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3 years ago

Operations management is the management of:

1 answer:

4 0

designing and controlling the process of production and redesigning business operation in the production of goods and services.

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An economy is described by the following equations:C = 1,500 + 0.9 (Y – T)I p = 1000G = 1,500NX = 100T = 1,500Y* = 8,800The mult

xz_007 [3.2K]

Answer:

a. Increases by 1000 to 9800

b. Increases by 900 to 9700

c. Decreases by 1000 to 7800

Explanation:

The multiplier in economics is a concept that measures the rate of change in output as a result of a unit change in spending. In other words, it explains that a given change in consumption or investment spending will result in a greater change in aggregate output, thus called multiplier

a. Given Y*=8800 in the question and Multiplier= 10, we can calculate the effect of a 100 unit increase in government purchases:

∆Y/∆G=1/(1-MPC)= 10

Thus, ∆Y/100=10

∆Y=1000 ; Thus if government purchases increases by 100, economic output increases by 1000, from 8800 to 9800 (8800+1000).

b. A decrease in tax collections from 1,500 to 1,400 implies 100 units tax reduction

The tax multiplier is given as

∆Y/∆T=(-mpc)/(1-mpc)

Mpc = 0.9, (it was gotten from consumption equation C)

Thus, ∆Y/(-100)=(-0.9)/(1-0.9)

∆Y/(-100)=-9

∆Y= 900; This is an increase in output.

Thus, a decrease in tax collections by 100 increases economic output by 900 to 9700 (8800+900)

c. A decrease in planned investment spending by 100 from 1,000 to 900 is evaluated thus:

(∆Y/∆I)= 1/(1-MPC)= 10

∆Y/(-100)= 10

∆Y= -1000; This implies a decrease in economic output by 1000 from 8800 to 7800 (8800-7800)

Thus, a decrease in planned investment spending by 100 from 1,000 to 900 decreases economic output to 7800

NOTE: MPC is marginal propensity to consume. It is the slope of the consumption function.

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3 years ago

"A complete supply chain dedicated to the reverse flow of products and materials for the purpose of returns, repair, remanufa

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Answer:

C or D

Explanation:

Packaging systems or Reverse logistics systems.

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3 years ago

Click this link to view O*NET’s Skills section for Secondary School Special Education Teachers. Note that common skills are list

zhenek [66]

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instructing

learning strategies

active listening

Explanation:

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3 years ago

Contributions with no eligibility requirement restricted by an external donor for a particular operating purpose would be report

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Answer:

Explanation:

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3 years ago

Early in January, the following transactions were carried out by Maxwell Communications. Sold capital stock to owners for $35,00

Rina8888 [55]

Answer:

Part a

Assets Liabilities Owners Equity

Balances $308,250 $108,250 $200,000

Part b

Transaction # Assets Liabilities Owners Equity

1 + $35,000 (Cash) nill + $35,000 (Capital)

2 + $35,000 (Land) +67,500 (Note Payable) nill

+ $55,000(Buildings)

- $22,500 (Cash)

3 + $9,500 (Office Equi) + $9,500 (Acco Payable) nill

4 +$20,000 (Cash) +$20,000(Note Payable) nill

5 - $22,250 (Cash) -$20,000(Acco Payable) nill

Explanation:

<em>Hi, I have attached the full question below as images.</em>

Part a

Here simply calculated the totals of Assets, Liabilities and Owners Equity at December 31.

Part b

Remember for every transaction, there are two or more accounts affected. To find the effect of transactions, the first step is to identify the the Accounts affected and the amounts to effect these accounts. Determine if the Account is being increased or decreased. Lastly record the effect as required under the Element of Assets, Liabilities and Equity.

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3 years ago