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wlad13 [49]
3 years ago
14

The liquidity trap refers to the

Business
1 answer:
kipiarov [429]3 years ago
7 0

Answer:

The answer is d. possibility that interest rates drop so low that people willingly hold all the additions to the money supply, rather than use it to buy bonds

Explanation:

A liquidity trap is a situation in which interest rates are low and savings rates are high. It occurs when  monetary policy becomes ineffective because, despite zero/very low-interest rates, people want to hold cash rather than spend or buy illiquid assets

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During negotiations, which of the following should you do? Focus on meeting your needs. Develop a rapport and focus on the obsta
sashaice [31]

Answer:

<u>Set objectives.</u>

Explanation:

For a negotiation to be effective, it is necessary for the negotiator to follow some important steps in the process that will help him acquire skills that will add to the success of the negotiation.

The first step, therefore, is the preparation of the negotiation, which will be the development of the plan and the definition of the negotiation objectives. Defining the objectives is to know and know what and with whom you are negotiating, knowing the other party and what you want, will be essential to achieve a positive result in a negotiation.

5 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Masteriza [31]

Answer:

Farris Corporation

The net operating income for the month under absorption costing is:

= $17,050.

Explanation:

a) Data and Calculations:

Selling price $ 128

Units in beginning inventory 0

Units produced 9,150

Units sold         8,750

Units in ending inventory 400

Variable costs per unit:

Direct materials $ 22

Direct labor $ 64

Variable manufacturing overhead $ 10

Variable selling and administrative expense $ 14

Fixed costs:

Fixed manufacturing overhead $ 137,250

Fixed selling and administrative expense $ 9,200

Direct materials                               $ 22

Direct labor                                     $ 64

Variable manufacturing overhead $ 10

Variable costs per unit                   $ 96 * 9,150 = $878,400

Fixed manufacturing overhead                             $ 137,250

Total production cost                                           $1,015,650

Product cost per unit = $111

Cost of goods sold = $971,250 ($111 * 8,750)

Period costs:

Variable selling and administrative expense $ 14 * 8,750 = $122,500

Fixed selling and administrative expense $ 9,200

Income Statement under absorption costing

Sales revenue ($128 * 8,750) =    $1,120,000

Cost of goods sold                            971,250

Gross profit                                      $148,750

Period costs:

Variable selling and administrative 122,500

Fixed selling and administrative         9,200

Total period costs                           $131,700

Net operating income                      $17,050

4 0
3 years ago
What is the relationship of a single firm's demand curve in a purely competitive industry?
pav-90 [236]
Pure competition or perfect competition is where all firms have full knowledge of what is going on in the market, where there is free flow of information between not only the producers, but also with the consumers.

As such, all firms have no dominant share of market power since each individual firm is able to produce the good of the same quality and quantity (factors of production are fluid, and no costs in transportation in this theory). And at the same time, consumers have full knowledge of the quality of good they are getting and hence no firm will be able to exploit the misinformation of a good for its own profits.

This builds up to the point of a perfectly elastic demand curve, where consumers know what amount and at which price point do they value the product at. And knowing for the fact that small individual firms in a purely competitive firm have no say over prices, they become the price takers for this kind of market. Thus where MB=MC, the equilibrium point is reached and it is also at the socially optimal level since all consumers have full knowledge of the pros and cons of consuming a product (hence no externalities).

Hope this helps!<span />
6 0
3 years ago
FDR altered the direction of the nation's economic direction. What were the causes of the Depression? Discuss the cornerstone po
Dima020 [189]

Answer:

The causes of the Great Depression were many and varied, but the impact was visible across the country. By the time that FDR was inaugurated president on March 4, 1933, the banking system had collapsed, nearly 25% of the labor force was unemployed, and prices and productivity had fallen to 1/3 of their 1929 levels.

Later, a second New Deal was to evolve; it included union protection programs, the Social Security Act, and programs to aid tenant farmers and migrant workers. ... In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.

Explanation:

The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.” Subprime mortgages are home loans granted to borrowers with poor credit histories. Their home loans are considered high-risk loans.

6 0
3 years ago
Which of the following is the kind of decision that can be made at the margin?
Alexxx [7]
I think it would be b cause when the work is done you cant hire new workers to do what is already done
8 0
3 years ago
Read 2 more answers
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