According to the "J curve effect," a weakening of the U.S. dollar relative to its trading partners' currencies would result in an initial ____ in the current account balance, followed by a subsequent ____ in the current account balance. a. decrease; decrease b. decrease; increase c. increase; increase d. increase; decrease

Answers

Answer 1
Answer:

Answer:

Option B                      

Explanation:

In economics, the J-curve impact is frequently used to explain, for example, how a nation's trade balance negatively affects briefly after a depreciation of its exchange rate, then gradually recovers, and eventually exceeds its previous results.

If the currency of a country is appreciated, economists note, there may be a reverse J-curve. For importing nations, the country 's products unexpectedly become more competitive. When other countries will meet the gap at a cheaper profit, the stronger currency would weaken its advantage on exports.

Answer 2
Answer:

Final answer:

According to the 'J curve effect', a weakening of the U.S. dollar would cause an initial decrease in the current account balance due to the instant effects on import and export prices. However, with time, the balance is likely to increase due to adjustments in export and import volumes. Therefore, the correct response to your question is (b) decrease; increase.

Explanation:

The 'J curve effect' is a theory in international economics that describes the likely effects of a currency devaluation on a country's trade balance. In specific, when the U.S. dollar weakens relative to its trading partners' currencies, it could initially cause a decrease in the current account balance. The reason is that the immediate effect of a weaker dollar is to make foreign imports more expensive and the U.S. exports less valuable, deteriorating the trade balance. However, in the longer term, the trade balance may increase in the current account balance. This is because over time, the cheaper U.S. exports become more appealing to overseas buyers and imports into the U.S. decrease due to their higher price, improving the balance.

So the answer to your question is: a weakening of the U.S. dollar relative to its trading partners' currencies would result in an initial decrease in the current account balance, followed by a subsequent increase in the current account balance. Hence, the correct option is (b) decrease; increase.

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Buffy is engaging product users to create an exhaustive list of things that bother them when they use the product and how often those situations arise, then asking the consumers to rate the list in order of importance and asking which brands are associated with the items on the list. She is using an approach called _____________________________

Answers

Answer: Problem detection

Explanation: Problem detection is used in R&D, it is a techniques that asks consumers who are familiar with the product or service to ponder upon an exhaustive list of things that bothers them while using the product.

This is done to find the ideas to make creative strategies and improvements in product/service.

Problem Detection approach identifies and prioritizes the most pressing consumer concerns so that the brand they are associated with can address unmet needs that exist in the marketplace.

[The following information applies to the questions displayed below.] On July 23 of the current year, Dakota Mining Co. pays $4,715,000 for land estimated to contain 5,125,000 tons of recoverable ore. It installs and pays for machinery costing $410,000 on July 25. The company removes and sells 480,000 tons of ore during its first five months of operations ending on December 31. Depreciation of the machinery is in proportion to the mine’s depletion as the machinery will be abandoned after the ore is mined. Required: Prepare entries to record the following. (Do not round your intermediate calculations. Round "Depletion per ton" to two decimal places and round all other answers to the nearest whole dollar.) (a) The purchase of the land. (b) The cost and installation of machinery. (c) The first five months' depletion assuming the land has a net salvage value of zero after the ore is mined. (d) The first five months' depreciation on the machinery.

Answers

Answer:

journal entries to make are as shown below: DAKOTA MINING CO

question 1

Date            Transaction                        Debit              credit             amount

July 23        land  purchase            Land account                        $ 4,715,000

july 23          land purchase                                           Bank       $ 4,715,000

question 2

July 25          Machine cost          machine account                     $410,000

July 25           Machine cost                                            bank        $410,000

December 31  depletion 5 months      profit                                $441,600

December 31   depletion                                         mine reserve   $0.92/ton

December 31    Depreciation               profit                                    $441,600

December 31,   depreciation                                    land                   $441,600                  

Explanation:

Purchase of fixed asset: the asset account usually have debit balances, so you debit the asset account and credit Dakota bank account where the money was paid out. The land account and  machine accout will have the purchase cost/installation cost as debit balances(entries) respectively while Dakota Mining co bank account will be credited with the respective amounts $ 4,715,000 -land purchase and $410,000- machine cost/installation.

The depletion quantity in 5 months was given. using ratio we extrapolate the depletion quantity was a full year as 1,152,000 QTY (12/5 X 480,000)

= 1,152,000 QTY the useful life of the mine is then calculated by dividing the reserve amount by the annual production of 1,152,000 = 4.448784 yrs

depreciation annually = divide cost of land by useful life = $1.059,840

5 months depreciation = 5/12  x annual depreciation = $441,600

depletion per ton is gotten as follows: divide $441,600 by 480,000 tons mined for 5 months = 0.92/ton depletion rate

Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Retail Division Wholesale Division Operating income $ 7,500,000 $ 4,000,000 Operating assets $ 37,500,000 $ 17,500,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?

