classical economists saw the depression as a political problem, not an economic problem. why?

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Answer 1

Classical economists saw the depression as a political problem, because they believed labor unions were stopping the wage level from moving  to the right level.

Classical economists

The Classical economists believe that the  great  depression experience  was as a result of  as a political problem.

The reason why they believe it was political problem was because  they felt the labor unions  who is the union responsible for fight for the right of workers were the one that  stop or prevent  the wage level from moving  to the right level.

Therefore they believed that labor unions were stopping the wage level from rising.

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Related Questions

A person drops off a prescription for a beneficiary who is a regular customer. The prescription is for a controlled substance with a quantity of 160. This beneficiary normally receives a quantity of 60, not 160. You review the prescription and have concerns about possible forgery. What is your next step?.

Answers

When someone reviews the regular dosage is a quantity of 60, but the prescription is of 160 quantity, it must be confirmed from the prescriber regarding the actual required dosage to detect forgery.  

What is forgery?

In a condition where an individual tries to copy or imitate a document, or any work of art representing it to others as an original piece, then such a condition leads to forgery.

There are chances that the prescription of the regular customer has been imitated by forgery, and so the quantity of the dosage is not normal as usual.

Hence, the significance of forgery is aforementioned.

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The Coca-Cola Company uses a job-order costing system. True or False: Job-order costing uses the actual direct materials cost of the job, the actual direct labor cost of the job, and the manufacturing overhead cost applied to the job.

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Answer: In managerial accounting, there are two general types of costing systems to assign costs to products or services that the company provides: “job order costing” and “process costing”. Job order costing is used in situations where the company delivers a unique or custom job for its customers. Every customer is treated uniquely and delivered products to specifically suit their individual needs.

Explanation: hope this helps, if not I'm sorry

The Instant Pot electric pressure cooker was introduced in 2010 and had a slow start, but word of mouth from social media and influential bloggers created an explosive growth in demand for the versatile multi-cooker. Competitors such as Ninja and Crock-Pot pressure cookers have entered the market and prices have begun to stabilize for Instant Pot. What stage in the product life cycle would the Instant Pot be

Answers

The  stage in the product life cycle of the Instant Pot would be "growth stage".

Stages in product life cycle:

There are four stages in the life cycle of a product in the market which are-

Take-off stage or introduction,Growth stage or shake-out stage, Maturity stage and Decline.

The characteristics of Growth stage are-

Increasing sales, customers and profit.Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period. The product will move into the growth stage if it maintains its success and continues to satisfy market demands. Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.

The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.

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Time-and-motion study involves Multiple Choice how physical characteristics lead to fatigue and thus poor performance. timing and recording the actions taken to perform a particular task. classifying workers into distinct categories based on the average time taken to accomplish a particular task. recording the number of motions workers make to complete a task. rewarding workers when they perform at a high level of efficiency.

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Generally, the Time-and-motion study entails the timing and recording of actions taken to perform a particular task.

What is a time-and-motion study?

It refers to the study of conservation of human resources while searching for the most efficient method of doing a task.

Hence, this kind of study involves a careful timing and recording of the actions taken to perform a particular task.

Therefore, the Option B is correct.

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Economic analysis suggests that countercyclical macro-policy will a. help reduce economic instability if, and only if, we are willing to tolerate double-digit inflation. b. be difficult to time properly because of uncertainty about the future direction of the economy. c. reduce the natural rate of unemployment when macro-policy is persistently expansionary. d. be difficult to implement because we do not know whether monetary policy is transmitted through the interest rate, or whether it affects aggregate demand directly.

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Economic analysis suggests that countercyclical macro-policy will c. reduce the natural rate of unemployment when macro-policy is persistently expansionary.

What is Counter-cyclical fiscal policy?

Counter-cyclical fiscal policy can be regarded as the policy that  government usually used to go against the direction of the economic or business cycle.

Therefore, reduce the natural rate of unemployment when macro-policy is persistently expansionary.

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Eastline Corporation had 17,500 shares of $5 par value common stock outstanding when the board of directors declared a stock dividend of 6,125 shares. At the time of the stock dividend, the market value per share was $17. The entry to record this dividend is:

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The journal entry to record the declaration of a stock dividend is by debiting the retained earnings and crediting the common stock dividend with equal amounts of $30,625.

