<u>Solution and Explanation:</u>
<u>Setting a Goal = B
</u>
Basis the past data and knowledge, 90 seconds is set as target for maximum time to hold
.
<u>Developing a Action Plan = A
</u>
The contingent call center workers are hired for anytime service and support to ensure hold time is less than 90 seconds
.
<u>Reviewing progress = C
</u>
In mid of the project, review is done to check how many times hold time exceeded 90 seconds
.
<u>Appraising performance = D
</u>
It is done at the end post project completion with data and results
.
(a) Marginal propensity to consume (MPC) = 0.7
(b) Multiplier of this economy:
= 3.33
(c) Decrease government purchases by $300 billion,
Initial change in consumption = Change in government purchases × MPC
= $300 × 0.7
= -$210 billion
(d) This decreases income yet again, causing a second change in consumption equal to:
= Initial change in consumption × MPC
= -$210 × 0.7
= -$147 billion
(e) The total change in demand resulting from the initial change in government spending is:
= Change in government purchases × Multiplier
= $300 × 3.33
= -$1 trillion
Answer: The correct answer:
A. Managing monetary policy.
Answer:
The one-day rate of return on the index is 3.43%
Explanation:
Given that the shares were priced at;
$30 for 710,000 shares
$38 for 610,000 shares
$90 for 310,000 shares
Changes in prices of shares
$34-$30=4
$36-$38= -2
$92-$90=2
Return=change in price of shares/initial price of shares *100
The return will be;
4/30*100 =13.33
-2/38*100= -5.26
2/90*100 = 2.22
Total = 13.33+2.22 - 5.26 =10.29
10.29/3 =3.43
