Macroeconomics deals with the short-run variations in economic growth that make up the business cycle
This is further explained below.
<h3>What is
Macroeconomics?</h3>
Generally, The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.
The increase of economic activity is followed by periods of contraction, which together make up a business cycle.
These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.
Business cycles are a sort of variation that may be observed in the overall economic activity of a country.
A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.
In conclusion, The business cycle is the primary focus of macroeconomics, which analyzes the short-term fluctuations in economic growth that occur throughout it.
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Answer:
d. $489,500
Explanation:
The capitalized cost will include all the costs incurred by Holiday laboratories to readily make the asset for use.
Therefore,
Capitalized cost = High speed industrial centrifuge + Shipping cost + Foundation cost + Equipment cost + Labor and testing cost + Material cost
= $440,000 + $30,000 + $8,600 + $3,000 + $5,300 + $2,600
= $489,500
Answer:
Explanation:
One transformational leader that we can talk about was Martin Luther King Jr. who was an Activist and Minister who fought for American Civil Rights in the United States in the early 1950s. MLK jr. was both assisted and hindered by the time in history in which his efforts took place. This is because at the time African American Rights were almost non-existant and the Civil Rights movements were at an all time high. This means that MLK jr. was able to amass many followers as he was fighting to make the world a more equal place for everyone, but at the same time it was a time in history where racism was at an all time high as well. This hindered his efforts greatly and ultimately led to his death in 1968. Regardless, Martin Luther King Jr. made one of the biggest impacts in the Civil Rights movements in history as a transformational leader.
Answer:
c. believe in the use of fiscal policy to stabilize the economy.
Explanation:
According to Keynesian theory, the sum of some micro-economic behaviors of all individuals and businesses results in inefficiency and the economy operates at a level below its potential output and growth. When total demand for products is insufficient, the economy enters a crisis and unnecessary unemployment arises due to defensive behavior of the producers. In such cases, the government may pursue policies to increase aggregate demand, and as a result may accelerate economic activities and reduce unemployment. Most Keynesian propose policies to stabilize the business cycle. For example, when the unemployment level is too high, the state can pursue a growth-oriented monetary policy. , one of the most famous of his critiques, Keynes argues and did not agree with "The Laissez-faire" that he opined the doctrines of laissez-faire are dependent on some extent on a case-by-case basis.
Answer:
Langer Company
Direct Materials Purchases Budget
For July, August and September
July August September Total
Units to be produced 3500 4400 4900 12800
Direct materials per unit (ounces) 15 15 15 15
Production needs 52500 66000 73500 192000
Desired ending inventory (ounces) 19800 22050 28350 28350
Total needs 72300 88050 101850 220350
Less: Beginning inventory 15750 19800 22050 15750
Direct materials to be purchased (ounces) 56550 68250 79800 204600
Cost per ounce $0.08 $0.08 $0.08 $0.08
Total purchase cost $4,524 $5,460 $6,384 $16,368
