Which phrase best completes the diagram?
Macroeconomic Goals for a Society
?
Stable prices
Economic growth
A. Increased inflation
B. Per capita GDP
C. Full employment
D. Decreased production

Answers

Answer 1

Answer:

Full Employment

Explanation:

just took the test

Answer 2

The phrase that best completes the given diagram is the full employment. Option C is correct.

What is macroeconomic?

Macroeconomics is defined as a discipline of economics that studies an economy's whole performance, behavior, structure and decision-making.

This includes the economics of the country, region, and the world. The main goal of macroeconomics involves the full employment, then if the country is fully employed, this will make the prices stable and at last the economic growth occurred.

Therefore, option C is correct.

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Related Questions

Assume that 90-day U.S. securities have a 3.5% annualized Interest rate, whereas 90-day Canadian securities have a 4% annualized Interest rate. In the spot market. 1 U.S. dollar can be exchanged for 1.4 Canadian dollars. If interest rate parity holds, what is the 90-day forward rate exchange between U.S. and Canadian dollars?1) C$ 1.3714/$ 2) C$ 1.4017/5 3) C$ 1.5236/5 4) C$ 1.5910/$

Answers

The option 1) C$ 1.3714/$, According to interest rate parity, the forward exchange rate should reflect the interest rate differential between the two currencies.

In this case, since Canadian securities have a higher interest rate than U.S. securities, the Canadian dollar is expected to appreciate against the U.S. dollar in the future. Therefore, the 90-day forward exchange rate should reflect this appreciation.

Using the interest rate parity formula, we can calculate the expected forward exchange rate as:

(1 + 0.035/4) / (1 + 0.04/4) * 1.4 = 1.3714

To find the forward exchange rate, we'll use the interest rate parity (IRP) formula, which is:

Forward rate = Spot rate × (1 + U.S. interest rate) / (1 + Canadian interest rate)

We are given the following values:

Spot rate = 1 U.S. dollar for 1.4 Canadian dollars

U.S. interest rate = 3.5% annualized

Canadian interest rate = 4% annualized

First, we need to convert the annualized interest rates into 90-day interest rates:

U.S. 90-day interest rate = (1 + 0.035)^(90/360) - 1 ≈ 0.008695

Canadian 90-day interest rate = (1 + 0.04)^(90/360) - 1 ≈ 0.009891

Now we can use the IRP formula to find the forward rate:

Forward rate = 1.4 × (1 + 0.008695) / (1 + 0.009891) ≈ 1.3714

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increase the output of the bottleneck. remove any non-value adding work or interruptions to the bottleneck. this describes which of the five focusing steps of theory of constraints? exploit identify subordinate repeat elevate

Answers

The focusing step that is being identified from the theory of constraints is C. Identify.

What is the identify step?

The identify step involves identifying the constraint or bottleneck in the system, which is the factor that limits the system's overall performance. Once the constraint has been identified, the subsequent steps of the TOC process can be used to optimize the system and improve its overall performance.

The statement "Increase the output of the bottleneck. Remove any non-value adding work or interruptions to the bottleneck" therefore describes the first focusing step of the Theory of Constraints (TOC), which is to identify the constraint or bottleneck in the system.

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romania: letter of intent, memorandum of economic and financial policies, and technical memorandum of understanding,

Answers

Romania: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding are all documents that are commonly used in international financial arrangements, specifically when a country seeks assistance from international organizations such as the International Monetary Fund (IMF).

The Letter of Intent is a document in which the government of Romania outlines its economic policies, objectives, and reform plans to address any economic challenges it may be facing. It provides an overview of the country's economic situation and outlines the measures the government intends to take to improve it.
The Memorandum of Economic and Financial Policies is a more detailed document that accompanies the Letter of Intent. It includes specific policy measures and reforms that the government plans to implement, as well as the timeline for their implementation. This document serves as a basis for discussions and negotiations between the government and the international organization providing assistance.
The Technical Memorandum of Understanding is a supporting document that provides technical details and data related to the economic and financial situation of Romania. It includes information on fiscal policy, monetary policy, structural reforms, and other economic indicators. This document helps in assessing the country's progress and compliance with the agreed-upon policies and reforms.
These documents play a crucial role in the relationship between Romania and international financial organizations, providing a framework for cooperation and support in addressing economic challenges and promoting sustainable economic development.

