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2 years ago

1. According to Wallach, what is short-termism, and why is it a problem?

Business

1 answer:

Aleks04 [339]2 years ago

6 0

I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.

<u>Explanation:</u>

According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.

In his words, short-termism is a problem because;

"it prevents the CEO from buying really expensive safety equipment"
"prevents teachers from spending quality one-on-one time with their students".

So in summary what Wallach is saying is that short-termism prevents futuristic thinking.

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According to Keynesian business cycle theory, A. inflation is procyclical and leading. B. the procyclical movement of investmen

TEA [102]

Answer: D. the procyclical behavior of labor productivity occurs due to firms' labor hoarding practices.

Explanation:

Keynesian Economists argue that firms practice labor hoarding which is the practice of keeping workers when they should not such as when there is a Recession. They should not keep these workers because demand has slowed so keeping them means that they will not be producing to meet the demand.

The procyclical behavior of labor productivity means that labor productivity goes by the Business Cycle in that it is high when the Economy is booming and low when it is in a Recession.

Productivity is calculated by dividing goods produced by the number of labor producing them.

By refusing to fire workers during a Recession, there will be too many workers producing too few goods which will decrease labor productivity which is why according to Keynesian Economists, the productivity is low in Recessions.

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2 years ago

Which of the following best describes the purpose of an Egyptian pyramid?

marishachu [46]

Answer:

C. The pharaoh's burial chamber

Explanation:

The purpose of the Pyramids where for when the Pharaoh were to die they would be wrapped and put in a coffin and placed in the BURIAL CHAMBER will lots of treasures for the afterlife.

6 0

2 years ago

Cost-push inflation is A. inflation caused by increases in aggregate demand that are not matched by increases in aggregate suppl

Mademuasel [1]

Answer:

C. inflation caused by decreases in aggregate supply that are not matched by decreases in aggregate demand

Explanation:

Inflation occurs when the cost of a basket of goods increases over a period of time. The purchasing power of money is reduced. It is characterised by low supply and high demand.

There are two drivers of inflation: cost push inflation and demand pull inflation.

Cost push inflation results when there is an increase in cost of production of goods and services.

This reduces the amount of goods supplied and increases their price.

Demand does not reduce in this scenario, so reduced supply does not match the excess demand.

On the other hand demand pull inflation occurs when there is increased demand for goods and services. Supply cannot meet the increased demand

4 0

3 years ago

Llustrate your understanding of how to use the adjusted trial balance to prepare an income statement by completing the following

Semenov [28]

Answer:

Revenue and all their credit balances are transferred to the income statement and all the expenses and their debit balances are included in the income statement.

Explanation:

Keep it simple. In the income statement comes the savings from the operations of the company which means

Savings (Profit) = Revenue - Expenses

So the revenue credit balances and expenses debit balances must be reported in the income statement.

3 0

3 years ago

Read 2 more answers

Discount-Mart issued ten thousand $1,000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually.

guajiro [1.7K]

Answer:

The interest rate of the bond issued it's 6%, so the company always pays the same amount of interest, $300,000 (3%) each period because it's semiannually, total year of $600,000.

Explanation:

The difference lies on the rate interest accepted by the market, the information indicates that the market requires a higher interest rate to lend the money to the company at this moment.

It the moment of the bond issued the company register:

Debit $8,640,967 Cash

Debit $1,359,033 Discount on Bonds Payable

Credit $10,000,000 Bonds Payable

At the moment of record the first interest payment

Debit $345,639 Bond Interest Expense

Credit $45,639 Discount on Bond Payable

Credit $300,000 Cash

At the moment of record the second interest payment

Debit $347,464 Bond Interest Expense

Credit $47,464 Discount on Bond Payable

Credit $300,000 Cash

5 0

3 years ago