Answer:
Explanation:
Attached is a solution to the question
Answer:
A) The GDP deflator is better than the CPI at reflecting the goods and services bought by consumers.
Explanation:
The GDP deflator measures the change in prices of all finished goods and services produced within an economy in a given year.
The CPI, on the other hand, measures the change in the price of a selected basket of goods and services, that corresponds with those that are most often bought by citizens, but is limited anyways in scope.
Therefore, we can safely conclude that the GDP deflator is a more comprehensive measure, even if it's used less frequently than the CPI.
Answer: The fiscal policy which will help in GDP rise is cutting taxes to boost Aggregate Demand.
Explanation: When government seek into the economy they have two main tools at their disposal --monetary policy and fiscal policy. Fiscal policy is usually used to have a track record of government spending and taxation. which generally increase the influence the economy. Government usually promote fiscal policy to have a strong and sustainable growth and to reduce the level of the poverty. A basic equation to calculate the GDP ( gross domestic product) is
GDP=C+I+G+NX
There are mainly two ways to reduce the unemployment rate.
Learn more about fiscal policy.
brainly.com/question/6583917
Spaniards can produce 10 gallons of wine or 8 gallons of olive oil per worker hour. Americans can produce 9 gallons of wine or 6 gallons on olive oil per worker hour.
Spanish have an absolute advantage in wine and olive oil.
According to a recent study that was published in the Journal of Agricultural and Food Chemistry in 2021, olive oil actually improves the flavor of red wine. Therefore, I advise matching a full-bodied red wine with an extra olive oil if you require a rapid wine and olive oil pairing.
Learn more about wine and olive oil here brainly.com/question/10501034
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Explanation:
The journal entry to record the re-issuance of the stock is shown below:
Cash A/c Dr $240,000 (20,000 shares × $12)
Retained earnings A/c Dr $80,000
To Treasury stock $320,000
(Being the re-issuance of the stock is recorded)
The computation is shown below:
For treasury stock
= 20,000 shares × ($16 per share - $12 per share)
= $80,000
So as we can see the retained earnings is decreased by $80,000
