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kenny6666 [7]
3 years ago
11

Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co

nsumption spending and The slope of the consumption function is the Changes in consumption can be predicted by multiplying the change in by the If the MPC=0.80 and disposable income increases by $1000 , then consumption will increase by what amount? Assume that there is no multiplier effect. $
Business
1 answer:
White raven [17]3 years ago
7 0

Answer:

Disposible income.

Marginal propensity to consume.

Disposible income, marginal propensity to consume.

The consumption will increase by  $800

Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given:  MPC = 0.80

           Disposible income increases by $1,000

consumption increase =  0.80*$1000

                                     = $800

Therefore, The consumption will increase by  $800.

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Hans entered the U.S. on December 15, 2013 in F-1 immigration status. He had never been to the United States before and he did n
Taya2010 [7]

Answer:

<u>a. True.</u>

Explanation:

The F-1 immigration status visa allows a foreigner like Hans to pursue academic studies in the United States.

It is important to note that an F-1 status holders can work legally and earn income on-campus, through scholarships etc, and are therefore <em>mandated </em>to file tax returns reporting all such income and pay taxes on it.

Since Hans arrived in the United States for the first time, he can file as nonresidents for tax purposes.

8 0
3 years ago
Broker Ed owns a building he wants to lease or sell. Which of the following represents legal advertising?
AlekseyPX

Answer:

d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788

Explanation:

From the above, we can see that the last option chosen contains the most complete information as against the others that do not state all relevant information. Laws in most countries covering advertising demand full disclosure of all relevant information when advertising a sale for instance or it would be considered illegal advertising. From the example, the seller had stated appropriately in the last option that he is an owner broker, letting the prospective buyer know that the property being sold is also owned or partly by the one who is listing the property for sale, or member of the listing team. The name is also stated the name which was not disclosed in the previous options

3 0
3 years ago
Discuss what happens to overhead rates that are based on direct labor when automated equipment replaces direct labor. Would manu
denis-greek [22]

Answer:

Manufacturing overhead rates based on direct labor will increase and the total overhead itself will increase as a result of the increased use of equipment instead of direct labor.

Explanation:

When overhead rates are based on direct labor and automated equipment replaces direct labor, the number of direct labor hours will decrease.  This will cause an increase in the predetermined overhead rates since fewer direct labor hours will now divide the same or even an increased level of overhead.  Even the overhead costs will increase from the replacement of direct labor with equipment.

6 0
3 years ago
Explain the definition of Human Resources Management
Arlecino [84]

Answer:

Human resource management (HRM or HR) is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. HR departments are responsible for overseeing employee-benefits design, employee recruitment, training and development, performance appraisal, and reward management, such as managing pay and Employee benefits benefit systems. HR also concerns itself with organizational change and industrial relations, or the balancing of organizational practices with requirements arising from collective bargaining and

Explanation:

The Oppoturnity to employ Workers and to make sure their comfortable

5 0
3 years ago
Hart Technology must accrue a loss contingency. The amount of the loss can be reasonably estimated within a range of outcomes. O
Shtirlitz [24]

The amount of loss that should be recognized is the <u>minimum amount </u><u>of the </u><u>range. </u>

<u />

<h3>Recording a Contingent liability </h3>
  • It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
  • If neither of the above are possible, the loss would be recorded as a footnote.

US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.

In conclusion, they should recognize the minimum amount.

Find out more on contingent liabilities at brainly.com/question/17371330.

3 0
2 years ago
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