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3 years ago

Need some help with the 5,6 and 7 please. Thank you for your time :)

Business

1 answer:

Genrish500 [490]3 years ago

8 0

Answer:

5. yes country x is 3 times better off than country y.

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lindsay took out a(n) to purchase her new home she use in the form of the property to back the leon lindsay also paid money in a

Afina-wow [57]

Answer: Lindsay took out a Loan to purchase her new home. Lindsay also paid money in advance this is known as a down payment. If Lindsay dose not make her loan payment on time the bank will most likely foreclose.

6 0

3 years ago

Read 2 more answers

If real GDP is $200 billion, full employment GDP is $500 billion, and the marginal propensity to consume is 0.75, then Congress

Anuta_ua [19.1K]

Answer:

The answer is: decrease taxes by $100 billion.

Explanation:

If the real GD is $200 billion, which represents only 40% of full employment GDP, then the government should try to increase consumer spending either by decreasing taxes or increasing government spending, or a combination of both.

In this case, I chose the tax decrease since government have budget limitations and they can only decrease taxes by so much before hitting a deficit. Additionally, when you have a large tax reduction, usually government spending either stays the same or decreases.

If the government decreases taxes by $100 billion, the marginal propensity to consume shall result in a $75 billion increase in consumption. According to the Keynesian Multiplier theory, that $75 billion should generate additional production, creating a virtuous cycle that should increase the real GDP in a larger proportion.

3 0

3 years ago

Which type of power production produces the least amount of greenhouse gases?

weeeeeb [17]

I think the answer is Nuclear

5 0

3 years ago

With respect to how economists study the economy, which of the following statements is most accurate?a. Economists study the pas

NARA [144]

Answer:

c. Economists devise theories, collect data, and analyze the data to test the theories

Explanation:

Economists use past data to predict the future.

They make use of sound economic theory instead of rule of thumb to predict the future.

I hope my answer helps you

4 0

3 years ago

Independent of your answer to requirement (1), assume the company plans to produce 620,000 units of finished product in the thre

exis [7]

Answer:

Purchases= 1,595,000 pounds

Explanation:

<u>Giving the following information: </u>

Production= 620,000 units

Beginning raw materials inventory= 730,000 pounds

Desired ending inventory= 25% of the three months requirement.

Each unit requires 3 pounds of raw material.

<u>To calculate the purchases required, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= (620,000*3) + (620,000*3)*0.25 - 730,000

Purchases= 1,595,000 pounds

6 0

2 years ago