Car dealers are financed by automobile manufacturers, and walmart receives financing from its wholesalers and manufacturers. what marketing functions do such activities perform?

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Answer 1
Car dealers are financed by automobile manufacturers, and walmart receives financing from its wholesalers and manufacturers.Standardization marketing functions do such activities perform.

Related Questions

It seems quite possible that cigarette companies concealed information about the effect of smoking on health, causing cigarette prices to be __________ and cigarette sales to be __________ than would have been the case under symmetric information. higher; higher higher; lower lower; higher lower; lower

Answers

i think the higher and then lower

Answer:

higher; higher

Explanation:

Tobacco and cigarettes companies actively enclosure or hid information from the public on the consequences and problems to the health that smoking had this was in order to keep their prices high and their sales high as well, they were affraid that if people would figure out the harm that the cigarettes do to the lungs and organism in general they´d stop smoking, nowadays there is even information and pictures of those diseases in cigarette packs and people keep smoking.

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs? A $200 B $500 C $700 D $900

Answers

c 700 because its your deductible that's how much you will have to pay in order for the insurance comp to make money

Answer

Maximum amount you will have to pay out-of-pocket for a car accident be $700 .

Explanation:

Definition of deductible

Deductible is the amount paid by the policy holder before an insurance company will pay any expenses.

Therefore $700 be the maximum amount you will have to pay out-of-pocket for a car accident before your insurance covers your costs .

How would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold? question 2 options:
a.the demand for smartphones would increase
b.the price of smartphones would rise by $5.00.
c.the supply of smartphones would decrease
d.the demand for smartphones would decrease?

Answers

how would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold ? C) The supply of smartphones would decrease. Excise taxes are based on the quantity of an item and not on its value. For example, the federal government imposes an excise tax of 18.4 cents on every gallon of gas purchased, regardless of the price charged by the seller. States often add an additional excise tax on each gallon of fuel. so, government will charged 5.00$ excise tax on smartphone will affected supply of smartphones would decrease.

When we think of successful music entertainment groups of the past sixty years, the beatles™ almost always appear in the top 5! in the early days, the entertainment group's life cycle could have ended as so many other rock groups do—here today, gone tomorrow. the four musicians were definitely creative and passionate about their craft and genre of music. as the informal leader of the group, john lennon _____________ the others to make important compositional contributions. all four members had the opportunity to create musical compositions and receive copyright credit for their contributions?

Answers

I would say that John Lennon inspired the other 3 beatles to make important compositional contributions and thus continue to create popular music to build on the excellent reputation they already had in the music business and with their fans. 

How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position?

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The employee can rationally discuss the decision and how they feel about it with the superior. Try to avoid conflict and try to use statements such as “ I think” or “ I believe” then back it up by facts. If you use those statements it leaves “wiggle room” so you’re not wrong. If you say that something is and it isn’t than they’re going to dismiss you as wrong.

An employee can override his superior's position by sticking strictly to the business ethics and thereby backing with his viewpoints based upon true facts.

Business ethics shall always have a superseding effect on any of the decision taken by the top level management, even if the lower management is not in position to raise voice.

An employee may have his say before the final judgement is made and try to convince his/her superior to give him/her a reasonable opportunity of being heard.

An employee may try to get away from any discussions that might lead to disputes between the employee and the employer or the superior level management.

Every part of such explanation must be only based upon facts and in favor of the organization which will be best in the interest of the organization as a whole unit and hamper the growth.

Hence, the employee should keep his viewpoints in front of the superior level management with discussions based upon facts and must not try to conflict self-interest with any agenda.

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Which of these innovations would not qualify as a dominant design? a. The two wheeled diamond frame bicycle b. Direct online insurance via the Internet c. The petrol driven internal combustion engine d. The 5 string bass guitar

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The best answer for this question would be:

d. The 5 string bass guitar

 

This innovation is not a dominant design because it has already been done, and that the attempt of this 5-string would result in a musical failure.

Final answer:

Among the given options, d. The 5-string bass guitar would not qualify as a dominant design because, unlike the other options, it did not become a widely adopted standard nor significantly changed its industry.

Explanation:

The concept of a dominant design refers to a technology, product layout, or method that becomes the accepted market standard, supporting compatibility and improved performance. A dominant design typically emerges when it proves to be more efficient or beneficial to the market than competing designs, leading to widespread industry adoption.

To answer which of these innovations would not qualify as a dominant design, we should look for an innovation that did not become a widely adopted standard that led to significant industry convergence. The two-wheeled diamond frame bicycle (a), direct online insurance via the Internet (b), and the petrol-driven internal combustion engine (c) all represent innovations that saw widespread adoption and changed their respective industries significantly. In contrast, the 5-string bass guitar (d) did not become a standard to the same extent as the others. While it found a niche within certain music genres, it did not redefine the instrument category as a whole or lead to mass convergence around its design.

Therefore, the innovation that would not qualify as a dominant design among the options provided is d. The 5-string bass guitar.

The marginal propensity to consume plus the marginal propensity to save is

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The marginal propensity to consume plus the marginal propensity to save equals 1. Because consumption expenditure and saving exhaust disposable income, 0.9 of each dollar increase in disposable income is consumed and the remaining part (0.1) is saved.
Final answer:

The marginal propensity to consume plus the marginal propensity to save equals one.

Explanation:

The marginal propensity to consume (MPC) plus the marginal propensity to save (MPS) equals one. This is because MPC and MPS represent the proportions of additional income that are consumed and saved, respectively.



For example, if the MPC is 0.9 (meaning 90% of additional income is consumed), then the MPS would be 0.1 (meaning 10% of additional income is saved).



This relationship between MPC and MPS is important in understanding how changes in income impact consumption and saving behaviors.

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Nursing faculty at walnut valley community college must possess a​ master's degree in nursing from a regionally accredited college or​ university, a registered nursing​ license, and a minimum of 4 years of​ directly-related work experience. these requirements would most likely be stated on the​ _______ for this position.

Answers

I would say that these conditions would most likely be stated on the requirements or prerequisites for this position so that the prospective employee will know clearly what credentials and experience they must have to ensure it is worth their while to pursue this job opportunity.

For the current batch size of 100 wafers, how long would it take to produce 50 wafers? assume that the batch needs to stay together during deposition and patterning (i.e., the firm does not work with transfer batches that are less than the production batch). however, the 50 wafers can leave the process the moment all 50 wafers have passed through the etching stage. recall that a setup can only be started upon the arrival of the batch at the machine.
c. for what batch size is step 3 (etching) the bottleneck?
d. suppose jcl inc. came up with a new technology that eliminated the setup time for step 1 (deposition), but increased the processing time to 0.45 min./unit. what would be the batch size you would choose so as to maximize the overall cap

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c. if batch size is B, then activity time of step 3 is 20 + 0.20B which is always lesser than the activity time of step 2, 30 + 25B for a positive value of B. Hence step 3 can never be the bottleneck.

d. Under the new technology, the process capacity of step 1 is no longer dependent on batch size and is equal to (1/0.45 min/unit) * (60 min/hr) = 133.33 units/hr. This is clearly the maximum overall process capacity that can be targeted.

Given that step 3 can never be the bottleneck, the maximum overall process capacity of 133.33 units/hour can be achieved by choosing a batch size for which step 1 is the bottleneck. So if B is the batch size for which step 1 is the bottleneck, then we have B/(30 + 0.25B) >= 1/0.45. Solving for B, we get B >= 150

The time required to produce 50 wafers is the same as that for 100 wafers since the batch cannot be split and must complete all stages together. The bottleneck stage and the optimal batch size must be recalculated depending on the specific details of each production step, including any technology upgrades affecting deposition.

The question relates to the production process of semiconductors, specifically silicon wafers used in microprocessors and chips. Considering a batch size of 100 wafers and a fixed production line where the entire batch must go through a series of steps together, the time to produce 50 wafers depends on the stage at which those 50 wafers can exit the process. In this case, the wafers can leave after the etching stage. Therefore, the time taken would be the same as producing the full batch of 100 wafers, as the batch cannot be split and production stages must be completed for the entire batch before any wafers can exit.

In terms of identifying the bottleneck, the batch size where etching becomes the limiting factor in the production process needs to be calculated based on the details provided for each step in the overall production process.

With regards to advancements that impact the setup time for deposition and increase the processing time, the optimal batch size to maximize capacity would have to be recalculated considering these new parameters.

Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000 and has $9,000 in car loans. She has $8,000 in stock investments and $2,100 in a savings account. What is Lana’s net worth?

Answers

Net worth=total assets-total liabilities

Total assets
325,000+750+15,000+8,000+2,100
=350,850

Total liabilities
245,000+9,000
=254,000

Net worth
350,850−254,000
=96,850

Hope it helps!

Net worth = total assets - total liabilities

Your net worth is all of the non-financial and financial assets that a person or unit own minus all of the outstanding liabilities.

An asset is anything of value and a liability is all debt owed.

Total assets

325,000 (house) + 750 (guitar) + 15,000 (car) + 8,000 (investments) + 2,100 (savings)

=350,850

Total liabilities

245,000 (mortgage) + 9,000 (car loans)

=254,000

Net worth

350,850 − 254,000

=96,850

Butterfly tractors had $14 million in sales last year. cost of goods sold was $8.00 million, depreciation expense was $2 million, interest payment on outstanding debt was $1 million, and the firm's tax rate was 35%.
a. what was the firm's net income?

Answers

The net income is $1.95 million, this is how we calculate this;
Sales last year is $14 million
Goods sold cost = $8 million
Depreciation expense = $2 million and debt is $1 million.
So the amount left = $14 million - ($8million + $2 million + $1 million ) = 14 - 11 = 3 million
tax rate is 35 %, so 35% of 3 million = 0.35 x 3 = $1.05 million
Net income = $3 million - $1.05 million = $1.95 million

Professor hoffson maintains a very strict attendance policy in her introduction to business course at wayne college. for each unexcused absence, a student forfeits 10 points. this policy is consistent with _______ theory.

Answers

This policy is consistent with positive reinforcement theory.

Reinforcement can be divided into positive reinforcement and negative reinforcement. The positive reinforcement is when the reinforcement, in this case the 10 points, results in the behavior you are trying  to increases (the
attendance of the class).


If the government currently has a budget deficit, then
a. government expenditures are greater than taxes.
b. it does not necessarily have a debt.
c. its debt is increasing.
d. all of the above are correct.

Answers

Final answer:

The correct answer is d. all of the above are correct, since a government budget deficit typically means expenditures exceed tax revenues, it doesn't necessarily imply existing debt, although continuous deficits can lead to increasing debt.

Explanation:

If the government currently has a budget deficit, then:

Government expenditures are greater than taxes.

It does not necessarily have a debt.

Its debt is increasing.

All of the above are correct.

Therefore, the correct answer is d. all of the above are correct. A government budget deficit occurs when the government spends more than it collects in tax receipts, which can lead to an increase in national debt if the deficit is financed by borrowing. While a budget deficit pertains to a certain period (like a fiscal year), national debt is the cumulative total of all past deficits minus any surpluses.

It's important to note that a budget deficit for a particular year does not always mean that a government's overall debt is high, as the government might have surpluses in other years, or it might have funds from other sources. Furthermore, if the government continually runs deficits without having surplus years, the national debt will continue to grow. As debt increases, interest payments rise, which could expand the deficit if other government spending remains constant.

Hicks health clubs, inc., expects to generate an annual ebit of $505,000 and needs to obtain financing for $1,080,000 of assets. their tax bracket is 32%. if the firm goes with a short-term financing plan, their rate will be 6.5 percent, and with a long-term financing plan their rate will be 7.5 percent. by how much will their earnings after tax change if they choose the more aggressive financing plan instead of the more conservative? (amounts in parentheses indicate negative value.)

Answers

they were rich in resources and thinly settled

Twitterme, inc., is a new company and currently has negative earnings. the company's sales are $2,300,000 and there are 170,000 shares outstanding. if the benchmark price–sales ratio for the company is 4.4, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current stock price $ if the benchmark price–sales ratio for the company is 3.8, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current stock price $

Answers

Given:
company's sales are $2,300,000
170,000 shares outstanding.
if the benchmark price–sales ratio for the company is 4.4, how much will you pay for the stock?
if the benchmark price–sales ratio for the company is 3.8, how much will you pay for the stock?

