What will be the relationship between inflation and unemployment in the concept of money illusion?
Answers
The Friedmanian form of the Phillips curve deals with money illusion. According to the Philips curve, inflation occurs in tandem with economic expansion, which should produce more jobs and lower unemployment.
Give a brief account on money illusion.An economic hypothesis called the "money illusion" contends that people frequently see their wealth and income in nominal dollar terms rather than in actual terms. To put it another way, it is presumptive that individuals do not consider the rate of inflation in an economy and mistakenly think that a dollar is worth the same as it did the previous year. Price illusion is another name for the phenomenon known as money illusion. The psychological issue of money illusion is a topic of discussion among economists. Those who disagree with the notion contend that since consumers constantly encounter changing prices when they visit a store, they naturally think of their money in real terms and account for inflation. While this is going on, other economists assert that there is a widespread prevalence of money illusion, citing things like a lack of financial literacy and the price stickiness of many goods and services as potential reasons why individuals can fall into the trap of disregarding the rising cost of living.
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Related Questions
What is viability factors researches the demand for products or services?
Answers
Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
The field of economics is most concerned with studying:
A. the ways physical capital is formed in nature
B. the biological differences between people's wants and needs
C. the ways people elect their leaders in a democracy
D. the choices people make with limited resources
Answers
Answer:
I think :
D. the choices people make with limited resources.
The field of economics is most concerned with studying the choices people make with limited resources. Thus option D is correct.
What is the Economics system?An economic system is a mechanism used by communities or authorities to coordinate and allocate wealth, activities, and goods throughout a territory or nation. The factors that affect production, such as land, cash, labor, and natural facilities, are governed by economic structures.
In economics, it is studied what people want and what are their needs. This is to make sure that how with the limited amount of resources the people adjust.
The choices that they make. Also how the resources rea being allocated. As the market provides different choices people will take choose accordingly. Therefore, option D is the correct option.
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Calculate the GDP using the table and choose the correct answer.
A) $602
B) $584
C) 298
Answers
Credit cards can help When paid off on time regularly
Answers
Answer:
good to know.
Explanation:
Answer:
yes? I dont know if your talking about credit then your credit score will go up. but if your just telling us some info on credit cards. thanks
A company reported that its bonds with a par value of $50000 and a carrying value of $66.500 are retired for $71,400 cash, resulting In a loss of $4,900. The amount to be reported under cash flows from financing activities is: a. $(71,400). b. $(16,500). c. $(66,500). d. $16,500. e. $(4,900).
Answers
The correct answer is (a) $(71,400).
When a company retires bonds, cash flows from financing activities will be affected. Bonds with a par value of $50,000 and a carrying value of $66,500 were retired for $71,400 cash, resulting in a loss of $4,900.
The company will report cash flows from financing activities of $(71,400). This is calculated by subtracting the carrying value of the bonds ($66,500) from the amount received for the retirement of the bonds ($71,400). The loss of $4,900 is not reported in the statement of cash flows.
The other answer choices are incorrect because:
- (b) $(16,500) is incorrect because it is the difference between the par value of the bonds ($50,000) and the cash received for the retirement of the bonds ($71,400).
- (c) $(66,500) is incorrect because this is the carrying value of the bonds, which was not reported in the statement of cash flows.
- (d) $16,500 is incorrect because it is the difference between the cash received for the retirement of the bonds ($71,400) and the par value of the bonds ($50,000).
- (e) $(4,900) is incorrect because this is the amount of the loss that was not reported in the statement of cash flows.
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Picabo drives a truck as an employee for quik delivery, inc. picabo would most likely be considered acting outside the scope of her employment if she:.
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Picabo drives a truck as an employee for quik delivery, inc. picabo would most likely be considered acting outside the scope of her employment if she crashed into a car at the airport while off duty.
What causes a link between agencies?When one person (the principal) authorizes another (the agent) to act on his behalf while under the P's supervision, and the A agrees to do so, an agency relationship is established. The term "agency" is most frequently used in connection with business-related issues.
