Answer:
1. economic growth;
2. the size of the economy
Explanation:
According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.
Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.
Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
The two functions of financial accounting are to measure business activities and prepare tax returns. FALSE
<h3>
What is a Tax return?</h3>
- A tax return is a document submitted to a taxing body that lists earnings, outlays, and other pertinent financial data.
- Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
- Tax returns must typically be filed yearly.
- In the United States, tax returns including data necessary to compute taxes are filed with the Internal Revenue Service (IRS) or with the state or local tax collecting agency (Massachusetts Department of Revenue, for instance).
- The IRS or another applicable authority's forms are often used to complete tax returns.
To learn more about Tax return, refer to the following link:
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Answer:
c is the correct represent the equilibrium price if I am not wrong
Explanation:
<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>
