Answer:
Your correct answer is B. Large volumes of eninty-relationship diagrams (ERD) with many different data
types that are prossesed at very high speeds.
Explanation:
PLEASE MARK BRAINLIEST!!!
Chevron placed several ads for its "We Agree" campaign placed ads stating its support for renewable energy, protecting the planet, and community development. This is an example of Multiple Choice competitive institutional advertisements. pioneering institutional advertisements. competitive product advertisements. advocacy advertisements. publicity announcements.
Answer:
The correct answer is Advocacy advertisements.
Explanation:
In general terms, for a potential customer or buyer (person, company, organization, government) to acquire or buy a product that he needs or desires (be it a good, service, idea, place, person or combinations of these), he needs before: 1) know of its existence, 2) feel persuaded to buy that product and 3) remember that it exists.
Therefore, if we want to get potential customers to buy an X product (which obviously has to be of good quality, meet needs or desires, have a price that customers are willing to pay and be available at the right time and place), It is essential to carry out a series of activities that adequately communicate to those potential customers the existence of that product, persuade them to buy it and then remind them that it exists. And all this is part of a marketing tool: THE PROMOTION.
During periods of expansion, automatic stabilizers cause government expenditures to rise and taxes to fall.a) trueb) false
Answer:
The answer is false
Explanation:
Expansions in the business cycle cause automatic stabilizers in the form of taxes to rise, and those in the form of government expenditures to fall.
An example of an automatic stabilizer is a progressive income tax scheme that adjusts to economic activity: rates rise when incomes are higher and economic activity is expanding, and rates fall when incomes are lower and economic activity is contracting.
Another example of an automatic stabilizer is transfer payments that increase when incomes are low in times of economic contraction, and decrease when incomes are high in times of economic growth.
In conclusion, the correct answer would be exactly the opposite: during periods of economic expansion, automatic stabilizers cause government expenditures to fall, and taxes to rise. Hence, the answer for this question is false.
Costs that do not differ between alternatives are ________.
A. considered irrelevant to the decision.
B. relevant to the decision.
C. considered opportunity costs.
D. important only if they represent a material dollar amount
Answer:
A. considered irrelevant to the decision.
Explanation:
The essence of decision making is to get best value considering the various elements of cost involved.
Cost that do not differ between alternatives are considered irrelevant to decision making as such cost (where necessary for project) will be incurred without a loss or gain in the amount spent. Opportunity cost refers to the cost of the alternative forgone but this question talks about cost that do not differ between alternatives hence option C is not right.
Cost are not only considered when they represent a material dollar amount rather they are considered on the basis of their importance to the project.
Therefore considering all the options, the right answer is A as Costs that do not differ between alternatives are considered irrelevant to the decision.
Lowden Company has an overhead application rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $61,000 and direct materials used cost $79,000. Determine the amount of overhead Lowden Company should record in the current period.
a) $49,375.
b) $38,125.
c) $79,000.
d) $126,400.
e) $61,000
Answer:
=$126,400.00
Explanation:
Overhead application rate: 160 per cent on direct material cost
Direct labor cost : $ 61,000
Direct materiel cost: $ 79,000
Overhead cost = 160 per cent of $ 79,000.00
= $79,000x1.6
=$126,400.00
In 2018, Gathering Company repurchased its own stock at a cost of $ 48,000. During the year, the company purchased land with cash for $ 124,000 and issued bonds payable for $ 375,000. Net cash provided by financing activities for the year would have been _________.
Answer:
$327,000
Explanation:
Stocks owned by the Gathering Company after repurchasing = $48,000
Cash paid for the purchase of land = $124,000
Amount of issued bonds payable = $375,000
Now,
Net cash provided by financing activities for the year would have been
= Amount of issued bonds payable - Stocks owned by the Gathering Company
= $375,000 - $48,000
= $327,000
When you take out a mortgage your home becomes the collateral. True or Fals
Answer:
The statement is true.
Explanation:
Mortgage is the long term loan which is issued by the financial institution like banks. These are those loans which are obtained or acquired for a large amount of finance required.
For example, an entrepreneur need a 50 million for the business expansion. Therefore, in this case, usually a house is worth the amount so it is offered as collateral security.
And if entrepreneur fails to make the payment to the lender that is bank, in that case, the bank has an option of claiming the ownership of the property. This result in seizing the mortgage collateral.
