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3 years ago

Multiple choice-- economics

Business

1 answer:

gtnhenbr [62]3 years ago

5 0

Answer:

The effect of increasing the money supply on inflation

Explanation:

Economics can be classified into two (2) categories, namely;

1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.

2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.

Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.

In conclusion, microeconomics focuses on all of the aforementioned statements except the effect of increasing the money supply on inflation because it is a macroeconomic factor.

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3 years ago

If the working-age population ________ and the labor force does not change, the ________.

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E. Increases; unemployment rate will increase

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3 years ago

Proposed by Richard Hackman and Greg Oldham, _________ states that work has five core dimensions that impact employee satisfacti

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3 years ago

In its 2021 income statement, Cohen Corp. reported depreciation of $3,700,000 and interest revenue on municipal obligations of $

ella [17]

Answer:

The correct answer is $300,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the difference in depreciation,

So, difference in depreciation = $5,500,000 - $3,700,000 = $1,800,000

As, Depreciation is for 3 years,

So, depreciation per year = $1,800,000 ÷ 3 = $600,000

Now, we can calculate the deferred income tax liability as follows:

Deferred income tax liability = $600,000 × 20% + $600,000 × 15% + $600,000 × 15%

= $120,000 + $90,000 + $90,000

= $300,000

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3 years ago

Distinguish between planned economy and mixed economy

Maslowich

Answer:

<em><u>Command Economy</u></em>

A command economy is an economic system where the government has control over the production and pricing of goods and services. Sometimes called a planned economy, in a command economy, the government decides which goods and services to produce, the production and distribution method, and the prices of goods and services. The government is the central planner.

The government has control over a command or planned economy.
In mixed economies, the government has some control, while the rest is up to supply and demand.
Command economies are characterized by large surpluses and shortages, monopolies, and prices set by the government.
Mixed economies are characterized by corporate profitability, the use of fiscal and monetary policies to stimulate growth, and the existence of a public and private sector. 《♡♡♡♡》

Explanation:

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2 years ago