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Kipish [7]
3 years ago
15

The marginal propensity to consume is 0.75 and the economy is operating at full-employment real GDP at $510 billion. If a $20 bi

llion personal consumption increase is matched by an equal increase in personal taxes, long-run real GDP will
Business
2 answers:
KiRa [710]3 years ago
6 0

Answer:

Long run real GDP will remain unchanged.

Explanation:

The increase in personal taxes (-$20 billion) would offset any increase in real GDP generated by the increase in private consumption ($20 billion). Nominal GDP can be affected and increase by $20 billion, but the effect would be given by an increase in general price level (inflation), not by an increase in real money.

Andreyy893 years ago
6 0

Answer:

<em>woiejjiikr</em>

<em><u>ididjkr</u></em>

<h3><em><u>riririrjr</u></em></h3>
  1. <em><u>if</u></em>
  2. <em><u>ididd</u></em>
  3. <em><u>wo</u></em><em><u> I</u></em><em><u> am</u></em><em><u> not</u></em><em><u> able</u></em><em><u> to</u></em><em><u> do</u></em><em><u> we</u></em>
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Globalization is the process of
Gwar [14]

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

7 0
3 years ago
Rachel entered into a contract to purchase a 2004 Dodge from Hanna, who lived in the neighboring apartment. When a dispute arose
Genrish500 [490]

Answer:

Hanna is correct.

Explanation:

The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants.  Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars.  Therefore, the case should be adjudicated under the common law.  What has taken place in this instance is the exchange of a personal asset.  Hanna cannot make a trading profit from the sale, but a capital gain.  Rachel is not correct.

8 0
2 years ago
Earth Movers, Inc., uses dynamite to prepare land for highway projects. Strict liability is imposed on this activity because:___
skad [1K]

Answer: c. The activity is abnormally dangerous

Explanation:

Strict liability is also referred to as the absolute liability, and this term means legal responsibility for injury or damages, despite the fact that the individual or business that's found strictly liable wasn't negligent or probably at fault for the injury to damages.

In this case, if Earth Movers, Inc., uses dynamite to prepare land for highway projects, a strict liability is imposed on this activity because it is abnormally dangerous.

8 0
3 years ago
Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for inves
lubasha [3.4K]

Answer:

True

Explanation:

Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for investment or use in a trade or business.

However, Taxpayers must defer gain or loss realized on the exchange of like-kind property.

6 0
3 years ago
The development of team roles arises from the ______ of the team, the organization, and the team members themselves. Multiple ch
Naddik [55]

The development of team roles arises from the expectations of the team, the organization, and the team members themselves. .

<h3>What is a team?</h3>

A team serves as group of people that have a particular goal and they work together to achieve the aim of the organization.

However, team roles are the responsibility of each members which is expected from individuals in the team.

Learn more about team at:

brainly.com/question/11352260

5 0
3 years ago
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