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3 years ago

What causes unemployment post-keynesianism?

Business

1 answer:

Harlamova29_29 [7]3 years ago

4 0

Answer:

involuntary employment

Explanation:

The Post-Keynesianism view is that effective demand is the main determinant of economic performance.

Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.

For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to involuntary employment.

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Firms that spend the greatest percentage of their revenue on advertising tend to be firms that sell A. goods produced by natural

Katena32 [7]

Answer:

B. This is a firm that sell highly differentiated consumer goods

Explanation:

This tends to explain monopolistic competition type of market in which many firms sell products that are similar but not identical. In this market there are many sellers or firms competing for the same group of customers. It is a market structure that lies between the extreme cases of competition and monopoly. Hence, many producer or firm uses advertisement to attract many customer and they spend large percentage of their profit on advertisement in order to control the larger part of customers in the market.

8 0

4 years ago

In 1880 five aboriginal trackers were each promised the equivalent of 100 Australian dollars for helping to capture the notoriou

SSSSS [86.1K]

Answer: If interest rate was 4%= $180.09. If interest rate was 8%= $317.22

Explanation:

Assuming that the aboriginal trackers were promised the $100 at the beginning of the year 1880 and the claim was also made at the beginning of the year 1995.

Number of years from 1880-1995 = 15 years

If the interest rate was 4%

= 100*(1+4%)^15

= $180.09

If the interest rate was 8%

= 100*(1+8%)^15

= $317.22

7 0

3 years ago

Top Company holds 90 percent of Bottom Company’s common stock. In the current year, Top reports sales of $906,000 and cost of go

timama [110]

Answer and Explanation:

The computation of the consolidated sales and cost of goods sold is shown below:

For consolidated sales

= Top reported sales + bottom reported sales + inter entity sales

= $906,000 + $319,000 - $138,000

= $1,087,000

And the cost of goods sold is

= Top reported cost of goods sold + bottom reported cost of goods sold - intra entity sales + ending gross profit unrealized

= $679,500 + $207,350 - $138,000 + $16,095

= $764,945

The ending gross profit unrealized is come from

= {1 - ($207,350 ÷ $319,000) × $138,000} × 35%

= $16,095

4 0

3 years ago

Zoomer Company produces Optimist sailboats. The costs of producing 100,000 tiller extensions for use in the boats are as follows

mafiozo [28]

Answer:

It is cheaper to make the product in house.

Explanation:

Giving the following information:

Direct labor $250,000 Direct materials 300,000 Variable overhead 65,000 Fixed overhead 185,000 An outside supplier has offered to supply the tiller extensions for $720,000. If Zoomer accepts the offer $85,000 of fixed costs can be avoided.

We will calculate the total cost of both options:

Make in the house:

Total cost= 250,000 + 300,000 + 65,000 + 185,000= $800,000

Buy:

Total cost= 720,000 + 100,000= $820,000

It is cheaper to make the product in house.

4 0

3 years ago

The Retained earnings account for Nathan Corporation had a credit balance of $800,000 at the end of 2016. Selected transactions

Oksi-84 [34.3K]

Answer:

1 & 2. $870,000

Explanation:

1. Retained Earnings is an equity account from which dividends are paid. The Net Income is added to this and the dividends are deducted from this.

Retained Earnings for the year = Beginning balance + Net Income - Dividends

= 800,000 + 130,000 - 60,000

= $870,000

2. Nathan Corporation could have declared the entire retained earnings of $870,000. This is however, not a recommended action because the Retained Earnings maintain a cushion for the company and as such contribute to financial health and structure of the company.

7 0

3 years ago