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g100num [7]
3 years ago
12

The IS curve represents Select one: a. the single level of output where financial markets are in equilibrium. b. the combination

s of output and the interest rate where the money market is in equilibrium. c. the single level of output where the goods market is in equilibrium. d. the combinations of output and the interest rate where the goods market is in equilibrium.
Business
2 answers:
iragen [17]3 years ago
7 0

Answer:

D. the combinations of output and the interest rate where the goods market is in equilibrium.

Explanation:

The IS curve means investment-savings curve.

The IS curve is the combinations of output and the interest rate where the goods market is in equilibrium.

It is a curve which shows the different combinations of income (Y) and the real interest rate (r) such that the market for goods and services is in equilibrium.

This means that, every point on the IS curve is an income/real interest rate pair (Y,r) such that the demand for goods is equal to the supply of goods(Qs=Qd) or equivalently, the desired national saving is equal to desired investment.

shutvik [7]3 years ago
5 0

Answer:

d. the combinations of output and the interest rate where the goods market is in equilibrium.

Explanation:

British economist John Hicks was the first to introduce the IS-LM model in 1937, where IS stands for Investment-Savings and LM stands for Liquidity preference-Money supply. It is a Keynesian macroeconomic model that gives the relationship between the market for economic goods (Investment-Savings) and the money market (Liquidity preference-Money supply). The IS-LM model is a graphical representation of Keynesian economic theory.

The IS curve represents the combinations of output and the interest rate where the goods market is in equilibrium. When there's an increase in government spending, the IS curve would shift to the right on the graph.

Also, when there's an increase in the interest rate, it causes investment spending to decrease as the IS curve shifts to the left with respect to economy.

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Answer:

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Explanation:

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7 0
4 years ago
Kubin company’s relevant range of production is 16,000 to 24,500 units. When it produces and sells 20,250 units, its average cos
Nezavi [6.7K]

Based on the details given, the following are true:

  • 1. Incremental manufacturing cost = $14.60
  • 2. Incremental cost = $17.50

<h3>Incremental manufacturing cost if production increased from 20,250 to 20,251</h3>

The fixed cost will not change as the production amount is still below 24,500 units. Incremental manufacturing cost will therefore be:

= Direct material + Direct labor + Variable overhead

= 7.70 + 4.70 + 2.20

= $14.60

<h3>Incremental cost for increased from 20,250 to 20,251</h3>

This will include all costs that are not fixed.

= Incremental manufacturing cost + Sales commissions + Variable admin expense

= 14.60 + 1.70 + 1.20

= $17.50

Find out more on incremental manufacturing cost at brainly.com/question/8527680.

5 0
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Answer:

environmental monitoring

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In the given instance also the event took place around 10 years ago, now environmental monitoring done will provide the details of contaminants in that environment.

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Answer:

a. True

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So the given statement is true

As while taking the decisions the above things are relevant

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