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Andrej [43]
3 years ago
5

Creating more money to finance a deficit frequently results in inflation since there is more money chasing a limited amount of p

roducts (right shift of AD with a ___________ AS).A. left shiftedB. right shiftedC. stable/fixedD. none of the above
Business
1 answer:
Citrus2011 [14]3 years ago
6 0

Answer:

A. Left shifted

Explanation:

Creating more money to finance a deficit frequently results in inflation since there is more money chasing a limited amount of products (right shift of AD with a left shifted AS.

In the event of inflation in the economy, the aggregate supply curve shifts to the left because the price of raw-materials used in production increases and relatively fewer output will result, causing a reduction in Aggregate Supply.

You might be interested in
What is the source of income for the four sectors of the economy
OlgaM077 [116]

<u>Answer</u>:

Consumer, Investment, Government, and Foreign.

<u></u>

<u>Explanation</u>:

Consumer:

Personal disposable income

Investment:

Retained earnings

Government:

Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.

Foreign:

No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.

Hope this helps! Have a great day my loves<3      

                                                                                           <u>-Heiwa</u>

5 0
2 years ago
What economic theory would be most likely to make a person oppose taxing imports?
aleksklad [387]

The economic theory most likely to make a person oppose taxing imports is "<u>Laissez-faire"</u>

"Laissez-faire" is an economic theory that opposes the government's involvement in economic affairs.

Imposing a tax on imports can have implications for local businesses.

Thus, this theory gained popularity in the USA in the 18th century opposing the government's intervention in economic affairs.

It's a French phrase that means "Let us do," because people believed that imports and exports should be managed by states and not the central government.

Scholars believed that economies go down when governments start imposing taxes on imports.

If you need to learn more about Laissez-faire, click here:

brainly.com/question/23946713

#SPJ4

5 0
2 years ago
Debbie is a Financial Planner and charges her clients on a commission basis. For a particular month, Debbie makes three deals of
iVinArrow [24]

Answer

$400

Step by step explanation

Step 1: Total  of the three deal = $40,000

Commission = 1% = 1/100 = 0.01

Step 2: Find the commission for $40,000

Commission earned for the month = 0.01 *$40000

= $400

I hope you will understand this.

Thank you.

3 0
4 years ago
Read 2 more answers
George deposited $2,000 in his bank account, which offers 5 percent compound interest calculated annually. what would be the pri
Ymorist [56]

Answer:

$2,205

Explanation:

The amount available after two years can be calculated using the formula

A= P x ( 1 + r) ^n

where A = amount

P= principal: $2000

r = interest rate : 5%, or 0.05

n = number of compound periods: 2

A= $2000 x ( 1 + 0.05)^2

A= $2000 x1.1025

A= $2,205

Principal amount after two years = $2,205

3 0
3 years ago
Read 2 more answers
In order for the gift market, a local specialty store, to purchase christmas merchandise for selling in its store, it had to bor
Lelu [443]
The one that fits here is liability. All the debts owed by a business are called liabilities. We can say that is a normal debt or obligations that arise during the course of its business operations. These ones are settled <span>over time through the transfer of economic benefits including money, goods or services.</span>
5 0
3 years ago
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