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FrozenT [24]
2 years ago
5

William McChesney Martin, who served as Chairman of the Federal Reserve in the 1950s and 1960s, is famous for saying that centra

l banks should "take away the punch bowl just as the party is heating up".
What does this saying mean? Why wouldn't we want the "party" to get too exciting? What are the potential impacts of adding too much fuel to the economy?
Business
1 answer:
laiz [17]2 years ago
3 0

Answer:

PART A

The saying means that it should remove the economic incentives when it has reached its peak in order to prevent it from impacting negatively on the economy.

PART B

(1) It can lead to Inflation.

(2) it can lead to reduced Productivity within the economy.

Explanation:Central banks all over the world are known to put incentives and Stimulus factors in place in order to help improve, resuscitate or sustain the economy in terms of crisis, but the impacts of the Incentives or Stimulus programs of the central banks can lead to certain negative consequences if not effectively monitored or removed when necessary.

SOME OF THE NEGATIVE CONSEQUENCES WHICH CAN ARISE IF THE INCENTIVES OR STIMULUS PROGRAMS USED TO SUSTAIN THE ECONOMY ARE NIT REMOVED EXAMPLES INCLUDE IT CAN LEAD TO INFLATION,IT CAN LEAD TO REDUCTION IN THE OVERALL PRODUCTIVITY WITHIN THE ECONOMY ETC.

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Match the following theories to their best descriptive statements: A. Cost benefit analysis for finding the best possible result
mariarad [96]

Answer:

A-1 B-3 C-4 D-2

Explanation:

The description given in option A fits utilitarianism which is an ethical term describing a decision where the best outcome for the largest possible number of people is considered the solution.

The description given in option B fits social contract which desribes accepting the authority of the state and deciding on basic principles so that the society can exist.

The description given in option C fits virtue ethics which is a field of ethics that discusses virtues such as honesty.

The description given in option D fits deontology which is an ethical theory that suggests that each action should be examined if it is good or bad by following certain rules.

I hope this answer helps.

7 0
2 years ago
Which of the following is true about A/B testing?A. You need to attend WPC 300 course to learn about A/B Testing.B. To increase
Olegator [25]

Answer:

B. To increase conversion rate of your website traffic, A/B testing can be beneficial

Explanation:

A/B testing is also called split testing or bucket testing, it is a technique that involves determining which version of a Web page or an application works better by comparing two versions. A/B testing is one of the ways through which one can optimize a website funnel, it is also a way of gathering information about qualitative and quantitative user on a website.

A/B testing helps to make minor changes to a webpage, achieve significant improvement.

7 0
2 years ago
The flexible or telecommuting schedule is most likely an option offered in:
yan [13]
The flexible or telecommuting schedule is most likely an option offered in alternative work arrangements. Examples of alternative work arrangements are: f<span>lexible work schedules, the 4/40 workweek, job sharing, and home based work.</span>
4 0
2 years ago
Spaniards can produce 10 gallons of wine or 8 gallons of olive oil per worker hour. Americans can produce 9 gallons of wine or 6
Drupady [299]

Answer:

a. Americans, Spanish

Explanation:

<u>Particulars  Wine  Olive Oil    Opportunity   Opportunity cost of Olive oil</u>

<u>                                          cost of Wine</u>

Spaniards    10            8           0.8                   1.25

Americans   9             6           0.67                 1.5

From the above table, the first option is correct

3 0
2 years ago
Lopez Sales Company had the following balances in its accounts on January 1, 2018: Cash$68,000 Merchandise Inventory 48,000 Land
maxonik [38]

Answer:

Lopez Sales Company

1. Amount of Gross Margin recognized by Lopez:

Sales = $81,600

Less cost of sales = $38,400

Gross Margin = $43,200

2. Amount of the gain on the sale of land recognized by Lopez:

Land:

Selling price = $81,000

less Cost = $43,200

Gain on sale = $37,800

Explanation:

a) Gross margin is the difference between the selling price and the cost price of a product.  It is the profit determined before business running expenses are deducted to obtain the net income or margin.

It measures the ability of the business to generate enough income to cover expenses that are normally incurred in business, like rent, utilities, and salaries and wages.

b) The Gain on sale of any capital asset is the difference between the selling price and the cost (book value).  This gain is reported separately in the income statement and is the subject of capital gains tax.

4 0
2 years ago
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