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2 years ago

In the market for magazines, the "income effect" means that

1 answer:

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The income effect shows a change in someone or the economy's income and how it changes the quantity of a good or service. If one is making more, they are usually buying more of something. If someone is making less, they are often buying less of something.

In the market for magazines, the "income effect" means that if the price of a magian rises magazine readers will purchase less magazines.

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Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governor

Taya2010 [7]

The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

<h3><u>What is board of governors?</u></h3>

The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members.
The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

Know more about board of governors with the help of the given link:

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1 year ago

For the coming year, Belton Company estimates fixed costs of $60,000, the unit variable cost of $25, and the unit selling price

NeTakaya

Answer:

1. Break even point in units = 2,400 units

2. Sales required = 6,400 units

3. Operating income = $140,000

Explanation:

Given:

Fixed costs = $60,000

Variable cost =$25 per unit

Selling price = $50 per unit

Computation:

1. Break-even point in units of sales.

Contribution per unit = sales - VC

Contribution per unit = $50 - $25

Contribution per unit = $25

Break even point in units = Fixed costs / Contribution per unit

Break even point in units = $60,000 / $25

Break even point in units = 2400 units

2. Unit sales required to realize operating income = $100,000

Sales required = (Fixed costs + Operating income) / Contribution per unit

Sales required = ($60,000 + $100,000) / $25

Sales required = 6400 units

3. Operating income if sales total = $400,000

Contribution margin = [$25/ $50]100 = 50%

Operating income = Contribution margin - Fixed costs

Operating income = ($400,000 × 50%) - $60,000

Operating income = $140,000

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3 years ago

Marlena acquired the following new assets during 2017:

Mila [183]

Answer:

(A) Half-year and (D) Half-year

Explanation:

MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method .Without getting into too much detail, MACRS is accelerated depreciation that allows for a larger deduction while the asset is still new. By comparison, straight-line depreciation gives you the same deduction year after year over the asset's useful life. MACRS cannot be used for intangible property, nor can it be used to depreciate. MACRS convention determines the number of months for which you can claim depreciation during a partial year, either when you first placed the asset in service or when you disposed of it. The mid-month convention only applies to residential rental property, nonresidential real property, and railroad grading or tunnel bore. It simply means that you get a half month's worth of depreciation no matter when that asset was placed into (or taken from) service during that month, whether that was at the beginning, middle, or end of the month. The half-year convention works the same way but instead of the month it goes by the year. In other words, you'll get 6 months' depreciation if the asset was placed into service or disposed of during the year, no matter if it was in January or December.

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3 years ago

Operations management deals with the set of activities that create value in the form of goods and services by transforming input

blondinia [14]

Answer:

The statement is True.

Explanation:

The operations management of any organization is responsible to create value for the organization by transforming raw material into finished goods and convert input into output. The operation management deals with set of activities and follows all the guidelines and operating procedures in order to create value for the organization and achieve ultimate goals of the company.

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3 years ago

The price of houses in Bellevue area has been increasing by 10% since last year, according to Zillow.coma.) This is a normative

Andre45 [30]

Answer:

option D This is a positive statement

Explanation:

According to the Positive statement , it is factual and simply describing in nature.

The statement is not judgmental in nature.

While the Normative statement is judgmental in nature

Also, normative statement specifies what ought to be done.

In the statement given in the question, fact is providing about the Bellevue area by Zillow.com.

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2 years ago