Suppose the following list of events describes all of the economic activity resulting from an increase in government spending. Suppose that at each step after the initial one, the marginal propensity to consume is 0. 75, and there are no taxes Step 0. The government spends $5,000 on meat to host a very large dinner for foreign diplomats.

Step A. The butcher takes the income daughter. Arned by selling the meat, saves some, and spends the rest on a wedding cake for his

Step B. The baker who produced the wedding cake saves some of her earnings and uses the rest to purchase beautiful candlesticks as gifts for all of her friends.

Step C. The local candlestick maker saves some of his revenue for retirement and spends the rest on building materials to improve his house.

Instructions:

Modify the settings in the interactive tool to represent this event. Then click "Spending Rounds" and use the table to answer the following questions. Round answers to the nearest cent, if necessary

1. How much does the baker earn for selling the cake? $

2. How much does the baker spend on candlesticks? $

Answers

Answer 1

1. The amount that the baker earns for selling the cake is $3,750 based on the butcher's marginal propensity to consume of 0.75 of his income ($5,000 x 0.75).

2. The amount that the baker spends on candlestick is $2,812.50 based on the candlestick maker's marginal propensity to consume 0.75 of his income ($3,750 x 0.75).

What is the marginal propensity to consume?

Economics defines the marginal propensity to consume (MPC) as the proportion of the income that a consumer spends on the immediate consumption of goods and services.

The marginal propensity to consume (MPC) is the opposite of the marginal propensity to save (MPS).  Both economic indexes describe how consumption or savings change, given some changes in income.

Data and Calculations:

Marginal Propensity to Consume = 0.75

Taxes = 0%

Government spending on meat = $5,000

Step A:

Amount spent by butcher on daughter's wedding cake = $3,750 ($5,000 x 0.75).

Step B:

Amount spent on the purchase of beautiful candlesticks by baker for producing the wedding cake = $2,812.50 ($3,750 x 0.75).

Step C:
Amount spent by the local candlestick maker on building materials to improve his house = $2,109.38 ($2,812.50 x 0.75).

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Related Questions

What Does It mean When A Girl Text You She Got That Super Soaker?

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aye j search tht up on urban dictionary

Universal Travel, Inc. borrowed $500,000 on November 1, 2015, and signed a twelve-month note bearing interest at 6%. Principal and interest are payable in full at maturity on October 31, 2016. In connection with this note, Universal Travel, Inc. should record interest payable in 2016 in the amount of:

Answers

Answer: 30000

Explanation: 6 % of 500,000 is 30000

Which type of persuasion approach involves encouraging a person to agree to a small favor or to buy a small item, only to later request a larger favor or purchase of a larger item?.

Answers

The foot-in-the-door technique is the persuasion approach that involves encouragment of person to agree to a small favor only to later request a larger favor.

What is the foot-in-the-door technique?

This is an approach that involves assuming to agreeing to a small request that increases the likelihood of agreeing to a second or larger request.

In conclusion, this persuausive approach is a technique majorly used by salespeople to persuade sceptical customers.

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Theo buys 500 shares of a KO for the lofty dividend. If KO pays a dividend of $1.20/share 4 times a year, how much are the dividend payments worth for the year?

Answers

Answer:

$2,400.00

Explanation:

The dividends per year will be dividends per share per year multiplied by 500.

Dividend per share per year

=$1.20x 4

=$4.80

Per year dividends will be worth

=$4.80 x 500

=$2,400.00

Cost allocation of an intangible asset is referred to as.

Answers

Answer:

cost allocation of intangible assets is called amortization.

Explanation:

cost allocation of intangible assets is called amortization.

Ryan is considering purchasing a used five year old hatchback with 75, 000 miles on it for $13,000. His main use would be commuting 20 miles to work each day. Which should he be most concerned about?

A) poor fuel economy

B) lack of cargo space

C) high annual depreciation

D) Factory warranty has expired

Answers

The major thing that Ryan should be worried about is the C) high annual depreciation.

Why should he be worried?

