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2 years ago

According to keynesianism, as more items are being made, what happens to prices?

Business

2 answers:

kupik [55]2 years ago

5 0

<u>According to keynesianism, as more items are being made, what happens to prices D. the prices stay the same</u>

Explanation:

Keynes advocated that an increased government expenditures and lower taxes can stimulate demand and it can pull the global economy out of the depression.

Keynesians believe that, because prices are somewhat rigid, fluctuations in any component of spending like consumption, investment, or government expenditure will cause the output to change. If government spending increases, for example, and all other spending components remain constant, then output will increase.

<u>According to keynesianism, as more items are being made, what happens to prices D. the prices stay the same</u>

never [62]2 years ago

3 0

<h2>As more items are being made, the price increase</h2>

Explanation:

According to keynesianism, the theory mainly talks about the increasing the economic value.

The economic value gets increased when there are more buyer and seller. So there will be more buyer and seller only if the market is active.

The market will be active if the product is in demand. So hence the productivity of product increases when the demand for that product increases and when the demand increase automatically the price gets increased and thus the economic value gets boosted up.

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Patriot Tools, a company that manufactures industrial tools, incurs higher costs because of its refusal to outsource its manufac

lina2011 [118]

Answer:

The options for this question are the following:

A) economic

B) legal

C) ethical

D) demographic

The correct answer is C) ethical .

Explanation:

Ethical responsibility is the fulfillment of implicit or explicit agreements with respect to what should be the appropriate and respectful conduct in a field or profession. Its purpose is to guarantee the correct performance of those responsible for the actions to be carried out and achieve the well-being of all those involved in said practice.

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3 years ago

Walter Shewhart is listed among the important people of operations management because of his contributions to: A. assembly line

insens350 [35]

Answer:

E. statistical quality control.

Explanation:

Shewhart has contributed his great services towards Quality control through valuable research and its results, lectures and by publishing highly informative books. He also worked as a fellow member in American Statistical Association and International Statistical Institute.

Therefore, Walter Shewhart is listed among the important people of operations management because of his contributions to statistical quality control.

7 0

3 years ago

A ratio of 2:2:1 means:

Klio2033 [76]

There are six parts pdlf 2:21

6 0

3 years ago

Which of the following costs do not vary with the amount of output a firm produces? a. average fixed costs b. fixed costs and av

Harrizon [31]

Answer:

d. fixed costs

Explanation:

The fixed cost is the cost which does not change if there is a change in the level of production i.e if the production level is increased or decreased it the fixed cost would remain the same as it is previous before

Therefore according to the given situation, since the fixed does not vary with the amount of firm output

Hence, option d is correct

4 0

3 years ago

Splish Inc. had pretax financial income of $139,400 in 2020. Included in the computation of that amount is insurance expense of

RoseWind [281]

Answer:

The Journal entry and their narrations is shown below:

Explanation:

The Journal entry is shown below:-

Income tax expenses Dr, $43,140

To income tax payable $40,140

To Deferred tax liability $3,000

(Being Income tax expenses for the year is recorded)

Working Note 1:-

Income as per tax purpose

Pretax financial income $139,400

Add: permanent difference

Disallowed insurance expenses $4,400

Less: Timing difference

Excess depreciation allowed $10,000

Income as per tax purpose $133,800

Working Note 2

Income tax payable

= Income tax rate × Income as per tax purposes

= 30% × $133,800

= $40,140

Working Note 3

Deferred tax liability = Timing difference × Tax rate

= $10,000 × 30%

= $3,000

6 0

3 years ago