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choli [55]
3 years ago
10

If households and firms increase the level of private savings because they become pessimistic about the future, then:

Business
1 answer:
Margarita [4]3 years ago
8 0
<span>If people are saving their money because of pessimistic feelings about the future then it will have an impact on current spending in the economy. When people are saving instead of investing money or purchasing large items such as homes or vehicles than the businesses in those markets are affected. For example, if there is no one buying new houses, then builders will see a decrease in work and the companies that provide building supplies will be affected. The people in the companies will also begin spending less as there is less work and less money to go around which also affects the economy on a large scale.</span>
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Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run
Nuetrik [128]

Answer:

$850,000

Explanation:

Total Hours of Department 1=$80,000+$90,000

=$170,000/$200,000*1000,0000

8 0
3 years ago
An upcoming convention has secured 300 rooms at $140 per room for Friday night. The rack rate for Friday night is $250 per room
m_a_m_a [10]

Answer:

$67,000

Explanation:

The total revenue will be income from the 300 rooms and that from 100 rooms

=(300 x $140) + ($100 x 250)

=$42,000 +$25,000

=$67,000

6 0
3 years ago
If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable.
pishuonlain [190]

If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.

Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.

Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.

Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.

Learn more about licensing statute here:- brainly.com/question/15443448

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3 0
1 year ago
With regard to a futures contract, the long position is held by a. the trader who plans to hold the contract open for the length
vfiekz [6]

Answer:

The answer is e. the trader who commits to purchasing the commodity on the delivery date.

Explanation:

The long position in a forward position agrees to buy the stock when the contract expires. The long futures position is an unlimited profit, unlimited risk position that can be entered by the futures speculator to profit from a rise in the price of the underlying

7 0
3 years ago
When evaluating the six-step decision-making process, what occurs during the solution implementation step? the process will begi
worty [1.4K]

The answer is the solution that best solves the problem is selected.

During the solution implementation step you should already have determined which solution you would apply to solve the problem that you encounter. By determining which solution to implement, you are on your way to solving the problem that requires your decision-making. If the solution proves to be unsuitable later on, you can refine it later on.

6 0
3 years ago
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