Answer:
umm i rrly dont know just need points thxs
Explanation:
Answer:
c) capitalize in the machine account
Explanation:
Since it is given that there is an improvement made to a machine due to which it increases the machine fair market value and at the same time it also increases the production capacity of 25% without extending the useful life of the machine
So as the question is talking about the improvement of the machine so the same is to be capitalized in the machine account
Hence, the option c is correct
The economic concept that is most related to Harry's style of decision-making is decision at the margin.
<h3>What is "decision at the margin"?</h3>
When we make decisions at the margin, it means that we are considering the marginal aspects of the decision.
In clearer terms, we are considering things like how much the one additional unit of something will cost us, as well as what we stand to benefit from the additional unit like Harry is doing.
Find out more on decision at the margin at brainly.com/question/13764545
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Answer:
(i) $940 billion
(ii) $380 billion
(iii) -$80 billion
(iv) $300 billion
Explanation:
Income, Y = $1,500 billion
Government spending, G = $260 billion
Taxes, T = $180 billion,
Investment spending, I = $300 billion
As Y = C + G + I
Consumption spending, C = $1,500 - $260 - $300
= $940 billion
Private savings = Y - T - C
= $1,500 - $180 - $940
= $380 billion
Public saving = T - G
= $180 - $260
= -$80 billion
National saving = private + public
= $380 - $80
= $300 billion
Answer: $0; $0
Explanation:
New classical economists believe that any fiscal policy that the government embarks on is ineffective on the goods demanded by people.
If the government reduces taxes, Crystal (according to the New classical) will believe that the government will raise taxes in future to make up for the shortfall so she will send the $2,500 to savings so she can be able to pay off the future taxes.
If the government increases spending, Crystal will believe that this will be financed by future tax increases so she will still save the money to pay off future taxes.
