Using the classical perspective and the ad/as model, what will happen to the aggregate price level, real gdp, and unemployment rate in the long run?
Answers
Along the AD curve, real GDP increases as the price level decreases. Changes in the expense level will cause a movement along the AD curve.
Ad/As modelWhen the output is smaller than the aggregate order, it means consuming families are saving less. This will result in an unplanned decrease in inventories of unsold stock. Firms will expand production by employing more workers until AS and AD once again becomes equal, i.e., until the balance is restored (AD = AS). Negative shocks reduce output and increase unemployment. Positive shocks improve production and reduce unemployment.
An increase in AD will raise the price level. On the other hand, an expansion in AS will decrease the price level. If the AD increases more than the AS, then, the price level will rise. Contrariwise, if the AS change is more than the AD change, the price level will decline.
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Related Questions
what are some leadership styles?
Answers
Description
A leadership style is a leader's method of providing direction, implementing plans, and motivating people. Various authors have proposed identifying many different leadership styles as exhibited by leaders in the political, business or other fields
Solve for the derivative of the following function using the limit of difference quotient method. You can check your work (if you want) using shortcuts, but you need to show your work on using the above method to get credit. (10 pts)
fx= {2}/{5x+6}
Answers
Given the function,fx= {2}/{5x+6}Now we have to find the derivative of the given function using the limit of difference quotient method.
fx = {2}/{5x+6}f'(x) = {2(-5)}/{(5x+6)^2}, Consider the given function.fx = {2}/{5x+6}By using the limit of the difference quotient method, we can obtain the derivative of the given function as follows:f'(x) = [f(x + h) − f(x)] / h......(1)By substituting the values of the given function into equation (1), we getf'(x) = [{2}/{5(x + h) + 6} - {2}/{5x + 6}] / h......(2)By cross-multiplying the equation (2), we getf'(x) = [{2(5x + 6) - 2(5(x + h) + 6)}] / {h(5(x + h) + 6)(5x + 6)}......(3)Simplify the equation (3)f'(x) = [{-10h}] / {h(25x + 30 + 25h + 30)}......(4)f'(x) = [{-10h}] / {h(25h + 25x + 60)}......(5)Simplify the equation (5)f'(x) = [-10] / {25x + 60 + 25h}......(6)By taking the limit of the equation (6) as h approaches to 0,f'(x) = [-10] / {25x + 60}^2......(7)Therefore, the derivative of the given function is f'(x) = {2(-5)}/{(5x+6)^2}.
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1. An expenditure for which the government receives no good, service, or resource in return.: An expenditure for which the government receives no good, service, or resource in return. 2. A privately owned organization that produces goods and services and sells them to others.: A privately owned organization that produces goods and services and sells them to others. 3. A good or service that can be consumed by many people at once and that other people can't be prevented from using.: A good or service that can be consumed by many people at once and that other people can't be prevented from using. 4. A legal claim of ownership.: A legal claim of ownership. 5. A market in which resources are exchanged for money.: A market in which resources are exchanged for money. 6. Consists of an individual or a group of people who live together and share income, such as you and your family.: Consists of an individual or a group of people who live together and share income, such as you and your family. 7. Models the interactions between key players in the economy.: Models the interactions between key players in the economy. 8. A market in which goods and services are exchanged for money.: A market in which goods and services are exchanged for money. 9. A rule of conduct passed by federal, state, or local governments.: A rule of conduct passed by federal, state, or local governments. 10. A payment for the use of a resource.: A payment for the use of a resource.
