Answer: Customer saves = $13.4
Explanation:
Here, we are charged $1.60 per minute
Therefore, charges incurred for usage till 60 minutes = 1.60 × 60 = $96.
This is the costs without any discount applied.
Case: If we are provided with discount
Then in this case we'll have to pay the $25 connection fee
Also we have paid 60% of the phone bill= 0.6 × 96 = 57.6.
Therefore, Total = $25 + $57.6 = $82.6
∴ We save = $96 - $82.6 = $13.4
Therefore, the correct option is (c)
She needs to calculate how much her item costs to make. She might also need to know her revenue
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:
The expectation would be for the quantity supplied to increase more this summer than in the following summers.
Explanation:
The quantity supplied would increase because the quantity supplied always follows the same direction as price, and since the price is not expected to change for a few years, then the quantity will also not change after the first increase.
