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3 years ago

The standard view in economics is that tax cuts without will the budget deficit resulting in .

1 answer:

4 0

The standard view in economics is that tax cuts without SPENDING CUTS will INCREASE the budget deficit resulting in CROWDING OUT INVESTMENT. When a government lowers tax without minimizing its spending, it leads to crowding out investment effect, which is a situation in which increased interest rates leads to a decrease in private investment spending in such a way that it takes color out of the initial increase of total investment spending.

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Jacob and Mason go to a diner that sells burritos for $5 and tacos for $3. They agree to split the lunch bill evenly. Mason choo

Rainbow [258]

Answer:

Explanation:

The marginal cost refers to the cost of producing one additional unit or serving one more customer.

In this case, we have to determine the additional cost of Jacob ordering a burrito instead of a taco. As Mason chose the tacos and they agreed to split the lunch bill evenly, if Jacob decides to eat the tacos, the cost for each of them is:

$3+$3=$6/2= $3

If Jacob decides to eat the burrito:

$3+$5= $8/2= $4

So, the marginal cost to Jacob ordering a burrito is:

$4-$3= $1

7 0

3 years ago

During this period, people who monitor the U.S. economy were constantly on the lookout for signs of inflation. Explain why infla

Elis [28]

Answer:

GDP is higher than normal

Explanation:

This is a situation where GDP is higher than the usual and it shows that the economy is above the employment level and overly active. The extra gross domestic product leads to an increase in demand for goods and services and that leads to high inflation. The initial sighs include, increase in employment rate, more wages, high demand.

6 0

3 years ago

Xyz company is a low-cost provider. xyz is most susceptible to

Alex777 [14]

Xyz company is a low-cost provider. Xyz is most susceptible to ANY NEW INNOVATIONS OR INVENTIONS FROM A COMPETITOR COMPANIES.
Low cost strategy is one of the three generic marketing strategies. It is a pricing strategy in which a service provider or a company reduces the cost to increase profit and demand.

5 0

3 years ago

Mikey is very picky and insists that his mom make his breakfast with equal parts of cereal and apple juice any other combination

timofeeve [1]

Answer: Mikey's mom will buy 80 tablespoons each of cereal and juice. Option C.

Explanation:

We will get the correct option by calculating each option thus:

Cereal = 4 cents per tablespoon.

Juice = 6 cents per tablespoon.

Option A. 40 tablespoons of cereal and 75 tablespoons of juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

75 tablespoons of juice X 6 cents = 450 cents = $4.5

Option A gives a total of $6.1 (WRONG).

Option B. 100 tablespoons of cereal and 67 tablespoons of juice

100 tablespoons of cereal X 4 cents = 400 cents = $4

67 tablespoons of juice X 6 cents = 372 cents = $3.72

Option B gives a total of $7.72 (WRONG).

Option C. 80 tablespoons each of cereal and juice.

80 tablespoons of cereal X 4 cents = 320 cents = $3.2

80 tablespoons of juice X 6 cents = 480 cents = $4.8

Option C gives a total of $8 (CORRECT)

Option D. 40 tablespoons each of cereal and juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

40 tablespoons of juice X 6 cents = 240 cents = $2.4

Option D gives a total of $4 (WRONG)

Therefore, the correct option is C.

3 0

3 years ago

In a market economy, buying decision are made by consumer

stiv31 [10]

Answer:

customers

Explanation:

they are the one who buys products that factories make

5 0

3 years ago

The standard view in economics is that tax cuts without​ ________ will​ ________ the budget deficit resulting in​ ________.

The standard view in economics is that tax cuts without will the budget deficit resulting in .