Sales per share = Sales / Shares outstanding
Sales per share = 2,300,000 / 170,000
Sales per share = 13.529 or 13.53

Price per share with PS ratio

P = Benchmark PS ratio * Sales per share
P = 4.4 * 13.53
P =  $59.53

P = 3.8 * 13.53
P = $51.41

If the PS ratio of the company is 4.4, I'll pay $59.53 per share.
If the PS ratio of the company is 3.8, I'll pay $51.41 per share.

An error value begins with a(n) _____ followed by an error name that indicates the type of error.

Answers

An error value begins with a number sign (#) followed by an error name that indicates the type of error.
Green triangles are used by the excel to denote error indicators. Stop, warning and information are error alert types that are supported by excel.

A dinette table with cash price of $200 a $8.50 down and $11.00 per month for 24 months

Answers

Final answer:

The student asked for the total cost of a dinette table with a cash price of $200, a down payment of $8.50, and 24 monthly payments of $11.00. The total cost on the payment plan would be $272.50, showing that buying on the payment plan results in a higher overall price than the cash price.

Explanation:

The student is asking about a financial scenario involving the purchase of a dinette table on a payment plan. The cash price of the table is $200, with an initial down payment of $8.50, followed by monthly payments of $11.00 for 24 months. To calculate the total cost of the table when purchased on the payment plan, we need to add the down payment to the total of the monthly payments. This calculation is important in understanding financing and the total cost of an item when paid over time, as opposed to paying the full cash price upfront.

The down payment is $8.50, and the monthly payments total $11.00 x 24 months = $264.00. Adding the down payment gives us a total payment of $8.50 + $264.00 = $272.50. Therefore, buying the table on this payment plan will ultimately cost the buyer $272.50, which is more than the cash price due to the extended payment period.

Final answer:

The student is asking for the total cost of a dinette table purchased through installment payments. The calculation shows that the total cost will be $272.50, highlighting the increased cost due to finance charges when paying over time instead of upfront.

Explanation:

The student is asking how to calculate the total cost of purchasing a dinette table through installment payments. The cash price of the table is $200, and the buyer is required to make a $8.50 down payment and then $11.00 per month for 24 months. To determine the total cost paid over the 24 months, we can calculate it using the following formula:

Total cost = Down payment + (Monthly payment × Number of months)

So, the total cost would be:

$8.50 (down payment) + $11.00 (monthly payment) × 24 (months) = $272.50

It is important to note that the total amount paid will be more than the cash price of the table because of the finance charges that are typically included in installment plans. This illustrates a basic principle of consumer credit: over time, you'll pay more for an item when you buy it on credit rather than paying the full amount upfront. This is similar to the example provided where over 15 years, paying the minimum amount results in paying over twice as much in interest as the original $2,000 borrowed.

What is the final step of developing an effective marketing planning process (mpp)?

Answers

The final step of marketing plan process is the action plan in which it targets the monitoring and the allocation of resources; this final step is helpful in order to carry out the plan and strategies that is in detailed with the objective or goals.

Final answer:

The final step of developing an effective marketing planning process (mpp) is to synthesize the research findings and potential angles into a coherent plan.

Explanation:

The final step of developing an effective marketing planning process (mpp) is to synthesize the research findings and potential angles into a coherent plan. This involves analyzing the information gathered, identifying key insights, and formulating marketing strategies and tactics based on those insights. A graphic organizer, such as a table or chart, can help organize the findings and facilitate the synthesis process.

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Identify which principle applies to each scenario by placing the appropriate label next to each scenario.

Answers

Each scenario refers to some label. The labels are placed with a different order. We need to arrange them by checking the possibilities. Labels most probably matches with one scenario each or it can be many. If labels are less in numbers than the scenarios then it can be matched with multiple scenarios.

How much would howard steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually? (use the tables in the handbook.) $117,817.20 $454,144.00 $112,817.20 $549,144 none of these?

Answers

The present value of money, P, and the annuity can be related through the equation,
 
     P = A x ((1 - (1 + r)⁻ⁿ) / r)

where A is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values to the equation,

   P = (12,000) x ((1 - (1 + 0.08)⁻²⁰) / 0.08)

    P = $117,817.77

ANSWER: $117,817.77

Answer:

$117,817.20.  

Explanation:

We need to get how much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually. The annual withdrawal target is $12000 multiply by the PVIFA (8%, 20) which is equal to 9, 81810 .

For the target period the amount that need to be invested today is $117,817.20.  

