According to Taylors principles the option that wouldn't help to improve the productivity of workers would be to carefully select workers according to their abilities and give workers training.
What does it mean to give workers training?This has to do with all of the activities that the business would have to carry out by carefully choosing to ensure that the workers are well trained in all of the departments that they are to work. The business would do this by organizing trainings and other forms of seminars foir the the workers.
What it means to work according to ability?This means getting people to work in the areas that they are known to be best suited. Based on the ways that they have shown their skills and their experiences, they can be selected to work in the departments.
Hence we can say that According to Taylors principles the option that wouldn help to improve the productivity of workers would be to carefully select workers according to their abilities and give workers training.
Read more on workers productivity here:
https://brainly.com/question/26722911
#SPJ1
Suppose you borrowed $27,000 at a rate of 10.5 nd must repay it in 5 equal installments at the end of each of the next 5 years. how much interest would you have to pay in the first year?
Suppose you borrowed $27,000 at a rate of 10.5% and must repay it in 5 equal installments at the end of each of the next 5 years. The interest would you have to pay in the first year will be $2835.00.
How to calculate the amount of interest?
We are given:
Principle amount, P = $27,000
rate of interest, r = 10.5%
Interest amount will be:
[tex]\frac{P}{r} \times 100\\\frac{27000}{10.5} \times 100\\ \\2835\\[/tex]
Hence, $2835 must be paid as the interest in the first year.
To learn more about interest, refer to:
brainly.com/question/14445709
#SPJ4
A credit market instrument that pays the owner the face value of the security at the maturity date and nothing prior to then is called a:________-
A credit market instrument that pays the owner the face value of the security at the maturity date and nothing before then is called a coupon bond.
what is face value?Face value may be a money-related term utilized to describe the nominal or dollar value of a security, as expressed by its issuer. For stocks, the face value is the first cost of the stock, as recorded on the certificate. For bonds, it is the sum paid to the holder at development, typically in $1,000 denominations. The confront esteem of bonds is frequently alluded to as "par value" or basically "par." Face value describes the nominal value or dollar value of a security; the face value is stated by the issuing party.
To learn more about the Face value, visit;
https://brainly.com/question/14885781
#SPJ4
In general terms, a diels-alder reaction occurs between a ________ and a ________ to form a ________ ring as the product.
In general terms, a diels-alder reaction occurs between a 1,3-diene and an alien to form a _fused ring as the product.
In chemistry, the term "ring" is ambiguous and can refer to either a straightforward cycle of atoms and bonds within a molecule or to a connected group of atoms and bonds where each atom and bond is a part of a cycle (also called a ring system). A simple cycle ring system is referred to as a monocycle or simple ring, and a non-simple cycle ring system as a polycycle or polycyclic ring system. A polycyclic ring system has more sigma bonds than atoms while a simple ring has an equal number of sigma bonds as atoms. A molecule with one or more rings is said to as cyclic, while one with two or more rings (either in the same or different.
Learn more about rings here
https://brainly.com/question/8726933
#SPJ4
Following is a list of various professional services. Identify each by its apparent characteristics as audit engagement, attestation engagement, or assurance engagement. Because audits are a subset of attestation engagements, which are a subset of assurance engagements, choose the most specific description. In other words, if you believe the engagement is an audit engagement, select only audit engagement rather than checking all three. Similarly, the choice of assurance engagement for an audit, while technically correct, would not be the best choice.
Real estate demand studies Assurance services
Ballot for award show Assurance services
Utility rates appplications Assurance services
Newspaper circulation audits Assurance services
Third party reimbursement maximisation Assurance services
Annual financial report to stockholders Audit services
Rental property operation review Assurance services
Examination of financial forecasts and
projections Attestation services
Customer satisfaction surveys Assurance services
Compliance with contractual requirements Attestation services
Benchmarking/ best practices Assurance services
Evaluation of investment management
policies Assurance services
Information systems security reviews Assurance services
Productivity statistics Assurance services
Internal audit strategic review Assurance services
Financial statement submitted to a
Bank loan officer Audit services
Audit Engagement: Professional services are classified under this heading since it is believed that they provide information to all parties involved via reports or statements.Engagement for Attestation: Professional Services were assigned under this heading as a forecasting exercise.Engagement in Assurance: Professional services that convey an opinion and are related to either financial or non-financial categories are classified under this heading.Read more about Audit Engagement:
https://brainly.com/question/15431983
#SPJ4
Roberto wants to explore the earliest examples of fictional storytelling in film. what filmmaker broke ground as the first to employ narrative in film?
