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2 years ago

Describe how consumers demand affects the economy

Business

1 answer:

dexar [7]2 years ago

7 0

Answer:

Consumers help determine what goods and services will be produced through their purchasing decisions. I think :)

Explanation:

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A supplier has contracted to deliver halloween costumes to a party supply store by october 15th. however, due to a natural disas

olga nikolaevna [1]

I think you would have to do math to find the answer\

3 0

3 years ago

Assuming no change in government spending, an decrease in taxes of $80 billion with an mpc of 0.50 will add a total of $________

Scilla [17]

Assuming no change in government spending, a decrease in taxes of $80 billion with an mpc of 0.50 will add a total of $<u> 400 </u>billion to the economy after the multiplier effect.

The economy is defined as the management of financial matters in communities, businesses, or families. An example of an economy is the US stock exchange system.

A standard definition of the economy might describe economics as a social science focused on meeting needs and desires through the allocation of scarce resources with alternative uses. Going further, we can say that economy is the study of scarcity and choice. The economy is defined as the management of financial matters in communities, businesses, or families. An example of an economy is the US stock exchange system.

Learn more about the economy here: brainly.com/question/1106682

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4 0

1 year ago

Which is not an inefficiency caused by binding price ceilings? illegal activity inefficient allocation to consumers wasted resou

stiv31 [10]

Answer: inefficient allocation of sales among sellers

Explanation:

A binding price ceiling is one in which the government imposes a legal minimum price that can be charged for a good, when the equilibrium price is below it. The ceiling creates a shortage in the market which leads to illegal activities, wasted resources and inefficient allocation to consumers.

However, it does not lead to inefficient allocation of sales among sellers.

4 0

3 years ago

- What is the conventional wisdom when it comes to what good debt is vs. bad debt?

Ede4ka [16]

good debt is for buying assets : things that will be worth more in the future

bad debt is for buying liabilities : things that will be worth less in the future

6 0

2 years ago

Read 2 more answers

Indicate whether the following actions would increase, decrease, or not affect Indigo Inc.'s total assets, liabilities, and stoc

Elenna [48]

Explanation:

The effects are as follows:

a. In the first option, there is No effect in any item of the financial statements

b. In the second option, there is No effect in any item of the financial statements

c. In the third option, there is No effect in any item of the financial statements

d. No impact on the assets but it increases the liabilities side and decreases the stockholder equity

The journal entry is shown below:

Retained earning A/c Dr XXXXX

To Dividend payable A/c XXXXX

(Being cash dividend declared)

When the dividend is declared, the dividend amount should be subtracted from the retained earning account.

And, since the dividend is declared that increases the balance of dividend

In addition, the dividend payable and the retained earning account have a credit balance. The increase in dividend payable account would have credit balance whereas the decrease in retained earning account has a debit balance.

e. Paying the cash dividend declared in (d)

The journal entry is shown below:

Dividend payable A/c XXXXX

To Cash A/c XXXXX

(Being the cash dividend is paid)

Since it reduces the liabilities and the asset side also but it does not have any impact on the stockholder equity

7 0

3 years ago