What are dividends?

Dividends are the amount allocated to the investors by the company with respect to the shareholdings held by them.

The journal entry for recognizing the transaction is as follows:

Particulars                                         Debit         Credit

Retained earnings (6,125 X $5)         30,625

   Common stock dividends                               30,625

(To record the declaration of dividends

on common stock)

Therefore, the journal entry is explained and recorded as above.

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All definitions are correct except: Leverage: using other people's money. Equity buildup: As the loan is paid, the amount an investor has invested increases, thus decreasing the loan and increasing equity. Liquidity: how fast the property can be sold. Basis: an income tax term meaning how much the property is currently worth.

Answers

The definition that is not correct is that Leverage: using other people's money.

What is leverage?

When it comes to property, using leverage means borrowing money from a bank or financial institution.

Leverage is therefore not a simple matter of using other people's money, but rather using complex loan instruments from institutions.

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Question 2 of 20
If you choose to own a credit card, it is important to:
0 A. pay
A. pay off the balance each month.
B. make minimum payments each month.
O C. use more than one credit card to distribute the costs.
O D. use credit cards as often as possible.

Answers

Answer: (B)

Explanation: so you can save your money that is the wi way

You work at an agency and one of your clients wants to track performance by product category (ex: apparel) and gender. They already passed the optional and required attributes for apparel in the product feed. How could they achieve granular reporting

Answers

The inference is that they can achieve granular reporting by minimizing the time used.

What is an inference?

An inference is the conclusion deduced based on the information given in a sentence.

In this case, the inference is that they can achieve granular reporting by minimizing the time used.

This relates to the minimum time intervals at which then data will be reported.

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What are the legal requirements owners should fulfill before forming a corporation

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The legal requirements that owners should fulfill before forming a corporation are:

Owners should meet the state statutory needs. Owners should register the name and articles of incorporation.

What is a Business Corporation?

This refers to the business structure that operates as a separate entity that has shareholders and board of directors.

Hence, we can see that based on the legal requirements of starting a business corporation, the need to meet the state statutory needs and also register the name and article of the incorporation.

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suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced _____.

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Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

What is frictional Unemployment

Frictional unemployment occurs when an individual is temporarily unemployed as a result of searching for new or better job.

This is a time of transition usually from an existing job to a new one.

Therefore, Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

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What do we call risks in the absence of controls and after controls have been implemented?.

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Risk that exists both before and after controls have been put in place is known as inherent risk.

What is risk?

The term "risk" refers to degree of unfortunately and possibility of loss, injury and hazard. Risk is barrier in the organization.

The various risk levels in a process that have not been regulated or mitigated by risk management are referred to as inherent risk. The level of risk present even in the absence of safeguards is known as inherent risk.

As a result, Inherent risk is risk in the absence of controls and after controls have been implemented.

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A broker is concerned about the potential for litigation as a result of actions his licensees may take. He's implementing a risk management plan to reduce the level of risk his firm faces. What's the first step he should take

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A broker first step should take, to identify the risk.

What is risk management?

The process of discovering, evaluating, and controlling risks to an organization's resources and profits is known as risk management.

The risk management process is made up of five fundamental processes that are used to control risk. It starts with identify the risk, analyze the risk, prioritize the risk, treat the risk, monitor the risk.

Hence, the significance of the risk management is aforementioned.

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What leadership theory best informs Skeetar Phelan about the situation she faces in gathering data and stories from Aibileen Clark and Minny Jackson? State the theory and justify your answer.

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The leadership theory best suited to the plot of the movie "The Help" is the participative theory.

What is participative leadership theory?

In this leadership style, the leader is the one who helps and contributes to the work, creating ways to motivate his people and assisting in their needs, increasing team integration and the participation of all members in the decision-making process.

Therefore, in the movie "The Help" we perceive the participative leadership in the actions of Skeeter, who belongs to high society but decides to write a book about the perspective of black maids, helping them in their needs.

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why do firms purchase real assets in the form of capital equipment?

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The reason why firms will often purchase real assets that come as capital equipment is a. to create value for their customers.

Why are capital equipment purchased?

Capital equipment are used in the production of goods and services by companies.

They are therefore bought by companies because the goods and services that they will be used to produce are for customers.

Options for this question include:

a. to create value for their customers.

b. to offer customers less value.

c. to allow them to fire more workers.

