1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
meriva
2 years ago
15

Suppose that, at a given level of disposable income, consumers decide to save more. Explain what effect this decision will have

on equilibrium income. Also, explain what effect this decision will have on the level of saving once the economy has reached the new equilibrium.
Business
2 answers:
-Dominant- [34]2 years ago
7 0

Answer: decrease ; less saving

Explanation:As people attempt to save more, the result is both a decline in output and unchanged saving. Although people want to save more at a given level of income, their income decreases by an amount such that their saving is unchanged. As people save more at their initial level of income, they decrease their consumption. But this decreased consumption decreases demand, which decreases production. A change in autonomous spending has a different effect on output than the actual change in autonomous spending.

suter [353]2 years ago
4 0

Answer:

decrease ; less saving

Explanation:

You might be interested in
The end goal of the Executive order is to provide what to the patients
dmitriy555 [2]
Death or happiness or even sadness or maybe life or a happy feeling
6 0
2 years ago
Which of the following accounts would not be included in the closing process at year-end?a) Rent expense.b) Additional paid-in c
hammer [34]

Answer:

b) Additional paid-in capital.

Explanation:

Closing process in accounting is a period end activities which involves

the movement or transfer of temporary accounts to permanent accounts.

Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.

This exercise is to prepare temporary accounts for the next period.  since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.

In the question, all are income accounts except additional paid-in capital

3 0
2 years ago
To respond to the structure of its industry, an organization should choose a __________.
Usimov [2.4K]
To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy
8 0
2 years ago
What kind of economy uses a free-enterprise system?
alekssr [168]

Answer:

The U.S. economy is a free enterprise system.

Explanation:

That means that individuals — and not the government — own most of our country's resources.

5 0
2 years ago
Which of the following observations is true?
Strike441 [17]

Answer:

Which of the following observations is true?

d. In the long run, more costs become variable.

Explanation:

The long run is a period of time in which all factors of production and costs are variable.

5 0
3 years ago
Other questions:
  • At the ____ meeting with the project team at the end of the project, the project manager should lead a discussion of what happen
    5·1 answer
  • What determines the price and the quantity produced of most goods? the availability of substitutes for the goods the quality of
    11·2 answers
  • The average do-it-yourself bedroom makeover costs $475 with a standard deviation of $86 (fictional data). tanya redoes her daugh
    15·1 answer
  • What is the nash equilibrium for this​ game?
    14·1 answer
  • Automation of a process activity consists of moving work from the ________ of the symmetrical five-component framework.
    12·1 answer
  • Rise in demand is equal to rise in supply
    11·1 answer
  • Brian, Kirk, and Jim established a partnership with equal capital contributions. However, Kirk provided an additional contributi
    8·1 answer
  • g Swifty Corporation, Inc. can produce 100 units of a component part with the following costs: Direct Materials $19000 Direct La
    6·1 answer
  • Winter Gloves Company had checks outstanding totaling $6,400 on its May bank reconciliation. In June, Winter Gloves Company issu
    8·1 answer
  • Assume the corporate tax view of capital structure. Your unleveraged cost of capital is 13%. Your corporate tax rate is 30%. You
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!