Answer:
high savings rate
Explanation:
High savings rate is not a goal of federal economic policy. The goal of federal economic policy is to achieve full employment, economic growth and stable prices.
However 'high savings rate' is achieved when interest rates are increased in order to fight inflation and achieve 'stable prices' because people keep their money in the banks to take advantage of the benefit of earning interest BUT this is not always the case because 'higher interest rates' works against full employment by making it too costly for firms to borrow for investments which will definitely create jobs.
Answer:
-0.136 and $528
Explanation:
Given that
p = 50 - 0.5Q
where,
Q = 88
So, p equals to
= 50 - 0.5 × 88
= 50 - 44
= $6
As it is mentioned that
p = 50 - 0.5Q
0.5Q = 50 - p
Q = 100 - 2p
And we know that
Price elasticity of demand is
= Percentage Change in quantity demanded ÷ Percentage Change in price
So,
= -2 × (6 ÷ 88)
= -0.136
And, the revenue is
= Price × Quantity
= $6 × 88
= $528
Answer: a.results in more accurate product costs
Explanation:
In a company that has multiple departments, using multiple overhead rates can help give a clearer view of product costs as costs are apportioned based on the activities in a department.
For example, in a Manufacturing company with a shipping department, you would find that it would be more accurate if for instance, machine hours are used in the Manufacturing department as opposed to labour hours being used in the Shipping department.
This method therefore gives a more accurate measure of the cost of producing different goods in a company which will go further to enable management to price products appropriately as well.
If you need any clarification do react or comment.
If the aggregate demand is increasing while the price level remains constant, it means that the spending and consumption in a macroeconomic setting is increasing. Given the constant range prices, consumers are now able to spend more therefore pushing the demand higher.
<span>william's company was using the principles of </span><span>scientific management
</span><span>scientific management is a management practice which rely on scientific finding in order to improve the productivity in the company.
</span>In scientific management mindset, each company need to implement a specific method completely to the letter without any form of flexibility.
This form of management started to fade away by the end of 20th century.