Who in an agency relationship is the agent?When there is an agency connection, the agent is the party with the legal right to conduct business on behalf of another party. They are expected to uphold the legal agreement impartially and independently of their own interests.
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this is for ap-ex learning
_____ is important because it helps you create a plan to complete all tasks.
A. A long-term goal
B. Prioritization
C. A short-term goal
D. An instant goal
Answers
Answer:
B. Prioritization
Explanation:
if that helped plz give brainiest.
Budget for 55- to 65-year-old Business Professionals Talk to mentors, family members, or relatives between the ages of 55-65 and who are nearing retirement. Develop a sample budget for someone aged 55-65, considering the adjusted income and expenses in this life phase.
Answers
The sample budget for a 55-65-year-old business professional would include expenses such as healthcare, housing, transportation, food, and leisure activities.
As people age and approach retirement, their financial situation changes. While they may have more disposable income, they also face new expenses such as healthcare and retirement savings.
A sample budget for someone aged 55-65 would need to take into account their adjusted income and expenses in this life phase. Expenses such as healthcare costs, housing, transportation, food, and leisure activities would need to be factored in, along with savings for retirement.
It's important to note that individual circumstances can vary greatly, and budgets should be tailored to each person's unique situation. Consulting with a financial advisor or accountant can be helpful in creating a personalized budget.
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This circle graph shows the results of a survey that asked people to identify their favorite type of music. What percent of people chose rock or country as their favorite type of music?
Answers
Answer:
answer 45
Explanation:
Answer:
45%
Explanation:
Clearly state any five goals of supply in the context of Purchasing & Contract Management.
Answers
The five goals of supply in the context of Purchasing & Contract Management are
Cost ReductionSupplier Relationship ManagementQuality AssuranceRisk ManagementSustainability and Ethical PracticesIn the context of Purchasing & Contract Management, the five goals of supply can be summarized as follows:
Cost Reduction: One of the primary goals is to achieve cost reduction in the procurement process. This includes negotiating favorable prices, sourcing from low-cost suppliers, optimizing inventory levels, and implementing cost-saving measures such as bulk purchasing or strategic sourcing.
Supplier Relationship Management: Building and maintaining strong relationships with suppliers is essential. The goal is to establish mutually beneficial partnerships that promote trust, collaboration, and effective communication. This includes selecting reliable suppliers, fostering long-term relationships, and ensuring supplier performance and accountability.
Quality Assurance: Ensuring the quality of purchased goods and services is crucial. The goal is to procure products and services that meet or exceed specified quality standards. This involves supplier evaluation and qualification, quality inspections, adherence to industry standards, and implementing quality control measures throughout the supply chain.
Risk Management: Mitigating risks associated with the supply chain is essential for continuity and business resilience. The goal is to identify and manage potential risks such as supply disruptions, price volatility, supplier reliability, geopolitical factors, regulatory compliance, and natural disasters. Implementing risk management strategies and contingency plans are vital to minimize potential disruptions.
Sustainability and Ethical Practices: Emphasizing sustainability and ethical practices is becoming increasingly important in procurement. The goal is to source from suppliers who adhere to environmentally friendly and socially responsible practices. This includes considering factors such as environmental impact, fair labor practices, ethical sourcing, diversity and inclusion, and corporate social responsibility.
These goals collectively aim to optimize the procurement process, improve efficiency, drive cost savings, mitigate risks, and promote sustainable and ethical practices throughout the supply chain.
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If u have internet look for a nepali ecommerce firm what do they sell where
Answers
If you are looking for a Nepali e-commerce firm, one example is Daraz. Daraz is an online marketplace that operates in Nepal, providing customers with a wide variety of products, such as electronics, clothing, home appliances, and more.
They sell these items through their website (daraz.com.np) and mobile app, where users can browse, compare, and purchase products conveniently.
