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3 years ago

Reductions in private spending as a result of increased government spending and borrowing is called

1 answer:

7 0

The answer is crowding out. Crowding out refers to the reducing in private spending as the end result of the increasing government acquisitions or borrowing. It is a situation wherein the personal consumption of merchandises and amenities, as well as savings by business are reduced because of the government’s spending and lack of resources, which results to the hoarding or sucking up of offered commercial properties and the rise of interest rates.

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A statistician prepared a bar chart showing, in descending order, the frequency of six underlying causes of general aviation acc

Zigmanuir [339]

The answer is: Pareto chart

Pareto chart is the combination of line and bar graphs. This type of chart is usually used to present data with frequency of nonoccurence and unite measurement at the same time.(frequency of accidents and number of factors that cause the accidents. )

Other than that, Pareto chart is also commonly used in quality control or searching the highest cause of defects.

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3 years ago

Read 2 more answers

If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of

Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

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2 years ago

Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good

cupoosta [38]

Answer:

Common Resource

public good

private good

Explanation:

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the clock does not means another person cannot enjoy the view of the clock

A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the drum set and those you allow that can use the drum set.

A common resource is a good that is non excludable but rivalrous. The bike in the fitness room is an example. Because the gym is open to anyone, it is non excludable. Only one person can use it at a time, thus it is rivalrous

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2 years ago

. Doug purchased a new factory building on January 15, 1990, for $400,000. On March 1, 2017, the building was sold. Determine th

erma4kov [3.2K]

Answer:

e. None of the above

Explanation:

Purchase Value of Machinery = $4,000,000

Life of building = 30 years

Depreciation per year (assuming no 5% residual value)

= (4,000,000 - 200,000)/30

= $ 126,667

Dep. till December 31, 2016 = 126667*21 years

= $2,660,000

Dep. till March 1, 2017 from December 31, 2016

= (122667*2)/12

= $21,111

Total Dep. till March 1, 2017 = $2,660,000 + $21,111

= $ 2,681,111

Cost of recovery deduction = $4,000,000 - $2,681,111

= $ 1,318,889

Therefore, The cost recovery deduction for the year of the sale is $ 1,318,889

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3 years ago

What do borrowers use to secure a mortgage loan?

mylen [45]

Answer:

A. and B.

Explanation:

mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.

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3 years ago

Read 2 more answers