Answer:
Given that the economy is operating in the horizontal section of the aggregate supply curve in the simple Keynesian model, an increase in spending will lead to __________no change in price level and an increase in real GDP__________ (assuming that the economy remains in the horizontal section of the aggregate supply curve).
Explanation:
When the aggregate supply curve shifts outward, the economy's output and real GDP increase at a given price in the short-run when aggregate supply is determined by price. But with the simple Keynesian model, price does not influence supply as there is an equilibrium in the aggregate expenditures and output in the economy.
Answer:
Explanation:
the results were practically significant but not statistically significant
Answer:
A) $279,200
Explanation:
September sale: 302,000, 80% paid on credit which is = 80% x 302,000 = 241,600, of which 50% are collected in the following month (October), which is equal to 241,600 x 50% = $120,800
October sale = 264,000
20% paid on cash, which is = 20% x 264,000 = 52,800
80% paid on credit and 50% of which is collected in the month of sale (October) = 80% x 50% x 264,000 = $105,600
Total cash collections for October = 120,800 + 52,800 + 105,600 = $279,200
Answer: Capital investment in new machinery
Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.
It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products
Answer:
The answer is 24,904.
Explanation:
Solution
Given that:
Now,
The unemployment rate =( unemployment/labor force) * 100
Thus,
Unemployment =( unemployment/labor force) * 100
In May 2008, unemployment = (4 * 622,600 )/100 = 2,490,400/100
=24,904
In May 2009, unemployment = ( 7 * 602,000)/100 =4,214,00/100
=42,140
So,
Number of employed people = 2009 unemployment - 2008 unemployment = 42,140 - 24,904
=17,236
Therefore the of unemployed people in may 2008 is 24,904.
