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What else can I help you with?
Which range of the aggregate supply curve is characterized by slack in the economy?
This would be the Keynesian range. This will only happen if the economy is reaching a type of slack.
What is economic slack?
The unused portion of the economic productive capacity.
Advantages and disadvantages of budgetary slack?
Advantages: It provides flexibility for operating under unknown circumstances, such asan extra margin for discretionary expenses in case budget assumptions oninflation are incorrect or adverse circumstances arise. Additional slack may be included to offset the costly setups from designchanges and/or small lot size orders. The increased pressure to meet current year earnings per share targets mayresult in postponing expenditures into the next year or aggressively pullingsales into the current year. Budgetary slack in the next year may compensatefor shifting those earnings from next year into the current year.Disadvantages: It decreases the ability to highlight weaknesses and take timely correctiveactions on problem areas. It decreases the overall effectiveness of corporate planning. Actions such aspricing changes or reduced promotional spending may be taken from aperceived need to improve earnings when eliminating the budgetary slackcould accomplish the same objective without marketplace changes. It limits the objective evaluation of departmental managers andperformance of subordinates by using budgetary information
How are the Keynesian economics handling the crisis?
Keynesian economics want the government to take action and borrow, spend and pick up the slack by spending money to encourage growth and having occasional tax-breaks to stimulate the economy. However, despite intellectual movement to get the government to take action, governments are standing firm and tightening their belts.
Why the government has decided not to charge VAT on certain basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
What do you mean by organizational slack?
organisational slack
What is the birth name of Garland Slack?
Garland Slack's birth name is Garland Glenwill Slack.
What is the birth name of Ben Slack?
Ben Slack's birth name is Benjamin Hess Slack III.
How tall is Peter Slack?
Peter Slack is 6'.
Distingui sh between total slack and free slack?
Free slack: The free slack of an activity is the time this activity can be delayed without impact on the following activity. Total slack: The total slack of an activity is the time this activity can be delayed without impact on the finish date of the project.
What is Cj and Zj in simplex method?
cBi = coefficients of the current basic variables in the objective function. ... XB = solution values of the basic variables. zj-cj = index row. Or Relative Cost factor The rules used for the construction of the initial simplex table are same in both the maximization and the minimization problems.
What are the consequencies of budgetary slack?
The consequences of budgetary slack is that members of the team will spend more money in order to take up the slack. Management should set the budget with no slack.
Is Laja Slack awesome?
Yes, Laja Slack is awesome.
How tall is Brian Slack?
Brian Slack is 6' 2".
How tall is Elijah Slack?
Elijah Slack is 5' 10".
When was Doug Slack born?
Doug Slack was born in 1941.
When was Bill Slack born?
Bill Slack was born in 1933.
