Answer:
1.6 Q1 + 0.875 Q2 = $56
Explanation:
Budget constraint equation represents the total budget allocation to different activities under consideration.
old Budget Constraint
Q1 + Q2 = $56
New Budget Constraint
(Q1)*8/5 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*0.875 = $56
1.6 Q1 + 0.875 Q2 = $56
So best answer made based on data available.
A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made.
b. Immediate value of bequest is $3,000 After one year it needto be 1.16*3,000=$3,480 Plus the second payment will be 1.04*3,000=$3,120
The actions of Mulally in doing the above can be said to be part of his <u>Strategy </u>for <u>Ford</u>.
<h3>Actions by John Mulally.</h3>
- Were done to turn Ford Motors around so that it would be successful again.
- Involved closing down plants and increasing labor productivity.
John Mulally was the CEO of Ford Motors and when he took over, Ford needed a turnaround in their fortunes. He engineered a series of changes to ensure that Ford would be competitive again.
In conclusion, this was his strategy.
Find out more on labor productivity at brainly.com/question/6430277.
Three ways to improve human capital are education and training, monitoring performance, and hiring qualified people.
Answer:
C) Households may save part of the additional income from the tax cut
Explanation:
When we consider the total household income there is always a major part that is spent, this is called propensity to consume. It is defined as the proportion of total income that consumers are willing to spend.
But propensity to consume doesn't include 100% of household income, there also exists the propensity to save. That is the exact opposite, is the proportion of our income that we will save for future use.
Luckily for us all, the propensity to spend is usually much higher than the propensity to save. We have to remember that private consumption represents nearly 70% of the nation's GDP.
What households save goes to investment in GDP. Investment is always needed but it represents future growth of the GDP while consumption represents current growth of the GDP.
