Answer: Banks have more funds to issue loans to consumers and businesses, which increases consumer and business spending, employment, and economic growth.
Explanation:
Answer: <u><em>(b.) variable costs of $57,240 and $44,400 of fixed costs</em></u>
<u><em></em></u>
Explanation:
Given:
7,600 units of production
$38,000 for direct labor
$2,280 for electric power
Total fixed costs are $44,400
We'll compute Variable Cost using the following formula :
Variable cost =
Variable cost =
<u><em>Variable cost = $57,240</em></u>
<u><em>Fixed cost = $44,440</em></u>
<span>The answer is changes in the money supply</span>