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Wewaii [24]
4 years ago
8

g The long-run effect of an increase in household consumption is to raise a. both real output and the price level. b. real outpu

t and lower the price level. c. real output and leave the price level unchanged. d. the price level and leave real output unchanged.
Business
1 answer:
satela [25.4K]4 years ago
6 0

Answer:

D). The price level and leave real output unchanged.

Explanation:

The long-run impact of an increase in household consumption is to elevate 'the price-level and leave real output unchanged.' The increased consumption would lead to a rise in demand which will correspond to an increase in out and decrease in unemployment.

As per the long-run self-adjustment mechanism, this shock in the economy will lead to inflation while the increase in Aggregate demand would correspond to an increase in prices and GDP. The inflation would increase the labor charges and therefore, the firms would produce less and it keeps falling until the full employment output is achieved. Thus, the long-run effect would be that GDP returns to its previous state(unchanged) while the prices are still higher. Hence, <u>option D</u> is the correct answer.

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A company purchased new equipment for $45,000. The company paid cash for the equipment. Other costs associated with the equipmen
sattari [20]

Answer:

the cost recorded for the equipment is $52,500

Explanation:

The computation of the cost recorded for the equipment is shown below:

The Cost of equipment is

= Purchase price + Transportation cost + Sales tax + Installation cost

= $45,000 + $2,300 + $3,100 + $2,100

= $52,500

Hence, the cost recorded for the equipment is $52,500

The same is to be considered by applying the above formula

3 0
3 years ago
1. Discuss how core factors, cues to quality, and interpersonal factors of a product influence your buying decisions. Discuss wi
Umnica [9.8K]

Explanation:

Interpersonal product feature play a role in determining one's buying decision. For example, an individual who is open to new experiences may be more likely to try a new technology.

Another example is that of an individual who has a negative view of how he or she looks or dresses, he or she may tend to seek and buy products that could enhance how they feel about themselves.

As regards the quality of a product, it is usually based on the purchase plan period. For example, an individual who notices he needs an item urgently may be less likely to include quality in his buying decision, especially when it's a life-saving item for an emergency. But someone who has the time and has been planning to buy an item for months, will more likely examine quality before he makes a buying decision.

5 0
3 years ago
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Yanka [14]

Answer:

False

Explanation:

In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.

Thus, the weekly benefits are not included in this and the above statement is incorrect.

4 0
3 years ago
Which career is more common in the U.S. West than other areas of the country?
STALIN [3.7K]

Answer:pjfwij4cnogawugnfichihnugwruiuagngvauybgivnghvrnglvhnhnlgnahrnlhenlrhgnlrhlnvhnshgnsirnlhegnvshrufesliurghsenvfhesihrgnhfueislrughfnehgvsnkhgnvhfskdhgvkdhnkjhnfdvhklhnvlkhnslkhgv

Explanation:

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7 0
3 years ago
Suppose the Andrews company expands to other markets with good designs, high awareness, and easy accountability, what strategy w
marissa [1.9K]
The correct answer should be B. Broad differentiation

They want to be seen as better than others and also spread to other markets. This is why they would advertise these qualities that are mentioned in the question, so as to appeal to higher amount of people. Niche would be if they had a niche buyer base and if they stuck to them making products for them.
3 0
3 years ago
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