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
pantera1 [17]
3 years ago
14

In the case of a small country, producer surplus Group of answer choices is not changed by tariffs or quotas. increases the same

amount with tariffs and equivalent quotas. increases more with a quota than with an equivalent tariff. increases more with a tariff than with an equivalent quota.
Business
1 answer:
rusak2 [61]3 years ago
4 0

Answer:

increases the same amount with tariffs and equivalent quotas.

Explanation:

In Economics, a surplus refer to the amount by which the quantity supplied of a good exceeds the quantity demanded of the same good.

A producer surplus is the amount by which a buyer is willing to pay for a particular good minus the cost of producing the same good.

On the other hand, a consumer surplus is the amount by which a buyer is willing to pay for a particular good minus the amount the buyer actually pays for it.

In the case of a small country, a producer surplus increases (raises) the same amount (an amount a buyer is willing to pay for a good minus the cost of producing the good) with tariffs and equivalent quotas.

A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.

Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.

You might be interested in
For product costs associated with a particular product to be reported on the income statement: Group of answer choices The produ
m_a_m_a [10]
Inventory is important
3 0
3 years ago
The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some
zubka84 [21]

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy. The given statement is true.

<h3>What is the monetary and fiscal policy?</h3>

Monetary policy exists as a set of actions to control a nation's general money supply and achieve economic growth. Monetary policy strategies contain revising interest rates and changing bank reserve conditions. Monetary policy exists commonly categorized as either expansionary or contractionary.

In economics and political science, the fiscal policy exists as the use of government revenue assemblage and expenditure to control a country's economy. Fiscal policy exists the use of government spending and taxation to influence the economy. Governments typically employ fiscal policy to promote strong and sustainable growth and decrease poverty.

To create an economy more stable, active stabilization policy instruments that mitigate the effect of pessimism and optimism waves stand advocated. The waves of pessimism among consumers and businesses show the fall in aggregate demand. This fall in aggregate demand can be partly or fully offset by raising the money supply because the increase in money supply boosts aggregate demand.

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy.

To learn more about monetary and fiscal policy refer to:

brainly.com/question/14088906

#SPJ4

7 0
2 years ago
. Suppose you bought 100 shares of stock at an initial price of $37 per share. The stock paid a dividend of $0.28 per share duri
PilotLPTM [1.2K]

Answer: $428

Explanation:

From the question, we are informed that one bought 100 shares of stock at an initial price of $37 per share and that the stock paid a dividend of $0.28 per share during the following year, and the share price at the end of the year was $41.

The total dollar return on this investment will be calculated as:

= 100(41 - 37 + 0.28)

= $428

4 0
3 years ago
Lists two things that both increase the money supply?
DENIUS [597]

Answer:

Decrease is taxes

Increase in government spending

Explanation:

Government policies that increases the money supply in an economy is known as expansionary fiscal policy. They are:

1. Decrease is taxes - when government reduces the tax rate, the amount paid as taxes falls and as a result individuals, companies have higher disposable income whuch can be used for consumption or saving. This increases the money supply in the economy.

2. Increase in government spending - if the government increases it's spending on public goods for example, money supply would increase. If the government constructs a road, labour would be employed and paid wages. This payment increases the income of Labour and money supply increases.

Central bank policies that increases money supply are known as expansionary monetary policies. They include:

1. Open market purchase: The central bank purchase securities from the open market to increase money supply.

2. Reduction in reserve requirement ratio : if the reserve requirement ratio is reduced , commercial banks would have more money to give out as loans and this would increase money supply.

6 0
3 years ago
MacHeath Inc. bought 60% of the outstanding common stock of Nomes Inc. in an acquisition that resulted in the recognition of goo
kiruha [24]

Answer:

c) $600,000.

Explanation:

$600,000.00 is the value that will be attributed to land in a consolidated balance sheet at the date of acquisition?

In the acquisition process,  assets and liabilities of the business being bought get evaluated to ascertain their true worth.  Assets such as land, buildings, and machinery undergo valuation. Their market value or fair value is recorded in the books of the acquiring entity as the actual value of the asset at the time of acquisition.

8 0
3 years ago
Other questions:
  • Elkhorn Company purchased merchandise on account from Springhill Company for $42,000, terms 2/10, n/30. Elkhorn returned merchan
    9·1 answer
  • Exporting only after receiving unsolicited foreign inquiries is best described as:________.a. Direct exporting.b. Indirect expor
    14·1 answer
  • On January 1, Boston Enterprises issues bonds that have a $2,200,000 par value, mature in 20 years, and pay 9% interest semiannu
    6·1 answer
  • A manufacturing company is thinking about building a new factory. The factory, if built, will yield the company $300 million in
    14·1 answer
  • A granary allocates the cost of unprocessed wheat to the production of feed, flour, and starch. For the current period, unproces
    11·1 answer
  • Reprise Entertainment, Inc., a U.S. television and movie production company, files a suit against Substantivo TV, Ltd., a Mexica
    15·1 answer
  • RKI Instruments borrowed $4,300,000 from a private equity firm for expansion of its facility for manufacturing carbon monoxide m
    6·1 answer
  • Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? (There may
    6·1 answer
  • A market economy is not based on _____.
    13·2 answers
  • In open economies, A. countries can save only by acquiring foreign wealth. B. investment always refers to the domestic stock mar
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!