Real estate agents are authorized to do which of these? « Perform all activities in the name of the
broker. Make deposits into their own escrow accounts. All of the above

Answers

Answer 1

Real estate agents are authorized to perform all activities in the name of the broker and make deposits into their own escrow accounts. Hence, option (c) will be considered as the relevant option.

Give a brief account on real estate agent.

A real estate agent or broker is someone who works on behalf of buyers or sellers of real estate. Although a broker may operate independently, an agent who represents clients often works with a licensed broker. To negotiate sales contracts and handle the paperwork needed to close real estate transactions, brokers and agents must hold a state license. Buyers and sellers are often encouraged to speak with a licensed real estate expert for a formal explanation of each state's unique laws of agency. In a few of states, all participants are required to sign official disclosures outlining their respective duties.

Real estate brokers and salespeople in the United States must obtain a license from their respective states rather than the federal government. There is a real estate commission (regulatory body) in each state that supervises and issues licenses to real estate brokers and agents.

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Related Questions

written notice of a claim must be given to the insurer within how many days after the loss occurred?

Answers

The claim must be given within 20 days.

The specific time frame for giving written notice of a claim to an insurer can vary depending on the terms of the insurance policy and the laws of the jurisdiction in which the policy was issued. However, in the case of health insurance, every individual health insurance plan needs to have a notice of claim clause.

This rule requires that written notification of a claim be given to the insurer within 20 days of the commencement of a covered loss, or as soon as reasonably practicable thereafter. Within 15 days of receiving notice of a claim, the insurer is required to give the insured a claims form. In the event that this is not done, the insured may satisfy the deadline for providing proof of loss by providing the insurer with a written statement confirming the loss.

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the figure illustrates the bagel market. which of the following statements is correct?

Answers

An inefficient underproduction of housing services results from a rent ceiling that is set lower than the equilibrium rent. Housing services result in a deadweight loss when the marginal social benefit outweighs the marginal social cost.

The highest legal rent is referred to as a rent ceiling. Rent ceilings cause a scarcity of flats if they are placed below the equilibrium rent. The excess of both consumers and producers is decreased. The amount required will exceed the quantity provided when a price ceiling is placed below the equilibrium price, leading to excess demand or shortages. There will be surplus when the price ceiling is set higher than the equilibrium market price because suppliers will receive more money for their items. As a result, the amount given will rise while the quantity required will fall. These include a decline in affordability, a delay in new development, the encouragement of gentrification, the degradation of rent-controlled structures, and a drop in the number of buildings that are readily accessible.

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you are trying to estimate the share price for heavyweight inc. heavyweight currently has 30 million shares outstanding, a cost or equity of 16%, a cost of debt of 4.5%, and a marginal tax rate of 30%. the firm has no excess cash and maintains a debt-to-enterprise value ratio of 35%. it is expected to generate free cash flows of $150 million at the end of the year and free cash flows are expected to grow at an annual rate of 2% in perpetuity. given this information, and using the wacc method, what is the best estimate for heavyweight's share price? select one. i. $34.20 ii. $32.58 iii. $18.42 iv. $30.67

Answers

The best projection for the share price of Heavyweight is $34.20.

How is the share price determined?

Take the most recent value of the firm share and multiply it by the number of outstanding shares to get the worth of the shares for traders. The price to earnings ratio is a different way to determine a share's price.

What's better, a high or low cash flow?

A company's ability to pay its debts and other obligations is indicated by its cash flow. Generally speaking, the better, the more cash accessible for corporate operations. A low or negative cash flow in one year, nevertheless, can be the outcome of a company's growth strategy and thus not really be a problem.

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at a minimum, what do most company policies require that employers have in order to initiate an investigation?

Answers

Most company policies require that employers have in order to initiate an investigation at Reasonable suspicion that a law or policy is being violated.



Initiate investigation- A review of internal and external case files, phone conversations or in-person interactions with the alleged victim and the victim's family are just a few of the activities that may be used to kick off an inquiry.

An inquiry must be opened in response to a specific incident with a specific offender, or "case," as opposed to "situation." The only objective of a case's preliminary inquiry is to gather data that will allow decision-makers to determine whether it is reasonable to start an investigation.

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when a u.s. company purchases $1 million worth of french cheese, the value of that transaction is recorded in the
A. Transfer account
B. Goods account
C. Capital account
D. Current account
E. Investment account

Answers

When a u.s. company purchases $1 million worth of french cheese, the value of that transaction is recorded in the current account. Option D.

