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Tems11 [23]
3 years ago
13

If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so

actual inflation ________ expected inflation. contractionary; will be equal to expansionary; will be less than expansionary; will be equal to contractionary; will be less than expansionary; will be greater than
Business
1 answer:
Deffense [45]3 years ago
6 0

Answer:

<u>expansionary; will be equal to</u>

Explanation:

<em>Remember</em>, monetary policies are basically divided into:

  1. expansionary monetary policy, and
  2. contractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

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Amazon. One of the largest online shopping websites in the world. The site is widely known for its wide selection of books, although the site has expanded to sell electronics, music, furniture, and apparel. ... Amazon was founded in 1995 by Jeff Bezos and is based out of Seattle, Washington.

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3 years ago
Consider the market in which clothing producers operate. Suppose productivity decreases in the factory producing jeans. Explain
Salsk061 [2.6K]

Answer:

Consider the market in which clothing producers operate. Suppose productivity decreases in the factory producing jeans. Explain how this event will change the quantity of jeans supplied and the supply of jeans today.

The quantity of jeans supplied decreases.

Explanation:

Since there is decrease in the production of jeans, hence; supply of jeans will be drastically decreased.

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3 years ago
The categories of continuous innovation, dynamically continuous innovation, and discontinuous innovation are based on levels of
Savatey [412]

It is based on level of consumer depending upon the consumer behavior.

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There are different stages consumer pass through to reach a buying decision making. Consumer decision making process represents a problem-solving approach and involves the following five stages – need recognition, information search, evaluation of alternatives, purchase decision and post-purchase behavior .

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Limited problem-solving. Consumers have established a basic criteria for product evaluation.

Routinised-response behavior. Consumers have some experience with the product category.

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5 0
1 year ago
Pattison Corporation is a service company that measures its output by the number of customers served. The company has provided t
allsm [11]

Answer:

Pattison Corporation

Activity Variance for "Travel expenses" for May would have been closest to:

$1,500 Favorable

Explanation:

Data and Calculations:

                           Fixed Element         Variable Element per  

                              per Month              Customer Served

Revenue                                                        $5,500

Employee salaries

 and wages            $46,300                         $1,000

Travel expenses                                             $ 500

Other expenses    $32,500

The Travel Expenses Activity Variance = Actual cost minus budgeted cost

= $8,500 - $10,000

= $1,500 Favorable

Actual travel expenses = ($500 x 17)

= $8,500

Budgeted travel expenses =  ($500 x 20)

= $10,000

Pattison Corporation's activity variance for Travel Expenses for the month of May is the difference between the actual travel expenses and the budgeted travel expenses.  The budgeted expenses are based on budgeted number of customers served in May while the actual expenses are based on actual number of customers served in May.

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3 years ago
Inventory costing methods place primary reliance on assumptions about the flow of.
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Inventory costing methods rely heavily on assumptions about the flow of costs. The most widely used inventory valuation method is the FIFO method.

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3 0
1 year ago
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