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anita knits scarves that she sells on etsy. when she knits 12 scarves a week her total cost is $144, and when she knits 13 scarves a week, her total cost is $169. thus, her marginal cost of knitting the 13th scarf is

Answers

Thus, Anita's marginal cost of knitting the 13th scarf is $25.

What is marginal cost?

In the field of economics, the marginal cost is the variance in total production costs caused by adding or producing a new unit. The marginal cost is determined by multiplying the variance in production costs by the variation in quantity. A company must understand when it may achieve economies of scale in order to maximize output and overall operations. Marginal cost analysis has this as its objective. Marginal cost, a concept from managerial accounting and economics, is most typically used by manufacturers to establish the ideal output level. At a certain level of output, the benefit of producing one extra unit and making money from that product will cut the line's overall manufacturing costs. The marginal cost incorporates all expenses that alter with that level of production.

Marginal cost= $169-$144 =$25

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Five hair stylists at a salon perform 12 haircuts in two hours. One of the stylists,
Francesca, is leaving the salon after 10 years. Francesca usually performs 2
haircuts per hour. Which of the answer choices is correct?

Answers

The salon's average product of labor will decrease when Francesca leaves the salon in the given circumstances.

How is the average product of labor determined?

The average product of labor (APL) gauges the typical output of each employee. The total product is simply divided by the workforce. The total output of labor divided by the quantity of workers employed, or Q/L, yields the average product of labor (APL). A popular metric for assessing labor productivity is the average product of labor.

The form of the AP curve on the left suggests that as more workers are hired, AP initially increases to a maximum before decreasing. The average output (or products) that each input produces is referred to as an "average product", factors of production like labor and land.

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Which of the following best describes gross profit?
a. Net sales less cost of goods sold.
b. Total sales less merchandise returns and discounts.
c. Net sales less operating expenses.
d. Net sales less cost of goods sold less operating expenses.

Answers

a. Net sales less cost of goods sold.

review the table below: boeing anticipates paying a dividend of $4.30 next year and intends to increase the dividend by 4% per year in perpetuity. what is the expected price of boeing stock today? company beta us steel 1.77 ford mo co 1.31 general electric 1.20 boeing 0.94 amazon 0.90 starbucks 0.79 mcdonalds 0.51 walmart 0.26 market details current t-bill price 975.88 historic average 1 year t-bill rtn 2.3% current market return 8.5% historic average market return 8.9% multiple choice $95.47 none of the above $91.97 $100.01 $104.17

Answers

The expected price of Boeing stock today is approximately $187.08. So, correct option is B.

To calculate the expected price of Boeing stock today, we can use the constant growth dividend discount model:

Expected price = (Expected dividend / (Market return - Growth rate))

First, we need to calculate the expected dividend for next year:

Expected dividend = Current dividend * (1 + Growth rate)

Expected dividend = $4.30 * (1 + 0.04) = $4.472

Next, we need to calculate the growth rate using the formula: Growth rate = beta * (Market return - Risk-free rate)

Risk-free rate is given as the 1-year T-bill return rate, which is 2.3%.

Growth rate = 0.94 * (8.5% - 2.3%) = 5.236%

Now we can calculate the expected price of Boeing stock:

Expected price = ($4.472 / (8.5% - 5.236%)) = $191.47

However, since the question is asking for the expected price today, we need to discount this price to today's value using the formula: PV = FV / (1 + r)^t

Assuming the discount rate is the risk-free rate, and the time period is one year:

PV = $191.47 / (1 + 2.3%)^1 = $187.08

Therefore, So, correct option is B.

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calculate the percentage increase in the equity stake of the house at the end of year 2. no mortgage repayments were made during the 2 years.

Answers

percentage increase in the equity stake of the house at the end of year 2 is 10%. This means that the owner's share of the property's value has increased by 10% over the two-year period, even without making any mortgage repayments.

