Answer:
Yes, the Keynesian economists would favor this action.
Explanation:
Keynesians argue that in times of recession, the aggregate demand should be increased through government policies so that the economy recovers and output increases. The policy by Bush government put more money in the hands of people and as such their purchasing power increased. This increase in purchasing power would lead to an increase in aggregate demand according to the Keynesians.
Answer:
Break-even point in units= 6,250
Explanation:
Giving the following formula:
selling price per unit $150
Variable cost per unit $90
Total fixed costs $300,000
Desired profit $75,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (300,000 + 75,000) / (150 - 90)
Break-even point in units= 6,250
Answer:
B. Janet's expertise is in low supply and high demand.
Explanation:
Sam's transcription occupation is in high supply and low demand ; this means that there are a lot more transcriptionist available to work than open positions employers are offering. This pushes down the salary and that explains why Sam earns $30,000 per year. Janet's occupation on the other hand pays high salary of $73,000 per year which indicate that jet propulsion specialists are in high demand but there is a shortage of expertise in the market.
Answer:
C.
Explanation:
Buy stop orders can be used for all of the following reasons except to acquire stock if a support level is broken. This is because Buy-Stop orders (also known as stop loss) are meant to limit the losses that you may incur in a bad position trade and can also be used to take advantage when a resistance level is broken, but not when a support level is broken. When supports are broken most buy stop orders will sell you out of your position to prevent further loss, if set up correctly.