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Pachacha [2.7K]
3 years ago
7

Technical improvements cause production costs to decline, which causes ( demand , supply , income ) to increase and prices to (

increase , decrease , stay the same ) Decreased unemployment causes consumer incomes to ( increase , decrease , stay the same ) , which causes ( demand , supply , prices ) to increase
Business
1 answer:
vichka [17]3 years ago
6 0

Answer:

supply; decrease

increase; demand

Explanation:

If the production costs decline, producers are able to manufacture more products with the same amount of money which means that the supply increases and when the amount of products offered increases, the price tends to decrease.

If the unemployment decreases, more people have jobs and salaries which means that consumer income increases and if people have more money, they are more willing to buy things which causes the demand to increase.

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Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.
OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.

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3 years ago
From a Keynesian perspective, the way out of a recession includes an increase in government spending, a tax cut, or an increase
PIT_PIT [208]

The answer is true.

Keynesian contend that because prices are fairly rigid, changes in any aspect of spending including government, consumer, or investment spending can produce changes in output.

For instance, the output will grow if government expenditure rises while all other spending factors stay the same.

The so-called multiplier effect, which is when output grows by a multiple of the initial shift in spending that created it, is also included in Keynesian models of economic activity.

Therefore, a ten billion dollar increase in government spending might result in a fifteen billion dollar increase in total production (a multiplier of 1.5) or a five billion dollar increase (a multiplier of 0.5).

Hence, from a Keynesian perspective, the way out of a recession includes an increase in government spending, a tax cut, or an increase in transfer payments.

Learn more about Keynesian:

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2 years ago
All Rite Manufacturing reported the​ following:
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I think the answer is c
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ycow [4]

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Explanation:

hope this helps you

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3 years ago
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