3 years ago

Deadweight loss is

Business

1 answer:

WINSTONCH [101]3 years ago

7 0

Answer:

B. the reduction in economic surplus resulting from a market not being in competitive equilibrium.

Explanation:

Deadweight loss is inefficency in the market that occurs when demand and supply aren't in equilibrium. As a result of this inefficiency consumer and producer surplus falls.

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If the money supply is $60 billion, the velocity of money is 7, and real GDP is $336 billion, then the price level equals:

attashe74 [19]

Answer:

$1.25

Explanation:

According to the quantity theory of money

money supply x velocity = real gdp x price

7 x 60 = 336 x p

p -1.25

velocity measures how fast money changes hand in the economy

real GDP is gdp adjusted for inflation

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3 years ago

When qualifying a buyer using the Fannie Mae guidelines, what is the ratio allowed for the amount of money for housing expense c

vfiekz [6]

Answer:

28%

Explanation:

Most mortgage lenders, including Fannie Mae, use the 28/36 rule. That rule states that a family should spend no more than 28% of the gross monthly income (GMI) on housing expenses, and pay no more than 36% of GMI to cover debts (mortgage payments are included in this 36%).

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Explanation:

Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner

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3 years ago

Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of rec

Citrus2011 [14]

Answer:

The answers are given below;

Explanation:

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b. Allowance for doubtful accounts-opening ($4,600)

Allowance for doubtful accounts-closing $20,520

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4 years ago

Should the government forgive existing loans?

irinina [24]

Answer:

yes they should get smart dunmmy stop cheating

Explanation

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3 years ago