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stich3 [128]
3 years ago
13

Item 8Item 8 In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumptio

n, $40 billion of investment, $10 billion of net exports, and $20 billion of government purchases. Full-employment GDP is $120 billion. To obtain price-level stability under these conditions, the government should
Business
1 answer:
erma4kov [3.2K]3 years ago
4 0

Answer:

The government can reduce GDP by either:

  1. lowering government expenses
  2. increasing taxes which will lower consumption
  3. or a combination of both

Explanation:

currently total GDP = $100 billion (C) + $40 billion (I) + $20 billion (G) + $10 billion (X) = $170 billion

since the full employment GDP = $120 billion, the government must lower the GDP by $50 billion before inflation starts to rise.

The government can reduce GDP by either:

  1. lowering government expenses
  2. increasing taxes which will lower consumption
  3. or a combination of both

We aren't given any more information regarding MPC or MPS, so it is not possible to calculate by how much should government spending be lowered or taxes increased.

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A policy maker is unsure of the true marginal damages associated with a good, but they know that the marginal externality is con
katovenus [111]

Answer: True

Explanation:

Marginal externality is constant. However, it may not be calculated with accuracy. Hence, there's need for estimates at reasonable levels.

Hence, the policymaker's estimate of $35/ unit is reasonable and within the acceptable range of between $10 and $50/unit. Also, the tax charge raises social welfare compared to no tax at all.

6 0
3 years ago
James is a sales agent who is sponsored by best realty, and he is a member of the a-1 team. what must be done to ensure that jam
gavmur [86]

His broker must register the team name that complies with the new regulations with TREC before he may use it in advertising.

<h3>What is a team name?</h3>
  • The term "team name" refers to a name that is employed by one or more license holders that are sponsored by or connected to the same broker but are not the broker's actual name or an assumed business name.
  • Team or group must be at the end of team names.
  • Terms in team names that suggest the club is providing brokerage services independently of the broker are prohibited.
  • Brokerage, corporation, and associates are a some of the forbidden words.
  • As long as the team name ends with the words team or group, the phrases realty or real estate are permissible in the team name.
<h3>What is TREC?</h3>
  • The governmental entity in charge of overseeing real estate practices in the state of Texas is called the Texas Real Estate Commission.
  • The organization's main office is located in Austin at 1700 North Congress.
  • TREC is made up of nine people who the governor appoints with the support of the Texas Senate.

Learn more about TREC here:

brainly.com/question/4721435

#SPJ4

3 0
1 year ago
How can surveys and questionnaires be used to gather data for informal reports?
zavuch27 [327]

Answer:

<em>Surveys and questionnaires allow you to collect data efficiently and economically from groups of people.</em>

Explanation:

<em>Surveys are research  often used to assess opinions, thoughts, and feelings of people towards a subject area or environment. it can either be limited or specific or they also can have more widespread goal which can be global.</em>

<em>Questionnaires is a set of questions written or printed with answer choices , devised for the purposes of  a statistical study or survey.</em>

6 0
3 years ago
Read 2 more answers
A company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly 35. Which of th
Stella [2.4K]

Answer:

correct option is here B. About 14.3

Explanation:

given data

running sum of forecast errors RSFE = 500

mean absolute deviation MAD = 35

solution

we get here tracking signal that is express here as

tracking signal = \frac{RSFE}{MAD}     .................................1

put here value and we will get tracking signal

tracking signal = \frac{500}{35}

tracking signal = 14.3

so correct option is here B. About 14.3

4 0
3 years ago
The idea that an economy can get stuck in either an unemployment equilibrium or an inflation equilibrium is most closely associa
satela [25.4K]

Answer: D

Explanation:

the idea of coordination failures

8 0
3 years ago
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