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Phoenix [80]
3 years ago
6

For each of the following fiscal policy proposals, determine whether the primary focus is on aggregate demand, aggregate supply,

or both.
a. $1,000 per person tax reduction
b. a 5% reduction in all tax rates
c. Pell Grants, which are government subsidies for college education
d. government-sponsored prizes for new scientific discoveries
e. an increase in unemployment compensation

1. (i) both; (ii) supply-side; (iii) supply-side; (iv) both; (v) demand-side
2. (i) demand-side; (ii) both; (iii) supply-side; (iv) supply-side; (v) both
3. (i) demand-side; (ii) both; (iii) both; (iv) supply-side; (v) demand-side
4. (i) supply-side; (ii) demand-side; (iii) demand-side; (iv) both; (v) both
5. (i) supply-side; (ii) supply-side; (iii) demand-side; (iv) both; (v) both
Business
1 answer:
Bad White [126]3 years ago
4 0

Answer:

2. (i) demand-side; (ii) both; (iii) supply-side; (iv) supply-side; (v) both

Explanation:

a. $1,000 per person tax reduction  ⇒ focus on aggregate demand (more money for consumers to spend)

b. a 5% reduction in all tax rates  ⇒ focus on both aggregate demand and supply (more money for consumers and suppliers)

c. Pell Grants, which are government subsidies for college education  ⇒ focus on aggregate supply (more money for suppliers of college education)

d. government-sponsored prizes for new scientific discoveries ⇒ focus on aggregate supply (more money for suppliers of new scientific discoveries)

e. an increase in unemployment compensation  ⇒ focus on both aggregate demand and supply (more money for consumers resulting in higher prices and lower output)

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When Joe screens job applicants to ensure that he hires the most qualified candidate, he is performing the human resource functi
saul85 [17]

Answer:

Candidate Screening

Explanation:

Candidate Screening process is one of the human resource function through which the top managers works for selecting the best candidate's applications out of all those applications received. It involves screening that is going through the candidates resumes and cover letters.

It is a method through which skimming is done that is rejection of the unrequired candidates is done. Under such a method the candidate's screening is done keeping in mind the qualifications and experience of the candidate fit for the required post in the organization.

It is a negative process because it involves rejection of the candidates applications.

6 0
3 years ago
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Benjamin Company had the following results of operations for the past year:Sales (16,000 units at $10.25) $164,000Direct materia
Mamont248 [21]

Answer:

Profit will increase by 5,975

Explanation:

From past year we can see that total variable cost will be:

Direct Material+Direct Labor+Variable Over head.

Total Variable Cost =100,000+20% of 20,000

Total Variable costs = 100,000+4000= 104,000

Per Unit Variable cost = Total Variable cost/Total Unit Produced

Per Unit Variable Cost = 104,000/16,000 = 6.5

If Benjamin accepts the offer results will be:

Sale (4,500*8.05) 36,225

Variable Cost (4,500*6.5) (29,250)

Incremental Fixed cost (650)

Incremental admin

and selling cost (350)

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3 years ago
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Why are there so many cell phone stores in bad neighborhoods?
frosja888 [35]
In my opinion, bad neighborhoods have a large amount of cell phone stores because the people in the bad neighborhood usually don't come across (or have for that matter) phones. And to see the 'cool' cellphones in person and to have the people sell it in person, the people in the bad neighborhood should want it more. And considering the modern generation we are living in right now, people like technology and want it, in the term 'humans as economical creatures', a human's want will never be satisfied, they will always want more. So, as I said, people and their families like technology, and all the cellphone sellers will come to the neighborhoods who will buy and want more, why would they sell in places where people already have cell phones, so they go to bad neighborhoods.

unless you mean 'bad' isn't 'not highly rich' then I don't know, but as a thirteen year old, I tried.
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3 years ago
The value of Surnum's, a developing economy, currency is fixed relative to the U.S. dollar. The exchange rate between the Surnum
Verizon [17]

Answer:

Surnum's exchange rate is pegged.

Explanation:

Exchange rate is the rate at which a countrie's currency is exchanged for another. Usually when there is more demand for a countrie's currency it will have more value than other currencies and vice versa.

There are two ways a countrie's currency rate can be controlled in relation to others.

First is by market forces of demand and supply.

Secondly is by pegging the countrie's currency against another and using reserves of the other currency to account for market fluctuations.

In this instance Surnum has pegged it's currency against the dollar, so it will use its dollar reserves to account for fluctuations in order to maintain the pegged exchange rate.

4 0
3 years ago
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natulia [17]

Answer: False

Explanation:

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If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

8 0
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