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anonymous

  • one year ago

A new bakery opens downtown. Which circumstance would most likely be a negative externality? Customers of the old bakery see a drop in prices. Neighboring stores get more foot traffic. The city government collects added tax revenue. The old bakery down the street loses some customers. @jim_thompson5910

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  1. anonymous
    • one year ago
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    @perl

  2. jim_thompson5910
    • one year ago
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    What is a negative consequence of the new bakery opening? Specifically this negative consequence falls on a third party.

  3. anonymous
    • one year ago
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    i think its either b or d..

  4. jim_thompson5910
    • one year ago
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    why those two

  5. anonymous
    • one year ago
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    theyre not good.. so theyre negative externalities lol sorry its the only way i can really explain it right now

  6. jim_thompson5910
    • one year ago
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    hmm I guess b is up in the air for me. It could be positive if the people spend money at the stores or it could be negative if they simply browse and cause more congestion

  7. anonymous
    • one year ago
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    okay so u think its B?

  8. jim_thompson5910
    • one year ago
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    a classic example of negative externality is something like pollution. That's usually bad no matter how you look at it. People not involved in the production or consumption of the product have to deal with the negative consequences of pollution

  9. jim_thompson5910
    • one year ago
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    I don't know what to make of B tbh. It depends on what the people do. If they spend money there, then it's not a negative externality

  10. anonymous
    • one year ago
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    okay so D?

  11. jim_thompson5910
    • one year ago
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    yeah that seems like a negative consequence that burdens a third party then again, it seems odd how they pull out this example since this is a natural result of competition, so it doesn't seem negative to me. Competition is natural, healthy and a good thing (as opposed to pollution, which is unnatural, unhealthy, etc)

  12. anonymous
    • one year ago
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    lol u over think things way too much ahah

  13. jim_thompson5910
    • one year ago
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    You might be onto something with B. But I'm not sure. If the people increase the pollution with liter or something, then that's definitely a negative

  14. anonymous
    • one year ago
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    lol

  15. anonymous
    • one year ago
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    okay are u able to help with more questions please??

  16. anonymous
    • one year ago
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    Which of these illustrates the use of currency rather than barter? Felicia mows lawns in order to get a smartphone from her parents. Mallory wins a savings bond in the school science fair. Martin works for his uncle for four hours in exchange for lunch. Sasha gives a cashier two dollars to receive a bag of chips.

  17. jim_thompson5910
    • one year ago
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    which one do you think it is?

  18. anonymous
    • one year ago
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    D?

  19. jim_thompson5910
    • one year ago
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    why D

  20. anonymous
    • one year ago
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    because shes using money to get the chips

  21. jim_thompson5910
    • one year ago
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    correct, currency is something nearly everyone accepts in exchange for a product or service A and C are examples of bartering (exchanging products and/or services) B isn't a currency because you can't buy groceries with a savings bond on its own. You have to pull currency out of the bond (in dollars for example) to buy groceries.

  22. jim_thompson5910
    • one year ago
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    I guess B is a barter as well

  23. anonymous
    • one year ago
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    yaayyy! thank u so much! i have more

  24. anonymous
    • one year ago
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    Unemployment is rising, and the federal government wants to encourage job growth. Which of the following actions would be an appropriate fiscal policy? Expand open-market operations Increase spending on infrastructure projects Lower discount rates Raise taxes on small businesses

  25. jim_thompson5910
    • one year ago
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    hint: fiscal policy deals with taxing and spending

  26. jim_thompson5910
    • one year ago
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    monetary policy deals with the money supply (and the interest rate associated with it)

  27. anonymous
    • one year ago
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    C? @jim_thompson5910

  28. jim_thompson5910
    • one year ago
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    the discount rate is associated with monetary policy

  29. jim_thompson5910
    • one year ago
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    there are 2 basic fiscal ways to encourage economic growth 1) lower taxes. This means people have more money to spend since this amount isn't taken as taxes 2) increase spending on projects that create jobs. This puts money in people's pockets for them to spend

  30. anonymous
    • one year ago
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    so which one?

  31. jim_thompson5910
    • one year ago
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    you tell me

  32. anonymous
    • one year ago
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    2?

  33. jim_thompson5910
    • one year ago
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    yep the "lower taxes" option isn't listed

  34. anonymous
    • one year ago
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    okay gotcha

  35. jim_thompson5910
    • one year ago
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    so its Increase spending on infrastructure projects

  36. anonymous
    • one year ago
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    Tina has $1,500 that she will use to buy a car in four months. In the meantime, she would like to invest it to earn more money. Which of these would yield the greatest return in her time frame? Money market account Roth IRA Savings account Savings bonds

  37. jim_thompson5910
    • one year ago
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    I'm not sure about this one, but I know an IRA is for retirement. So that means the money needs to sit in the account for a very long time (say 30 years and not 4 months).

  38. anonymous
    • one year ago
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    okay i'll figure that one out later what about this one? @jim_thompson5910

  39. anonymous
    • one year ago
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    After creating the 2013 budget for her hamburger restaurant, Holly finds business is down. She decides to increase advertising to 15 percent of her budget. Which of these could reflect the change in Holly's new budget? Misc 0%; Rent 25% Supplies 20%; Rent 25% Misc 0%; Supplies 20% Utilities 5%; Repairs 0%

  40. anonymous
    • one year ago
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  41. jim_thompson5910
    • one year ago
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    Does Molly have control over the rent price/cost?

