If a government accumulates chronic budget deficits over time, what's one possible result?

Profit motive and a sense of __________ act as powerful incentives for many entrepreneurs. A. power

dimaraw [331]

Is there anymore answers so i can help u? but i feel like it would be sense of humor.

7 0

3 years ago

If the number of employed persons in a country equals 27 million, the number of unemployed persons equals 3 million, and the num

Charra [1.4K]

Answer:

26.67%

Explanation:

Employed person = 27 million

Unemployed person = 3 million

Total labour force = Number of people employed + Number of people unemployed

Total labour force = 27 million + 3 million

Total labour force = 30 million

Unemployment rate = Number of people unemployed + Remaining people / Total labour force

Unemployment rate = 3 million + 5 million / 30 million

Unemployment rate = 8/30

Unemployment rate = 0.2666667

Unemployment rate = 26.67%

Hence, the unemployment rate equals 26.67%

5 0

3 years ago

Suppose a new off-campus university apartment complex could rent its rooms on the open market for $900 a month. If, instead,

attashe74 [19]

Answer:

A

Explanation:

the price cap is form of price ceiling

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

4 0

3 years ago

Consider the following hypothetical facts about Mexico: The peso recently lost over 40% of its value relative to the dollar. Ove

UNO [17]

Answer:

The annualized return of the investment is R=0.286 or 28.6%.

Explanation:

The expected value takes into account all the possible outcomes and their probabilities. In this case, there are only 2 possible outcomes:

1) Mexican government lose control of the economy. Probability: 25%.

2) The Mexican government don't lose contol of the economy. Probability: 75%

In the Case 1, the local stock market will fall by 10% and the peso will lose 20%.

The return in dollars can be calculated as:

$R=(1+\Delta SM)/(1-\Delta P)-1=(1-0.10)/(1+0.2)-1\\\\R=0.90/1.20-1=0.75-1=-0.25$

being ΔSM the return of the stock market and ΔP the apreciation of the peso.

For the Case 2, we have that the local stock market will rise by 5% and the peso will appreciate by 5%.

The return in this case is

$R=(1+\Delta SM)/(1-\Delta P)-1=(1+0.05)/(1-0.10)-1\\\\R=1.05/0.90-1=1.17-1=0.17$

Then, the expected value is:

$E(R)=\sum p_iR_i=p_1R_1+p_2R_2=0.25*(-0.25)+0.75*(0.17)\\\\ E(X)=-0.0625+0.1275=0.065$

The expected dollar return in the 90 days is R=0.065.

If we annualized, the annual rate of return of this investment is:

$R_a=(1+R)^{N/n}-1=1.065^{360/90}-1\\\\R_a=1.065^4-1=1.286-1=0.286$

8 0

3 years ago

If an economy is experiencing a recession, the classical approach to achieving full employment is to:

agasfer [191]

Build up the military
just like how usa got out of the depression

3 0

4 years ago