The board of directors at Millco announces plans to build six new regional factories in the...
The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere. Explain the impact on economic growth.
(AP Macroeconomics)
Homework Answers
Answer : If Millco build 6 new factories then this will increase the capital goods and consumer goods production in United States. As a result, employment rate increase in U.S. Because of more employment consumers income increase and because of higher income consumers demand increase for consumer goods. At the same time the short run aggregate supply increase as 6 new factories produces capital goods also. As a result, the economic growth increase.
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The board of directors at Millco announces plans to build six
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(2) Schedules
Complete the sales and merchandise purchase plans with supporting
schedules:
a) A sales plan by month and in total, including a schedule of
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month and in total (2 schedules).
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total (3 schedules).
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