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2 years ago

A recession within a nation will _________ imports directly, but the impact on the national economy is negative.

1 answer:

4 0

A recession within a nation will <u>reduce</u> imports directly, but the impact on the national economy is negative.

Monetary policy. monetary policy consists of the steps the central bank of a nation can take in order to regulate the nation's money supply. For example, a central bank might reduce interest rates during a recession in order to make loans more readily available to other banks and thus stimulate economic recovery.

During a recession, the economic struggles, people lose work, companies make fewer sales, and the country's overall economic output decline. The point at which the financial system officially falls right into a recession relies upon an expansion of things.

Monetary policy can offset a downturn due to the fact that decreased interest rates reduce consumers' cost of borrowing to shop for large-ticket objects such as cars or homes. For firms, the economic policy also can reduce the value of an investment.

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Smith Machining makes three products. The company’s annual budget includes $1,048,000 of overhead. In the past, the company allo

Flauer [41]

Answer:

The computation is shown below:

Explanation:

a. The company overhead rate based on direct labor is

= Total Overheads ÷ Direct Labor Hours

= $1,048,000 ÷ 40,000

= $26.2 per hour

b) Overheads Rate using Activity Based Costing is

= Cost ÷ Activity level

For Order Processing, it is

= $226,800 ÷ 14,000 orders

= $16.2 per order

For setups, it is

= $157850 ÷ 4,100 setup

= $38.5 per setup

For Milling, it is

= $395,850 ÷ 20,300 machine hours

= $19.5 per machine hour

For Shipping

= $267,500 ÷ 25,000

= $10.7 per shipment

We simply applied the above formula so that the per unit could come

6 0

3 years ago

Imagine that after completing your economics course (you get an A, of course) you are at a family gathering. Your grandmother as

Maksim231197 [3]

Answer:

$16,875

Explanation:

The amount received per year is $15,000 and the CPI increased from 144 to 162

Inflation rate = (New CPI - Old CPI)/Old CPI * 100

Inflation rate = 162-144/144 * 100

Inflation rate = 0.125

Inflation rate = 12.5%

Amount received = $15,000 * 12.5% = $1,875

==> $15,000 + $1,875 = $16,875

So, Grandmother will receive $16,875

3 0

2 years ago

Tom strongly believes that raising tax rates for the rich is the only way to steer the economy out of a recession because it is

BabaBlast [244]

The answer to the blank space is a contrast effect. A contrast effect is defined as a psychological bias where individuals are prone to evaluating that a stimulus is more positive because a similar stimulus was previously perceived as negative.

This is what is going on with Tom; despite having been presented information by Sam regarding how low taxes in general creates higher tax revenue, Tom still believes that taxing the rich would generate greater tax revenue to reduce the effect of recession.

4 0

2 years ago

Which questions about risk should someone ask before making a big purchase? Check all that apply.

IceJOKER [234]

Answer:

Explanation:

If you need buy it, if it's a want not a need don't buy it

6 0

3 years ago

An office telephone system cost $32,000.00 with an estimated residual value of $2,000.00. The system has an estimated useful lif

Amanda [17]

Sum of the year's digits is 5 + 4 + 3 + 2 +1 = 15 years.
Depreciation base: 32,000 - 2,000 = 30,000
The depreciation applied in any year is the depreciation base times (number of years remaining divided by 15). The first year has the highest depreciation, and the fifth year has the lowest.
Depreciation:
1st Year: Dep Base x 5/15
2nd Year: Dep Base x 4/15
3rd Year: Dep Base x 3/15
4th Year: Dep Base x 2/15 = 30,000 x 2/15 = 4,000
5th Year: Dep Base x 1/15

Answer is $4,000

6 0

3 years ago