The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means more goods will be imported from New Zealand.
Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.
With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.
Therefore, the correct answer is option D
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Answer:
Economics Semester Exam
THIS IS FOR CONNECTIONS ACADEMY!!!!
QUESTIONS MAY BE SWITCHED!!!
i got a 22/31 but these are 100% correct
1. water
2. the choice between the net profit of the new production schedule and the net profit of the old production schedule
3. The opportunity cost is the consumer's benefit from purchasing the computer.
4. traditional economy- culture
command economy- central
mixed economy- elements
market economy- price signals
5. Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.
6. revenue
7. a percent decrease in quantity demanded greater than 100%
8. The demand curve for cell phones would shift to the right, and the demand curve for instant noodles would shift to the left.
9. The firm should choose to produce 1,200 units of output.
10. Shares of public corporations are traded on stock exchanges.
11. Consumer cooperatives pool their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.
12. Money maintains purchasing power over time.
13. -The purchasing power currencies issued by state banks varied wildly from state to state.
-Monetary reserves decreased.
14. $75
15. interest
16. disability insurance
17. 255 million dollars
18. inflation or deflation
19. Unemployment as a result of people moving from one job to another.
20. Improvements to human capital leads to improvements in productivity and improvements in standard of living.
21. It would be a bad thing. Local governments typically get around one third of their total revenue from state and federal governments.
22. Medicaid is funded by state and federal governments and provides health coverage based on financial need. Medicare is a federal government health-care insurance program for people 65 years or older and those with certain disabilities under age 65.
23. The special interest group could donate money to the leader's re-election campaign, or it could talk favorably about the leader to the public.
24. No, because individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
25. The discount rate is the interest rate at which the Federal Reserve charges to financial institutions on loans issued at the discount window.
26. Enact contractionary monetary policies to decrease the money supply.
27. Country A has the absolute advantage and the comparative advantage in watch production.
28. Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.
29. Agricultural trade was improved across all member nations.
30. The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand
Explanation:
bounded rationality is an idea in behavioral economics in which individuals are limited in their ability to make decisions. this leads to outcomes that differ from the outcomes predicted by traditional economic theory. which of the following would best describe an individual limited by ""bounded rationality""?
Bounded rationality simply means an idea that has to do with the fact that people are limited in their ability to make decisions.
You didn't provide the options. Therefore, an overview of the topic will be given. Bounded rationality means the way individuals make decisions that is different from perfect economic rationality.
An example of bounded rationality is when ordering at a restaurant and the customer makes suboptimal decisions because the customer was rushed by the waiter.
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A country that imposes high tariffs encourages foreign-based companies to import goods A country that imposes high tariffs encourages foreign-based companies to import goods True False
It is false that a country that imposes high tariffs encourages foreign-based companies to import goods.
Tariff basically refers to a tax imposed on imports or exports of goods in the country by the Federal government.
Sometime, the tariffs are imposed to control the rate of importation into the country to prevent dumping.However, high tariff will lead to high cost of sales because the seller has to consider tax incurred.Therefore, it is false that a country that imposes high tariffs encourages foreign-based companies to import goods
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True or False: The purpose of a Sprint is to produce a valuable and useful Increment of working product.
Based on the business management system, it is True that the purpose of a Sprint is to produce a valuable and useful Increment of working products.
What are Sprints?Generally, Sprints is a brief, time-boxed period utilized by the scrum team to complete a set amount of work rapidly.
Sprint as a time-box of a month or less is used by working teams to enhance their working activities.
Hence, in this case, it is concluded that the correct answer is "True."
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What is an example of an interpersonal skill?
a) being highly self-motivated
b) being very disciplined
c) Being punctual
d) achieving goals
you are a member of a newly formed team that has been tasked with designing a new product. none of the team’s members have worked together previously and thus confidence is low. which of the following tactics would be most effective in promoting the team’s confidence in its capability to function successfully?
The tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to:
Jump right into a challenging task in order to figure out your team's capability.According to the given question, we are asked to state the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully.
As a result of this, we can see that when a team has a set task like designing a new product and the members of the team are yet to have worked together before, then the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to jump into a challenge immediately in order to find out the capability of the team.
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What is working capital?
Answer:
Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.
NWC is a measure of a company’s liquidity and short-term financial health.
