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makkiz [27]
3 years ago
14

Which of the following would occur if Congress voted to decrease spending?

Business
1 answer:
True [87]3 years ago
5 0
The answer is  : Price Level would increase

If the Congress voted to decrease spending, the Gross Domestic Product in that country would decrease,

IF GDP increase, the output will decrease which will eventually lead to increase in unemployment and an increase to price level ( the less the products, the higher the price would be)

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ulie works in the production department. Julie's wages are an example of ______ expenses for the production department.Multiple
Mnenie [13.5K]

In a case whereby Julie's wages are an example of direct expenses for the production department.

<h3>What is a Direct Expense? </h3>

Direct expense serves as the  expense which is in the same direction from  changes in the volume of a cost object.

Hence, In a case whereby Julie's wages are an example of direct expenses for the production department.

CHECK THE COMPLETE QUESTION BELOW;

Julie works in the production department. Julie's wages are an example of ______ expenses for the production department.

Multiple choice question.

a. direct expenses

b. Indirect expenses

c.cost expenses

Learn more about the direct expenses at :

brainly.com/question/14279491

#SPJ1

4 0
2 years ago
What characteristics of an organizational structure and culture are best suited to achieving a cost-leadership strategy
S_A_V [24]

An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.

<h3>What is a cost leadership strategy?</h3>

This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.

These type of strategy is best achieved with an informal type of organizational structure & culture.

Read more about cost leadership strategy

<em>brainly.com/question/26891629</em>

4 0
2 years ago
Foreign exchange risk arises when:
ivolga24 [154]

Answer:

Business transactions are denominated in foreign currencies.

Explanation:

Foreign exchange can be referred to as the exchange of one country's currency for another currency. The exchange of these currencies occurs in an exchange market known as forex market.

Foreign exchange risk is a financial risk in which changes in the exchange rate may result in the loss of investment value or huge financial breakdown.

The most effective approach to preventing foreign exchange risks is for organizations to make and receive all forms of payment in their own currency.

6 0
4 years ago
3M Company executives were perplexed when the company's Scotch-Brite floor-cleaning product initially produced lukewarm sales in
Trava [24]

Answer: Custom.

Explanation:

The 3M company modified their product to resemble what is obtainable in the Custom of the Philippines people to enable increased sales. A custom of a people is the way of life or behavior of a people over a long period of time.

3 0
3 years ago
In 1 or 2 sentences, explain how a government pays for expenses that are more than its revenues.
jonny [76]
By taxation or selling government bonds.
5 0
3 years ago
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