Please also refer to the  attachment

The mission statements of organizations in the same market will typically be the same
a. True
b. False

Answers

The answer is false, though the organizations may be in the same market, these does not mean that they are all the same because mission statements of organizations are different depending on their own organization and just because they fall under the same market will not mean that they are all the same as they have their own tasks and leaders of where they stand and their way of doing things.

"where would it make sense for managers to have wide spans of control?" check all that apply.

Answers

Wide spans of control are necessary when employees do rote work that does not change much daily. This can also be used in jobs that require a high amount of training. In general, when low amounts of management are needed to hold employees accountable for what they do, wide spans of control are appropriate.

Identify the principle of competitive advantage that is associated with product implementations.

Answers

Differentiating service offerings is the principle of competitive advantage that is associated with product implementations.Service differentiation is a challenge to marketers because services are intangible in nature.Differentiated service is a design pattern for business services , in which the service varies automatically according to the identity of the consume

According to diffusion of innovation, in order for an innovation to ultimately be adopted it has to be

Answers

According to Diffusion of Innovation, or order for an innovation to ultimately be adopted it has to be compatible with social norms.
The theory that obtains to explain how, why and at what rate new ideas and technology spread through cultures.

A typical high-income household in 1980 earned $125,556. a similar household in 2009 earned $180,001. what was the relative increase in income for these households from 1980 to 2009? round to the nearest one percent. incorrect%

Answers

Our basis for the calculation of the relative increase is that which was earned in 1980. The equation that will be used in order to determine the unknown in this item is,
 
    d = ((180,001 - 125,556) / 125,556) x 100%

    d = 43.36%

Rounding this to the nearest one percent will give us an answer of 43%. 

Merlin is a proofreader of manuscripts for a large New York City publisher. He receives manuscripts electronically​ and, using his word processing software at​ home, makes corrections and comments for the authors.​ Merlin's manager may be concerned that​ ________________.

Answers

the manager maybe concerned that Merlin may be distracted by computer games or his children when they are at home during the day and will not get his work done.
When employees worked on the employees, there will be a direct supervisor that control the workflow and distractions such as children or games will be eliminated so the employees could only focus on the job.

Merlin's manager may be concerned about issues related to remote proofreading such as maintaining manuscript confidentiality, adhering to deadlines, and assuring quality in the absence of direct supervision. Due to the nature of working as a casualized worker with limited autonomy, there are challenges in ensuring effective communication and technical reliability within electronic proofreading systems.

Merlin's manager may be concerned that working remotely as a proofreader brings about challenges such as maintaining confidentiality of unpublished manuscripts, ensuring deadline adherence, and upholding the high quality of manuscript proofreading without direct supervision. Companies typically hire copyeditors and proofreaders to produce clean final drafts, where copyeditors suggest revisions and style changes, while proofreaders check for errors in spelling, capitalization, and punctuation.

However, the nature of remote work, especially for those with limited autonomy who depend on a single publishing house, introduces risks due to the lack of oversight and the potential for technical issues with electronic proofreading systems.

Proofreading manuscripts requires an exceptional level of attention to detail, particularly with numbers, equations, scientific names, tables, and figures, as proofreaders are the last line of defense before publication. Given the dependency on electronic systems for review and the fact that casualized workers like Merlin might work almost exclusively for one publisher, the manager's concern may include ensuring Merlin is fully equipped to handle sensitive materials and communicate effectively with authors and the publishing team.

Electronic proofreading, manuscript confidentiality, and quality assurance are all aspects of Merlin's job that could be focal points of concern for his manager, emphasizing the necessity for Merlin to take responsibility in catching errors that computerized checks may miss and maintaining the integrity of the published content.

Bartley barstools has a market/book ratio equal to 1. its stock price is $14 per share and it has 5 million shares outstanding. the firm’s total capital is $125 million and it finances with only debt and common equity. what is its debt-to-capital ratio?

Answers

Agreement that restricted Plains Indians to territories away from the major route to the west

The debt-to-capital ratio is the 44. The stock price and the given the shares was the given on the amount.

What is debt-to-capital ratio?

The total debt to capital ratio is a liquidity metric that illustrates the ratio of debt a firm employs to fund its assets in comparison to the amount of equity utilized for the exact purpose. The lower a company's debt-to-capital ratio, the better. Larger debt ratios, on the other hand, indicate danger.

