QUESTION 9 A seasonal index is calculated by dividing the _________. current season by the previous season previous season by the current season current season by the average of all of the seasons highest value season by the lowes
Q: 2. What is a compensating wage differential? Discuss whether or not we observe such differentials in…
A: A remunerating or compensating wage differential relates to an expansion pay that is provided to…
Q: "Product may be an idea, a physical entity or a service or any combination of the three." a.…
A: The process of economic production is an activity that is carried out under the supervision and…
Q: What is the difference of International Monetary Fund and the World Bank in terms of roles?
A: The difference between International Monetary Fund and the World Bank in terms of roles can be…
Q: In the Neo-Classical macro model, a decrease in the money supply will O Decrease the price level,…
A: Answer is given below
Q: Derive a mixed strategy Nash equilibrium (MSNE). What is the proportion of Hawks and Doves? If the…
A: Nash equilibrium: It refers to the game in which different players interact. It helps in determining…
Q: Disintermediation The cutting out of marketing channel intermediaries by product or service…
A: The process of removing the financial middleman from a transaction is known as disintermediation.It…
Q: COVID-19 Lockdown Price Freeze You have been appointed as the Marketing Manager of Makro, Massmart…
A: The covid-19 epidemic was an unexpected turn of events in world history.Such incidents occur only…
Q: Use the graph to answer the following question. Computers 99 65 Textbooks What is the opportunity…
A: From the given production possibility frontier graph At point A: 39 textbook and 7 computers are…
Q: 1) Explain what factors cause shifts of the aggregate demand curve in the open economy model.
A: 1)
Q: Explain the key factors contributing to increased global trade.
A: Global trade refers to the trade of goods and services taking place between different countries of…
Q: Limiting Market Power: Regulation and Anti-Trust Government regulates prices to prevent prices from…
A:
Q: Using i of 6.5%, compare the net present worth of the net expenditures for the two proposed plans…
A: Annual worth or AW is referred to as the easy way of understanding the annual amount, for instance,…
Q: Critically evaluate frameworks for measuring intellectual capital and further elaborate on aspects…
A: Scholarly capital alludes to the worth of an organization's aggregate information and assets that…
Q: Consider an economy described by the Solow model with the following production function: Y = F(K, L)…
A: Disclaimer: First three sub-parts are answered below.
Q: Briefly explain what is meant by elasticity of demand and its uses and the factors that influence…
A: Elasticity is used to determine by how much the quantity demanded or supplied changes due to the…
Q: Argentina can produce 150 pounds of beef or 20 cars; in contrast the United States can produ pounds…
A: Every decision involves an opportunity cost. In order to consume more of one good, the other has to…
Q: Uberya Towing Services repair vehicles that break down at an average 7.5 vehicles per day. The…
A: Cost is a sort of expense that occur while procuring any good or service. In this question we are…
Q: What is the Related Diversification of Alibaba Group: The Rise of a Platform Giant?
A: Alibaba is a Chinese multinational technology corporation focusing on e-commerce, retail, the…
Q: Explain the Sarbanes-Oxley Act of 2002?
A: Sarbanes-Oxley Act is enacted on July 30, 2002.
Q: Question 4 The three basic arguments that support employment at will include all of the following…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: The table shows total cost and total revenue information for a perfectly (or purely) competitive…
A: In perfect competition there are large number of firms selling homogeneous goods.
Q: Given a consumer has a money budget M = 90 and utility function ? ( ? , ?) = ? 1/4? 1 / 2 If she…
A:
Q: 1. Explicit and Implicit Costs Juan and Julia contributed $50,000 of their own money to the company…
A: Explicit costs are normal business expenses that appear in the general ledger and have a direct…
Q: 2) Explain the macroeconomic effects of a tax cut according to the Ricardian Equivalence…
A: According to Ricardian equivalence, people are forward-thinking and believe in consumption…
Q: Use the chart to answer the following question. Characteristics of Market Structures Barriers Number…
A: Market structure basically refers to a term used in economics to explain how businesses are…
Q: 60. Over the course of an economic expansion or boom we typically see GDP growth that is the…
A: GDP(gross domestic product) is the sum total of value of final goods/services produced in an economy…
Q: Let 0 =AK"L!-a be a production function. The average product of factor L (labour force) is equal to:…
A: Given Q=AKαL1-α ..... (1) We have to find an average product of labor
Q: What is the effective cost of a combination of an 80% mortgage at 3% and a second mortgage (for 10%…
A: The interest rate is the quantity a lender costs a borrower and is a percent of the principal—the…
Q: Microsoft selling Excel and Word together while allowing customers to buy the two products…
A: There two products by a single firm and firm can sell them together or separately.
