What income category keeps aggregate output and aggregate income equal?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (11 reviews)
Profit is the income category that keeps output and i...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Given the following data about the economy: a. Calculate aggregate output (GDP) and aggregate income. b. Compare the two calculations in a. Why are they not precisely equal? c. Calculate GNP. d....
-
1. The long-run aggregate supply curve is _____ (vertical/horizontal). 2. A decrease in material costs will shift the short-run aggregate supply _____. 3. Using the long-run aggregate supply curve, a...
-
1. The short-run aggregate supply curve will move_________ if the economy s actual output is below full-employment output. 2. If the adjustment process works slowly, then economic policy is less...
-
Calculate and compare the efficiency of the two turbines of Prob. 14123. They should be the same since we are assuming dynamic similarity. However, the larger turbine will actually be slightly more...
-
The Nelm Company has discovered through experience that somehow Erm, its major competitor, seems to discover its every secret. For example, when Nelm launches a new advertising campaign, Erm always...
-
Prove that a two-input multiplexor is also universal by showing how to build the NAND (or NOR) gate using a multiplexor.
-
Every day, logistics companies such as United Parcel Service (UPS) must decide how to route their trucks, that is, the order in which to deliver the packages that have been loaded on a truck. UPS...
-
Why is CVP analysis generally used as a short-run tool? Would CVP ever be appropriate as a long-run model?
-
A, B, C and D allegedly rob a Town Bank, which is located in the city of Cape Town. Members of the South African Police Services (SAPS) are called to the scene of the crime, during which a shoot-out...
-
Consider the following information and answer the questions. Show all your work. You are a fan of the English soccer team NU. It is the end of the season, and there is only one more match to play....
-
You have been hired as a research assistant and are given the following data. Compensation to employees. $329 Consumption. 370 Exports 55 Net foreign factor income 3 Government spending 43 Investment...
-
What makes it difficult to compare GDP over time! How is the problem addressed?
-
The reaction of Cr(CO) 6 with Ph 2 P(CH 2 ) 4 PPh 2 leads to the formation of two products, A and B. The 31 P NMR spectrum of A shows two signals ( + 46.0 and 16.9 ppm, relative integrals 1 : 1),...
-
Sebastian is about to compare a set of mutually exclusive and indivisible alternatives using a ranking approach. Which of the following is not an appropriate measure of worth? a. Present worth b....
-
The two most common forms of benefit-cost analysis are a. \(B / C\) and \(B-C\). b. \(B / C\) and \(B^{*} C\). c. \(B+C\) and \(B-C\). d. \(B-C\) and \(B^{*} C\)
-
Ten cavemen with a remaining average life expectancy of 10 years use a path from their cave to a spring some distance away. The path is not easily traveled due to 100 large stones that could be...
-
Identify one each (1) benefit, (2) disbenefit, and (3) monetary cost that would impact each of the following projects: a. A new electrical distribution station in a developing part of the city, with...
-
How easy is it to forecast the Australian/U.S. dollar exchange rate? The data file iron contains monthly data on the iron ore price and the exchange rate from 2010M1 to 2016M12. In the questions that...
-
Pasquali Ltd. issues $600,000 of 9% bonds on 1 July 20X1. Additional information on the bond issue is as follows: Required: 1. Record the bond issue and the first interest payment under the effective...
-
Write a paper about the Working relationship in the organization- collaboration within and outside the organization
-
A student has just written on an exam that technological change will mean that the cost curve is downward-sloping. Why did the teacher mark it wrong?
-
True or false? Because entrepreneurs are motivated by opportunities to sell an item at a price higher than the average cost of producing it, they do not start for-benefit firms. Explain your answer.
-
Your average total cost is $30; the price you receive for the good is $15. Should you keep on producing the good? Why?
-
What are the vulnerabilities of embedded operating systems, such as, but not limited to, IoT devices, programmable logic devices, and vehicle control systems.
-
Factor the polynomial completely. 7x-17x-12
-
What are some relevant recommendations about Coca-Cola's Planning, Design, and Implementation of an Enterprise Resource Planning System that other companies can apply to their own initiatives?
Study smarter with the SolutionInn App