Government aims to influence distribution of income by imposing taxes on the rich and spending more on the welfare of the poor. It will reduce income of the rich and raise standard of living of the poor, thus reducing inequalities in the distribution of income. 3. Economic Stability:
Answer:
IAAS is a cloud computing service model by means of which computing resources are hosted in a public, private or hybrid cloud.
Explanation:
The full form of IAAS is Infrastructure As A Service.
Answer:
Variable cost = $6,550
Explanation:
Variable cost is the cost incurred during the production process that changes with quantity of goods produced. For example labor, machine operating cost, and raw materials.
The other type of cost is variable cost that does not change with volume of production, but rather remains constant. For example rent, tax, and so on.
In the given instance the costs that are variable are cost of labor, cost of electricity to run printing presses, and cost of ink for paper.
Monthly mortgage and property tax are fixed cost that must be paid regardless of production volume.
variable cost = $5,500 + $800 + $250
Variable cost = $6,550
Answer:
The junk-food ban will reduce the quantity of junk food sold and raise the price. The education program will reduce the quantity of junk food sold and lower the price
Explanation:
Answer:
C. the natural rate of unemployment.
Explanation:
This rate includes frictional and structural unemployment.
It represents the unemployment rate that exists when the quantity of labor demanded is equal to the quantity of labor supplied.