Q: Explain, using examples, why financial crises have different causes in emerging economies compared…
A: Developed economy: An economy is considered to be a developed one where exist a sovereign state with…
Q: Determine the present equivalent value (PW) of the following cash flow when the annual interest rate…
A: We have We have to find a present worth PW
Q: Explain in detail why it would be okay for you, if you were a business in a purely competitive…
A: After analyzing different types of market forms, it can be seen that the widespread form of market…
Q: Using the model of demand and supply for bonds, explain the low-interest rate phenomena in Japan.…
A:
Q: Give at least 2 examples on how a firm profit from global expansion
A: The term global business alludes to any business that happens across worldwide boundaries. At its…
Q: USA Today noted that the destruction caused by three 2004 hurricanes, combined with the already high…
A: A demand curve is a graphic representation of the connection between the customer demand for a good…
Q: Which of the bank safety regulations enacted in the 1930s do you believe are most important in…
A: The bank is an institution that plays an important role between households and businesses.…
Q: Perfectly competitive firm Doggies Paradise Inc. sells winter coats for dogs. Dog coats sell for $72…
A: A perfectly competitive firm is a price taker, which means it takes the price determined by the…
Q: Which of the following statements is not true? a. Globalization is a process driven by international…
A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…
Q: For many decades, the Royal Mail had a legal monopoly in the U.K. Companies in the postal business…
A: Given information Minimum AC=£2 at Q=100 million deliveriesMinimum MC= £1 at Q=75 million deliveries…
Q: Economics 1. For your assigned country, provide the following statistics and answer the following…
A: Answer in Step 2
Q: cosity senaing inatrument coet S46.000 and has a $5.500 salvage value with a 7-years recovery period…
A: Given information, Machine cost = $47000 Salvage value = $5500 Recovery period = 7year Operating…
Q: Which one of the following statements is correct? O A. A rise in the price of a good will cause the…
A: Supply of the good is defined as the total quantity of the good supplied by all the producers in an…
Q: Various factors contribute to the negativity in the labour relationship. Briefly discuss these…
A: A negative labor relationship can prompt lessened performance and unfortunate worker resolve. Over…
Q: Objects with distinct shapes, colours, are called brand character. or patterns that are associated…
A: False - Brand Character is the set of human attributes and characteristics associated with the brand…
Q: If the economy goes into a recessionary gap, a) What will be the effect on the labor market? b) What…
A: Introduction Recessionary gap is the difference between real GDP and potential GDP. Here actual…
Q: se the Keynesian transmission mechanism to explain fully the impact of this increase in inflation on…
A: An economic situation where there is a sudden increase in prices is called inflation.
Q: Figure: Money Market I Interest rate, r TH Equilibrium Equilibrium interest rate Quantity of money…
A: The money market is a type of financial market in which institutions and dealers trade short-term…
Q: Andrew Carnegie's monopoly in steel was never as complete as John D. Rockefeller's monopoly in oil.…
A: In monopoly, there is a single seller of a product in the market with many buyers. Eqm output is…
Q: Mike's expected utility. (b) What is the maximum amount that Mike is willing to pay for auto insurar…
A: The expected utility theory is a famous idea in financial aspects that fills in as a kind of…
Q: (a) Stan and Ollie are two students who share a flat. Both of them prefer to liıve in à clean Ilal.…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
QUESTION 8
What is the main problem with using Executive Opinion as a
People under forecast so they can look when they exceed the goal.
