Answer:
False
Explanation:
If the quantity of financial capital supplied is equal to the quantity of financial capital demanded then, the national savings and investment identity is written as S + (M - X) = I + (G - T)
Where S = Private sector saving.
I= Private sector investment.
G= Government spending.
T=Government income, i.e. tax.
X =Exports.
M=Imports.
If Keynes's law applies during economic contractions and Say's law applies during economic expansion, the way in which the three goals of macroeconomics would be affected is that: trade-offs and connections may differ in the short run and the long run.
<h3>What is
macroeconomics?</h3>
Macroeconomics can be defined as a study of all the behaviors, performances, and factors that affect the entire economy. This ultimately implies that, macroeconomics typically focuses on aggregate phenomena such as the following:
- Gross Domestic Product (GDP).
- Inflation
- Price level
- Economic growth.
According to the law established by John Maynard Keynes, demand is an economic factor which creates its own supply. Additionally, the way in which the three (3) goals of macroeconomics would be affected are as follows:
- Trade-offs may differ in the short run.
- Connections may differ in the short run.
- Connections may differ in the long run.
- Trade-offs may differ in the long run.
Read more on macroeconomics here: brainly.com/question/29035217
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Complete Question:
If Keynes's law applies during economic contractions and Say's law applies during economic expansion, how will the three goals of macroeconomics be affected?
determinates of total supply for the economy will be traded-off
trade-offs and connections may differ in the short run and the long run
institutional and market structures will connect factors of production
the economy will face genuine limits to how much can be produced
Answer:And?????? Just sounds like he’s a good man.
Explanation:
Answer:
COGS= $250,000
Explanation:
Giving the following information:
Beginning Finished Goods Inventory $72,000
Ending Finished Goods Inventory $68,000
Cost of Goods Manufactured for the period $246,000
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 72,000 + 246,000 - 68,000
COGS= $250,000