As cars are used more, they depreciate. This means that when a car is driven for more miles in a year, it depreciates more.

Ryan plans to drive about 40 miles to work and back everyday which means that in a year he would have driven thousands of miles. This will lead to a high depreciation.

In conclusion, option C is correct.

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This backbone of a culinary team is usually made up of which level of
employee?
A
None of these
B
Supervisory level
С
Entry level
D
Skilled level

Answers

Answer:

D. Skilled level

Explanation:

When it comes to the "Food Service Industry," the culinary team is divided into different groups. Talking about the level of skills, the backbone of the culinary team are actually the "cooks." Employees belonging to this team are expected to be skilled, especially when it comes to different cooking techniques. This also means that they have enough experience and are able to work in a team.

The "supervisory level" belongs to the chefs while the "entry level" belongs to those who wash the food or prepare them.

What example best describes the market structure of monopolistic

competition?

A. A farmers market features multiple stalls where farmers sell their

apples.

B. Several different restaurants compete for customers in a city

neighborhood.

C. A large company makes over half of the trains built in the country.

D. A city government owns and operates all waste management

services.

Answers

The answer choice which best represents an example of a monopolistic competition is; Choice B; Several different restaurants compete for customers in a city neighborhood.

What is Monopolistic competition?

Monopolistic competition as the name implies is a type of imperfect competition characterized by the fact that there are many producers competing against each other, although selling products that are differentiated from one another and hence are not perfect substitutes.

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Answer:

b

Explanation:

A seattle-based software firm, sysco, was growing rapidly and hiring frequently, but it primarily focused on campus recruiting at two washington universities, uw and seattle university. When one 45-year-old candidate did not get an interview after a phone screening, he went to the company’s website and noted all of the young people in charge, so he filed a lawsuit under the.

Answers

Answer: Age discrimination in Employment Act

Explanation:

Age discrimination in employment is the lawsuit filed by the individual.

What is Age discrimination in employment?

A United States labor legislation known as the Age Discrimination in Employment Act of 1967 prohibits employment discrimination against anyone who is at least 40 years old in the country.

Younger, less qualified workers gaining greater opportunities and promotions; older workers being unfairly let go and excluded from activities; and others presuming they don't comprehend technology are typical examples of ageism in the workplace.

Age discrimination occurs when a candidate or employee is treated less favorably due to their age. Age discrimination against those who are 40 years of age or older is prohibited by the Age Discrimination in Employment Act (ADEA).

You should be aware, though, that age discrimination lawsuits are extremely challenging to win and that the evidence supporting age discrimination is frequently more elusive than that supporting discrimination based on other factors, including race or gender.

Managers carefully select senior personnel whose expertise and qualifications warrant more pay than younger staff because the company may need to downsize. Older workers should be let go to reduce labor expenditures.

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#SPJ2

1. What arguments do Feingold and Heuvel offer in defense of Roosevelt?

2. What does Michael Beschloss mean when he describes Roosevelt’s response to the Holocaust as a "strange lapse?"

3. Why does David Wyman call it "the worst failure of his presidency"?

Answers

1. The arguments that these people put forward was to exonerate the president by saying the situation was beyond his control.

The argument that Feingold put forward

He argued that there were many situations that occurred that were beyond the capacity of Roosevelt's administration. These were

The determination to liquidate Jews by Berlin.The decision to rescue a minority in a foreign land that the US did not owe any responsibility.

The argument that Heuvel put forward

Heuvel sternly said that it was ironic to put any blames on Roosevelt because he was not the one that caused the holocaust.

According to him, no one had any backgrounds to fault him for what was being done by Hitler because he was not the cause.

2. What Michael meant was that it was not a common occurrence for the president to be silent on issues that are as pressing as this.

According to him, the president was a person that would speak up fast on serious world issues. He meant it was not in the character of the president to be late in issues of this sort.

3. Wyman called it the worst failure of his presidency because he refused to act for a long time during the extermination.

From what he said, the president only stepped in to save the Jews out of pressure.

