Are there answer options?
if you tell me I might be able to answer your question :D
Answer:
D. Return to the original output and price level.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.
An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.
Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented. Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as aggregate demand (AD), aggregate supply (AS), inflation, and employment within a country.
Answer:
Dave Brown's FICA-OASDI tax for the week is $415.40; and his FICA-Medicare tax for the week is $97.15.
Explanation:
The following are given in the question:
Cumulative earnings = $90,000
Gross pay for the week = $6,700
FICA-OASDI tax rate = 6.2%
FICA-Medicare tax rate = 1.45%
Therefore, we have:
FICA-OASDI tax for the week = Gross pay for the week * FICA-OASDI tax rate = $6,700 * 6.2% = $415.40
FICA-Medicare tax for the week = Gross pay for the week * FICA-Medicare tax rate = $6,700 * 1.45% = $97.15
Therefore, Dave Brown's FICA-OASDI tax for the week is $415.40; and his FICA-Medicare tax for the week is $97.15.
Note:
The full meaning of FICA is Federal Insurance Contributions Act, and the full meaning of OASDI is Old Age Survivor and Disability Insurance.
The steps in the planning process of an organization include:
- A. Formulating strategies to achieve the goals.
- B. Determining the organization's mission and goals.
- D. Selecting the most effective way to implement the organizational strategy.
<h3>What is planning?</h3>
Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.
Planning usually takes place at three levels of the organization, including:
- Functional
- Business
- Corporate levels.
Thus, the steps in the planning process of an organization include Options A, B, and D.
Learn more about the planning function at brainly.com/question/3504046
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Answer:
The answer is: Gintzler will win because consideration existed between both parties.
Explanation:
Consideration in a contract means: the benefit each party gets (or expects) from the contract deal. Every valid contract needs consideration. For example: McDonald's receives your money and you get a Happy Meal.
In order for consideration to "exist" in a contract, the parties involved must make a change in their "position": McDonald's earns a profit and gets richer, and you are not hungry anymore.
Consideration usually comes from:
- a promise to do something (that you are not legally obligated to do), or
- a promise not to do something that you would have the right to do (in this case not filing a lawsuit)