Suppose you own a small business and have been thinking about expanding production, including hiring more workers. Until recently, interest rates at your bank have been too high for you to obtain a loan. However, the central bank decides to expand the money supply, which lowers interest rates to a level where you can take out a loan and expand production. Select the ways in which your actions affect the macroeconomy. a. Real GDP increases. b. The inflation rate goes down. c. Unemployment goes down. d. Investment increases. e. Aggregate demand increases
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose you own a small business and have been thinking about expanding production, including hiring more workers. Until recently, interest ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Select all that apply. You might need to improve a behavior if you notice Negative responses from others Tasks not included in training Unsuccessful outcomes Need to use common sense
Answers (1)
Select the items below that describe the field of economics. Economics is a social science. is a plan to buy everything. focuses on decision making. involves consumers and producers.
Answers (1)
The value that consumers get (from consuming a product) over and above what they actually paid for the product is called rev: 05_10_2018 Multiple Choice consumer demand. consumption expenditures. consumer surplus. consumer utility.
Answers (1)
An investment pays you $100 at the end of each of the next 3 years. The investment will then pay you $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6.
Answers (1)
According the kinked demand curve model: A. a change in marginal cost causes the profit-maximizing level of output to change by the same amount but in the opposite direction B.
Answers (1)
New Questions in Business
Fox Co. sold used equipment for a cash amount equaling its carrying amount for both book and tax purposes. Later that year, Fox replaced the equipment by paying cash and signing a note payable for new equipment.
Answers (1)
Which law provides safety from sexual harassment
Answers (2)
Standardization is associated with which of the following management orientations? A) Ethnocentric orientation B) polycentric orientation C) regiocentric orientation D) geocentric orientation
Answers (2)
Identify the principle of internal control to each of the following cases. 1. Cash is locked in a safe overnight. 2. Employees who receive shipments of goods do not have access to the accounting records for merchandise. 3.
Answers (1)
Turner Company issued $300,000 of 6%, 5-year bonds at 98. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date? a. $18,000 b. $9,000 c. $18,600 d. $19,200
Answers (1)