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marusya05 [52]
3 years ago
12

05) Assume that prices and wages adjust rapidly so that the markets for labor, goods, and assets are always in equilibrium. What

are the effects of each of the following on output, the expected real interest rate, and the current price level? (a) a temporary increase in taxes (b) a reduction in the effective tax rate on capital (c) an increase in expected inflation
Business
1 answer:
Kay [80]3 years ago
4 0

Answer:

Explanation:

a. A temporary increase in government purchases would result in a  reduction in savings, which would, in turn, lead to the implementation of higher taxes by the government so as to match prices and wages.

This would: make output to remain unchanged, real interest to increase and current price level to increase as well.

b. A reduction in expected inflation would lead to an increment in the demand for real money, as people do not expect inflation to increase for a while. Thus, more demand creates a reduction in the price level. Everything else remains unchanged. This would: make output remain unchanged, real interest remain unchanged and the current price level to decrease.

C. A temporary increase in labor supply would make more people have jobs and therefore more people can save. If more people save the interest rates are liable to decrease therefore money demand will increase. This would: make output to increase, real interest to decline and current price level to decrease.

d. An increase in the interest rate paid on money will lead to a higher demand for money. With an unchanged nominal money supply and higher money demand, the price would decline but everything remains unchanged. This would make: output remain unchanged, real interest remains unchanged and the current price level decrease.

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Which of the following statements concerning chloroplasts is false?
ziro4ka [17]

Answer:

D) They are unrelated to plastid

Explanation:

Chloroplasts -

It is one of the organelles present in the plant cell , which is responsible for the process of photosynthesis .

The structure of a chloroplast , has two membranes one outer membrane and one inner membrane . The composition of chloroplast have stack of thylakoids , which are responsible for the photosynthesis .

This organelle is also called a plastid .

Hence , the incorrect statement is ( d ) .

8 0
3 years ago
Credit offered in the form of ____________ is most common in department and clothing stores and other high-volume outlets, where
GuDViN [60]

Answer:

retail charge cards

Explanation:

A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.

Hence, the use of credit cards by consumers broadens a small company's customer base.

This ultimately implies that, small businesses or companies who avail their customers the opportunity to pay using a credit card will increase the number of customers that would patronize them because they are typically buying the goods and services on credit.

Generally, there are three (3) main types of credit card and these includes;

I. Debit card.

II. Prepaid card.

III. Retail charge cards.

A retail charge card can be defined as a type of credit card commonly issued by retailers to their customers in order to avail the customers an ability to charge their goods and services to a specific amount that has been established prior to a purchase.

Hence, it is most common in merchant department, car rental firms, oil companies, clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.

5 0
2 years ago
Which best describes the business, management, and administration career cluster?
Arte-miy333 [17]

Answer:

are careers that are focused on running businesses.

Explanation:

The Business, Management, and Administration career cluster includes business skills essential to efficient, productive operations for any company (Administrative and information support, Business analysis, Business, financial management and accounting, Human resources, Management..) The Business, Management, and Administration career cluster is best described with the following: These are careers that are focused on running businesses.

Correct answer: A

4 0
1 year ago
Pick a specific product that you use frequently, such as a cosmetic or toiletry item, snack food, article of clothing, book, com
romanna [79]

Toiletry - Mouth wash, Snack food :- Peanuts, Adidas, Rich dad Poor dad by Robert Kiyosaki, Computer program R, Video game :- Fifa EA sports.

Explanation:

  • Mouth wash target market is to feel fresh while speaking.
  • Peanuts An athletics to get that extra energy at Rugby.
  • Adidas believing in sports and everybody loves that brand.
  • Rich dad poor dad how to become rich and convert ideas of business.
  • R programmer is a statistical tool for analyzing data for inferences.
  • EA sports is the most important part of sports Football is every growing.
  • Bring in new flavors,changing the taste of snacks, famous athletes.
  • Explain people who have been successful after reading the books.
  • Only way to appeal other markets buy understanding statistics.
4 0
3 years ago
Eleven baseballs are randomly selected from the production line to see if their stitching is straight. Over time, the company ha
zhenek [66]

Answer:

The production quality deviates from the standard. Production should de stopped.

Explanation:

Quality management is the process of detecting and reducing or eliminating errors in manufacturing. The focus of the process is to improve the quality of an organization's outputs.

The company standard of production is that 98,3% of their stitching must be straight. The quality can't be lower than that percentage. Any deviation must be analyzed and fixed.

In this case, 81% of the baseballs reach the minimum standard. The production should be stopped to find the cause of the deviation.

5 0
3 years ago
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