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vaieri [72.5K]
2 years ago
6

In macroland potential gdp equals $20 billion and real gdp equals $19.2 billion. macroland has a(n) ______ gap equal to ______ p

ercent of potential gdp.
Business
1 answer:
Jet001 [13]2 years ago
6 0
Potential GDP = $20 
Real GDP =$19.2  
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.
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Answer:

D. Job specialization

Explanation:

Job specialization is the situation whereby overall task of a company are broken down into smaller various parts. With job specialization, machines used are more specialized, workers are more proficient and training is simplified. It is the situation whereby people with great skills and expertise in a certain area are assigned to that area to become more effective.

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2 years ago
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William McChesney Martin, who served as Chairman of the Federal Reserve in the 1950s and 1960s, is famous for saying that centra
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Answer:

PART A

The saying means that it should remove the economic incentives when it has reached its peak in order to prevent it from impacting negatively on the economy.

PART B

(1) It can lead to Inflation.

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Explanation:Central banks all over the world are known to put incentives and Stimulus factors in place in order to help improve, resuscitate or sustain the economy in terms of crisis, but the impacts of the Incentives or Stimulus programs of the central banks can lead to certain negative consequences if not effectively monitored or removed when necessary.

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2 years ago
Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest paymen
miss Akunina [59]

Answer:

The effective annual rate on loan would be 8.24%

Explanation:

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where, the APR IS 8% ,

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So now putting these values in the formula -

(1+8% / 4) ^4  - 1

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3 0
2 years ago
Matt co. is the lessor in connection with an operating lease. matt co. would record:
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Matt co. is the lessor in connection with an operating lease. matt co. would record a depreciation expense. The lessor records it as a depceciation expense becuase they are using a stright-line lease as a source of revenue. As the operation lease declines, it will keep showing as a depreciation on their balance sheets.

6 0
2 years ago
4: In 2013, the United States Postal Service charged $0.46 to mail a letter weighing up to 1 oz. and $0.20 per ounce for each ad
Gekata [30.6K]

Answer:

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Therefore, cost function, c(z) = 0.46 + 0.2z

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2 years ago
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