Answer:
$100 billion
Explanation:
Real GDP is currently = $13.55 trillion
Potential real GDP = $14.0 trillion
Gap = $500 billion
Government purchases multiplier = 5.0
Tax multiplier = 4.0
To increase aggregate demand by $500 billion, the required increase in government expenditure is:
= (1 ÷ government purchases multiplier) × change in aggregate demand
= (1 ÷ 5) × $500
= $100 billion
Therefore, the government expenditure need to be increased by $100 billion.
Answer: False.
Explanation:
False.
This indicates that the two goods are substitute goods, not the complementary goods.
In case of complementary goods, the price of one good is inversely related with the demand for other related good. For example, car and petrol; if the price of petrol increases as a result demand for cars decreases.
In case of substitute goods, the price of one good is directly related with the demand for other related good. For example, tea and coffee; if the price of coffee increases as a result demand for tea increases. So, there is a positive relationship between the price of one good and demand for the other good.
Answer:
800 units of product A must be sold for break-even
Explanation:
Given, weighted-average contribution is $100.
Total break-even units = Total fixed cost / Weighted-average contribution
Total break-even units = $400,000 / $100
Total break-even units = 4,000 units
Product A break-even = 4,000 x 20%
Product A break-even = (800 units)
Hence, the correct answer is 800 units.
Answer:
b
Explanation:
bcoz they want to motivate the employees to
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???