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GenaCL600 [577]
3 years ago
15

A decrease in government spending initially and primarily shifts Select one:

Business
1 answer:
d1i1m1o1n [39]3 years ago
3 0

Answer:

C

Explanation:

neither aggregate demand nor aggregate supply.

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Real GDP per capita is not a perfect measure of the well-being of a country's individual citizens because: Instructions: You may
nasty-shy [4]

Answer:

it does not measure quality-of-life factors ; it does not account for distribution of wealth ; it fails to measure non monetary (home production) activities

Explanation:

Real GDP is the total value of goods & services produced in an economy, during a period of time. But it is not correct measure of welfare level.

  • It does not measure non monetary production, like hobby production eg kitchen gardening, self made paintings, music. But, they increase welfare
  • It does not take into consideration the qualitative factors affecting welfare like pollution, crime & literacy. Externalities cause extra benefit or harm to welfare level, but are excluded from GDP.
  • Inequitable distribution of  per capita (average) GDP increases rich poor standard of living divide. So, the distribution effect ignored make GDP an inapt measure of average welfare level.

Real GDP adjusts the value of goods & services for price change (Inflation), it is a correct measure of increase in real flow of goods & services. GDP & health positive correlation is a favouring point for GDP as a measure of welfare. So, these options are incorrect.

4 0
3 years ago
If government spending occurs, there will be a(n) _______ of private-sector investors, described as a(n) _______ of that spendin
MrRa [10]

If government spending occurs, there will be a(n)crowding out of private-sector investors, described as a(n) opportunity cost of that spending.

<h3>What is government spending?</h3>

This is the term that is used to refer to all forms of expenditures that the government of a place may embark on.

Spending is an expansionary policy that helps to stimulate the government of a place.

Read more on government spending here:

brainly.com/question/25125137

#SPJ1

3 0
1 year ago
How does investing in the stock market differ from putting money in a savings account at a bank​?
n200080 [17]

Answer:

d. you have the opportunity to make more money when you invest compared to what you can earn putting your money in a savings account

5 0
3 years ago
when a sale is made to a customer on credit, it creates an a/r that is classified on the balance sheet as
zalisa [80]

The correct answer is a current asset.

When a business makes a sale on account it creates an a/r, which stands for accounts receivable. Accounts receivable are categorized as a current asset on the balance sheet.

4 0
3 years ago
Amounts owed to suppliers for supplies purchased on account are defined as
OlgaM077 [116]
The term being referred in the item above is called as "Accounts Payable". By the words being used in the term itself, it may be easily determined that this is a liability being owed to the supplier and should be payed in any terms, such as notes, check, or cash. 
5 0
3 years ago
Read 2 more answers
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