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FrozenT [24]
4 years ago
10

) The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 e

ach, jeans cost $40 per pair, and milk cost $3 per gallon. In 2017, the price of pizzas went down to $8 each, while the prices of jeans and milk remained the same. Between 2016 and 2017, a typical family's cost of living: A) increased by 4.5 percent.
Business
1 answer:
Verdich [7]4 years ago
5 0

Answer: um... Imma say 6 i guess i don't really know

Explanation:

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A major reason for the end of the Great Depression was an increase in government spending 1. for Social Security 2. for space ex
labwork [276]

Answer:

4. Associated with the war effort

Explanation:

Economists and historians hold the view that the beginning of World War II in 1939 was a major event that ended the Great Depression. This is as a result of the Government's spending on the preparation forward at the very least accelerated the recovery from the depression.

For instance, it is believed that policies such as the rearmament policies helped to stimulate Europe's economy by reducing unemployment between 1937 and 1939 and the start of the war brought an end to the unemployment siege that was prevalent during the Depression

The reduction in the unemployment rate as a result of spending on the war was also witnessed in the United States as historians and economists believed that US' entry into the war n 1941 drastically reduced the rate of unemployment to below 10%.

What exactly was this spending associated with war efforts, the government in preparation for the war started enacting policies that established numerous contracts on arms and equipment with many private contractors and businessmen and these companies needed to employ people and also commit to these contracts to secure their gains and these were very key in ending the Great Depression.

3 0
4 years ago
Clever Computers has a five-day workweek and pays the office staff $3,050 each week. If the month ends on a Thursday, the adjust
Oksana_A [137]

Answer: The correct answer is b.$3,050.

Explanation: Clever Computers has a five-day workweek and pays $3,050 each week. The payment will only occur at the end of the workweek when the staff have earned the wages. However, the month ended on Thursday, meaning that the staff have only worked for four-day workweek. They have therefore earned $2,440 (4/5*$3,050) at the end of the month but that payment is not due because the 5-day workweek has not been completed. The complete journals the company would raise would be Debit Wages (overhead) $2,440, Debit Wages receivable $610 and Cr Wages payable $3,050.

When it is next month after the five-day workweek has been completed, the company would Dr Wages Payable $3,050 and Credit Cash $3,050 to make the payment.

4 0
3 years ago
Scenario 13-20 suppose that a given firm experiences decreasing marginal product of labor with the addition of each worker regar
Viktor [21]

Answer:

U-shaped

Explanation:

Since the marginal product of labor is decreasing, the average variable costs and marginal costs will be increasing at all points, but the average fixed costs will be decreasing. That is why the average total costs (which includes both variable and fixed costs per unit) will be U-shaped since they will fall at the beginning when the decrease in marginal product of labor is small, bu then will increase as the marginal product of labor falls even more.

7 0
3 years ago
If Ben values good X more than good Y and Catherine values good Y more than good X a firm can increase its profits by
german

Answer:

D. bundling the goods

Explanation:

The company in this case is being discreet to the needs of its consumers.

Inorder to kill two birds with one stone; meaning to meet their consumers value for good X and Y they could make more profits by selling them together as a package.

By doing so both Catherine and Ben would purchase same package, reducing the costs of producing separate products for the company.

6 0
3 years ago
If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal
SIZIF [17.4K]
Income                   $42,500
Less:
Deductions           <u>           0</u>
Taxable Income    $42,500
Tax rate                  <u> x        10%</u>
Tax payable             $4,250

Bear in mind that since the problem is silent, I have assumed that deductions based on marital status, exemptions, PERS or TIAA/CREF retirement contributions are all equivalent to zero (0).


5 0
3 years ago
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