Daraz delivers items across Nepal, covering various cities and towns. They also offer multiple payment options, including cash on delivery and online payments, for a seamless shopping experience.
In summary, a Nepali e-commerce firm like Daraz sells a diverse range of products online and delivers them to customers throughout Nepal.
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the system admin took an archive file and applied a compression utility to it
Answers
If the system administrator took an archive file and applied a compression utility to it, the process can be represented as follows:
Original Archive File -> Compression Utility -> Compressed Archive File
The system administrator employed a compression utility to reduce the size of an archive file. The utility applies compression algorithms to condense the data, resulting in a compressed archive file. Compression aims to decrease the file's storage requirements while retaining its content. The process involves analyzing patterns within the data and encoding them more efficiently. This compression technique results in a smaller file size, making it easier to store, transfer, and manage. When the compressed archive file needs to be accessed, it can be decompressed using appropriate software, restoring it to its original form. By utilizing compression utilities, system administrators optimize storage space and enhance file management efficiency.
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Market competition is described as a:
A. Full contact sport
B. None of these
C. Survival of the fittest
D. No holds barred
Answers
Answer:
Survival of the fittest
Explanation:
Survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing. Darwin borrowed the term from English sociologist and philosopher Herbert Spencer, who first used it in his 1864 book Principles of Biology. (Spencer came up with the phrase only after reading Darwin’s work.)
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
Answers
Social Security and Medicare taxes
Corporate income taxes
Excise taxes
Custom duties
miscellaneous revenue
Phoebe Duncan’s check register balance on November 30 was $984.09. Her November 30 bank statement showed a balance of$1,462.25. Checks outstanding were 207 for $298.12, 209 for$86.73, and 210 for $105.03. The bank service charge for November was$12.80 and the interest earned was $1.08. Reconcile Phoebe’s check register.
Answers
Checks that have not yet cleared the bank should be added back to the ending balance on the bank statement when generating a bank reconciliation.
How is the balance of past-due checks handled in the bank reconciliation statement?Any unpaid checks that haven't yet been cleared by the bank must continue to be listed on the unpaid checks section of the bank reconciliation. Any transit deposits that do not show up on the bank statement will still need to be reconciled, but the bank will need to be contacted for more information.
Do you add up or deduct past-due checks?These checks are known as outstanding checks, and they lead to an overstatement of the bank statement balance relative to the company's actual cash position. Due to the fact that unpaid checks have already been recorded as cash disbursements in the company's records, they must be deducted from the bank account.
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A high school student starts a lawn mowing business . His riding lawn mower cost $1,000; gas for the season is $2,000. He spends $500 for gas driving to and from jobs, $300 for supplies and repairs, and $200 for a trimmer. Each week his 20 customers pays $40 a week for a 20 week season. How much money did he make?
Answers
=$12,000.00 is what he earned
Explanation:
20x40.00=800×20=$16,000.00
16,000.00-$4,000.00 =$12,000.00
A high school student starts a lawn mowing business. He makes a $12,000 profit, of much money. Thus, option (a) is correct.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Determine the given the amount of the mowing business are:
His riding lawn mower cost $1,000.Gas for the season is $2,000. He spends $500 for gas driving to and from jobs.$300 for supplies and repairs. $200 for a trimmer.20 customers pays.$40 a week20 week season.The addition of the $1,000 + $2,000 + $500 + $300 + $200
The amount was the 4000
The week was the 20 × 40
The week was the 800
The week was the 800 × 20
The amount was the 16,000
(16000 – 4000) = 12000
The amount was the mowing business money did the make are $12,000. Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
He makes a $12,000 profit.He makes a $4,000 profit.He has an $8,000 total cash inflow.He has a $4,000 total cash inflow.A transaction will only happen if and only if the price is between:
The buyer’s value and the buyer’s outside option
The buyer’s value and the seller’s outside option
The buyer’s value and the seller’s cost of production
The buyer’s outside option and the seller’s outside option
The buyer’s outside option and the seller’s cost of production
Answers
A transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
Let's break down the options to understand why this is the correct answer:
- Option 1: The buyer's value and the buyer's outside option. This option doesn't make sense because the buyer's outside option is not directly related to the transaction. The buyer's outside option refers to an alternative choice the buyer has if the transaction doesn't occur, and it is not directly involved in determining the price of the transaction.
