Answer: The correct answer is a labor union.
Explanation: A labor union is an organized group of workers who are often in a common trade or profession. The union is formed to protect and further the rights and interests of the members. This normally includes collectively bargaining, where the labor union negotiates the salaries and benefits that will be paid to all of its members.
Answer:
c. There are more unemployed resources.
Explanation:
Equilibrium level of income is the level of income where aggregate supply in the economy is consistent with aggregate demand. that is the level of income planned savings is equal to planned expenditure. the equation can be written as S = I. where S = savings and I = investments
At equilibrium income level, aggregate expenditure is equal to aggregate output. The equilibrium equation can be written as Y = C+I+G+X-M where
Y = national income, I = investment expenditure of the firm, G = government expenditure on goods and services, X = export, M = import.
Answer:
negative relation between the real interest rate and investment.
Explanation:
Loanable funds can be defined as the total income that are being saved and lend out, other than personal use or as consumption.
Also, it's the total amount investors chooses to borrow to fund their projects.
The slope of the demand for loanable funds curve represents the negative relation between the real interest rate and investment.
This slope of the demand for loanable funds usually slopes downward.
The equilibrium interest rate and quantity of loanable funds falls, when the demand for loanable funds shifts to the left.
The value of cars produced by a Japanese company are part of United States Gross Domestic Product (GDP) as long as the cars are produced in a factory located within U.S. territory.
The reason why is that GDP includes the final value of all goods and services produed within a country, during a specific period of time (usually a year). If the cars are produce in U.S. territory, they are counted as part of U.S. GDP, even if the company is from Japan or any other country.
Answer:
c. Ending Balance = Previous Balance + Deposits - Withdrawals
Explanation:
Deposits are every cash transaction that increase your bank balance, and withdrawals are expenses that decrease your bank balance. Hence the closing / ending balance any day would be the difference of deposits and withdrawals, with opening balance in summation.
