Answer:
yes true ik it is i got it wrong when i said false
Answer:
Graphs show the relationship between 2 variables. A graph is used to condense numeral information making patterns clearer. Using graphs makes data readable for economists.
Answer:
Juliana, the HR manager at Hudson Corp. would be applying the system of c. merit pay
Explanation:
Merit pay describes payment made to an employee if it has been measured and proven that the employee performed well and successfully achieved a set target.
The question is about paying incentives to high-performing employees and so, merit pay best describes the scenario being portrayed.
Answer:
(i) $50 and $50.03
(ii) $70
(iii) No
Explanation:
The computations are shown below:
(i). The company average cost would be
= Total cost ÷ number of graphing calculators produced
For 700 graphing calculators
= $35,000 ÷ 700
= $50
For 701 graphing calculators
= $35,070 ÷ 701
= $50.03
(ii) The marginal cost would be
= Total cost at 701st calculator - Total cost at 700th calculator
= $35,070 - $35,000
= $70
(iii) Since we see that the company has a marginal cost of $70 and paying price or marginal revenue is $60 so it will be a loss of $10 in case of sale. So, the company should not produce it.
Answer:
The Federal Reserve is the central bank of the United States. It is the bank for other banks and the banker to the government.
It functions include:
a) Acts as a banker's bank to clear checks, provides deposit services for banks, and facilitates smooth payment and settlement system.
b) As the banker's bank, it supervises and regulates member banks in order to protect consumers and maintain a healthy economy. It also protects banks by ensuring they adhere to regulations and best practices.
c) It uses open market operations to target the supply of money in the economy by ensuring that the monetary policy of the government is carried out, especially with respect to inflation and deflation. It uses interest rates and reserve rates to achieve this control.
d) It is the government's bank, offering banking services to the government, as other banks offer to corporations, institutions, and individuals.
Explanation:
It is not the function of the Federal Reserve to change tax rates to stabilize business cycles. This is the government's prerogative, acting with Congress. What the Federal Reserve changes is the interest and reserve rates.
The Federal Reserve does not have powers to increase government expenditures on infrastructure. It does not provide banking services to larger corporations directly. Instead, it provides banking services to the governments.
