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Lilit [14]
3 years ago
7

The economy’s output, real GDP, has drastically dropped. What are the possible fiscal policy solutions to return the real GDP to

its higher production level? g
Business
1 answer:
Misha Larkins [42]3 years ago
6 0

Answer:

1. decrease taxes

2. increase government spending

Explanation:

GDP stands for Gross Domestic Product. It is a country total produces in terms of services and goods in an fiscal year or financial year.

According to the question, if the real GDP drops, then a fiscal policy to increase the GDP, the Government should decease the taxes as it will motivate the workers and the employees to work more to increase the products.

Also increasing the spending of the Government in the form of subsidies so that output will increase.

Therefore, the possible fiscal solutions to make the real GDP rise to a higher level are  :

1. decrease taxes

2. increase government spending

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Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4
devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0
3 years ago
Best Buy believes that giving employees in the Results Only Work Environment (ROWE) program the freedom to schedule their own wo
NeX [460]

Answer: Option (B)

Explanation:

There are four main functions of a management involved in the Results Only Work Environment program. These are as follow: leading, planning, controlling and organizing. These functions tend to play a vital role in the establishment of an organization, so as they can achieve their objectives and goals. Therefore, we can state that financing is not one of the main functions of a management.

6 0
3 years ago
Savickas Petroleum’s stock has a required return of 12%, and the stock sells for $43 per share. The firm just paid a dividend of
FrozenT [24]

Answer:

correct option is b.  6.78%

Explanation:

given data

required return = 12%

stock sells = $43 per share

dividend = $1.00

expected to grow = 30%

D4 = $1.00 × (1.30)^4 = $2.8561

solution

we get here first present value of dividend for 4 year that is

year        cash flow                   pv(13%)           present value

1                $1.30                        0.8929             $1.16                

2                $1.69                       0.7972              $1.35        

3                $2.20                      0.7118                $1.56  

4                $2.86                      0.6355               $1.82  

so  

present value of dividend for 4 year is = $5.8868

so

price of stock will be

price of stock = present value of dividend + price at year 4

43 = 5.8868 + \frac{2.86 \times (1+x)}{0.12-x}  

solve it we get

x = 6.78%

so correct option is b.  6.78%

3 0
3 years ago
What is the final step for creating a chart in PowerPoint?
Sergio [31]

Answer:

step 1: click instead> Chart

step 2: click th3 chart type and then double click th3 chart you want.

step 3: in th3 worksheet that appears, replace the placeholder data with your own information.

step 4: when you insert a chart, small buttons appear next to the upper right corner.

step 5: when finished, close th3 worksheet

8 0
2 years ago
Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. Monthly overhead is $90,000. What is the
fenix001 [56]

Answer:

$2,900

Explanation:

If we use a cost function, it will be easy to understand. Cost function = (variable cost per unit × quantity) + fixed cost.

Here,

Direct cost per snowmobile = $2,000. It is the variable cost.

Overhead cost = $90,000. It is a fixed cost.

Total snowmobiles = 100 units

Total cost = ($2,000 × 100 snowmobiles) + $90,000

Total cost = $290,000

We know,

Average cost per snowmobile = Total cost ÷ total quantity

Average cost per snowmobile = $290,000 ÷ 100

Average cost per snowmobile = $2,900

7 0
3 years ago
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