I believe the correct answer among the choices is:
b) They do not capture most nonmarket economic activity
<span>The National Income and Product Accounts or NIPA is one
of the main sources of the data on general economic activity in the United States.
The greatest drawback to this is that it is only a prediction, it does not
really reflect all the acitivities.</span>
Answer:
The correct answer is: increase; rise; more; lower; option d.
Explanation:
An expansionary monetary policy leads to an increase in the money supply. This further causes the demand for goods and services increase. A rightward shift in the aggregate demand curve causes the price level to rise.
At a higher price level, the firms will produce more goods and services. To increase output, they will need more inputs. As a result, the rate of unemployment will decrease.
We see that there is a trade-off between inflation and unemployment. At lower inflation, the rate of unemployment will be higher and vice versa.
Answer:
Average fixed cost= $1.43
Explanation:
Giving the following information:
Production costs:
Rent= $5,000
Direct labor= $2,500
Direct material= $5,000
Usually, the direct labor cost is variable. In some conditions, it is a fixed cost. <u>We will consider it as a variable cost.</u>
Total fixed cost= 5,000
Average fixed cost= 5,000/3,500
Average fixed cost= $1.43
Answer:
125%
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Let x = percentage change in price
o.4 = 50 / x
x = 125
Answer:
The correct word for the blank space is: Target market.
Explanation:
The target market is the sector of the market that companies look forward to offering their goods or services. After segmentation analysis, firms determine their specific niche so they can specialize in manufacturing a product that will better match consumers' needs, thus, it is more likely they will purchase the product. Target marketing is based on the central Marketing Theory.
