Answer:
Option B
Explanation:
If the demand curve is elastic that means a small change in price will lead to greater change in the quantity demanded
On the other hand if supply curve is very inelastic that means change in price will not have grater impact on the supply.
Therefore, the burden of increase tax will be borne by buyers not on the suppliers because suppliers are less affected in this case.
Answer:
The answer is The Multiplier.
Explanation:
In economics, a multiplier is used to refer to an economic parameter that, when increased or changed, will cause an increase or change in many other related economic variables. The multiplier effect in terms of Gross Domestic Product therefore causes the gains in total output to be greater than the change in spending that caused it.
For instance, a multiplier value of 2x would have the effect of doubling; while 3x would have a tripling effect.
Therefore, because of The Multiplier, an increase in government spending will result in a larger increase in real GDP.
Answer: B
The government cannot control interest rates and that is the reason is why the government cannot completely control the business cycle. This is so because interest rate controls the rate of consumer spending, borrowing and spending. Say interest is low, people will borrow more and spend more and this will have an impact in the rate of employment. Hence, in short if the government cannot control interest rate, everything depending on it, the economic cycle cannot be determined.
Options:
A) Holding period return (HPR)
B) Effective annual return
C) Annual percentage rate
D) There is not enough information to make a definitive choice.
Answer:
Option B is correct.
Effective annual return
Explanation:
Robert invested in stock and received a positive return over a 9-month period then the effective annual return will be the greatest.
Answer:
Explanation:
Giving the following information:
The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200
Break-even point= fixed costs/ contribution margin
Break-even point (dollars)= fixed costs/ contribution margin ratio
Contribution margin= selling price - unitary variable cost
Contribution margin ratio= contribution margin/ selling price
