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ANEK [815]
2 years ago
5

Fiscal policy refers to the idea that aggregate demand is affected by changes in

Business
1 answer:
Ksenya-84 [330]2 years ago
4 0

Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.

<h3>What is fiscal policy?</h3>

Fiscal Policy refers to government policy of using tax and spending  to meet economic goals.

Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.

Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.

Learn more about fiscal policy here : brainly.com/question/6583917

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Both, current assets and non-current assets should be reassessed in order to determine the market value of a business. Group of
Igoryamba

It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.

<h3><u>What are current assets and non-current assets?</u></h3>
  • Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
  • Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
  • Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
  • Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).

To view more questions on market value, refer to : brainly.com/question/15148120

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7 0
1 year ago
How do you make personal choices between satisfying your wants and your needs?
Juliette [100K]
You just need to find time for both.
4 0
2 years ago
EXERCISE 5–2 Prepare a Cost-Volume-Profit (CVP) Graph LO5–2 Karlik Enterprises distributes a single product whose selling price
andre [41]

Answer:

Cost volume profit analysis (CVP) refers basically to determining the break-even point of a company and how we can use that information to predict how different changes might affect it. When you are performing a CVP analysis you have to decide which variables will be constant, i.e. ceteris paribus, and which will be altered to predict the effect on the company’s operating income.

1)

sales level     total revenue    variable costs      fixed costs      total costs

2,000             48,000             36,000                 24,000            60,000

4,000             96,000             72,000                 24,000            96,000

6,000            144,000           108,000                 24,000           132,000

8,000            192,000           144,000                 24,000           168,000

2) break even point = 4,000 units

8 0
3 years ago
What would happen if a supplier charged more than the market price
Yuri [45]
Equilibrium is the intersect of the two curves. The curves show you how much the producers supply and how much the consumers demand at each possible price. 

The demand curves shows that the higher the price is, the less the consumers demand. That's obvious—the consumer wants something, but not at any price. He's only willing to pay so much. If the price goes higher and higher, less and less people want to buy the good. 

The higher the price is, the more the producers can supply. This is because some producers are able to produce at lower costs; they're better and more efficient than other producers. Other producers, who produce at higher costs, would go bankrupt if they tried to produce at lower prices. But when the price goes up, even the worse producers, who have higher costs, are able to make profit. So, more producers supply to the market. 

What happens now, when the price gets lower than the equlibrium? As you can see from the chart, producers would supply less than consumers would be willing to consume at that particular price. There would be SHORTAGE. This happens when the goverment sets price ceilings (like on gas in the 30's). An opposite situation happens when there is price floor—for example minimum wage (because wages are prices too; prices of labor). In that case, there is surplus—in case of minimum wage that means surplus of labor (unemployment). 

But when the markets are free to set the price, they will quickly establish equlibrium again. The producers will see that there is a shortage. They'll realize they can set higher prices and make bigger profits. They can't set higher price than the equilibrium though, because there would be surplus and they would have their warehouses stuffed with goods noone wants to buy at that price. 

This is the Answer Am 100% sure.
3 0
3 years ago
In the long run, firms under monopolistic competition_____ A. Standardize their products. B. Face perfectly elastic demand curve
grigory [225]

Answer:

The correct answer is letter "C": Earn zero economic profit.

Explanation:

For markets that have many companies offering similar products or services, monopolistic competition exists. Restaurants, grocery stores, and clothing stores, for example. Such similar products or services are not ideal replacements for each other in monopolistic competition. In the short run, the economic profit of the firms is positive but in the long run, the economic profit approaches to zero.

4 0
3 years ago
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