It should be noted that in a situation where the Fed sells <u>securities</u>, it's employing the<u> contractionary fiscal policy</u>.
A contractionary fiscal policy is used when the gross domestic product is growing too fast. It uses to curb inflation.
Contractionary monetary policy leads to a decrease in the money supply in the economy and causes interest rates to rise. This decreases expenditure activities.
Consequently, demand decreases in the short run causing a reduction in the real GDP.
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Answer:
Ingroup favoritism.
Explanation:
Ingroup favoritism—the tendency to favor members of one's own group over those in other groups—is well documented, but the mechanisms driving this behavior are not well understood.
Answer:
A budget constraint is the amount of goods and service that a person or firm can purchase given their income.
In this case, the budget constraint of Sam and Amanda is determined by their income: that is to say, their monthly grocery budget, which is $100 per month.
Because a dozen organic egg costs $5, and a frozen pizza costs $10, if we suppose that Sam Amanda will spend half their income on each item, their budget constraint will allow them to buy the following amounts:
$50 / $5 = 10 dozen organic eggs
$50 / $10 = 5 frozen pizzas.
Answer:
Equivalent units for conversion = 40,200 units
Explanation:
Beginning Work in Process 2400 units (12,000*20%)
Completion of Work in Process 9600 units (12000*80%)
Units started and completed 27000 units (27000*100%)
Ending Work in Process <u>1200 units </u>(3000*40%)
Equivalent units for conversion <u>40,200 units</u>
Self-employment is an individual business or contract by a person. Some tips like a zero-based budgeting plan, no over-expenses, and saving can be used for budgeting.
<h3>What is budgeting?</h3>
Budgeting is the development of plans and strategies to save the funds and their employment in wise use. It can also be called a spending plan.
For a self-employed person to save money, they should use a zero-based budgeting strategy, not overspend in case of over-earning and save some amount of money every time by default.
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