"The US Home Mortgage market initiated the 'global economic recession' of 2008-2009."
Biggest economic recession since the Great Depression back in the '30s.
Answer:
opportunity cost of producing bananas = 2 pounds of apples per pound of bananas
Explanation:
production possibilities frontier (in pounds):
Apples Bananas
500 1,200
300 1,300
between the two points the production of bananas increases by 100 pounds, while the production of apples decreases by 200 pounds, so the opportunity cost of production bananas instead of apples = 200 pounds / 100 pounds = 2 pounds of apple per pound of bananas
The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.
- The component that is often shifted are consumption spending, investment spending.
In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.
The rate of government spending, and often rise.
An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.
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Answer:
Instructions are listed below
Explanation:
Giving the following information:
The company sells a product for $ 45 per unit.
Variable costs are $ 35 per unit.
Fixed costs are $ 2300 per month.
The company expects to sell 560 units in September.
A) contribution margin per unit= selling price - variable costs
contribution margin per unit= 45 - 35= $10
B) Total contribution margin= contribution margin*units sold= 10*560= $5600
C) contribution margin ratio= contribution margin/ selling price= 10/45= 0.2222