Lowering the discount rate can promote full employment because

employees are more likely to apply for multiple jobs

employees are able to get better offers for hourly wages

companies are more likely to expand and hire more workers

companies are less likely to sign up employees for unemployment insurance

question 2

which of the following circumstances usually accompanies a period of economic expansion?

falling production

high inflation

low gdp

rising unemployment

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)