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1 year ago

An increase in government spending shows up exclusively as a change in real gdp when?

Business

1 answer:

IRINA_888 [86]1 year ago

3 0

It shows up exclusively when the price level is assumed to be constant.

Real gross domestic product (real GDP), also known as constant-price GDP, inflation-corrected GDP, or constant dollar GDP, is an inflation-adjusted metric that measures the value of all goods and services generated by an economy in a given year (expressed in base-year prices).

Real GDP is a macroeconomic metric that accounts for inflation and quantifies the worth of the products and services generated by an economy over a given time period. In essence, it calculates a nation's overall economic production after accounting for price changes.

Governments analyze economic growth and purchasing power over time using both nominal and real GDP as measurements. The GDP price deflator, also known as the implicit price deflator, which tracks changes in prices for all products and services produced in an economy, is used to do this.

A quarterly report on GDP is released by the Bureau of Economic Analysis (BEA), and it includes headline data figures that reflect real GDP levels and real GDP growth.

Therefore, An increase in government spending shows up exclusively as a change in <u>real GDP</u> when the price level is assumed to be constant.

For more information on GDP, refer to the given link:

brainly.com/question/14326341

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When Hope Springs Water Co. was looking to complete the _________ phase of the new product development process, the company coul

My name is Ann [436]

Answer:

Idea generation

Explanation:

Based on the information provided within the question it seems that the phase that is being described is the Idea generation. This phase refers to the process creating new approaches for finding solutions to existing problems or creating new ideas/products. This phase requires a lot of research, input, and data analysis from many sources in order to generate the best ideas that will make the help the company succeed.

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3 years ago

Pronghorn Corporation began operations on January 1, 2020 when $236,000 was invested by shareholders of the company. On March 1,

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Answer:

a. $7,100

b. -$6,400

c. -$13,500

d. -$13,500

Explanation:

The computation is shown below:-

a. Net income

Net income = Cash interest

= $7,100

b. Comprehensive Income = Net Income - unrealized holding loss

= $7,100 - $13,500

= -$6,400

c. Other Comprehensive Income = unrealized holding loss

= -$13,500

d. Accumulated other comprehensive income:

Ending Balance of other comprehensive income = Beginning Balance + During this year

= $0 + (-$13,500)

= -$13,500

3 0

2 years ago

Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. Th

nata0808 [166]

Answer:

Option (D) is correct.

Explanation:

Calculation of total manufacturing overhead:-

4000 units manufacturing overhead:

= Production volume × Manufacturing overhead

= 4,000 × $94

= $376,000

5000 units manufacturing overhead:

= Production volume × Manufacturing overhead

= 5,000 × $77.60

= $388,000

Variable cost per unit:

$=\frac{5000\ units\ manufacturing\ overhead-4000\ units\ manufacturing\ overhead}{1000}$

$=\frac{388,000-376,000}{1000}$

= 12

Fixed cost = Total cost - variable cost

= $388,000 - 5,000 × 12

= $388,000 - $60,000

= $328,000

So total monthly fixed manufacturing cost is $328,000.

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2 years ago

according to one-period model of macroeconomics which of the following statements is correct about an economy engaging in a war

KIM [24]

Option (b) for a response. In order to keep the expenditure multiplier from exceeding 1, output must increase while consumption must decrease.

<h3>Spending multiplier: What does it tell you?</h3>

An economic indicator of the impact that changes in government spending and investment have on a nation's Gross Domestic Product is the expenditure multiplier, often known as the fiscal multiplier.

<h3>When the multiplier is negative, what does that mean?</h3>

The negative multiplier effect happens when a spending leak or initial withdrawal from the circular flow has further impacts and a larger final decline in real GDP.

<h3>Why does multiplier exceed 1?</h3>

The rise in the national product indicates a rise in national income. Consumption demand rises as a result, and businesses produce to satisfy it. As a result, the increase in investment is greater than the increase in national income and product. There is a multiplier effect that exceeds one.

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1 year ago

How do large corporations benefit from the presence of small businesses?

m_a_m_a [10]

I would choose D. By outsourcing certain processes to small businesses

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2 years ago

Read 2 more answers