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2 years ago

How does increasing interest rates decrease inflation.

Business

1 answer:

Vaselesa [24]2 years ago

3 0

Answer:

As interest rates are increased, consumers tend to save because returns from savings are higher. With less disposable income being spent, the economy slows and inflation decreases.

Explanation:

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Preparing a Direct Labor Budget Patrick Inc. makes industrial solvents. Planned production in units for the first 3 months of th

padilas [110]

Answer:

January:

Budget labor cost= $236,520

February:

Budget labor cost= $221,400

March:

Budget labor cost= $271,350

Explanation:

Giving the following information:

Planned production in units for the first 3 months of the coming year is:

January= 43,800

February= 41,000

March= 50,250

Each drum of the industrial solvent takes 0.3 direct labor hours. The average wage is $18 per hour.

Budget labor cost= number of units*0.3 direct labor hours* average wage

January:

Budget labor cost= 43,800*0.3*18= $236,520

February:

Budget labor cost= 41,000*0.3*18= $221,400

March:

Budget labor cost= 50,250*0.3*18= $271,350

5 0

4 years ago

Use the three-step demand-supply analysis discussed in class to analyze changes to the equilibrium price, and quantity in the ca

Ghella [55]

A new computer chip affects the supply curve only.

Demand-supply is an economic version of price determination in a market. It postulates that preserving all else identical, in an aggressive market, the unit price for a specific appropriate, or other traded item which includes hard work or liquid financial property, will range till it settles at a point in which the quantity demanded (at the modern price) will same the quantity supplied (on the modern-day price), ensuing in an economic equilibrium for rate and quantity transacted.

Equilibrium is a scenario wherein economic forces consisting of delivery and demand are balanced and in the absence of outside impacts the values of economic variables will no longer alternate.

Philosophical analysis is any of various techniques, typically used by philosophers in the analytic culture, to be able to "damage down" philosophical problems. Arguably the maximum prominent of those techniques is the evaluation of concepts.

Learn more about Demand-supply here: brainly.com/question/4804206

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7 0

2 years ago

Which of the following best describes a push strategy? Group of answer choices Manufacturer builds strong consumer demand for a

maksim [4K]

Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

Explanation:

In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.

6 0

3 years ago

The federal law that establishes the right to collective bargaining and limits the interference of management in the right of em

marusya05 [52]

The federal law that establishes the right to collective bargaining and limits the interference of management in the right of employees to have a collective bargaining agent is the National Labor Relations Act of 1935.

<h3>What is the National Labor Relations Act?</h3>

The National Labor Relations Act of 1935 is a key piece of American labor legislation that protects employees working in the private sector's ability to form unions, participate in collective bargaining, and conduct collective action like strikes. An important part of the law prohibited corporate unions.

By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy.

Employees have the right under the National Labor Relations Act (NLRA) to establish or join unions, take part in protected, organized actions to address or improve working conditions, or refrain from taking part in these activities.

To know more about National Labor Relations Act refer to: brainly.com/question/17309523

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6 0

2 years ago

Economists sometimes describe the balance of trade as the balance of payments, because:___________

WARRIOR [948]

Answer: b. each category of the current account balance involves a corresponding flow of payments in the same direction

Explanation:

For every purchase made or sales that sold, a corresponding payment needs to be made or received.

The balance of payment therefore allows for us to be able to figure out the amount that was traded because it would be the payment received less receives.

4 0

3 years ago