- Option 2: The buyer's value and the seller's outside option. This is the correct answer. The buyer's value represents the maximum amount the buyer is willing to pay for the item or service. The seller's outside option refers to an alternative choice the seller has if the transaction doesn't occur. For a transaction to happen, the price needs to fall between the buyer's value and the seller's outside option. This ensures that both the buyer and seller find the transaction mutually beneficial.
- Option 3: The buyer's value and the seller's cost of production. This option doesn't capture the buyer's perspective accurately. The buyer's value is the maximum price the buyer is willing to pay, whereas the seller's cost of production is the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
- Option 4: The buyer's outside option and the seller's outside option. The buyer's outside option is not directly involved in determining the price of the transaction. It refers to an alternative choice the buyer has if the transaction doesn't occur. The seller's outside option also refers to an alternative choice the seller has if the transaction doesn't occur. However, the price of the transaction is determined by the buyer's value and the seller's outside option, not the outside options of both parties.
- Option 5: The buyer's outside option and the seller's cost of production. The buyer's outside option is not directly involved in determining the price of the transaction. The seller's cost of production refers to the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
Therefore, the correct answer is: The transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
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Criticism about boards of directors has led more companies to make sure the people on their boards are:
Answers
Criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.
Who are independent managers?Independent managers are those managers who are part of LLC's board of directors but does not partake in the day to day running of the operation of the company.
This in turn means that they are independent of Limited Liability Company's ownership because they are not part of the company entity team and they have no any form of relationship with a company.
Inconclusion criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.
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A manager finds that the flow rate can increase by 10% if the total wages of employees increase by 5%. what's the percentage change in the cost of direct labor in such a case?
Answers
In such a case an increase in wage by 5% has a direct impact on direct labor by 5%.
They must be paid for their efforts, regardless of the language employed to describe them. Wages are the amounts that are thus compensated, whether in cash or in kind and facility. Because it pertains to the labour (exertion) that employees put into the production of a good or the supply of services, the cost of paying employees' salaries is sometimes referred to as labour cost. In a nutshell, employee cost refers to a broader word that covers wages, salaries, bonuses, incentives, etc. that are given to employees and recorded as labour costs on a cost item.
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"free enterprise" and "________________" are terms for an economy based on private businesses competing for profits in open markets with minimal government regulations.
Answers
Answer:
entrepreneurship for them and
What is the author's main claim or argument?
Pizza is the best
Answers
If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
Answers
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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When a country that imports a particular good imposes an import quota on that good,
A. consumer surplus increases and total surplus increases in the market for that good.
B. domestic sellers and domestic buyers become worse off.
C. the domestic quantity supplied decreases.
D. consumer surplus decreases and total surplus decreases in the market for that good.
Answers
When a country that imports a particular good imposes an import quota on that good consumer surplus decreases and total surplus decreases in the market for that good.
The consumer surplus is the term which is used to measure of consumer welfare and is defined as the excess of social valuation of the products and services over the price actually paid.
The consumer surplus while taking into consideration the demand and supply curves. It is measured by the area of triangle below the demand curve and above is the observed price.
The country that imports a particular good imposes an import quota on that good by the consumer surplus decreases and total surplus decreases in the market for that good.
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which of the following describes what occurs by retaining tactical level ccirs at the operational level?
Answers
The correct answer is: It adds unnecessary reporting requirements, shifts HQ's focus away from setting conditions, and slows subordinates' agility.
When tactical level Commander's Critical Information Requirements (CCIRs) are retained at the operational level, it can have negative consequences. Retaining tactical level CCIRs at the operational level adds unnecessary reporting requirements, which can burden the subordinate units and divert their focus from mission execution.
