In the keynesian view, equilibrium takes place when.

Answers

Answer 1

According to Keynesian theory, equilibrium takes place when aggregate demand is equal to aggregate supply.

What is Keynesian theory?

Keynesian theory is named after British economist John Maynard Keynes, who developed it in the 1930s during the Great Depression. He argued that the government should intervene in the economy during periods of economic instability to encourage economic growth and stability.

What is Aggregate Demand?

Aggregate demand is the total amount of goods and services that consumers, businesses, the government, and foreigners demand from a country during a specific period.

Aggregate supply refers to the total amount of goods and services that producers are willing and able to supply during a specific period. Keynesian economists claim that a country's economy may operate below or above full employment in the short term.

A recessionary gap, or a gap between actual and potential output, emerges when aggregate demand is insufficient to generate full employment. Conversely, an inflationary gap or a gap between actual and potential output arises when aggregate demand exceeds the full employment level of output.

Keynesian economics argues that the government should step in and increase aggregate demand when there is a recessionary gap, while it should decrease aggregate demand when there is an inflationary gap.

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Related Questions

Suppose you have $30 to spend on tacos each week. When the price of tacos increases from $2.00 to $3.00, the purchasing power falls from 15 tacos per week to 10 tacos per week. This decrease in the quantity of tacos demanded illustrates the ___________ effect.

Answers

This decrease in the quantity of tacos demanded illustrates the income effect.

What is the income effect?

The income effect looks at how a change in price affects real disposable income. When the price of tacos increase, real disposable income decreases. As a result, consumers can afford to buy less tacos since the consumer's purchasing power has decreased, holding money income constant.

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You see information everywhere. Sometimes it is useful and sometimes it is not. Think of a scenario in which you think information can become a liability

Answers

Answer:

Getting Hacked

Explanation:

Information is one of the (if not the most) powerful weapon that exists and a great asset to those that possess it. That being said if you get hacked and that information gets stolen it can easily turn from being an asset to a liability. The individual that stole this information can use it against you in many ways such as stealing money, blackmail, using your identity, etc. The possibilities are endless.

A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):

Answers

A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.

What is need for achievement?

Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.

Hence, the personalities display by the business executives is called  need for achievement as the executives feels the need to win in everything he does,.

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Which of the following is an example of an industry-level opposed to a firm-level factor?
A) threat of new entrants
B) a firm's culture
C) the teamwork among a firm's employees
D) a firm's products
E) a firm's assets

Answers

The answer is A) threat of new entrants. It is an example of an industry-level factor as opposed to a firm-level factor.

Industry-level factors refer to external factors that affect all firms within a particular industry, while firm-level factors refer to internal factors that affect a specific firm. The threat of new entrants is an industry-level factor that refers to the degree to which new firms can enter a particular industry. It is determined by factors such as barriers to entry, economies of scale, and brand recognition.

Firm-level factors, on the other hand, are internal factors that affect a specific firm, such as a firm's culture, teamwork, products, and assets. These factors can be leveraged to create competitive advantages for a firm, but they do not necessarily affect the industry as a whole.

Understanding the distinction between industry-level and firm-level factors is important for analyzing the competitive landscape of an industry and developing strategies for individual firms within that industry. By considering both types of factors, firms can identify areas where they can differentiate themselves from their competitors and gain a competitive advantage.


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Just before the accident, Alicia actually reduced her policy from $50,000 to $25,000.
How much does Alicia have to pay?


How much does her insurance pay?

Answers

Alicia has to pay $15,500. Meanwhile, her insurance pays $25,000.

Solution

After reducing her policy coverage from $50,000 to $25,000 this implies that her insurance would only cover any claim up to a maximum of $25,000.

In this case, we subtract the amount to be compensated according to the verdict ($40,000) from $25,000 to get the amount not covered by her policy and which Alicia would have to pay herself

40000-25000 = 15000

$15,000 + $500 deductible = $15,500.

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what multiplication do you do to convert currency ​

Answers

To convert from the base currency, we multiply by the exchange rate. Just like multiplying to apply a commodity price.

Hope it helpss:))

Explanation:

you multiply by the exchange rate.

sources and uses of funds are made equal through: a. a balancing item.
b. pro forma financial statements.
c. borrowed cash.
d. additions to retained earnings.

Answers

a. A balancing item. The sources and uses of funds are made equal through a balancing item.

In financial accounting, the sources and uses of funds refer to the inflows and outflows of cash or other resources within a company. It represents the way funds are acquired and allocated to finance the operations, investments, and activities of the business. It is essential for the company's financial statements to accurately reflect the sources and uses of funds to provide a clear picture of its financial health and performance.