A company has negative NWC if its ratio of current assets to liabilities is less than one.
Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.
High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.
Explanation:
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answer:
the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities
Structural unemployment results when the number of jobs is insufficient for the number of workers. True False
In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base their fees on?
Fees are directly related with the dollars advanced. Meaning as the dollars advanced increases, fees also increases and same goes as the dollars advanced decreases, fees also decreases. And therefore, using this same concept, we can say that payday lenders based their fees on the amount of dollar advanced.
According to the given chart, The relationship between the fees and dollar advanced is that Fees are proportional to the amount of money borrowed.
What is fees?Fees is defined as the amount of money that a person charges with the another person for the use of their services or any item, and the amount is based upon the agreement made between the parties.
As shown in the given graph, the amount of money advanced grows, so do the fees, and as the amount of money advanced grows, so do the fees.
Using the same logic, it can be said that payday lenders charge fees based on the quantity of money borrowed.
Therefore, The relationship between fees and dollars advanced, as seen in the graph, is that fees are proportional to the amount of money borrowed.
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what is the first step in creating the federal budget?
Answer:
The President Submits a Budget Request The president sends a budget request to Congress each February for the coming fiscal year, which begins on Oct. 1. 5
If unemployed workers decide to stop looking for a job and instead enroll in further education, how will the number of employed workers and the unemployment rate change
The number of employed workers will not change and the unemployment rate will decrease.
The number of employed workers will not change reason being that non was employed because the unemployed workers has enroll in further education. Hence the number of employed workers will remain the same.
On the other hand the unemployment rate will decrease or decline based on the fact that the unemployed workers are no longer looking or searching for job but has rather enroll in further education.
Inconclusion the number of employed workers will not change and the unemployment rate will decrease.
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On November 2, Kasdan Company has cash sales of $6,000 from merchandise having a cost of $3,600. The entries to record the day's cash sales will include:
Answer:
$3,600 credit to Inventory. (C)
Explanation:
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__________________ occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
Based on business organization management, Loss of Control occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
What is Loss of Control?Loss of Control is the term used to describe the situation whereby different units of the organization are performing tasks that benefits the units alone rather than a common goal.
Loss of Control can also be likened to a situation where individual workers find it hard to harmonize rules from different top management in the firm or company.
Loss of Control usually occurs as a result of Decentralization.
Hence, in this case, it is concluded that the correct answer is Loss of Control.
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Research
independent organizations that fund product safety. Name the organization, how much money they make
Imagine that you are the mayor of your town. In an upcoming election, you would like the citizens to vote yes for a gambling establishment to locate in your town. Prepare a short speech encouraging the people of the town to vote yes on your proposal. (8-10 sentences)
Answer:
Although Gambling is a bit of a controversial topic, there are many upsides to the activity. The biggest problem many see with gambling is the chance of becoming addicted. Addiction is a state of mind. If you feel that you would easy become addicted, don't partake. Gambling doesn't have to be an addictive activity. Just like any activity, it is designed for fun and gain. Of course, there will be instances where you will lose, however; it is apart of the sport. As long as you are careful, you will be okay. To encourage more activities in this town, please, vote yes.
Explanation:
Tennessee Co. conducts business in the United States and Canada. The net cash flows from Canadian operations are expected to be C$500,000 next year. The Canadian dollar is valued at about $.90. The net cash flows from U.S. operations are expected to be $200,000. To reduce the sensitivity of its net cash flows without reducing its volume of business in Canada, Tennessee Co. could:
Answer: purchase Canadian supplies
Explanation:
Large banks who take excess risk because they believe they will be bailed out by the government if they go bankrupt are often known as
Answer:
Too Big to Fail
Explanation:
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Discuss the value of technology in business.
Answer:
The vaule of technology in business is very important like the most important of the business because it help keeps tracks of things, save database, and it help the business grow.
1. Read the following data regarding payroll deductions, and answer the questions that follow:
Lydia: $9.50/hour, worked 20 hours this pay period
Thomas: $12.50/hour, worked 40 hours this pay period
Bruce: $8.50/hour, worked 30 hours this pay period
a. Using a spreadsheet program, create a payroll spreadsheet with the information above. Be sure to include proper headings.
b. Add a “Tax (%)” column. Apply a nested IF statement to the spreadsheet to determine the percentage of taxes that needs to be deducted. For someone who makes $9.00 or less an hour, the is 5%. For someone who makes between $9.01 and $12.00 an hour, the rate is 6%. For someone who makes more than $12.01 an hour, the is 7%.
c. Describe hour you generated this column.
