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Colt1911 [192]
3 years ago
15

Suppose two economists are arguing about policies that deal with unemployment. One economist says, " the government could lower

unemployment by one percentage point if it would just increase government spending by 50 billion dollars". The other economist responds, " Hogwash. If the government spent an additional 50 billion dollars, it would reduce unemployment by only one tenth of one percent, and that effect would only be temporary". These economists:
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer:

The correct answer is Disagree because they have different scientific judgements.

Explanation:

Obviously, what is demonstrated in the previous situation is that the two economists think differently. For this reason, they have different judgments from a training that allows them to recognize the events and propose alternatives to the problems presented.

Value judgments are the criticisms or comments that all people make towards other people or things depending on our perspectives or tastes.

Scientific judgments are always objective and are made with the scientific method, and are made with observation and verification.

We make moral judgments based on the "good or bad" human acts of a person and thus to discover their morality.

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Jason opened up a steak and seafood restaurant. when jason opened his business, his primary objective was to?
damaskus [11]

The primary objective  of Jason when he  opened up a steak and seafood restaurant was to change the cattle and seafood industry.

<h3>What is a business?</h3>

Business involves the process of buying as well as the selling of different goods as well as products, which can also been seen in the food industry.

It should be noted that ,in the case of jason, The primary objective  of Jason when he  opened up a steak and seafood restaurant was to change the cattle and seafood industry.

Learn more about business at:

brainly.com/question/24448358

#SPJ1

4 0
2 years ago
When a domestic country is small relative to world markets, is a price taker, and its consumption and production do not affect t
Vlada [557]

When a domestic country is small relative to world markets,is a price taker and its consumption and production do not affect the world price,it can be studied using macroeconomic variables.

Given that a domestic country is small relative to world markets, is a price taker, and its consumption and production do not affect the world price.

We are required to give a way to study the effect of size of country on the world prices.

The prices depend on the size of the country. The country which is big in size can manipulate the prices by changing the supply of the goods whereas the country which is not much big cannot change the prices. The demand and supply of international prices are the macroeconomic variables.So to study the effect of size of country on the prices,we need to study these variables.

Hence when a domestic country is small relative to world markets,is a price taker and its consumption and production do not affect the world price,it can be studied using macroeconomic variables.

Learn more about macroeconomics at brainly.com/question/15430721

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5 0
2 years ago
Suppose that a friend has started a business selling software. The software is a great​ hit, and the firm quickly grows large en
Jet001 [13]

Answer:

No, we should not buy the stock

Explanation:

The question states that after 55 years, the friend intends to close the company. That implies that after 55 years the value of the purchased share would be $0.

For next 55 years he has promised to pay $9 as a dividend each year.

The share selling price is $124 per share.

To decide whether to buy the share or not, we must first calculate the present value of the dividends to be paid, and then compare that value to the share's selling price and if the present value of the dividends received is greater than the share's sale price then the share will not be purchased.

Dividend per year = $9

Rate of return = 8%

Period = 55 years

Present Value = $9(P/A, 8%, 55)

Present Value =  $110.87

The present value of dividends to be received is $110.87

The present value of dividends to be received is less than the selling price of share.

So, we should not buy the stock.

6 0
4 years ago
Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually.
aleksley [76]

Answer:

a) Future Value = $530

b) Future Value = $561.8

c) Present Value =$566.037

d) Present Value =$533.99

Explanation:

FV = PV × (1+r)^n

FV -future Value , r- interest rate,n- number of years , PV-present Value

FV = 500 ×(1.06)^1 =

Future Value = $530

b

FV = 500 × 1.06^2 =

Future Value = $561.8

c) Present Value

PV = FV × (1+r)^(-n)

PV =  600 ×1.06^(-1)=566.037

Present Value =$566.037

d)

PV = FV × (1+r)^(-n)

FV -future Value , r- interest rate,n- number of years , PV-present Value

PV =  600 ×1.06^(-2) = 533.99

Present Value =$533.99

a) Future Value = $530

b) Future Value = $561.8

c) Present Value =$566.037

d) Present Value =$533.99

3 0
3 years ago
Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
Mamont248 [21]

Answer:

(c). no longer satisfies a sufficient number of customers

Explanation:

Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.

A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.

Hence, the correct option is (c). no longer satisfies a sufficient number of customers.

5 0
4 years ago
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