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aksik [14]
3 years ago
15

Higher income taxes cause a ____________ shift of the labor supply curve, which then produces __________ Real GDP. a. leftward;

more b. rightward; less c. rightward; more d. leftward; less
Business
1 answer:
TEA [102]3 years ago
5 0

Answer:

Option (d) is correct.

Explanation:

If there is an increase in the income taxes then as a result there is a leftward shift in the labor supply curve and we know that labor supply curve indicates the the amount of labor hours workers devoted towards the production of the goods. Hence, this will lead to a reduction in the real GDP as there will be less working hours devoted by the workers because of the higher income taxes.

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WellWheats, Inc. produces breakfast cereal and sells each box, or unit, for $7. The company is projecting sales of 1,000 units f
Alona [7]

Answer:

Production for March= 1,070 units

Explanation:

Giving the following information:

The company is projecting sales of 1,000 units for March. There are 30 units in the beginning inventory. The company's policy is to keep ending finished goods inventory of 10% of the current month's sales

Sales= 1,000 units

Ending inventory= 100 units

Beginning inventory= 30 units (-)

Production for March= 1,070 units

3 0
3 years ago
If you grill a steak, would it be better to put salt on it before or after you cooked it? explain in terms of osmosis.= .
tatyana61 [14]
Putting salt on the meat before grilling will cause water to flow out of the meat cells due to difference in concentration gradient. And this will make the meat to lose nutrients through the water that is coming out of it. In order to preserve the nutrients in the meat, it is better to salt the meat after grilling.
4 0
3 years ago
An increase in the quantity demanded means that:
siniylev [52]

Answer:

It is caused by a decrease in price

6 0
2 years ago
Which of the following is an integral step in a pay-and-return scheme? A. Establish a shell company. B. Misappropriate the incom
svlad2 [7]

Answer:

Letter b is correct. Misappropriate the incoming check related to returned goods and deposit the check in a bank account other than the company's.

Explanation:

A pay-and-return scheme is a scheme where an employee intentionally defrays a payment amount from a vendor, increasing that expense and reimbursing the excess amount of that payment. It can also be performed on a dual payment scheme to a vendor, and after the employee reports the error to the vendor and gets a check back, he can refund the amount.

4 0
3 years ago
Why do infomercials use both strong and weak arguments? to appeal to both high and low involvement consumers because it is neces
Vesna [10]

Answer:

The correct answer is letter "A": to appeal to both high and low involvement consumers.

Explanation:

Strong arguments are those that provide probable support for an idea. Weak arguments fail to provide support for different matters. Then, when talking about marketing, strong arguments are more likely to engage consumers with a product while weak arguments can attract consumers at low levels but the ideas lack reliability.

Thus,<em> infomercials can make use of both strong and weak arguments at different levels of consumer involvement.</em>

4 0
3 years ago
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