To calculate the percentage increase in the equity stake of the house at the end of year 2, we first need to understand what equity stake is. Equity stake refers to the portion of the property's value that is owned outright by the owner. It is calculated by subtracting the outstanding mortgage amount from the current market value of the property.In this scenario, we are given that no mortgage repayments were made during the two years. This means that the outstanding mortgage amount at the end of year 2 is the same as it was at the beginning of year 1. Therefore, we only need to focus on the increase in the market value of the property.
Let's assume that the market value of the property at the beginning of year 1 was $200,000. At the end of year 2, the market value increased to $220,000. To calculate the percentage increase in the equity stake, we can use the following formula:
Percentage increase = (New value - Old value) / Old value x 100
Using this formula, we can calculate the percentage increase in the equity stake as follows:
Percentage increase = ($220,000 - $200,000) / $200,000 x 100
Percentage increase = $20,000 / $200,000 x 100
Percentage increase = 10%

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Good, Service or Idea: Tutoring someone in math
a Good
bService
C.Idea

Answers

There all good but if you want answer I will go with service because without service how are you going to learn if your tutor is not there

Hope this helped if not let me know :)

if a company uses standard costs to record its inventory in the general ledger, what would the journal entry be if the direct materials price variance is favorable?

Answers

Materials (at the regular rate), debit Direct Resources Variation in Prices and Accounts Unfavorable - debit variance, Payable, Favorable - credit variance

How is a Ledger put to use?

Device-based hardware wallets from Ledger employ USB drives as storage devices to hold private keys, making it challenging for hackers to obtain the key from the internet. The Blockchain Network and Ledger Nano X hardware wallets are two that Ledger provides.

Why is Ledger useful?

USB storage devices called Ledger wallets may store many currencies in offline mode. Since your secret keys are stored on the gadget, internet hackers will find it challenging to access your identities. People depend on even a take full control backup and restore passphrase to access stored cryptocurrency if the physical device is lost or stolen.

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vatiman which provides immunity​

Answers

Answer:

huh don't really understand this buddy

Answer:

\(vitamin \: c\)

hope that will help you

The amount of time needed for the cash flows from an investment to pay for its initial cost is the _____ period.

Answers

The payback period is the length of time required for the cash returns from an investment to offset its initial cost.

By payback period, what do you mean?

The length of time needed to repay the initial monetary investment is known as the payback period. In other terms, it is the length of time that passes after a machine, facility, or other investment generates enough net income to pay its costs.

What is the time frame for an investment to produce enough cash flows to recoup its initial investment?

The time it takes to recover the money invested is used to calculate the payback period, which ignores the time value of money. For instance, the payback period is five years if it takes five years to recoup the cost of an investment.

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if markets are perfectly competitive, then the competitive equilibrium is always pareto efficient, true or false?

Answers

In a perfectly competitive market, the competitive equilibrium occurs when the supply and demand curves intersect, and the price and quantity are determined based on the market forces of supply and demand. At this equilibrium point, there is no excess supply or excess demand, and the market is said to be in equilibrium.

In a perfectly competitive market, no individual buyer or seller has the power to affect the market price. Therefore, the competitive equilibrium is efficient in the sense that it maximizes the total surplus of consumer and producer surplus. Any deviation from the competitive equilibrium would result in a lower level of total surplus, and thus would not be Pareto efficient.

Therefore, the competitive equilibrium in a perfectly competitive market is always Pareto efficient, as long as there are no externalities or other market failures present.

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you have been awarded an insurance settlement of $211,400 that is payable one year from today. what is the minimum amount you should accept today in exchange for this settlement if you can earn 6.3 percent on your investments? multiple choice $198,525.36 $224,718.20 $198,871.12 $207,239.13 $335,555.56

Answers

The minimum amount you should accept today in exchange for the insurance settlement of $211,400 payable one year from today, assuming a 6.3 percent investment rate, is $198,525.36.

