Interpret and explain the yed for bicycles

Assignment Help Macroeconomics
Reference no: EM131263796

Due to rising unemployment , bike sales are rising across the USA. The bike industry estimates that , all else equal, a 1% fall in average income leads to a 1.5% increase in the sale of bicycles. Calculate, interpret and explain the YED for bicycles.

Reference no: EM131263796

Questions Cloud

Identify specific training initiatives you would recommend : Design a needs assessment plan and identify three specific training initiatives you would recommend for these employees. Include the expected outcomes for the three training initiatives in your proposal.
Coming out and straightforwardly stating his position : How does he lead his reader to that conclusion without coming out and straightforwardly stating his position? Why do you think Singer chooses not to state his position?
Create a script to accompany the presentation : Throughout the class, you have analyzed many aspects of your company. Now you will put it all together in a presentation format. Your presentation will provide a comprehensive look at the marketing plan for your company's product. You are permitte..
What is the first step in planning an early childhood : What is the first step in planning an early childhood education environment? Of the following areas in Ms. Melanie's four-year-old preschool classroom, which is considered an interest center?
Interpret and explain the yed for bicycles : Due to rising unemployment , bike sales are rising across the USA. The bike industry estimates that , all else equal, a 1% fall in average income leads to a 1.5% increase in the sale of bicycles. Calculate, interpret and explain the YED for bicyc..
How do you think goals can be used as motivators : Think about Victor Vroom's expectancy theory. Thinking back to Shimon and the bike riders, do you think the three expectancy variables were a factor in their ability to ride the course Shimon proposed? Explain why or why not. How do you think goa..
Identifies and explains the strong points of the managers : Identifies and explains the strong points of the managers. Identifies and explains areas in which improvements are needed. Be sure to use a minimum of 5 external sources to support your analysis.
How many decibels this system is inferior to a dsb-sc system : An AM transmitter is modulated 40% by a sine-wave audio test tone. This AM signal is transmitted over an additive white Gaussian noise channel. Evaluate the noise performance of this system and determine by how many decibels this system is inferio..
What competencies were you able to develop in researching : What competencies were you able to develop in researching and writing the Comprehensive Project due in Unit 5? How did you leverage feedback from your peers in the Discussion Board for Units 1- 4 in completing the Project? How will these competenc..

Reviews

Write a Review

Macroeconomics Questions & Answers

  What is a situation in which this might happen in a

what is a situation in which this might happen in a business? i dont want a numerical solution. rather i want to know

  What roles do vision, mission, and strategy play

1. What roles do vision, mission, and strategy play in the development of a Balanced Scorecard? 2.Under what circumstances should an organization's or an individual's Balanced Scorecard be revised?

  Define long-run phillip curves in the two types of countries

In a country such as Japan that has had verylittle inflation in recent memory, it will take longer for a changein the actual inflation rate to be reflected in a correspondingchange in the expected inflation rate.

  Consequences of designing a system

What are the short term and long term consequences of designing a system with contract-to-logic coupling? What are the effects on the service itself and what are the effects on the overall service inventory when this occurs? Using research and you..

  Categorising the utility functions

Rachel utility function is given by U= I 1/2 , where I represents annual income in thousands of dollars. Assume Rachel is currently earning income of $23,000 (I =23) and can earn that income next year with certainty.

  How should the manager of donut ville acquire the flour

donut ville caters to its retirement population by selling over 10,000 donuts each week. to produce that many donuts weekly, donut ville uses 1,000 pounds of flour, which must be delivered by 5:00 AM every friday morning.

  Suppose megabus nds a way to determine if a potential rider

suppose megabus nds a way to determine if a potential rider is a student or not. they use this information to engage in

  Calculate the level of output per period

Using the second method, fixed costs are £8,750,000 per period and variable costs are £180 per unit. Calculate the level of output per period for which the total costs are the same.

  Compute the equilibrium level of income

Suppose that consumption schedule for a private open economy is such that consumption C=50+0.8Y. Suppose further that planned investment Ig and net exports Xn are independent of the level of real GDP

  What is the consumer expenditure survey

What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.

  What is the annual money growth rate

Discuss the short-run effect on output, unemployment, general price level and interest rate with a substantial increase In the factor cost of production.

  Assume smith owns and works in a bakery located

Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd