Each of the scenarios considers a change in the aggregate price level. indicate whether the scenario demonstrates the wealth effect (aka the real balances effect) or the interest rate effect. after an increase in the aggregate price level, jasper realizes that the $300 in his checking account can now only buy as many lattes as $200 would have bought a year ago. as a result, he decides to purchase fewer lattes. abe notices an increase in the aggregate price of goods during the three years he has been charting his costs. due to the increase, he decides to use less of his money to finance investment spending for his business. micah decides to increase savings in order to finance the remodeling of his home rather than seek a loan. ivan notices a decrease in the aggregate price level of 10%, so he decides to spend more of his $3,500 in savings than he had originally planned to spend. wealth effect wealth effect interest rate effect wealth effect answer bank

Jelly has joined drakes team drake sends kelly an email explaining details of the project that she will be working on which of these is good etiquette

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.