Which of the following statements is true of the economics choices that consumers make

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Answer 1

Answer: The answer is different people make different economic choices. We have different perspective or outlooks in life. They have different ways how to live their lives or how they manage or spend their resources.

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If a driver with an insurance policy drives infrequently, it canraise costs.lower costs.create riskshare risk.
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Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. This group also believed that fiscal policy should be used only if the central bank:a. follows a monetary policy rule.b. faces problematic lags in propagating changes throughout the economy.c. is just as effective in countering recessions as monetary policy.d. is the only thing that can lower natural unemployment.e. can be used most of the time, but monetary policy becomes a better option when velocity is fluct

Suppose that Spain has a Gini coefficient of 0.5, France has a Gini coefficient of 0.4, and Germany has a Gini coefficient of 0.3. Based on this information, which of the following statements about income inequality in the three countries are correct? Check all that apply. The ratio of the total income of the lowest quintile of income distribution to the total income of the highest quintile of income distribution is higher in France than in Germany. The lowest quintile of Spain's income distribution earns a lower percentage of the aggregate Spanish income than the lowest quintile of France's income distribution does of the aggregate French income. The ratio of the total income of the lowest quintile of income distribution to the total income of the highest quintile of income distribution is higher in Spain than in Germany. France has a higher degree of income inequality than Germany but lower than Spain. Germany has a higher degree of income inequality than France or Spain.

Answers

Answer:

France has a higher degree of income inequality than Germany but lower than Spain.

Explanation:

The Gini Coefficient: measures the economic inequality in a country's economy, by measuring income distribution.

The smaller the Gini Coefficient, the lesser income inequality in a country, a 0 coefficient means perfect equality while 1 represents perfect inequality.

France's inequality is higher than Germany's due to higher Gini coefficient, but lower than Spain's inequality.

Final answer:

Based on the Gini coefficients provided, France has a higher degree of income inequality than Germany but lower than Spain. The lowest quintile of Spain's income distribution earns a lower percentage of the total income than the lowest quintile of France's income distribution. The ratio of the total income of the lowest quintile to the highest quintile is higher in Spain than in Germany.

Explanation:

Income inequality can be measured using the Gini coefficient, which ranges from 0 to 1. A higher Gini coefficient indicates a higher degree of income inequality. Based on the Gini coefficients provided, we can infer the following:

The ratio of the total income of the lowest quintile to the highest quintile is not higher in France than in Germany.
The lowest quintile of Spain's income distribution earns a lower percentage of the total income than the lowest quintile of France's income distribution.
The ratio of the total income of the lowest quintile to the highest quintile is higher in Spain than in Germany.
France has a higher degree of income inequality than Germany, but lower than Spain.
Germany has a higher degree of income inequality than France or Spain.

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Nesta is making a scatterplot of the digit spans (how many numbers you can remember and repeat back) for his psychology class, with the spans for digits the students hear on one axis and the span for digits the students read on the other. The association is strong, but he notices that one student has a visual digit span that is twice as long as anyone else. What statistical validity question is he raising?Is the correlation statistically significant?

Is there a restriction of range?

Is the relationship curvilinear?

Could outliers be affecting the relationship?

Answers

Answer:

Could outliers be affecting the relationship?

Explanation:

In most practical circumstances an influence outlier decreases the value of a correlation coefficient and weakens the regression relationship, but it's also possible that in some circumstances an outlier may increase a correlation value and improve regression.

Notice that in the scenario it is mentioned that ''he notices that one student has a visual digit span that is twice as long as anyone else.'' , this will raise the question as to ''what is increasing the value of the correlation coefficient (the span) between the 'digits the students hear' AND 'the digits the student read'

Kiani is a real estate agent who works on commission. She earns 5% on every house sold. This month, she only sold one house for $100,000. How much did Kiani earn this month?

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Kiani earned 5000 commission at this month

Consumers should be concerned about high interest rates because high interest rates __________.

Answers

Consumers should be concerned about high interest rates because high interest rates equals to higher interest/ more money that needs to be paid.

Jared quit his job at the bank and no longer has a job. He _____ collect unemployment insurance. a. can
b. cannot

Answers

This actually depends on the country. I assume that you mean the US - in the US he would not be able to collect this insurance because he quit by himself (but in some states he might try if he can proove that it was for example due to bad working conditions).
In many European countries he would be able to collect it.

During a merger, when company buys another, who should be the beneficiaries of the money paid for the acquired company?

Answers

Answer:

Concessions are usually made during merger negotiations, Merger securities are non-cash assets paid to the shareholders of a corporation that is being acquired by or merged with another company.nation:

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