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olchik [2.2K]
3 years ago
10

When the government levies a $100 million tax on people's income and puts the $100 million back into the economy in the form of

a spending program, such as new interstate highway construction, the: Group of answer choices
A. tax, then, generates a $100 million decline in real GDP.

B. level of real GDP expands by $100 million.

C. effect on real GDP is uncertain.

D. tax multiplier overpowers the income multiplier, triggering a rollback in real GDP.
Business
1 answer:
Nana76 [90]3 years ago
5 0

Answer and Explanation:

D. tax multiplier overpowers the income multiplier, triggering a rollback in real GDP.

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What is a critical factor in determining whether something gets produced as a public good?
snow_lady [41]

Cost  is a critical factor in determining whether something gets produced as a public good.

<u>Explanation: </u>

In the areas of manufacturing, science, trade and accounting, the expense is the value of money used to create or provide a service and is therefore no longer readily available. The costs can be one of acquisitions in industry, whereby the amount of money paid to buy it is deemed to be an expense.

In this case, the money is the input to obtain the object. The purchase price might be the sum of the cost of production paid from the original manufacturer and other transaction costs borne by the consumer above and beyond the price paid to the seller. The price usually often provides a profit margin on production costs.

Direct costs include consumables, related supplies, selling fees and inventory.

4 0
3 years ago
Orrick Company reported total assets of $4,200,000, total liabilities of $700,000, and total equity of $3,500,000 at the end of
rewona [7]

Answer:

The debt-to-equity ratio of the company is 0.2

Explanation:

The formula to compute the debt to equity ratio is as:

Debt to equity ratio = Debt / Equity

Where

Debt is total liabilities which amounts to $700,000

Equity is total equity which amounts to $3,500,000

Putting the values in the above formula:

= $700,000 / $3,500,000

= 0.2

Debt to equity ratio of the company is 0.2

8 0
3 years ago
Which of the following choices best describes why it is difficult to start a self improvement plan?
kvv77 [185]
C is the correct answer.
4 0
3 years ago
Read 2 more answers
Foyert Corp. requires a minimum $6,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte
tekilochka [14]

Answer:

answer is attached

Explanation:

     

Download xlsx
7 0
3 years ago
Look at the scenario Linear Production Possibility Frontier. What is the maximum number of pairs of socks Largetown can produce?
LenaWriter [7]

Answer:

A) 40

Explanation:

The chart is not very clear, but the information included is:

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If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks

The total number of shirts produced would be 20.

8 0
3 years ago
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