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2 years ago

Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?

1 answer:

8 0

Neoclassical economics places a larger focus on providing extra options and <u>improving living standards, </u><u>which are ultimately decided by long-term progress.</u>

As a result, it focuses on long-term growth rather than fighting recessions.

In actuality, neoclassical economics holds that a product's price is mostly influenced by its manufacturing costs. According to neoclassical economics, the primary factor for client decision-making therefore becomes price.

As a result, letting the neoclassical economists concentrate on prices is not the best way to combat the recession. Long-term economic performance is always emphasized by neoclassical economists.

Note that the neoclassical approach to macroeconomics emphasizes the idea that, over time, the economy tends to recover to its potential GDP and natural unemployment rate.

Learn what John Maynard Keynes would recommend to fight the recession: brainly.com/question/25586856

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coomer co had net sales of 600000 net income of 35260 and average total assets of 680000 what is the return on total assets

Charra [1.4K]

Answer:Return on Total assets ==5.19%

Explanation:

Return on Total assets shows one the idea of the profitability of a company's assets in generating revenue before interest and taxes. it is expressed in percentage and its formula is given as

Return on Assets = Net Income (Earning before interest and taxes) / Average total assets

= 35,260/ 680,000 = 0.05185 x 100

=5.19%

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3 years ago

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Answer:

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3 years ago

Bradley Snapp has deposited $5,291 in a guaranteed investment account with a promised rate of 4% compounded annually. He plans t

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i dont realky understand the question

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3 years ago

The accounts payable account is a/an_______ ___, and it has a normal.

Viktor [21]

The accounts payable account is a/an option C: <u>liability; credit, </u>and it has a normal.

<h3>What do you mean by Account payable?</h3>

A account payable is refers to as the monet owned by a company to its supplies and its represent in the firm's balance sheet.

The main role of account payable os to provide financial, administrative and clerical support to the firm. Their main role include complete the whole payment and control expenses.

Moreover, it is considered as the liability for each business because the company have to pay back its all due on particular period of time and it is credit in nature.

Hence, rest all options like A, B and D are incorrect because it does not considered under the account payable account.

Therefore, correct option is C.

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2 years ago

When sodium chloride, NaCl , is added to water, it forms a solution. The steps involved in the dissolution of NaCl in water are

borishaifa [10]

Surely, when sodium chloride, NaCl , is added to water, it forms a solution which

is known as homogeneous solution

This dissolution of sodium chloride in water forms sodium and chloride ions

The chemical equation for the reaction is given below:

NaCl(s) + H2O(l) ⇌ Na+(aq)+Cl−(aq)

Reaction wise, when sodium chloride, NaCl , is added to water, the water molecules pull the sodium and chloride ions far apart, thereby; breaking the ionic bond that held them together. After the salt compounds are pulled apart, the sodium and chloride atoms are surrounded by water molecules

<h3>What is homogeneous solution?</h3>

Homogeneous solutions can be defined as those solutions with uniform composition and properties throughout the solution.

So therefore, surely, when sodium chloride, NaCl , is added to water, it forms a solution which is known as homogeneous solution

NaCl(s) + H2O(l) ⇌ Na+(aq)+Cl−(aq)

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brainly.com/question/14926412

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2 years ago