A particular brand of shampoo costs 6 Canadian dollars in Toronto. The nominal exchange rate is about 1.2 and the real exchange rate is .90 . These numbers imply that the U.S. dollar price of the same shampoo is about___________.
a. $7.99
b. $6.49
c. $5.39
d. $4.49
Answer:
The correct answer is D that is $4.49
Explanation:
The US dollar price of the shampoo is computed as:
Price in US = (Price in Canada × Real exchange)/ Nominal exchange rate
where
Real exchange is 0.90
Price in Canada is 6
Nominal exchange rate is 1.2
Putting the values above:
Price in US = (6 × 0.90) / 1.2
= 5.4 / 1.2
= $4.49 or $4.5
Which of the following statements is false?A. In a make-to-order environment, the forecasts tend to be for groups of products.B. If the lead time to buy raw materials is long, the forecasts go farther out into the future.C. In a make-to-stock environment, forecasts tend to be more detailed and can get down to specific individual products.D. All of the above statements are true.
Answer:
D) All of the above statements are true.
Explanation:
A. In a make-to-order environment, the forecasts tend to be for groups of products.
Make to order products are manufactured following the client's specifications. This type of product are not made one at a time, but are made in batches, e.g. 10,000 units of a certain door model.
B. If the lead time to buy raw materials is long, the forecasts go farther out into the future.
If you know that it takes longer to purchase raw materials or any other type of material, you must forecast the amount of material you will need for longer periods of time.
C. In a make-to-stock environment, forecasts tend to be more detailed and can get down to specific individual products.
Make to stock purchases are done to match your expected sales volumes, so if you estimate your sales of product Y to be 200 units, then you will forecast the purchase of 200 units of that product.
The fixed cost of Brendon Willows, a baseball bat manufacturing company, is $500,000 per year. The cost of wood and labor to manufacture one bat is $5. If the customers pay $25 to buy one bat, how many bats does Brendon Willows need to sell to break even?A. 20,000B. 25,000C. 100,000D. 150,000
Answer:
option (B) 25,000
Explanation:
Data provided in the question:
Fixed cost = $500,000 per year
Cost of wood and labor to manufacture one bat = $5
Selling price of the bat = $25
Now,
At breakeven, total cost equals to the total revenue
let the breakeven quantity be 'x'
thus,
$500,000 + $5x = $25x
or
$25x - $5x = $500,000
or
$20x = $500,000
or
x = 25,000
Hence,
the correct answer is option (B) 25,000
Paula owns a variety store in a tourist town. The store recently went online, and the response has been remarkable. The store’s current infrastructure is running close to capacity, so handling the influx of orders is taking much longer than it should.
Which of the following cloud computing services would make the most sense for the business?
a) Add another server to their infrastructure.
b) Use grid computing to process the orders across many servers.
c) Use cloud computing services.
d) Use the services of a utility computing provider.
e) Convert their existing servers to virtual services
Answer:
a) Add another server to their infrastructure.
Explanation:
Cloud computing service provides for access of various private or public clouds so that the storage of the information is sorted and there is no problem in storing such data and information.
Other than storage there are other services like, security and outside programming are also provided.
But in the given instance if the server is getting loaded with the data, and it can be solved by adding another server and that will maintain the privacy and security of data.
Thus, the best option will be to install another server.
Bob is looking for work afterschool, but everywhere he fills out an application, the managers say they always have alot more application than open positions. Tom has a law degree. Several firms have made him an offer, but he thinks he might be able to find andirm where his talents could be put to better use?
A. Bob is structurally unemployed, and Tom is frictionally unemployed
B. Bob and Tom are both frictionally unemployed
C. Bob and Tom are both structurally unemployed
Answer:
The answer is letter A.
Explanation:
Bob is structurally unemployed, and Tom is frictionally unemployed
When setting prices, the price floor is usually defined by ______ of producing and marketing the product.A. The total costsB. The total fixed costsC. The average variable costsD. The average total costsE. None of the above.
Answer: Option E - None of the above
Explanation:
Price floor is a situation whereby, the price to be charged falls above or below the market's force equilibrium price of supply and demand. This can be government or group imposed price, price floor has to be above the equilibrium price for it to be effective.
ABC’s investment managers buy an assortment of stocks and bonds or other investments and then repackage them into different products investors may wish to purchase. The company then sells shares of their ________ to interested investors.
Answer:
mutual funds
Explanation:
Mutual funds are made up of a pool of money from different investors and that money is used to buy securities, stocks, bonds, etc. The mutual fund manager decides on what the mutual fund will invest. The mutual fund's portfolio has to be structured to match the investment objectives of the fund. Mutual funds are usually considered safe investments since a large portion of their funds comes from employer sponsored retirement plans.
