If income increases by $100 and saving increases by $25, the slope of the consumption function equals O a. 3/5 Ob. 1/2 O c. 3.4 d. 14 e. 15

Answers

Answer 1

If income increases by $100 and saving increases by $25, the slope of the consumption function equals 3.4

The relationship between total consumption and gross national income can be modeled using an economic formula called the consumption function, also known as the Keynesian consumption function. The function was first proposed by British economist John Maynard Keynes, who claimed it could be used to monitor and foresee total aggregate consumption spending.

The consumption function's slope is defined as the marginal propensity to consume.

Consumption function: C+c Yd

Where, C = Autonomous consumption

          Yd = Disposable income

             c = MPC or Slope of consumption function

Change in income = $100

Saving = $25

Change in consumption = Change in income-Saving

Change in consumption = $100-$25

Change in consumption = $75

MPC or Slope of consumption function(c) = \(\frac{Change in consumption}{Change in income}\)

MPC or Slope of consumption function(c) = 75/100

Divide both denominator and numerator by 25 = (75÷25)/(100÷25)

We get MPC or Slope of consumption function(c) = 3/4

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Related Questions

How can you stop
yourself from interrupting others ( 3-5 sentences)

Answers

Explanation:

Non verbal cues are crucial in indicating that another person is metaphorically punctuating their sentences and waiting for a response. This may include their voice pitching down or a small shrug to indicate they are finished their point and you may talk. Additionally, before speaking, a small pause is beneficial in allowing buffer time for the other party to speak.

the ability of an individual to own and exercise control over scarce resources is called:______.

Answers

An individual's ability to own and control scarce resources is known as Property rights.

What are property rights?

The right to property is commonly defined as the right to own or own something, such as a property. B. a property or a car, and to be able to dispose of it as you wish. However, this is only one aspect of property law that focuses on exclusive property rights. For example, the owner of a home has the right to decide whether to rent it out and, if so, to which tenant; live there alone; or use it in any other peaceful way.It is the right to decide how to use it.

According to Article 300-A of the Indian Constitution, the Property Law states that no one but the State (Government) has the right to deprive a person of his property.

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You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.

Answers

Answer:

3.2%

Explanation:

this is an ordinary annuity:

future value of an ordinary annuity = annual payment x future value annuity factor

$366,000 = $11,000 x future value annuity factor

future value annuity factor = $366,000 / $11,000 = 33.2727

you can solve this in two ways:

the first is with a lot of math work in order to solve the following equation

33.2727 = [(1 + i)²³ - 1] / i

or

you can use an annuity calculator (available online) which will yield 3.2%

when comparing aggregate planning options, a hybrid or mixed approach generally leads to the lowest cost. a. true b. false

Answers

When considering different choices for aggregate planning, a hybrid or mixed strategy typically results in the lowest cost. This assertion is TRUE

Options for aggregate planning

A selection of alternatives that adapt to changes in demand by using stock or backorders, changing the demand pattern, or some combination of these. Reactive choices, in which the operations division responds to changes in demand by using inventories and backorders.

A hybrid or mixed method typically results in the lowest cost when evaluating aggregate planning choices because it combines the benefits of various strategies to produce a more economical solution. So, this assertion is accurate.  

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the ________ department tracks all sales, payments, and transfers of funds.

Answers

The "Accounting" department tracks all sales, payments, and transfers of funds.

The Accounting department is responsible for recording and tracking all financial transactions within an organization. This includes the monitoring and documentation of sales, payments received, and any transfers of funds that occur within the company.

The Accounting department ensures accurate and timely recording of financial data, maintains financial records and prepares financial statements. They track sales by recording revenue generated from the sale of goods or services. Payments received from customers are also recorded to reflect the inflow of funds.

In addition, any internal or external transfers of funds, such as transfers between bank accounts or between different departments within the company, are tracked by the Accounting department to maintain proper financial records and ensure transparency in the organization's financial activities.

Overall, the Accounting department plays a crucial role in tracking and managing the financial transactions of a company, providing vital information for financial reporting, analysis, and decision-making.

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1. Workplaces that grow plants, such as farms, nurseries, greenhouses,
gardens, and parks are part of
Plant Systems
Animal Systems
Food Products & Processing Systems
Environmental Service Systems

1. Workplaces that grow plants, such as farms, nurseries, greenhouses,gardens, and parks are part ofPlant

Answers

Answer:

Plant Systems

Explanation:

The plant system entails the science of how plants grow. It is the study of the different types of plants and how they impact our world. Gardens, farms, nurseries, greenhouses, and parks also form part of the plant's system.

