Answer:
$ 20000
$500
$ 20000
0
Explanation:
Fixed cost is cost that does not vary with output. It remains the same regardless of output produced.
Fixed cost would be $20,000 regardless of the output produced.
Variable costs vary with output level.
If 100 units are produced and variable cost per unit is $5, variable cost would be 100 × $5 = $500
If 0 unit is produced and variable cost per unit is $5, variable cost would be 0 x $5 = 0
Total cost is the sum of Fixed cost and variable cost
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Answer:
file a fair housing complaint with HUD and try to collect a commission.
Explanation:
Home owners that want to sell or lease property are prohibited from discriminating against tenants or future home owners on the basis of race, sex, family affiliations or other grounds.
So the homeowner not willing to to sell his home to someone with children but rather looking for someone without children is a discrimination against the new homeowner.
The broker should file a complaint with HUD and try to collect a commission for services rendered.
Answer:
Businesses begin to hire again.
Explanation:
Economic recovery is <u>the phase of the economy that follows a recession, during which an economy regains and exceeds peak employment</u> and output levels prior to downturn.
A recovery period is <u>characterized mainly by</u> high levels of growth in real gross domestic product, <u>employment</u>, corporate profits, and other indicators.
Therefore as given in the scenario, ''after several quarters of a severe recession, the reason there might be <u>a decrease in the official unemployment rate is because of growth in employment as businesses begin to hire again.</u>
Tax multiplier amount = -9.00.Real GDP changed or increased by $9 billion. Less than $1 billion in spending would be required by the government. The explanation is that the tax multiplier's absolute value is bigger than the expenditure multiplier's absolute value, which is 10.
MPC = 1 - 0.90 = 0.10 MPS = Marginal Propensity to Save = 1 MPC = 1 - 0.90 = 0.10
As a result, we have:
The tax multiplier is equal to MPC / MPS, which is 0.90 / 0.10, or -9.00.Reduced tax X=-$1 billion
Tax multiplier equals -9.00.
Amount of change or growth in real GDP equals a decrease in taxes, multiplied by a -$1 tax multiplier.Multiplier for expenses = 1/ MPS = 1/ 0.10 = 10Real GDP growth is equal to the change in government spending multiplied by the expenditure multiplier (1). Solve for by substituting the appropriate values into equation (1). Government spending has changed.We possess.Change in government spending of $9 billion $9 billion / 10 = $0.90 billion in changes to government spending in one year.Given that the expenditure multiplier produced a change in government spending of $0.90 billion, this suggests that less than $1 billion in expenditures would be required.
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