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3 years ago

5

If Gross Domestic Product was $17 trillion in 2008 and $16 trillion in 2009. Which of the following actions would Congress be mo

st likely to take?

1 answer:

cestrela7 [59]3 years ago

6 0

Answer:

1 trillion

Explanation:

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According to the long-run Phillips Curve:

Oxana [17]

Answer:

c. fiscal and monetary policies that impact aggregate demand do not impact the natural rate of unemployment.

Explanation:

Short run Philips Curve is downward sloping, due to inverse relationship between unemployment rate & inflation rate. High economic activity implies more inflation rate, less unemployment. Low economic activity implies less inflation rate, more unemployment.

However, the inverse relationship between inflation & unemployment is only in short run & not in long run. In long run, this inflation - unemployment trade off doesn't exist. So, any fiscal or monetary policy affecting aggregate demand & consecutively inflation rate, do not affect the natural rate of unemployment (combination of frictional & structural unemployment rate) in long run.

7 0

3 years ago

Wire rope rigging equipment slings must have the ability to bend without cracking, withstand abrasive wear, and withstand abuse.

horrorfan [7]

Very true, If it weren't to do this, it would defeat its purpose.

4 0

3 years ago

Read 2 more answers

According to the FTC's historical guidelines for mergers, would the FTC approve a merger between two firms that would result in

Alborosie

Answer:

B. Maybe. The FTC would scrutinize the merger and make a case-by-case decision.

Explanation:

If we considered the historical guidelines of FTC for the merger purpose so may be FTC could permit the merger between the two firms that could result in HHI of 1,025 after the merger as the merger represent the moderal level of the concentration in the market area so here FTC should analyzes the merger with cash to cash basis

Therefore the option b is correct

8 0

3 years ago

Magazines and journals are examples of periodical resources. True False

mylen [45]

The answer to your question is true.

8 0

3 years ago

Read 2 more answers

At December 31, 2019, Skysong Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,966

Fittoniya [83]

Answer:

Earnings per share from continuing operations is $3.41 per share.

Earnings per share from discontinued operations is -$0.53 per share.

Explanation:

The earnings per share data can be computed by preparing a partial income statment as follows:

Skysong Corporation

Income Statement (Partial)

As at December 31, 2019

<u>Particulars Amount ($) </u>

<u>Continuing operations</u>

Income from continuing operations before taxes 22,887,900

Taxes on continuing operations (22,887,900 * 35%) <u> (8,010,765) </u>

Income from continuing operations after taxes 14,877,135

Preferred dividends declared <u> (1,089,660) </u>

Income from continuing operations after pref. div. <u> 13,787,475 </u>

<u>Discontinued operations</u>

Discontinued operations (loss before taxes) (3,284,900)

Tax benefit on discontinued oper. (3,284,900 * 35%) <u> 1,149,715 </u>

Discontinued operations (loss after taxes) <u> (2,135,185) </u>

<u>Earnings per share:</u>

Continuing operations (13,787,475 / 4,044,060) 3.41

Discontinued operations (2,135,185 / 4,044,060) (0.53)

5 0

2 years ago