According to the sticky-price model, other things being equal, the greater the proportion s of firms that follow the sticky-price rule, the ______ the ______ in output in response to an unexpected price increase.
a. greater; decrease.
b. smaller; increase.
c. greater; increase.
d. smaller; decrease.
Answer:
The correct answer is c. greater; increase.
Explanation:
The models follow one another by altering the assumptions about the flexible or rigid nature of the prices determined in the different markets.
• Flexible price: the price varies, increasing when there is excess demand and decreasing when there is excess supply.
• Rigid price: it does not follow the logic of the mentioned variation because it responds to other factors or because although it varies according to the logic described above, it does not do so sufficiently for the market to balance instantly. (IMP .: do not confuse rigid price with constant price).
Daniel and Annie signed a contract providing that Daniel would lend $50,000 to Annie's craft beer business at an interest rate of 8 percent. During negotiations, Daniel and Annie agreed that the interest rate would go down to 5 percent once she had sold 25,000 cases. This provision never made it into the contract. After the contract had been signed, Daniel agreed to reduce the interest rate to 6 percent once volume exceeded 25,000 cases. The contract had an integration provision but no modification clause. What is an integration clause?
Answer:
Explanation:
An integration clause is a form of restriction in a contract which establishes that only the terms and conditions of the agreement written down in the contract will be taken into account, leaving other factors or treatments previously agreed upon prior to the signing of the agreement invalid. In this case, the verbal agreement to lower the interest rate to 5%, as it is not written in the contract, is not valid. For this reason, Annie would be forced to accept the 6% that Daniel finally offers her.
_____ enable decision makers in different locations to participate in a group decision-making process. a. Enterprise management systems b. Electronic meeting systems c. Geographic information systems d. Database management systems
Answer: Electronic Meeting Systems.
Explanation: Electronic Meeting system as the name implies is a form of done on the Web where the participant are in different locations but communicate among themselves using a common online platform.
Electronic meeting systems breaks the distance barrier thereby enabling people miles apart to rub minds and brainstorm on issues they share in common.
Bank A has a higher ROA than Bank B. Both banks have similar interest income to asset ratios and noninterest income to asset ratios. We know that
I. Bank A has a higher profit margin than Bank B.
II. Bank A has a higher AU ratio than Bank B.
III. Bank A must have a higher PLL/OI ratio.
A) I only
B) II only
C) I and II only
Answer:
A) I only
Explanation:
We can conclude that bank A will be more profitable than bank B since ROA is a measurement of profitability, and if the banks are operating in a similar manner (both interest income to asset ratios and noninterest income to asset ratios are similar), then the bank with the highest ROA is the most profitable one.
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers. a. firms with unethical top executives b. poorly performing firms c. overvalued firms d. firms earning above-average returns
Answer: Option B
Explanation: In simple words, corporate governance refers to the set of rules and guidelines which are used for operating and managing an organisation. These rules are implemented so that all the actions of the organisation will be ethical and lawful so that no potential threats like lawsuit etc will occur in the future.
Thus, if the corporate control is as efficient as a governance device than any breach of rule will be easily detected ans strict actions would be taken against it. And chances of doing a breach is high for an organisation in which the top executives are unethical.
Hence the correct option is B .
Assume that Jack and Hal and Sophia enter into an agreement for the sale of the restaurant. Hal and Sophia get a loan from the Fourth National Bank to pay for it. When their first payment is due, however, they get a letter from Bank of North America stating that they bought the loan from Fourth National Bank. Which of the following is true?A. Fourth National Bank made a delegation.B. Bank of North America became an incidental third party beneficiary.C. Fourth National Bank made an assignment.D. Bank of North America became an intended third party beneficiary.
Answer:
C. Fourth National Bank made an assignment.
The correct answer is that Fourth National Bank made an assignment by selling the loan to the Bank of North America, transferring its right to receive loan payments to another entity.
When the Fourth National Bank sold the loan to the Bank of North America, what occurred was an assignment. This means that the Fourth National Bank transferred its rights to receive the loan payments to another party, the Bank of North America. In this scenario, the Bank of North America did not become an intended third party beneficiary, because its rights arose not from the contract itself but from a separate agreement with the Fourth National Bank to purchase the loan. An incidental beneficiary would not have rights in the contract; thus, the Bank of North America does not fit that category either. A delegation involves transferring duties, not rights, which is not the case here since the bank is not delegating its duty to make payments; it is transferring the asset, which is the right to receive payments.