Plant Systems specialists help feed the nation by monitoring our plant food quality and safety. They provide information that aids consumers in making sensible nutritional decisions.

What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?

Answers

The answer is Market Research .

How do businesses compete for customers?

Answers

Answer:

marketing team and review resources

Why is money management important? How would you rate your own money management?

Answers

Answer:

because it has money

Explanation:

Answer:

Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.

Explanation:

You charged $500 to your credit card to buy a new TV and paid it off after 6 months. With interest, you paid back a total of $600. Which of the following is the principal in this situation? A $500. B 6 months. C $100. D $600.

Answers

The principal in this situation involving the pruchase of a TV with a credit card is A. $500

What is the principal ?

The principal in this situation refers to the original amount that was borrowed or charged to the credit card. In this case, the principal is $500 because that is the amount that was charged to the credit card to buy the new TV.

The total amount that was paid back, including interest, is $600. The difference between the total amount paid and the original amount borrowed represents the interest paid on the credit card debt.

Therefore, the principal in this situation is $500.

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Why do large corporations want to become more like small businesses?

Answers

Answer:

Many large corporations want to become more like small businesses because they want to make their firm more flexible, resourceful, innovative, and competitive. ... For businesses based off the internet, they are able to adapt to market changes quickly.

Small businesses are more nimble than larger businesses, and are better able to adapt as market conditions change. Because a small business is closer to its customers, it is in a better position to hear feedback and observe changing preferences.

Explain the conceptual connections between goodwill, duty, and the categorical imperative.

Answers

The conceptual connections between goodwill, duty and categorical imperative refer to the theory of Transcendental Idealism developed by Imannuel Kant. According to him, the Categorical Imperative corresponds to the way individuals evaluate moral actions and make moral judgments.

Categorical imperative and duty

The relationship between them occurs according to the theory of goodwill, which relates to human intention and will, which must be to act in accordance with reason to determine the right, which is the duty of individuals.

Therefore, according to Kant, moral law must satisfy the precepts of being universal, impartial and rational, which can be learned by the cognitive processes of human beings.

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If the driver of Quick Eats, a grocery delivery service, loses control of the car and damages property or injures a person when making a delivery, a resulting lawsuit would be an example of a

Answers

If the driver of Quick Eats, a grocery delivery service, loses control of the car and damages property or injures a person when making a delivery, a resulting lawsuit would be an example of a tort.

A tort is an act or omission that results in damage or injury to another person, or in harm to another person's property, for which the law provides a remedy in the form of an action for damages. In other words, a tort is a civil wrong that causes damage or injury to another person or entity. It is a legal action that can be brought against the responsible party in order to compensate the victim for their losses.In the scenario given above, the driver's loss of control of the car resulted in damage to someone's property or injury to a person, which would be considered a tort. If the victim were to file a lawsuit against the driver and/or Quick Eats, it would be a tort action seeking compensation for the harm done.

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higgins enterprises is accepting notes receivable from four customers for $18,000 each. which customer will end up paying the least in interest, assuming all individuals pay in full on the maturity date?

Answers

Answer:

328.5

Explanation:

18000*annual interest rate*days/360

18000*7.3%*90/360 = 328.5

Based on the amount accepted as notes receivables and the interest rates, the individual that will pay the least interest is Individual 3.

Individual 1:                                                        Individual 2:

= Amount x Interest x Period / year                 = 18,000 x 5.98% x 1 year

= 18,000 x 6.75% x 4/12 months                     = $1,076.40

= $405

Individual 3:                                                       Individual 4:

= 18,000 x 7.3% x 90/365 days                       = 18,000 x 7.15% x 8/12 months

= $324                                                              = $858

In conclusion, Individual 3 will pay the least interest.

The customers in question are:

A. Individual 1 has an annual interest rate of 6.75% and a maturity date of four months.

B Individual 2 has an annual interest rate of 5.98% and a maturity date of one year.

C Individual 3 has an annual interest rate of 7.3% and a maturity date of 90 days.

