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3 years ago

Which of the following statements is false in regards to budgets?

Business

1 answer:

allochka39001 [22]3 years ago

4 0

Answer:

A. Budgets must measure a year in length

Explanation:

Budget periods are based on organisation goals or targets for a period of time. Budgets, which are estimates of income and expenses, can be prepared for a specified period of time e.g a year, a month, a week, five years etc. This makes option A incorrect.

In order to set realistic budgets, adequate research and review of past performance is required to set attainable goals for the organisation. Furthermore, for budgets to be effective, a sound organizational structure that clearly demarcates roles and responsibilities should be in place in order to meet the set goals. Therefore options B, C and D are correct.

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Coins, currency, demand deposits and travelers checks fit what definition of money supply?

Levart [38]

the answer is in fact M1

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3 years ago

Government purchases are spending by the government on goods, services, and factors of production. Government expenditures repr

Law Incorporation [45]

Answer: A. there has been a major increase in the amount of transfer payments the government makes through programs such as Social Security and unemployment insurance.

Explanation:

Since the 1950s, the US government budget for Transfer Payments to Social Security Programs and Unemployment benefits has increased tremendously.

The main transfer payments are Disability and Pension/ Retirement payments and they have been on the rise since the 50s.

These Transfer Payments are both a show of Humanitarianism as well as a form of Economic Investment as they help stimulate the Economy during times or Economic Distress by pouring money into it.

A typical example would be the $1,200 that Congress voted to provide direct cash payments of which totaled around $250 billion in March this year to help Americans who were hit hard by the lockdowns that have crippled much of the American economy.

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3 years ago

Afirm has production function q=10"(L^0.5)*(K^0.5), where "L"0.5" means "L raised to the 0.5 power," and the same applies to the

Amanda [17]

Answer:

(A) 15 × p

(B) $225\times p{^2}$

Explanation:

(B) direct= demand function of labor will be,

Q: f(w),

where Q is labor demand quantity and is function of wage

K=9 constant, then production function changes to,

$=30L^{0.5}$

Marginal product of labor:

$= 15L^{-0.5}$

Marginal revenue product or value of marginal product:

$=15p\times L^{- 0.5}$

This is showing what revenue a firm will generate due to hiring one additional unit of labor.

So firm will keep hiring until the revenue the additional labor is generating is equal to its hiring cost or wage.

So, putting MRP or VMP to wage:

$P\times15\times L^{-0.5}=W$

By solving,

$\frac{(225\times p^{2})}{W^{2}}=L$

And the multiplicative term is $225\times p{^2}$

(A) Inverse demand function of labor will be,

W: f(Q)

where W is wage rate and demand function of labor demanded quantity.

As previously solved,

$P\times15 \times L^{0.5}=W$

and the multiplicative constant term is 15 × p.

$=10L^{0.5}\times k{^0.5}$

$MP=\frac{(5\times k^{0.5})}{L^{0.5}}$

$VMP=\frac{P(5\times k^{0.5})}{L^{0.5}}$

( p is market price of good that firm is producing using labor)

putting it equal to Wage)

$W=\frac{(5\times k^{0.5})}{L^{0.5}}$

and the constant term is $P\times 5\times k^{0.5}$ .

Note:

I did a) second place and b) on first . I already put the serial alphabet on the start of the answer.

8 0

3 years ago

elixir [45]

Answer:Yes

Explanation:

Pooled data occur when there is a time series of different cross sections with each observations not necessarily from the same unit while Panel data is sample from the same units. The main difference between them is the "units". The units can be countries, households, schools or other things we are collating data on.

In pooled cross section, random samples from different time periods and from different units are taken e.g. we can take data on number of females and males in schools A, B and C in 2020 and schools X, Y and Z in 2023.

In pure panel data, we are using the same units e.g we can take data on genders in schools A, B and C in 2020 and collect data from the same schools in 2023. Therefore the main difference is just the units we observe.

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Bennett Griffin and Chula Garza organized Cole Valley Book Store as a corporation; each contributed $80,000 cash to start the bu

maria [59]

1478390 idk : ) please help this person

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3 years ago