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Lera25 [3.4K]
3 years ago
15

At which stage of the business cycle would the economy be at when GDP begins to rise and the unemployment rate begins to fall?

Business
1 answer:
Lyrx [107]3 years ago
4 0

Answer: A - peak

Explanation:

Just took the test the other answer is wrong!!!

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According to the classical dichotomy, when the money supply doubles, which of the following also doubles?
masha68 [24]

Answer: Option (C) is correct.

Explanation:

Correct option: The price level and nominal wages.

According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.

A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.

7 0
3 years ago
Thompson Company had $1,000 in office supplies at the beginning of the fiscal year. At the end of the fiscal year, Thompson Comp
Shalnov [3]

Answer: Amount of supplies expense = $700

Explanation:

Given the following :

Amount of supplies at the beginning of the year = $1000

Amount of supplies which remained unused = $300

Amount of supplies expense at the end of the fiscal year = Amount of used supplies

Amount of used supplies = (amount of supplies at beginning - amount of unused supplies)

Amount of used supplies = ($1000 - $300)

Amount of used supplies = $700

Therefore, amount of supplies expense = $700

3 0
3 years ago
One of the most important economic resources is money. <br> a. True <br> b. False
Elenna [48]
Yes one of the most important economic resources is money
4 0
4 years ago
"Problems and Applications Q2
Marysya12 [62]

Answer:

When the Feds sells bond in open market, it INCREASE the money supply.

If the Feds want to decrease the money supply in THE ECONOMY, it can INCREASE the reserve requirements.

When the Feds increases the interest rate it pays on reserve, the money supply will DECREASE.

When Fomc decrease it target for the federal funds rate, the money supply will INCREASE.

When Citibank repays a loan it had previously taken from the Feds, it DECREASES the money supply.

6 0
3 years ago
Is the sole shareholder of a corporation. for the past five years, has reported little or no taxable income as a result?
OleMash [197]

For the past five years, Logan has reported little to no taxable income because he paid Graham a salary of $500,000 a year.

Multiply that result by the number of shares held for each individual shareholder. Complete Appendix K, the form companies must submit to list the amount of income attributable to each shareholder for the tax year.

The gross S Corporation income (or loss) reported in Appendix E is included in the income from rentals, royalties, partnerships, S Corporations, trusts, etc. section of an individual's Form 1040.

S corporation tax rate refers to the federal, state, and local personal income taxes an S corporation must pay. S Corporation owners must pay state and local income taxes ranging from 0% to 13.3% and a maximum federal income tax of 39.6%.

Learn more about shareholder at

brainly.com/question/25686394

#SPJ4

5 0
2 years ago
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