The hours generated are:
Lydia - 20Thomas - 40Bruce - 30The Net Amount Payable are:
This is a function/formula within Microsoft Excel Spreadsheet that allows one to carry out conditional calculations such as the one explained in the question. Please see the attached spreadsheet.
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One way a local community might regulate a shared and limited resource and reduce the tragedy of the commons is to:
Division of the resources into parcels as well as assigning them to individuals serves as a way that local community usually follow in regulations of shared as well limited resource.
limited resource serves as term used to describe that the quantities of available labor as well as capital, land are finite.In order to regulate these resources, the local community can divide the resources into parcel so it will be able to easy for allocation.Another way is to assign this resources to individual one after the other.
Therefore, Division of the resources into parcels one way to share the resources.
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The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
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how long will the increase in food stamps last in alabama 2021
Based on the latest information released by the Alabama government, the increase in food stamps would last in 2021, "when the target of 500,000 children has been met."
Food Stamps in Alabama 2021As a result of the coronavirus pandemic, the state government of Alabama, like many other states government in the United States, is giving out food stamps to people.
However, the rolling out of these current food stamps will last until after the target has been met, which is "500,000 children."
The food stamps benefit totaled $180 million.
Hence, in this case, it is concluded that the correct answer is "when the target of 500,000 children has been met."
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Given the following information of a trader calculate the total current assets?
Motor van $3000
Prepaid rates $ 500
Debtors. $3000
Stock. $. 700
Accrued wages. $. 75
Equipment. $500
A. $ 4200
B.$ 5000
C.$2400
D.$3700
Answer:
A.
Explanation:
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The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.
Answer: uniqueness
Explanation:
The uniqueness of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.
Which of these is a characteristics of real estate?In business terms, real estate is an instrument of investment. Real estate has seven specific characteristics related to its economic impact or physical nature. They are scarcity, improvements, location, investment permanence, uniqueness, immobility, and Indestructibility.
What is the most important characteristic of real estate?Permanence of investment is also known as fixity and means investments in real estate are long-term. This is due to the physical characteristics of indestructibility and immobility. Since land is immobile, investment in property becomes fixed. Land cannot be moved if the market becomes better in another location.To learn more about real estate, refer
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during the holidays you pick up some toys at target. when the cashier asks you, "do you need any batteries for these?" she is using a technique called:
The technique used by the cashier is suggestive selling.
Suggestive selling is a selling method used when an employee suggests or recommends an additional good that would suit an item purchased by a customer. suggestive selling is also known as add-on selling.
The aim of suggestive selling is to increases the sales of a company.
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Damages that involve only a very small monetary award are called liquidated damages. a. True b. False
Answer:
b. false.
Explanation:
because it is presented in certain legal contracts as an estimate of otherwise intangible or hard-to-define losses to one of the parties. It is a provision that allows for the payment of a specified sum should one of the parties be in breach of contract.
what activities does marketing involve besides selling?
Answer:The activities involved in marketing are
Product and Service Selection. A manufacturer or service provider ideally listens to its customers and prospects before making product and service decisions.
Product or Service Pricing
Product Placement Activities
Incentives and Promotional Activities.
Explanation:
on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________
a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.
If you were running a company, describe at least two things you would do to improve its productivity. (1-4 sentences.)
Answer:
Two ways I would improve productivity would be to increase labor and create incentives. By increasing labor, you'd have more opportunities to keep people at a specified area that they are competent in. If you were to create positive incentives for the workforce, people are more likely to work harder and increase the company's productivity.
Explanation:
A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
6. Which of the following could cause a change in the demand curve?
A. There is a change in price.
B. There is a change in quantity.
C. There is a change in the population consuming the good.
D. None of the above.
Answer:
I think that there will be change in the population consuming the good because the goods are sold according to population who consumes it.The goods are sold according to the people .If there will be a lot of population consuming the good then the business can grow rapidly . But if there will be less population then people cant sold much goods.