Answer:
the spending and tax policy that the government pursues to achieve particular macroeconomic goals.
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Fiscal policy typically includes the spending and tax policy that a government pursues in order to achieve particular macroeconomic goals such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.
Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented.
Answer:
Final balance = $ 14,272.93
Explanation:
Annual Deposits(PMT) = $1,000
Number of years(N) = 12
Rate of interest (r) = 3.1% = 0.031
Future Value = ?
Computation:
![Future\ Value = PMT[\frac{(1+i)^n-1}{i} ] \\Future\ Value = 1,000[\frac{(1+0.031)^{12}-1}{0.031} ] \\Future\ Value = 1,000[\frac{(1.031)^{12}-1}{0.031} ] \\Future\ Value = 1,000[\frac{1.44246-1}{0.031} ] \\Future\ Value = 1,000[\frac{0.44246}{0.031} ] \\Future\ Value = 1,000[14.2729] \\Future\ Value = 14,272.9252](https://tex.z-dn.net/?f=Future%5C%20Value%20%3D%20PMT%5B%5Cfrac%7B%281%2Bi%29%5En-1%7D%7Bi%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B%281%2B0.031%29%5E%7B12%7D-1%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B%281.031%29%5E%7B12%7D-1%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B1.44246-1%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B0.44246%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B14.2729%5D%20%5C%5CFuture%5C%20Value%20%3D%2014%2C272.9252)
Final balance = $ 14,272.93
Select "American Airlines 913" from 06:00 AM departure, 08:48 Am arrival
<u>Explanation:
</u>
You need to arrive 2 to 3 hours in advance to attend the afternoon meeting, because the meeting is at 11:00 a.m.
Time is precious, of course, and it's all a waste of precious resources that sitting around and trying to imagine when the boss may come.
Employees turn their attention to the person in the corner office as they draw up unofficial laws of an organisation.
When that person is willing to begin on time meetings, meetings should begin on time.
Answer:
The correct answer is b. False
Explanation:
The selling cycle is a 7 steps approach:
- prospecting,
- pre-approach,
- approach,
- presentation,
- meeting objections,
- closing the sale,
- and follow-up.
The pre-approach only occurs once in the cycle.
Answer: The risk of stock out = 2.94%
Explanation:
Reorder point is calculated as: Lead time*demand per unit time=45*9=405
While the amount on-hand reaches 422 pounds, the manager was reordering lubricant.
During the lead time, Standard Deviation of Demand =Daily S.D*(Lead time)^0.5=3*(9^0.5)=9
Risk of Stock Out=(422-405)/9 S.D=1.89 S.D
From Normal distribution curve 1.89 S.D=0.0294=2.94%
Therefore, the risk of stock out=2.94%