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Skilled workers who cannot find desired higher paid jobs may choose to work in positions which require fewer skills and that are therefore lower paid. Firms who are pessimistic about the future may hire part-time workers instead of full-time workers. As a result, workers who would rather work full-time may only be able to secure part-time positions. These two situations are examples of .

Answers

When a skilled worker cannot find a higher-paid job but choose to work in positions requiring fewer skills with lower pay or a worker who would rather work full-time cannot secure such positions but secure only part-time positions, the situations are examples of underemployment.

What is underemployment?

Underemployment exists when workers do not get the positions that they have skills for but only get jobs requiring lower skills.

Underemployment can also exist when, for example, an engineer works as a customer service officer with less pay.  Another example is when a graduate works in a part-time role when she desires a full-time job.

Thus, these two scenarios describe examples of underemployment.

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_____________, fill in the blank, requires that sales associates be friendly, knowledgeable, and helpful.

Answers

It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.

What is Personal selling all about?

Personal selling  can be regarded as face-to-face selling where someone  who is the salesman tries to convince the customer in buying a product.

It serves as a promotional method by which the salesperson uses his or her skills to sell goods.

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Is money the root of all evil?

Answers

Answer:

No

Explanation:

the lo.ve of mone.y is a root of all kinds of e.v.il” or simply “for the love of money is the root of all e.vil.” Not m.oney itself, but the love of money. That's a key dis.tin.ction. Money itself is neither good nor e.vil.

hope it helps

:DD

Money isn’t, but the desire of it is. What it drives people to do, to go to a certain extent for money is the evil in money.

What is the government's goal when providing a company with a subsidy?
a) the government only provides subsidies to poor people.
b) to manage the control of dangerous products entering the marketplace
c) to increase their supply
d ) to manage their supply

Answers

Answer:

c) to increase their supply

Explanation:

A subsidy is an incentive or motivation from the government to private businesses or individuals. Subsidies are usually in the form of cash, tax breaks, loans, or grants. The government gives subsidies to support production in the sector it wishes to promote.

Subsidies lower the cost of production to the business. Consequently, an entity increases its production quantities and can supply the market at lower prices. Subsidies, therefore, increase supplies in the market at friendly prices.

Modification of a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by

Answers

The modification of a company's business model is exemplified by Dell moving it's traditional internet based orders to orders over phone and fax.

What is a business model?

A business model simply means the plan of a company regarding profit making.

In this case, the modification of a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by Dell moving it's traditional internet based orders to orders over phone and fax.

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Timelines show events a. In order c. Sequentially b. Chronologically d. All of these Please select the best answer from the choices provided A B C D.

Answers

Timelines show events in order,  Sequentially and Chronologically as well. Option D is correct.

What are the timelines?

A timeline is a collection of a checklist of affairs in chronological order. It is normally a graphical design delivering a lengthy bar tagged with dates corresponding to it, and usually coincident events.

The timelines are arranged in a series, do it is called the Sequentially timelines.

Timelines are frequently operated in education to support students and investigators with comprehending the order or chronology of recorded occasions and tendencies for a topic.

Therefore, option D is correct.

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Answer:

Option D: All of these

Explanation:

Timelines will show events in: order, chronologically and sequentially.

Therefore, all are correct!

There are many – in a competitive market. Firms in this market sell very – products, and each firm also has – to the market. Each firm is also considered a price –.

Answers

There are many sellers in a competitive market. Firms in this market sell very similar products, and each firm also has free entry and exit to the market. Each firm is also considered a price taker.

What is a competitive market?

A competitive market is a market where there are buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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list at least 3 places where you can look for information about license and permits

Answers

Answer:

billing and safety department, public works, DMV, and city license office.

Compile a job advertisement for a receptionist vacancy.Advertisement should include the name of the business and the title of the job advertisement

Answers

Answer:

Receptionist (Full-time).

Explanation:

Phetoloportia Communications Inc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.

We are recruiting to fill the job position below;

Job Title: Receptionist.

