Answer:
Representativeness heuristic bias
Explanation:
Representativeness heuristic bias occurs when there are similar events whose probability of occurrence is assumed to be the same. People mistakenly assume there is a close relationship between the two events than there really is.
For example of John is a lawyer, he is judged to be a lawyer because of expression of various traits associated with lawyers.
Kellyanne hired Joshua from Southwest University. Because of his outstanding performance, it is assumed that other considered from Southwest University will also perform outstandingly.
This is a form of representativeness heuristic bias
Answer:
Lopezâs bonus expense is computed as $40,777. Therefore,
The Journal entries are as follows:
(i) On December 31,
Employee bonus expense A/c Dr. $40,777
To Bonds payable A/c $40,777
(To record the bonus due)
(ii) On January 19,
Bonds payable A/c Dr. $40,777
To Cash A/c $40,777
(To record the payment of the bonus to employees.)
The marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decreases by:$10 billion.
<h3>
Aggregate expenditures schedule</h3>
Using this formula
Aggregate expenditures schedule=Marginal propensity to save×Equilibrium gdp
Where:
Marginal propensity to save=0.2
Equilibrium gdp=$50 billion
Let plug in the formula
Aggregate expenditures schedule=0.2×$50 billion
Aggregate expenditures schedule=$10 billion
Therefore the marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decreases by:$10 billion.
Learn more about Aggregate expenditures schedule here:brainly.com/question/13117251
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Answer:
Netflix trades on NASDAQ.
