Answer:
a steering wheel in an automobile.
Explanation:
Abba Lerner a twentieth-century economist, is widely known for his suggestion of the utilization of fiscal policy and monetary policy as a form of Keynesian economics. In his analysis, he declared that fiscal and monetary policy is analogous to a steering wheel in an automobile.
Hence, the correct answer to the question is "a steering wheel in an automobile."
Answer:
90.5 percent; 79.2 percent
Explanation:
The staff training center at a large regional hospital provides training sessions in CPR to all employees. Assume that the capacity of this training system was designed to be 1200 employees per year. Since the training center was first put in use, the program has become more complex, so that 1050 now represents the most employees that can be trained per year. In the past year, 950 employees were trained. The efficiency of this system is approximately <u>90.5 percent </u>and its utilization is approximately <u>79.2 percent</u>
Answer:
Please see attached.
Explanation:
a. Calculate earnings per share EPS under each of the three economic scenarios
a.2 Calculate the percentage changes in earnings per share EPS for economic expansion, or recession.
b-i calculate economic per share EPS, under each of the three economic scenarios after recapitalisation.
b-2 calculate the percentage changes in EPS when the economy enters or expand a recession assuming no recapitalisation occurred.
Please find attached detailed solution to the above questions.
Answer:
a. McGregor's Theory Y.
Explanation:
McGregor developed a a theory of motivation in the workplace.
Theory X is an authoritarian management battle where employees have little creativity and expect to be told what to do.
Theory Y is more participative. Employees take responsibility for their deliverables in an environment that encourages motivation.
Employee creativity is encouraged under theory Y.
In the given scenario the employees were praised generously. If this motivated them to produce 50% more Panama's, then we are experiencing McGregor's theory Y.
Answer:
Net operating income will increase by $8,450 per month.
Explanation:
Prepare a Incremental analysis to reflect the impact of the new circumstances.
<u>Incremental analysis </u>
Incremental Sales $17,250
Less Incremental Fixed Cost ($8,800)
Incremental Income $8,450
Conclusion :
Net operating income will increase by $8,450 per month.