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
anygoal [31]
3 years ago
11

The neoclassical view holds that long-term expansion of potential GDP due to _______________________ will determine ____________

________.
Business
1 answer:
boyakko [2]3 years ago
4 0

Answer:

1.  economic growth;

2.  the size of the economy

Explanation:

According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.

Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.

Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY

You might be interested in
Which of the following would be most likely to increase your opportunity cost of attending college? a recession in the economy t
kipiarov [429]

Answer:

To start a job today that would permit you to earn about 50 percent more than you expected to make after graduation.

Explanation:

Opportunity cost is the cost of best next option foregone for choosing the current option. Here, the best opportunity foregone is of earning and starting the job today which will allow to earn 50 % more than what can be earned after completing the graduation, as already for graduation fees will be paid, along with further expenses. In that case if dropping graduation and starting a job was this beneficial then it would have been better.

Therefore the following has increased the opportunity cost of pursuing graduation.

to start a job today that would permit you to earn about 50 percent more than you expected to make after graduation

4 0
3 years ago
A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a:
goblinko [34]

A company's plan for the acquisition of long-lived assets, such as buildings and equipment, is commonly called a Capital Budget.

<h3>What is a Capital Budget?</h3>
  • The procedure a company uses to assess potential big projects or investments is called capital budgeting.
  • Before a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the construction of a new plant or a significant investment in a third-party enterprise.
  • It is a means of locating a superior offer for the expansion of the company.
  • A company's bottom line is frequently affected by significant capital decisions, which are frequently tied to capital planning.
  • In capital budgeting, projects that improve a business are chosen. Almost everything, including the acquisition of land or the purchase of fixed assets like a new truck or machinery, can be included in the capital budgeting process.

To learn more about Capital Budget refer to:

brainly.com/question/23719404

#SPJ4

7 0
2 years ago
Prairie, Inc. produces a single product. It has an annual capacity of 10,000 units, but currently uses only 80% of it. Each unit
ivanzaharov [21]

Answer:

Variable cost= $42

Explanation:

Giving the following information:

Each unit is sold for $50

Direct material worth $30

Direct labor worth $5.

Manufacturing overhead cost is $10 per unit of which 70% is variable.

The incremental cost is the variable cost (there is available capacity)

Variable cost= direct material + direct labor + variable manufacturing overhead = 30 + 5 + (10*0.7)= $42

3 0
3 years ago
Is working at hobby lobby as a cashier hard
mojhsa [17]
Working at Hobby Lobby is like working at any other retail store. People ask where things are, you'll probably have to clean once in a awhile but it's fun and looks great on resumes for the future. Also, if you do work there, you probably won't be doing just the register.
6 0
3 years ago
According to Garrett et al. (1975, 1988, 1989), language production proceeds through a series of processes: ______, ______, and
Blizzard [7]

Answer:

According to Garrett et al. (1975, 1988, 1989), language production proceeds through a series of processes: <em><u>conceptualization</u></em><em><u> </u></em>, <em><u>formulation</u></em><em><u> </u></em>, and <em><u>articulation</u></em><em><u> </u></em>.

7 0
3 years ago
Other questions:
  • What type of policy would offer a 40-year old the quickest accumulation of cash value?
    5·1 answer
  • What are the elements of the circular relationship in managing a sales call?
    10·1 answer
  • Write a short paragraph explaining the difference between the fastest growth and largest growth industries from a numerical pers
    11·1 answer
  • An investment-banking firm underwrites a new issue of stocks and bonds by Multiple Choice buying the entire bond or stock issue
    5·1 answer
  • Surveys indicate that over 60% of all employees under the age of 25 are disengaged and unhappy with their jobs. What might accou
    13·1 answer
  • Camille Sikorski was divorced in 2017. She currently provides a home for her 15-year-old daughter Kaly. Kaly lived in Camille’s
    13·1 answer
  • JOURNAL ENTRIES<br>cash withdrawn by the owner for private use Rs. 25000 <br>PLEASE HELP . ​
    14·2 answers
  • common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety
    8·1 answer
  • Confused as heck need help
    5·2 answers
  • Content areathe point of zero profit is called the:________
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!