Answer:
<u>Increases,.. higher... more.. low.. lower</u>
Explanation:
This monetary policy acts as economic stimulant by increasing the supply of money in the economy, with increased supply come an increase in the economy's demand for goods and services, leading to higher product prices.
Also, In the short run, this <em>positive change</em> in prices induces firms to produce more goods and services.
This, in turn, leads to<u> a low level of unemployment because companies increase their demand for more labour to meet their demand.</u>
In other words, the economy faces a trade-off between inflation and unemployment: Higher inflation leads to lower unemployment.
Buying goods and services not for their intrinsic value but for the purpose of impressing others is called Conspicuous consumption.
What is Conspicuous consumption?
Conspicuous consumption is the act of acquiring things or services specifically with the intention of flaunting one's wealth. When publicly displayed products and services are too expensive for other people in a person's class, conspicuous consumption is a way to demonstrate one's social position. Although it is frequently associated with the wealthy, this type of consumerism can occur in any income class.
Conspicuous consumption is characterized by buying products that are solely intended to serve as symbols of wealth, such as apparel with luxury brand labels, cutting-edge equipment and toys, and automobiles.
To know more about Conspicuous consumption refer:
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If you take a non-qualified distribution, you are subject to ordinary income tax on the distribution and a 20% penalty tax. The penalty may not apply: if you are age 65 or older, if you are disabled or.
Answer:
Option (b) is correct.
Explanation:
Given that,
Total Overhead Cost = $477,000
Number of Units of Product XY = 72,000
Number of Units of Product M = 108,000
Total overhead allocated to Product XY using the current system:
= (Total Overhead Cost ÷ Number of units produced in total) × Number of Units of Product XY
= ($477,000 ÷ 180,000) × 72,000
= $2.65 × 72,000
= $190,800
Answer:
FV= $1,181.62
Explanation:
Giving the following information:
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?
We need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1+0.035)^25
FV= $1,181.62