The Great Train Robbery (1903), directed and photographed by Edwin S. Porter, a former Thomas Edison cinematographer, was a watershed moment in film history.
Roberto is a recurring character in Futurama. He is a mentally unstable robot who enjoys stabbing people and objects, as well as robbing banks.
Louis and Auguste Lumière were two of the trailblazers. The Lumière Brothers produced some of the first widely seen motion films.
Fiction is defined as any creative work, primarily narrative work, that depicts characters, events, or locations in ways that are fictitious or inconsistent with history, reality, or believability. In a restricted sense, "fiction" refers to written tales in prose, most typically novels, novellas, and short stories.
Learn more about Roberto here
https://brainly.com/question/1276418
#SPJ4
No other economic activity takes place during the current quarter. using this information, answer the questions. for the current quarter, what is the economy's income?
As there is no other economic activity takes place during the current quarter and due to the fact that there was just one transaction of $450 throughout the entire year, the economy earned $450.
What is an economic activity?A process that, using inputs, results in the production of an item or the delivery of a service is referred to as an economic activity.Economic activity is broken down into groups by categorization, and when these categories are combined, they may be used to form activity sectors (Agriculture, Industry, Construction, Trade, etc.).Enterprises, legal entities, establishments, and other entities that are relevant to business statistics may engage in one or more economic activities, but each entity only has one primary activity.The sector to which an entity's primary activity belongs is indicated by the entity's sectoral categorization.Individuals are categorised based on the primary activity of the institution or business that employs them in labour force or employment by activity data.
To know more about economic activities, refer to the following link
https://brainly.com/question/26372602
#SPJ4
How much interest do owners expect to pay on the money they borrow to start the business?
Conventional financial institution loans: 2% to 13% on line business loans and financing: 7% to a hundred% SBA 7(a) loans: 5.5% to 11.25% bill financing: 13% to 60%
An enterprise is defined as a corporation or enterprising entity engaged in industrial, business, or expert sports. groups may be for-earnings entities or non-profit organizations. commercial enterprise kinds variety from limited legal responsibility businesses to sole proprietorships, businesses, and partnerships.
Business improves the high-quality of life in ways. first of all, it offers items and service to the human beings required for his or her enjoyment, consolation, and fitness. Secondly, a enterprise gives employment opportunities to the human beings by using which they are able to generate income and enhance the first-rate of lifestyles.
Learn more about business here:https://brainly.com/question/24553900
#SPJ4
A simplistic but useful way to determine whether a manager or a company is acting ethically is to apply the broadcast news test. True or false?.
Applying the broadcast news test is a simple but effective approach to judge whether a manager or business is performing ethically. True
A manager is someone who oversees and inspires workers as well as steers the development of an organization. Managers include those in charge of customer service, those who handle customer complaints, and those who manage and oversee customer service representatives.
responsibilities of a manager
identifies, chooses, onboards, and trains new hires to maintain the workforce. secures a lawful, secure, and safe working environment. creates chances for personal development. By outlining employment objectives and discussing how to plan, monitor, and evaluate job outcomes, employers can achieve their goals for their staff.
To know more about manager
https://brainly.com/question/4765696
#SPJ4
-+42.+a+sample+of+3+medicine+bottles+is+taken+from+an+injection+molding+machine+that+is+10%+nonconforming.+what+is+the+probability+of+1+nonconforming+medicine+bottle+in+the+sample?
In statistics, quality assurance, and survey methodology, sampling is the selection of a subset of individuals from within a statistical population to estimate the characteristics of the whole population. Statisticians attempt to collect samples that are representative of the population in question.
34. This will be a binomial experiment with parameters:
n = 9, p = 0.15
q = 1 - p = 1 - 0.15 = 0.85
Hence,
P(2 or less nonconforming)
= P(x = 0) + P(x = 1) + P(x = 2)
= \binom{9}{0}(0.15)^0 (0.85)^9 + \binom{9}{1}(0.15)^1 (0.85)^8 + \binom{9}{2}(0.15)^2 (0.85)^7
= 0.8591
42. This will be a binomial experiment with parameters:
n = 3, p = 0.1
q = 1 - p = 1 - 0.1 = 0.9
Hence,
P(1 nonconforming medicine bottle)
= P(X = 1)
= \binom{3}{1}(0.1)^1 (0.9)^2
= 0.243
Learn more about samples here
https://brainly.com/question/17831271
#SPJ4
If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is:________
The amount of inventory that would be reported on the variable costing
the balance sheet is $56,000
Explanation:
If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is...
