A good economic theory___________.a. choicesapproaches reality in all its complexity.
b. involves some simplification of reality.
c. focuses on the unique aspects of each situation.
d. bears no relation to reality.
e. is based on normative statements.

Answers

Answer 1
Answer:

Answer:

The correct answer is B

Explanation:

Economic theory is the theory which states or trying to explain the phenomena of economics, how the economy behaves, interpret the reason and what is the best solution to the economic problem- how to influence the economic theory.

All the theories of the economic, used to explain the particular problems or the situation in the economy through its model.

So, the good economic theory would be the one which comprise of the simplification of reality.


Related Questions

What is the effect on​ China's aggregate demand when the United States goes into​ recession, when Japanese and European firms establish new plants in​ China, or when the Chinese yuan strengthens against the U.S.​ dollar?
Tanner-UNF Corporation acquired as a long-term investment $330 million of 5.0% bonds, dated July 1, on July 1, 2021. Company management has the positive intent and ability to hold the bonds until maturity. The market interest rate (yield) was 6% for bonds of similar risk and maturity. Tanner-UNF paid $300.0 million for the bonds. The company will receive interest semiannually on June 30 and December 31. As a result of changing market conditions, the fair value of the bonds at December 31, 2021, was $310.0 million. Required: 1. & 2. Prepare the journal entry to record Tanner-UNF’s investment in the bonds on July 1, 2021 and interest on December 31, 2021, at the effective (market) rate. 3. At what amount will Tanner-UNF report its investment in the December 31, 2021, balance sheet? 4. Suppose Moody’s bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2022, for $290.0 million. Prepare the journal entry to record the sale.
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $120,000 or $300,000 with equal probabilities of 0.5. The alternative risk-free investment in T-bills pays 5% per year. Required:a. If you require a risk premium of 8%, how much will you be willing to pay for the portfolio?b. Suppose the portfolio can be purchased for the amount you found in (a). What will the expected rate of return on the portfolio be? c. Now suppose you require a risk premium of 15%. What is the price you will be willing to pay now? d. Comparing your answers to (a) and (c), what do you conclude about the relationship between the required risk premium on a portfolio and the price at which the portfolio will sell?
Selected transactions for M. Coronado, an interior decorator, in her first month of business, are as follows. Jan. 2 Invested $11,700 cash in business. 3 Purchased used car for $3,510 cash for use in business. 9 Purchased supplies on account for $585. 11 Billed customers $2,808 for services performed. 16 Paid $410 cash for advertising. 20 Received $819 cash from customers billed on January 11. 23 Paid creditor $351 cash on balance owed. 28 Withdrew $1,170 cash for personal use by owner.1. Journalize the above transactions. Date Account Titles and Explanation Debit CreditJan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28Jan. 2Jan. 3Jan. 9Jan. 11Jan. 16Jan. 20Jan. 23Jan. 28
9) Selected information regarding a company's most recent quarter follows (all data in thousands). 9) _______ Direct labor $540 Beginning work in process inventory $330 Ending work in process inventory $420 Cost of goods manufactured $1620 Manufacturing overhead $830 What was the cost of direct materials used for the quarter

What are the products of an effectively performed job analysis?

Answers

Answer:

The explanation including its single issue is outlined in the section below on theories.

Explanation:

Analysis of work environment or profession is also widely recognized as the analysis of jobs. That would be the first starting point throughout the staffing process.

It describes items as follows:

  • The work to be completed.
  • Performance predicted.
  • The instruments and procedures involved.
  • Working or Workplace conditions, including due salaries.

