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earnstyle [38]
3 years ago
13

Starting from a long run steady state equilibrium, a variety of expansionary fiscal and monetary policies were undertaken. The p

roduction exceeds potential GDP in short run. The resulting:
A. hyper-intense production will be unsustainable in the long run.
B. higher wages will encourage workers to produce more at high prices.
C. lower prices will lead to a lower quantity of demand.
D. downward slope in aggregate supply curve will be short run.​
Business
1 answer:
Bond [772]3 years ago
4 0

Answer:

A

Explanation:

Here, we want to know what happens in the long run if the production exceeds potential GDP in short run.

An expansionary gap cannot persist for a long time, as the economic activity exceeds sustainable levels. In the long run, the output level comes back to potential, though price levels may rise.

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By always do doing what your soupost do without you parent telling you to do it. Hope this helped
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3 years ago
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An employer will do a 50% match on your investment to a 401k retirement plan. If you decide to contribute a monthly amount of $2
PtichkaEL [24]

Answer:

There will be $92,635.42 in the account after 15 years.

Explanation:

Missing question <em>"The interest rate is fixed at 2.05%"</em>

As the employer does a 50% match on the employee’s investment, the monthly contribution to the retirement plan will be = 2 * $220 = $ 440.

The future value (F) of an annuity is given by F = (P/r)[(1+r)n-1]

P is the periodic payment

r is the rate per period

n is the number of periods.

P = 440, r = 2.05/1200 and n = 15*12 = 180.

F = (440*1200/2.05)[ (1+2.05/1200)180 -1]

F = (528000/2.05)*0.359664042

F = 92635.4215493

F = $92635.42

Thus, there will be $92,635.42 in the account after 15 years.

6 0
3 years ago
A taxpayer's most advantageous tax benefit is A) a tax deduction. B) a depletion allowance. C) a tax credit. D) straight-line de
ss7ja [257]

Answer:

D) a tax credit.

Explanation:

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2 years ago
On September 1, Boylan Office Supply had an inventory of 30 calculators at a cost of $18 each. The company uses a perpetual inve
natima [27]

Answer:

Sept 6.   DR Inventory (80 * 20)                                  1,600  

                    CR Accounts Payable                                             $1,600

Sept 9.    DR Inventory                                                    80

                    CR Cash                                                                   80

Sept 10.  DR Accounts Payable                                     63

                    CR Inventory                                                            63

Sept 12.  DR Accounts Receivable (26 * 31)                806

                     CR Sales Revenue                                                806

               DR Cost of Goods Sold  (21 * 26)                 546

                     CR Inventory                                                         546

Sept 14.    DR Sales Returns and Allowances                 31

                     CR Accounts Receivable                                        31

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                      CR Cost of Goods Sold                                         21

Sept. 20    DR Accounts Receivable (30 * 32)             960

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                  DR Cost of Goods Sold (30 * 21)               630

                        CR Inventory                                                        630

3 0
3 years ago
In the film Islam and America: Through the eyes of Imran Khan, which of the following best describes how average Pakistanis resp
aleksley [76]

Answer: c. They criticized or disparaged the IMF.

Explanation:

In the 2001 film, <em>Islam and America: Through the eyes of Imran Khan</em>, it is shown that the average person in Pakistan know what the IMF is and detests them. They criticized and disparaged the IMF with some reasons given being that;

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