One person can overrule everyone and set the goal alone
It is impossible to get all customer information to the executives
Executives tend to think they know more than anyone else
QUESTION 9
A seasonal index is calculated by dividing the _________.
current season by the previous season
previous season by the current season
current season by the average of all of the seasons
highest value season by the lowes
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- You are a member your company"s strategic planning group. Your company is in the business equipment sales and services field. You are tasked with the following: a. Using the National Income and Product Accounts, develop some benchmark measures of the overall economy and your business in order to provide a standard for judging performance. b. Distinguish between CPI and GDP deflator calculations and suggest which might be more appropriate for benchmarking your business-to-business pricing strategy. c. Employee recruitment is central to your company"s success. Distinguish between structural and cyclical unemployment. Explain how unemployment can vary between demographic groups and how this might influence your recruiting efforts. d. Since your company has operations in Europe as well as Asia, please provide some guidance on the differences in European and American labor markets that would impact your decisions on plant location, sales, and labor market hiring policies in these…Fast please thank you 27.Question 1 The below graph plots the daily prices of Gold over time. a) Examine the plot and describe the issues that may arise using this time series data for forecasting. Offer solutions to these issues. b) Offer a suitable forecasting method for this data. р об 600- 500- 400- 300- mm der demate my Marmar 200 - 400 600 Time 800 1000
- The questions are based on the following diagram: Percentage changes 35 30 25 20 15 10 5 0 0 1 2 3 4 5 6 Year --Variable 1 -Variable 2 --Variable 3 a. A decrease in variable 3 will cause a decrease in variable 2. b. An increase in variable 1 will cause a decrease in variable 2. c. An increase in variable 2 will cause an increase in variable 1. d. A decrease in variable 1 will cause an increase in variables 2 and 3. e. None of the above statements are correct.You are employed by the state bureau of economic development. There is a demand for a leading economic index to review past economic activity and to forecast future economic trends in the state. You decide that several key factors should be included in the index: number of new businesses started during the year, number of business failures, state income tax receipts, college enrollment, and the state sales tax receipts. Here are the data for 2000 and 2018. 2000 2018 New businesses 1,240 1,325 Business failures 600 496 State income tax receipts ($ millions) 185.2 220.8 College student enrollment 242,299 291,291 State sales tax ($ millions) 55.1 57.4 The weights you assign are: new businesses 15%, business failures 10%, income tax 42%, enrollment 13% and sales tax 20%. b. Compute the leading economic indicator for 2018. (Round your answer to 2 decimal places.) c. Interpret the indexes. (Round your answer to 2 decimal places.) Economic activity has (increased or decreased) _____%…Chapter 01 Homework Suppose that Rosa is a diligent hard-working first-year college student. One Sunday, she decides to start the day by working through 300 practice problems to study for the statistics class. Using a table to track her progress throughout the day, she notices that as the hours pass, it takes her longer to solve the problems. Time 7:00 AM 8:00 AM 9:00 AM 10:00 AM 11:00 AM Total Problems Solved 0 120 210 270 300 Use the table to answer the following questions. The marginal, or additional, gain from Piper's second hour spent working, from 8:00 AM to 9:00 AM, is The marginal gain from Piper's fourth hour spent working, from 10:00 AM to 11:00 AM, is problems. problems. The following week, Piper's statistics faculty advisor gives her some advice. In all their years of teaching they claim to observe that working on 105 multiple choice questions boosts a student's test score by about the same amount as spending an hour reviewing lecture notes. For simplicity, assume students…
- ■CASE STUDY THE PROPERTY MANAGER AS ECONOMIST-PLANNER After graduating from college with honors and a master's degree in eco- nomics, Charles Gill was hired by the local urban renewal authority in his home town of approximately 500,000 people. His responsibilities were in the areas of statistics, financial planning, and research. When activities of the urban renewal authority began to wind down upon completion of a major downtown redevelopment project, one of the directors, a businessman who had acquired some real estate investment property, hired Charles to manage one of his residential rental properties. The area's economy had slowed with the general downturn that occurred throughout the country and severely depressed the price of real estate in many areas, including property in Charles's town. In addition, a local defense factory had closed, leaving hundreds out of work. Charles saw there were suddenly many properties available that were priced far less than they had sold for just a…The table below is extracted from Happyland Republic, Bureau of Statistics records for 2019- 2020. Use the information in this table to answer the questions that follow. Base year 2019 Productio Items 2020 Productio Price Price n n Used cloth (units) 4,000 50.00 5,000 60.00 Components used tractor factory production (units) Cloth (units) 1,200.0 8,000 500.00 11,000 8,000 25.00 12,000 30.00 Beef gifts during cultural festival (Kg) Milk (litres) Computers (Units) Printers (Units) Raw materials for car assembling plant (Units) 1,500 2.00 1,700 3.00 5,000 2,000 500.00 500 300.00 4,500 250.00 1.30 7,000 2.50 2,500 600.00 400 355.00 4,450 300.00 i. Calculate Happyland Republic's nominal GDP, real GDP in 2020. Also, calculate the GDP deflator if 2019 is used as the base year. Show your work.46. 4G 11:25 Receipt of cash 1. Devising an Idea 8. 2. Making purchases (e.g. of inventories) Delivery of goods to customers Receipt of orders after completing producțion 3. Receipt of orders before commencing production 4. Completion of production Commencing production 5. Progressivaly throughout production The operating cycle (Source: AARF, ED 51B) Using the operating cycle provided above, identify in each case at what point in the operating cycle (1-9) the revenue should be recognised. Provide full justification and give basis for your choice. 1. A soft-drink manufacturer 2. A legal firm 3. A theatre that sells season tickets to musical productions 4. A gold-mining company 5. A company which sells houses on an instalment plan: term of payment extending to 20 years: buyers assume all risks of ownership: buyers pay a deposit of 25% pf the sales price 6. A contractor building a bridge for the government
- Part C: Using Price Indexes The following question has 5 parts (a.-e.), parts d. and e. will be revealed after submitting your answer by hitting "Verify" on the preceding sections. The following table shows a price index base 100 = 2012 in Canada for the four quarters of 1969. Quarter 1 2 3 4 Answer the following questions. Enter only the value, without the % sign or any other symbols. Price Index 15.341 15.581 15.711 15.88 a. What is the annualized rate of inflation between the first and the second quarter of 1969? Express your answer in percentage rounded to the nearest first decimal (use the exact formula). b. How do you interpret the index of the first quarter of 1969: The price level is percent lower than that of 2012. c. Suppose the average hourly wage was $11.33 in the fourth quarter of 1969. Calculate the real wage in dollars of 2012. Round your answer to the nearest second decimal.The table below is extracted from Happy land Republic, Bureau of Statistics recordsfor 2018-2019. Use the information in this table to answer the questions that follow. item base year 2015 2016 production price production price used car sales 5,000 2000.00 6,000 2,500 factories components sales 8,000 500.00 10,000 1200.00 cloth sales 8,000 20.00 14,000 35.00 beef sales 1,500 10.00 1,800 12.00 milk litres sales 5,000 1.30 6,000 2.50 computers sales 2000 500.00 2500 800.00 printers sales 500 300.00 400 355.00 raw materials for tractor assembling plant sales 4500 250.00 4450 300.00 i. Calculate Happy Land Republic’s nominal GDP and real GDP in 2016ii. Why does real GDP always defer from nominal GDP?The table below is extracted from Happyland Republic, Bureau of Statistics records for 2019-2020. Use the information in this table to answer the questions that follow. Items Base year 2019 2020 Production Price Production Price Used cloth (units) 4,000 50.00 5,000 60.00 Components used tractor factory production (units) 8,000 500.00 11,000 1,200.00 Cloth (units) 8,000 25.00 12,000 30.00 Beef gifts during cultural festival (Kg) 1,500 2.00 1,700 3.00 Milk (litres) 5,000 1.30 7,000 2.50 Computers (Units) 2,000 500.00 2,500 600.00 Printers (Units) 500 300.00 400 355.00 Raw materials for car assembling plant (Units) 4,500 250.00 4,450 300.00 1.Calculate Happyland Republic’s nominal GDP, real GDP in 2020. Also, calculate the GDP deflator if 2019 is used as the base year. 2.Double counting must be avoided when measuring GDP. State and examine four (4) transactions…
