1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
choli [55]
3 years ago
11

Economist A believes that the elasticity of investment is 1.47 while economist B believes that the elasticity of investment is 0

.76. Which economist, A or B, is more likely to believe that a change in the interest rate will change the current economic environment?
Business
1 answer:
Anna71 [15]3 years ago
8 0

Answer:

Economist A

Explanation:

Elasticity is a measure of investment sensitivity. If the investment is elastic, a slight increase in price (interest rate) will decrease the amount of investment. Conversely, if the investment is inelastic, a change in interest rates will not considerably affect the investment rate. The calculation of elasticity consists of the change in the investment rate divided by the change in the interest rate. If the calculation of elasticity is less than 1, it is considered ineastic, while investments with elasticity above 1 are considered elastic. Thus, economist A believes that the investment rate is elastic to the interest rate, while economist B believes the opposite. So for economist A the rise in interest rates will affect the investment rate of the economy (and hence the macroeconomic environment) because in his view investment is elastic. Economist B does not believe that interest rate fluctuations will affect demand for investments.

You might be interested in
An unmanned instrumented spacecraft designed for the acquisition of scientific data carried out in a space environment is called
Nitella [24]

A space probe is an unmanned instrumented spacecraft that is designed to execute physical studies of space environment. It is rocketed into space with enough speed to achieve the velocity needed to obtain hyperbolic orbit and also to reach a trajectory that is aimed at a pre-selected target. 

<span> </span>

8 0
3 years ago
What technology uses a standard web browser to provide information, and gives the wireless user the opportunity to agree to a po
Lera25 [3.4K]

Answer:

Captive Portal Access Point

Explanation:

Based on the description provided it seems that the technology being mentioned is called a Captive Portal Access Point. This refers to a web page that is displayed as soon as you try to access a new Wi-Fi network. This web page requires the user to input login credentials (username and password) in order to gain access into the network and use all of the resources that the network can offer.

6 0
3 years ago
What is the type of occupation of densist​
ivann1987 [24]

Answer:

Dentist is an occupation related to dental/tooth disease.

Explanation:

It is an occupation related to dentistry which is in the field of health.

7 0
1 year ago
People choose a particular lifestyle and social context, or _____, because it is compatible with their personality traits
den301095 [7]
Ecological niche. ✨

I assume this is for psych, or something.
5 0
2 years ago
Consider a city of 200 people (100 rich and 100 poor) and two neighborhoods (100 people in each). Both groups generally prefer t
Mekhanik [1.2K]

Answer:

Explanation:

Step 1. Given information.

  • City of 200 people
  • 100 rich, 100 poor.

Step 2. Formulas needed to solve the exercise.

  • P(poor) = 0.9x^2
  • P(rich)= 35x-0.1x^2

Step 3. Calculation and step 4. Solution.

P(poor) = p (rich)

0.9x2 = 35x - 0.1x2

1x2 = 35x

x = 35

x is the percentage of rich above 50%, thus there are 35% rich people above 50%.

P (poor) = 1102.5

P (rich) = 1102.5

The equilibrium premium is $1,102.5

3 0
3 years ago
Other questions:
  • The application of marketing strategies and practices not for profit but rather to change or create behaviors that have a benefi
    8·1 answer
  • real GDP is a better measure of economic well-being than nominal GDP, because real GDP: adjusts the value of goods and services
    10·1 answer
  • Tanner Entertainment is a popular video game manufacturer. It has recently launched a special line of adventure video games, bas
    12·1 answer
  • On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month
    15·1 answer
  • Successful employee participation programs include all of the following except Select one: a. a profit-sharing or gain-sharing p
    15·1 answer
  • Self-imposed budgets typically are:
    15·1 answer
  • 1. Nunes, Orta and Paulo are partners providing engineering services. Relevant data regarding income-sharing relationships and c
    7·1 answer
  • Burns Corporation's net income last year was $99,200. Changes in the company's balance sheet accounts for the year appear below:
    12·1 answer
  • Golden Arch Company uses the periodic inventory system. It has compiled the following information in order to prepare the financ
    9·1 answer
  • The double-a of american airlines, the peacock of nbc, and the apple with a missing bite of apple are examples of a _______. bra
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!