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vlada-n [284]
3 years ago
14

The short-run economic outcome resulting from the increase in production costs is known as . Now suppose that the government dec

ides not to take any action in response to the short-run economic impact of the higher oil prices. In the long run, when the government does nothing, the output in the economy will be $ billion and the price level will be:__________.
Business
1 answer:
Mice21 [21]3 years ago
7 0

Answer:

1. Stagflation.

2. $110;$110

Explanation:

Stagflation can be defined as a short-run economic outcome resulting from the increase in production costs.

Supposing the government decides not to take any action in response to the short-run economic impact of the higher oil prices. In the long run, when the government does nothing, the output in the economy will be $110billion and the price level will be $110.

Hence, resulting in an equilibrium price in the economy.

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Which of the following taxes are paid by the employee and the employer? a.FUTA b.Federal withholding taxes c.SUTA d.FICA
vlabodo [156]

Answer:

The correct answer is letter "D": FICA.

Explanation:

The FICA (<em>Federal Insurance Contributions Act</em>) is a U.S. law that requires a paycheck deduction to be paid to <em>Social Security</em> and <em>Medicare</em>. Employers and employees share half the payment unless an individual is self-employed meaning the full amount must be covered by that person.

8 0
3 years ago
2. Where do you fit in with the definition of economics<br>​
vovikov84 [41]

Answer:

middle class

Explanation:

I fit in middle class because I do not struggle and my family lives comfortably but we don't have millions

3 0
3 years ago
Which act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in moti
hoa [83]

The clean air act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in motion.

<h3>What is pollution</h3>

Pollution is the release of dangerous and toxic substances to the air or environment which are toxic to human health and prone health hazards.

Therefore, The clean air act outlines regulations to control smoke and other forms of pollution from various sources, whether stationary or in motion.

Learn more about pollution below.

brainly.com/question/24704410

#SPJ4

8 0
2 years ago
Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes pa
SSSSS [86.1K]

Answer:

A. True

Explanation:

The term business intelligence refers to the plans, process through which the raw data is to be converted into meaningful information that became relevant for the ethical decision making so that the goals and the objectives of the company could be accomplished.  

Data + Process = Information

Collection of information through internal and external parties would also help to analyze the trends, patterns for better decision making.  

Therefore, the given statement is true.

5 0
3 years ago
Currency located at the company $ 600
Drupady [299]

Answer:

$12,900

Explanation:

Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.

It is a current asset in the balance sheet.

Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400

= $12,900

5 0
3 years ago
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