What is the current account?

The country's imports and exports of products and services, payments to foreign investors, and transfers like foreign aid are all reflected in the current account.

A savings account is appropriate for those who are salaried or receive a monthly income, but a current account is best for business owners and traders who frequently need to access their funds. A current account does not yield interest; savings accounts do, usually at a rate of roughly 4%.

Because most commodities and services are spent during the present period, it is called the current account.

enables quick commercial transactions.There is no withdrawal cap.Deposits at the home branch are not restricted.allows for direct payments to be made by businesspeople using checks, demand drafts, or pay orders.

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in this market, a minimum wage of $2.75 is group of answer choices nonbinding and creates neither a labor shortage nor unemployment. binding and creates a labor shortage. nonbinding and creates a labor shortage. binding and creates unemployment.

Answers

D) In this market, a minimum wage of $2.75 is binding and creates unemployment.

The minimum wage is a policy that sets a legal minimum amount that employers must pay their employees for the work they do. While the intention of a minimum wage is to increase the wages of low-income workers, it can have unintended consequences such as unemployment.

This is because when the minimum wage is set above the equilibrium wage rate, it creates a surplus of workers and not enough jobs to employ them, resulting in unemployment. In addition, when the minimum wage is increased, employers may choose to cut costs by reducing staff or hiring fewer employees. This can also lead to a decrease in employment.

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Question 43 0.4 pts Which of the following is not a characteristic of the Monopsony labor market model?
O Numerous firms compete with one another in hiring a specific type of labor
O The classical phrase for the situation is the "company town"
O Workers have few employment options because they are either geographically or occupationally immobile.
O a single firm hires labor Question 44

Answers

Numerous firms competes with one another in hiring a specific type of labor.

What is Monopsony?

Monopsony is a market structure in which there is only one buyer of a particular product or service. The buyer holds a large amount of market power, allowing them to dictate terms and prices to suppliers. This can lead to lower wages for workers and higher prices for consumers.

What is Labor market?

Labor market refers to the supply and demand for labor in which employers compete to hire the best employees while employees compete for the best job opportunities. It involves the interaction between employers, employees, and job seekers to determine wages, working conditions, and other employment-related aspects. The labor market also plays an important role in economic growth, as it provides businesses with the necessary resources to produce goods and services.

Therefore, Option A is correct.

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kiwi interests is a partnership with a tax year that ends on september 30, 2021. during that year, kereru, a partner, received $2,000 per month as a guaranteed payment, and his share of partnership income after guaranteed payments was $14,000. for october through december of 2021, kereru received guaranteed payments of $3,000 per month. calculate the total amount of income from the partnership that kereru should report for the tax year ended december 31, 2021. $fill in the blank 1

Answers

The total amount of income from the partnership that Kereru should report for the tax year that ended December 31, 2021, is $19,000.

Add the guaranteed payments that Kereru has received from October to December 2021:

$3,000 + $3,000 + $3,000 = $9,000

Add Kereru's share of partnership income after guaranteed payments for the tax year ended September 30, 2021:

$14,000

Add the two amounts:

$9,000 + $14,000 = $23,000

Subtract the guaranteed payments that Kereru has received from January to September 2021:

$23,000 - $2,000 x 9 = $19,000

Therefore, the total amount of income from the partnership that Kereru should report for the tax year ended December 31, 2021, is $19,000.

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tyler is developing a list of references for his job search. whom should he include on this list? group of answer choices instructors current and previous employers colleagues and subordinates all of these

Answers

Name, address, phone number, what company they're with, job title, and 2 or 3 people that really like you or give you good tips.

An address is a collection of data, presented in a broadly speaking fixed format, used to give the region of a building, apartment, or other structure or a plot of land, normally using political limitations and street names as references, at the side of different identifiers which includes residence or rental numbers and agency call. some addresses additionally include special codes, such as a postal code, to make identification simpler and aid inside the routing of mail. Addresses provide a means of physically finding a constructing.

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Change programs are more successful when



Multiple Choice

they are fully focused on a single intervention.
they are oriented toward achieving both short-term and long-term results.
frontline employees, but not necessarily managers, are committed.
interventions that worked in other cultures are blindly applied.


