Answer: Analogy
Explanation:
The method of forecasting that this example illustrate is analogy. Forecast by analogy refers to the forecasting method which simply assumes that two different kinds of situations have identical models and therefore share the same model of behaviour.
This can be infered from the situations that once the per capita GDP is known for the country, the per capita demand for the toys can be estimated.
Answer:
left by 30 billons
then right by 40 billons
Explanation:
the aggregate demand curve will move to the left as the consumption of the economy will fall as the household are less wealthy than before.
Then, as the interest rate fall the aggregate demand curve will move to the right as the investing increase as now more projects are profitable.
<em>Calculations:</em>
<em />
5 billon for every point of wealth:
6 points x 5 billon = 30 billons
20 billion of inventing per 1% of interest rate decrease
2 points x 20 billions = 40 billons
Explanation:
I don't think I know who is tell me the answer
The following are the analysis of a Production Possibility Curve. It is to be noted that As education quality improves, the production potential curve will shift outward, improving job skills and productivity. PPC will migrate abroad as human capital boosts the country's resources.
<h3>What happens when the number of unemployed increases?</h3>
It will not affect PPC's position, or it will remain the same, because the number of jobless employees will not change the overall labor force.
<h3>What happens when a new technique improves the efficiency of extracting copper from ore?</h3>
Increased efficiency as a result of technological advancement will move PPC outward as it boosts productivity and allows for greater output with existing resources.
<h3>What will happen when a devastating earthquake destroys numerous production facilities?</h3>
The severe earthquake destroys available resources and capital stock, decreases productivity, and shifts PPC inward.
Learn more about PPC:
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Answer:
12,000,000; $6,000,000
Explanation:
the amount of economic investment from BBQ’s actions
BBQ builds 10 new restaurants at $1 million per restaurant
= $1 million × 10
= $10 million
equipment and furnishings = $200,000 for each restaurant
Total = $200,000 × 10 restaurants
$2 million
Total economic investment from BBQ’s actions = $10 million + $2 million
= $12 million
B. How much purely financial investment took place?
BBQ issues and sells 200,000 shares of stock at $30 per share
But the total
= 30% × $2 million
= $600000 for each restaurant
Total for the 10 restaurants will be
$600000 × 10
= $6,000,000