1. Variable cost per unit = (180,000 + 240,000 + 280,000) / 20,000 = $35
2. ($35 x 1,600) = $56,000
The balance sheet of inventory is $56,000
How do you calculate the cost?The cost of goods sold formula, also referred to as the COGS formula is: Beginning Inventory + New Purchases - Ending Inventory = Cost of Goods Sold. The beginning inventory is the inventory balance on the balance sheet from the previous accounting period.
To learn more about Variable Costing, refer
to https://brainly.com/question/24448358
#SPJ4
Neglecting the process of _____________ can easily leave the members with unfinished work and will limit opportunities for them to conceptualize what they learned from a group experience.
Neglecting the process of Termination that can easily leave participants with incomplete work and restrict their ability to understand what they gained from a group event.
What is Termination?Termination can be defined as the act of removing something from someone. It can be referred to as the separation from the employment. It is an exit from the work place.
When the employee does not work properly and do not take the work seriously, then he for sure liable for termination.
Therefore, it can be concluded that termination is the result of Neglecting of the task at the workplace.
Learn more about termination here:
https://brainly.com/question/28527939
#SPJ4
The production possibilities frontier shifts inward if :_________
a. unemployment increases.
b. technology improves.
c. the capital stock increases.
d. resources are destroyed.
e. the labor force increases.
If resources are destroyed especially by fortuitous events or natural disasters, then the production possibilities frontier will shift inward.
Actually, if unemployment increases, production possibilities frontier won't shift inward. Instead of increase in unemployment rate, an act that will mandate workers to retire when they reach 50 might shift the frontier inward.
The frontier will turn inward when technology undergoes negative change. Not as technology improves.
It is unquestionably impossible to just basically shift the frontier of production possibilities inwards as capital stock and labor force both grow.
Therefore, the answer is letter D. Resources are destroyed.
Learn more about how to tell the difference between possibilities that have bowed out at the frontier and those that are linear: https://brainly.com/question/22527871
#SPJ4
The circular flow model shows that the goods and services produced by business firms are sold through?
The circular flow model demonstrate that the goods and services produced by business firms are sold through goods market
What does the circular flow model show?
The circular flow model shows the interaction between two groups of economic decision-makers—households and businesses—and two sorts of economic markets—the market for resources and the market for goods and services. The circular flow model may be a simple tool for learning about the economy. It shows the connection between households and businesses and how these different decision-makers in the economy fit together.
Plus, it shows how money keeps economic resources and goods and services traveling and around and around the economy.
What do firms produce during a circular flow diagram?
Businesses (firms) within the Product Market are producers of goods and services in the circular flow model. They sell goods and services to households. They earn revenue in exchange for his or her goods and services
Learn more about economic resources :
brainly.com/question/14206989
#SPJ4
What are some of the challenges caused by a natural monopoly? check all that apply. it can raise prices without concern for customers. it is unable to serve all of the customers in a market. it lacks incentive to improve its good or service. it might not increase production if it cannot make a profit. it cannot be controlled by the government or other outside forces.
Some of the challenges faced by a natural economy are it can raise prices without concern for customers and that it cannot be controlled by the government or other outside forces.
A natural monopoly is a situation when the most efficient number of firms in the industry is one. So a natural monopoly will typically have fixed costs that are very high. This means that it is not practical to have more than one firm producing the good. Examples of natural monopolies are the electricity grid, railway infrastructure, gas network, etc.
Another example of a natural monopoly is tap water. It makes sense to have just one company to provide the network of water pipes and sewers because of the high costs. So some of the challenges are that it can raise prices without thinking about its customers and the government and outside forces cannot interfere.
Learn more about natural monopoly here:
https://brainly.com/question/8589534
#SPJ4
Answer:
A. It can raise prices without concern for customers.
C. It lacks incentive to improve its good or service.
D. It might not increase production if it cannot make a profit.
Explanation:
Ec can be conducted in an _____ where buyers and sellers meet online to exchange goods, services, money, or information.
