Governments should increase spending in response to economic downturns.
First World War
World War I, also known as the First World War and frequently abbreviated as WWI or WW1, was a significant global battle that lasted from July 28, 1914, to November 11, 1918. It was known as the "Great War" by its contemporaneous participants, who comprised most of Europe, the Russian Empire, the United States, and the Ottoman Empire. Battles were fought throughout Europe, the Middle East, Africa, and some regions of Asia. It was one of the bloodiest wars in history thanks to new technology, including the recent creation of the airplane, trench warfare, and particularly chemical weapons. An estimated 9 million soldiers perished in battle, and an additional 5 million civilians perished through famine, sickness, and military activity.
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Answer:
D) Quantity sold rose while the effect on price is ambiguous.
Explanation:
Two separate things happened here;
- Change in consumer habits have shifted the the demand curve to the right, increasing the quantity demanded at every price level.
- Better technology and lower costs have also shifted the supply curve to the right, increasing the quantity supplied at every price level.
One thing is certain, the quantity demanded and supplied increased, so the total quantity sold definitely increased. The price issue is not certain because you would need additional information about which shift was larger, the shift of the supply curve or the demand curve.
Answer: A. Zero because all the gains offset the losses.
Explanation:
Based on the information given in the question, the net capital gain/loss for the current year will be:
First and foremost, we should note that the net income of $26,000 will not be added to our calculations.
Then, we then add the gain on capital assets from the options a-d given and subtract from the capital loss. This will be:
= $13,000 - ($23,000) + $4,000 + $6,000
= $13000 + $4000 + $6000 - $23000
= $23000 - $23000
= 0
Note that $23000 was subtracted because it was the only loss incurred on the capital asset from the options.
Let x be the original price of an item. For the first case, the employee avails the 25% first then the 10%.
Price: (0.75x)(0.90) = 0.675x
For the second case, the 10% discount is availed first then, the 25%.
Price: (0.90x)(0.75) = 0.675x
Thus, whichever is the case, the price would be the same. The answer is letter D.
Answer:
The answer to your question is B - Changes of economic structure.
