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N76 [4]
3 years ago
10

If an economy experiences a decrease in aggregate demand due to a decline in consumer confidence and output falls below potentia

l GDP, which of the following is likely to occur?
a. rise in unemployment
b. more consumption and less saving
c. immediate adjustment back to potential GDP
d. increase in price inflation
Business
1 answer:
attashe74 [19]3 years ago
7 0

Answer:

a. rise in unemployment

Explanation:

Aggregate demand is a term describing the total demand for goods and services in the economy. If the aggregate demand rises, it means the country's population is requesting more goods and services.  Production will increase to meet the new demand, and consequently, the GDP will grow.

Should the economy experience a fall in aggregate demand, industries will  reduce the level of production.  GDP is the total production in the economy. If the output is below the potential GDP,  it implies a decline in production. The economy is slowing down. The manufacturing and service sectors will cut down production. Reduction in production mean industries will lay-off employees. Unemployment will rise as industries will not create employment opportunities for job seekers.

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Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
zimovet [89]

Answer: a. 2.8

Explanation:

Given : Population mean : \mu=\$6,000\text{ per day}

Sample size : n= 49> 30 , the sample is a large sample  we use z-test.

Sample mean = \overline{x}=\$6,400\text{ per day}

Standard deviation : \sigma= \$1,000

The test statistic for population mean is given by :-

z=\dfrac{\overline{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}\\\\\Rightarrow\ z=\dfrac{6400-6000}{\dfrac{1000}{\sqrt{49}}}=2.8

Hence, the value of the test statistic is 2.8

8 0
3 years ago
Lewis is the manager of the marketing department at his company. Some of his colleagues are also his friends. Lewis often lets h
pshichka [43]

Answer: Justice.

Explanation:

Justice is not being totally applied by Lewis in controlling the marketing department, as he uses different controlling technique for his friends and a harsher control technique for others. For Lewis to be just, he has to apply same controlling techniques for all workers.

3 0
3 years ago
If a health inspector comes for a health inspection and there is no manager present the employee on duty should
Fittoniya [83]

Answer

If a health inspector comes for a health inspection and there is no manager present the employee on duty should ask for identification.

Explanation:

Food inspector can come any time for inspection usually they come according to posted facility hours. Late night bars with food can be checked till 11:00 pm.

Train your manager, front desk operator, chef or person in charge to check the inspector's credentials. Because some people have tried to enter restaurants as health inspectors but they were not from the health department. Chef and other trainees should follow the inspector when he goes to the kitchen or back door areas.

Manager or person in charge should assist him and answer politely if asked anything by him. If you will be polite and cooperative, an inspector will cooperate with you. He will give you time to give an explanation before he encircles the wrong things.

7 0
3 years ago
Read 2 more answers
When marketers use a variety of communication disciplines-advertising, personal selling, sales promotion, public relations, dire
BARSIC [14]

<u>Answer:</u>

<em>It is referred to as </em><u><em>Integrated marketing communications  </em></u>

<u></u>

<u>Explanation:</u>

IMC speaks to the advancement P of the "four Ps". It envelops an assortment of correspondence disciplines publicizing, personal selling, deals advancement, advertising, direct showcasing, and web-based promoting, including web-based life in the mix to give transparency, consistency, and most extreme open effect.

IMC folds correspondences over clients and causes them to travel through the different phases of the purchasing procedure. The association combines its picture, builds up an exchange, and supports its association with customers.

3 0
3 years ago
Assume that Mahmood Corp. lends Ahmad $10,000 in exchange for a $10,000,
kolezko [41]

Answer:

1) the present value of the note:

PV of face value = $10,000 / (1 + 8%)³ = $7,938.32

PV of interest payments = $1,000 x 2.5771 (PV annuity factor, 8%, 3 periods) = $2,577.10

PV of note = $10,515.42

2) Dr Notes receivable 10,515.42

         Cr Cash 10,000

         Cr Discount on notes receivable 515.42

3) assuming the loan was made January 2, 2021

Date                         Cash flow     Discount         Balance

January 2, 2021       -$10,000                             $10,515.42

January 2, 2022       $1,000        $171.81            $10,343.61

January 2, 2023       $1,000        $171.81             $10,171.80    

January 2, 2024       $11,000       $171.80                  $0

4) December 31, accrued interest on notes receivable

Dr Interest receivable 1,000

Dr Discount on notes receivable 171.81

      Cr Interest revenue 1,171.81

7 0
2 years ago
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