Answer: Aggregate Demand will shift by $25 billion dollars at each price level
Explanation:
1 % rise in Household wealth increases , Consumer Spending by $5 Billion. We can assume that when Household wealth Decreases by 1% consumer spending decreases by $5 billion dollars.
if Household Wealth Decreases by 5% aggregate demand will fall by $25 Billion (1% represents 5 Billion, so 5% will be $5 Billion x 5). Aggregate Demand Curve will initially shift by $25 billion at each price level when household wealth Falls by 5%
Explanation:
If I am stuck in a long line waiting to check out and I was supposed to deliver the parcel between 5 PM to 6 PM, then I will text the receiver telling him about my problem and tell him that his order will be delivered late and will give him a time boundary. My text message to him will look like the following:
Hi Sir/Madam,
This is abc from xyz company. Your parcel was scheduled to deliver between 5 PM to 6 PM, but due to some uncertain situation, there is a short delay in the delivery. Your parcel is hoped to deliver within the next one hour.
Your patience will be highly appreciated, and apologies for the delay.
Best Regards.
A sample of the text message sent to apologize for the delay would look like this:
This is ABC from XYZ company. Your parcel was scheduled to deliver between 5 PM to 6 PM, but due to some unforeseen delays, we would deliver within the next hour.
Your patience will be highly appreciated, and apologies for the delay.
This is a statement that shows that a person is sorry for the action and would want to rectify the situation.
Hence, we can see that based on the hypothetical situation about sending a parcel and not delivering on time, an apology text needs to be sent and it is shown above.
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A. Compensating differentials
B. Human capital
C. Signaling
D. The superstar phenomenon
A famous rapper has earned enormous sums of money by supplying creative music to millions of fans. Which of the following statements characterize this market in which some earn astronomical incomes while others (who may have similar talent) earn very little? Check all that apply.
A. Because of technology, his music is essentially a public good
B. The best recording artists have high levels of human capital
C. The best recording artists earn dramatically more than good or mediocre artists
D. Customers in this type of market prefer having twice as much of a good from a recording artist half as talented as the superstar
E. Nearly all customers in the market desire the good supplied by the superstar.
2. The link between education and wages is established with the signaling theory of education.
3. The best recording artists earn dramatically more than good or mediocre artists and Nearly all customers in the market desire the good supplied by the superstar.
The signaling theory states that people's future ability to be productive and earn more wages could be judged based on their educational level.
However, it also explains the independent behavior of productivity from education and does not guarantee efficient productivity from highly educated people.
The markets where one person may earn enormously more than others are seen in the music industry. It is because artists who can spend more on music are able to reduce their musical flaws than those who do not have much money to make great musical recordings.
Similarly, products that are endorsed by super starts earn more sellings than others as customers trust products more that are endorsed by their favorite celebrities.
Learn more about signaling theory and here:
Answer:
2.
C. Signaling.
3.
E. Nearly all customers in the market desire the good supplied by the superstar.
C. The best recording artists earned dramatically more than good or mediocre artists.
Explanation:
The corrects answers to the given questions are
2. C Signaling
According to signaling theory productivity is not dependent on education however education serves as a signal for higher productivity.
3.
E. Nearly all customers in the market desire the good supplied by the superstar.
C. The best recording artists earned dramatically more than good or mediocre artists.
The fans eagerly wait for their favorite artist to perform and this lets the artist earn enormous amount of money. The rapper has selected the strategy to supply creative music to his millions of fans who will keep listening to the music again and again this will enhance his popularity and will ultimately result in more money
The amount that James will have available for a down payment after the five years is $3648.
Down payment is the payment that is given in small divisions for a large amount of money. The cash upfront paid by the buyer in real estate transactions and other significant purchases is known as a down payment on a house.
For a home being used as a primary residence, down payments, which are typically a percentage of the purchase price.
To calculate the amount of available money for the down payment, we should first calculate the 4% of the amount of money which is $3,800
The interest rate is 4%
Calculate the interest rate of the money
4% of 3800 = 152
The amount is then subtracted by $3,800
3800 - 152 = 3648
Therefore, James will have $3648 available for the down payment after 5 years.
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1. Find 4% of 3800: 152
2. 3800-152
3. James will have $3648 available for the down payment after the 5 years.
Answer:
10.00%
Explanation:
Calculation for what will be your rate of return after 1 year if Microsoft is selling at $24
Using this formula
Rate of return = (Current price - Initial price ) /Current price *margin
Let plug in the formula
Rate of return=($25 per share-$24)/$25 per share*0.40
Rate of return=$1/10
Rate of return=0.1*100
Rate of return=10.00%
Therefore what will be your rate of return after 1 year if Microsoft is selling at $24 is 10.00%
In this short sale, the initial selling price of the shares was $15,000. A 40% margin was posted, amounting to $6,000. After the price dropped to $24 per share, the shares were bought back for $14,400. The profit gained, which is $600, is divided by the initial investment to obtain a rate of return of 10%.
In a short sale, the initial transaction involves selling a borrowed stock in the hopes of buying it back later at a lower price to earn a profit. The rate of return in a short sale is calculated using the profit earned from the short sale divided by the amount of capital invested originally.
First, we need to calculate how much the total value of the shares was at the time of selling short, so that’s 600 shares × $25/share = $15,000. You posted a 40% margin for the short sale, which means you committed $6,000 (40% of $15,000).
After one year, the Microsoft stock drops to $24 per share. At that price, you can buy back all 600 shares for 600 shares × $24/share = $14,400. The difference between the amount you sold the shares for and what you bought them back at is $15,000 - $14,400 = $600.
Now to calculate the rate of return, take the profit ($600) and divide by the amount of capital originally committed to the transaction ($6,000), so the rate of return is $600 / $6,000 = 0.10 or 10%.
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B. It prevents miscategorization of credit card payment transactions
C. It helps users identify which credit cards have interest rates that are too high
D. It provides easy-to-understand language for non-accountant users
E. It prevents common errors that affect the company's financial statements
F. It compares your client's credit card balances side by side
The 3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F
B. It prevents miscategorization of credit card payment transactions
E. It prevents common errors that affect the company's financial statements
F. It compares your client's credit card balances side by side
•It help to prevents miscategorization of credit card payment transactions as it enables all the credit card payment transaction to designated or allocated to the right person who made the transaction.
• It help to prevents common errors that affect the company's financial statements such as error of reversal example is recording a transaction amount as $25 instead of $52.
• It help to compares your client's credit card balances side by side which help to prevent error as the credit card are easily evaluated.
Inconclusion The 3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F
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Answer:
b or e
Explanation:
Answer:
$1,085,000
Explanation:
Given that,
Accounts receivable, 1/1/04 = $650,000
Credit sales for 2004 = 2,700,000
Sales returns for 2004 = 75,000
Accounts written off during 2004 = 40,000
Collections from customers during 2004 = 2,150,000
Estimated future sales returns at 12/31/04 = 50,000
Estimated uncollectible accounts at 12/31/04 = 110,000
Receivable before allowances for sales returns and uncollectible accounts:
= Accounts receivable, 1/1/04 + Credit sales for 2004 - Accounts written off during 2004 - Collections from customers during 2004 - Sales return
= $ 650,000 + $2,700,000 - $40,000 - $2,150,000 - 75,000
= $1,085,000