Answer:
True.
Explanation:
Social inequality can be defined as an existence of unequal rewards and opportunities for different social status or classes within a group of people in a society.
Generally, social inequality is peculiar to a society that is grouped based on race, hierarchy of class, religion, culture and gender. A social inequality is characterized by unequal distribution of wealth, punishment, rewards, opportunities and goods or services to the various classes.
There are two main ways to measure social inequality, they are:
1. Inequality of conditions: refers to the unequal distribution of income, wealth, and material goods.
2. Inequality of opportunities: refers to the unequal distribution of life chances across individuals.
For the economy as a whole, macroeconomic equilibrium if the total spending, or aggregate expenditure, equals total production, or GDP: Aggregate Expenditure = GDP.
Macroeconomic equilibrium happens when the quantity of real GDP demanded equals the amount of actual GDP provided at the point of intersection of the ad curve and the AS curve. If the amount of actual GDP provided exceeds the amount demanded, inventories pile up in order that corporations will reduce production and expenses.
Macroeconomic equilibrium is a situation within the economy in which the amount of combination called for equals the quantity of aggregate supply. If there are changes in both aggregate call for or mixture deliver, you can additionally see a trade-in rate, unemployment, and inflation.
The amount of output furnished may be extra than the mixture demand. charges will begin to fall to dispose of the surplus output. As fees fall, the amount of combination demand will increase and the economy returns to equilibrium.
Learn more about macroeconomic equilibrium here: brainly.com/question/1971734
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Answer:
b. $78,500
Explanation:
Assets
Equipment $65,000
Cash $12,000
Supplies $4,500
Prepaid rent <u>$2,000</u>
Total Assets <u>$83,500</u>
Equity and Liabilities
Common stock $68,000
Retained earnings <u>$10,500</u>
Total Equity $78,500
Accounts payable <u>$5,000</u>
Total Equity and Liability <u>$83,500</u>
*<u>Working</u>
Net Profit = Service revenue - Salaries Expenses - Miscellaneous expenses
Net Profit = $30,000 - $4,500 - $20,000 = $5,500
Total retained Earning = $8,000 + $5,500 - $3,000 = $10,500
Answer:
C. discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.
Explanation:
Arguments for adopting a policy rule include;
- discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.
- discretion enables policymakers to change policy settings when an economy undergoes structural changes.
- discretion avoids the straightjacket that would lock in the wrong policy if the model that was used to derive the policy rule proved to be incorrect.
- policy rules can be too rigid because they cannot foresee every contingency.
- policy rules do not easily incorporate the use of judgment.
Answer:
What is the question? You did not ask a question.
Explanation:
All that was said was... Goodwill can be sold by itself to another company. can be purchased and charged directly to stockholders' equity. is only recorded when the purchase of an entire business occurs. may be expensed upon purchase if desired.
