Baldwin's turnover rate for this year is 6.36%. this rate is projected to remain the same next year and no further downsizing will occur from automating. baldwin plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. the goal of this additional investment is to improve the quality of applicants. what would the total recruiting cost be for baldwin next year?

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.