1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlada [557]
3 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]3 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.
You might be interested in
Suppose real GDP is forecasted to grow by 2.78 %, the velocity of money has been stable, and the Fed announces an inflation targ
Vadim26 [7]

Answer: 6.48%

Explanation:

This can be solved using the Quantity theory of money;

MV = PY

When dealing with changes, formula changes to;

% change in Money Supply + %change in velocity = %change in price + %change in real GDP

Velocity has been stable so will be zero.

change in money supply = 3.70% + 2.78%

= 6.48%

6 0
3 years ago
Mayfield Company sells two products, Blue models and Plaid models. Blue models sell for $43 per unit with variable costs of $30
alekssr [168]

Answer:

Break-even point in total units=  951.7units

Explanation:

<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss</em>.

It is calculated using this formula:

<em>Break-even point (in units) = Fixed cost/ average contribution per unit</em>

                                                          <em>  Blue                          Plaid</em>

Contribution per unit                43-30 = 13                   52-45 = 7

<em>Average contribution per unit </em>

= ( (13× 4) + (7×5) )/9

= $ 9.66 per unit

<em>Break-even point in total units</em>

= $9200/$ 9.66

= 951.7units

Break-even point in total units= 951.7units

           

6 0
3 years ago
The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. this is an example of a(n)?
labwork [276]

The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. This is an example of a deferral adjustment.

It is a deferral adjustment on account that a current asset had been used up, which means its miles deferred like supplies expenses are recorded on the year stop relying upon how much resources had been used in the course of the year.

Deferrals are adjusting entries for items bought earlier and used up in the destiny (deferred fees) or whilst coins are received in advance and earned inside the future (deferred sales).

The primary distinction between accrual and a deferral is that accrual is used to deliver forward an accounting transaction into the current period for recognition, whilst a deferral is used to put off such popularity until a later length.

Learn more about deferral adjustment here brainly.com/question/16967814

#SPJ4

5 0
1 year ago
According to the marginal productivity theory of income
Anna71 [15]

Answer:

The income received by an individual who supplies labor services equals the incremental benefit generated to the firm by the individual´s labor

Explanation:

The marginal productivity theory of income or wages states:  firms pay a salary that is equal to the extra benefit a (that is why is marginal; an extra unit in this case is an extra unit of labor) worker represents in output of production. In other words, if the firm employees a new worker, its salary would be equal to the extra output produced by him or her (marginal product of labor). Because of this, wages depend on the production function each firm has. The mathematical formula to get the marginal product of labor is: dF/dL, where F is the production function and L represent labor in it.

5 0
3 years ago
A production line is to be designed to make 500 El-More dolls per day. Each doll requires 11 activities totaling 16 minutes of w
aniked [119]

Answer:

The required cycle time for this assembly line is 2 minutes. The rigtht answer is c.

Explanation:

Acording to the data, we have the following:

Daily operating time= factory operates 1000 minutes per day

Scheduled output=make 500 El-More dolls per day

Therefore, to calculate the required cycle time for this assembly line we have to use the following formula:

Cycle time = daily operating time divided by the scheduled output

                  = 1000 / 500 = 2 minutes

The required cycle time for this assembly line is 2 minutes.

6 0
3 years ago
Read 2 more answers
Other questions:
  • The text uses __________ as an example of a set of people with a history as a counterculture in the u.s.
    6·1 answer
  • Brady recently graduated from SUNY–New Paltz with his bachelor’s degree. He works for Makarov &amp; Company CPAs. The firm pays
    6·2 answers
  • The Carla Vista Timber Company has the following ratios: Net sales/Total assets = 3.00; ROA = 9.30%; ROE = 16.1%. What are Carla
    11·2 answers
  • After the previous sales representative in his territory infuriated an important customer, Benjamin visited the customer once a
    11·1 answer
  • The year-end adjusted trial balance of Hilltoppers Corporation included the following account balances: Cash, $3,600; Equipment,
    8·1 answer
  • Brian, an industrial equipment sales rep, purchases a quick snack to eat on the way to work. he buys lunch while on the road vis
    13·1 answer
  • Joe verbally contracts with Delia to sell his farm to Delia. They do not sign a contract, but Delia takes possession, makes a do
    6·1 answer
  • The WBS is best suited for design and construction projects that have tangible outcomes. When the final outcome of the project i
    9·1 answer
  • If at the end of a period, a company has $400 in cash, $100 in accounts
    15·1 answer
  • g 5. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!