Answer: Deficit; higher; a decrease
Explanation:
<em>The term crowding-out effect refers to a situation in which a government </em><em><u>deficit</u></em><em> results in</em><em><u> higher</u></em><em> interest rates, causing </em><em><u>a decrease</u></em><em> in private spending on investment and consumer durables.</em>
The Crowding-out effect is what happens when a Government increases its spending past its revenues and gets a budget deficit. In other to balance its books therefore it will borrow heavily.
If the Government is such a large one like the American Government or the British Government, the borrowing might be so large that it will have the effect of reducing the amount of loanable funds in the market thereby increasing the interest rates due to a reduced supply of loanable funds.
As there are now increased interest rates, it will be more expensive for companies to borrow to spend on investment or for consumers to spend on durables. It will have the effect of <em>crowding out</em> the private sector.
Answer:
The correct answer is $12,060.
Explanation:
According to the scenario, the given data are as follows:
Production in June = 400 units
Production in July = 410 units
Each unit required = 5 pounds
Cost per pound = $6
So, June required raw material = 400 units × 5 pounds = 2000 pounds
For July required raw material = 410 units × 5 pounds × 20% = 410 pounds
So, required total raw material for June = 2000 pounds + 410 pounds - 400 pounds ( already in inventory)
= 2010 pounds
So, the total cost required for raw material in June = 2010 pounds × $6
= $12,060
Hence, the budgeted cost of purchases for raw material K for June is $12,060.
This is a true statement if that's what you were looking for
Answer:
The function is, y = 2 + 3x
The rate of change of the function is 3.
The y-intercept of the function is 2.
Explanation:
Given,
For each person,
The cost of renting shoes = $ 2,
Additional cost per game = $ 3,
Thus, the total charges for x games, ( say y ) = rent + additional cost for x games
⇒ y = 2 + 3x
Which is the required function,
∵ y = 2 + 3x is a line,
We know that,
The rate of change for a line y = mx + c is m.
Thus, the rate of change of the function is 3.
Now, for y-intercept,
x = 0,
y = 2 + 3(0) = 2
So, y-intercept of the function is 2.
