As a manager, Tim has realize that active listening is important because IT INVITES OTHERS TO LISTEN TO YOU.
Active listening involves carefully concentrating on what is been said by the other person, it involves listening will all of one's senses. Actively listening to others make others to listen when one is talking.
According to the question, consumers' disposable income increased by $341 billion and their spending increased by $299 billion. The MPC was 0.877.
<h3>What do you mean by the MPC?</h3>
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.
Keynesian macroeconomic theory includes a concept known as marginal propensity to consume, which is determined as the change in consumption divided by the change in income.
Here,
Income increased = $ 341
Spending increased = $ 299
MPC = 299/341
MPC = 0.877
Therefore, consumers' disposable income increased by $341 billion and their spending increased by $299 billion. The MPC was 0.877.
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Answer:
First year Interest rate expenses = 11% * $590,000 = $64,900
Explanation:
Total leased payment = deposit + total instalment
= $110,000 + 4(120,000)
= $110,000 + $480,000
= $590,000
A modest inflation would help the car manufacturing industry compete with foreign car manufacturers because c. It could allow real wages to downwardly adjust more easily.
<h3>How would a modest inflation help with foreign competition?</h3>
When there is modest inflation, it means that the real wages paid to the employees in the car companies would fall.
This would reduce the real costs to the card companies in terms of producing cars. They will then be able to charge lower selling prices which would allow them to compete with cheaper imports.
Options for this question include:
a. The consumers of the cars have increased purchasing power.
b. Business loans would cost less for the U.S. car manufacturers.
c. It could allow real wages to downwardly adjust more easily.
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