D. Individual 4 has an annual interest rate of 7.15% and a maturity date of eight months.

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a) Explain different types of professions related to financial sector.​

Answers

Answer:

Positions in the commercial banking sector include bank tellers, loan officers, operations, marketing, and branch managers

If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
Yens do you need to buy 200 Dollars for? show working please

Answers

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

Answer:

2400 yen

Explanation:

smort

CAN YALL PROMISE ME U WILL BE NICE TO EVERYONE please and thx

Answers

Answer: yes

Explanation: because yes

YES OFC A MILLION TIMES YES✨

What is the relationship between insurance and successful financial management? Why is insurance important?

Answers

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Insurance is an important aspect of risk management in business. Insurance is related to successful financial management because when a business is insured, it can weather times of loss and unforeseen occurrences without losing its strength. Insurance is important because it helps businesses to mitigate loss.

Insurance is an aspect of risk management in business where a policyholder pays an agreed sum to the insurer, with the intent of lightening any unforeseen losses they may encounter in the future.

Insurance is important because businesses come with risks that could be sudden and unexpected.

The pool of funds generated by the insurance company from other insurers will be used to attenuate the loss that the business will face.

Conclusively, if businesses will thrive for a long time, insurance is very beneficial.

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one of the biggest challenges involved with personal selling is

Answers

One of the biggest challenges involved with personal selling is the need to constantly adapt to changing customer needs and preferences.

Customers are becoming increasingly knowledgeable and sophisticated, and they expect salespeople to be able to provide them with detailed information about products and services. Furthermore, with the rise of e-commerce, customers are more likely to research products online before making a purchase. This means that salespeople need to be able to provide value beyond what the customer can find online. Another challenge in personal selling is the need to establish trust and build relationships with customers. Customers are more likely to buy from salespeople they trust and who they believe have their best interests in mind. This requires salespeople to be authentic, empathetic, and able to listen to the customer's needs. In addition, personal selling can be time-consuming and expensive. Salespeople need to be able to prioritize their time and resources effectively to ensure that they are focusing on the most profitable opportunities. Overall, personal selling requires a high level of skill, adaptability, and dedication. To succeed in this field, salespeople need to be able to build trust and relationships with customers, stay up-to-date with changing customer needs and preferences, and prioritize their time and resources effectively.

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1. What action should the Federal Open Market Committee (FOMC) take if it
sees signs of inflation rising above 2% and believes inflation will continue to
rise if it takes no action?
2. Explain how the action you suggest will work to control inflation.

Answers

Answer: Governments can use wage and price controls to fight inflation, but that can cause recession and job losses

Explanation: Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.

Which of the following is part of the manufacturing cluster?
A.
Selling goods
B.
Offering professional services
C.
Cleaning buildings
D.
Purchasing management

Answers

Answer:

I think its cleaning buildings bc that has to do with maintenance

well actually try b because that makes me sense

Explanation:

The manufacturing cluster contains six career pathways: health, safety, and environmental assurance; logistics and inventory control; maintenance, installation and repair; manufacturing production process development; production; and quality assurance.

The use of artificial trade barriers, such as tariffs and import quotas, cannot increase domestic output and employment in the short run, but can in the long run. can increase domestic output and employment in the short run and in the long run. can increase domestic output and employment in the short run, but that is not likely to last in the long run. cannot increase domestic output and employment in the short run or in the long run.

Answers

The use of artificial trade barriers, such as tariffs and import quotas, cannot increase domestic output and employment in the short run or in the long run.

The utilization of counterfeit exchange boundaries, like duties and import standards, can't increment homegrown result and work in the short run or over the long haul. While these exchange hindrances may briefly shield homegrown ventures from unfamiliar contest, they at last lead to adverse results.

In the short run, forcing exchange obstructions might give a security to homegrown enterprises, permitting them to expand creation and business. In any case, this comes to the detriment of greater costs for imported merchandise, decreased buyer decisions, and likely reprisal from different nations.

These elements can hose by and large financial movement and obstruct the development of homegrown enterprises that depend on imported inputs.

Over the long haul, the adverse consequences of exchange obstructions become more articulated. They twist market influences, deter contest, and limit admittance to worldwide business sectors.

This hampers proficiency, advancement, and efficiency development, which are fundamental for supported financial extension. Besides, different nations might fight back with their own exchange obstructions, prompting a worldwide exchange war that further hampers financial development and business.

In this way, while exchange obstructions might offer transient advantages to specific enterprises, their general effect is negative to the economy, repressing homegrown result and work in both the short run and the long run.

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Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).

Answers

The cost approach to value is one of the three main approaches used in real estate appraisal.

It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.

The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.

