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3 years ago

What are some actions that may be taken by a nation to reduce interest rates in a country

Business

1 answer:

photoshop1234 [79]3 years ago

3 0

Answer:

If needed, the Federal Reserves has the ability to lower interest rates.

Explanation:

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A large group of fans are upset about the high price of tickets to many events. As a result of their lobbying efforts, a new law

Ierofanga [76]

Answer:

The correct answer is: shortage; elastic; same number of.

Explanation:

Suppose the price ceiling is fixed at $50. The market equilibrium price is more than $50. This means that the price ceiling is binding.

Fixing the price ceiling below the equilibrium price level will create a shortage of tickets. There is an inverse relationship between price and quantity demanded. So the quantity demanded will be higher at a lower price. The quantity supplied on the other hand will be lower. This is because the quantity supplied is positively related to the price.

So at the ceiling price the quantity demanded will be higher than the quantity supplied. This shortage will be more if the demand is elastic. An elastic demand implies that a decrease in price will cause the quantity demanded to increase to a greater extent.

5 0

3 years ago

At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos

Kay [80]

Answer:

$28

Explanation:

Step 1:

If a company sells a product at $60 each and makes a sale of $15,000, the number of units of items produced is

$15,000 ÷ $60 = 250 units.

Step 2:

To calculate the company's contribution margin per unit,

we have, (unit selling prices - unit production cost)

unit selling price is #60

unit cost of production is (total cost of prodcution ÷ number of units)

total cost of production is $4,000+ $1,000+ $2,000+ $1,000 = $8000

Unit cost of production is $8000 ÷ 250 = $32

i.e it takes $32 to manufacture 1 product.

Contribution margin = $60 - $32

= $28

∴ the contribution margin is $28.

Cheers.

6 0

3 years ago

Explain how specific alternative work arrangements can motivate employees.

Andrew [12]

Employee involvement programs can increase job satisfaction, employee morale and commitment to the organization, as well as increase productivity, reduce turnover and absenteeism and enhance the quality of products and services. Efforts to involve employees in meaningful ways include: Self-managed work teams

6 0

3 years ago

Many people have strong negative reactions to pop-up, pop-behind, interstitial, and rich media ads. Assume you are the director

julsineya [31]

Answer:

Im on a private jet eating popeyes chicken, i be flexing like im eating popeyes spinach

Explanation:

plato users

3 0

3 years ago

Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th

nydimaria [60]

Answer:

Journal entry to record depletion expense

Depreciation expense $280,000 (debit)

Accumulated depreciation $280,000 (credit)

Explanation:

The coal mine is an economic resource controlled (ownership of risks and benefits) by Last year, Mountain Top, Inc as a result of past event (purchase transaction) from which economic benefits are expected to flow into the business (cash from sale of minerals).Therefore the coal mine is an asset!

The asset is being depleted as it is being used. This is called depreciation.

Depreciation expense in this case is calculated as :

Depreciable Account × Current harvest as a percentage of total estimated tons available

(900000-100000)× 70000/200000 = $280,000

6 0

3 years ago