Answer:
The economic policy action that changes the production demand and possible gross domestic product is named the availability aspect impact of the fiscal policy. This happens as a result of government provides public smart and services which offer work incentive and therefore the taxation variations the work inducement. However the availability aspect impact has serious restrictions. The taxation drives the wedge among the interest paid by the receiver and acknowledged by the investor. This extremely changes the funds and investment within the economy. This disturbs the capital development within the economy. The slower rate of investment formation reductions the economic process of the economy.
On the opposite hand taxation lowers the inducement to figure and therefore the provider of labor decreases at every level of wage rate. This reductions the potential gross domestic product and increase indicator within the economy. This can be shown within the figure 1.1.
In The figure 1.1 offers the marketplace state of affairs within the economy. Here Ld is that the labor demand curve and Ls is the initial labor provide curve. The preliminary wage rate was Wand labor hours utilized was L. The tax on wage financial gain lowers the inducement to work and moves the Ls curve left to Ls+tax. The new equilibrium happens on the left of the preliminary equilibrium. That’s the quantity of labor utilized within the economy decreases, because the amount of labor utilized decreases the wage rate raises by the quantity of tax.
The potential gross domestic product that is given by the equity between labor demands and provide or economic condition is given within the figure 2.2, wherever we tend to show the assembly perform of the economy. The assembly perform offers the link between labor hours utilized and real gross domestic product. Here, the initial potential gross domestic product at economic condition was Y with labor hours utilized L. because the tax decreases the inducement to figure the labor provide curve shifts and a brand new economic condition achieved with less quantity of labor hour utilized the potential gross domestic product fall to 111. At L labor hour utilized the important gross domestic product was Y and once tax as labor hours fall to L1 the real GDP decreases to
Now as there's invariably economic condition within the economy the important gross domestic product here are the potential GDP. Therefore we tend to see that a rise in charge per unit will increase the wage rate and reduces potential GDP
Answer:
c. $25,000
Explanation:
Calculation to determine At the end of the year, the company's equity totaled:
First step is to calculate the Net income using this formula
Net income= Revenues- Expense
Let plug in the formula
Net income= 35000-23000
Net income=12000
Second step is to calculate Net income added to capital using this formula
Net income added to capital = Net income-Cash dividend
Let plug in the formula
Net income added to capital=12000-2000
Net income added to capital=10000
Now let determine the Ending company total equity using this formula
Ending company total equity= Opening invested capital + Net income added to capital
Let plug in the formula
Ending company total equity=15000+10000
Ending company total equity=$25000
Therefore At the end of the year, the company's equity totaled:$25,000
Purchase ledger.
The purchase ledger contains the individual accounts of suppliers from whom the business has made a purchase on credit.
Answer:
b. Creamy Inc.
Explanation:
From the question we are informed about Berry Good LLC which registers its trademark with the U.S. Patent and Trademark office and uses it to market a distinctive line of ice cream products. Creamy Inc. uses the mark without Berry's consent to sell imitation frozen desserts. Berry has a cause of action against Creamy Inc. What happen here was a Trademark infringement on Creamy Inc part. Infringement can be regarded as violation of exclusive rights that is associated with someone trademark. This as a result of not taken authorization from the owner of the Trade mark who has the licensees
Answer: The supply of beef would increase, decreasing beef prices.
Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.