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3 years ago

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.

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In the base year the average family spent 25% of its income on Good X, 25% on Good Y, and 50% on Good Z. Over the second year th

sveta [45]

Answer:

none of the above broskie

Explanation:

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3 years ago

Which of the following statements is true of absorption costing? A. It considers variable selling and administrative costs as p

Sonja [21]

Answer:

C. It considers fixed manufacturing overhead cost as product costs.

Explanation:

The statement that is true of absorption costing is that it considers fixed manufacturing overhead cost as product costs.

Absorption costing uses the concept of cost drivers to ascertain the quantum of fixed manufacturing overhead cost a product generates, and ties that fraction to the product as its own cost.

By so doing, what would ordinarily have been periodic costs that will be apportioned among products become fixed costs that are directly traceable to those products.

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3 years ago

Why it’s difficult to find job?

ozzi

Answer:

Depends on where you go

Explanation:

First you gotta make sure the places you apply for are hiring or not. Then you just gotta have expeirerence if You don’t then you gotta work at fast food or something that doesn’t require higher pay then minimum wage.

6 0

3 years ago

Suppose the economy goes from a point on its production possibilities frontier (PPF) to a point below that PPF. Assuming that th

qaws [65]

Answer:

The correct answer is: a new law that interferes with economic efficiency.

Explanation:

A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.

If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.

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3 years ago

A fundamental aspect of _____ is that it effectively conducts global business by providing an individual the right to freedom of

Rus_ich [418]

Answer:

<u>Democracy.</u>

Explanation:

Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.

It can be defined in a broader context as a constitutional, electoral and administrative order, the foundations of which must be established according to a social system. Some fundamentals of democracy are:

Freedom of expression and opinion of the individual.
Freedom of expression and political opinion of the individual.
Equal political rights and favorable opportunities for the people and parties to speak out on decisions of general interest.

5 0

2 years ago