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Alex73 [517]
2 years ago
14

A key part of the income-expenditure model is understanding that as gdp (or national income) rises, so does ________. group of a

nswer choices
Business
1 answer:
Alinara [238K]2 years ago
5 0

A key part of the Income-Expenditure model is understanding that as national income (or GDP) rises, so does aggregate expenditure

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

The equilibrium level of real GDP, which may be used to estimate the level of employment in the economy, is determined by the income-expenditure model. The aggregate expenditure schedule is the model's key component (or curve). Recall that total spending is the sum of four components: net exports, government spending, investment spending, and consumer spending.

Understanding that aggregate expenditure increases as national income (or GDP) increases is a critical component of the Income-Expenditure model. In the pages that follow, we'll go over the elements of total expenditure and look at how national income affects them. The total expenditure will then be calculated by adding the four parts collectively.

To learn more about aggregate expenditure from the given link:

brainly.com/question/14895846

#SPJ4

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Powers Corporation has provided the following information for its most recent month of operation: sales $16,000; ending inventor
Elza [17]

Answer:

The beginning inventory was  $2000.

Explanation:

First, we need to calculate the Cost of Goods sold. The cost of Goods sold is the difference between the Sales and the gross profit. Thus, the cost of goods sold is 16000 - 10000  =  $6000

The value of the beginning inventory for the period can be calculated by using the Cost of Goods sold formula. The cost of goods sold is calculated as:

Cost of goods sold = Beginning inventory + Purchases - Closing Inventory

Plugging in the available figures in the formula,

6000  =  Beginning Inventory  +  8000  -  4000

6000 = Beginning inventory + 4000

6000 - 4000 = Beginning Inventory

Beginning Inventory = $2000

7 0
3 years ago
Thrill Rides is considering adding a new roller coaster to its amusement park. The addition is expected to increase its overall
zepelin [54]

Answer:

C. ticket sales for the new coaster.

Explanation:

In the case when the sales is reduced for the boat rise so the new rise would decrease the sales of the boat ride.

in the case when the food cost would be increase so if the sales of the food rises so automatically the food cost would rise

In the case when there is an extra sales for existing coaster, the same is mentioned in the given case

Therefore the option c is correct

4 0
3 years ago
However, when the entire residence staff listened to our argument again, they became convinced that the system wasn't fair. howe
kykrilka [37]
There is a difference in the change of pronounce used. The best (and probably correct answer) is the first sentence: <span>However, when the entire residence staff listened to our argument again, they became convinced that the system wasn't fair. The pronounce 'they' refer to the collective term of 'entire residence staff'.</span>
5 0
3 years ago
Malcolm (37) is a U.S citizen
Natali [406]

Answer: good for him

Explanation:

7 0
3 years ago
A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provi
lapo4ka [179]

Answer:

B

Explanation:

Economic base are businesses that generate employment in a community or a geographical area.

Economic base analysis is a theory that posits that activities in an area divide into two categories:

1) Basic industries are those exporting from the region and bringing wealth from outside.

2)Nonbasic industries support basic industries.

The basic industries of a region are identified by comparing employment in the region to national norms.

7 0
3 years ago
Read 2 more answers
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