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3 years ago

The price of imported oil rises. If the government wanted to stabilize output, which of the following could it do?

Business

2 answers:

tankabanditka [31]3 years ago

8 0

Answer:

The correct answer is letter "A": increase government expenditures or increase the money supply.

Explanation:

Fiscal policy refers to the joint governmental decisions concerning taxation and spending of a nation. The term was coined by the British economist John Maynard Keynes (1883-1946) who claimed that governments could control rates of macroeconomic growth by raising the rate of employment, battling inflation and flattening business cycles.

Whether increasing government expenses or money supply, the overall economy will be balanced as long as the prices are going up as well.

Ber [7]3 years ago

6 0

Answer:

b. increase government expenditures or decrease the money supply

Explanation:

If the government wanted to stabilize output, there are a couple of levers they could pull. These are fiscal policies and monetary policies, fiscal policy, is all about changing how much we spend, if government has more money to spend, they can better negotiate and also decide how money is spent to a degree. So, the theory is if the government spends more, that would increase total output. The second lever to pull is messing with the money supply, monetary policy, If maybe there's more money out there, lower interest rates, it might increase output however because we are dealing with the price of imported oil decreasing the money supply would be the move to make because by decreasing the money supply we can make our currency more valuable, it's important to remember that the price of imported oil would not be affected by domestic monetary policies. If the money supply were increased our currency would devalue which would be counterproductive because a weaker currency means we pay more for imports.

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To indicate grouping in access, select _____ as the entry in the total row for the field to be used for grouping

Vinvika [58]

Select the Group By function. This makes it so that records of the same group are placed onto a single record with a column that is added and holds a nested table of the remaining columns. This function also returns a table with records grouped together based on the values in one or more columns.

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3 years ago

Cost allocation involves:_______.A. Identifying a cost driver for each cost to be allocated. B. Calculating an allocation rate f

Bess [88]

Answer:

d. all of the answers are correct

Explanation:

Cost allocation is being done:

1) to influence management behavior and thus promote goal and managerial effort,

2) to measure inventory costs and to know of goods sold on a product or project,

3) to justify cost (e.g to justify an accepted bid).

For example, if you are to determine the amount of electricity consumed at a particular period, the number of units consumed determines the total cost to be paid for the electricity consumed. In such an instance, the number of units of electricity consumed is a Cost Driver.

A cost driver is the most appropriate way of calculating or determining a specific cost.

Variable cost drivers can come in the form of hourly costs, costs per unit, or batch costs, among others.

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4 0

3 years ago

If profit per unit equals (price - cost per unit) and costs are temporarily fixed, then the aggregate supply curve will have

aliya0001 [1]

If profit per unit equals (price - cost per unit) and costs are temporarily fixed, then the aggregate supply curve will have a positive slope. From the equation that the profit per unit is equal to price minus by the cost per unit meaning that as prices rises and more output is produced. In doing so, as the effect of more output corresponding to an increase in price with a slope rising to the right depends on the response of the costs.

5 0

3 years ago

A friend asks to borrow $55 from you and in return will pay you $58 in one year. If your bank is offering a 6.0% interest rate o

Vlada [557]

Answer:

Value of deposit = $58.3

We can borrow approx $54.72 today if we are to pay bank $58 in one year from now.

The return provided by bank for a deposit of $55 is an interest of $3.3 (58.3 - 55) while the return provided by lending to a friend is $3 (58 - 55). So, the money should be deposited in the bank.

Explanation:

The interest offered by the bank is at 6% which we assume is the simple interest rate. To calculate the value one year from now of $55 deposited in the bank at 6%, we can use the following formula,

Value of deposit = Principal + Interest

Where,

Interest can be calculated as = Principal * interest rate

So,

Value of deposit = 55 + 55 * 0.06

Value of deposit = $58.3

We would have $58.3 one year from now if deposited in the bank.

To calculate the money that can be borrowed today for a one year later payment of $58 can be calculated using the present value formula,

Present Value = Future Value / (1+i)^t

Present value = 58 / (1+0.06)^1

Present value = 54.71698113 rounded off to $54.72

So, we can borrow approx $54.72 today if we are to pay bank $58 in one year from now.

The return provided by bank for a deposit of $55 is an interest of $3.3 (58.3 - 55) while the return provided by lending to a friend is $3 (58 - 55). So, the money should be deposited in the bank.

7 0

3 years ago

Calidasth is a company that sells cosmetic products. Its retail outlets offer discount sales at the end of every season. In the

Alex Ar [27]

Answer:

Limited Relationships

Explanation:

Customer Relationship management (CRM) refers to the practices and policies followed by an organization w.r.t interaction with it's customers. The concept lays emphasis upon creating healthy customer relationships and solving customer questions and queries in the most efficient manner.

CRM in a way represents the technology or platform a company uses so as to manage it's external interactions with customers.

Software, artificial intelligence, etc represent some of the areas wherein CRM has grown technologically.

The given case points towards the existence of a transactional relationship i.e relationships which is limited only till the transactional level. Under this, the company's does not exactly establish relationship with customers.

3 0

3 years ago