During Lewin's refreezing stage, managers should



Multiple Choice

make employees dissatisfied with the present way of doing things.
give employees the tools for change.
provide benchmarking results and mentoring.
encourage and reinforce the desired change in the employees.


Warby Parker, a recent entrant into the highly competitive eyeglasses market, has rapidly gained market share by employing customer-centric marketing and a business model that allows customers to try on their frames at home before deciding. Warby Parker has gained a competitive advantage from



Multiple Choice

the marketplace becoming more segmented.
getting its products to market faster.
its ability to survive disruptive innovation.
knowledgeable offshore suppliers.

Answers

Change initiatives that are focused on attaining both short-term and long-term results are more effective. The correct response is choice (2).During the refreezing process, managers should serve as an example to employees, coach them, and promote the desirable behaviors. The appropriate response is choice (4).Warby Parker's capacity to withstand disruptive innovation has given it a competitive edge. The appropriate response is choice (3)Define Change programs.

Change programs are a group of initiatives designed to assist a business in changing its procedures, working styles, etc.

Refreezing stage: Lewin's change model's refreezing phase occurs when an organization resumes "business as usual" after implementing changes (the new status quo). This indicates that everyone is committed to upholding the changes and has bought into them.

The method of conducting business in a way that improves customer satisfaction not just at the beginning but throughout the entire customer lifecycle is known as a customer-centric business model.

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Which of the following is NOT one of the four reasons that we study OM?
A. we want to know how goods and services are produced
B. it is one of the three major functions of any organization
C. we want to understand what marketing managers do
D. it is such a costly part of an organization

Answers

One of the reasons why we do not study OM is we want to understand what marketing managers do. Option C

What is meant by organizational management?

The method of allocating, managing, and directing resources within a system with the ultimate goal of fulfilling its goals. For organizational management to be successful and advantageous, it must be able to make decisions and deal with problems.

In order to accomplish goals, it organises the production components, assembles and organizes the resources, and integrates the resources in a useful way. It focuses group efforts on achieving predetermined objectives.

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1. the 3-month yen-denominated gross return on japanese yen deposits is or so. a) 1.01 b) 0.01 c) 1.0661 d) 0.0661

Answers

An change fee is the fee at which one foreign money could be exchanged for any other foreign money.

The required details for exchange rate in given paragraph

Currencies are maximum usually country wide currencies, however can be sub-country wide as within side the case of Hong Kong or supra-country wide as within side the case of the euro.

Here, the contemporary ahead change fee = 0.half in keeping with yen.

The spot change fee = 0.090 in keeping with yen.

The 3 month US(domestic) hobby fee = 1.50%.

The 3 month Japanee J hobby  fee = 1.00%.

1. The 3 month yen denominated gross go back on Japanese yen deposit is 1.01%. The Japanese hobby fee is 1%. Therefore, in keeping with yen one could be receiving .01 hobby fee. So, the go back could be 1.01%.

2.:The 3 month yen denominated go back on Japanese yen deposits is 1%. This is due to the fact the Japanese hobby charges for three months is 1%.

3. On a included foundation the 3 month greenback denominated gross go back on Japanese yen deposits is 1.000. This is due to the fact the Japanese hobby fee is 1%.

4. On a included foundation the 3 month greenback denominated fee if go back on Japanese yen deposits is -1.00%.

The change fee is likewise appeared because the cost of 1 country's foreign money on the subject of any other foreign money. For example, an interbank change fee of 114 Japanese yen to the United States greenback way that ¥114 could be exchanged for US$1 or that US$1 could be exchanged for ¥114. In this example it's far stated that the fee of a greenback on the subject of yen is ¥114, or equivalently that the fee of a yen on the subject of bucks is $1/114.

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Which of the following one-time payments are renters typically required to pay in addition to their first month's rent when they sign a lease?
a. security deposit
b. renters insurance premium
c. lease tax
d. utilities down payment

Answers

answer

a. security deposit

steps

it supposed to cover any damages to the apartment when the person leaves

Security deposit is one-time payments are renters typically required to pay in addition to their first month's rent when they sign a lease. Thus, option A is correct.

What is the security deposit?

A security deposit is defined as a monetary amount held in trust as an initial part-payment in a purchasing, also known as a proper payment, or as part of a rental agreement to protect.

