Suppose someone argues that inflation is good for business (because businesses receive higher prices) and bad for individuals (who pay the higher prices). Is there any validity to that reasoning? Why or why not? 100 words APA Inflation can be…
Three years ago, you earned $2000 working as a lifeguard. You.depositsed the money in a bank that paidsimple interest of 4.75%. One of the other lifeguards with whom you work deposited the $2000 she earned in a different bank. Her…
Suppose theMPC is 0.9. There are no crowding out or investment accelerator effects. If the government increases its expenditures by $30 billion, then by how much does aggregate demand shift to the right? If the government decreases taxes by $30…
The short-run elasticity of demand for gasoline sold at gas stations is 0.20 and elasticity of supply is 1.00. If terrorism reduces supply by 5 percent, and gas were selling for $1.75 before terrorism, what would you predict would happen…
Scenario 1 (length: as needed) A cupcake store is located in a mall and is the only cupcake store in that mall. The demand schedule for cupcakes (per dozen) is given in the table below. If the marginal cost to…
You are an investor in small businesses, and you have three business plans on your desk. Choose one of the potential business owners listed. Explain why you think that would be the best bet for an investment.1. A recent college…
The process that a consumer goes through when they gather and analyze information related to purchases and investments is referred to as The process that a consumer goes through when they gather and analyze information related to... purchases and investments…
What effect should each of the following have on the demand for gasoline in a competitive market State what happens to demand. Explain your reasoning in each case and relate it to a demand determinant. a. an increase in the…
986111RR - BUSINESS CONNECTIONS 1. The goal in networking with other business owners is to A. find new investors for your business. B. discover how you can help one another. C. find out what the competition is doing. D. try…
One current economic issue facing the American government is ensuring people in danger of foreclosing on their homes can keep them. Explain why this issue is important DIRECT, IMMEDIATE ASSISTANCE FOR HOMEOWNERS, NOT A BAILOUT FOR IRRESPONSIBLE MORTGAGE LENDERS Over…