To ensure that the sources and uses of funds are balanced and accounted for properly, a balancing item is used. A balancing item is a financial adjustment made to align the sources of funds with the uses of funds. It is typically represented as a plug figure that makes the equation balance. In other words, it ensures that the total sources of funds equal the total uses of funds.

The balancing item can arise due to various reasons. For example, it could be the result of rounding differences, estimation errors, timing discrepancies, or the need to account for certain transactions that do not fit neatly into predefined categories. The balancing item is used to make the financial statements accurate and complete by accounting for any discrepancies between the sources and uses of funds.

It is important to note that a balancing item does not represent an actual transaction or a specific source or use of funds. Instead, it is a tool used in accounting to reconcile the financial statements and ensure that the equation balances.

In conclusion, a balancing item is used to make the sources and uses of funds equal in financial accounting. It serves as an adjustment to account for any discrepancies and ensures that the financial statements accurately reflect the company's financial position and performance.

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A manufacturer of cast iron skillets wants to place its skillets for sale in a major retail store. Which of the following would be a negotiable item?
A. Prices and pricing allowances for volume purchases
B. Inventory levels the retail store should maintain
C. Retail pricing points
D. Location of shelf positioning
E. All of the above

Answers

The negotiable item in this scenario would be the retail pricing points. While the manufacturer may have a set price for their cast iron skillets, they may need to negotiate with the major retail store to ensure that the pricing is competitive and will attract customers. The answer is C.

This negotiation could involve discussing the profit margin for both the manufacturer and the retail store, as well as considering the pricing of similar products in the market.

However, it's important to note that other factors such as quantity of products, placement within the store, and marketing efforts could also be negotiable items that could impact the success of the product in the retail store.

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Who gets a FICO score and how is it generated?

Answers

A FICO score is a credit score generated by the Fair Isaac Corporation, which is widely used by lenders to evaluate a borrower's creditworthiness.

Anyone who has credit history can have a FICO score, including individuals, businesses, and even non-profit organizations. The score is generated based on several factors, including payment history, credit utilization, length of credit history, types of credit accounts, and recent credit inquiries. These factors are weighted differently based on their level of impact on credit risk. FICO scores range from 300 to 850, with higher scores indicating better creditworthiness. Generally, a score above 700 is considered good, while a score below 600 is considered poor.

Therefore, it is important to regularly check your FICO score and credit report for accuracy and take steps to improve your credit health if necessary.

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List 3 responsibilities that a consumer has when making a purchase.

Answers

Answer:

check receipt, know the return policy, read the fine print

Explanation:

Welcome

1. Goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception​

Answers

Answer:

The answer is below

Explanation:

The goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception​ are the following:

1. No Poverty: as a result of poverty in some rural areas which is affecting children's development in UAE, the government has made it official to eradicate poverty in those areas.

2. Education for All: this is to ensure that children of age 6 to 18 or Grade 12, all have access to quality education, so as to boost literacy level in UAE

3. Social Support: this is to ensure those with the lowest income are able to cater to their children and afford a decent life.

_____ are those costs incurred when production processes are designed or modified to prevent defects from occurring in the first place.

Answers

Prevention costs are those costs incurred when production processes are designed or modified to prevent defects from occurring in the first place.

Prevention costs refer to the cost of preventing errors or defects from being produced in the production process in the first place. Prevention costs are expenses incurred to avoid product defects or manufacturing errors. The costs of these activities are typically viewed as preventive because they are focused on preventing quality problems from occurring. In other words, it is the money invested in preventing defects in the first place, which is a proactive approach to quality control, rather than reactive.

However, the prevention costs could also include costs like training programs, quality assurance systems, new equipment, inspection and testing equipment, design reviews, and supplier evaluations. The goal of these prevention costs is to eliminate defects from happening, which leads to increased production efficiency, decreased costs, and improved product quality.

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There are two reading assignments here. I encourage you to read Has Business Left Milton Friedman Behind and then skim/read the Friedman doctrine. Do a little more background research/reading if you find neccessary. Once base knowledge is established create a thesis based on these two articles. I want a short, one page (three at most) statement regarding your view of Milton Friedman and his beliefs that have dominated corporate philosophy/governance for the last 40 years.

Answers

Hdhsjsiwuebriebeeuraholdfor himandletmedndndndndndndnfj

you have decided to bring the stakeholders together to promote a bit of interaction and come up with as many ideas as possible about potential project risks. you are not dealing with solutions at this point. you have gathered the stakeholders in a meeting, and you are writing down ideas as the stakeholders shout them out. which technique does this best describe?

Answers

This technique best describes Brainstorming.

Brainstorming is a technique used to generate a large number of ideas from a group of people in a short period of time. It is a process of gathering ideas from all participants, regardless of their expertise or experience, in an open and non-judgmental environment. The goal is to encourage free-flowing ideas, and to build on each other's suggestions. In your situation, you have gathered the stakeholders in a meeting, and you are writing down ideas as the stakeholders shout them out, this is a perfect example of brainstorming where you want to generate as many ideas as possible about potential project risks without judging or evaluating the ideas at this point. Brainstorming is a useful tool for identifying potential risks, and for encouraging participation from all stakeholders.

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What is a sales forecast?
A. A prediction of what other businesses will make similar products
B. A prediction of how many customers a business will have visit its
store
C. A prediction as to the volume of sales that a business expects to
make in the upcoming future

Answers

A sales forecast is A prediction as to the volume of sales that a business expects to make in the upcoming future. Thus the correct option is C.

What is the objective of the sales Forecast?

A sales forecast is a projection of the engagements that will go through the selling process and is a statement of anticipated sales revenue that expresses how much your organization anticipates selling within a specific time frame.

Making well-informed choices about the management of the firm, including decisions about staffing and inventory, new product lines, and prospective marketing initiatives, is aided by sales predictions.

By the use of sales forecasting, firms can more correctly predict their expenses and revenue. Time and money wasted on unsuitable candidates or customers must be reduced for better prospecting.

Therefore, option C is appropriate.

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What are some common spreadsheets applications?​

Answers

USES ( APPLICATIONS) of spreadsheet are;

1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.

2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics

3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.

SPREADSHEET APPLICATION

1)Microsoft Excel : This is used in data

crunching , it can handle large data sets.

2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.

4) Smartsheet: is useful when handling

task involving non-spreadsheet and can be used for project management.

5)Quip : it's useful for integration of

spreadsheets into shared documents.

, environmental trends and Ethical trends affect a pharmacy business? I need one whole paragraph for them

Answers

The negative impact of the production of pharmaceutical products on the natural environment is well known. However, this remains largely unregulated, meaning the extremely toxic impact it has on both animals and humans continues with no clear end in sight.

International organisations and the pharmaceutical industry have begun to notice that the detrimental impact pharma products have on the environment on a global scale.Pharmaceutical products enter the environment at various stages of their life-cycle, but particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat. Lord Jim O’Neill noted this trend in his 2016 UK government-funded independent Review on Antimicrobial Resistance.Although it is a global issue, like other environmental issues, pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.Health Care Without Harm (HCWH) Europe runs the Safer Pharma campaign to raise awareness of the negative relationship between pharma and the environment and challenge the healthcare industry to clean up its production.The production of both active pharmaceutical ingredients (APIs) and finished dose antibiotics is concentrated in specific locations so the resulting point, source pollution, is in incredibly high concentrations and encourages the development of drug resistance,” says HCWH Europe pharmaceuticals policy officer Dr Adela Maghear. “This practice has a detrimental impact on vulnerable populations living near manufacturing facilities and wastewater treatment plants in these countries.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally.

What are the production sharing contracts (PSC) and production
sharing agreements (PSA)?

Answers

Production sharing contracts (PSC) and production sharing agreements (PSA) are agreements commonly used in the oil and gas industry. These contracts are typically made between a government or state-owned entity and an oil company.

Under a PSC or PSA, the government grants the oil company the rights to explore, develop, and produce oil and gas reserves in a specified area or block. The oil company bears the financial risks and costs associated with exploration and production activities.

In return for their investment, the oil company is entitled to a share of the produced oil and gas. The terms of the contract determine the percentage of production that the company is entitled to, often referred to as the "profit oil" or "profit gas."

The remaining portion of the production, known as the "cost oil" or "cost gas," is used to recover the costs incurred by the oil company. The government also usually receives taxes, royalties, and other forms of fiscal payments as part of the agreement.

PSCs and PSAs vary in their terms and structures, and the specific details are negotiated between the government and the oil company. These contracts are designed to promote investment in oil and gas exploration and production while ensuring a fair distribution of profits between the parties involved.


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mention the different fields of engineering​

Answers

Answer:

Aerospace/aeronautical engineering.

Chemical engineering.

Civil engineering.

Electrical/electronic engineering.

Mechanical engineering.

Engineering management.

Chemical engineering, mechanical engineering are two most common ones i thought of!

How does a command economy differ from a mixed market economy How does a command economy differ from a mixed market economy?

Answers

In general, the command of the economy is held by the government. However, in a mixed market, some of the economic commands are held by the government and some are held by the free market economy without any government intervention.

In economic and business, A mixed market or also known as mixed economy generally can be defined as one that incorporates the principles of a capitalist free market to allow for private economic freedoms. Mixed market has a principle that attempts to compensate negative effects of economic freedom to ensure or improve the social good. One of the benefit from mixed market is that each companies will compete for creating better products or services for consumers.

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Traditions and beliefs form an intrinsic part of any __________. For example, Hanukkah, a Jewish festival celebrated by Jewish families, is unique and restricted to its community, but not celebrated by other communities. Such traditions are the foundations of families, which in turn builds the _________.

first space options: economy, government, culture
second space options: government, society, businesses

Answers

Answer:

1st blank: society

2nd blank: culture

Explanation:

Being able to make decisions effectively can make a worker more independent.


Please select the best answer from the choices provided

T
F

Answers

Answer: True

Explanation:

When we are able to make decisions effectively, this can make a worker more independent. This is true.

It should be noted that when one makes decisions effectively, ones confidence is enhanced and one believes more in himself or herself.

When this occurs, as individuals, we trust ourselves and our abilities to make the right decisions which ultimately make us more independent.

Answer:

True

Explanation:

Just took the quiz

Pat promises to install granite countertops in the home at 123 Main Street that Bruce is purchasing "provided that the escrow on the sale of 123 Main Street closes." The close of escrow on the sale of 123 Main Street is a condition precedent to Pat's promise.a) trueb) false

Answers

Answer: True

Explanation:

From the question, we are informed that Pat promises to install granite countertops in the home at 123 Main Street that Bruce is buying provided that the escrow on the sale of 123 Main Street closes.

The close of escrow on the sale of 123 Main Street is a condition precedent to Pat's promise is true. This is because Pat will only fulfil her promise given that there is a close of escrow on the sale of 123 Main Street.

you have decided that you want to attend a costume party as your favorite marvel character. you estimate that it will cost $60 to assemble your costume. after spending $60 on the costume, you realize that the additional pieces you need will cost you $35 more. the marginal cost of completing the costume is .

Answers

The marginal cost of completing the costume is $35.

The difference in overall production costs caused by creating or producing one more unit is known as the marginal cost.

We have given in the question,

Estimate cost = $60

Spending on costume = $60

Additional pieces cost = $35

To find out the marginal cost of completing the costume is:

We know where we consume $60 and we spent that all then $35 need more

So here we can say that marginal cost is the cost added for getting an additional unit of product or service.

And the last products demanded costs = $35

Therefore, it is the marginal cost i.e $35.

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Private goods are not rival in consumption, but excludable. rival in consumption and excludable. rival in consumption, but not excludable. not rival in consumption and not excludable

Answers

Answer:

private goods—excludable and rival in consumption.

Explanation:

1) Private goods = excludable + rival in consumption (wheat/phone/parking space)

2) Public goods = non excludable + non rival in consumption (public sewer system/national defence/Scientific research.)

3) Common resources, non excludable + but rival in consumption (clean water in a river/clean air/fish in the ocean)

4) Club goods, excludable + but non rival in consumption (movies on Netflix/cinemas)

This picture clicked by me
How's it​

This picture clicked by meHow's it

Answers

Answer:

This is absolutely stunning.

Explanation:

I love photography too so this really strikes me. It's well taken, love the softness of it and the clarity of the water. Good job! I'm gonna take a screenshot if you don't mind

What did you take it with?

7. If you were old enough to get a credit card but unable to get one because you didn't have enough of a credit history, which of the alternate options for establishing credit would you prefer to use? Why? (2-4 sentences)

Answers

Answer:

I would prefer to use a department store card because I feel like it would be very affordable and easy for me to maintain. For example, if I were to get a Target card I would buy my groceries then easily pay it off with money I get from a paycheck

Explanation:

An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.

The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.

However, the partners do not have the capital needed for this expansion.

Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.

An and Bo are also considering changing the legal structure to a private limited company.

a. Identify two features of public sector organizations.

b. Identify two advantages and two disadvantages to An and Bo of being a partnership.

c. Explain two benefits to An and Bo of expanding their businesses.

d. Do you think the partners should become a private limited company? Justify your answer.

Answers

Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.

Give a brief account on partnership.

a. Two features of public sector organizations.

Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.

b. Two advantages of being in a partnership :

Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.

Two disadvantages of being in a partnership :

Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.

c. Two benefits to An and Bo of expanding their businesses :

capable of increasing sales and profitability.can access new markets or customers.

d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.

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special pricing, display fixtures, and value-added bonuses are all a part of increasing sales in retail stores. what sort of marketing technique is this?

Answers

Trade Promotion is a marketing technique with special pricing, display fixtures, and value-added bonuses that are all a part of increasing sales in retail stores.

Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Affiliates will sometimes provide marketing for a business. Trade promotion describes marketing initiatives carried out in-store by these two partners.

Trade promotion is a marketing strategy that uses special pricing, display fixtures, demonstrations, value-added bonuses, no-obligation freebies, and other incentives to boost product demand at retail businesses. Trade promotions are a tool that businesses can use to raise customer awareness of their brands and products.

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How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan

Answers

Answer:

To identify and correct errors

Explanation:

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