Answers
Answer:
1)Transfer payment
2)Firm
3)Public good
4)Property right
5)Factor market
6)Household
7)Circular flow diagram
8)Product market
9)Regulation
10) factor payment
Explanation:
1)An expenditure for which the government receives no good, service, or resource in return.:
(Transfer payment)
. 2. A privately owned organization that produces goods and services and sells them to others.:
( Firm)
3. A good or service that can be consumed by many people at once and that other people can't be prevented from using.:
( public goods)
4. A legal claim of owners
hip.: A legal claim of ownership
(Property right)
5. A market in which resources are exchanged for money.
(Factor market)
6. Consists of an individual or a group of people who live together and share income, such as you and your family.
(Household)
7. Models the interactions between key players in the economy.:
(Circular flow diagram)
. 8. A market in which goods and services are exchanged for money.:
(Product market)
9. A rule of conduct passed by federal, state, or local governments.:
(Regulation)
10. A payment for the use of a resource.:
( Factor payment)
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
merchandise subject to terms 2/10, n/30, fob shipping point, is sold on account to a customer for $16,900. what is the amount of sales discount allowable?
Answers
The amount of sales discount allowable is $378. Based on the terms of 2/10, n/30 and FOB shipping point, the customer is allowed a sales discount of 2% if they pay within 10 days of the invoice date.
To calculate the amount of sales discount allowable, we need to first calculate the net amount payable by the customer if they take the discount:
$16,900 x (1 - 2%) = $16,522
This means that if the customer pays within 10 days, they can take a discount of $16,900 - $16,522 = $378.
Therefore, the amount of sales discount allowable is $378.
The amount of sales discount allowable for merchandise subject to terms 2/10, n/30, FOB shipping point, and sold on account to a customer for $16,900 is $338.
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An economy in which price and quantity sold of goods and services is determined solely by supply and demand is a ___________.
mixed market economy
command economy
mixed command economy
market economy
----------------------------------
A good that a producer can prevent a consumer from using by charging a price is __________.
a private good that is non-rivalrous
a public good that is excludable
a public good that is non-rivalrous
a private good that is excludable
Answers
An economy in which price and quantity sold of goods and services are determined solely by supply and demand is a market economy.
A good that a producer can prevent a consumer from using by charging a price is a private good that is excludable. A market economy is an economic system where the prices of goods and services are determined by the interactions of supply and demand. In a market economy, the allocation of resources and the production of goods and services are primarily driven by the decisions of buyers and sellers in the marketplace. The forces of supply and demand play a central role in determining the equilibrium price and quantity of goods and services. In a market economy, the supply of goods and services is determined by producers who consider factors such as the cost of production, technology, and resource availability. The demand for goods and services, on the other hand, is determined by consumers based on factors such as price, personal preferences, and income levels. The interaction between supply and demand in the marketplace establishes an equilibrium price at which the quantity supplied equals the quantity demanded. Regarding the second question, goods can be classified based on two characteristics: rivalrousness and excludability.
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Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?
a) it made the products more consistent in various stores
b) franchise law demands is kind of central production
c) It is always cheaper to use this method
d) The company was having problems with distributors
Answers
Answer:
Option A
Explanation:
In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company. Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.
They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,
This is for my class in finance
What is one way to minimize the impact of unplanned spending on a budget?
I will mark brainliest !!!
Answers
Answer:
1. Work with credit card companies. ...
2. Sell your stuff. ...
3. Earn extra income. ...
4. Take on a short-term money loan. ...
5. Re-budget to live below your means. ...
6. Ask for a paycheck advance. ...
7. Make sure you're prepared for next time.
Raman is a Government servant, his wife Radha is an advocate and their son Amit is engaged in retailing of electronic goods. Identify the type of activities they are engaged in. Also differentiate between the identified activities on any three parameters.
Answers
Answer:
Kindly see Explanation
Explanation:
Raman is described above as being a government servant, this means Raman is an employee of the Federal or State Government. In other words, Raman works in a government runned establishment. Raman is in the civil service.
Radha who is described as an advocate could be explained as an individual who lends his or her voice in other to make others get heard or a protagonist of a certain course.Radha could be described as being into Law or judicial activities.
Amit who retails electronic goods could be described as being self-employed who is into buying and selling.
Difference between activities of Raman, Radha and Amit.
1.) Engagement sector:
Raman works in the civil service, while Radha work is inclined with the legal and activism process and Amit is into commerce.
