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madam [21]
3 years ago
9

Suppose the government purposely changes the economy's cyclically adjusted budget from a deficit of 3 percent of real GDP to a s

urplus of 1 percent of real GDP. The government is engaging in a(n) ____
Business
1 answer:
natulia [17]3 years ago
6 0

Answer:

Contractionary Fiscal Policy is the correct answer.

Explanation:

It is a fiscal policy that includes increasing taxes and decreasing the expenditure to curb inflationary pressures. As the taxes are increased, households have less income to spend and the lower disposable income affects consumption. Tax increments also lead to less profit for businesses. GDP includes the consumption and private investment hence both of them fall as a result. The government tries to magnify the fall in GDP with the multiplier effect.

If the government decreases the expenditures then it would lead to a decrease in GDP, as the government expenditures are a part of GDP.

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PLEASE HELP!!! I NEED HELP WITH THE WHOLE TEST SOMEONE PLS HELP
sergij07 [2.7K]

Answer:

Pretty sure it's to <u>shift the cells up</u>

Explanation:

7 0
3 years ago
The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800 and 8,100 units, respectively. T
Mumz [18]

Answer:

Production Budget  Bath     118,200        

Production Budget   Gym    59400  

Explanation:

The production budget is calculated by adding the desired finished goods ending inventory to the sales and subtracting the opening inventory from it.

Production Budget

                                           Bath                Gym

Northern Sales                40,000             25000

<u>Southern Sales                75,000              35000</u>    (Missing Data)

<u>Total Sales                      115,000              60,000</u>

Add desired Ending

Inventory                           15000              7500

Less Opening Inventory  <u> 11800               8100</u>

<u>Production Budget            118,200          59400  </u>

<u />

<em>(The data in the given question was missing which has been added)</em>

<em>The Production Budget figures may change if the missing data is different from the one used.</em>

7 0
3 years ago
Which statement illustrates the law of demand?
melamori03 [73]

Answer:

Option (c) is correct.

Explanation:

Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.

Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.

3 0
3 years ago
HELPPSPSPPSPSOSPPSSPOSJHDJWK
zvonat [6]

Answer: B

Explanation:

8 0
3 years ago
Use the weighted-average inventory method for the following problem: The beginning inventory on August 1 has two items that are
Andrej [43]

Answer:

Average cost units in inventory=$1,205

Explanation:

August 8

Weighted  average cost in August 8

=( (2 × 100 )+ (3 × 250))/5=$190

Cost of goods sold in August 15 = 190× 3= 570

Balance in inventory in August 15 = 950 - 570 =380

Weighted average cost in August 25 = 380 + (3* 275)/(2+3)= 241  per

Average cost of units = $241 per unit

Average cost units in inventory in August 25= $241×5 =1205

Average cost units in inventory=$1,205

6 0
3 years ago
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