It would have to be C. For answer A, people going into debt while not being able to pay back te money caused bank failures (Credit). B looks like the same as A, risky loans made by banks to people who are unable to pay them off. Answer C is incorrect because MANY people were not aware of the stok market crash and asked their broker to hand them money. When the broker issued a frantic margin call, other brokers started calling and pretty much everyone had to sell at the same time, which issued the crisis. D is correct and is still happening today.
Answer: Increase and ad will shift right to long-run equilibrium.
Explanation: A decrease in Taxes lead to an increase in the disposable income of the consumers. This results in higher consumer spending at the given income levels. As a result the AD curve shifts to the right towards the long run equilibrium level.
Answer:
Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete
Explanation:
When a firm discovers a new technology that allows it to produce at a lower cost, the supply curve will shift to the right as well. ... A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.
Overhead is any cost that cannot be traced back to the physical product (i.e. not direct materials and direct labor). Therefore, we cannot use the direct labor and beginning raw materials in the calculation. The total factory overhead costs are $8,600.
The calculation is as follows:
Indirect materials: $1,600
Add: Indirect labor costs $4,600
Maintenance of factory equipment: $2,400
Total factory overhead costs: $8,600
Source: Finance MBA student :)
