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zhuklara [117]
4 years ago
5

Choose the appropriate term for each statement. Word Choices:

Business
1 answer:
Tanzania [10]4 years ago
5 0

Answer:

1.  Keynesian economists think that <u>_Income</u> is the key determinant of consumption and spending.

2. Classical economists think that the higher the _interest rates____, the more people will save, which means that they will consume less.

3. A person's _<u>expectations </u>about how much income he/she will earn in the future as well as future prices could shape how much he/she spends and saves today.

4.  The more _<u>wealth</u> the person has, the less current consumption he/she undertakes.

5. A person's total income can be divided into three components: consumption, savings, and <u>household debt</u>.

6. Savings, which is total income minus consumption and taxes, can be used to create more __<u>taxes</u>.

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Direct effects of FDI arise when jobs are created in local suppliers as a result of the FDI and when jobs are created because of
Bond [772]

Answer:

The correct answer is False.

Explanation:

Foreign direct investment, in socialization is the placement of long-term capital in some part of the world, for the creation of agricultural, industrial and service companies, with the purpose of internationalizing.

There are several reasons for a company to decide to invest in another country. Almost all the arguments that have been offered for the existence of FDI can be grouped under three basic objectives: the attempt to participate in new markets, increase production efficiency through cost reductions and the attempt to exploit certain strategic assets. Next we will explain in more detail each of these three objectives.

3 0
3 years ago
The monopolist, like the perfect competitor, will maximize profits at the output where marginal revenue equals marginal cost.
spayn [35]
When marginal profit turns negative, producing more output will decrease total profits. Total profit is maximized where marginal revenue equals marginal cost. In this example, maximum profit occurs at 4 units of output.
6 0
3 years ago
What is the difference between division of labour and specialisation?
Rus_ich [418]

Answer:

Specialization refers to an individual while division of labor is social or refers to society (the aggregation of individuals). Division of labour is the separation of the production process into different operations, from intellectual to manual, from each process in a production line, from country to country, etc.

7 0
3 years ago
A ____________ approach to solving the recession in this example would have no uncertainty regarding the attainment of the short
Ksju [112]

Answer:

monetarist approach                            

Explanation:

Monetarism relates to the school of thought that prioritizes the function of government agencies in regulating the number of resources in circulation in monetary economics. Monetarist theory argues that differences in the currency supply have significant short-term and longer-term impacts on federal output and price rates.

If a country's money supply decreases, business activity will rise, as per monetarist theory; the opposite is also correct. The monetarist philosophy is driven by a standard equation, MV= PQ, in which M will be the money supply, V is just the pace and P refers to the price of commodities, and Q is the sum of commodities.    

5 0
3 years ago
In companies using a fixed-order quantity model, a consistent inventory level is used as a trigger to order more product. This i
Zielflug [23.3K]

Answer:

Reorder point

Explanation:

A company or organization making use of fixed-order quantity model which is a model where the REORDER POINT has been fixed and has already been set automatic in which once it reach the minimum inventory level it will remind the company that inventory level has reach the limit for the company to restore the stock inventory or order more product, which is why this inventory level is called the REORDER POINT.

Therefore REORDER POINT can be defined as the point which serve as a reminder that the stock inventory level has dropped to the minimum reorder level and need to be replaced or reorder.

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3 years ago
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