If a woman decides to buy a house costing $500,000, is she making a microeconomic decision or a macroeconomic one? Explain your answer.

Answers

Answer 1

If a woman decides to buy a house costing $500,000, she making  fundamentally a Microeconomic decision as it involves her individual economic situation and preferences.

In order to decide whether the Decision is Micro or Macroeconomics Firstly we need to understand both the concepts,

Microeconomics:

Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services.

It focuses on supply and demand and other forces that determine price levels in the economy. In other words, microeconomics is related to human choices, decisions, and the allocation of resources.

In this case, the decision to buy a house is being made by an individual woman. It involves her personal financial situation, preferences, and constraints. Her decision to buy a house is based on factors such as her income, savings, lifestyle preferences etc. These are all individual-level considerations that fall under microeconomics.

Macroeconomics:

Macroeconomics is the study of an economy as a whole. On the other hand, It deals with the overall performance, structure, behavior, and decision-making of an entire economy. Macroeconomics include gross domestic product (GDP), unemployment rates, inflation, Aggregate demand, Aggregate Supply and government policies that impact the economy as a whole.

A woman's decision to buy a house may have some macroeconomic implications (e.g., contributing to housing demand in the local market), it is fundamentally a microeconomic decision as it pertains to her individual economic situation and preferences.

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Related Questions

If a loan is risky and extends for more than a year, the lender may ask for

Question 15 options:

collateral.

a signature.

an escrow account.

additional payments.

Answers

collateral looks like the best option

Either collateral or additional payments

Direct services workers focus on contact with

Answers

Final answer:

Direct services workers in the field of Health focus on contact with individuals or communities to provide care and support.

Explanation:

Direct services workers in the field of Health focus on contact with individuals or communities to provide care and support. They may include nurses, doctors, therapists, or other healthcare professionals who work directly with patients. These workers provide medical treatments, administer medications, conduct assessments, offer counseling, and help patients manage their health conditions. In addition to providing direct care, they may also educate patients on health promotion and disease prevention.

Because of the unlimited liability of all partners, a general partnership most
closely resembles which other business type?
A. Board of directors
B. Public corporation
C. Limited partnership
*D. Sole proprietorship

Answers

Answer:

D. Sole proprietorship

Explanation:

A Sole proprietorship is also referred to as the sole trader. It is the simplest form of business ownership. The business is owned and managed by one person.

Legally, the sole proprietorship is not an independent entity. It means that the business owner is fully liable to the debts and obligations of the business.

Final answer:

A general partnership closely resembles a sole proprietorship as both carry unlimited liability where all partners or the owner are fully liable for all business debts and liabilities.

Explanation:

A general partnership most resembles a sole proprietorship in terms of unlimited liability. Both business types involve unlimited liability, which means that all partners or the proprietor themselves are fully responsible for all debts and liabilities of the business. For instance, in a general partnership, all the partners bear the business debts and if the business can't pay its liabilities, the partners’ personal assets could be used to pay off those debts. Similarly, in a sole proprietorship, the business owner holds all liabilities and debts of the business, which can potentially risk his/her personal assets as well.

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__________ are rules or orders carrying the force of law that are issued by an official government agency. Ethics Regulations Customs

Answers

Answer:

11 orders I think cause God knows!!

If you start investing a little money now you will most likely have a lot more mone than those who start investing later on in life. T/f

Answers

True, usually the earlier you invest the more money you will get later down the road.  

the answer is true, because those who invest early in life will have more time to obtain more revenue and will have a bigger amount of money over time due to interest.

If this answer helped you then plz mark me the brainliest. ;)

What is the cost of an advertising campaign divided by the number of people reached?

Answers

This is known as cost per reach and helps factor into the cost of obtaining new customers.

Which of the following is an advantage of partnerships over sole
proprietorships?
*A. Partnerships generally have more money to invest in starting or
expanding a business.
B. Partnerships establish a democratic system for making business
decisions.
C. Partnerships protect their investors against business debts
incurred by the managers.
D. Partnerships involve less paperwork and fewer legal fees.

Answers

The correct answer is A.