EMPLOYER:
2.) Raman is clearly a government employee, Radha could work for Non-governmental or Volunteer organizations, while Amit is Self-employed.
DECISION-MAKING :
3.) Raman works based on defined government framework and rules, Radha as an advocate is more inclined towards promoting morality, While Amit will make decisions based on what is best for his business as an entrepreneur.
3rd question is: what is marilyns net annual salary
Answers
Answer:
1. Net monthly pay = $ 3274. 27
2. Net Annual Salary = $ 39291.4
Explanation:
The total deductions from the salary
$ 79.20 + $ 343.21 + $ 528.01 + $ 290.41 + $ 245 + $ 520 = 2005.83
Monthly Net Pay = Gross pay – Deductions = 5280.10 – 2005.83 = $ 3274. 27
Net Annual Salary = Net Monthly Pay * 12 = $ 39291.4
1. Net monthly pay = $ 3274. 27
2. Net Annual Salary = $ 39291.4
I'll give 20 points if you just answer this riddle: You see a boat filled with people. It has not sunk, but when you look again you don’t see a single person on the boat. Why?
Nice doing "business" with ya!
Answers
Answer:
Everyone on the boat is married.
Explanation:
Is a business plan a one time fee?
Answers
Answer:
i think so :)
Explanation:
The Free enterprise system is:
A: Supply & Demand
B: Designed to protect consumers' best interests
C. Requires both sides of the story
D. Free of competition
Answers
Answer:
Free enterprise is the freedom of individuals and businesses to regulation. It enables individuals and businesses to create, produce, are able and willing, enterprising people produce goods and services for produce and sell goods and services. In this system, no one forces people they believe to be best for them.
Milton friedman argued that the federal reserve should adopt a ________ to reduce fluctuations in real gdp, employment, and inflation.
Answers
Milton Friedman argued that the federal reserve should adopt a monetary supply growth to reduce fluctuations in real GDP, employment, and inflation.
The most well-known proponent of free markets during the twentieth century was Milton Friedman. The monetary supply growth theory, which holds that the level of prices is influenced by the amount of money in circulation, was revived by Friedman's arguments. Friedman wrote in 1956's Studies in the Quantity Theory of Money that higher monetary growth raises prices over the long run but has little to no impact on output. He claimed that, in the short run, rising monetary supply growth leads to higher employment and output, whereas falling monetary supply growth has the reverse impact.
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Which is true of community cloud computing?
a.
The costs are spread over fewer users than with a public cloud.
b.
It offers higher security as compared to private clouds.
c.
The infrastructure can be owned by just one organization.
d.
It exposes mission-critical applications and data to the outside world.
Another commonly used name for collaborative computing is _____ computing.
a.
group
b.
analysis
c.
GIS
d.
DSS
Answers
The truth that can be said about community cloud computing is : The costs are spread over fewer users than with a public cloud. Option A.
Another commonly used name for collaborative computing is group computing. Option A.
What is community cloud computing?A community cloud computing initiative is characterized as a cooperative undertaking in which infrastructure is not owned by a single entity but rather shared by a number of organizations with related issues. Compared to a public cloud, fewer users are responsible for the costs. It does not, however, give the same level of tight security as a private cloud offers. Consequently, the appropriate choice is (a). The other suggestions regarding a community cloud are all false.
Groupware computing and group computing are other names for collaborative computing. It enables a group of people to exchange information. It makes it possible for team-based enterprises to expand. Consequently, the appropriate choice is (a). None of the other choices are considered collaborative computing, hence they are all incorrect.
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Most consumers view specialty goods as having a variety of acceptable substitutes.
a. True
b. False
Answers
The given statement "Most consumers view specialty goods as having a variety of acceptable substitutes." is false. Specialty goods are unique and differentiated products that are not easily found elsewhere.
They are often associated with high quality, exclusivity, and a premium price point. Consumers who seek out specialty goods are often looking for something specific and are willing to pay a premium for it. In this context, substitutes may not be considered acceptable as they do not meet the same level of quality or exclusivity. Consumers who are looking for substitutes are typically more price-sensitive and may not value the unique features of specialty goods. Therefore, it is important for businesses that offer specialty goods to understand their target audience and position their products accordingly to meet the specific needs and wants of their customers.
