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Ulleksa [173]
3 years ago
13

In 3 or 4 sentences, explain how increasing the money supply can result in economic growth.

Business
1 answer:
3241004551 [841]3 years ago
8 0

The value of the American dollar would go down drastically. By doing that it would increase the prices of basically anything and everything. It will place our country in an immense debt and could potentially have our country fail.

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Capital budgeting is concerned with making and managing expenditures on:________
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2 years ago
The price elasticity of demand for a particular cancer drug is zero and the price elasticity of supply is 0.50. If a $1 excise t
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$1 or 100% of the tax

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When the price elasticity of demand is 0, it means that the good or service will be purchased regardless of its cost. Very few things have such a low price elasticity, and the fact that this is drug for treating cancer is the reason why that happens. Anyone that can purchase a drug that will keep you alive, will do so as long as you have enough money to do so. Another good with a very low price elasticity, but not 0, is gasoline with a 0.02 to 0.04, and gasoline is a basic necessity also.

The curve for a perfectly inelastic good is vertical. So any increase in taxes will be paid by the customers.

7 0
3 years ago
Olivia johnson is an exempt employee and earns $125,000 per year. if olivia was paid on a biweekly basis, what would her gross p
Lelechka [254]

Olivia Johnson makes $125,000 a year as an exempt employee. if Olivia was paid on a biweekly basis her gross pay would be $ 5208.33.

<h3>What do you mean by Gross pay?</h3>

Before any deductions are done, a person's gross pay is their total earnings for a specific time period. Deductions such as mandated taxes and Medicare contributions, as well as deductions for company health insurance or retirement funds, are not taken into account when calculating gross pay. The gross pay definition differs from the net pay definition in that it does not include an individual's take-home pay.

The formula to calculate gross pay is mentioned below:

Net pay plus taxes and deductions equal gross pay.

To know more about Gross Pay, visit:

<u>brainly.com/question/14690804</u>

#SPJ4

6 0
2 years ago
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3 years ago
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