According to salary, the average salary for a software engineer level III (a higher-level position in software design and implementation) in the Silicon Valley area of California is $108,244. However, Google pays its level III software engineers an average salary of $124,258. Why does Google pay a salary higher than the equilibrium salary for equivalent positions in the same area?
Answer:
Google acts according to the efficiency wage theory.
Explanation:
The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.
It pays higher-than-average salaries to its level III software engineers due to the specific benefits of working there, which could range from taking on challenging work, the company's reputation, or to compensate for the expectations of a high workload. The disparity arises as a part of strategic compensation strategy. Salary isn't solely determined by the 'market rate' but influenced by several factors including the value the employee adds to the business.
Explanation:The question pertains to the difference in salary given to level III software engineers between the average in the Silicon Valley area and specifically at . The disparity arises due to the specific conditions and benefits of working at , which warrant a higher salary level as part of their broader compensation strategy.
For example, may provide a higher salary to attract the best talent, or to compensate for their expectations of a high workload or a demanding role. Furthermore, reputation, prestige, and the satisfaction derived from working on challenging projects can also justify a higher salary. This is a common practice in wage differentiation, also seen in different professions like the wage disparities reported amid scientists in the U.S. and Canada.
In essence, the salary a company offers isn't defined solely by the regional 'market rate'. Several variables - including the firm's prestige, the complexity or demand associated with the role, company culture, and the projected value an employee adds to the business - can influence wage offers.
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A "foreign bond" issue is
a.one denominated in a particular currency but sold to investors in national capital markets other than the country that issued the denominating currency.
b. one offered by a foreign borrower to investors in a national market and denominated in that nation's currency.
c. for example, a German MNC issuing dollar-denominated bonds to U.S. investors.
d. both b and c
Answer:
d. both b and c
A foreign bond is when a foreign entity issues a bond in a local market and in local currency so for example if a Italian company issued a bond to borrow money from American markets, and the bond was issued in USA and it's currency was dollars then it would be classified as a foreign bond so in this case both B and C are correct because a German MNC issuing dollar denominated bonds is an example of a foreign entity issuing a bond in a local market denominated in local currency, and a bond issues by a foreign borrower to investors in national market and denominated in that nation's currency is also an example of a foreign bond
Explanation:
A foreign bond issue refers to a bond offered by a foreign borrower to investors in a national market, denominated in that nation's currency.
Explanation:A 'foreign bond' issue is option d, which means both b and c. It refers to a bond that is offered by a foreign borrower to investors in a national market and is denominated in that nation's currency. This could include, for example, a German multinational corporation issuing dollar-denominated bonds to U.S. investors.
Which is probably the most immediate and significant effect of database technology on accounting?
a. change in the nature of financial reporting
b. elimination of traditional records such as journals and ledgers
c. replacement of the double entry-system
d. quicker access to and greater use of accounting information in decision-making
Answer: quicker access to and greater use of accounting information in decision-making
Explanation: Database technology is used in accounting to easily carry out accounting calculations for income, expenses, and tax and also database technology helps to keep financial records of an organization overtime all done on a computer or the mobile application.
Database technology helps organization to easily access financial data stored on their database, which would have taken longer time using previous database storage methods.
An example of business-to-business sales is selling ________.
a) grocery items to grocery stores
b) automobile insurance to a pet shop owner
c) life insurance to a new parent
d) evening gowns to Oscar award nominees
e) a washing machine to a theatre company
Answer:
a) grocery items to grocery stores
Explanation:
Business -to -business (B2B) sales occur between different companies unlike Business to Consumer (B2C) sales that are between a company and a individual customers. To answer this question, you identify an option that shows that a wholesaler sells goods to a retailer who then sells to a customer which is supply of grocery items to grocery stores.
'Automobile insurance to a pet shop owner' and 'evening gowns to Oscar award nominees' are B2C. And 'a washing machine to a theatre company' is irrelevant
Business-to-business (B2B) sales typically involves sales between two businesses, so selling grocery items to grocery stores represents the most common example of such transactions.
Explanation:
An example of business-to-business sales is selling grocery items to grocery stores. This is because business-to-business (B2B) involves transactions between two businesses, instead of direct sales to consumers. For instance, a producer or wholesaler would sell grocery items to grocery stores, who in turn sell these items to individual consumers. Other examples listed, including selling automobile insurance to a pet shop owner or a washing machine to a theatre company might also be considered B2B sales, but they do not represent the more typical examples of wholesale trade involved in selling tangible goods to businesses.
