Business, 06.05.2020 06:00 emmaishere69
Suppose that Congress and the president decide that economic performance is weakening and that the government should? "do something" about the situation. They make no tax changes but do enact new laws increasing government spending on a variety of programs.
Prior to the congressional and presidential? actions, careful studies by government economists indicated that the direct multiplier effect of a rise in government expenditures on equilibrium real GDP is equal to 6. In the 12 months since the increase in government? spending, however, it has become clear that the actual ultimate effect on real GDP will be less than half of that amount.
This could have happened because of all the following except
A. a supply-side effect.
B. a short-run increase in the price level.
C. an indirect crowding out.
D. direct expenditure offset.
Answers: 3
Business, 21.06.2019 16:30
Kinda moderates the comments section of an online travel magazine.which type of comments should linda flag or delete as inappropriate content
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Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
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Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
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Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
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Suppose that Congress and the president decide that economic performance is weakening and that the g...
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