A security deposit is money paid to the property owner. It is an apartment to demonstrate the intention to live there and care for it. A person can get it back later, but if you don't, they'll use it to repair the damage. It is essential for both parties. This is critical because one side requires protection.

Therefore, option A is correct, that hen signing a lease, renters are typically required to pay a security deposit in addition to the first month's rent.

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Which of the following is a common reason that some women face a glass ceiling? Multiple Choice poor goal setting O faulty motivations flawed facts flexible work policies

Answers

Out of the choices provided above, the lack of mentors is a common reason that some women face a glass-ceiling. Therefore, the option B holds true.

A glass-ceiling can be referred to or considered as the barrier faced by an individual or a particular group of a society regarding their mere existence within the society. The scope of the use of this term extends to social discrimination in the society. Women are the group who are the most particularly targeted group of the effects of the glass-ceiling.

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Complete Question

Which of the following is a common reason that some women face a glass ceiling?

A. inability to produce high-quality work

B. lack of mentors

C. poor goal setting

D. inability to motivate others

E. poor financial performance

which of the following would cause an increase in aggregate supply? group of answer choices an increase in foreign demand for goods an increase in government spending an increase in factors of production a decrease in productivity

Answers

The following would cause an increase in aggregate supply an increase in factors of production.

The factors of production are the inputs used to produce an excellent or provider with a view to produce income. Economists define four factors of production: land, labor, capital and entrepreneurship. those may be considered the building blocks of an economic system.

In economics, elements of manufacturing, sources, or inputs are what's used in the manufacturing technique to provide output—this is, goods and offerings. The utilized amounts of the various inputs determine the amount of output in line with the connection known as the manufacturing feature.

The elements of manufacturing are sources which can be the constructing blocks of the financial system; they're what human beings use to supply goods and offerings. Economists divide the factors of production into 4 categories: land, labor, capital, and entrepreneurship.

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Which of the following definitions describe marginal cost Mcq?
A) AdditionalB) UnimportantC) Minimum unitD) None of the above

Answers

A) Additional

marginal mean one extra unit or

next additional unit

testbookcom

the following data relate to factory overhead cost for the production of 5,000 computers: actual: variable factory overhead $109,100 fixed factory overhead 36,000 standard: 5,000 hrs. at $27 135,000 if productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was $148,500, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. the fixed factory overhead rate was $4.5 per hour. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Answers

Variable factory overhead Controllable Variance=154000−5000×31.75= -4750 which is a favorable variance as a negative number.

What is simple variance?

The variance is the difference between the numbers in a set of data, to put it simply. Each number's variance is a statistical metric that shows how far off from the mean and from each other number in the set it is.

Why is calculating variance important?

The variance in statistics is used to assess how well the mean summarizes a collection of data. For instance, the set has larger range if the variance is higher. Data scientists can draw the conclusion that the mean might not accurately represent the set as it would if the variance of the set were smaller using this information.

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according to pluralist theory, every group with a particular interest should be (equally) able to form an organization to pursue those interests. why are some groups (e.g. doctors, unionized workers, business owners) better able to do this, while other groups (e.g. the homeless, the unemployed) are not? choose the best answer.

Answers

Some groups have more resources at their disposal to aid in their organization, whereas others only have access to a small number of resources.

What are resources?

When we talk about resources, we're talking about all the things that are available to us that are environmentally friendly, economically viable, and culturally sustainable and that help us meet our needs and desires. Resources can be broadly categorized based on their availability into renewable and non-renewable resources. They can also be divided into real and potential entities based on their level of development and use, biotic and abiotic entities based on their origin, ubiquitous entities based on their distribution, and localized entities based on their distribution (private, community-owned, national and international resources). With time and evolving technology, an object might become a resource.

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what element of the marketing mix has a unique role in that it is the place where all other business decisions come together? multiple choice question. promotion

Answers

Price element of the marketing mix has a unique role in that it is the place where all other business decisions come together.

As a component of an all-encompassing marketing strategy, a marketing mix includes various areas of emphasis. The phrase frequently alludes to the classification known as the four Ps, which originally stood for product, price, placement, and promotion. Price is the sum of money customers are willing to spend on a thing. Marketers must consider supply costs, seasonal discounts, rival prices, and retail markup in addition to connecting the price to the product's actual and perceived value.

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1 what would a swot analysis of blue dot reveal to a marketing professional? 2 what are blue dot's strategic goals? 3 is blue dot's strategy one of cost leadership, differentiation, or focus? explain your answer.