  42. anonymous
    • one year ago
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    idk lol

  43. jim_thompson5910
    • one year ago
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    no she does not and she cannot decide something like "hmm I think I'll pay half of the rent this month, and 25% of the rent next month". She has to pay the full rent every month or risk getting kicked out

  44. anonymous
    • one year ago
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    hahahha oh okay i get it

  45. anonymous
    • one year ago
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    would it be B?

  46. jim_thompson5910
    • one year ago
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    It sounds like you're randomly guessing. Again, the rent percentage can't be reduced based on her desire alone.

  47. anonymous
    • one year ago
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    im not i was doing good on all the others.. im actually trying my best @jim_thompson5910

  48. jim_thompson5910
    • one year ago
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    the rent percentage must stay at 30% assuming her budget stays the same

  49. jim_thompson5910
    • one year ago
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    since business has been lousy for her, the revenue would be down which means that the rent percentage would increase example: in 2013, say the revenue is $100 and the rent is $30. That's 30/100 = 0.3 = 30% of the revenue in 2014, now say the revenue drops to $80. The rent would stay at $30 or probably increase due to inflation. Let's assume it stays at $30. So, 30/80 = 0.375 = 37.5% so the rent percentage increased

  50. anonymous
    • one year ago
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    oh okay so would the answer be C?

  51. jim_thompson5910
    • one year ago
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    either that or D both of these options seem unreasonable though since there's always going to be some misc cost (like insurance) or something that needs to be repaired utilities are another fixed cost, but they can be controlled because you can use less water or electricity

  52. anonymous
    • one year ago
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    okay so just go with C

  53. anonymous
    • one year ago
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    @xapproachesinfinity wat do u think?

  54. anonymous
    • one year ago
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    James wants to go on a trip to Italy this month. The trip will cost five thousand dollars. He has saved three thousand dollars. Which of these actions is least financially risky? Put the rest of his expenses on a credit card Take out a bank loan to finance the trip Delay travel until he has saved the rest of the money Use money from his retirement account

  55. anonymous
    • one year ago
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    @jim_thompson5910

  56. jim_thompson5910
    • one year ago
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    your thoughts on this?

  57. anonymous
    • one year ago
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    A? i really am not sure

  58. jim_thompson5910
    • one year ago
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    are credit card interest rates very low? or very high?

  59. anonymous
    • one year ago
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    i have no idea

  60. anonymous
    • one year ago
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    oh no nvm theyre very high

  61. jim_thompson5910
    • one year ago
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    yes, like 22% or 29% normal interest rates are around maybe 3% to 10% so credit card interest rates are very high because it's very risky

  62. anonymous
    • one year ago
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    so A's the answer?

  63. jim_thompson5910
    • one year ago
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    it asks `Which of these actions is LEAST financially risky?`

  64. anonymous
    • one year ago
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    C

  65. anonymous
    • one year ago
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    @jim_thompson5910

  66. jim_thompson5910
    • one year ago
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    good, that's the smartest move he can do

  67. anonymous
    • one year ago
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    okayy!

  68. anonymous
    • one year ago
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    Creative Commons Attribution-Share Alike 3.0 Unported Which of the following statements best explains why the red bar goes up when the blue goes up? Equivalent spending and taxing does not allow for debt reduction. Higher spending than taxing results in a deficit, which contributes to more debt. Higher taxing than spending results in a deficit, which contributes to more debt. Higher taxing and higher spending result in more debt.

  69. anonymous
    • one year ago
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    @jim_thompson5910

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  70. jim_thompson5910
    • one year ago
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    When a country spends more than what it makes in taxes, then it runs a deficit. Each deficit (from year to year) increases the national debt.

  71. anonymous
    • one year ago
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    so B?

  72. jim_thompson5910
    • one year ago
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    yes

  73. anonymous
    • one year ago
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    Which of these is a natural monopoly? Cell phone service Computer repair Package delivery service Sewage treatment

  74. jim_thompson5910
    • one year ago
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    your thoughts?

  75. anonymous
    • one year ago
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    i have no idea

  76. jim_thompson5910
    • one year ago
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    which option makes sense to have only one provider?

  77. anonymous
    • one year ago
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    B?

  78. jim_thompson5910
    • one year ago
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    why B?

  79. anonymous
    • one year ago
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    u only need one provider

  80. jim_thompson5910
    • one year ago
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    so there's only one computer repair place out there?

  81. anonymous
    • one year ago
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    idkk i think none r the answer right now tbh

  82. jim_thompson5910
    • one year ago
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    hint: this is something where it makes sense to be controlled (and owned) by the government

  83. anonymous
    • one year ago
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    sewage treatment?

  84. jim_thompson5910
    • one year ago
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    correct

  85. anonymous
    • one year ago
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    yaaayyyy!

  86. anonymous
    • one year ago
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    btw u werent sure about this question and i skipped it what should i pick?

  87. anonymous
    • one year ago
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    Tina has $1,500 that she will use to buy a car in four months. In the meantime, she would like to invest it to earn more money. Which of these would yield the greatest return in her time frame? Money market account Roth IRA Savings account Savings bonds

  88. jim_thompson5910
    • one year ago
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    I'm still not sure, so I would ask another user or ask in a different section

  89. anonymous
    • one year ago
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    alrightie! thank you so much for your time jim! greatly appreciate it!

  90. jim_thompson5910
    • one year ago
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    np

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