To determine the minimum amount you should accept today, we need to calculate the present value of the future payment using the given investment rate of 6.3 percent. The formula to calculate the present value of a future payment is: Present Value = Future Value / (1 + r)^n

Where:

Future Value = $211,400 (the insurance settlement payable one year from today)

r = 0.063 (investment rate, expressed as a decimal)

n = 1 (one year)

Using this formula, we can calculate the present value:

Present Value = $211,400 / (1 + 0.063)^1

Present Value ≈ $198,525.36

Therefore, the minimum amount you should accept today in exchange for the insurance settlement is approximately $198,525.36.

Hence, the correct answer is $198,525.36.

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Which is a positive reason for using a credit card to finance purchases?

Answers

The advantages are that you don't have to worry about carrying cash, you have a record of your spending, you can make purchases even if you don't actually have the money, some credit cards give you rewards, and most importantly you get to build your credit, provided you pay the bill on time.

What is domestic trade?

A. When products, services, and money are exchanged within a single country

B. When products, services, and money are exchanged between different countries

C. When governments do not interfere with trade between countries

D. When a country sells its products and services to people, organizations, and governments in other countries

Answers

Answer is A
Domestic trade means home trade

what term refers to an intense improvement process in which a team uses all its resources over a short period of time?

Answers

Kaizen is a term refers to an intense improvement process in which a team uses all its resources over a short period of time.

Kaizen. "concept of continuous improvement" Implies little, insignificant adjustments over time that add up to a better process in general. an aggressive and speedy improvement process in which a team or department devotes all of its resources on a short-term improvement project

Kaizen (Continuous Improvement) is a business technique in which personnel at all levels collaborate proactively to produce frequent, incremental improvements to the production process. There are five Fundamental KAIZENTM Principles that are integrated in every KAIZENTM tool and behavior. Know your customer, Let it Flow, Go to Gemba, Empower People, and Be Transparent are the five principles.

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A Web site's Terms of Use grants the Web site the right to do what?
0
use your personal information in its advertisements
O sell its users' personal information to third parties for them to market to specific customers
O use its users' posts and photographs to gather information about its consumers
o both the first and third answers

Answers

it might be d because b isnt correct and the A and c are correct so im thinking therfor the answer is d

Answer:

both the first and third answers

Explanation:

I tried answering "use its users' posts and photographs to gather information about its consumers" and it was wrong, and then I retook the quiz and answered "sell its users' personal information to third parties for them to market to specific customers" and it was wrong. I know they can sell your information to make targeted ads, so it must be the answer that says "both the first and third answers".

list out the tasks of an overseer.​

Answers

Answer:

Mentor, coach, monitor and supervise communities throughout the shelter construction process. Provide technical assistance to households involved in shelter construction. Coordinate with counterparts in other PIN's areas of operation, ensuring exchange of lessons learnt and good practices

Explanation:

Before sending a résumé, you should always checked with the employer to see what operating system they use.

•T
•F

Answers

Answer:

The answer is true!

Explanation:

Edge2021

Before sending a resume, you should always check with the employer to see what operating system they use, is the true statement.

What is operating system?

The operating system of the computer controls all of the hardware and software. It carries out fundamental operations including managing input and output, managing files, memory, and processes, as well as managing peripherals like disk drives and printers.

An operating system is a group of software applications that controls how computer hardware and software operate. Communication between people and machines serves as a bridge. Windows, Linux, BOSS, and other operating systems are a few examples.

Some examples of operating systems that let users run applications like Microsoft Office, Notepad, and games on a computer or mobile device are Windows, Linux, and Android.

Thus, it is the true statement.

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The pros and cons of new product concepts are analyzed during the idea generation phase of new product development.

True
False

Answers

The Awnser would is False your welcome

f the following, which are actions most closely associated with countercyclical monetary policy? select the two correct answers below. select all that apply:

Answers

Interest rates should be kept high during an economic boom. The federal reserve should purchase financial assets from commercial banks when the economy weakens.

What is economic boom?

An economic boom is a frequently brief period of fast real GDP growth that lowers unemployment, accelerates inflation, and increases asset prices. A boom happens when the real GDP is growing far more quickly than the projected trend rate of growth, and this might cause the economy to overheat. Booms typically result in an increase in demand-pull and cost-push inflationary pressures, as well as a positive production gap. Economic booms are often not very long-lasting due to the numerous macroeconomic effects they have, not least of which is the upward pressure they have on costs and consumer prices. To curb soaring demand and reduce inflationary pressures, central banks often react by increasing their interest rates for their monetary policies.

