C
medical equipment is an essential material
Answer: Managed Float
Explanation:
Also called "Dirty Float", the Managed float is an exchange rate system that allows for the currency of a country to be set by the forces of demand and supply in the market.
However, unlike in a clean float, the Central bank will occasionally intervene in the market to influence the how fast the currency is changing value or to control the direction it is going.
This is usually done to protect the domestic economy from sudden shocks in the global economy.
<u>After consumption spending</u><u> results when consumers become apprehensive about their job security and their </u><u>financial security.</u>
What happens to the price level as a result of an increase in spending ?
- As the average price level falls¸ consumers have more financial wealth and decide to increase spending.
- As spending increases, there will be upward pressure on the price of inputs including wages.
- As the marginal cost of production rises, businesses start to increase prices as they attempt to produce more.
What happens to the level of unemployment because of the increased spending?
- The higher spending causes businesses to raise prices. The economy returns to full employment at a higher price level.
- If the economy is left alone, the increased unemployment will eventually cause wages to fall and the economy will return to full employment at a lower price level.
What are the effects of unemployment essay?
- Effects of unemployment include over exploitation of available labor, reduced rate of economic growth, reduced human capacity, loss of human resources and increase in poverty levels .
- One positive effect of unemployment is the availability of adequate labor at reduced market prices.
Learn more about The higher spending
brainly.com/question/15511088
#SPJ4
Answer:
$5,000
Explanation:
common fixed expenses = Contribution Margin - Net Income - traceable fixed expenses
= $41,600 + $121,950 - $34,000 - $59,100
= $70,450
Corbel Corporation's common fixed expenses were, $70,450