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3 years ago

How is the spending multiplier effect related to demand-side economics?

1 answer:

8 0

Because of the Spending multiplier effect, small investment changes will create larger changes, and macroeconomic policy will undergo some improvements and expenditures

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NEED ANSWER ASAP

insens350 [35]

Answer:

a. Mr Smith's orange business because it's a small fraction of the economy

3 0

3 years ago

Which f the following would likely accompany economic growth

hodyreva [135]

Answer:

Higher inflation, lower unemployment

Explanation:

There are no answer choices but in general, if there is economic growth, the LRAS curve (vertical) shifts right, and higher economic growth means more people become employed. Relating that to the phillips curve, lower unemployment will move up the curve to higher inflation.

3 0

2 years ago

Public saving is negative when:A. there is a government budget surplus.B. there is a government budget deficit.C. the government

m_a_m_a [10]

Answer: Option (B) is correct.

Explanation:

Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.

Public saving = Tax revenue - Spending

Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.

Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.

Therefore, this will lead to negative public savings.

3 0

3 years ago

Corporation has two manufacturing departments--Casting and Customizing. The company used the following data at the beginning of

Pavel [41]

Answer:

Allocated overhead= $37,260

Explanation:

Giving the following information:

Total

Estimated total machine-hours (MHs) 10,000

Estimated total fixed manufacturing overhead cost $38,000

Estimated variable manufacturing overhead cost per machine-hour $4.3

<u>First, we need to calculate the plantwide predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (38,000/10,000) + 4.3

Predetermined manufacturing overhead rate= $8.1 per machine-hour

<u>Now, we can allocate overhead to Job G:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job G

Casting machine-hours 1,600

Customizing machine-hours 3,000

Allocated overhead= 8.1* (1,600 + 3,000)= $37,260

6 0

3 years ago

When a golfing club manager says, "I am concerned that our club members will find that the low center of gravity in the Taylor c

Sav [38]

The Taylor salesperson is using the referral method to deal with objections.

A referral is a way of dealing with objections in which the speaker refers to a previous experience to object to what another person has told him about a topic.

In the case presented, the manager of the golf club was expressing his concern about the opinion of golfers about Taylor clubs that had a special characteristic on their center of gravity.

To counter this argument, the seller refers to a real case of a buyer who was left with very good impressions of the Taylor stick.

Learn more in: brainly.com/question/1342578

7 0

2 years ago