Because a decrease in real autonomous spending results in a <u>fall</u> in the price level, the ultimate effect on real GDP is<u> smaller</u> that predicted by the multiplier.
Another significant discovery is made by Keynesian economics. You've learnt that Keynesians think fluctuations in total spending are what ultimately determine the level of economic activity in the short run (or aggregate demand).
Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.
Keynes noted that even while the economy starts at potential GDP, it is improbable that it will stay there because aggregate demand has a propensity to fluctuate.
In 2007, the collapse of the housing market caused a decline in U.S. investment spending. The Great Recession subsequently hit the American economy as a result.
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It basically means that a store doesn't have alot in Stock mostly food. so if your grocery store was running out of canned corn and chips etc. they would have a shortage of goods
Answer:
$10, 950
Explanation:
What is the net operating income (loss) for the month under the variable costing?
Direct materials $ 20
Direct labour 62
Variable manufacturing overheads 8
Total variable costs 90
Sales ($120 x 8, 650) $ 1, 038, 000
Variable expenses:
Variable cost of goods sold ($90 x 8650) 778, 500
Variable selling admin costs ($12 x 8, 650) 103, 800
Contribution margin 155, 700
Fixed expenses:
Fixed manufacturing overheads 135, 750
Fixed selling and admin 9, 000
Net operating profit 10, 950
Answer:
<u><em>life values</em></u><em>:</em> are things you respect in your rights as a human
Authenticity Adventure Balance.
Bravery Compassion Challenge.
Citizenship Community Creativity.
Curiosity Determination Fairness.
Freedom Friendships Fun.
Generosity Growth Honesty.
Integrity Justice Kindness.
<u><em>work values</em></u><u><em>: </em></u>are things you value and respect threw the service that you work with for example
Loyalty
A Strong Work Ethic.
Dependability and Responsibility.
Possessing a Positive Attitude.
Adaptability.
Honesty and Integrity.
Self-Motivated.
Motivated to Grow and Learn.
Strong Self-Confidence.
Answer:
Market price of the bond = $912.53
Explanation:
YTM = 6.90%
Coupon rate = 5.87%
Number of compounding per year = 2
YTM Per perid = 0.0345
Years = 13
Number of period = 26 (Nper)
Par value = 1,000
Semi annual coupon rate = 0.02935
The semi annual coupon payment = Par value * Semi annual coupon rate = 1,000 * 0.02935 = $29.35
Market price of the bond = PV(YTM, Nper, Semi annual coupon payment,Par value)
Market price of the bond = $912.53