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Alex
2 years ago
9

consider a hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5

Business
1 answer:
Sliva [168]2 years ago
5 0

hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5

<h3>What is hypothetical economy?</h3>

The paper investigates the consequences for a hypothetical economy of a set of government tax and spending policies that are unsustainable in the long run and are recognized as such by private individuals.

Comparative Economic Systems is a sub-category of economics that deals with the comparative study of various economic organization systems such as capitalism, socialism, feudalism, and the mixed economy.

The marginal propensity to consume is calculated by dividing the change in consumption by the change in income.

Each economy operates under its own set of conditions and assumptions. Traditional economies, command economies, mixed economies, and market economies are the four major types of economic systems.

To know more about hypothetical economy follow the link:

brainly.com/question/27893144

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Balanced Scorecard for a service companyAmerican Express Company is a major financial services company, noted for its American E
jeka94

Answer:

Balanced Scorecard is a good measure for company's performance.

A list of measures is given against which American Express Company's performance can be measured which will benefit the company in improving their services and discarding if any service is not being benefited by their customers.

Each Key performance indicator needs to have a good measure of performance, so that the performance can be calculated easily.

Explanation:

Balanced Scorecard is a good measure for company's performance.

A list of measures is given against which American Express Company's performance can be measured which will benefit the company in improving their services and discarding if any service is not being benefited by their customers.

Each Key performance indicator needs to have a good measure of performance, so that the performance can be calculated easily.

6 0
3 years ago
The primary difference between the accrual basis and the cash basis of accounting is: (You may select more than one answer. Sing
erastovalidia [21]

Answer:

Both of these answers are the primary differences.

1.The accrual basis records revenues when services or products are delivered and records expenses when incurred.

And

2.The cash bases records revenues when cash is received and records expenses when cash is paid.

Explanation:

Under the cash basis, entries in the book of accounts are made when cash is received or paid and not when the receipt or payment has become due.

While

Under the accrual basis, however, revenues and costs are recognised in that period in which they occur rather when they are paid

Accrual basis is more generally accepted than cash basis, as it gives a truer image of enterprise performance in an accounting period.

3 0
3 years ago
Revenue and expenditures are sitting on a balance at the same level. This diagram shows a government’s budget. Which of the foll
Dmitry_Shevchenko [17]

The government’s budget is balanced when the Revenue and expenditures are sitting on a balance at the same level. Option B is correct.

<h3>What is government budget?</h3>

A government budget is a document created by the government or the other political institution that outlines anticipated tax revenues and proposed expenditure for the new financial year.

The budget is introduced to the legislature in most parliamentary systems, and it typically involves authorization.

Provided that the box dimensions symbolize the lengths of a state's revenues and expenditures, and that the two sizes are equivalent, the budget is called the balanced budget, as Revenue=Expenditure.

If in the second condition, if the two sizes are not equivalent then the budget would be called as the unbalanced budget, and then deficit will occur if the expenditure > revenue and the Surplus will make if revenue > expenditure.

Therefore, option B is correct.

Learn more about the budget, refer to:

4 0
2 years ago
In the case of job _____, the bosses in many companies tend to groom workers who have winning characteristics similar to their o
a_sh-v [17]
<span>In the case of job growth and security, the bosses in many companies tend to grrom workers who have winning characteristics similar to their own. This is a prime example where attitude reflection can lead to success in the workplace.</span>
8 0
3 years ago
Read 2 more answers
A marginal external cost of a product is equal to
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Answer:

the answer is D hope that helps you out

4 0
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