Partnerships are at an advantage over a sole proprietorship in terms of raising money. While a sole proprietorship only has the money from the proprietor, a partnership has money from all of the partners.

Answer:

Partnerships generally have more money to invest in starting or expanding a business. ( A )

Explanation:

Partnership is a type of business that involves more than one business owner/investor for the smooth running and operation of the business. while a sole proprietorship is also known as a one-man business that involves just a single business owner/investor.

partnerships have some advantages over sole proprietorship type of business because in partnership there is a larger pool of funds because each partner contributes to the running of the business financially and this in turn reduces the effect of loses been incurred on an investor because the losses are been shared across the investors as well. partnership business last longer in the event of death or other circumstances than a sole proprietorship type of business.






It’s been a year since Roland started a small retail business. His only supplier went bankrupt after a few months. Roland’s business thus ran into large-scale losses. How should Roland face his business failure?








A.

He should give up entrepreneurship and come up with a new mission for his life.

B.

He should hold on to his entrepreneurial vision and learn from his past mistakes.

C.

He should change his line of business.

D.

He should try to achieve relatively less challenging business objectives.

Answers

Answer:

it's B i took the test on Pluto

Explanation:

Final answer:

Roland should hold on to his entrepreneurial vision and learn from his past mistakes.

Explanation:

The best approach for Roland to handle his business failure is option B. He should hold on to his entrepreneurial vision and learn from his past mistakes.

Roland should reflect on the reasons why his business failed and identify the mistakes he made. This will help him gain valuable insights and prevent similar mistakes in the future.He should seek advice and guidance from experienced entrepreneurs or business mentors who can provide valuable insights and strategies to overcome the challenges he is facing.Roland should also consider exploring alternative suppliers to ensure a steady flow of inventory and minimize the risk of relying solely on one supplier.

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Typically, the best place to look for scholarships available at a particular college is
.
A. on the financial aid page of the college's website.
B. at Gotoscholarships.org
C. on the registrar's page of the college's website.
D on the dean's page of the college's website

Answers

A. On the financial aid page of the college's website.

Hope this helps ;)

Answer:

A. On the financial aid page of the college's website

Explanation:

A-P-E-X

which people within a corporation and hire manage the heads of departments. A. workers B. the presidents C. the vice presidents D.shareholders​

Answers

B is the correct answer.

according to Harvard psychologist Howard gardner, people can be intelligent in at least how many ways​

Answers

There are 8 different types of intelligence. : Verbal/Linguistic, Logical/Mathematical, Visual/Spatial, Bodily/Kinesthetic, Musical, Intrapersonal, Interpersonal and Naturalist.

According to the Harvard Psychologist Howard Gardner, people can be intelligent in at least eight ways, which are explained below.

Explanation:

According to Multiple Intelligence Theory, the human intelligence is differentiated into specific modalities. This theory specifies that human intelligence is not something that is measured on the basis of single general ability.

According to this theory, not everyone is a book smart. The intelligence of people cannot be only measured on the basis of how well they are in the literature of any subject or topic, rather the intelligence of people can be measured on the basis of either of the following categories:

Visual-Spatial Linguistic-Verbal Interpersonal Intrapersonal Logical-Mathematical Musical Bodily-Kinesthetic Naturalistic

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Riley, a Sterling Bank employee, deposits into his account checks that are given to him by bank customers to deposit into their accounts. This is

Answers

Answer:

The answer is embezzlement.

Explanation:

Embezzlement is defined as a misuse of funds by individual which were entrusted to her of him by another individual or group. The individual will use this funds for his or her own interest, without informing the owner of the funds. It is a form of financial crime and a form of thievery also.

What is the most common form of business organization

Answers

A sole proprietorship is the most common form of business organization.

Final answer:

The most common form of business organization is sole proprietorship, in which a single individual owns and operates the business.

Explanation:

The most common form of business organization is the sole proprietorship. In a sole proprietorship, a single individual owns and operates the business. This type of business is simple to set up and gives the owner complete control over the business decisions. For example, a small bakery owned and operated by a single person is a sole proprietorship.

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A map from trade development commissions or chamber of commerce can be more useful that google maps for identifying

major areas of commerce and location

organizations to join for networking purposes

available buildings for business expansion

dalays due to construction ​

Answers

A map from trade development commissions or chamber of commerce can help identify major areas of commerce and location.