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how supply and demand, scarcity, and economic measurement affect the legal form of business

Answers

Supply and Demand (Affects Pricing, Supply, and Income) - When a company provides large amounts of the product they are selling, the price tends to remain at a constant price. When a company begins to have too much of one product, they will usually lower the price to sell more of it. When a company begins to lack stocking the shelfs of their product, they will increase the prices so that they will not run out. When demand increases, prices might also increase because they are aware it is a chance to make profit. When demand decreases, the price decreases.

Scarcity - When a business faces scarcity, or the lack of stocking shelfs, the company could possibly lose income and in the future face serious economic issues. Most businesses that face scarcity, usually face bankruptcy within the next 7 years due to the slow or quick decrease in profit and supply. When businesses face scarcity, limits on the amount each household can purchase can be enforced and prices will increase dramatically. In 2021, there was a known 7% increase on prices of many food items.

Economic Measurement is explained throughout the two paragraphs.

Explain about the problem solving skill?​

Answers

Answer:

Problem solving skills refers to our ability to solve problems in an effective and timely manner without any impediments. It involves being able to identify and define the problem, generating alternative solutions, evaluating and selecting the best alternative, and implementing the selected solution.

The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1

Answers

Answer:

I hope this helps

Explanation:

216-258 0

The Gallup Organization contacts 1595 male university graduates who have a white collar
job and asks whether or not they had received a raise at work during the past 4 months
Determine the sample

the 595 male university eraduates who have received mise at work.

Male university graduates who have a white collar job

The 1595 male university eraduates who have a white collar iob

Answers

Sample contains the 1595 male university eraduates who have a white collar job. Hence, option C is the correct answer.

What is the population?

The set of all people, items, or objects that are required for a specific study is defined as the population.

Given that

Population size be N

And the gallup organization contains 1595 male University graduate who have a white collar job and ask whether or not they have received a rise at work during the past four months.

Here sample size is N = 1595

And random variable of interest is white collar job.

It is heavy for researchers to inspect each discrete in the population. Hence, a smaller group of sole (subjects) are selected from the population of interest. Therefore, the group of sole taken from the population of interest is known as the sample.

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Which of the following is an example of internal data in a marketing
information system?
A. Statistics showing the relationship between the company's ad
spending and competitors' sales
B. Trends in consumers' use of social media
C. Spending levels for advertising in each type of media
D. Populations of cities where the company has customers

Answers

Answer:

c

Explanation

i think

The example of internal data in a marketing information system is spending levels for advertising in each type of media.

What is internal data in marketing?

Internal data is referred to that information that resides within the business atmosphere itself and could be controlled by the managing authorities of the business.

Therefore, the budget that would be spent on advertising media is generated in the business by covering the factors of marketing plans.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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when a marketing researcher uses information from the company’s own sales call reports and customer communications to inform marketing decisions for that company, she is using

Answers

When a marketing researcher uses information from the company's own sales call reports and customer communications to inform marketing decisions for that company, she is using internal data.

Internal data is data that is collected within the company, and it can come from a variety of sources such as sales reports, customer feedback, customer service interactions, and other internal records. This type of data is valuable because it provides insights into the company's own operations and customer interactions, which can help inform marketing strategies and tactics.

Examples of internal data include sales figures, customer demographics, purchase history, website analytics, and employee performance metrics. Companies can use internal data to identify trends, patterns, and opportunities for growth, and to make informed decisions about product development.

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The complete question is:
When a marketing researcher uses information from the company’s own sales call reports and customer communications to inform marketing decisions for that company, she is using_____

an organization with a horizontal structure is also known as a flat organization because it often features only a few levels of organizational hierarchy. a. true b. false

Answers

The given statement "An organization with a horizontal structure is also known as a flat organization because it often features only a few levels of organizational hierarchy" is True because a horizontal organizational structure is also known as a flat organization due to its minimal levels of hierarchy.

In a flat organization, there are only a few layers of management, and the power is distributed more evenly across the organization. The focus of a flat organization is on creating a collaborative work environment that encourages open communication, teamwork, and a shared sense of responsibility.

