Answer:
$20,000
$80,000
Explanation:
Fixed cost is the cost that does not vary with output.
Fixed costs = cost of interest + other yearly fixed cost
(0.05 x $80,000) + $16,000= $20,000
Total cost is the sum of fixed and variable cost.
Variable cost is the cost that varies with output. If output is zero, variable cost would be zero.
Total cost = fixed cost + variable cost
= $20,000 + $60,000 = $80,000
Answer:
Some minimum wage workers will be better off since they will earn a higher salary, people are happy when they earn more money.
But other minimum wage workers may be worse off, since the quantity demanded for minimum workers will decrease, so it will be harder for them to find new jobs and some currently working might even get fired.
Basically all the fast food restaurant owners will be worse off, since they are forced to pay a higher than equilibrium price for labor, so their profit margins will be reduced.
Answer:
C
Explanation:
A.private investment decreasesB.it has no immediate effect on the economy.C.the government can stimulate the economy when income is unusually low.D.the public does not voice concern about the national budget
A deficit occurs when government spending exceeds income either because it spends more than it earns or taxes are too low
A balanced budget is when government spending equals income
benefits of a budget deficit
- it allows the government to carry out stabilization policies
- it allows the government spread discretionary tax overtime
Answer:
Because of their data. it improves their experience.
Explanation:
Answer:
According to the situation given in the question, if a country's supply of loan able funds shift rights , then A) the net capital outflow will increase and so the exchange rate will fall.
Explanation:
According to the situation given in the question , the supply of funds available for loan, depends upon the national savings, so if there is high amounts of national savings available it means the funds are available for the borrowers, who are in need of funds for their investment projects. And the demand for funds available for loan comes from the domestic investment and net capital outflow.
If the supply of funds are high in the economy then obviously the interest rate will also come down and the net capital outflow will be more.
