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Gekata [30.6K]
4 years ago
13

Keynes explained that recessions and depressions occur because of a. excess aggregate demand. b. inadequate aggregate demand. c.

excess aggregate supply. d. inadequate aggregate supply.
Business
1 answer:
julsineya [31]4 years ago
6 0

Answer: Option (b) is correct.

Explanation:

According to Keynes, the main cause of recessions and depressions is inadequate aggregate demand. when the total demand for goods and services falls as a result sales of the firms decreases. Lower demand for the products induce firms to cut down their production which results in unemployment. So, unemployment increases and lower profits further depressed demand for the goods and services.

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In two to three sentences, explain how a tariff on cars can reduce the demand for imported cars.
artcher [175]
A tariff by definition is a tax to be paid on a particular class of imports or exports. so if people had to start paying extra for imported cars the demand for imported cars would be reduced and the demand for more domestic vehicles would rise.
3 0
4 years ago
TDS Corporation updates its five-year plan annually to take into account changing conditions within the organization and in the
andreev551 [17]

Answer:

c. rolling plan

Explanation:

The rolling plan is the plan which is to be reviewed and updated on daily basis or we can say it is a flexible plan which can be changed according to the conditions arrived or as per the environment

So according to the given scenario,  TDS Corporation updates its five-year plan annually which can be updated or revised so it could be term as a rolling plan

8 0
4 years ago
According to a book by a Harvard Business School professor, some organizational cultures simply cannot meet the challenges posed
vekshin1

Answer:

A) Adaptability

Explanation:

The company could not adapt to the current trends in the market. organizational adaptability is concerned with how firms could quickly adjust their business processes to changes that enhances their growth and make give them the ability to compete with rivals.

Many advantages are embedded in adjusting to the trend in the market, one of which is:

1. They value their employees

2. They have a well defined goals

3. They become more creative

4 0
4 years ago
Read 2 more answers
The following financial information was summarized from the accounting records of Train Corporation for the current year ended D
tensa zangetsu [6.8K]

Answer: $18500

Explanation:

The income from operations for the rail divisions will be calculated thus:

For the rail division,

Sales = $91800

Cost of goods sold = $45500

Direct operating expense = $27800

Income from operations:

= $91800 - $45500 - $27800

= $18500

3 0
3 years ago
Perez, Inc. recently completed 40,000 units of a product that was expected to consume six pounds of direct material per finished
Debora [2.8K]

Answer:

$45,000 Unfavorable

Explanation:

The computation of direct-material quantity variance is shown below:-

Direct Material Quantity Variance = Standard Rate × (Actual Quantity - Standard Quantity Used for Actual Production)

= $7.50 × (246,000 - 40,000 × 6)

= $7.50 × (246,000 - 240,000)

= $7.50 × 6,000

= $45,000 Unfavorable

Therefore for computing the direct-material quantity variance we simply applied the above formula.

8 0
3 years ago
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