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Afina-wow [57]
2 years ago
8

Supply-side policy is designed to a. Move the economy from a point inside the production possibilities curve to a point on the c

urve and shift the aggregate supply curve to the left. b. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the right. c. Shift the production possibilities curve outward and shift the aggregate supply curve to the left. d. Shift the production possibilities curve outward and shift the long-run aggregate supply curve to the right.
Business
1 answer:
Lera25 [3.4K]2 years ago
5 0

Answer:

c. Shift the production possibilities curve outward and shift the aggregate supply curve to the left.

Explanation:

A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.

This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.

Generally, supply-side economist are of the opinion that one of the best way to grow a country's economy is by introducing tax cuts so as to increase the incentive for households to work and invest.

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 supply states that the higher the price of goods and services, the lower the supply.

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.

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.

The production possibilities curve (PPC) is also known as the production possibilities frontier (PPF) and its a curve which illustrates the maximum (best) combinations of two products that can be produce in an economy if they both depend on these factors;

1. Technology is fixed.

2. Resources are fixed.

Hence, a supply-side policy is designed to shift the production possibilities curve outward and shift the aggregate supply curve to the left.

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Does a rising GDP benefit everyone? Explain
Nastasia [14]

Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.

Explanation:

3 0
3 years ago
On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the
bezimeni [28]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

Annual cash outflow - (295,000)

Net cash inflow= 105,000

Net cash flow for 8 years = 105000*8 = 840000

Since the net cash inflow is less than the carrying value , there is an impairment.

PV value of the net cash inflow at 12% discount for 8 years = 521,602

Impairment loss = $375,198    

At December 21.2019

2.) Debit impairment loss - $375,198

Credit equipment - $375,198        

               

4 0
3 years ago
You are planning to save for retirement over the next 30 years. To do this, you will invest $750 per month in a stock account an
Alex

Answer:

The withdrawals will be of  $ 11,379.014 per month

Explanation:

Future value of the annuities:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C         750.00

time 360(30 years x 12 monhs per year)

rate 0.008333333 (10% / 12 months)

750 \times \frac{1-(1+0.00833)^{-360} }{0.008333} = PV\\

PV $1,695,365.9436

C \times \frac{(1+r)^{time} -1}{rate} = PV\\

C         250.00

time 360 (30 years x 12 monhs per year)

rate             0.005 (6% / 12 months)

250 \times \frac{(1+0.005)^{360} -1}{0.005} = PV\\

PV $251,128.7606

Total 1,695,365.84 + 251,128.76 = 1.946.494,6‬

and from here we withdraw for 25 years:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 1,946,495

time 300 (25 years x 12 months)

rate 0.004166667 (5% / 12 months)

1946494.6 \div \frac{1-(1+0.004167)^{-300} }{0.004167} = C\\

C  $ 11,379.014

6 0
3 years ago
select 3 goals or objectives that a leadership plan might include to achieve a solid business strategy.
Nezavi [6.7K]

In order to achieve solid business strategy in the leadership plan, the three goals the leadership plan includes are attracting new customers, increasing revenue, and decreasing cost price.

The three main goals in order to achieve solid business strategy in the leadership plan are targeting and attracting new customers, decreasing the cost price of goods or services being offered, and increasing the revenue.

The detail of these goals is given below:

  1. Attracting new customers is considered an important leadership goal as it increases market share and promotes competition with other brands. New customers are important in terms of sales. It is needed for a business to grow.
  2. Increasing revenue It is considered an important leadership goal because the basic purpose of every business is to earn profit. More growth means more profit. If an organization will be able to increase its revenue it will be able to maximize its profit.
  3. Decreasing cost price It is considered an important leadership objective because if the sale remains same then the company will earn more profit. The cost is linked directly with profitability. More profit means more growth of the company.

Therefore attracting new customers, increasing sales of product and services offered and decreasing cost are considered three goals that a leadership plan must include to achieve business strategy.

You can learn more about business strategy at

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3 0
1 year ago
Will the business be legal and not against any existing or foreseeable government regulation
bagirrra123 [75]

Answer:

A business will only be legal and not against any existing or foreseeable government regulation if there are documents proving that the business is legally registered, with the type of business and other details fully disclosed by the promoters during the formation and documentation stages.

Explanation:

The main document for incorporating a company in the United States is the Articles of Incorporation.  The document specifies  the primary purpose of the business, its location ( and state of incorporation), and the shareholdings.

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