Answer:
Keynesian Theory
Explanation:
The Keynesian economic theory focuses on aggregate demand. Economic growth is achieved by fostering aggregate demand through fiscal (increasing government spending) and monetary (expansionary) policies.
The economy has two sides, aggregate demand and aggregate supply. If suppliers believe that consumers will demand larger quantities, they will produce more. But if suppliers do not believe that they will be able to sell the goods and services they produce, they will reduce supply and halt investment.
Therefore, if aggregate demand is strong, producers will increase output because they know they can sell more, and that promotes economic growth without necessarily increasing inflation. Keynesian economics considers both suppliers and consumers expectations and how they affect economic growth.
Answer:
$1,600
Explanation:
Budgeted raw material cost per toy car:
= Total budgeted raw material cost ÷ Budgeted production(in units)
= $1,000 ÷ 100 toy cars
= $10 per toy car
Flexible budget of raw material:
= Actual number of toy cars sold × Budgeted raw material cost per toy car
= 160 × $10 per toy car
= $1,600
Therefore, the flexible budget amount of raw materials is $1,600.
<span>When the value of money increases, it indicates that fewer dollars are circulating in the economy. This creates a deflationary situation. The banks do not "create" money, but through lowering interest rates and other actions, banks can stimulate the release of some of the money being held back. This, in turn, increases demands for goods and services, which allows the producers of those goods and services to increase their prices to help regulate that demand.</span>
Answer:
III. when marginal cost is above average cost, average cost is constant.
Explanation:
Marginal Cost (MC) is the addition to total cost , when an additional variable factor is employed. MC = TCn - TCn-1
Average Total Cost AC is the Total (Fixed &Variable Cost) per unit variable factor employed. AC = TC / Q
MC AC relationship : <u>MC > AC - AC rise</u> ; MC < AC - AC fall ; MC = AC - AC minimum. '3rd' is opposite to the 1st underlined MC AC relationship.
2nd & 4th are other right components of MC AC relationship. MC < AC - AC fall ; MC = AC - AC minimum (MC cuts AC at its minimum)
1st is also correct as when more variable factors are employed - total cost first increases at a decreasing rate (MC falls) & then it increases at an increasing rate (MC rises). MC curve cuts AC curve at its minimum (MC = AC - AC minimum)
Answer:
amount paid at a rate of 9% = 90000
amount paid at a rate of 7% = 170000-90000=80000
Explanation:
We have given total amount = $170000
Let amount paid at rate of 9% is x
Then amount paid at a rate of 7% = 170000-x
We know that sum of individual interest will be equal to total interest
So 



So amount paid at a rate of 9% = 90000
And amount paid at a rate of 7% = 170000-90000=80000