Answers

A)Create separate brands for customers who are more concerned with value. B) Their strategy is create high quality and attractive furniture that is affordable.C)Blu Dot uses the Cost Leadership strategy. This strategy builds a competitive advantage by having the lowest operating costs in the industry.

SWOT evaluation Strengths: Customers can purchase elegant, high-quality furniture from them at reasonable prices. Weaknesses: They are unable to purchase what they want and dislike what they can. Opportunities: Develop distinct brands for consumers who care more about value. As a result, there may be a chance to draw in clients prepared to pay more for expensive, fashionable furniture while simultaneously retaining those who choose lower-cost options. Threats include rival furniture retailers in their target region.Their plan is to provide furniture that is both stylish and good quality but yet reasonably priced.They keep costs and prices low by using streamlined pieces made of materials that are readily available and using straightforward manufacturing procedures.

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shell mastercard, created cooperatively by shell oil company and mastercard, is an example of
a. co-branding
b. brand extraction
c. brand collusion
d. a generic brand
e. brand dilution

Answers

A) Co-branding This type of partnership involves two brands lending their names to a joint venture.

What kind of collaboration is co-branding?

Co-branding is a marketing strategy in which a product or service is marketed under multiple brand names as part of a strategic alliance. Co-branding (or "cobranding") encompasses a variety of different kinds of branding collaborations, typically involving the brands of at least two businesses. It is also referred to as a brand partnership.

What are the two types of co-marking?

There are two kinds of cobranding: Co-branding of components and composites.

When two or more brands share a promotion or idea, this is called "cooperative branding." Surprisingly, it is rarely used in cooperative settings. Think back to some summer deals you've seen with a big hotel chain and a car rental company.

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charlie, who owns and leases out a commercial building, pays taxes, maintenance, and insurance on the building. what type of lease agreement does charlie have with his tenants?

Answers

Gross is the type of lease agreement charlie have with his tenants.

A gross lease is one that covers all additional costs incurred by the tenant. Property taxes, insurance, and utilities are some of the additional costs wrapped into a gross lease. Commercial real estate, including office buildings and retail locations, frequently uses gross leases.

A tenant using the facility under a gross lease is charged a single, flat rate. Taxes, insurance, utilities, and frequent repairs are all costs associated with the property and its use that the landlord agrees to cover.

This contrasts with net leases, where the price changes based on costs and variables like the price of maintenance, taxes, insurance, or market fluctuations.

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a work center can be a: (i) machine. (ii) group of machines. (iii) department. iv) a part used to produce a product.

Answers

A work community can be a: I. machine. II. gathering of machines.III. department. IV. a section used to create an item. I II and III.

What is a work center?

A work center is where data sources are handled, and yields are conveyed as completed labor and products. Work focuses can be machines or gatherings of machines that can deal with materials. An office can likewise act as a work community. The pre-owned part can be info however not a work center. Health focus, disease, and health care coverage are among the most widely recognized benefits, as are annuity installments, took care of wiped-out leave, and retirement benefits. Benefits can be monstrously significant. Wellbeing inclusion alone can cost a huge number of dollars each month. To that end considering benefits as a feature of your all-out salary is significant.

A work community can be a: I. machine. II. gathering of machines.III. department. IV. a section used to create an item. I II and III.

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true or false: efficiency wages are set below the average industry wage and are intended to give the firm implementing them a competitive advantage over rivals.

Answers

Efficiency wages are set below the average industry wage and are intended to give the firm implementing them a competitive advantage over rivals is a false statement.


What are wages?

Wage is characterized as a payout typically of dollars for personal services often as per contracts on an annual, daily, or piece rate basis. This is for the job that the person has done. 

This enables a salary rise for earnings that were over the maximum a more effective weapon to boost employers' latitude for selection, minimize turnover rates, and promote enthusiasm and obedience.

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he Fed's monetary policy instrument is O A. the monetary base B. the long-term interest rate C. the federal funds rate OD. the core inflation rate O E. the quantity of money

Answers

The correct response is C. the federal funds rate. The federal funds rate is a tool used by the Fed to conduct monetary policy. The Federal Reserve sets the federal funds rate at a level that ensures its inflation projection and other objectives will be met.