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A flight route is served by American Airlines (AA) and Southwest Airlines (SW). Suppose American is the industry leader American will decide whether to raise airfares, and then Southwest will decide whether to match the price increase. What is the Nash equilibrium of the game?
a) The game does not have a Nash equilibrium.
b) American will leave fares unchanged and Southwest will leave fares unchanged
c) American will leave fares unchanged and Southwest will raise fares
d) American will raise fares and then Southwest will leave fares unchanged
e) American will raise fares and then Southwest will raise fares.
Answer:
The correct answer is b) American will leave fares unchanged and Southwest will leave fares unchanged.
Explanation:
The Nash Balance is a situation where individuals or players have no incentive to change their strategy taking into account the strategy of their opponents.
In the Nash equilibrium, the strategy chosen by each participant of a conflict or game is optimal, given the strategy chosen by the others. In other words, nobody will gain anything if they decide to change their strategy under the assumption that the other individuals do not change theirs.
It should be noted that under the Nash equilibrium the greatest gain is not necessarily obtained for all individuals or players as a whole. It is only true that each responds optimally to the strategy of others. In many cases, individuals would like to be able to reach another balance with higher profits but fail to do so because they face the risk of being betrayed.
Which of the following is a step in the control process? _______
A) implement TQM
B) compare work units to one another
C) establish standards
D) complete a job redesign
E) evaluate opportunities
Answer:
The correct answer is (C)
Explanation:
Controlling is one of the most significant elements of the executives. Its fundamental goal is to guarantee that an association's exercises are progressing as arranged. The initial phase in the control procedure is to set up standards against which results can be estimated. It is significant for directors to convey their organisations objectives, measures and targets as plainly as could reasonably be expected
Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range of different costs. Which of the following would be an example of an indirect cost?
a. Salary paid to factory workers
b. Cost of leather used to manufacture shoes
c. Electricity used to run its factories
d. Cost of machines to produce shoes
Answer:
c. Electricity used to run its factories
Explanation:
Indirect costs are expenses that cannot be assigned to a particular project or item exclusively. They are associated with various activities in an organization or a project. Indirect costs will mostly comprise overheads or fixed costs. Unlike direct cost that can be attached to a specific item, indirect costs are the general expenses.
The cost of electricity used to run factories cannot be associated with the store in Ambrosia solely. It may include costs from other centers or factories. The other option which consists of the cost of machines, cost of leather and salary for factory workers are directly related to shoe production.
Swifty, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $7,000. Swifty will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 1. 300 $5 2. 800 10 3. 300 15Determine the cost per CD for each group using the relative sales value method (round to 2 decimal places)
Group 1 _________
Group 2 _________
Group 3 __________
Answer:
Group 1 CD cost per unit = $2.50
Group 2 CD cost per unit = $5.00
Group 3 CD cost per unit = $7.50
Explanation:
Group 1 : 300 CDs x $5 per CD = $1,500
Group 2 : 800 CDs x $10 per CD = $8,000
Group 3 : 300 CDs x $15 per CD = $4,500
total sales price = $1,500 + $8,000 + $4,500 = $14,000
total cost of 1,400 CDs = $7,000
cost per CD relative to sales value = $7,000 / $14,000 = 0.5
Group 1 CD cost per unit = $5 x 0.5 = $2.50
Group 2 CD cost per unit = $10 x 0.5 = $5.00
Group 3 CD cost per unit = $15 x 0.5 = $7.50
For each of the goods below, identify the characteristics that describe each good. Note that each good will be characterized with two characteristics. Rivalrous is also referred to as rival in consumption. Consider only the immediate benefits and costs, not any externalities.
National Defense Excludable
Pay per view cable TV Nonexcludable
A Hot Pocket sandwich Rivalrous
Private classroom education Npnrivalrous
Pajamas
A unicycle
Goods are characterized as rivalrous or non-rivalrous and excludable or non-excludable. A Hot Pocket sandwich is rivalrous and excludable, national defense is non-rivalrous and non-excludable, and classroom education is typically excludable and can be either rivalrous or non-rivalrous. Pajamas and a unicycle are both rivalrous and excludable.
Explanation:In economics, goods can be classified along two main characteristics: rivalrous (or rival) and excludable.
