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n200080 [17]
3 years ago
5

When taxes increase, consumptiona. decreases, so aggregate demand shifts left. b. increases, so aggregate demand shifts right. c

. decreases, so aggregate supply shifts left. d. increases, so aggregate supply shifts right.

Business
1 answer:
LenKa [72]3 years ago
7 0

Answer:

a. decreases, so aggregate demand shifts left. 

Explanation:

When tax is increased, disposable income reduces and therefore consumption falls. The fall in consumption shifts the aggregate demand curve to the left.

I hope my answer helps you.

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Consider the case of long-distance telephone service. In country X, there are 20 providers of long-distance telephone service in
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Answer:

Country X will have higher growth potential than country Y.

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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 19
uranmaximum [27]

Answer:

B) $1,132,895

Explanation:

If the CPI = 15.2 in 1931, and in 2012 it was = 229.6, then President Hoover was making a fortune = (229.6 / 15.2) x $75,000 = $1,132,895, and he was a terrible president, one of the worst ones in all history.

In 2012 when President Obama was in office, he made around $400,000 and he was a much better president.

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3 years ago
Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the survey
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Answer:

Benchmark.

Explanation:

In this scenario, Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the surveyor came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case, the iron spike would be known as benchmark.

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8 0
3 years ago
Alliance Company budgets production of 23,000 units in January and 27,000 units in the February. Each finished unit requires 4 p
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Answer:

Total= 96,800 pounds

Explanation:

To calculate the direct material requirement, we need to use the following formula:

Budgeted material= required for production + desired ending inventory - beginning inventory

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I need help with this Its really hard please help me!
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Answer:

The answer is below

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Going by the general biological terms and the definition is given, here the terms and their correct definitions

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3 years ago
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