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
Rainbow [258]
3 years ago
8

The cyclical surplus is $450 billion, potential output is $10 trillion and tax rate is 15 percent. With this information, we can

infer that the actual output of this economy is:________.
Business
1 answer:
Nitella [24]3 years ago
4 0

Answer:

$13 trillion.

Explanation:

The actual output of economy can be calculated using the following mentioned formula:

Cyclical deficit=tax rate in question(potential output - actual output)

-$450 billion=0.15($10 trillion-actual output)

-$450 billion=$1.5 trillion-0.15*actual output

0.15*actual output=$1.5 trillion+$450 billion

0.15*actual output=$1.95 trillion

Actual output=$13 trillion.

You might be interested in
Performance Gloves, Inc. produces three sizes of sports gloves: small, medium and large.
lapo4ka [179]

Answer:

A.Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

B.Small glove 8.52

Medium glove 10.65

Large glove 12.78

Explanation:

a) Calculation to Determine the two production department factory overhead rates.

Pattern Department = 165,200/2,900

= 56.9 Approximately 57 per DLH

Cut and Sew Department = 273,000/3,500

= 78 per DLH

Therefore two production department factory overhead rates will be :

Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

b) Calculation of the factory overhead cost per unit

Small glove (57*.04+78*.08)=8.52

Medium glove (57*.05+78*.10)=10.65

Large glove (57*.06+78*.12)=12.78

Therefore the factory overhead per unit for each product will be: Small glove 8.52

Medium glove 10.65

Large glove 12.78

7 0
3 years ago
Which term describes the art of manipulating people so that they break normal security procedures allowing the release of confid
lisov135 [29]
The term is SOCIAL ENGINEERING.
Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
8 0
3 years ago
Read 2 more answers
_______ is a type of a multinational corporation that centralizes its management and other decisions in the home country.
liq [111]

Answer: Global Company

Explanation:

<u>A Global Company</u> is a type of multinational corporation that centralizes its management and other decisions in the home country.

None of these answers are correct. However, I will assume you accidentally wrote "global economy" instead of "global company" because global company is actually the answer.

7 0
1 year ago
Suppose that smoking creates a negative externality. If the government does not interfere in the cigarette market, then a. the e
Alexxx [7]

Answer:

b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Explanation:

A negative externality occurs when the costs of economic activities to third parties not involved in economic activities are greater than the benefits.

Negative externality are usually overproduced in the economy. so, the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

5 0
3 years ago
Armstrong Corporation manufactures bicycle parts. The company currently has a $18,500 inventory of parts that have become obsole
MaRussiya [10]

Explanation:

There are two alternatives

1. Sold for $6,300

The inventory parts should be sold for $6,300 as the current inventory parts are not relevant as it is a sunk cost i.e $18,500

2. Repair and after that sale it

Now in this case, we have to determine the benefit generated i.e come from

= Sale value - repairing cost

= $19,700 - $9,100

= $10,600

As we can see that the alternative 2 generated higher benefit as compare to the alternative 1 so it would be more beneficial for the company

3 0
3 years ago
Other questions:
  • Two portfolio managers use different procedures to estimate alpha. one uses a single index model regression, the other the fama-
    13·1 answer
  • The HR department at Tremont Communications oversees the recruitment and training of employees at the firm. As the firm grows an
    7·2 answers
  • The graph shows a point of equilibrium. A graph has Quantity supplied on the x-axis and price in dollars on the y-axis. A line t
    9·2 answers
  • Acute Company manufactures a single product. On December 31, 2014, it adopted the dollar-value LIFO inventory method. The invent
    6·1 answer
  • Which entrepreneur had a significant impact on the cosmetics industry?
    6·1 answer
  • Expenditures that add to the utility of fixed assets for more than one accounting period are
    12·1 answer
  • Which of the statements below is FALSE?
    15·1 answer
  • On January 1, 2021, for $17.9 million, Seashells Company issued 8% bonds, dated January 1, 2021, with a face amount of $19.9 mil
    10·1 answer
  • Question 3
    6·1 answer
  • why might investors prefer stock dividends over cash dividends? a.) if they are seeking flexibility b.) if they are seeking a pr
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!