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what is a sale promotion

Answers

Answeris one of the elements of the promotional mix. :

Explanation:

Answer:

profit

Explanation:

You take a major selection of items and you increase the amount wanted by a quarter percentage.

A $100 petty cash fund has cash of $17 and receipts of $86. The journal entry to replenish the account would include a

Answers

The journal entry to replenish such a petty cash fund would be a credit to Cash for $83.

How are petty cash funds replenished?

The petty cash fund will have to remain at the same balance of $100 at the end of the period.

In order to do that, the amount to come into the account is:

= 100 - 17

= $83

This amount will be taken from the cash account which is why it is to be credited.

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What term describes the legal ways to use copyrighted material without permission?

Answers

Answer:

Fair use is the right to use a copyrighted work under certain conditions without permission of the copyright owner.

Explanation:

hope this helps you

a good marketer can identify potential opportunities by paying close attention to environmental ________; it is important to continuously monitor the business environment in which a company operates.

Answers

Paying close attention to environmental factors leads to potential opportunities for a good marketer. Such factors include market competition, consumer demand, etc.

   

What are the factors affecting marketer success?

The followings are factors affecting marketer success:

Economic EnvironmentMarket CompetitionLegal EnvironmentDemographic Factors

Thus, there are many other factors that good marketers need to focus on so that they can identify potential opportunities.

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A good marketer can identify potential opportunities by paying close attention to environmental factors it is important to continuously monitor the business environment in which a company operates.

What is business environment?

Business Environment can be referred to as the collection of all internal as well as  external factors that can affect the business.

These factors could be:

 employees customers needs expectations supply and demand

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It's your friends 35th birthday today and you happen to talk to her about her retirement plans. Your friend tells you she is planning to save $5,000 per year for retirement, and has just made her first deposit today. She will invest in a mutual fund that will provide a return of 8% per year. She plans to retire when she turns 65 (and will make 30 annual payments of $5,000 until then), and she expects to live to age 90. Under these assumptions, how much can she spend in each year after she retires? Her first withdrawal will be made one year after she retires (i.e. on her 66th birthday), the last withdrawal on her 90th birthday.

Answers

She can spend $6,480 each year after she retires.

What is a retirement plan?A retirement plan is a financial arrangement created to supplement income received from the job after retirement. Employers, insurance providers, labor unions, the government, or other organizations may establish these programs. By providing advantageous tax treatment to a wide range of plans, Congress has stated a goal to promote sensible retirement planning. The Internal Revenue Code's provisions form the basis for the federal tax features of retirement plans in the United States, while the Employee Retirement Income Security Act's requirements are used by the Department of Labor to govern these plans (ERISA).Solution -

[tex]5000 * 30 = 150,000[/tex]

8% of [tex]150,000 = 12,000[/tex]

The total amount for retirement [tex]= 162,000[/tex]

Number of years to spend money [tex]= 25[/tex]

The money she can spend each year = [tex]\frac{162,000}{25} =6,480[/tex]

Therefore, she can spend $6,480 each year after she retires.

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You are evaluating a potential purchase of several light-duty trucks. The initial cost of the trucks will be $194,000. The trucks fall in the MACRS 5-year class that allows depreciation of 20% the first year, 32% the second year, 19% the third year, 12% the fourth year, 11% the fifth year, and 6% the sixth year. You expect to sell the trucks for 29,100 at the end of five years. The expected revenue associated with the trucks is $155,000 per year with annual operating costs of $81,000. The firm's marginal tax rate is 25.0%. What is the after-tax cash flow associated with the sale of the equipment

Answers

The after-tax cash flow associated with the sale of equipment is $299,325.

What is an initial cost?The initial cost is the typical cost of buying or producing the goods you have on hand.What is an operating cost?Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility. They represent the cost of the resources an organization uses just to stay in business.What is cash flow?The actual or fictitious movement of money is known as cash flow. In finance and accounting, cash flow describes the capital inflows and outflows of particular economic units with the aim of achieving a particular goal within a predetermined window of time. Making an accurate prediction of future cash flows is required in accounting in addition to measuring current cash flows.Solution -

Revenue of 5 years [tex]= 155000 * 5 = 775000[/tex].

Operating cost of 5 years [tex]= 81000 * 5 = 405000[/tex].

