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liq [111]
2 years ago
8

Suppose you own a small business and have been thinking about expanding production, including hiring more workers. Until recentl

y, interest rates at your bank have been too high for you to obtain a loan. However, the central bank decides to expand the money supply, which lowers interest rates to a level where you can take out a loan and expand production.
A) Please explain the ways in which your actions affect the macroeconomy.
Business
1 answer:
disa [49]2 years ago
6 0

Answer: Economic Growth, Employment opportunities, Standard of living improvement.

Explanation:

Macroeconomics is a branch of economics that deals with the structure, performance, behavior, and the decision-making of the economy as a whole. It includes the regional, national, and the global economies.

Expanding production will help the economy in the following ways:

1. Provision of employment opportunities: An increase in production will lead to more goods and services being offered. This will in turn, lead to more workers who would be needed for production.

2. Increase in standard of living: There will be an increase in the standard of living for people that were not employed before and now gainfully employed due to the expansion.

3. Economic growth: Economic growth is the increase in the goods and services in the economy. Increase in production will enhance economic growth.

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Dafna1 [17]

A journal entry that debits manufacturing overhead and credits property taxes payable records the purchase materials.

Journal entries can also include multiple statistics factors however usually include A header, that's a descriptor of the access kind, and the date entered within the journal; a unique numerical identifier or reference range; · One or extra debts and quantities with a view to being debited through the transaction and the date those debits are made; One or greater bills and amounts the transaction will credit and the date those credits are made; and A brief description of the transaction. magazine entries may additionally consist of statistics precise to the enterprise, along with the subsidiary or subsidiaries concerned within the transaction and the foreign money or currencies used.

Every magazine access contains the information tremendous to a single enterprise transaction, Journal entries which include the date, the amount to be credited and debited, a quick description of the transaction, and the accounts affected. relying upon the organization, it can list affected subsidiaries, tax info, and different information.

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7 0
1 year ago
"A call center has a total of 12 telephone lines coming into its customer service department, which is staffed by 5 customer ser
Dmitrij [34]

Answer:

A...increase

B...be unchanged

C....increase

Explanation:

It should be understood that it is only the telephone lines that was increased and not the number of the customer representatives, and also the number of the time they were using to attend to each customer was not reduced. So in this case, the number of customers that will be experience delay will definitely increase, why the time spent on phone by the customer representatives will remained unchanged, and the customer representatives utilization will increase too.

7 0
3 years ago
On December 15, 2013, Rigsby Sales Co. sold a tract of land that cost $3,600,000 for $4,500,000. Rigsby appropriately uses the i
Dahasolnce [82]

Answer:

a. Realized gross profit of $100,000.

Explanation:

In 2013, Rigsby Sales Co would realize:

Gross profit percentage = ($4,500,000 - $3,600,000) /4,500,000

Gross profit percentage = 0.20

Gross profit percentage = 20%

Gross profit to be realized is

Gross profit = Installment received * Percentage of gross profit

Gross profit = $500,000*20%

Gross profit = $100,000

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3 years ago
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Fraud

Explanation:

7 0
3 years ago
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Why is it important to understand the competition your business faces?
fomenos

Answer:

It can help you to make your products, services and marketing stand out. You can use this knowledge to create marketing strategies that take advantage of your competitors' weaknesses, and improve your own business performance.

5 0
2 years ago
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