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3 years ago

Who pleads with big business to hire again in great depression?

Business

2 answers:

kaheart [24]3 years ago

7 0

I believe the answer is: President Hoover

During the great depression, president Hoover made the plead since he believed that reducing the amount of unemployment would means that there would be more consumers that able to purchase products in the market. This ideally would start to bring America out of the depression.

But in the end, the plea made by president hoover fails since the majority of companies do not possess enough money to keep all of their employees.

Liula [17]3 years ago

7 0

<span>It was President Herbert Hoover. When the Great Depression began, he called the business leaders to meet him and he asked them to keep up the production or not to lay off workers or cut wages. He believed that helping one another and not relying on government aid is the way to end Great Depression.<span>
</span></span>

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Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can

likoan [24]

Answer:

D. Neither country could gain from trade with each other because neither one has a comparative advantage

Explanation:

Opportunity cost refers to the units sacrificed from production of one good to produce an extra unit of another good.

In the given case, the number of workers are same.

The opportunity cost for producing corn instead of oats by Cornland would be : 10/40 units of oats = 0.4 units of oats

Similarly, the opportunity cost for producing corn by Oatland = 5/ 20 = 0.4 units of oats

Similarly, the opportunity cost for producing oats by Cornland = 4 units of corn

Opportunity cost for producing oats by Oatland = 4 units of corn.

As can be seen, none of the two i.e Cornland or Oatland enjoys a comparative advantage over other since for both, the opportunity cost is the same.

Hence, neither country would gain out of trade.

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3 years ago

Zellars, Inc. is considering two mutually exclusive projects. A and B. Project A costs $75,000 and is expected to generate $48,0

katrin [286]

Answer:

A. $18, 097

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

The npv can be calculated using a financial calculator

Cash flow in year 0 = $-80,000

Cash flow in year 1 = $34,000

Cash flow in year 2 = $37,000

Cash flow in year 3 = $26,000

Cash flow in year 4 = $25,000

I = 10%

NPV = $18,097.12

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0

2 years ago

Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.

lutik1710 [3]

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

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2 years ago

Assume that a currency's spot and future prices are the same, and the currency's interest rate is higher than the U.S. rate. The

Andrei [34K]

Answer:

put upward pressure on; put downward pressure on

The actions of U.S. investors to lock in this higher foreign return would PUT UPWARD PRESSURE ON the currency's spot rate and PUT DOWNWARD PRESSURE ON the currency's futures price.

Explanation:

If both the spot and the forward price of a currency are the same, it means that it should be worth the same today than in the future. If you can earn higher interest by investing in that foreign currency, then investors will start purchasing higher amounts of the foreign in order to invest and gain higher rates.

Since the demand for the foreign currency increases, that put upward pressure its current price. Simply more investors will want to invest in that currency. While that happens right now, the market will tend to adjust to correct this arbitrage, and the way this can be adjusted is by lowering the future price of the currency. That puts downward pressure on the forward rate.

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3 years ago

The demand for loanable funds depends on future income.<br><br> a. True<br> b. False

aliina [53]

Answer:

The answer is "Option b".

Explanation:

The Loanable funds are the amount of all the assets that individuals and companies have agreed to save and lend to creditors instead of for personal use, as an investment.

The earnings are also the foundation for supplying loanable funds. That request for credit funds is focused on lending. This relationship among saving provision and loan request decides its real rate as well as the sum of loans.

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2 years ago