Answer:
The increase in GDP is $250
Explanation:
The increase in investment spending = $100
Marginal propensity to consume = 0.6
Now we have to find an increase in the GDP after absorbing the $100.
Therefore, we need to find the multiplier by using the marginal propensity to consume.
Multiplier = 1 / (1-MPC)
Multiplier = 1/( 1- 0.6)
Multiplier = 2.5
The increase in GDP = increase in investment spending × Multiplier
The increase in GDP = 100 × 2.5 = $250
Answer:
DEF Insurance LLC
Employee Motivation Drives
According to four drive theory, Paul most likely has a high:
a. drive to acquire and
d. drive to achieve
Explanation:
Paul's motivation drive is summed in the drive to acquire and achieve. For example, Paul craves for the acquisition of laurels. He also actively works to be promoted to managerial positions, based on his drive to achieve. On the other hand, Jessie prefers to bond and to belong to the team. He does not like offsetting relationships or displaying people from their positions, unlike Paul. The other motivation drives are to be challenged and comprehend and to define and defend.
Answer: Pay the X amount of a service or prescription that is not covered by insurance.
Explanation:
Total transferred units = 121,500
Direct labor costs = $30,000
Completed unit from the ending inventory = 42,400 x 25% = 10600
Now the total units transferred = 121,500 + 10600 = 132100
Direct labor cost per equivalent unit = Direct labor costs / total units transferred
= 30,000 / 132100 = 0.227
Direct labor cost per equivalent unit = 0.23.
Gathering "competitive intelligence" is good business practice.
<u>Option: A</u>
<u>Explanation:</u>
The outcome of an attempt by a organization to accumulate and evaluate knowledge about its market, business climate, rivals and competitive goods and services, is understood as competitive intelligence. The method of collecting and evaluating data will help a corporation establish its plan or recognize market gaps. It is taken as a good business practice because it make awareness of competition in market which helps in set up of mind and making strategy. Ethics is one of the subjects used in such competitive intelligence.