Answer:
a. both the money supply increase and the investment tax credit
Explanation:
When the Central Bank of Wiknam increases the money supply, it is known as expansionary monetary policy.
When the Parliament of Wiknam passes a new investment tax credit, it is known as expansionary fiscal policy.
A shift in the aggregate demand curve to the right is when aggreagrate demand increases.
When money supply is increased, disposable income increases, consumption increases and aggregate demand increases.
Investment tax credit reduces the amount paid as tax and therefore increases disposable income, consumption increases and aggregate demand increases.
I hope my answer helps you.
Inflation
Inflation is mainly characterised by general increase of prices and goods
Answer:
Explanation:price of the commodity
price of related goods
income if the consumer
taste and preference
exceptation of change of price
Answer: Accounts Payable
Explanation:
The General Ledger has a record of all the financial transactions that take place in the company. It therefore has an Accounts Payable account that records payables that the company has incurred.
The firm will also have an Accounts Payable Ledger that will also record the payables that the firm has incurred. When the entries have been made in this ledger and also in the General Ledger, the balances should be equal to reflect proper record keeping.
If the balances are not equal then an accounting error has been made that needs to be found and rectified.
Answer:
the underground economy
Explanation:
Gross domestic product is defined as the monetary value of all goods and services that a country produces within a given period.
It is estimated by using income, expenditure, and production in markets.
However GDP does not consider the underground economy.
The underground economy is made up of transactions that are considered illegal or that do not meet up to the reporting requirements of the government.
In effect these are not reported in GDP so GDP is understated.