A horizontal organizational structure differs from a traditional hierarchical structure, which has a tall pyramid-like structure with multiple levels of management. In a hierarchical structure, decisions are made at the top and filtered down through the ranks, which can create delays in decision-making and hinder innovation.

In contrast, a flat organizational structure empowers employees and encourages them to take ownership of their work and contribute to the overall success of the organization. It also promotes more flexibility and agility, allowing organizations to adapt quickly to changes in the market.

In conclusion, a horizontal organizational structure is also known as a flat organization due to its minimal levels of hierarchy. Such organizations aim to foster a collaborative work environment that encourages open communication, teamwork, and shared responsibility. The flat structure empowers employees, promotes flexibility and agility, and allows organizations to adapt quickly to changing market conditions.

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Other Questions
What is the synonym for argued? what two elements define a story's setting Rania is playing with her friend Arun, and they are setting dominoes across the room. Each domino is 2 inches long. They have already placed 10 dominoes in a row. The room is 10 feet long and they want to know how many more dominoes they can set up before they reach all the way across the room. Does the inequality 2d + 20 < 120 model this situation? Explain why or why not. Which branch of government or cabinet department includes FDA? You are evaluating the security setting within the main company VPC. There are several NACLs and security groups to evaluate and possibly edit. What is true regarding NACLs and security groups Which of the following equations could model the quadratic graphed below: A. f(x) = -2x+4x+1B. f(x) = x-5x-3C. f(x) = -2x+x-3D. f(x) = -x+5x+3 Direct foreign investment has taken all of the following forms except:a. Investors buying bonds of an existing firm overseasb. The creation of a wholly owned business enterprise overseasc. The takeover of an existing company overseasd. The construction of a manufacturing plant overseas Respiration is a chemical reaction used to _____.make foodbreak down foodburn energygain electrons regarding the spread of malaria, which method would the nurse teach those clients traveling to southeast asia The nurse is reviewing home instructions with a client who just underwent cataract surgery with intraocular lens implantation. Which of the following client statements indicate appropriate understanding of the teaching A store makes earrings that cost $3.50 to make. Afterwards they mark up the price 400%. How much do they sell the earrings? You are the mayor of a town of 250 residents. Residents are allowed to vote on whether to build a public park in the town. The cost of the garden is estimated at 50,000,000 millions. 101 residents estimate their personal gain from such a park to be 500,000 thousand, 149 residents would never use the park and estimate their gain to be zero.a. What is socially beneficial to do? What kind of market failure is there in this example?b. You invite people to vote for whether they want a garden or not. Would such an election lead to a viable outcome? Why not?c. Explain the Lindahl price. How would that be implemented in the example above? What are the main pros and cons of Lindahl pricing? What does the term marginal mean in economics an additional or extra? suzanne babysits to earn extra money. she charges $15 for each hour that she babysits. What represents the independent variable in this situation? A. The total amount charged for babysittingB. The rate she us paid per hourC. The number of hours she babysitsD. The number of children she babysits Historians do not include everything in their accounts. How do you think Mr. Cheyney decided what to include? What do you think made something important enough to include in Cheyneys account? Can somebody help me do my missing assignments? Jason and Katrina work on the loading dock for Longhaul Transport Company. Jason has a disability. Katrina has seniority. Jason asks for a transfer, which would represent an accommodation for his disability. Longhaul gives the transfer to Katrina on the basis of her seniority. Jason files a suit against Longhaul for discrimination on the basis of his disability. The court is most likely to rule that:___.1. Jasons disability is a sufficient basis for relief.2. Katrinas seniority is a good defense.3. Longhauls action was a business necessity.4. Longhauls action was a reasonable accommodation. materials management focuses on the timely processing of laundry materials in the hospital.T/F How many solutions does the nonlinear system of equations graphed belowhave?O A. Two B. Zero C. FourO D. One Keeping all other criteria the same, add a child to the family you used in part a to determine the monthly expenses. How does an additional child impact the family budget and hourly wage? Which category was least affected by this change? Explain why you think there was little impact to this category