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Maurinko [17]
3 years ago
11

Total government spending (federal, state, and local) sums to approximately:

Business
1 answer:
Inga [223]3 years ago
5 0

Answer:

b.

40 percent of the U.S. economy.

Explanation:

The public sector of the U.S. economy it's almost 40% of its economy, the last date of government spending on the economy of the United States increased to 3,312.75 billion dollars in the third quarter of 2019, is approximately 38% of the GDP.

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A law passed increasing the minimum wage by 10%.
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The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.

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When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.

The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.

Based on research, an increase in minimum wage raises prices by 4 percent in the economy.

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3 years ago
Blue Spruce Corp. started the year with total assets of $304000 and total liabilities of $244000. During the year the business r
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$305,000

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The government of country A has determined there is a coal shortage based on mining reports. As a result of these data, the gove
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