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2 years ago

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,

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If an industry consisting of two firms produces a total of 12 units, the market price is $10. If 13 units are produced, the pric

Olenka [21]

Answer: $3; $6

The two firms formed a cartel which means they agree to produce same with the purpose of maintaining prices at a high level and restricting competition. In the case of two firms who agree on producing 6 units but one cheat, this will be the effect:

At 6 units each, and a market price of $10, each firm will have a gross sale of $60. If one cheats and produced 7, the market price will fall to $9, resulting to $63 (7*9) and a gain of $3. The noncheating firm will acquire a sale of $54 (6*9) only or a loss of $6. The answer is $3; $6.

8 0

3 years ago

3 Points

tangare [24]

Answer:

C - An online boutique

Explanation:

E-commerce refers to commercial transactions that are done online through the internet. This implies that whenever we purchase and sell something through the Internet, you are concerned with e-commerce. There are multiple ways to list e-commerce websites.we can classify them according to the commodities or services that they sell, the people that they transact with, or even the platforms on which they work.

An online boutique is an example of E-commerce because it is being done through the internet.

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4 years ago

When comparing short-run average total cost with long-run average total cost at a given level of output, a. short-run average to

elena-14-01-66 [18.8K]

Answer:

c. short-run average total cost is typically above long-run average total cost

Explanation:

In the case when the average of the total cost of the short run should be compared with the average of the total cost of the long run for a given output level so this means that the average of the total cost of the short run should be more than the average of the total cost of the long run

Therefore as per the given situation, the option c is considered

7 0

3 years ago

In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 in

almond37 [142]

Answer:

B. $19,687 mil

Explanation:

The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).

Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.

This 15% of income = $2,953 mil

Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil

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3 years ago

You are provided with the following information for Sandhill Co., effective as of its April 30, 2022, year-end.

Ray Of Light [21]

Answer:

SANDHILL CO.

Income Statement

For the Year Ended April 30, 2022

Revenues

Sales revenue $6,200

Expenses

Cost of Goods Sold $1,000

Depreciation expense $315

Income tax expense $175

Insurance expense $360

Interest expense $460

Salaries & Wages expenses $850

Total Expenses $3,160

Net Income $3,040

SANDHILL CO.

Retained Earnings Statement

For the Year Ended April 30, 2022

Retained Earnings, May 1, 2021 $1,700

Add: Net Income $3,040 $4,740

Less: Dividends $310

Retained Earnings, April 30, 2022 $4,430

7 0

2 years ago