During a recession, the Federal Reserve, charged with regulating the nation's economy, adds money to the system to make credit more easily available. Easy credit results in greater economic activity as businesses and individuals borrow to finance purchases and operations. This is called the liquidity effect in economics. Economist Milton Friedman coined the term "liquidity effect" in 1969 to describe how expansionary monetary policy affects three elements of the economy: interest rates, income and inflation.
Answer:
$500,000
Explanation:
The computation of the break even point in dollars is shown below:
= (Fixed cost) ÷ (Profit volume ratio)
where,
Profit volume ratio = Contribution margin per unit ÷ Selling price per unit
= $180 ÷ $600
= 0.3
Contribution margin per unit = Selling price per unit - variable cost per unit
= $600 - $420
= $180
And, the fixed cost is $150,000
Now put these values to the above formula
So, the value would be equal to
= $150,000 ÷ 0.3
= $500,000
First is Marriage, when you are married you must report to your employer to provide necessary changes in you information especially if you are a woman where your last name will be changed. Second is the Contact Details. When there is a change in your contact information you must report it immediately to your employer for urgent concerns when they need to call you.
Answer:
Extensive Problem Solving.
Explanation:
Robin is engaging in extensive problem solving by trying to get all the information she needs in order to make a choice on the best gift for her grandparent's 50th wedding anniversary.
Extensive problem solving: This can be defined as the process by which a buyer makes decision on the kind of product to purchase without having a prior knowledge or information about the product. It could be stressful and time consuming.
Extensive problem solving usually arise when buyers discovers there is a need that is new to them and the need requires a lots of effort to satisfy it. It involves getting information on the product to selecting the best brand. Robin is searching for a gift that will be accepted by both her grandmother and grandfather.
trade unions are those who get together in barganing for there rights
if there are more trade unions the barganing power is high, as he/she can't refuse when a whole lot of people are striking.