All categories

4 years ago

13. T F A high standard deviation generally means that the data points are widely

Business

1 answer:

Vladimir [108]4 years ago

4 0

Answer:

True.

Explanation:

Standard deviation can be defined as a quantity used to determine or measure how much a set of values differs from the mean value.

A high standard deviation generally means that the data points are widely scattered from the mean while a low standard deviation generally means that the data points are closely related to the mean or average value.

You might be interested in

Monetary policy is neutral in both the short-run and the long-run. b. Though monetary policy is neutral in the long-run, it may

Trava [24]

Answer:

Explanation:

Monetary policy are policies taken by the central bank of a country to shift aggregate demand.

Tools of monetary policy

1. Open market operations : government can either sell bonds to the public, this is known as open market sales. this is an example of an contractionary policy or it can buy bonds from the public. this is known as open market purchase. it is an expansionary policy

2. Reserve Requirement : Reserves are the proportion of deposits required by the central bank that banks keep

If reserve requirement is increased, it is an example of a contractionary policy. If on the other hand, it is reduced, it is an example of an expansionary policy.

3. Discount rate : this is the rate at which the central bank lends to commercial banks. An increase in discount rate is a contractionary policy while an decrease in discount rate is an expansionary policy

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

Goals of monetary policy include

• financial market stability

• economic growth

• high employment

Money neutrality is an economic theory that changes in money supply do not affect real variables but only affect nominal variables. As a result, monetary policy is neutral in the long-run and affects real variables in the short-run.

4 0

3 years ago

If ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by

mrs_skeptik [129]

Answer:

Net income will remain same.

Explanation:

Net income is no change in net income because the sales is increase as the price of decreased. Net impact is zero.

For Example:

Price = 100

Variable cost = 50

Flights = 100

Net income = (100-50) x 100 = $5,000

Revised Calculation

Price = 100 x 90% = $90

Variable cost = 50

Flights = 100 x 125% = 125

Net income = (90-50) x 125 = $5,000

There is no change in the net income.

7 0

4 years ago

A for-profit institution that works with large companies and corporations to manage deposits, loans, and investments is known as

Dima020 [189]

B. commercial bank is the answer.

4 0

3 years ago

Read 2 more answers

Because of threat of misstatement due to inaccurate cutoff of sales records, auditors should compare the sales recorded for seve

Svetradugi [14.3K]

After the balance sheet date with duplicate sales invoices and shipping documents.

<h3 /><h3>What is the risk of material misstatement?</h3>

The risk of major misrepresentation is the possibility that an organization's financial statements contain significant errors. Auditors evaluate this risk at the two levels listed below. The level of detection risk is reduced when the danger of material misstatement is high (increases the amount of evidence obtained from substantive procedures). The risk of an audit is decreased as a result.

To know more about misrepresentation visit:

brainly.com/question/28964131

#SPJ4

4 0

2 years ago

The political business cycle refers to Group of answer choices the fact that about every four years some politician advocates gr

kirill [66]

Answer:

the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected.

Explanation:

A political business cycle can be defined as a business cycle that typically arises from the manipulation and tweaking of economic policy tools such as fiscal policy and monetary policy by incumbent (serving) politicians, in order to stimulate and enhance the economy of a particular country before an election. Thus, this would go a long way to boost the chances of the candidate representing the particular political party and reelection into office by the people.

Hence, the political business cycle refers to the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected.

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

Additionally, Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being such as Real GDP.

4 0

3 years ago