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2 years ago

6. Respond to the following prompts about the goals and effects of government spending on the

1 answer:

6 0

Any type of government-funded program, such as health care, social assistance, unemployment benefits, payments to banks, and national military, can have an impact on government spending.

What is government?

The term "Government" is legal authority or system which is controlled by office, public sector, country and state.

The government's main objectives are to increase the macroeconomic supply side, which includes spending on things like education, health care, and training to increase labor productivity as well as providing subsidies to help people financially.

Government spending has a negative impact on the economy because it drives inflation by raising living expenses through subsidies. Demand is artificially raised by government subsidies.

As a result, factors including health, social services, unemployment benefits, etc. may have an impact on government spending.

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Suppose we observe that as the price of lettuce increases from $1 to $2 per head, consumers buy only half the number of heads of

alex41 [277]

Answer:

C. A decrease in the quantity demanded

Explanation:

Price Elasiticity

The law of demand and supply would usually hold that an increase in prices will result in a decrease in demand. Furthermore, an increase in demand generates a corresponding increasing in supply as well.

<u>When the demand of a product is sensitive to the changes in price, then we say that price of the product is elastic</u> but if the product demand not strongly influenced by price then we say that the pricing is inelastic.

In the case of the lettuce, we can say that the price is elastic, because there is a sensitive reaction between an increase in price from $1 to $2 which immediately leads to a halfing of the quantity demanded. The price is elastic such that an increase in price leads to a decrease in quantity demanded.

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3 years ago

Management of the catering company would like the food division to transfer 10,000 cans of its final product to the restaurant d

slava [35]

Answer:

$35

Explanation:

Given:

Variable cost per unit = $35

Fixed cost per unit = $10

Sale price = $70

Computation:

Minimum Transfer price = $35

Company working on full capacity So, variable cost per unit is considered as the minimum transfer price.

3 0

3 years ago

Bill Blackburn is the new mayor of Oceanside, Washington. He discovered that the city-run utility requires a deposit of $50 from

Serjik [45]

Answer:

<em>Theory of justice </em>

Explanation:

A Justice Theory is a 1971 work of John Rawls ' political philosophy and ethics, whereby the writer addresses the problem of distributive justice.

The principle uses a revised sort of Kantian philosophy and a variant form of conventional theory of social contracts.

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3 years ago

Research has found that it has become more difficult for teens to find part-time and summer work. Use data from

Natasha_Volkova [10]

<h2>Yes the given statement is true by analyzing the chart attached.</h2>

Explanation:

Let us understand what teen means and what age group comes under teen.

All the age which ends with teen falls under teen age.

Age group: 13 to 19

When we analyze the data,

Age group <18: In 2008, the tax filers are 1.9 % and it declined to 1.4% in 2016

Age group 18 to 24: In 2008, the tax filer are 16.3% and 15.6 in 2016

So the the number of tax filers who filed in 2016 is less than 2008.

People whose age >55 has got more opportunity when compared to 2008

From this we can conclude that teens find difficult to get part-time and summer work

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4 years ago

When preparing a direct materials budget, the required purchases of raw materials in units equals: Question 9 options: A) raw ma

Degger [83]

Answer:

A. Materials to purchase = RM needed for production + RM ending - RM beginning

Explanation:

There are already RM in stock which can satisfy partially RM for production need and RM for desired ending stock so for this amt, purchase should be lowered.

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4 years ago