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REY [17]
3 years ago
12

Assuming that the physical output (i.e., the actual quantity of all final goods and services) of all final goods and services re

mains constant, if the general price level in the economy triples, so does nominal output.
a) true
b) false
Business
1 answer:
joja [24]3 years ago
5 0

Answer:

a) true

Explanation:

A rise in the general price level is called inflation and it affects the nominal value of the company's output. E.g. you sell pants and last year they sold at $10 and now since inflation rate is 10%, they sell at $11. But inflation only affects nominal values, it doesn't affect real values which are calculated using a base price of a certain year X, times the quantity sold. Following the example, your real output would not be $11 per pair of pants, instead it would still remain at $10 since the inflation is discounted.

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A fitness professional is training a beginner client who has never tried resistance training. How many exercises per body part i
yuradex [85]

Answer:

1-2.

Explanation:

4 0
3 years ago
Joan purchased a condominium. When she bought it, she realized the homeowner's association had a variety of rules and regulation
Sergeu [11.5K]

Answer:

Constitutional protection and guarantees do not necessarily extend to private property, an generally they don't. Constitutional protections and guarantees cover any government action (at any level): But since the condominium is private property, then the homeowner association's action is not covered. It is most likely that Joan will be forced to leave the condominium.

Explanation:

5 0
3 years ago
Chiptech, Inc., is an established computer chip firm with several profitable existing products as well as some promising new pro
zalisa [80]

Answer and Explanation:

The computation is shown below:

a) Growth rate = ROE × retention ratio

= 23% × (1 - .40)

= 13.80%

Value of stock = D1 ÷ (k - g)

= 0.84 × (1 + .1380) ÷ (.16 - .1380)

= $43.45

b) Revised growth rate after year 2 = 16% × .50

= 8%

Value at T2 = D3 ÷ (k - g)

D3 = Earnings × (1 + G1)^2 × (1 + G2) × Payout ratio

= 2.1 × (1+.1380)^2 × (1+.08) × .50

= 1.47

Value at T2 = 1.47 ÷ (.16 - .08)

= $18.38

Value at T0 = Value at T2 ÷ (1 + r)^n

= 18.38 ÷ (1 + .16)^2

= 13.66

3 0
3 years ago
In which of the following situations can multiple regression be performed? Select all that apply. Select all that apply: predict
Dimas [21]

Answer:

a. predicting the current salary of an employee, given the initial salary and the number of years the employee has been in his or her current position

b. predicting the number of home runs a baseball player will hit in the next season, given the number of home runs the player hit in the previous season and the number of doubles the player hit in the previous season

Explanation:

Multiple regression is a regression method that is employed to to predict the value of a variable, called the dependent variable, based on the value of two or more other variables, called the independent variables.

From the question, on the following two options have one dependent and at least two independent variables as indicated below:

a. "<em>the current salary of an employee</em>" is the dependent variable. "<em>the initial salary</em>" is the first independent variable, and "<em>the number of years the employee has been in his or her current position</em>" is the second independent variable.

b. "<em>the number of home runs a baseball player will hit in the next season</em>" is the dependent variable. "<em>the number of home runs the player hit in the previous season</em>" is the first independent variable, and "t<em>he number of doubles the player hit in the previous season</em>" is the second independent variable.

6 0
3 years ago
Determine which reason for downward-sloping demand best explains each examples below. Drag the reason to the example to complete
valentina_108 [34]

Answer:

Income effect

Substitution effect

Diminishing marginal utility

Explanation:

The demand curve in downward sloping. The demand curve shows that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

The income effect says that if prices fall, a consumer would be able to buy more quantities of the good as the consumer's real income rises. Conversely, if prices rise , the consumer would be able to buy less quantities of the good as the consumer's real income falls.

In the question ,when the price of cupcakes fall, the quantities purchased increases.

Substitution effect assumes that If the prices of a good falls, consumers would substituite the consumption of other goods for the good whose price fell. As a result, the quantity demanded of the good whose price falls increases. Conversely, if the price of a good rises, consumers would substituite the consumption of the good for cheaper goods.

In the question, when the price of the cereal increases, the consumer substituites the consumption of the cereal for a generic cereal.

Diminishing marginal utility states that as more and more of the quantity of a good is consumed ,the level of utility derived from the consumption of the good falls and the quantity consumed falls.

I hope my answer helps you.

6 0
3 years ago
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