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butalik [34]
3 years ago
14

Macroeconomic equilibrium occurs where A. total​ production, or​ GDP, equals total planned investment. B. the unemployment rate

is zero. C. total​ spending, or aggregate​ expenditure, equals total​ production, or GDP. D. consumption equals investment and investment equals government expenditure.
Business
1 answer:
sammy [17]3 years ago
4 0

Answer: Option C

Explanation: In simple words, macroeconomics refers to that branch of economics which studies the economy as a whole.

The equilibrium in macroeconomic aspect refers to a situation when the aggregate demand of an economy equals its aggregate supply in the market.

The demand generates from the expenditure and the supply generates from the production.

Hence from the above we can conclude that the correct option is C.

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How can you avoid spending more than what is in your
zimovet [89]

Answer:

keep your own records to compare with your financial institutions records

4 0
3 years ago
As a part of its merchandise management, the supermarket chain, Whole Foods Market seeks out and supports local producers, and i
Mkey [24]

Answer:

B

Explanation:

7 0
3 years ago
For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and th
ziro4ka [17]

Answer:

1. Property taxes, factory - Fixed - Manufacturing indirect cost

2. Boxes used for packaging detergent produced by the company - Variable - Manufacturing direct cost

3. Salespersons' commissions - Variable - Selling cost

4. Supervisor's salary factory  - Fixed - Manufacturing indirect cost

5. Depreciation executive autos - Fixed - Administrative Cost

6. Wages of workers assembling computers - Variable - Manufacturing direct cost

7. Insurance, finished goods warehouses  - Fixed - Selling cost

8. Lubricants for production equipment - Variable - Manufacturing indirect cost

9. Advertising costs  - Fixed - Selling cost

10. Microchips used in producing calculators - Variable  - Manufacturing direct cost

11. Shipping costs on merchandise sold  - Variable - Selling cost

12. Magazine subscriptions, factory lunchroom - Fixed - Manufacturing indirect cost

13. Thread in a garment factory - Variable - Manufacturing indirect cost

14. Executive life insurance - Fixed - Administrative Cost

15. Ink used in textbook production - Variable - Manufacturing indirect cost

16. Fringe benefits, materials handling workers - Variable - Manufacturing indirect cost

17. Yarn used in sweater production - Variable - Manufacturing direct cost

18. Wages of receptionist, executive offices - Fixed - Administrative Cost

7 0
3 years ago
Owner's equity at the start of the period is $35,000; net income for the period is $30,000; the total investments by the owner a
inysia [295]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Given:

Owner's equity (Opening) = $35,000

Net income = $30,000

Investments by owner = $15,000

Withdrawals = $5,000.

Owner's equity (Closing) = ?

Computation of closing equity:

Owner's equity (Closing) = Owner's equity (Opening) + Net income + Investments - Withdrawals

Owner's equity (Closing) = $35,000 + 30,000 + $15,000 - $5,000

Owner's equity (Closing) = $80,000 - $5,000

Owner's equity (Closing) = $75,000

3 0
3 years ago
Suppose that when the price for Good A increases by 7 percent, the quantity demanded for that product decreases by 2 percent. Ac
Monica [59]

Answer:

The own price elasticity is 0.28.

The demand for good a is inelastic.

Explanation:

The price elasticity of demand for a product is the change in the quantity demanded of a product due to a change in its price.

When the price of good A increases by 7% the quantity demanded of that product decreases by 2%.

The own price elasticity of demand

= \frac{change\ in\ quantity\ demanded}{change\ in\ price}

= \frac{2}{7}

= 0.28

The elasticity of demand is less than 1, this implies that demand is inelastic.

A greater change in price is leading to a smaller change in quantity demanded.

7 0
3 years ago
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