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Keith_Richards [23]
3 years ago
13

The economy is in long-run equilibrium. Technological change shifts the long-run aggregate supply curve $120 billion to the righ

t. At the same time, government purchases increase by $30 billion. If the MPC equals 0.8 and the crowding-out effects are $30 billion, we would expect that in the long run. (C)
a. real GDP would be higher but the price level would be lower
b. both real GDP and the price level would be lower
c. real GDP would be higher but the price level would be the same
d. both real GDP and the price level would be higher
Business
1 answer:
dolphi86 [110]3 years ago
8 0

Answer:

C. Real GDP would be higher but the price level would be the same

Explanation:

Real gdp would get to be higher as long run aggregate supply goes up. Prices would go down because as long run aggregate supply goes up, aggregate demand does not experience the same proportional increase. As long run aggregate supply goes up, short run aggregate supply falls backwards.

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Which one of the following is not correct? For debt issued at par: interest expense reported on the income statement equals the
coldgirl [10]

Answer:

The answer is For debt issued at a discount; interest expense reported on the income statement equals cash interest less amortization of the discount

Explanation:

Effective interest method is an accounting practice used to discount a bond. This method is used for bonds sold at a discount; the amount of the bond discount is amortized to interest expense over the bond's life. As a book value increases, the amount of interest expense increase.

3 0
2 years ago
The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fi
kipiarov [429]

Answer:

The rate of return in investment = 61.6% per year

Explanation:

The return on an investment is defined as the interest gained on an investment. Ideally, the return amount is supposed to be more than the amount invested, but if the reverse occurs, the rate of return is described as negative return. The Rate of Return on investment is the proportion of the investment amount which is the return on the originally invested amount. It is calculated in percentage as; (profit ÷ invested amount) × 100.

First, we will calculate the profit made on investment.

total landfill area = 44,000 m²

cost per m² = $8

Therefore total cost incurred (investment) = 44,000 × 8 = $352,000

Income

Pickups;

$14 per pickup load. Therefore, 2500 pickup loads

= 2500 × 14 = $35,000

dump-truck;

$25 per dump-truck load. Therefore, 650 dump-truck loads

= 650 × 25 = $16,250

Compactor-trucks;

$70 per compactor-truck load. Therefore, 1200 compactor truck loads

= 1200 × 70 = $84,000

Therefore, Total income = 35,000 + 16,250 + 84,000 = $135,250

Gain/Return on investment = Total investment - total expenditure

= 352,000 - 135,250 = $216,750

Rate of return on investment (%) = (profit ÷ invested amount) × 100.

= (216,750 ÷ 352,000) × 100 = 0.6157 × 100 = 61.6% (to one decimal place)

4 0
2 years ago
_____ occurs when the amount of of capital per worker increases
katrin2010 [14]
<span>Gross domestic product </span>occurs when the amount of of capital per worker increases. The answer is letter A
3 0
3 years ago
Read 2 more answers
Assume Royal Palm Corp., an equipment distributor, sells a piece of machinery with a list price of $800,000 to Arch Inc. Arch In
Alexandra [31]

Answer:

a. $720,000

Explanation:

Since in the question, it is given that the equipment is sold at the list price

The list price is $800,000 and the selling percentage is 90%

So, the revenue should be recorded

= List price × selling percentage

= $800,000 × 90%

= $720,000

Simply we multiplied the list with the selling percentage so that the correct amount can come

3 0
3 years ago
3. Which of the following is not a characteristic of a good citizen?
Elan Coil [88]

Answer:

Owning property

Explanation:

Its the only one that affects solely 1 person rather than benefit the community as a whole

6 0
3 years ago
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