Answer:
Increase and remain the same respectively
Explanation:
Given the above information, we know that current ratio is computed as;
Current ratio = Current assets ÷ Current liabilities
Current ratio = $60,000 ÷ $34,000
Current ratio = 1: 1.76
Working capital is computed as;
= Current asset - Current liabilities
= $60,000 - $34,000
= $26,000
As a result of the above, the current ratio increased because of the reduction in the current liabilities value while the working capital remains the same.
Answer: c. increase the discount rate.
Explanation:
The discount rate of a country is the rate at which the central bank in that country loans money out to the financial institutions.
When this rate is low, more financial institutions will borrow money as opposed to when it is high. Banks borrowing money increases the money supply in the economy so if the Federal Reserve wants to reduce money supply, it should increase the discount rate which would dissuade banks from borrowing from the Fed thereby limiting money supply.
The following would happen
- Aggregate income would increase for households. They would have a rise in output.
<h3> taxes on households are decreased</h3>
When the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
<h3> taxes paid by firms are decreased</h3>
The cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
<h3>the value of the national currency, the snezhankan lev, declines in the international currency market?</h3>
If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
<h3> a revolutionary new machine, the apparat, increases worker productivity</h3>
An increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
Read more on aggregate demand and aggregate supply here:
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Answer:The goal of a command economy is to create equality within a society. A central government makes all economic decisions in the command economy. A command economy denies the customs that guide a traditional economy. It determines what goods should be produced and how much should be the price.
Explanation:
