Classical economists saw the depression as a political problem, because they believed labor unions were stopping the wage level from moving to the right level.
Classical economistsThe Classical economists believe that the great depression experience was as a result of as a political problem.
The reason why they believe it was political problem was because they felt the labor unions who is the union responsible for fight for the right of workers were the one that stop or prevent the wage level from moving to the right level.
Therefore they believed that labor unions were stopping the wage level from rising.
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a commercial bank has $1,000,000 of customer checking deposits and actual reserves of $300,000. if the reserve ratio is 20 percent, what is the maximum amount of new loans the bank can extend?
The maximum amount of new loans the bank can extend is $800,000.
What is the maximum amount of new loans the bank can extend?The reserve ratio is the amount of deposits that must be kept as reserves with the central bank. The money that is not kept as reserves can be used to create loans.
Maximum loan amount = deposit - (reserve ratio x deposits)
1,000,000 - (0.2 x 1,000,000) = $800,000
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Of the following, which is the BEST example of an extended family?
Jermaine, a divorced father, has custody of his two sons and lives with them in a small home.
Amy and Lisa, a married gay couple, live with their adopted daughter in an apartment in Manhattan.
Dimitri, his parents, his two brothers, and his mother’s parents live on a farm in southeast Iowa.
Michail and Sasha, along with their daughter Tatiana, live in a townhouse in the suburbs of Chicago.
Answer:
Dimitri, his parents, his two brothers, and his mother’s parents live on a farm in southeast Iowa.
The practice of mailing advertisements only to the most likely prospects is called:.
Targeted Direct Mail is the Answer:
Explanation:
At the end of 2015, Murray State Lenders had a balance in its accounts receivables of $100,000 and Allowance for Uncollectible Accounts of $4,500 (credit) before any adjustment. The company estimated that 12% of accounts receivables is uncollectible. Murray State's adjustment on December 31, 2015, to record its estimated uncollectible accounts included a:
Murray State's adjustment on December 31, 2015, to record its estimated uncollectible accounts included a Debit to Bad Debt Expense of $7,500; credit to Allowance for Uncollectible Accounts of $7,500.
What is the adjustment for uncollectible accounts?The adjustment for uncollectible accounts involves crediting the Allowance for Uncollectible Accounts and debiting the Bad Debts expense.
The credit to the Allowance for Uncollectible Accounts brings the account to its rightful balance at the end of the period.
Data and Calculations:Accounts receivable balance = $100,000
Allowance for Uncollectible Accounts = $4,500 (credit)
Estimated uncollectible accounts = 12% or $12,000 ($100,000 x 12%)
Adjustment Analysis:Bad Debts Expense $7,500 Allowance for Uncollectible Accounts $7,500 ($12,000 - $4,500).
Thus, Murray State's adjustment on December 31, 2015, to record its estimated uncollectible accounts included a Debit to Bad Debt Expense of $7,500; credit to Allowance for Uncollectible Accounts of $7,500.
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Parsa’s organics currently has $56 in debt for every $100 in equity. If the company were to use some of its cash to decrease its debt, while maintaining its current equity and net income, which one of the following would decrease?.
If Persa's Organics was to use cash to decrease debt, the figure that would decrease is E. Equity Multiplier.
Why would the equity multiplier decrease?The Equity multiplier is calculated as:
= Total assets / Shareholder's equity
Total assets will decrease because cash is decreasing from being used to pay off debt. Shareholder's equity is remaining the same on the other hand. This would therefore lead to the whole measure decreasing.
Options include:
a. Total asset turnover
b. Return on equity
c. Return on assets
d. Net profit margin
e. Equity multiplier
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Cecilia has studied economics and knows about the value and investment potential of diamonds. the price of diamonds has recently decreased, and a new diamond mine has opened nearby. cecilia decides to buy a diamond necklace while the prices are lower. how did cecilia’s knowledge of economics help her make a savvy commodity purchase?
Cecilia's economics expertise helped her make a wise commodities purchase because she recognized that buying diamonds would satisfy her desires and needs.
What prompted Cecilia to purchase the diamonds?When the cost of diamonds falls, so does the cost of creating a diamond necklace, and so does the price of a diamond necklace.
In addition, the supply of diamonds would grow as a result of the new diamond mine's opening. Making a diamond necklace would be expensive as a result of this.
Thus, diamonds would satisfy her desires and needs.
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Answer:
D) She knew that the purchase of diamonds will satisfy wants and needs
Explanation:
classical economists are more likely than keynesian economists to focus more on _____.
classical economists are more likely than Keynesian economists to focus more on unemployment. This is further explained below.
What is unemployment?Generally, unemployment is simply defined as unemployed persons who are looking for employment and are prepared to start work immediately.
In conclusion, Unemployment is an issue that receives greater attention from classical economics than from Keynesian economists.
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A help desk can answer 120 calls per hour. The demand rate is 150 calls per hour. What are the cycle time (in minutes per call) and utilization of the call center?
Cycle time is 0.5 minutes per call and utilization of the call center is 1.
CalculationFlow rate = Min(demand, capacity)
= Min(150, 120)
= 120 calls per hour.
Cycle time = 1/Flow rate
= 1/120 hour per call
= 1/120 × 60 (minutes/hour)
= 0.5 minute per call.
Utilization = Flow rate/Capacity
= 120/120
= 1
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why do firms purchase real assets in the form of capital equipment?
The reason why firms will often purchase real assets that come as capital equipment is a. to create value for their customers.
Why are capital equipment purchased?Capital equipment are used in the production of goods and services by companies.
They are therefore bought by companies because the goods and services that they will be used to produce are for customers.
Options for this question include:
a. to create value for their customers.
b. to offer customers less value.
c. to allow them to fire more workers.
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A $100 petty cash fund has cash of $17 and receipts of $86. The journal entry to replenish the account would include a
The journal entry to replenish such a petty cash fund would be a credit to Cash for $83.
How are petty cash funds replenished?The petty cash fund will have to remain at the same balance of $100 at the end of the period.
In order to do that, the amount to come into the account is:
= 100 - 17
= $83
This amount will be taken from the cash account which is why it is to be credited.
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Dr. Crane is studying patients who are in the residual phase of schizophrenia. His colleague, dr. Mellus, takes detailed notes during a series of interviews and interactions that dr. Crane has with one such patient for later analysis. What research method are these doctors employing?.
The research method being used by Dr. Crane while diagnosing a patient who is going through the residual phase of schizophrenia is the case study method.
What is the case study method?A case study method is one of the research methods used to identify the patient's detailed study about his/her respective illness.
According to a given situation, the interviews and interactions being taken by Dr. Crane with the patient in order to know well about his/her condition as he is going with the disease of schizophrenia. His colleague makes notes of whatever going through during those interviews and interactions. These notes helped him to analyze the case and then prescribe an appropriate solution for overcoming his/her illness.
Therefore, the case study method is being followed by Dr. Crane in order to diagnose the patient's illness of schizophrenia.
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Assume that the promissory note from Vexnet to Onyx Advertising was payable on a date certain (and all other requirements were met) so that it was a valid negotiable instrument. How would the instrument be negotiated
The way the instrument need to be negotiated is that Since it is an order instrument, it is negotiated by delivery and indorsement.
What is negotiable instrument?A negotiable instrument is known to be a kind of a signed document that tells or promises a given amount of payment to a particular individual or the assignee.
Note that in the case above, The way the instrument need to be negotiated is that Since it is an order instrument, it is negotiated by delivery and indorsement.
See options below
Since it is an order instrument, it is negotiated by delivery only.
Since it is a bearer instrument, it is negotiated by delivery and indorsement.
Since it is a bearer instrument, it is negotiated by delivery only.
Since it is an order instrument, it is negotiated by delivery and indorsement.
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Suppose you buy a share of stock at a price of $100 and a year later it is worth $125. Suppose further that the rate of inflation for the year is 10%. If you are subject to a 15% capital gains tax, how much is your total tax burden
The total tax burden will be calculated as $3.75
What is inflation?When the prices of products and services increases with a given duration of time and which result increase in the cost of living is refers as situation of inflation.
To find the total tax burden-
Current value of stock=$100
After one year, value of stock=$125
To find the profit gain after one year,
$125—$100 = $25
This $25 will be considered as capital gain over stock.
Rate of tax over capital gain=15%
Total tax burden =capital gain×rate of tax on capital gain
=$25×15%
=$3.75
Therefore, the total tax burden will be $3.75.
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In an effort to duplicate the stressors involved with working at a large company, researchers go to great effort to ensure that the stressor they use and the laboratory setting they create is similar in all respects (e.g., noise, temperature, room setup) to that of a major multinational corporation. The researchers are attempting to increase:
The actions of the researchers in trying to recreate large company stressors is known as trying to increase mundane realism.
What is mundane realism?This is a term in research that compares the experiment's setting to the real-world setting for similarity.
When scientists try to recreate real-world settings as much as they can, t would therefore increase mundane realism.
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which statement best describes one of the ethical principles in the gao's yellow book?
The statement that describes one of the ethical principles in the gao's yellow book is: D. Government information, resources, and positions should not be used for the auditor's personal gain.
What is ethical principles ?Ethical principles can be defined as the right things or behavior which a person is expected to follow or abide to.
The ethical principle in the gao's yellow book stated that auditors should not use the following for the selfish interest:
Government informationGovernment resources, and positionsTherefore the correct option is D.
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A healthy husband and wife, ages 45 and 40 respectively, wish to start funding for retirement at age 65. What is the most appropriate time horizon for the portfolio
The most appropriate time horizon for the portfolio to start funding for retirement at age 65 is 35 years
What is time horizon?Investments are held during time spans until they are required. The time horizon varies depending on how long or how short the investment aim is. The moment you start investing will also affect your time horizon. The power of compounding must operate for a longer period of time the longer the time horizon.It is reasonable to anticipate that these clients, who are 40 and 45 years old, will live for another 30 to 40 years.
Therefore, their investment portfolio should have the time horizon of 35 years.
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If the Fed responds to a negative real shock by increasing the money supply, the rate of inflation will be: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices higher than if the negative real shock had not occurred. higher than if the Fed did nothing. lower than if the negative real shock had not occurred. lower than if the Fed did nothing.
If the Fed responds to a negative real shock by increasing the money supply, the rate of inflation will be B. higher than if the Fed did nothing.
What is the Fed's response to a negative real shock?There are two ways the Fed can respond to a negative real shock in exercising its discretionary policy powers.
The Fed can choose to decrease the money supply and reduce aggregate demand, which reduces inflation and economic growth.
Alternatively, the Fed can increase the money supply, thereby increasing real growth and aggregate demand.
Thus, if the Fed responds to a negative real shock by increasing the money supply, the rate of inflation will be B. higher than if the Fed did nothing.
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Producer surplus is the difference between Multiple Choice the maximum prices consumers are willing to pay for a product and the lower equilibrium price. the quantity supplied and quantity demanded at an above equilibrium price. the maximum prices consumers are willing to pay for a product and the minimum prices producers are willing to accept. the minimum prices producers are willing to accept for a product and the higher equilibrium price.
Producer surplus is the difference between the minimum prices producers are willing to accept for a product and the higher equilibrium price.
What is producer surplus?This is used in economics to measure the welfare of the producer. It is the difference between what the producer is willing to make a supply of his goods for.
This difference is in relation to the amount that he is known to make from selling.
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You are mailing invitations to new medicare beneficiaries for a marketing event. You want an idea of how many people to expect, so you would like to request rsvps. What should you keep in mind?.
If you want an idea of how many people to expect, so you would like to request rsvps. What you should you keep in mind is: You can request for RSVPs, but you are not permitted to require contact information.
What is Medicare?Medicare can be defined as a medical coverage that help to cover medical expenses of the people under the plan.
Hence, Based on the scenario what should have he mind if you want to have a clue of the number of people to expect is that you can request for RSVP but you cannot obtain the contact details.
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True or false: The business philosophy that emphasized selling and advertising in an effort to persuade consumers to buy existing products occurred during the production era.
The given statement that the business philosophy that emphasized selling and advertising in an effort to persuade consumers to buy existing products occurred during the production era is FALSE.
What is Advertising?This refers to the creation of awareness for a given product or service to a group of people to make sales.
Hence, we can see that during the production era, there was a major focus on the manufacturing of goods and foods and there was no emphasis on the use of advertising, so it is FALSE.
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You are the administrator for a small company, and you need to add a new group of users to the system. The group's name is sales. Which command accomplishes this task?
The command that will allow you to add a new group of users to the system is "groupadd sales".