Determine the debt-to-capital ratio:

Market Value of Equity = Common Stock × Number of Shares Outstanding.

Market Value of Equity = 5000000 × 14

Market Value of Equity= 70000000

Value of Debt in Capital Structure = Total Capital - Market Value of Equity

Value of Debt in Capital Structure  = 125000000 - 70000000

Value of Debt in Capital Structure = 55000000

Debt to Capital Ratio = Value of Debt in Capital Structure/Total Capital =

Debt to Capital Ratio = 55000000/125000000

Debt to Capital Ratio = 44

As a result, the debt-to-capital ratio is the 44.

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Aztec industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. next year's expected costs and activities are shown below.

Answers

Given the table showing next year's expected costs and activities below:

[tex]\begin{tabular} {|C||C|C|} & Mixing & Baking\\[1ex] Direct labor hours&411,000 DLH&91,000 DLH\\ Maching hours&811,000 MH&811,000 MH\\[1ex] Overhead costs&\$534,300&\$411,000 \end{tabular}[/tex]

Pard A:

Aztec's departmental overhead rate for the mixing department based on direct labor hours is given by the mixing department's overhead cost divided by the mixing department's direct labor hours.

Thus, departmental overhead rate for the mixing department based on direct labor hours is given by:

[tex] \frac{\$534,300}{411,000\ DLH} =\bold{\$1.30\ per\ DLH}[/tex]



Part B:

Aztec's departmental overhead rate for the baking department based on direct labor hours is given by the baking department's overhead cost divided by the baking department's direct labor hours.

Thus, departmental overhead rate for the baking department based on direct labor hours is given by:

[tex] \frac{\$411,000}{91,000\ DLH} =\bold{\$4.52\ per\ DLH}[/tex]



Part 3:

Aztec's departmental overhead rate for the baking department based on machine hours is given by the baking department's overhead cost divided by the baking department's machine hours.

Thus, departmental overhead rate for the baking department based on machine hours is given by:

[tex] \frac{\$411,000}{811,000\ MH} =\bold{\$0.51\ per\ MH}[/tex]

Answer: $5.00 per DLH

Explanation:

Compute Aztec's departmental overhead rate for the baking department based on direct labor hours.

$400,000 overhead costs / 80,000 Direct labor hours = $5.00 per DLH

Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 20 years. how much will she have available for retirement if she can make 8% on her investment?

Answers

If the 8% is per year, we need to calculate the acquired value after 20 years with compound interest. Formula : AV : aquired value after 20 years V : starting value r : rate y : years AV = V x (1+r)^y AV = 10 000 x (1+0.08)^20 AV = 10 000 x 4.660957 AV = 46 609.57 She will have available 46 609.57 $ after 20 years with compound interest if she save 10 000$.

What will the multiplier be when the mps is 0, 0.4, 0.6, and 1? what will it be when the mpc is 1, 0.90, 0.67, 0.50, and 0? how much of a change in gdp will result if firms increase their level of investment by $8 billion and the mpc is 0.80? if the mpc instead is 0.67?

Answers

Final answer:

The economic 'multiplier' shows how initial investment changes can affect the total GDP. With an MPC of 0.80, an $8 billion investment increase leads to a $40 billion GDP change; with an MPC of 0.67, it leads to a $24 billion change.

Explanation:

The multiplier reflects the degree to which a change in economic activity will affect total economic output. It is closely related to the Marginal Propensity to Save (MPS) and the Marginal Propensity to Consume (MPC). When the MPS is 0, 0.4, 0.6, and 1, the corresponding multipliers, computed as 1/(1 - MPC), will be in theory infinite, 2.5, 1.67, and 1, respectively. Similarly, when the MPC is 1, 0.90, 0.67, 0.50, and 0, the multipliers will be infinite, 10, 3, 2, and 1, respectively.

For the change in GDP resulting from an $8 billion increase in investment with an MPC of 0.80: the multiplier is 1/(1 - 0.80) = 5. Thus, the change in GDP would be 5 times $8 billion, which is $40 billion. If the MPC is instead 0.67, the multiplier will be 1/(1 - 0.67) = 3, resulting in a change of $24 billion in GDP.

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