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Murljashka [212]
3 years ago
13

When the macroeconomic equilibrium is such that real GDP exceeds potential real GDP, the economy is suffering from ________, and

the government policy to eliminate this gap will ________ real GDP and ________ the price level.?
Business
1 answer:
guajiro [1.7K]3 years ago
7 0
Base on my research, the gap that is stated in the problem is the inflationary gap. This is the amount of the real GDP go beyond potential full-employment GDP. Upon eliminating this gap the government forms a policy that will allow the potential GDP to be equal to the real GDP and higher the price level. 
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maria [59]

Answer:

A cash outflow of $82 million.

Explanation:

Because during the year Shady had taxes expenses for $80 million but then Shady cancelled $2 million of the Income Tax Payable account, which decreased from $14 million to $12 million.  

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3 years ago
According to the marginal productivity theory of income
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Answer:

The income received by an individual who supplies labor services equals the incremental benefit generated to the firm by the individual´s labor

Explanation:

The marginal productivity theory of income or wages states:  firms pay a salary that is equal to the extra benefit a (that is why is marginal; an extra unit in this case is an extra unit of labor) worker represents in output of production. In other words, if the firm employees a new worker, its salary would be equal to the extra output produced by him or her (marginal product of labor). Because of this, wages depend on the production function each firm has. The mathematical formula to get the marginal product of labor is: dF/dL, where F is the production function and L represent labor in it.

5 0
3 years ago
The ultimate economic burden of a tax is best captured by: A. the marginal tax rate. B. the effective tax rate. C. the average t
Musya8 [376]

Answer:

B

Explanation:

The ultimate economic burden of a tax is best captured by the effective tax rate, which is the average rate at which an individual is taxed on earned income or at which a corporation is taxed on profits before tax.

8 0
3 years ago
A cash budget:______.A. Would be as useful to a business which makes sales only on a credit basis, as it is to a business making
Umnica [9.8K]

Answer:

A. Would be as useful to a business which makes sales only on a credit basis, as it is to a business making sales for cash.

Explanation:

A cash budget shows the cash flow for a business over a certain time period in which the budget determines if the business has enough cash to operate.

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A leading beverage company sells its signature soft drink brand in vending machines for $0.99 per 12 oz. can. A vending machine
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Answer:

You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.

Explanation:

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7 0
3 years ago
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