FFDP Corp. has yearly sales of $29.8 million and costs of $15.5 million. The company’s balance sheet shows debt of $55.8 million and cash of $39.8 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 9.3. What is the company’s enterprise value? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) What is the stock price per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

$59.68 million per share

Explanation:

The computation of stock price per share is shown below:-

Earnings Before Interest , depreciation, taxes and amortization (EBITDA) = Sales - Cost

= $29.8 million - $15.5 million

= $14.3 million

Enterprise Value ÷ EBITDA = 9.3

Hence, Enterprise Value = EBITDA × 9.3

= $14.3 million × 9.3

= $132.99 million

Enterprise Value = Value of Equity + Debt - Cash

or Value of Equity = $132.99 million - $55.8 million + $39.8 million

= $116.99 million

Now,

Stock Price Per share = Value of Equity ÷ Number of Shares Outstanding

= $116.99 million ÷ 1,960,000

= $59.68 million per share

Final answer:

The company's Enterprise Value (EV) is $132,990,000 and the stock price per share is $60.20. The EV was calculated by multiplying the firm's EBITDA ($14.3 million) by the industry EV/EBITDA multiple (9.3). The stock price per share was determined by dividing the Market Capitalization ($117,990,000) by the shares outstanding (1,960,000).

Explanation:

To respond your question, we first need to calculate the company’s Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA). In this case, since only sales and costs are given, let's assume that EBITDA is the company’s sales minus costs. Therefore, EBITDA = $29.8 million - $15.5 million = $14.3 million. Secondly, the Enterprise Value (EV) is determined as the product of the company’s EBITDA and the industry EV/EBITDA multiple. EV = $14.3 million * 9.3 = $132.99 million. But keep in mind to enter your answer in dollars, not millions of dollars. So, the EV = $132,990,000.

To calculate the stock price per share, we must first calculate the Market Capitalization of the company. The Market Capitalization is the EV minus the net debt (which is the company's debt minus the cash). Market Capitalization = EV - (Debt - Cash) = $132,990,000 - ($55,800,000 - $39,800,000) = $117,990,000.

Lastly, we get the stock price per share by dividing the Market Capitalization by the number of shares outstanding. Stock price per share = $117,990,000 / 1,960,000 shares = $60.20. So, the stock price per share would be $60.20 returned to 2 decimal places.

Learn more about Enterprise Value and Stock Price Calculation here:

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On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the maturity value of the note on March 1

Answers

Answer:

$9,236.71

Explanation:

The computation of the maturity value of the note is shown below:-

Interest Amount = ($9000 × 8%) × 120 ÷ 365

= $720 × 120 ÷ 365

= $236.71

So, the Maturity Value is

= Face value + Interest amount

= $9,000 + $236.71

= $9,236.71

Therefore for computing the maturity value we simply applied the above formula.

Denise has her heart set on being a millionaire. What payment does Denise need to make at the end of each month over the coming 44 years at 6​% APR to reach her retirement goal of ​$1 ​million?

Answers

Answer:

$ 941 796

Explanation:

The present amount with compound interest is given by the following formula:

A = P (1+(r)/(n))^(nt)

where A = $ 1 000 000

t (years)  = 44

rate         = 6%

               = 0.06

The formula becomes:

1 000 000 = P (1 + (0.06/44) (44*1)

1 000 000 = P (1.0618)

              P = $ 941 796

so the amount needed to be deposited is $ 941 796

Suppose the economy is initially in long-run equilibrium. Then suppose there is an increase in military spending. According to the model of aggregate demand and aggregate supply, what happens to prices and employment in the short run

Answers

Answer:

prices rise, employment rises.

Explanation:

In the starting equilibrium price, there would be more demand that result in fall in the firm inventory. Now in order to maintain the level of the inventory the firm would have to rise the production for this the firm should hire more wokers due to this the employment would rise also the wages are more paid as compared to before so it increase the production cost that results in rise in price

Therefore the above represent the answer

Which account would be listed on a post-closing trial balance?a. Sales Revenue
b. Depreciation Expense
c. Retained Earnings
d. Income Tax Expense.

Answers

Answer: c. Retained Earnings

Explanation:

The post-closing trial balance reflects balance sheet items that do not have a $0 balance in them when a period has ended and is prepared after the temporary accounts have been closed off. The purpose is to make sure that the debits equal the credits.

As there are no temporary accounts, all income statement items will have been closed off and moved to the Retained earnings account which will reflect the total for the income statement for the year. The only account that will be listed in the post-closing trial balance therefore will be the Retained earnings account.

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