Answer:
Solow growth rate = growth rate of long run real GDP on LRAS = 3%.
Spending growth rate = 10%. Hence rate of inflation is 10% - 3% = 7%. This is because AD meets LRAS to determine a combination of Solow growth rate and inflation rate.
In the long run SRAS meets LRAS as well as AD. Hence, rate of inflation in long run equals the rate of expected inflation. Thus expected inflation is also 7%.
Answer:
Facilitator
Explanation:
Facilitators manage the meeting process.
Hope that helps!
Answer: c. $7,100
Explanation:
Supplies cost according to the flexible budget is to be calculated based on the actual level of activity.
The cost is:
= Fixed cost + (Variable cost * actual level of activity)
= 2,240 + (6 * 810)
= 2,240 + 4,860
= $7,100
Answer:
Psychographic
Explanation:
Psychographic segmentation separates the audience by their personality. Segmentation is done based on available data on the “budget-consciousness” of the people, separating those among them who consider themselves particularly frugal from those who are less concerned about how much they spend.
Product offerings are now made based on interests, values, and lifestyle, which determines the level of willingness to spend.
The key word is budget-consciousness”