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
Marta_Voda [28]
3 years ago
9

At the equilibrium level of income in the Keynesian model, which of the following statements is nottrue?

Business
1 answer:
ZanzabumX [31]3 years ago
7 0

Answer:

c. There are more unemployed resources.

Explanation:

Equilibrium level of income is the level of income where aggregate supply in the economy is consistent with aggregate demand. that is the level of income planned savings is equal to planned expenditure. the equation can be written as S = I. where S = savings and I = investments

At equilibrium income level, aggregate expenditure is equal to aggregate output. The equilibrium equation can be written as Y = C+I+G+X-M where

Y = national income, I = investment expenditure of the firm, G = government expenditure on goods and services, X = export, M = import.

You might be interested in
The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on th
nlexa [21]

Answer:

yes

Explanation:

5 0
3 years ago
Read 2 more answers
Sandy wants to go on a trip in 10 years. If she invests $1,000 per year at the end of each year for 10 years at a 12% interest r
atroni [7]

Answer:

$17,549

Explanation:

Data given in the question

Number of years = 10

Invested amount = $1,000 per year

Rate of interest = 12%

So by considering the above information, the accumulated amount is

= Invested amount × future value of an annuity for 12% at 10 years

= $1,000 × 17.549

= $17,549

Refer to the Future value of an annuity table

In order to find out the accumulated amount we simply multiplied the invested amount with the factor

5 0
3 years ago
The 2015 American Time Use survey contains data on how many minutes of sleep per night each of 10,900 survey participants estima
steposvetlana [31]

The population is the 10,900 respondents to the American Time Use Survey.

Explanation & Solution:

Statistics indicate that a large number of findings with similar features are related to in the population.

A sample is a subset from which it has been extracted.

"The American Time Usage survey for 2015 provides details about how many minutes of sleep every evening are assigned to each of 10,900 survey respondents.

An SRS of 100 participants (a plain random sample) has x = 514.4 minutes on average.

The size of the U.S. Time Utilization Survey is 10,900.

7 0
3 years ago
Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumpti
Aleonysh [2.5K]

Answer:

The government policy should have reduced beer consumption by 0.6 or 60%

Explanation:

Mid point formula calculates the ratio of mid point of change in demand and change in price to their average value. Then these changes are used in the calculations of elasticity of demand.

According to given data:

Elasticity of demand = 0.9

Midpoint of price  = (20-10) / [(20+10)/2] = 10 / 15 = 0.6667

Elasticity of Demand = Midpoint of demand / Midpoint of price

0.9 = Midpoint of demand / 0.6667

Midpoint of price = 0.9 x 0.6667 = 0.6

Change in demand is should reduce the consumption by 0.6 or 60%.

4 0
3 years ago
Read 2 more answers
What do the underlying values in your mission statement tell you?
wariber [46]
A should be your answer
7 0
3 years ago
Read 2 more answers
Other questions:
  • Beloit Co. is a manufacturer of mini-doughnut machine makers. Early in 2015 a customer asked Beloit to quote a price for a custo
    12·1 answer
  • A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean
    11·1 answer
  • A sequence of frames or panels that depict a tv commercial in still form is called a(n) _____.
    14·1 answer
  • Evaluate the product offerings at REI. Select a product category and review the product line at REI, then select a similar compe
    7·1 answer
  • Mr. and Mrs. Anderson own three shares of Magic Tricks Corporation's common stock. The market value of the stock is $60. The And
    12·1 answer
  • There are fundamentally two possible changes in an economy that will each cause inflation unless other compensating changes also
    13·1 answer
  • What is the repetition of patterns across a building design.
    10·1 answer
  • The Japan-based multinational Sony engaged in _________ when it partnered with Shanghai Oriental Pearl Group. Together, the two
    9·1 answer
  • If income increases by 10% and, in response, the quantity of housing demanded increases by 7%, then the income elasticity of dem
    5·1 answer
  • the commercial banking system borrows from the federal reserve banks. as a result, the checkable deposits
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!