What is a command?
This refers to the specific order from a user to the operating system to perform a service.
Hence, as an administrator, one will be able to add a new group of users to the system through the use of the command "groupadd sales".
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any two importance of office resources
Two importance of office resources are greater output and promote productivity .
What are office resources ?All of the resources and amenities found in an office, including people, tools and supplies, furniture and equipment, cash, modes of transportation, and communication, are referred to as office resources. These resources are used to help the organization achieve its goals.
Two improtance of office resources are:Greater output is made possible because every business strives to produce as much as possible while using the fewest resources possible. Better resource utilization management can be used to accomplish such a feat.It helps to promote productivity: Office supplies aid in boosting office employees' productivity. Equipment such as furniture, machinery, and other items make work more comfortable and convenient, which improves worker productivity.Learn more about office resources here https://brainly.com/question/20436648
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Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real GDP GDP Deflator 2009 ________ $500 100 2010 $551.2 ________ 106 2011 $600.6 $546 ________ 2012 ________ $600.6 120 What is the value of the gross domestic product (GDP) deflator in 2011
The value of the gross domestic product (GDP) deflator in 2011 based on the given information is 110.
What is the GDP Deflator?The GDP deflator is a ratio of the Nominal GDP (current year prices) over Real GDP (base year prices).
The GDP deflator is used to measure inflation as it shows the change in the current prices compared to the base year's prices.
The GDP deflator can be computed as Nominal GDP/Real GDP x 100.
Data and Calculations:Year Nominal GDP Real GDP GDP Deflator
2009 $500 100
2010 $551.2 106
2011 $600.6 $546
2012 ________ $600.6 120
GDP Deflator = Nominal GDP/Real GDP x 100
2011 GDP Deflator = 110 ($600.60/$546 x 100)
Thus, the value of the gross domestic product (GDP) deflator in 2011 based on the given information is 110.
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Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:
If Mark got the cans of formula by illegal means. Lucy has committed the crime of: d. Fraud.
What is fraud?Fraud can be the defined as the act of defrauding someone by deceiving them because of the financial gain the defrauder what to gain.
Based on the given scenario the act committed by Lucy is fraudulent act because she knew the can of formula was gotten through illegal means and she went ahead to still buy it from Mark.
Therefore Lucy has committed the crime of:d. Fraud.
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The complete question is:
Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:
a. larceny
b. receiving stolen goods
c. arson
d. fraud
true or false Marketing is a management orientation centered on customer satisfaction and an organizational function that is integrally related to the entire organization's mission, objectives, and resource
The answer to "true or false management orientation....." is True
When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as ______.
Answer:
Humam capital.
Explanation:
.......
What does the Internet hostname after the period in the URL describe?
The Internet hostname after the period in the URL describe the domain name. Hence, the correct answer is domain name. Read below about domain name.
What is the composition of domain name?A domain name consists of letters (and sometimes numbers) separated by periods. A domain name is a string that identifies a realm of administrative autonomy, authority or control within the Internet. For example, .en, .com, .org, .net, .fst etc.
Therefore, the correct answer is as given above.
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You buy one Home Depot June 60 call contract and one June 60 put contract. The call premium is $5 and the put premium is $3. At expiration, you break even if the stock price is equal to A) $52. B) $60. C) $68. D) either $52 or $68. E) None of the options are correct.
At expiration, you break even if the stock price is equal to E. None of the options are correct.
How to illustrate the break even?The call price option will be:
= -$60 + $3 + $5
= $68
The put price option will be:
= -$3 + $60 - $5
= $52
Therefore, at expiration, you break even if the stock price increases above $68 or below $52.
In conclusion, the correct option is E.
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Explains why it may take up to two years for a currency depreciation to make significant reductions in a nation’s trade deficit
It may take up to two years for currency depreciation to make significant reductions in a nation’s trade deficit. This is further explained below.
What is currency depreciation?Generally, Depreciation occurs when a currency's exchange rate declines in relation to other currencies.
In conclusion, Currency depreciation may have a major impact on a country's trade imbalance, but it may take up to two years to see those results.
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Which regulatory agency protects consumers from injury or death resulting from the use of a product?.
Answer:
The Consumer Product Safety Commission.
Explanation:
I believe this is right. Lol :')
