1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Choose TWO of the responses that describe disadvantages of Roth IRAS
insens350 [35]

Answer:

You pay taxes upfront

the maximum contribution is low

Explanation:

UTP quiz

6 0
3 years ago
According to economists Alchian and Demsetz, firms are formed when
ycow [4]

Answer:A

Explanation:This question is self explanatory,Alchian and Demsetz are of the options that firms involves a group of people coming to produce goods which brings about greater output than that of individuals .Their focus was mainly on team production in analysing the theory of firms rather than output per individual

3 0
3 years ago
Read 2 more answers
An investor buys 400 shares of stock in a fund when the net asset value is $23.79 and the offer price is $23.89. The investor
Airida [17]

Answer:

I believe the best answer would be A. $10,580

Explanation:

400 x 23.89 = $9,556. 400 x 50.34 = $20,136

$20,136 - $9,556 = $10,580

8 0
3 years ago
What is new and innovating about this design/chopping board?
gulaghasi [49]
This chopping board is new and innovative in design and practicality. the classic light wood chopping board look has been reimagined by adding the dark accent stripes breaking up the look. the practicality comes with the handle which has been conveniently placed so the chopping board is easy to move and store. (i hope this helps)
7 0
3 years ago
Bob's Custom Millwork is a business that provides custom cabinetry and furniture for both businesses and individual consumers. B
raketka [301]

Answer:

The correct answer to the following question is that the marketing strategy used by Bob's custom millwork is pull strategy.

Explanation:

A pull marketing strategy ( also know as pull promotional strategy ) can be defined as that strategy where a company tries to increase the demand of its products and services and and pull (draw) the consumers towards their products. The main objective of this strategy is to make people or consumer want or seek for your particular product. This strategy can be used independently ( on its own ) or this can be used with push marketing strategy. From the given case of Bob's custom millwork it is quite clear that pull marketing strategy is being used here.

5 0
3 years ago
Other questions:
  • QUICKEST AND BEST ANSWER GETS A FOLLOW AND BRAINLIEST
    15·1 answer
  • An investment offers a total return of 18 percent over the coming year. Janice Yellen thinks the total real return on this inves
    15·1 answer
  • The operational design of an illicit drug business can be divided into four stages of production and distribution: cultivation,
    8·1 answer
  • If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,
    5·1 answer
  • A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2021. Accounting records on that date indicated the following:
    13·1 answer
  • According to PMI, a project is __________. a. a performance or time target for each major group of activities in a project b. a
    9·1 answer
  • What branches or specializations concentrate their efforts and work on business, work and life satisfaction in psychology ?
    7·1 answer
  • A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to1. Retained
    7·1 answer
  • One of the most important issues for Mr. Reuben to address beyond the desires of the employees for particular types of benefits
    9·1 answer
  • question content area if $354,000 of 10% bonds are issued at 95, the amount of cash received from the sale is
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!