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Taya2010 [7]
2 years ago
9

For an economy starting at full employment real GDP, an increase in autonomous expenditure results in a(n) g

Business
1 answer:
Goryan [66]2 years ago
4 0

When an economy has an increase in autonomous expenditure will results in a inflationary output gap.

<h3>What is Autonomous expenditure?</h3>

Autonomous expenditure refers to expenses that is incurred by a country.

It consist countries economy expenditure without the income.

Therefore, an economy starting at full employment real GDP, with an increase in autonomous expenditure results in decrease in autonomous expenditure results in a inflationary output gap.

Learn more on autonomous expenditure here,

brainly.com/question/15883095

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Hsu Company reported the following on its income statement: Income before income taxes $302,634 Income tax expense 90,790 Net in
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5.79  times

Explanation:

The times interest earned ratio tells us the number of times the company's made earnings in multiple of its debt interest obligation.

The formula for times earned interest ratio is the income before interest and taxes divided by the interest expense.

income before tax is $302,634

income before interest and taxes= $302,634+$63,228=$365,862.00  

times interest earned ratio=$365,862.00/ $63,228= 5.79  times

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Which of the following statements is true regarding the cumulative translation adjustment? Select one: Changes in the cumulative
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