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write on perfect competition​

Answers

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market. lol

A recently established law school constructed its building in a quiet residential neighborhood. The law school had obtained all of the necessary municipal permits for the construction of the building, which included a large clock tower whose clock chimed every hour. The chimes disturbed only one homeowner in the neighborhood, who had purchased her house prior to the construction of the building. The homeowner was abnormally sensitive to ringing sounds, such as bells and sirens, and found the chimes to be extremely annoying.

Required:
In a nuisance action by the homeowner against the law school, will the homeowner prevail?

Answers

In a nuisance action by the homeowner against the law school, the homeowner will not prevail because the chimes do not disturb the other residents of the neighborhood.

What is a residential area?

A residential area refers to the place where there are residents or citizens living. This area will be utilized for living purposes, not business purposes. In this area there will be no manufacturing units will be established.

In this situation when the construction of the law school has been done, it clearly mentioned that they took all the required permission from the municipal authority. It shows that they have not violated any rules for construction.

The chimes disturbed only one homeowner which means that it was medical conditions due to which he get disturbed as others do not have any problem with the chimes.

In this situation the court will not prevail the case as the law school fulfilled all the requirements of construction, as well as homeowner, was sensitive to sounds so he can take treatment for the same.

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An example of an intangible resource, or one that is difficult to place a monetary value on, is
human labor.
capital.
extinct species.
satisfaction.
solar energy.

Answers

An example of an intangible resource, or one that is difficult to place a monetary value on, is: extinct species.

While human labor, capital, satisfaction, and solar energy can be quantified and assigned a monetary value, extinct species are considered intangible resources. Extinct species have ecological, aesthetic, and scientific value, but their worth is challenging to measure in monetary terms. The loss of biodiversity and unique genetic information due to the extinction of species can have profound impacts on ecosystems and the overall functioning of the planet. Although efforts are made to assess their value through methods like ecosystem services valuation, the true worth of extinct species remains elusive and difficult to quantify accurately.

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Which of the following gas satisfaction measures wWhich of the following gas satisfaction measures would Be this for a company to use if they want to estimate how many customers might recommend them to their friends?

CES
CSAT
PSC
NPS​

Answers

Answer:

Simple Random Sample

Explanation:

Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
$88,700
$91,700
$292,700
$496,700

Answers

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.

Hence, The net worth of Keisha is $88,700

Answer:

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.

Hence, The net worth of Keisha is $88,700

Explanation:

Harlan made equal payments at the end of each month into his RRSP. If interest in his account is 10.3​% compounded semi-annually​, and the balance after seven years is ​$16,000​, what is the size of the monthly ​payment?

Answers

The monthly payment that Harlan made into his RRSP was $120.84. RRSP stands for Registered Retirement Savings Plan. Harlan made equal payments at the end of each month into his RRSP and the balance after seven years is ​$16,000.

The interest in his account is 10.3% compounded semi-annually.The first step in solving the question is to use the formula for compound interest which is given by:A = P(1+r/n)^(nt) Where A is the total amount of the investment, P is the principal amount, r is the rate of interest, t is the number of years the investment was made for, and n is the number of times the interest is compounded in a year.

We need to find the monthly payment Harlan made into his RRSP. Let’s assume that the monthly payment is X dollars. Therefore, the total investment over 7 years will be $12X. The rate of interest is 10.3% compounded semi-annually. To calculate the semi-annual interest rate, we divide 10.3 by 2 which gives us 5.15%. Hence, the interest rate per month is 5.15/6 = 0.858%.

The time period for the investment is 7 years * 12 months = 84 months.Using the formula, we get:$16,000 = X((1 + 0.00858)^{2*84} - 1)/0.00858$16,000 = X(132.3191)X = $16,000/132.3191X = $120.84.Therefore, the monthly payment that Harlan made into his RRSP was $120.84.

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The goal of operations management is to produce a good or service at the highest possible cost while maintaining the lowest possible quality.
-True
- False

Answers

That answer is True because it says that the lowest possible quality and it is true

The goal of operations management is to produce goods and services of the highest quality with an aim of increasing profits and reducing costs. Thus, the statement given is false.

What is the goal of operations management?

The goal of operations management is to help a company maximize efficiency, boost productivity, raise profits while lowering costs, and ensure the production and delivery of high-quality products or services that meet the expectations of its customers.

Operations management focuses on increasing productivity by manufacturing qualitative products at the least cost possible.

Therefore, the given statement about the goal of operations management is false.

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