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never [62]
3 years ago
15

An increase in government spending initially and primarily shifts

Business
1 answer:
Ira Lisetskai [31]3 years ago
8 0

Answer:

The correct answer is option a.

Explanation:

The aggregate demand in an economy comprises of consumer spending, government spending, investment expenditure, and net exports.

An increase in any of these components will cause the aggregate demand to increase or decrease.

So when the government spending increases the aggregate demand will increase. This increase in the aggregate demand will cause the aggregate demand curve to shift to the right.

This rightward shift in the aggregate demand curve will cause the price level and equilibrium quantity to increase.

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American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota
Viefleur [7K]

Answer:

B) quota

Explanation:

A quota is a trade constraint imposed by government, which confines a nation's import or export within a certain period, or the amount or monetary value of the products. Nations use quotas to control trading volumes between them and the other nations in global trade. A tariff would put taxation on the Chinese's exports and it doesn't favour them.

4 0
3 years ago
The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invo
emmasim [6.3K]
<span>The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is : </span>debit Purchases $2,750, debit Freight In $125; credit Accounts Payable $2,875

5 0
3 years ago
Social surplus is the​ ____________. A. total value from trade in a markettotal value from trade in a market. B. difference betw
shepuryov [24]

Answer:

The correct answer is letter "A": total value from trade in a market.

Explanation:

Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating <em>social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.</em>

<em />

Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.

4 0
3 years ago
Step 5 in the seven-step decision-making model is _____.
Butoxors [25]

Answer:

Choose among alternatives

Explanation:

8 0
3 years ago
Read 2 more answers
Which of the following is not part of the flow of events in variance analysis?
IgorC [24]

Answer:

e. Working to ensure that all variances are favorable.

Explanation:

the steps in effective management of variance analysis

Identifying questions and their explanations

Preparing standard cost performance reports

Taking corrective and strategic actions

Computing and analyzing variances

So the option is E.

Working to ensure that all variances are favorable.

7 0
3 years ago
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