Answer:
Explanation:
When Leverett's exports became less popular, its savings, Y-C-G does not change. Reason being that, it is assumed that Y depends on the amount of capital and labour, consumption depends only on disposable income and government spending is a fixed extrinsic variable.
Since investment depends on interest rate, and Leverett is a small open economy that takes the interest rate as given, thus investment also does not change . Neither does net export change (This is shown by the S-I curve in the attachment).
The decreased popularity of Leverett's exports leads to an inward shift of the net export curve inward. At the new equilibrium,net exports remains unchanged, though the currency has depreciated.
Leverett's trade balance remained the same, despite the fact that its exports are less popular, this is due to the fact that the depreciated currency provides a stimulus to net exports which overcomes the unpopularity of its exports by making them cheaper.
b. Leverett's currency now buys less foreign currency, thus traveling abroad becomes more expensive. This is an instance showing that imports (including foreign travel) have become more expensive- as required to keep net exports unchanged in the case of decreased demand for exports.
Answer:
The revenue is $2,450
Explanation:
The computation of the revenue is shown below:
= Sales - variable cost - additional costs - fixed cost
where,
Sales = Selling units × price per unit
= 50 rooms × $100
= $5,000
Variable cost = variable cost × price per unit
= 50 rooms × $15
= $750
The other cost value would remain the same
Now put these values to the above formula
So, the value would equal to
= $5,000 - $750 - $300 - $1,500
= $2,450
Bob's suggestion will allow Mary to find a middle ground between her family and her career.
Explanation:
Mary will be able to follow her career path which is rewarding and lucrative if she does not have to work full time because if she follows the path she will have to work part time and she will still have time to spare for her children.
The same goes for her family life because if she had to have chosen the job she would not be able to take care of her children and give them the upbringing she wants to, if she had left the job she would have to let go of her career.
Answer:
The answer is below
Explanation:
They are various Time Management Tools in which an individual can use to manage his or her time effectively. Thus, human resources managers can use any of the listed time management tools in order to make effective use of their time when it comes to coping with demands, constraints, and choices confronting them:
1. To Do List
2. Calendar
3. Address Book
4. Notebook