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3 years ago

true or false: a supply curve describes how much a producer of services are willing to sell at different prices

Business

1 answer:

densk [106]3 years ago

4 0

Answer:

True

Explanation:

The supply curve is a graph showing the quantities of a good or service a supplier is willing and able to supply at differnt prices.

According to the law of supply. the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

the supply curve is upward sloping

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Which of the following is a correct description of the crowding-out effect of deficit spending?

borishaifa [10]

Answer:

the options are missing, so I looked for them:

a. The buying of government bonds leads to lower interest rates, thereby reducing private investment.

b. The selling of government bonds leads to higher interest rates, thereby reducing private investment.

c. The selling of government bonds leads to lower interest rates, thereby reducing private investment.

d. The buying of government bonds leads to higher interest rates, thereby reducing private investment.

the answer is:

b. The selling of government bonds leads to higher interest rates, thereby reducing private investment.

Explanation:

The crowding out effect happens when the government increases its spending level in order to engage in an expansionary fiscal policy but someone needs to pay for this extra spending. In order for the government to finance their spending, they have to choose to either increase taxes or issue more debt. When they issue more debt, they end up decreasing private investment since money that could be used by private companies is used by the government instead.

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3 years ago

Why do you have a social security card if you're socially insecure?

nlexa [21]

Answer:

So we can be hot ️‍

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3 years ago

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Glass walls

Goshia [24]

Answer:

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3 years ago

Buffalo Corporation issues $630,000 of 9% bonds, due in 11 years, with interest payable semiannually. At the time of issue, the

katen-ka-za [31]

Answer:

the issue price of the bonds is $593,177

Explanation:

The computation of the issue price of the bonds is shown below:

Particulars Amount PV factorat 5% Present value

Semi-annual interest $28,350 11.68959 $331,400

Principal $630,000 0.41552 $261,778

Total $593,177

hence, the issue price of the bonds is $593,177

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3 years ago

An employee earns $7,500 in wages and has $1,800 in Federal Income Tax withheld and $318 in State Income tax withheld. In additi

kogti [31]

Answer:

Dr. Wages Account with $7,500 (employee Wages Payable)

Cr. Federal Income Tax Payable on Employee Wage with $1,800

Cr. State Income Tax Payable on Employee Wage with $318

Cr. FICA Medicare Payable with $108.75 (1.45% on Taxable wage of $7,500)

Cr. FICA Social Security Payable with $465 (6.2% on Taxable wage of $7,500)

Cr. Bank/Cash/Wages Payable Account with $4,808.25 (Net Wage Payable to Employee)

Explanation:

Dr. Wages Account with $7,500 (employee Wages Payable)

Cr. Federal Income Tax Payable on Employee Wage with $1,800

Cr. State Income Tax Payable on Employee Wage with $318

Cr. FICA Medicare Payable with $108.75 (1.45% on Taxable wage of $7,500)

Cr. FICA Social Security Payable with $465 (6.2% on Taxable wage of $7,500)

Cr. Bank/Cash/Wages Payable Account with $4,808.25 (Net Wage Payable to Employee)

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2 years ago

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