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tensa zangetsu [6.8K]
3 years ago
11

In the simple Keynesian model, there are three simplifying assumptions. Among these assumptions is: __________

Business
1 answer:
polet [3.4K]3 years ago
8 0

Answer: B and C

No foreign sector

The price level is constant until the economy reaches its full-employment level

Explanation:

Keynesian economics refers to the theory that relates to total spending in the economy and how it affects output, Inflation and employment in the economy.

Assumptions of the Keynesian Model include:

• No foreign sector as economy is closed.

• Demand creates its own supply.

• The aggregate price level is fixed. ...

• The price level is constant until the economy reaches its full-employment level

• No retained earnings etc.

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The copyright act of ____ gives the owner of a copyright the exclusive right to publish, reproduce, distribute, perform, or disp
san4es73 [151]
Buying a patent i believe 
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Clean N Green is a two-year-old company that makes wind turbines. The business owner, Janelle, is struggling to compete. Finding
Talja [164]

By simplifying work and increasing output per worker is this approach to job design most likely to help Clean N Green

Explanation:

Job design is the organisation of work into the tasks necessary to perform a certain task. Job design includes conscious efforts to organise tasks, assignments and duties into some kind of unit of work to reach certain goals.

It is achieved by facilitating specialisation across simplified work, which in turn increases efficiency.

Due to the fact that job simplification makes employment routine, monotonous and boring, workers are eventually disliking the job, thereby increasing absenteeism and turnover.

7 0
3 years ago
If an auditor is expected to detect the overstatement of sales, what should the auditor trace transactions from?.
-Dominant- [34]

If an auditor is asked to observe the overstatement of sales, the auditor trace transactions from The cash receipts diary should be linked to the sales journal.

<h3>How would an auditor detect the overstatement of sales?</h3>

The auditor detect the overstatement of sales are given below-

  • Observe a sample of transfers from the sales journal to the central ledger's sales account.
  • Approve a sample of sales from the sales diary to the shipment papers.

Thus, The cash receipts diary should be linked to the sales journal.

For more information about overstatement of sales, click here:

brainly.com/question/4606877

#SPJ1

7 0
2 years ago
At the beginning of the year (January 1), Buffalo Drilling has $12,000 of common stock outstanding and retained earnings of $7,1
Mrrafil [7]

Answer:

                                Statement of stockholders' equity

                              at the end of the year (December 31)

                                     <u>Common Stock</u>        <u>Retained Earning</u>       <u>Total</u>

Opening Balance              $12,000                       $7,100               $19,100

Income for the year                                                $7400              $7400

Dividend Paid                                                        ($2,100)             ($2,100)

Common stock issuance  <u> $6,900  </u>                  <u>                 </u>           <u> $6900  </u>

End of the year Balance    $18,900                    $12,400             $31300

3 0
3 years ago
Evans Ltd. is now considering the possibility of offering a lifetime membership option to its subscribers. Under this proposal,
Ahat [919]

Answer: $329.75

Explanation:

The one year subscription is $40 per year. It is estimated that the average age of current subscribers is 38 and they will leave on average to 78. This means that they will leave for,

= 78 - 38

= 40 years

Evans Ltd  average interest rate on long-term debt is 12% so this means that we can use that 12% as a discount rate for the cash-flow expected.

I have attached a Present Value Interest Factor of an Annuity table to this question. It helps calculate annuities faster.

The above can be treated as an annuity because the $40 is constant every year.

The present value of the $40 over 40 years can be calculated by,

= $40 * present value Interest Factor of an Annuity for 40 years at 12% (look at the table for where 40 years on the y axis intersects with 12% on the x axis)

= $40 * 8.2438 (this is the figure when it is not rounded off to 3 dp)

= $329.752

= $329.75

This shows that the lifetime flat fee of $480 is more profitable for Evans Ltd as opposed to the yearly subscription. They should therefore try to sell more of the lifetime contract with the flat fee.

3 0
3 years ago
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