Answer:
Correct option is B
The Federal Reserve is worried about unemployment
Explanation:
We know from phillips curve, there is a backwards connection between swelling rate and joblessness rate. Hence joblessness rate can be diminished by expanding expansion which should be possible by expanding cash supply.
Or then again an expansion in cash supply will diminish loan fee prompting increment in venture and subsequently increasingly capital development, because of which more work is required and therefore joblessness diminishes.
Answer:
$9,850,000
Explanation:
Calculation for What is the total cash received on 3/1/17
Total cash received on 3/1/17=$10,000,000 × .97) + ([9%*$10,000,000) × 2/12]
Total cash received on 3/1/17=$10,000,000 × .97) + ($900,000 × 2/12)
Total cash received on 3/1/17=$9,700,000+$150,000
Total cash received on 3/1/17 = $9,850,000
Therefore the total cash received on 3/1/17 is $9,850,000
The amount spent on these items is based on preference and the availability of resources available to us. It should be noted that you'll have to spend on a need more than a want due to the limited resources that are available to us.
<h3>What is a consumer's need?</h3>
In economics, a need refers to anything individuals require to exist. It is considered to be necessary and important for the functioning of life. Examples include:
- Food,
- Water, and
- Shelter.
However, a want is anything that is desired. A want is anything that will enhance your living experience and level of happiness. In economic terms, it is described as an individual's insatiable desire to own items or services that provide fulfillment.
From the information given:
Eating at a restaurant, or gas to go on vacation is not a necessity, so it may be referred to as something you want.
The amount spent on these given items is based on preference and the availability of financial resources available to us.
Learn more about human needs here:
brainly.com/question/22395260
#SPJ1
Unemployment is the art of being jobless. Unemployment rate is the number of people unemployed as a percentage of labor force where the labor force include those unemployed plus those in paid or self employment. There are several types of unemployment including, seasonal , cyclical, structural and frictional unemployment among others. In this case, cyclical employment involves layoffs during recessions.
