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Vlada [557]
2 years ago
6

The british economist john maynard keynes believed that recovery from the great depression required first abandoning the:

Business
1 answer:
kirza4 [7]2 years ago
7 0
John Maynard Keynes is known for his economic theory called Keynesian economics. He studied on ways to resolve the problem of the Great Depression. According to Keynes, the government should abandon or reduce tax rates, and at the same time, increase government spending as investments. By increasing government expenditures, it would open more job opportunities and investments into an economic zone. People will have high earnings, and because of lower taxes, they could buy what they want. For Keynes, this type of economic system called capitalism is the solution for the Great Depression.
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According to the Fisher Effect, the expected rate of inflation does not influence the:________.
Alekssandra [29.7K]

Answer:

ex ante real interest rate.

Explanation:

According to Fisher effect the expected inflation rate will affect indices like nominal interest rate, current prices of goods, and the demand for money.

However it does not affect the ex ante real interest rate.

The Fisher effect shows how real interest rate is related to nominal interest rate.

Real interest rate = Nominal interest rate - Expected inflation rate

Ex ante real interest rate is the anticipated real interest rate in the future.

This is not considered in the Fisher effect

6 0
2 years ago
Using the following information, prepare a vertical analysis of two years' income statements. Fees Earned is $153,500 for Year 2
ValentinkaMS [17]

Answer:

(B) Operating income has increased as a percentage of revenue

Explanation:

Conducting a vertical analysis,

Operating income (year 1) = Fees earned, less operating expenses

= 149,700 - 127,245 = $22,455

Therefore operating income as a percentage of revenue = 22,455/149,700 = 15%.

Operating income (year 2) = 153,500 - 122,800 = $30,700

Therefore operating income as a percentage of revenue = 30,700/153,500 = 20%.

Therefore, operating income as a percentage of revenue increased from year 1 to year 2.

7 0
3 years ago
Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $9,000 eac
a_sh-v [17]

Answer:

Value of scholarship today = $30,484.90

Explanation:

The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.

This can be computed using the formula below

Present Value = Annual cash flow ×  (1- (1+r)^(-n)/r)

n -number of years, r-interest rate

rate r- 7%, n=4, Annual  cash flow = 9,000

Present Value = 9,000× (1-1.07^-4)/0.07

                      = 9,000× 3.3872

                      = $30,484.90

Value of scholarship today = $30,484.90

4 0
3 years ago
Employees who are paid a portion of the profit from the sale of a product or service are paid on a(n) _____ basis. salary commis
Tasya [4]

Answer:

The right answer to complete the sentence above is "sales profits and duration of work hours"

<em> Employees who are paid part of the profits from the sale of products or services are paid based on </em><em>sales profits and the duration of work hours</em><em>. commission for hourly contract pay</em>

<em />

Explanation:

Because the salary earned by the employees is from the hourly duration they work. And the profits from the sale of products also form part of the duration of working hours. The longer the duration of work hours, the more likely the product is sold. So the benefits are based on sales profits and the duration of work hours.

#AnswerForTrees

3 0
3 years ago
Read 2 more answers
Why is it important for a company to pay attention to its
Luden [163]

The company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.

<h3>What is CSR?</h3>

Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders.

Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community.

Hence, the company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.

Learn more about CSR here : brainly.com/question/14624782

8 0
2 years ago
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