<span>The father of modern Russia taxed wearers of these in 1705. Only orthodox clergy were exempt from the tax. what was being taxed?
Their BEARD was being taxed.
Peter the Great wanted to follow European men in not wearing beards in order to "modernize" Russia. He imposed taxes on Russian men who opted to keep their beards rather than be clean shaven. </span>
Answer:
It is the fluctuations of GDP around the potential output
Explanation:
Business cycle refers to the fluctuations of Gross Domestic Product around the potential output. It refers to the expansion and contraction of GDP around its potential output or its long term natural growth rate
In an boom, GDP is above the potential output and in a contraction, GDP is below the potential output
There are 4 stages of business cycle
1. Expansion - At this stage unemployment is low and economic indicators are positive. Money velocity is also high
2. Peak - this is the highest point of economic expansion. The economy cannot grow beyond this point. From this point, the GDP starts to decline
3. Recession : It is the stage after a peak. The positive economic indicators start to decline
4. Depression
Trough - growth rate becomes negative
6. recovery : the economy begins to expand again
Answer:
The answer is:
. Owner's Capital
2. Prepaid Insurance
3. Unearned Revenue
4. Accumulated Depreciation
5. Land
6. Accounts Payable
Explanation:
Balance sheet also known financial position of a business contains asset, liability and equity.
The following accounts(from the question) will be found in the balance sheet.
1. Owner's Capital( Found under Equity)
2. Prepaid Insurance( under asset)
3. Unearned Revenue(under liability)
4. Accumulated Depreciation(under asset)
5. Land(under asset)
6. Accounts Payable(under liability)
Answer:
The inventories will <u>decrease </u>and output will <u>increase</u>
Explanation:
Note: The organized question is as attached
Real GDP is 192 billion
They consumes (100 - 22) = 78% of income.
Therefore, the consumption is 78% of 192 billion = 149.76 billion
The Investment is fixed at 67 billion
. This implies that aggregate expenditure (AE = C + I) = 149.76 billion + 67 billion = 216.76 billion
Since Aggregate expenditure(AE) is greater than Real GDP (Y), It is likely that the inventories will decrease and the firms will produce more so that output will increase.
From 2009 to 2010, the nominal gross domestic product (GDP) in the United States increased by 3.8%. Does this mean that the U.S. economy grew during that time period No, because that number ignores changes in prices and population growth
Gross home product (GDP) is the usual measure of the value brought created through the manufacturing of goods and services in a country at some stage in a positive length. As such, it also measures the income earned from that production or the total amount spent on final items and services (fewer imports). whilst GDP is the unmarried most important indicator to capture financial interest, it falls quickly of imparting an appropriate measure of humans’ fabric properly being for which alternative indicators may be more suitable.
This indicator is based totally on nominal GDP (additionally called GDP at contemporary costs or GDP in fee) and is available in distinct measures: US greenbacks and US greenbacks in keeping with capita (cutting-edge PPPs). All OECD countries bring together their records in line with the 2008 machine of national debts (SNA). This indicator is less ideal for comparisons over the years, as traits are not only due to actual growth but additionally by modifications in fees and PPPs.
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