Explanation:

Google map helps with location of building but will not give information about the commerce aspect of the building.

But since the Trade Development Commission has exclusive responsibility to provide that, then it will be more useful to identify major areas of commerce and their locations.

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Answer:

major areas of commerce and location

Explanation:

The Federal Reserve System controls the size of the A) tax supply. B) money supply. C) demand supply. D) production supply.

Answers

The correct answer is choice b.

The Federal Reserve System is the central banking system of the United States. Known as the “Fed,” it was established in 1913 with three primary purposes. They are maximizing employment, stabilizing prices, and moderating long-term interest rates.

Answer:

B) money supply is the correct answer.

Explanation:

The Federal Reserve System controls the size of the money supply.

The Federal Reserve is the United States central bank that regulates inflation by maintaining credit and controls the money supply.

The Federal Reserve System as formed by congress on 23rd December in the year 1913 wants the central regulator of the financial system to alleviate monetary crises and to provide the nation safer and stable monetary system.

Which kind of graph is shown here?

A.
demand graph
B.
product graph
C.
supply graph

Answers

Answer:

Explanation:

This is a demand graph. You can tell because at the price decreases, the amount demanded increases. Consumers usually want to purchase more goods when the price is less.

The graph shown here is the demand graph.

Demand graph

A supply graph would show the amount increasing with price, as people would want to sell better as they could trade something for higher. The demand graph exhibits the amount decreasing with price, as people naturally want better of something as its price decreases. Therefore, the correct answer is option A. demand graph.

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The value of ending inventory rounded to nearest dollar using average cost

Answers

The answer is: $1,263.14

Change in supply or change in quantity supplied

Answers

Usually an increase in price means a decrease in supply and or a raise in demand.  He quickly changes this by increasing the production, thus increasing the supply, lowering the prices.

Hope this helps,

Jeron

Final answer:

Change in supply refers to a shift of the entire supply curve due to factors other than price affecting supply. Change in quantity supplied refers to movements along the supply curve due to changes in price. Both concepts impact the market equilibrium.

Explanation:

In economics, change in supply and change in quantity supplied are two different concepts. A change in supply refers to when a change in some economic variable other than price causes a different quantity to be supplied at every price. An example is when a car manufacturer can produce more cars because of an enhancement in technology, at each price level, more cars will be supplied, and this leads to a rightward shift of the supply curve from S0 to S₂, indicating an increased supply.

On the other hand, a change in the quantity supplied refers to a movement along the same supply curve in response to changes in the price of the good, holding all else constant. For instance, if the price of a car rises, then the quantity of cars supplied increases, and we move up along the same supply curve.

The distinction between these two concepts helps to analyze the effects of various economic events on the market equilibrium – the point where the quantity supplied equals the quantity demanded.

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How would you explain sales of a particular menu item dropping off to nothing this month when sales for that item were at the highest they have ever been last month?

Answers

Answer

Hi,

Poor marketing and sales alignment

Explanation

Reasoning as a sales manager, if there are challenges between the sales team and the marketing team such as poor information sharing, lack of collaboration or teams not getting along, sales of an item will be affected. Changes in the marketing team or the strategy used for marketing can affect the number of users reached during marketing. In addition, if marketers provide inadequate leads to the sale team, such problems may arise.

All the Best!

Explanation:

The reason behind the dropping off of sales in the current month as compared to the sales of last month when they were at their highest, could be that the product has reached its maturity phase and now it is the decline phase for the product. In a product life cycle, there are different phases like Introduction, growth, maturity and then decline. In this scenario, the product might have achieved its maturity and now the market for this product has become saturated and there was no room remained for the sales, then the sales might drop off drastically.

In the U.S., cash takes which two forms?
)

Answers

DOLLARS AND COINS                                                                                            COINS: penny , dime , nickel , and quarter                                                     Dollars; one dollar , uncommon 2 dollar bill , five dollar bill , ten dollar bill , twenty dollar bill , fifty dollar bill and one hundred dollar bill

Dollars (paper bills)
and
Coins
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