Answer: 1st to make a good business you have to start off small. For starters start doing a Lemonade Stand. If people like your Lemonade i'm sure they'll promote you by telling there friends. Then your business will get bigger and bigger until you have like a whole company.
The correct option is, (d) smaller, greater.
- The LM curve is steeper the smaller the interest sensitivity of money demand and the greater the effect of income on money demand.
<h3>What does a steeper LM curve mean?</h3>
- The LM curve will be steeper if the income-elasticity of the demand for money is higher and the interest-elasticity is lower.
- The LM curve is virtually vertical when the demand for money is generally indifferent to the interest rate.
<h3>What causes the LM curve to shift?</h3>
- The LM curve shifts right as a result of monetary stimulation, or boosting the money supply, leading to higher output and lower interest rates.
- The IS curve is shifted to the right by fiscal stimulus, or boosting government spending and/or lowering taxes, which raises interest rates while driving up output.
<h3>What is income sensitivity of money demand?</h3>
- The greater the interest rate, as the minus sign suggests, the more likely people are to invest their money rather than have it available for consumption.
- The income sensitivity of real money demand and the interest sensitivity of real money demand are the two variables that are regulated by sensitivity coefficients.
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Answer:
A. higher; C-CP
Explanation:
As the exercise says, John wants students to see that food and energy prices have risen more rapidly than other market items used in the Consumer Price Index (CPI) calculation. He wants students to see the increase in the core inflation, because food and energy are the main expenses of people. But for CPI calculation there are other items to consider. So the core inflation will be higher than the CPI (inflation, considering all items), as food and energy prices increased more than the other products considered in the CPI.
The second part of the excersise says that there might be substitution, that is people consuming less expensive goods or services, which will lead to a change in the measuring of the C-CPI as the prices to consider will be lower, so C-CPI will be less
Answer:
See below
Explanation:
Given the above, we will use the below to get the factory overhead
Ending finished goods = Opening balance + Direct materials + Direct labor + Factory overhead - Goods finished during the month
Fixing the values, we will have
= $14,600 + $91,700 + $186,600 + Factory overhead -
