Answer:
Should be done: a counter cyclical or a growth-oriented fiscal policy ,deficit spending and stabilize the aggregate demand.
Explanation:
Keynesian economy is a macroeconomic theory based on the views of the 20th century British economist John Maynard Keynes. Keynes' economy advocates a mixed economy where the private sector is predominant but the state and the public sector play a major role. According to the Keynesian theory, the sum of all the micro-economic behaviors shown by all individuals and businesses results in inefficiency and the economy operates at a level below its potential output and growth. When total demand for products is insufficient, the economy enters a crisis and unnecessary unemployment arises due to defensive behavior of the producers. In such cases, the government may pursue policies to increase aggregate demand, and as a result may accelerate economic activities and reduce unemployment. Most Keynesian propose policies to stabilize the business cycle. For example, if the unemployment level is too high, the state can pursue a growth-oriented monetary policy.
Keynes was thinking of reviving the economy with low interest and state investments as a solution to the Great Depression. The government increases investment income and consequently consumption, resulting in more production and investment, resulting in increased consumption again. The first economic stimulus investment triggers a series of events and the subsequent investment provides a much tougher economic efficiency. According to Keynes, money supply is provided by monetary authority (eg central bank) and monetary policy affects prices. When interest rates fall below this normal rate, investors avoid buying bonds and prefer to hold cash in anticipation of higher rates. When interest rates are above this normal rate, they tend to buy bonds with the expectation that they will fall. Therefore, it can be said that there is a negative relationship between money demand and interest rate.
Answer:
The Breakeven point is 13,000 units.
Explanation:
The breakeven point can be found from the following equation:
Breakeven units = Fixed Costs / Contribution Per unit
Here, contribution per unit is $5 per unit which is the difference between the selling price and variable costs per unit.
The fixed cost here is $65000.
By putting the values in the above equation, we have:
Breakeven units = $65,000 / $5 per unit = 13,000 units
Answer:
Total cost for 316 returns $3,962
Total cost for 408 returns $4,974
Total cost for 524 returns $6,250
Explanation:
The total cost incurred by Pharoah with the Mega Tax software is given by the fixed cost of $486, referring to the annual fees, added to the cost per tax return of $11 multiplied by the volume of returns filed (n):
i. if 316 returns are filed? (n = 316)
ii. If 408 returns are filed? (n = 408)
iii. If 524 returns are filed? (n = 524)
Total cost for 316 returns $3,962
Total cost for 408 returns $4,974
Total cost for 524 returns $6,250
Answer:
<u><em>The answer is</em></u>: <u>True.</u>
Explanation:
<u>There are several sources that offer financial aid to help students.
</u>
Financial aid can come from federal sources, from the state, from educational or private institutions that help you pay for the university or professional institute.
The federal government offers several financial aid programs. Federal student aid covers expenses such as tuition and fees, room and board, books and supplies, as well as transportation. It can also help pay other related expenses, such as a computer and caring for dependents.
The U.S. Department of Education grants more than $ 120 billion a year in scholarships and grants, funds for the Study and Work Program, and low interest loans to more than 13 million students.
Thousands of educational institutions across the country participate in federal student aid programs.
<u><em>The answer is</em></u>: <u>True.</u>
the bank has 7500 accounts. 2500 multiplied by 3 is 7500, and 7500 divided by 3 is 2500.