Answers

Answer:

ROI = 20.90%

Explanation:

Operating Income:

= Operating Income of Retail Division + Operating Income of Wholesale Division

= $7,500,000 + $4,000,000

= $11,500,000

Operating Assets:

= Operating Assets of Retail Division + Operating Assets of Wholesale Division

= $37,500,000 + $17,500,000

= $55,000,000

ROI = (Operating Income ÷ Operating Assets) × 100

ROI = ($11,500,000 ÷ $55,000,000) × 100

ROI = 20.90%

Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $30 per share and the company’s underwriters charge a spread of 8 percent. If the SEC filing fee and associated administrative expenses of the offering are $575,000, how many shares need to be sold? (Do not round intermediate calculations and enter your answer in shares, not millions of shares, rounded to the nearest whole number, e.g., 1,234,567.)

Answers

Answer:

$2536.232

Explanation:

The spread in this case is 30*8% = 2.4  

A spread is simply gap between the bid and the ask prices of a security or asset, like a stock, bond or commodity and the net proceeds are the amount of money the seller receives following the sale of an asset after all costs and expenses are deducted from the gross proceeds.

The net proceeds in this case is 30-2.4 =27.6

To get the number of share we can simply divide the funds need by the net proceeds per share = 70000000/27.6  = $2536.232. Therefore the correct answer is $2536.232

The supply of money increases whena. the value of money increases.b. the interest rate increases.c. the Federal Reserve purchases bonds.d. velocity increases.

Answers

Final answer:

The supply of money increases when the Federal Reserve purchases bonds, as this practice results in banks having more cash, which in turn increases the money supply in the economy.

Explanation:

The supply of money increases when the Federal Reserve purchases bonds. In this scenario, banks get cash which then translates to an increased money supply in the economy. This is called an open market operation, which is one of the tools the Federal Reserve uses to influence the supply of money and ultimately interest rates. An increase in the value of money, interest rates, or velocity does not directly increase the money supply. Rather, these factors can affect the demand for money or the speed at which money circulates in an economy.

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Final answer:

The supply of money increases when the Federal Reserve purchases bonds, as this inserts more money into the economy. Value increase, interest rate increase, or increased velocity do not directly increase the money supply.

Explanation:

The supply of money increases when the Federal Reserve purchases bonds. This is part of monetary policy used by the Federal Reserve to control inflation and the economy. When the Federal Reserve purchases bonds, it essentially creates money and puts it into the economy, increasing the total supply of money. This is in contrast to when the value of money increases, the interest rate increases, or the velocity (speed at which money changes hands) increases which don't directly increase the supply of money.

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If the tax elasticity of labor supply is 0.16, by what percentage will the quantity of labor supplied increase in response to Instructions: In part b, enter your response as a percentage rounded to one decimal place. a. A $500 per person income tax rebate check? A 4.5% increase A 2% increase A 1.5% increase No increase b. A reduction of 5 percent in marginal tax rates?

Answers

Answer:

If every work receives a tax rebate of $500 per person income tax the quantity of labor supplied will not increase because the rebate is a temporary

A 4.5% increase in marginal tax  = 0.16 * 4.5 = 0.72  = 0.7 ( decrease in quantity of labor )

A 2% increase in marginal tax

= 0.16 * 2 = 0.32 = 0.3 ( decrease in quantity of labor )

A 15% increase

= 0.16 * 15 = 2.4 ( decrease in quantity of labor )

No increase = 0.16 = 0.16 ( quantity of labor supplied remains unchanged )

A reduction of 5%

= 0.16 * 5 =  0.8 ( increase in quantity of labor )

Explanation:

Tax elasticity of labor supply = 0.16

What percentage will the quantity of labor supplied increase in response to

A) $500  per person income tax rebate

percentage change in quantity supplied = (tax elasticity of supply) * (percentage change in tax rate ) If every work receives a tax rebate of $500 per person income tax the quantity of labor supplied will not increase because the rebate is a temporary measure and does not have an effect the tax rate in the long run.

B) A 4.5% increase in marginal tax

change in the quantity of labor = tax elasticity * increase marginal tax

                                               0.16 * 4.5 = 0.72  = 0.7 ( decrease in quantity of labor )

A 2% increase in marginal tax

= 0.16 * 2 = 0.32 = 0.3 ( decrease in quantity of labor )

A 15% increase

= 0.16 * 15 = 2.4 ( decrease in quantity of labor )

No increase = 0.16 = 0.16 ( quantity of labor supplied remains unchanged )

A reduction of 5%

= 0.16 * 5 =  0.8 ( increase in quantity of labor )