Answer:
a. either the economy must be producing a larger output of goods and services, or goods and services must be selling at higher prices, or both
Explanation:
Total Spending is the total values of goods & services produced & transacted ( bought, sold ) in an economy, during a period of time.
Total Spending = Price of goods,services x Quantity of goods,services
So, if the total spending increases : It implies that either the quantity of goods & services, or their prices, or both have increased. As, amount spent is a product of both of them.
Answer:
Option B, OUTSIDE THE SCOPE OF EMPLOYMENT.
Explanation:
Scope of employment refers to where an employee was and what actions were being undertaken when the injury took place. If the employee was within the scope of employment, then the employer would likely be held responsible. But, if the employee was outside the scope of employment, then it is harder to prove the employer was negligent.
Within the scope employment means the injury took place; on or near work premises, during business trips, within a company's vehicle, while running an errand for the employer.
Outside the scope employment means the employee was not conducting any official business when the injury took place.
In the case of Francis, although he was on an official errand, he stopped in the middle of delivery route to have lunch with his friends which was not part of his official errand and he got injured while doing so.
Therefore, Francis would normally be considered to be acting: OUTSIDE THE SCOPE OF EMPLOYMENT.
Answer:
An investment readily convertible to a known amount of cash
Explanation:
Cash equivalents are items usually recognized in the balance sheet along with cash (then names Cash and cash equivalent) that are readily or easily convertible to cash at an amount that is measurable.
Examples of cash equivalents include commercial papers, bank certificate of deposit, treasury bills usually with a tenor of 3 months or less etc.
Cash equivalents are assets and help improve the company's liquidity.
Assuming that you received $500 for your birthday, spent $400 of it, and saved the remaining $20. There are 20 MPs, or marginal propensities to save.
MPS= change in savings/change in income. A change in income of $500 changes savings by $20
<h3 /><h3>Why Do People Have a Marginal Propensity to Consume?</h3>
- The opposite of MPS is the marginal propensity to consume (MPC). The link between income and consumption is quantified with the aid of MPC.
- By dividing the change in spending by the change in income, one can determine their marginal propensity to consume.
- In order to calculate how much spending rises for every dollar of increased income, MPC measures this relationship.
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conglomerates and verticals combine different products while horizontal specializes in just one.
They do not usually lessen competition in the market place.