Location: Miami, Florida.

Job ID: 010345

Employment Type: Full-time.

Minimum Requirements:

High School diploma, GED, or equivalent preferred.Minimum of 2 years experience. Proficient in English (oral and written). Excellent knowledge of MS-Office.

Application Closing Date:

1st of November, 2020.

How to Apply

All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 010345) to phetoloportiaatpci.com

Taxes on products that have been deemed unsafe or undesired (alcohol and tobacco) are called.

a regressive tax
a regressive tax

an import tax
an import tax

a sin tax
a sin tax

a progressive tax

Answers

Taxes on products that have been deemed unsafe or undesired (alcohol and tobacco) are called sin tax.

What is tax?

Tax is when the government levies a certain percentage on certain goods and services. Taxes increase the price of goods and services.

Sin tax is a tax levied on goods that are deemed unsafe. Its purpose is to discourage the consumption or use of these unsafe products.

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(03.04 LC)

The greatest goal in advertising is to convince us

"wants" are unnecessary
the firm has the best price
a particular product is a "need"
the product is the same as other firm's products

Answers

Answer:

c

Explanation:

One of the reasons a firm carries inventory is to ______, that is, to achieve constant output and use inventory to meet overly high requirements during seasonal periods.

Answers

Firms do carry inventory in order to have smooth production requirements and to achieve constant output .

What is an Inventory?

Inventory serves as those goods and materials that a business holds so they can resale or production or utilisation purpose.

inventory can be used to meet overly high requirements during seasonal periods.

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Will give brainliest! Please help, it doesn't have to be long either.

#1 Title page. Your research paper must include a title page. Include the career title, your name, and the date on separate lines centered both vertically and horizontally on the page.

#2 Introduction. Introduce the career providing a description of the career being researched.

#3 Tasks. Describe five tasks performed in this career.

#4 Skills. Describe five skills employees must have to perform the tasks of this career.

#5 High school preparatory courses. Describe five high school courses that might prepare you for employment in this career.

#6 Educational preparation Describe any or all education beyond high school graduation required to acquire this career.

#7 Tools. Describe five tools employees use while performing the tasks of this career.

#8 Employment attire. Describe how employees would dress when employed in this career, including any required safety clothing even if the safety equipment is worn only occasionally.

#9 Employment hazards. Describe any potential workplace hazards in this career.

#10 Personal aptitudes. Describe five personal aptitudes that would be beneficial to be employed in this career.

#11 Workplace environment. Describe the workplace environment typical for this career. Include employment-related travel if required in this career.

#12 Salary and employment statistics. Report estimated annual salary, number of individuals employed in this career in 2008, and projected employment in this career for 2018.

#13 Closing statement. Include information that you discovered while researching the career. Identify both positive and challenging characteristics of the career.

Answers

my cousin is a pharmacist

pharmacist

a pharmacist prepares medicine for patients given by doctors

5 tasks

pharmacists:

1. count pills

2.prepare liquid medicines/solutions

3.often run a pharmacy store like walgreens/cvs like do accounting from the cash register/accounting books

4.often help patients talking to insurance companies, doctors and drug companies should there ever be a problem with the medicine

5.have knowledge of medicine like which medicines cant hurt people with certain diseases

High school preparatory courses: biology, chemistry, anatomy, math, english

education beyond high school graduation: pharmacists have to go to colleges that offer a pharmacy bachelors degree like st johns and long island university

Employment attire: they wear a white lab coat. sometimes gloves

Employment hazard: mixing wrong chemicals by accident can cause damage to the health

Personal aptitudes: patience (especially when dealing with old and child patients), diligence ( they often open early and close late) , detail oriented (money counted has to match money in the accounting books and cash register), they have to be in good shape because they often have to stand , professionalism ( they are counted by doctors and patients to do the job right)

Workplace environment: they usually work in a pharmacy or a big store like cvs. theyre workplace is elevated, secure and often in the back of the store

Salary : many pharmacists make 80,000 a year

positives: helping people

challenging : often have to be on your feet

Financial aid letters from institutes of higher education show your yearly aid and costs for attending. This means that you will need to

Answers

Financial assistance letters from institutes means that you will need to re-apply for aid each year.