EC will be conducted in an Electronic market or E-Market place where buyers and sellers meet online to exchange goods, services, money, or information.
E-Marketing is a section of selling that's supported achieving targets by using transmission technology on the net. an internet marketplace is an e-commerce site that connects sellers with buyers. It’s often called an electronic marketplace and every one transactions are managed by the web site owner. Companies use online marketplaces to succeed in customers who want to get their products and services. samples of online marketplaces include Amazon, eBay, and Craigslist. Today, marketplaces are growing at a awfully fast pace. Analysts predicted that worldwide marketplaces would account for 40% of the world online retail market in 2020. 75% of U.S. marketing experts say that by placing your business where your customers want to shop for from will benefit your company’s revenue from selling via online marketplaces.
Learn more about E-Marketing
https://brainly.com/question/13776740
#SPJ4
The closed fund is a closed-end investment company with a portfolio currently worth $150 million. it has liabilities of $8 million and 10 million shares outstanding. a. what is the nav of the fund?
The NAV of fund is $14.2
a. NAV = (Market value of assets - market value of liabilities) / shares outstanding
(150,000,000 - 8,000,000) / 10,000,000
= $14.2
What is NAV and how it works?
Net asset value (NAV) represents a fund's per-share intrinsic value. it's similar in some ways to the book value of a company. NAV is calculated by dividing the entire value of all the cash and securities in a fund's portfolio, minus any liabilities, by the amount of outstanding shares.
What is NAV used for?
NAV is usually used as a per-share value calculated for a mutual fund or ETF. NAV is calculated at the top of each trading day based on the closing market prices of the portfolio's securities.
How is NAV calculated with example?
To get the total net assets of a fund, subtract any liabilities from the present value of the mutual fund's assets and then divide the figure by the total number of units outstanding. The resulting figure is that the NAV of the mutual fund. The NAV of a open-end fund is always calculated at the end of the market day.
Learn more about NAV :
brainly.com/question/28238795
#SPJ4
The prercentage of chaneg in long term liabilities between two balances sheet dates is an example of?
The percentage of change in long term liabilities between two balance sheet dates is an horizontal analysis.
What is a Balance sheet?
The assets, liabilities, and shareholders' equity of a corporation are listed on the balance sheet at a certain period (as indicated at the top of the statement). The financial accounts of a firm include it as one of its foundational documents. Along with the net income, the cash flow statement, and the statement of retained earnings, the balance sheet is one of the main papers that comprise a company's financial statements. Your balance sheet provides you a concise overview of your business's financial situation at a specific point in time and shows you exactly what you own and what you owe.
Learn more about Balance sheet here:
https://brainly.com/question/26323001
#SPJ4
Broden, inc. recently issued $70 par value preferred stock that pays an annual dividend of $19. if the stock is currently selling for $50, what is the expected return of this preferred stock?
The expected return is the profit or loss that an investor anticipates on a known historical rate of return investment (RoR).
38.00% is the expected return of this preferred stock.
How do you calculate preferred stock expected return?Subtract the price you paid for the shares from the current price to calculate the raw return on your initial investment in preferred stock. Then, for each share purchased, add the dividends received. Finally, multiply the result by the number of shares purchased to calculate the raw return. It is calculated by dividing the annual interest or dividend payment amount by the security's current market price and multiplying the result by 100.Assume a company issues 7% preferred stock with a $1,000 par value. As a result, the investor would receive a $70 annual dividend or $17.50 quarterly dividend. This preferred stock will typically trade around its par value, behaving more like a bond. For example, a model may state that an investment has a 10% chance of returning 100% and a 90% chance of returning 50%. The expected return is calculated as 0.1 (1) + 0.9 (0.5) = 0.55 = 55%.To learn more about stock expected return refer to:
https://brainly.com/question/25534066
#SPJ4
The account title used for recording the payment of rent in advance for an office building is:_______
Senior managers engage in ______ when they structure the organizational relationships to work cooperatively to achieve goals. multiple choice question.
Senior managers engage in Organizing when they structure the organizational relationships to work cooperatively to achieve goals.