Sale of equipment [tex]= 29100[/tex].

Net profit = [tex]775000+29100 - 405000=399100[/tex].

Tax to be deducted at 25% [tex]= 99775[/tex].

Cash flow after tax [tex]399100-99775=299325[/tex].

Therefore, the after-tax cash flow associated with the sale of equipment is $299,325.

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When is a consumer most likely to engage in cognitive decision-making?

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A consumer is most likely to engage in cognitive decision-making when: The outcome of the decision has a high degree of risk.

Cognitive decision-making

A consumer can tend to engage in cognitive decision-making when  the following occur:

When the decision making  mode is most common.When the decision making  is related to the consumer  self-concept. When the outcome or the result of the decision made by the consumer  has a high degree of risk.

Therefore a consumer is most likely to engage in cognitive decision-making when: The outcome of the decision has a high degree of risk.

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Why would a company debit Interest Receivable? Multiple choice question. It paid interest for amounts incurred in an earlier accounting period. It received an interest payment for amounts accrued in an earlier accounting period. It owes interest on its notes payable which will be paid in a later accounting period. It generated interest on its notes receivable which will be collected in a later accounting period.

Answers

It generated interest on its notes receivable which will be collected in a later accounting period.

What are debit interest receivables?The entry is a debit to the cash account and a credit to the interest receivable account when the actual interest payment is received, which eliminates the balance in the interest receivable account.What is the accounting period?In bookkeeping, the time frame for which management accounts and financial statements are created is known as an accounting period. The accounting period in management accounting varies greatly and is chosen by management. Accounting periods are frequently monthly.The honored note is recorded by debiting cash for the amount paid by the customer, crediting notes receivable for the note's principal amount, and crediting interest revenue for the interest generated, presuming no adjustment entries have been made to accumulate interest income.

Therefore, a company will debit interest receivable because It generated interest on its notes receivable which will be collected in a later accounting period.

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Help!!!!!!!!!!!!!!!!!

Answers

Answer:

being untrusting

Explanation:

as you have save all the money in ur home then it's mean that you don't trust any one

g In order to increase the responsiveness of a forecast made using the moving average technique, the number of data points in the average should be:

Answers

In order to increase the responsiveness of a forecast made using the moving average technique, the number of data points in the average should be: A. decreased

What is a Forecast?

This refers to the prediction about a particular thing that is to occur in the future based on available data or inference.

Hence, we can see that based on the use of the moving average technique when increasing the responsiveness of a forecast, there must be a decrease in the average of the data points because fewer data points result in more responsive moving averages.

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The contribution-margin ratio is: Select one: a. the difference between the selling price and the variable cost per unit. b. unit contribution margin divided by the selling price. c. variable cost per unit divided by the selling price. d. fixed cost per unit divided by variable cost per unit. e. unit contribution margin divided by fixed cost per unit.

Answers

In business, the contribution-margin ratio is b. unit contribution margin divided by the selling price.

What is the contribution-margin ratio?

After finding the contribution margin by subtracting the variable costs from the selling costs, you can then find the contribution margin ratio in the following formula:

= (Unit contribution margin) / Selling price

This shows how much of the selling price will be left after variable costs are accounted for.

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The contribution margin ratio is defined as the difference between the selling price and the variable cost per unit.

The contribution margin is the difference between sales revenue and variable costs. It helps businesses calculate how much revenue they will generate from each product sold, after accounting for the cost of producing that product. The contribution margin ratio, also known as the contribution margin percentage, is calculated by dividing the contribution margin per unit by the selling price per unit.

This percentage can be used to determine the break-even point, which is the number of units a business needs to sell in order to cover its fixed costs. The higher the contribution margin ratio, the better, as this means that more of each sale goes towards covering fixed costs and generating profit.

The contribution margin ratio is an important metric for businesses to monitor as it can help them make informed decisions about pricing, production, and sales strategies.

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Substitution and income effects of a change in price of a good may be used to explain the
direct relationship between price and quantity purchased.
O inverse relationship between price and quantity demanded.
direct relationship between price and quantity supplied.
direct relationship between income and demand.

Answers

Substitution and income effects of a change in price of a good may be used to explain the inverse relationship between price and quantity demanded.

What is the income and substitution effect?

