Answer:
Dear Professor, I just wanted to let you known I failed my homework because, after I moved I have no access to the internet. I am very sorry.
The name which is given to the session that is a continuous discussion to <em>bring out</em> innovative ideas from employees is called:
According to the given question, we are asked to state the name which is given to the session that is a continuous discussion to <em>bring out</em> innovative ideas from employees.
As a result of this, we can see that when a group of workers sit down together to bring out a new idea that would be innovative to their company, then we can say that they are brainstorming because they bring ideas that would improve overall business and profit
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Answer:
The marginal propensity to save (MPS) is the portion of each extra dollar of a household's income that's saved. MPC is the portion of each extra dollar of a household's income that is consumed or spent. Consumer behavior concerning saving or spending has a very significant impact on the economy as a whole.
Multiplier Effect
for every dollar the government spends, it will create a greater than one dollar change in GDP
Spending Multiplier
1 / 1-MPC or 1 / MPS; increase in spending .: + multiplier; decrease in spending .: - multiplier
Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit.
Crowding out in businesses an economic concept that describes a situation where personal consumption of goods and services and investments by business are reduced because of increases in government spending and deficit financing sucking up available financial resources and raising interest rates.
Explanation: Marginal Propensity to Consume
the fraction of any change in disposable income that is consumed; MPC = change in C / change in DI
Marginal Propensity to Save
the fraction of any change in disposable income that is saved; MPS = change is S / change in DI
Answer:
$33,500
Explanation:
Relevant data provided
Total Credit Sales = $670,000
Percentage of bad debts = 5%
The computation of Bad Debt Expense is shown below:-
Bad Debt Expense = Total Credit Sales × Percentage of bad debts
= $670,000 × 5%
= $33,500
Therefore for computing the bad debt expenses we simply multiply the total credit sales with percentage of bad debts.
