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1 year ago

Keynesian economics argues for the use of _____ policy to stabilize the economy.

Business

1 answer:

slavikrds [6]1 year ago

8 0

Answer:

Keynesian economics argues for the use of active government policy to stabilize the economy.

Explanation:

In order to alleviate or avert economic recessions, Keynesian economics places a strong emphasis on the employment of proactive government policy to control aggregate demand. Keynes contended that lengthy periods of high unemployment might result from a lack of general demand. Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's amount of goods and services.

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Thomas Martin receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 hours during a week

baherus [9]

<u>Answer:</u> $735

<u>Explanation:</u>

Calculation of regular earnings

Earnings at regular rate= Wage rate per hour x hours of work

= (15 x 40)

=$600

Calculation of additional hours income

Earnings at overtime rate=( 6(15 x 1.5))

=$135

Total gross pay = 600+135

=$735

The gross pay for martin is $735. The other deductions are made in the gross pay to arrive at the net pay. Deductions such as federal income tax, security tax rate and medicare tax rate is deducted from gross pay to find net pay.

5 0

3 years ago

Using the information below, calculate gross profit for the period: Beginning Raw Materials Inventory$25,000 Ending Raw Mater

nevsk [136]

Answer:

Gross Profit 714,000

Explanation:

Gross Proft: is the diference between the sales revenue and the cost of the goods sold.

Sales revenue 1,254,000

Cost of Goods Sold (540,000)

Gross Profit 714,000

note: All the other account and values are irrelevant to determinate the gross profit.

<u>Other way to calculate gross profit:</u>

(sale price per unit - cost per unit) x unit sold

5 0

3 years ago

If denied a loan, which of the following changes to your application process will not increase your chances of approval when you

fredd [130]

Answer:

a. Apply for a larger loan amount.

Explanation:

In the case when the loan is re-applied after rejecting so if we applying for a larger loan should be rejected even quickly. As if the financial insitution found that the smaller amount loan is been rejected so application made for larger amount of loan should not be helped out for approve. Also there is proper tracking of loans with regard to the customer names

Hence, the option a is correct

6 0

3 years ago

Melissa is a salaried employee who earns roughly the same amount in every paycheck. Why would it be a great idea for her to set

babymother [125]

It will be a good idea to set up an automatic transfer every pay period because its prevents anyone from forgetting to pay yourself first as well as preventing to spend the said money.

<h3>What is an automatic transfer?</h3>

An automatic transfer refers to an arrangement whereby a preset transfers is done from customer's account on a regular basis to another accounting.

In conclusion, the automatic transfer is very effective in maintaining a strict saving culture because its prevent the spending of disposable income.