What is financial aid?

Financial aid can be defined as a financial assistance  granted to a student so as to enables the student pay for their education.

Financial aid is important as it help to cover college student tuition and education expenses.

Based on the given scenario for a student to be qualify for financial aid such student need to re-apply for the aid every year.

Inconclusion this means that you will need to re-apply for aid each year.

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Two characteristics of an autocratic and democratic leadership style

Answers

Answer:

You have a highly structured working environment.

You dictate all the working methods and processes.

Explanation:

PLEASE MARK ME AS BRAINLIEST

What happens to PRICES during a PEAK in the Business Cycle?

Answers

The prices can use for study and others.But,you need to save carefully.

A small business named BigBikes, Inc. has hired you to evaluate their wireless network security practices. As you analyze their facility, you note the following:________.
• They use an 802.11a wireless network.
• The wireless network SSID is set to BWLAN.
• The wireless network is not broadcasting the network SSID.
• The wireless network uses WPA2 with AES security.
• Omnidirectional access points are positioned around the periphery of the building.
Which of the following would you MOST likely recommend your client do to increase their wireless network security?
A. Enable SSID broadcast.
B. Change the SSID to something similar to BigBikeInc.
C. Configure the wireless network to use WEP security.
D. Implement directional access points.

Answers

Answer:

Implement directional access points.

Explanation:

Assume is it 2016. Can Presidential candidate Hillary Clinton run a paid search campaign and have her ad triggered when someone types in ""Donald Trump?"" What is Hillary wanted her ad triggered when someone typed in ""Tiffany diamond wedding rings?""

Answers

No, this is illogical because the main aim of political campaigns is to gain the upper hand against her political rivals and not to get notified when someone searches for her political rival.

What is a Political Campaign?

This refers to the organized effort among members of the same political ideology to try and influence the decision-making of the electorates before the elections.

Hence, we can note that political campaigns run high on opinion polls which is the public perception of the candidates and this is where the political candidates would focus their ad campaigns on and not on snooping on each other.

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What things receive a Priority Level B?

Answers

Answer:

How to prioritize your tasks (and your time)

Capture everything on a Master List and then break it down by monthly, weekly, and daily goals.

Separate the urgent from the important tasks with the Eisenhower Matrix.

Rank your daily tasks by their true priority with the Ivy Lee Method.

Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 150000 dollars. Assume the standard deviation is 38000 dollars. Suppose you take a simple random sample of 98 graduates.

(a) Find the probability that a single randomly selected policy has a mean value between 139252 and 141171. 3 dollars.

P(139252 < X < 141171. 3) =?

(Enter your answers as numbers accurate to 4 decimal places. )

(b) Find the probability that a random sample of size n=98 has a mean value between 139252 and 141171. 3 dollars.

P(139252 < M < 141171. 3) =?

(Enter your answers as numbers accurate to 4 decimal places. )

Answers

Based on the mean annual salary and the standard deviation, the following are true:

Probability of P(139252 < X < 141171. 3) = 0.0193.Probability that random sample has P(139252 < M < 141171. 3) = 0.0081.

What is the Probability of P(139252 < X < 141171. 3)?

= P ( (139,252 - 150,000) / 38,000) < Z score < P ( (141,171.30 - 150,000) / 38,000)

= P(-0.28 < Z < -0.23)

Using Z table:

= (1 - 0.5910) - ( 1 - 0.6103)

= 0.0193

What is the Probability that random sample has P(139252 < M < 141171. 3) ?

= P ( (139,252 - 150,000) / (38,000 / √98)) < Z score < P ( (141,171.30 - 150,000) /(38,000 / √98))

= P(-2.80 < Z < -2.30)

Using Z table:

= (1 - 0.9893) - (1 - 0.9974)

= 0.0107 - 0.0026

= 0.0081

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