Business, 30.12.2019 23:31 markaylarowland8
An economy is experiencing a high rate of inflation. the government wants to reduceconsumption by $36 billion to reduce inflationary pressure. the mpc is .75. by how much should thegovernment raise taxes to achieve its objective? a. $6 billionb. $9 billionc. $12 billiond. $16 billion
Answers: 3
Business, 21.06.2019 19:50
Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.
Answers: 2
Business, 22.06.2019 19:50
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
An economy is experiencing a high rate of inflation. the government wants to reduceconsumption by $3...
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