To share your calendar with an outside business partner, set up an organisational relationship. Exchange administrators can establish an organisation relationship with another Exchange on-premises organisation as well as with a Microsoft 365 or Office 365 business. Both on-premises Exchange administrators must configure an authentication relationship with the cloud (often referred to as a "federation") and adhere to minimal software requirements if you want to share calendars with another on-premises Exchange business. An organisation relationship is a one-to-one connection between companies that enables users in each organisation to view information about calendar availability. Setting up the organisation relationship involves establishing both your end of the relationship and the amount of information that users in the other organisation can access.
Learn more about organisation relationship here
https://brainly.com/question/1383609
#SPJ4
section of the screen used to display the contents of a file on a
program such as Microsoft Word
On an operating system with a GUI (graphical user interface), a document window is a portion of the screen used to show the contents of a document file.
What is a display option in Word?Options for page display Display top and bottom margins of the page, including header and footer content, in the Print Layout view Choose this option to display the white space between pages. Show highlighter markings Choose this option to show underlined text in printed documents and on the screen.
The cat command can also be used to show the contents of single or multiple files on your screen. You can read a file's contents one full screen at a time by using the cat command along with the pg command. Using input and output redirection, it is also possible to view the contents of files.
Learn more about Screen Display here:
https://brainly.com/question/2102965
#SPJ1
Morse company reports total contribution margin of $80,040 and pretax net income of $13,800 for the current month. the degree of operating leverage is:_________
The degree of operating leverage is 5.8.
Given here, total contribution margin is $80040 and pretax net income is $13,800.
Now, we calculate degree of operating leverage by the formula,
Degree of operating leverage = Contribution margin/ net operating income.
Degree of leverage = $80040/$13800
= 5.8
So, the degree of operating leverage is found to be 5.8.
The break-even point of a business is determined using operating leverage, which also aids in determining the right selling prices to cover all expenditures and make a profit.
Regardless of whether they sell any units of product, businesses with significant operational leverage must cover a bigger amount of fixed costs each month. Companies with a high ratio of fixed operating costs to variable operating costs have the most operating leverage.
To learn more about degree of operating leverage, refer this link.
https://brainly.com/question/26978903
#SPJ4
What is business strategy? what are the two strategies that business strategy is composed of?
Business strategy refers to the set of plans, actions and strategies that helps the organization attaining the goals and objectives. The two types of business strategies are the business unit strategy and corporate strategy.
What is the significance of business strategy?Business strategy refers to an outline of the actions and decisions that a company plans to take in order to achieve its goals and objectives.
Business strategies plays a very significant role in the growth of any organization as it helps the business understand its strengths and weaknesses.
Basically, business strategies are consider as successful when they are directly responsible for the growth and development of the organization.
Learn more about business strategy here:-
https://brainly.com/question/15285486
#SPJ4
What are the total cost of shirts and cost per shirt if sales amount to 2,000, 2,500, 3,000, 3,500, or 4,000?
The total cost of shirts for 2000, 2500, 3000, 3500 or 4000 units is 135000
Cost of shirts for 2000 units = 2000*9 = 18000
Cost of shirts for 2500 units = 2500*9 = 22500
Cost of shirts for 3000 units = 3000*9 = 27000
Cost of shirts for 3500 units = 3500*9 = 31500
Cost of shirts for 4000 units = 4000*9 = 36000
The total cost of all shirts = 135000
Although part of your question is missing, you might be referring to this full question: Walter Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $9 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $15 per shirt. What is the total cost of shirts and cost per shirt if sales amount to 2000, 2500, 3000, 3500 or 4000?
Learn more about cost price:
https://brainly.com/question/21172564
#SPJ4
Expenses and revenues that relate directly to the principal revenue-generating activities of the company are classified as?
Expenses and revenues that relate directly to the principal revenue-generating activities of the company are classified as items on the income statement.
What do you understand by revenues and expenses?
Unlike profits and losses, revenues and expenses are not opposite financial results of the same activities. Rather, revenue is the term used to describe the income earned by providing the primary goods or services to the business, while cost is the term for the costs incurred in the process of producing or offering the primary business operation. Investors and analysts typically place much more weight on these metrics than losses or gains.
Revenue is the gross revenue a company receives when it sells its goods or services, and is sometimes simply referred to as "sales." Because there is always a set of costs (both fixed and variable) associated with production, these must be subtracted as costs from revenues to calculate the company's net profit.
To learn more about revenues and expenses, refer to:
brainly.com/question/12445858
#SPJ4
The budgeted indirect-cost rate is calculated ________.
a. at the beginning of the year
b. at the end of the year
c. at the end of each quarter
d. during the year
The correct answer is (a), at the beginning of the year.