It also shifts the headquarters' focus away from setting strategic conditions and achieving overarching objectives as they become occupied with tactical-level reporting. Additionally, keeping CCIRs at the operational level can slow down subordinates' agility and decision-making process as they need to wait for approval or guidance from higher headquarters.
Effective delegation of CCIRs to lower levels empowers subordinates, enables flexibility in decision-making, and allows the operational level to focus on broader planning and strategic decisions.
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Complete Question
which of the following describes what occurs by retaining tactical level ccirs at the operational level?
It adds unnecessary reporting requirements, shifts HQ's focus away from setting conditions, and slows subordinates' agility
It focuses on non-traditional execution requirements, keeps emphasis on counter-insurgency environments, and identifies critical measures of effectiveness
It empowers subordinates, enables agility and flexibility, and focuses on planning and decisions
It provides for longer term assessment, enhances situational understanding, and meets design and planning requirements
During the past few decades, the percentage of our income spent on health care: Group of answer choices has increased due to an aging U.S. population. has decreased due to costly advances in medical technology. has increased due to advanced demand-and-supply distribution of health care facilities. has decreased due to increased regulation and decreased administrative costs. has decreased due to the reduction in health care costs.
Answers
Answer:
Has increased due to an aging U.S. population
Explanation:
Health care spending as percentage of GDP
The US is said to have had the highest health care spending of about 17.1% of GDP when compared to France of 11.6%, Sweden, Germany, Netherlands and other countries.
The United States is said to be the only advanced economy that tolerates having a significant portion of its citizens uninsured as well as have the largest private market for healthcare financing of any nation. The US also use or spend more per capital on health care services than any other nation, but has some of the poorest health outcomes.
Affordable Care Act
This law was set up to increase the access to existing insurance programs, instead to redesign the entire insurance system., it also serves to provide federal funding to expand access to insurance, while giving room for state differences in implementation of the law. and increase private health insurance markets, subject to extensive federal regulations etc.
The annual report for Jackson Farms disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017, 810 million shares had been issued and the number of shares in treasury stock was 111 million. During 2017, the only common share transactions were that 19 million common shares were reissued from treasury and 30 million common shares were purchased and held as treasury stock.
Required: Determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2017.
Answers
Answer:
a: 810 (million)
b: 111-19(issued)+30(purchased)= 122 (million)
c: 810 (issued)-122 (treasury)=688 million
true or false
rising prices causing lower buying power is referred to as an inflation risk
Answers
if i remeber correctly i believe it true
Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?
Answers
Answer:
Blank Report
Explanation:
A(n) _____ clause is a clause parties include in a written agreement within the statute of frauds that states that the written agreement accurately reflects the final, complete version of the agreement. a) adhesion b) addendum c) parol d) merger e) consolidation
Answers
A merger clause is a clause that is included in a written agreement within the statute of frauds that states that the written agreement accurately reflects the final, complete version of the agreement. Hence, option d is correct.
A merger clause, also known as an integration clause, is a provision that serves to merge prior negotiations or understandings into a single written agreement. It declares that all previous agreements or commitments that are not mentioned in the written agreement are null and void. A merger clause has several advantages, including:
a) It helps to reduce the risk of disputes and misunderstandings between the parties involved.
b) It serves as a strong indicator that the written agreement is the final, complete version of the agreement, which reduces the likelihood of any supplementary claims or requirements.
c) It also serves to highlight the final agreement's specific terms and conditions, making it easier for both parties to comply with the terms of the contract.
Thus, option d is the correct answer.
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What is a benefit of career planning that helps you keep up with rapid change?
O Planning slows down your ability to evaluate how well your career path is working for you.
O Rapid change makes it easy to find information on jobs and companies that interest you.
You can make plans that you will never need to change.
It helps you learn about trends in your career field.
Answers
Answer: It helps you learn about trends in your career field.
Explanation: I took the test |
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