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Tamiku [17]
3 years ago
5

Which economic system has no formal government ​

Business
1 answer:
Tanya [424]3 years ago
7 0

Market economic system

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In an economy, the government wants to increase aggregate demand by $50 billion at each price level to increase real GDP and red
Tems11 [23]

Answer:

(B) $20 billion

Explanation:

Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.

ΔAD = \frac{ΔG}{1 - MPC}

where Δ means <em>change.</em>

<em />

Therefore, given ΔAD of $50 billion, and MPC of 0.6,

ΔAD = \frac{ΔG}{1 - MPC}

= 50 = \frac{ΔG}{1 - 0.6}

= 50 = \frac{ΔG}{0.4}

= ΔG = 50 * 0.4 = 20

Therefore, increase in government purchases = $20 billion.

3 0
3 years ago
Culver Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 108,000 1 94,000 2 63,000 3 73,000
kakasveta [241]

Answer:

Culver Company

Production Budget for 2022:

                                Quarter 1     Quarter 2   Quarter 3  Quarter 4    Total

Unit sales                   108,000      63,000        73,000     118,000    362,000

Ending inventory        12,600        14,600        23,600      18,800        18,800

Total units available 120,600       77,600        96,600    136,800    380,800

Beginning inventory   21,600       12,600         14,600     23,600       21,600

Production units        99,000      65,000        82,000     113,200    359,200

Explanation:

a) Data and Calculations:

 2022                   2023

Quarter Units    Quarter Units

1 108,000             1 94,000

2 63,000

3 73,000

4 118,000

                            Quarter 1     Quarter 2   Quarter 3  Quarter 4   Quarter 1

Unit sales                 108,000    63,000        73,000     118,000       94,000

Beginning inventory 21,600      12,600        14,600      23,600        18,800

Ending inventory      12,600      14,600        23,600      18,800

Production Budget for 2022:

                                Quarter 1     Quarter 2   Quarter 3  Quarter 4    Total

Unit sales                   108,000      63,000        73,000     118,000    362,000

Ending inventory        12,600        14,600        23,600      18,800        18,800

Total units available 120,600       77,600        96,600    136,800    380,800

Beginning inventory   21,600       12,600         14,600     23,600       21,600

Production units        99,000      65,000        82,000     113,200    359,200

6 0
3 years ago
A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capita
Alex17521 [72]

Answer:

True

Explanation:

A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.

7 0
2 years ago
Butler corporation is considering the purchase of new equipment costing $30,000. the projected annual after-tax net income from
yKpoI14uk [10]
Net annual cash flows
1,200+10,000=11,200

Net present value is
PV of annual cash flows-project investment
11,200×2.4018−30,000=(3,100)
4 0
2 years ago
Read 2 more answers
Which of the following terms refers to a practice of allowing the addition of new employees and jobs to existing bargaining unit
Serjik [45]

Answer:

d. accretion

Explanation:

Accretion is the process by which new employees are added to a bargaining unit where they have common interest. It involves the gradual growth of business units. For example when unions transfer workers to a new employer.

Accretion occurs without election and is usually an operation of the law.

It helps preserve industrial stability by filling new jobs without going through an adversarial election process.

5 0
3 years ago
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