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kobusy [5.1K]
1 year ago
11

If government spending increases or personal income taxes decrease, what are the likely effects on output, price level, and inte

rest rates?
Price Level / Output / Interest Rates


1) Increase / Increase / Decrease

2) Increase / Increase / Increase

3) Decrease / Increase / Decrease

4) Decrease / Decrease / Decrease

5) Decrease / Decrease / Increase
Business
1 answer:
Mila [183]1 year ago
7 0

When there is an increase in government spending, there will be an increase on the output, price level, and interest rates

<h3>What is a government spending?</h3>

This refers to the funds injected to the public sector on the acquisition of services such as education, healthcare, social protection, defense etc.

Most time, the effect of an an increase in government spending leads to an increase on the output, price level, and interest rates as it is a method of stimulate demand.

Therefore, the Option A is correct.

Read more about government spending

<em>brainly.com/question/25125137</em>

#SPJ1

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swenson Saws produces bows, frame, dovetail, and tenon saws used by craft furniture makers. During an 8-hour shift, a saw is pro
RUDIKE [14]

Answer:

Given: Total shift time = 8 hours = 8 * 60 = 480 minutes

time required for production of one saw = 6 minutes

Demand for Bow saw = Demand for frame saw = Demand for dovetail saw = 1/2 * Demand of Tenon saw

a) Mixed model schedule:

Mixed model schedule

Product no. per batch

Bow Saw 1

Frame Saw 1

Dovetail Saw 1

Tenon Saw 2

Total 5

Therefore 2 Tenon Saw, and each bow, frame, and dovetail saws will be produced before the cycle is repeated.

b) 2 Tenon Saw, 1 bow, 1 frame, and 1 dovetail saws will be produced under production sequence for one unit production.

The length of cycle will be 5*6=30 minutes i.e. the cycle will repeat once in 30 minutes for 8 hours means totally it will repeat 16 times during one shift.

c) Number of saws Swenson produce in one shift = Number of Bow saw Swenson produce in one shift + Number of Frame saw Swenson produce in one shift + Number of Dovetail saw Swenson produce in one shift + Number of Tenon saw Swenson produce in one shift

Explanation:

7 0
2 years ago
Read 2 more answers
A wealthy benefactor just donated some money to the local college. This gift was established to provide scholarships for worthy
Mariulka [41]

Answer:

Worth of scholarship today =  $1,000,000

Explanation:

<em>The value of the scholarship can be determined using the present value of a growing perpetuity. A growing perpetuity is an indefinite annual payment that increases by a constant percentage.</em>

<em>The applicable formula is given below;</em>

<em>PV = A/r-g</em>

A-annual payment  one year from now - 35,000

r- interest discount rate - 9.,

g- growth rate - 5.5

The value of the gifts today

= 35,000/(0.09-0.055)

= $1,000,000

5 0
3 years ago
Hammond Lumber has just changed from prefabricating 8 gazebos to 10 gazebos (units). Their total costs changed from $9,500 to $1
AfilCa [17]

Answer:

MC = 750

Explanation:

Below is the given values:

Initial quantity = 8

Final quantity = 10

Initial total cost = $9500

Final total cost = $11000

Marginal cost = Change in total cost / Change in quantity

Change in total cost = 11000 - 9500 = 1500

Change in quantity = 10 - 8 = 2

Marginal cost = Change in total cost / Change in quantity

MC = 1500 / 2

MC = 750

3 0
3 years ago
Conventional database technologies often choke when trying to sift through the massive amounts of data collected by many of toda
const2013 [10]

Answer:

true

Explanation:

The Hadoop software developed by Apache Technologies is an open source software library that allows the processing of big data across computers using  a programming model. It was designed to facilitate the handling of big data from single servers to thousands of computers.

Most companies cannot afford to invest millions in computer hardware in order to support all their big data, so they have use Hadoop or similar software to handle it (it is cheaper this way).

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3 years ago
If there is an anticipated rise in income, a consumption smoother will exhibit _____ in consumption, and a hand-to-mouth consume
Arturiano [62]

The difference in the level of consumption of a consumption smoother and a hand-to-mouth consumer based on anticipated increase in income.

  • If there is an anticipated rise in income, a consumption smoother will exhibit <u>increase</u> in consumption, and a hand-to-mouth consumer will exhibit <u>no change</u> in consumption.

  • Consumption smoothing can be defined as a process of achieving a balance between expenses on today's needs and saving for tomorrow (future). It is used to regulate spending and saving during different phases of life <em>(increase or decrease in income.</em>

  • Hand-to-mouth consumer is a consumer who spends all his income on consumption. He doesn't save because he earns low income.

Read more:

brainly.com/question/9745324

7 0
2 years ago
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