Answer:
1. Sharp increase in taxes affects middle-class families
2. A sports-apparel company cuts jobs as a result of slow sales
3. A fast food chain goes out of business and shuts down all of its restaurants.
Explanation:
The circular flow of income shows the flow of money from economic activities between households and firms. Households receive payments for their services in the form of wages and salaries and use this money to purchase goods and services for consumption from the firms. The firms can use their sales revenue and profits to pay for wages and salaries. This continues in a cycle.
There are injections into and withdrawals out of the circular flow of income. Withdrawals (leakages) can occur in the form of savings, taxes and imports.
1. When there is a sharp increase in taxes, people spend more of their income on paying their taxes. Hence, they have little remaining of disposable income to spend on consumption.
2. When a sports-apparel company cuts down on jobs, many people will lose their salaries or wages. Hence, they would be unable to spend on goods and services produced by the firm. This in turn means lower sales revenue for the firm.
3. As a fast food chain shuts down its operation, a lot of suppliers will lose their sales. At the same time, employees would lose their income. Hence, it is a form of leakage from the circular flow of income.
Answer:
implement strategic process/behavior/models that will achieve desired result/outcome
Explanation:
As a student, he/she became a strategist in preparations for exams and presentation and it has the desired outcome (success). When such a student becomes a manager, he/she would also apply the same strategic behaviour from college by mapping out strategies to ensure desired results as a manager.
Cheers.
Answer:
A. buy; rise; fall
Explanation:
As for the provided information, we know,
As the supply of money exceeds the demand people will have more investing power, accordingly people will <u><em>buy</em></u> more bonds,
as more and more people will try to buy the bonds the price for bond because of high demand will automatically due to demand and supply proportion will <em><u>rise,</u></em>
and then to control the demand of bond, and control the purchase of bond, the nominal interest rate provided on bonds will <em><u>fall.</u></em>
11th edition miroconitionals plus new my econlab
Multiply the amount borrowed by the interest rate:
8,700 x 0.06 = 522
Answer: $522
