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ad-work [718]
1 year ago
10

the fact that output gaps will not last indefinitely, but will be closed by rising or falling prices is the economy's:

Business
1 answer:
serg [7]1 year ago
3 0

The economy's self-correcting property is the fact that output gaps won't last indefinitely, but will be closed by rising or falling prices.

The output gap is the difference, expressed as a percentage of gross domestic product, between an economy's actual output and its highest potential output. An output gap can be either favorable or negative for a nation.

A negative output gap indicates that the economy's actual output is below its maximum capacity, whereas a positive output gap indicates that the economy is beating expectations because its actual output is higher than its acknowledged maximum output. The output gap helps paint a picture of how the economy is doing because the gross domestic product is used in its computation.

To learn more about output gaps, visit the link below:

brainly.com/question/29433322

#SPJ4

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Naturalistic observation
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4 years ago
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You decided to save all of tax refunds next four years. Given your projection of your annual income and effective tax rate, you
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Answer:

Final value= $15,101.13

Explanation:

Giving the following information:

You believe that you will be able to invest $3,000, $3,300, $3,800, and $4,000 next four years. The interest rate is 5%.

To calculate the final value of each deposit we need to use the following formula:

FV= PV*(1+i)^n

Year 1= 3,000*1.05^3= $3,472.88

Year 2= 3,300*1.05^2= 3,638.25

Year 3= 3,800*1.05= 3,990

Year 4= 4,000

Total= $15,101.13

7 0
4 years ago
Richard has discovered that the photographs that he took are shaky. He figured out that when he presses the shutter button, his
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Buy a tripod that he can set his camera on to avoid shaky images. If the problem still continues, he should visit a technician to help him figure out what to do. 
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3 years ago
The ________ trend in computer hardware platforms explains how more and more people are using tablet devices to run enterprise w
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The cloud computing trend in computer hardware platforms explains how more and more people are using tablet devices to run enterprise wide software applications from remote locations.

<h3>What is cloud computing ?</h3>

Cloud computing can be regarded as the system that allows network-based access to use  communication tools like emails and calendars.

It helps in cloud-based infrastructure which uses communication, hence, cloud computing trend in computer hardware platforms explains how more and more people are using tablet devices to run enterprise .

Cloud helps the network-based access to be able to communicate tools such as; emails and calendars.

One of the cloud-based infrastructure that is very common to the society this time is Wats app and can as well be regarded as the example of cloud computing.

The major or main types of cloud computing services that is very common are;

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7 0
2 years ago
Q 8.27: Luna Company sold $2,400 of merchandise to Hubbard Incorporated on May 1st with terms 2/10, n/30. On May 6th, Hubbard re
laiz [17]

Answer:

The journal entry is shown below:

Explanation:

The journal entry which is to be recorded on the date of payment is as:

Cash A/c...........................................................Dr    $2,009

Sales Discount A/c.........................................Dr    $41

      Accounts Receivable- Hubbard Incorporated A/c..........Cr   $2,050

As the goods sold by company, so they received cash and any increase in assets account is debited. Therefore, the cash account is debited. And the company also offered discount which is also debited and the account of accounts receivable is credited.

Working Note:

Amount of cash received = (Sold merchandise amount - Return goods amount) - 2% on amount

= ($2,400 - $350) - 2% on amount

= $2,050 - 2% × $2,050

= $2,050 - 41

= $2,009

8 0
3 years ago
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