Answer: The correct answer "e. lower; rise; raises".
Explanation: According to the keynesian transmission mechanism, a rise in the money supply will <u>lower</u> the interest rate, causing a <u>rise</u> in investment demand, which then <u>raises</u> Real GDP.
because a decrease in the interest rate, would cause companies to decide to take loans to invest, thus increasing investment and as a result would increase GDP
Answer:
The correct answer is $33,880.
Explanation:
According to the scenario, the given data are as follows:
Direct labor = $5.60 per unit
Actual level of Activity = 6,050
So, we can calculate the direct labor in planning budget by using following formula:
Direct labor in planning budget = Actual level of Activity × Direct labor
By putting the value, we get
Direct labor in planning budget = 6,050 × $5.60
= $33,880
Hence, The direct labor in the planning budget for May would be closest to $33,880.
Answer:
The marginal cost of an additional unit of output is $145
Explanation:
The computation of marginal cost of an additional unit of output is shown below:
= Change in total cost ÷ change in production level
where,
Change in total cost = Increased cost - previous cost
= $9.4 million - $6.5 million
= $2.9 million
Thus, change in total cost is $2.9 million
And, change in production level = New production level - existing production level
= 70,000 - 50,000
=20,000
Thus, change in production level is 20,000
Now,
Apply the above values in the formula which is equals to
= $2.9 million ÷ 20,000
= $145
Hence, the marginal cost of an additional unit of output is $145
If your unemployment rate is high, that means you're making less money in all. If many people are without jobs, that means your labor force is also weak. Your employers will make a lot of cutbacks.
I would say Sales Representative because a receptionist works front desk mail clerk does mail accountant has its own office