Answer:
B. S and I drop by $0.60 trillion.
Explanation:
We know that
Y = C + I + G
$12 trillion = $8 trillion + I + $2 trillion
$12 trillion = $10 trillion + I
So, I = $12 trillion - $10 trillion
= $2 trillion
As the government purchases increase from $2 trillion to $2.60 trillion
and the rest of the things remain the same.
So New I = $12 trillion - $8 trillion - $2.60 trillion
= $1.4 trillion
So, the difference would be equals to
= $2 trillion - $1.4 trillion
= $0.6 trillion
The $0.6 trillion reflect fall in the investment
And the saving and the investment are equal to each other
Hence, the B option is the right answer
Answer:
Explanation:
Base on the scenario been described in the question, we use the following method prepare and slove the given problem
Solution to the problem is in file attached below
Option c will be
Base on this, the Cost of goods sold: $ 934
Answer:
The PPF graph is attached.
The Production possibilities frontier PPF is a curve that illustrates the various amounts of two products that can be produced if both products rely on the same, finite resources for their existence. (Bloomenthal, 2020)
In the graph (attached), the y-axis has capital goods and the x-axis has consumption goods. A is a level where the country/ organisation can produce goods but resources are not maximised. B is also a production level, but it is unattainable because the resources are not enough
.
a. In the current period, we shall say the goods produced are on point C; that is C1 of consumption goods and C2 of capital goods are produced. More of the capital goods are produced than the consumption goods. If this is profitable, the organisation can continue producing at this level. if is not profitable, or there is a hindrance in growth (e.g. capital goods decrease in demand) due to this production level, the organisation can move to level D. Production level D has D1 consumption goods and D2 capital goods. There are more consumption goods being produced than capital goods.
b. Production level E is has E1 consumption goods and E2 capital goods. There are more consumption goods being produced than capital goods. The growth level depends on the profitability of each level. if level D was not profitable enough in the current period, the economic status will force the organisation/country to move to production level E.
All these production levels affect economic growth. If none of these production levels are economically wise, the country/organisation may end up having to use all resources for production of one good and trade with another country/organisation to have the other, in the next cycle.
Answer:
14,105
Explanation:
Calculation for What would be the equivalent units for conversion cost using the weighted average method
Equivalent units for conversion cost=[(1,300 + 13,000 - 650 )×100%]+ (650 × 70%)
Equivalent units for conversion cost=(13,650 × 100%) + (650 × 70%)
Equivalent units for conversion cost=13,650+455
Equivalent units for conversion cost= 14,105
Therefore What would be the equivalent units for conversion cost using the weighted average method will be 14,105