The correct answer is letter A. <span>Economic efficiency can be stimulated in a country by a government through deregulation and <u>DECENTRALIZATION.</u>
Decentralization is the transfer of authority from the central government to the local government. When this happens, the central government is empowering the local government to boost their economies. This decision may also decongest the economic boom in small areas and dissipate the opportunity to other rural areas giving a lot of people enough opportunities and chances for work and economic growth.</span>
Answer:
$270,000
Explanation:
Estimated increase in sales of 20%
Clothespins per year 75 tons
Sales of Clothespins 18,000 per ton
Hence
0.20 × 75 × 18,000 = $270,000
Therefore what will be the increase in revenue next year from the new equipment will be $270,000
Answer:
The value of nominal GDP in years 1 and 2 respectively is:
Explanation:
real GDP is based on the prices of a base year and it is affected by the total output of goods and services, not the nominal value of the goods and services.
real GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900
real GDP year 2 = ($3 x 110 balls) + ($8 x 80 pizzas) = $970
nominal GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900
nominal GDP year 2 = ($3.25 x 110 balls) + ($9 x 80 pizzas) = $1,077.50
Answer:
$570,000
Explanation:
Total machine maintenance cost calculation.
Depreciation expenses $20,000
Operating cost
($275,000 MH × $2). $550,000
Total machine machine maintenance cost $570,000
Therefore, the total machine maintenance cost of the machine is $570,000
Answer:
d. the search process of matching workers with jobs.
Explanation:
Frictional unemployment is also called "Search Unemployement" is base on the individual's circumstances and is independent of the economy. Commonly is the time "between jobs" when the person is searching for a new job or transitioning from one job to another. This is a temporary unemployement and it can be though like a good sign for the economy since it idemonstrates that people are looking a better job that the one they had before.