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2 years ago

If the government wants to expand aggregate demand, it can government purchases or taxes.

Business

1 answer:

Jobisdone [24]2 years ago

3 0

If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.

<h3>What is aggregate demand?</h3>

The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.

Some characteristics of aggregate demand are-

The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
The correlation between output and all prices can be seen on an aggregate demand curve.
In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.
Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand.
When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.

To know more about the aggregate demand and aggregate supply model, here

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Both Nadia and Samantha are applying to insure their car against theft. Nadia lives in a secure neighborhood, where the probabil

Sergio039 [100]

Answer:

Option B

Explanation:

Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.

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3 years ago

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Akimi4 [234]

Answer:

Explanation:

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3 years ago

A sale transaction closes on April 15th. The day of closing belongs to the seller. Real estate taxes for the year, not yet bille

Rasek [7]

Answer:

$607

Explanation:

Data provided in the question:

Date of closing of sales transaction = April 15

Expected tax for the year = $2,110

Number of days in an year = 365

Now,

Per day tax = [ Expected tax for the year ] ÷ [ 365 ]

= $2,110 ÷ 365

= $5.781 per day

Time period from January 1 to April 15 in days = 105 days

Therefore,

The seller's share of the tax bill

= Per day tax × Time period from January 1 to April 15 in days

= $5.781 × 105

= $606.98 ≈ $607

6 0

3 years ago

7 pounds of raw material are required to make 1 finished unit. The company desires an ending raw materials inventory for each mo

timurjin [86]

Answer:

Instructions are below.

Explanation:

We weren't provided with enough information to answer the request. But, I will give an example and formulas to guide an answer.

For example:

Production in units:

May=20,000

June= 22,000

Beginning inventory of direct materials= 8,000

To calculate the purchase for May, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,000*7 + (22,000*7)*0.29 - 8,000

Purchases= 176,660 pounds

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3 years ago

On November 1, Vacation Destinations borrows $1.57 million and issues a six-month, 9% note payable. Interest is payable at matur

Keith_Richards [23]

Answer:

(a) To Record the issuance of the note

Debit Cash $1.57 million

Credit Notes payable $1.57 million

(To record notes payable issuance)

(b) Adjusting entry for interest expense at December 31:

Debit Interest expense $23,550

Credit Interest payable $23,550

(To record interest expense on notes payable as at Dec 31)

Explanation:

Note payable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest expense on the notes is calculated as: Principal x Interest Rate x Time

In this case, the total interest expense is $1.57 million x 9%/12 x 6 months = $70,650.

Total interest expense to the Company as at December 31 is therefore $70,650 / 6 months x 2 months = $23,550.

3 0

3 years ago

If the government wants to expand aggregate demand, it can ________ government purchases or ________ taxes.

If the government wants to expand aggregate demand, it can government purchases or taxes.