The substitution effect looks at the change in price of a good relative to other goods. If the price of a good falls, it becomes cheaper relative to other goods. As a result, consumers buy more of the good relative to other goods.

The income effect looks at how a change in price affects real disposable income. When the price of a good decreases, real disposable income increases. As a result, consumers can afford to buy more of the good as the consumers purchasing power has increased, holding money income constant.

So, when price falls, there is an increase in the quantity demanded. This is an inverse relationship.

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A speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness. True or False ?

Answers

It is true that a speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness.

What is anecdote?

Anecdote are short stories that can be used during presentation to make the audience relate with the story and also follow the speaker.

If a speaker want to be lively anecdote can be used to keep the audience alive.

Therefore,

It is true that a speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness.

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A potential negative result of trade agreements is

Answers

A potential negative result of trade
agreements is JOB LOSS::

Federal regulations require Medicaid to establish and maintain a(n) __________ program, which safeguards against unnecessary or inappropriate use of Medicaid services or excess payments and assesses the quality of those services. a. recipient eligibility verification b. early and periodic screening, diagnostic, and treatment c. eligibility verification d. surveillance and utilization review

Answers

Answer:

SURS surveillance and utilization review subsystem

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Brian ordered 3 large cheese pizzas and a salad. The salad cost $4.95. If he spent a total of $47.60 including the $5 tip, how much did each pizza cost? (Considering there's no tax) Please I really need help Three reasons why the Europeans, western Europe did not travel a long distance before the 15th century Step 3: So, M 12= 60 DegreesUse the drop-down menus to explain whether or not Stuart is corrrect. i would appreciate your help Raphael is ordering a scoop of ice cream. For the flavor, he is given the option of chocolate, strawberry, vanilla, cookies n cream, or peanut butter. For the size, he is given the option of small, medium, or large. For the cone, he is given the option of a sugar cone, waffle cone, or cup. How many possible order combinations are there? The box plots below show attendance at a local movie theater and high school basketball games:Two box plots are shown. The top one is labeled Movies. Minimum at 130, Q1 at 162, median at 185, Q3 at 195, maximum at 290. The bottom box plot is labeled Basketball games. Minimum at 85, Q1 at 170, median at 200, Q3 at 225, maximum at 230.Which of the following best describes how to measure the spread of the data?- The IQR is a better measure of spread for movies than it is for basketball games.- The standard deviation is a better measure of spread for movies than it is for - basketball games.- The IQR is the best measurement of spread for games and movies.- The standard deviation is the best measurement of spread for games and movies. can any one help meeeeeeeeeeeeee A student drops a water balloon out of a dorm window 17 m above the ground. What is its speed when it hits the ground? Solve the following triangle. Round side measure to the nearest tenth and angle measure to the nearest degree: Create a real-life representation of the following multiplication problem. Explain what the result represents in the problem. 24(1/3) = 8 The chest-and-arm stretch squeezes __________ You plan to participate in an educational event sponsored by a large regional health care system. One of your colleagues suggests that you do a presentation on one of the Medicare Health plans you market and modify it to include information about preventive screening tests showcased at the event. How should you respond to your colleagues suggestion? What is the slope of the line thatpasses through these two points?(2,3)(2,9) Here are the guide questions aligned with the three elements 1. What is the main figure in the artwork?2. What are the materials or objects used by the artist? 3. What is the main element of the artwork? which types of media mostly follow journalism standards give two examples of contact force and non contact force Find the x-intercept of 2x+2y=2 Diego is conducting an experiment to investigate how temperature affects chemical change. He has three pieces of cheese that he just bought from the store. He left one piece of cheese outside, one on the kitchen counter, and one in the refrigerator. His prediction is that the piece in the refrigerator will not mold, the one on the counter will mold a little, and the one outside will mold a lot. Select the conclusion The piece of cheese in the refrigerator had the most amount of chemical change. The piece of cheese on the counter had the most amount of chemical change. The piece of cheese in the refrigerator had the least amount of chemical change. The piece of cheese outside had the least amount of chemical change. Which event described in chapter 1 of The Scarlet Letter takes place as the story begins?Officials lock the jail door.A rose bush is planted.A crowd gathers at the jail.Puritans visit the cemetery. Lar San If I were a bird,' I sky. (conditional clause) (fy) in the