost, which is the discounted price:

40,000 x (1 - 2%) = 39,200

Equipment 39,200 debit

Cash 39,200 credit

B: we discount the note implicit interest:

42,000 / 1.12 = 37,500

Equipment 37,500 debit

Note payables 37,500 credit

C: Because; there is commercial substance we recognize the loss on the old equipment as the book value is 13,500 while it is being traded at 8,500

We write off, post the cash used and the loss. The new equipment enter the accounting for the difference to blaance the entry:

equipment 45,500 debit

acc depreciation 15,500 debit

loss at disposal 5,000 debit

cash 37,000 credit

equipment 29,000 credit

D: we evaluate the equipment at fair value

Equipment 40,000 debit

common stock 2,500 credit

additional paid-in 37,500 credit

We now it is no-par therefore there is an additional paid in.

As we aren't provide with the face value we assume is 1 dollar.

Explanation:

5 0

3 years ago