<u>Answer: </u>Option 2 discretionary
<u>Explanation:</u>
Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.
In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.
The increasing returns would be a situation in which the
firm increases their workforce and other inputs in a matter of having to
increase the workforce by five percent and having to increase the output in a
total of eight percent.
Answer:
$11,160.097
Explanation:
Data provided in the question:
Future value of machine = $44,309.00
Time, n = 16 years
Discount rate, r = 9.00% = 0.09
Now,
The amount Derek is will to pay will be the present value of the machine
Also,
we know
Future value = Present value × (1 + r)ⁿ
on substituting the respective values, we get
$44,309.00 = Present value × (1 + 0.09 )¹⁶
or
$44,309.00 = Present value × 3.97
or
Present value = $44,309.00 ÷ 3.97
or
Present value = $11,160.097
Answer:
c) quantity of output demanded by households, businesses, the government, and the rest of the world.
Explanation:
quantity of output demanded by households businesses government and rest of the world, this is because real GDP is equal to the sum of four kinds of expenditure mentioned above.
According to psychological egoism, all actions are driven by self-interest. In other words, it implies that everyone's behavior, actions, and decisions are driven by self-interest. Additionally, it implies that all decisions must be driven by personal gain.
According to psychological egoism, all actions are driven by self-interest. In other words, it implies that everyone's behavior, actions, and decisions are driven by self-interest. Additionally, it implies that all decisions must be driven by personal gain.
A second defense of psychological egoism contends that people always act selfishly because it makes them feel good. For instance, you might assist a turtle crossing a roadway because, if you didn't, you would be concerned for its safety while doing so.
Learn more about psychological egoism here
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