Rivalrous goods are those that cannot be enjoyed by more than one person at a time without diminishing the supply. For example, a Hot Pocket sandwich is rivalrous because once someone consumes it, it's gone, and no one else can consume that same sandwich.
Excludable goods are those from which it is possible to prevent people from benefiting. For example, Pay per view cable TV is excludable because the provider can restrict access to those who have not paid for the service.
Non-rivalrous goods can be used by one person without preventing simultaneous use by others. National Defense is a classic example of a non-rivalrous good since one person's use does not diminish availability to others.
Non-excludable goods are available to all and cannot effectively exclude anyone from using them. Again, National Defense is non-excludable because it protects all citizens regardless of whether an individual has contributed to its provision.
Private classroom education is typically excludable, as only paying students can attend the classes. However, it can be either rivalrous or non-rivalrous, depending on the context. If the class size is limited and additional students are excluded from enrolling because the class is full, it is rivalrous. But if the class can accommodate more students without affecting the educational experience, it is non-rivalrous. For this example, if the class size is indeed limited, making it so one student's enrollment prevents another from joining, it will be rivalrous and excludable.
Items like pajamas and a unicycle are both rivalrous (since only one person can use them at a time) and excludable (owners can prevent others from using them).
The goods can be classified as follows: 1) National Defense: Non-excludable, Non-rivalrous. 2) Pay-per-view Cable TV: Excludable, Non-rivalrous, 3) Pay-per-view Cable TV: Excludable, Non-rivalrous, 4) A Hot Pocket Sandwich: Excludable, Rivalrous, 5) Private Classroom Education: Excludable, Rivalrous, 6) Pajamas: Excludable, Rivalrous and 7) A Unicycle: Excludable, Rivalrous.
National Defense
Excludable or Non-excludable?: Non-excludable. Everyone in the country is protected by national defense regardless of whether they have directly paid for it.Rivalrous or Non-rivalrous?: Non-rivalrous. One person's protection does not decrease the protection available to others.Pay-per-view Cable TV
Excludable or Non-excludable?: Excludable. You need to pay to access pay-per-view cable TV.Rivalrous or Non-rivalrous?: Non-rivalrous. One person's use of the service does not reduce its availability to others.A Hot Pocket Sandwich
Excludable or Non-excludable?: Excludable. You have to buy a Hot Pocket sandwich to consume it.Rivalrous or Non-rivalrous?: Rivalrous. If one person eats a Hot Pocket, it cannot be consumed by anyone else.Private Classroom Education
Excludable or Non-excludable?: Excludable. You need to pay tuition to attend a private school.Rivalrous or Non-rivalrous?: Rivalrous. Class sizes are limited, so if one person occupies a seat, it means fewer seats are available for others.Pajamas
Excludable or Non-excludable?: Excludable. You need to purchase pajamas to wear them.Rivalrous or Non-rivalrous?: Rivalrous. Only one person can wear a pair of pajamas at a time.A Unicycle
Excludable or Non-excludable?: Excludable. You must buy a unicycle to use it.Rivalrous or Non-rivalrous?: Rivalrous. Only one person can ride a unicycle at a time.Complete question-
For each of the following goods, identify whether they are excludable or nonexcludable and whether they are rivalrous or nonrivalrous: National Defense, Pay-per-view cable TV, A Hot Pocket sandwich, Private classroom education, Pajamas, and a unicycle.
Central Bank policy requires Northern Bank to hold 10% of its deposits as reserves. Northern Bank policy prevents it from holding excess reserves. If the central bank purchases $30 million in bonds from Northern Bank what will be the result?
A. Northern's loan assets increase by $30 million.
B. Northern's bond assets increase by S30 million.
C. Northern's net worth changes by $30 million.
D. the money supply in the economy decreases.
Answer:
A) Northern's loan assets increase by $30 million.
Explanation:
Northern Bank is required to hold 10% of its deposits as reserves but that requirement does not apply to money it receives by issuing bonds. The total amount of the money that Northern Bank got from issuing bonds can be used to give loans to their clients.
Generally deposits reserves are used to secure that the bank's customers will be able to get their money back whenever they want. Of course no one expects all the customers will want their money at the same time, that is why the reserve level is only 10%.
When the price level in the united states falls relative to the price level of other countries, what does it signify for US?
Answer:
Deflation
Explanation:
Deflation is a fall in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0%. So when we say the price level in the united states falls relative to the price level of other countries, this signifies that the united state is moving toward or going through Deflation.