Answer:
If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.
Explanation:
hoped this helped
People need to have [Purchasing Power] in the economy to be able so spend money. Purchasing power means having the financial ability to spend money in buying goods and services.
Answer:
$4,713.425
Explanation:
The computation of amount of net pay for the employee for the month of January is shown below:-
Deductions = (Gross earning × Social security tax rate) + (Gross earning × Medicare tax rate) + Federal income taxes + Health insurance + Contribution of retirement plan
= ($5,550 × 6.2%) + ($5,550 × 1.45%) + $184 + $152 + $76
= $344.1 + $80.475 + $184 + $152 + $76
= $836.575
Net pay = Gross earning - Deductions
= $5,550 - $836.575
= $4,713.425
Therefore for computing the net pay we simply applied the above formula.
Answer: A. increase ,demand for, right, demand, Higher
Explanation:
when Demand for beef increases, the demand curve will shift to the right.the right shift will cause prices to increase because more the demand exceeds supply. when demand exceeds Supply there is a shortage in the market as many buyers are chasing fewer goods.
The price will respond to the shortage in the market by increasing. Prices will increases in order to bring the market into equilibrium state. Therefore when demand increases the price in the end will increase to bring the market to equilibrium.
