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mrs_skeptik [129]
1 year ago
6

In the neoclassical model, the as curve shifts to the right over time as_______________________ and potential gdp expands.

Business
1 answer:
Zepler [3.9K]1 year ago
8 0

In the neoclassical model, the as curve shifts to the right over time as productivity increases and potential GDP expands.

Potential GDP is the theoretical component where labor and capital are at the highest sustainable rates (i.e. H. at rates consistent with steady growth and steady inflation.

Potential is the maximum ideal output of an economy with a high GDP and maintaining currency and product price stability. Gross Domestic Product (GDP) is the amount of output that an economy could produce given a constant rate of inflation, but the price of rising inflation causes an economy to temporarily produce above its potential level of production. maybe performed.

Learn more about potential GDP here: brainly.com/question/13824314

#SPJ4

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3 years ago
At the end of the current year​ (before adjusting​ entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Rece
Umnica [9.8K]

Answer:

1. Using the​ percent-of-sales method, calculate the amount of​ Uncollectible-Account Expense if Summer Corporation estimates its​ uncollectible-account expense using a rate of 3​% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario?

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Answer:

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Answer:

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