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Arte-miy333 [17]
3 years ago
11

With respect to how economists study the economy, which of the following statements is most accurate? a) Economists study the pa

st, but they do not try to predict the future. b) Economists use "rules of thumb" to predict the future. c) Economists devise theories, collect data, and analyze the data to test the theories. d) Economists use controlled experiments in much the same way that biologists and physicists do.
Business
1 answer:
vampirchik [111]3 years ago
5 0

Answer:

Option (c) is correct.

Explanation:

Economists refers to the people who are doing research, analyzing data and measure the qualitative activities in terms of money.

For research perspective, one should have proper knowledge about the research problem that he or she need to address in his or her research. Then he should collect the reliable and accurate data for the analysis. Data is very important for a particular research study.

Once the data is ready to analyze then the economists run the data and interpret the results.

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Discretionary fiscal policy is defined as fiscal policy Group of answer choices initiated by a Presidential proclamation. left t
Galina-37 [17]

Discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.

<h3>What is discretionary fiscal policy?</h3>

This refers to the decision of the federal government to increase or decrease taxes. Here, the changes in taxes are subject to the president and congress approval.

Hence, discretionary fiscal policy is defined as fiscal policy triggered by the state of the economy.

Learn more about discretionary fiscal policy here: brainly.com/question/6483847

#SPJ1

4 0
2 years ago
In reviewing his company's operations, a risk manager noticed that all of the company's finished goods were stored in a single w
diamong [38]

Answer:risk control

Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.

Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.

In order of effectiveness (from most effective to least), risk control methods include:

Elimination: removing the risk entirely

Substitution: swapping an item or work process for a safer one (for instance, switching to an industrial cleaner that poses fewer respiratory risks)

Engineering controls: modifications to the environment or equipment that poses the risk (such as installing mirrors in warehouses or machine guards on circular saws)

Administrative controls: modifications to the workflow or work process (for example, rotating employees through several different work tasks to prevent repetitive stress injuries)

Personal protective equipment: safety gear worn by the workers, such as hard hats, safety glasses, and chemical-resistant gloves

6 0
2 years ago
Market equilibrium is defined as the point where _______________ . (Select all that apply.)
Mrrafil [7]
Quantity supplied equals to quantity demanded.
8 0
3 years ago
Read 2 more answers
A machine costs $1,000 and has a 3-year life. the estimated salvage value at the end of three years is $100. the project is expe
AnnyKZ [126]
Cost of machine = $1,000

NPV of revenues = p( \frac{1- (1+RoR)^{-n} }{RoR} ) = 600( \frac{1- (1+0.1)^{-3} }{0.1} ) = $1,492.11

NPV of salvage value = FV ( \frac{1}{ (1+RoR)^{n} } )= 100( \frac{1}{ (1+0.1)^{3} } ) = $75.13

Total NPV = -1000+1492.11+75.13 = $567.24 ≈ $567
5 0
3 years ago
Westchester Corp. is considering two equally risky, mutually exclusive projects, both of which have normal cash flows. Project A
inn [45]

Answer:

d. If the WACC is 9%, Project B's NPV will be higher than Project A's.

Explanation:

The internal rate of return is the return in which the NPV is zero i.e cash inflows equal to the initial investment

While the WACC refers to the cost of capital by considering the capital structure i.e cost of equity, cost of preferred stock and cost of debt by taking their weightage

Now if the WACC is 9% so project B NPV would be higher as compared to project A as we can see that project B IRR is greater than the project A IRR

Therefore option d is correct

5 0
3 years ago
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