Answer:
D. A large number of people are unemployed and have decreased spending power.
Answer:
Correct option is (a)
Explanation:
Excise tax is an indirect tax which is not imposed on customers directly. Excise tax is imposed on producers or sellers for goods produced and they in turn transfer the burden of tax on customers in the form of higher prices. That is why, it is called indirect tax.
It is usually imposed on those goods such as liquor and tobacco whose consumption the Government needs to decrease. If excise tax is imposed on restaurant meals, then the restaurant will be able to produce and sell less at the same price it was charging earlier. If the restaurant wishes to sell more, then it will have to charge higher price.
Answer:
John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply <u>WILL NOT CHANGE</u>, but if the bank lends out some of the $100, the money supply <u>WILL INCREASE</u>.
Explanation:
Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.
If the bank does not lend the money, then the money supply will not change.
Mate your answer is B
Hope my answer helps you
Answer:
Total overhead= $17,600
Explanation:
Giving the following information:
Variable manufacturing overhead $ 1.65
Fixed manufacturing overhead $ 11,000
Units produced= 4,000
<u>The total overhead is the sum of the total variable cost and the total fixed costs.</u>
Total overhead= 1.65*4,000 + 11,000
Total overhead= $17,600