At its meeting in November 2022, the Federal Reserve increased the federal funds rate target range by 75 basis points to 3.75%-4%. This was the sixth straight rate hike and the fourth in a row to be three-quarters of a point higher, driving borrowing rates to their highest level since 2008. The FOMC's target interest rate is known as the federal funds rate. This is the overnight borrowing and lending rate between commercial banks for their excess reserves. Short-term interest rates on credit cards and consumer loans can be influenced by the federal funds rate. The FOMC's target interest rate is known as the federal funds rate. This is the overnight borrowing and lending rate between commercial banks for their excess reserves. Short-term interest rates on credit cards and consumer loans can be influenced by the federal funds rate.

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which model of organizational change explicitly refers to unfreezing the current situation and refreezing the desired state?

Answers

Kurt Lewin’s Change Management model or Lewin’s 3 Step model is model of organizational change explicitly refers to unfreezing the current situation and refreezing the desired state

The Lewin’s 3 Step model is three steps model which include the unfreeze, change and refreeze steps. This model helps the organization or business to stay competitive and organized in the market.

The Kurt Lewin’s Change Management model or Lewin’s 3 Step model helps to determine mindset to take decision accurately e.g. in the stocks, buying the small startup or company.

It is the steps which most of the people in the organization are required to learn new behavior and skills is considered as major change.

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Which of the following statements about price elasticity of demand is INCORRECT?AWhen the percentage decrease in the price of a good is greater than the percentage increase in its quantity demanded, the elasticity of demand for it is more than 1.BWhen the percentage increase in the price of a good is greater than the percentage decrease in its quantity demanded, the elasticity of demand for it is less than 1.CWhen the percentage decrease in the price of a good is greater than the percentage increase in its quantity demanded, the elasticity of demand for it is less than 1.DWhen the percentage decrease in the price of a good is the same as the percentage increase in its quantity demanded, the elasticity of demand for it is equal to 1.

Answers

The elasticity of demand for a good is less than one when the percentage increase in price of a good outpaces the percentage decline in the quantity requested of that good.

In terms of price elasticity of demand, which of the following propositions is true?

Since demand elasticity is computed by dividing the proportionate change in quantity required by the proportionate change in price, it is the only statement that accurately describes how sensitive demand is to price change among the alternatives.

Which of the following assertions regarding demand is untrue?

Out of the following statement in the question above, the statement that "supply does not reflect intentions, but demand does" is false.

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Which of the following is the best example of a supply-side market failure?

No one provides street lights in a town because, once the lights are in operation, people don't have to pay to use them.
A firm keeps its production costs down by dumping its waste in the nearby river, adversely affecting water quality for residents in the area.
Government imposes taxes on the production of a socially desirable good.
Street performers don't get full payment for the value of their output because people watch and enjoy the shows without paying the artist.

Answers

The following is the best example of a supply-side market failure is a firm keeps its production costs down by dumping its waste in the nearby river  affecting water quality for residents in the area.

What is market failure?

A market failure is an economic condition defined by the inefficient distribution of goods and services on the open market. In market failure, individual incentives for rational behavior do not lead to rational group outcomes. A simple example of market failure is when a monopoly seller sets a high price for a product, forcing the buyer to purchase the overpriced item.

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the choices a firm offers to its target markets, such as the products available and the pricing of those products, is known as the

Answers

the choices a firm offers to its target markets, such as the products available and the pricing of those products, is known as the marketing mix.

Marketing mix

The marketing mix is the variety of options that a company provides to its target audiences. As a marketer, you have the ability to persuade clients to make the decision you want them to make. In this business one of the most important things is the marketing mix.

Because customer service firms are fundamentally different from those focused solely on physical items, they will frequently take a consumer-centric strategy that adds additional features to satisfy their specific demands. Customer input and replies are included in communication with the purpose of building a continuous dialogue.

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assume that this economy is at e1. now government deficit spending is increased, but the federal reserve does not expand the money supply. according to this model:

Answers

Assume that this economy is at e1. Now, government deficit spending is increased, but the federal reserve does not expand the money supply. According to this model Real GDP will expand, but not as much as if the Federal Reserve had expanded the money supply.

The Real GDP is a macroeconomic measure of the value of economic output adjusted for price changes. This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.

The fed uses its tool to control the supply of money to help stabilize the economy. When the economic is slumping, the fed increases the supply of money to spur growth. Conversely, when inflation is threatening.

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