The budgeted indirect-cost rate is calculated at the beginning of the year. Indirect costs are those expenses incurred for the benefit of both projects and other activities but which are difficult to link directly to a particular project or organisational activity. Typically, indirect costs are aggregated into common pools and allocated to beneficial objectives using an indirect cost rate.
The budgeted annual Indirect cost rate is obtained by dividing the budgeted annual quantity of the cost allocation base by the budgeted annual indirect cost rate. In order to allocate a cost to each unit, we must divide the indirect expenses of making the pool by the quantity of units in the allocation basis.
To learn more about budget indirect cost, refer this link.
https://brainly.com/question/25197840
#SPJ4
If his bank charges 17 percent interest, should the customer borrow from the bank so that he can take advantage of the discount?
If his bank charges 17 percent interest, the customer should borrow from the bank so that he can take advantage of the discount.
It will save the customer money while Taking the cash discounts as long as the banks' interest is lower than the interest associated with not taking cash discounts. As the bank charges are 17%, the customer should borrow from the bank to avail of the discount.Basically, an implicit interest rate is a loan that doesn't have any mention of an interest rate. In a case, if the borrower is repaying more than what they borrowed they must pay for the interest rate too, basically it is the rate that can be considered because it is not explicitly mentioned which means it is not verbally and even in way of writing too.
To know more about implicit rates refer to the link https://brainly.com/question/15690514?referrer=searchResults.
#SPJ4
The balance of the retained earnings account in the post-closing trial balance will be different from that of the adjusted trial balance. V true or false?.
False, the retained earnings account balance in the post-closing trial balance won't be different from the one in the adjusted trial balance.
Making a post-closing trial balance is the last step in the accounting cycle (except reversing entries). Recap: There are three different kinds of trial balancing. Although they are prepared at different points in the accounting cycle, they all serve the same objective, which is to verify that debits and credits are equal.
The balance sheet accounts that have a non-zero balance at the end of your reporting period are all listed in detail in the post-closing trial balance. These accounts were just temporary, and the company has already closed them; the monies in these accounts have already been transferred to the retained earnings account.
On the post-closing trial balance sheet, you won't find any information on revenues, losses, or summary account balances. Any of those items will instead be transferred to the following accounting period if they emerge following the conclusion of the closing process and the computation of the post-closing trial balance.
Learn more about post-closing trial here
https://brainly.com/question/14562385
#SPJ4
Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. the sum of squares regression for this sample is:_________
Management wants to use simple regression to estimate monthly car sales using years of sales experience. The sum of the squares of the regressions for this sample is the regression analysis.
Management is the process of planning and organizing the resources and activities of a business to achieve specific goals in the most efficient and effective way. Manageability refers to getting the job done right with minimal cost. There are three main categories of management styles: authoritarian, democratic, and liberal.
Management is the umbrella function of planning, organizing, forecasting, coordinating, directing, controlling, and motivating the efforts of others to achieve specific goals. Management can be precisely described as a rulemaking and law enforcement agency. An example of control is showing anxiety when dealing with something fragile. An example of management is how experienced leaders handle difficult situations. An example of management is the CEO of an organization. skilled management; Careful and tactful handling.
Learn more about Management here:
https://brainly.com/question/1276995
#SPJ4
It is important to remember ________ when calculating the spending multiplier to determine government spending in order to return the economy to potential gdp/full employment.
It is important to remember Y (national income) = AE (aggregate expenditure) when calculating the spending multiplier to determine government spending in order to return the economy to potential GDP/full employment.
How is the spending multiplier calculated?The expenditure multiplier calculates the effect of a change in autonomous spending on total spending and aggregate demand in the economy. Divide the final change in real GDP by the change in autonomous spending to calculate the expenditure multiplier.If consumers spend more and save less, the multiplier rises, resulting in a stronger stimulus effect. As a result, the spending multiplier is inextricably linked to the economic concept of the multiplier effect. A small change in the government's activities will have a significant impact on the overall economy.The spending multiplier is defined as the ratio of GDP change (Y) to autonomous expenditure change (AE). The multiplier is greater than one because the change in GDP is greater than the change in AE.To learn more about spending multiplier refer to
https://brainly.com/question/25534066
#SPJ4
