<span>The price level would be lower than would otherwise have occurred.
Since the economy is a inflation gap </span><span>input prices will eventually increase in the
absence of any fiscal policy, causing the price level to rise and output to fall back to potential
output. The contractionary fiscal policy will reduce aggregate demand and lower output to
potential output while at the same time lowering the price level. Thus the only difference
<span>between the two is a lower price level with the contractionary fiscal policy.</span></span>
Answer:
demand will be low
Explanation:
According to my research on different pricing strategies, I can say that based on the information provided within the question demand will be low. Since they will be charging high amounts the demand will be lower because only a select few amount of people will be able to afford it. Usually their consumer base will be made up of enthusiasts and loyal customers that have supported the brand for years and have a good economic standing. Demand will slowly rise as competition sets in and prices decrease.
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Answer:
$700
Explanation:
to calculate the amount of state income tax refund that must be included in the 2019 tax return we can use the following equation:
state income tax refund included in gross income = itemized deduction - standard deduction = $24,700 - $24,000 = $700
the rest of the refund = $1,800 - $700 = $1,100, should not be included in the 2019 gross income
Answer:
I will use the Omega network configuration if the economic factor is the determining one.
The total cost for the Omega network using the 4x4 switches will be $12,800, unlike the Butterfly network that can use the 16x16 switches that will cost $24,000.
Explanation:
The Omega network configuration will use the 4x4 switches which cost $50 each. The total number of switches required = 4,096/16 = 256. The total cost for 4x4 switches = 256 * $50 = $12,800. This is better than the Butterfly network configuration that can use the 16x16 switch, costing $1,500 x 16 (4,096/256) = $24,000.
Idk what the options are supposed to be but i know for sure that one of the answer is that it gives you $20,000 in student loans