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Click this link to view O*NET’s Work Contexts section for Lawyers. It describes the physical and social elements common to this work. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Lawyers? Check all that apply
Answers
According to O*NET, some common work contexts for Lawyers are
Provide clients with counsel and representation in legal proceedings and before public authorities.maintain open lines of communication with their clients, coworkers, judges, and other case participants.What are Lawyers?Lawyers are referred to as individuals who possess a career in law and have education and expertise in various domains of legislation and helps their client to deal with legal issues. They are also called Advocates.
In court and in private legal complications, they offer advice and help them escape. In order to design a case argument, they interact with their clients, coworkers, and other parties engaged in the case. They also conduct research on legal issues and analyze them.
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Answer:
importance of being exact or accurate
telephone
indoors, environmentally controlled
letters and memos
In estimating the difference between two population means, if a 95 percent confidence interval includes zero, then we can conclude that there is a 95 percent chance that the difference between the two population means is zero.a. Trueb. False
Answers
False. When calculating the difference between two population means, we can say that there is a 95% probability that the difference between the two population means is zero, which is FALSE, if the 95% confidence interval contains zero.
If a 95 percent confidence interval for calculating the difference between two population means contains zero, the difference between the sample means is not statistically significant at the 5% level. A 95% possibility that the difference between the two population means is zero does not imply that it always is. Only the range of values that the genuine difference between the population means is likely to lie within is given by the confidence interval. The word "population" is used to describe the estimated number of individuals who are known to reside in a specific geographic region.
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Demand for a product is most likely to increase because
A consumers develop a preference for a competing product
B. demand for complementary goods decreases.
х
c. the total number of customers in a market declines
D. a product's price is rumored to rise in the future.
X Incorrect
Answers
Answer:
The total number of customers in a market declines
Explanation:
Demand refers to the volume of a product that buyers are willing to purchase in the market at a stated price at a given time. As per the law of demand, a high price makes the demand for a product to decline. Other factors that affect the demand for a good or service include
An increase or decrease in people's income.Changes in the price of other related goodsIncrease or decrease in population sizeChanges in customers preferencesThe more the population, the higher the demand for a product will be. A decrease in population means fewer people will purchase the product in the market. A reduced population results in low demand.
Levels of agriculture?
Answers
Answer:
Helloooo
the steps are :-
Soil preparationmanuringirrigationweedingharvestingstoringExplanation:
thanks hope it helps
Lauren owns a spa and is contemplating whether to eliminate facials from her menu of services. To decide, she asked a few customers their opinion. But these particular customers never had a facial before, so they told Lauren to eliminate this service. And she did. What general principle did Lauren fail to follow in trying to measure performance
Answers
The general principle Lauren failed to follow when measuring performance is not cutting corners.
What is performance measuring?This is an instrument to evaluate the performance or efficiency of a product or service in a company.
What is the not cutting corners principle about?This principle implies evaluations should be done completely, rather than making it in the easiest way possible because this will cause a negative impact.
What did Lauren do wrong?Lauren failed the not cutting corners principle because she did not ask most of her clients before making this important decision.
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Identify two of Tumi Manufacturers complies with the
Answers
Two of the laws that Tumi manufacturers comply with are
Labor lawsEnvironmental laws.What is corporate social responsibilityThis is the responsibility of an organization to the the area where they operate.
The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.
Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.
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Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
Answers
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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In risk management, what does risk control include?
Answers
Answer:
What are the three basic categories of control? Educational/awareness, physical, supervision 5. How do you implement controls? Ensure controls are communicated to those involved in the activity.
Risk control in risk management includes implementing preventive measures, risk mitigation strategies, and controls to minimize the likelihood and impact of identified risks.
Risk control is an integral part of risk management that focuses on managing and reducing the impact of potential risks. It involves the implementation of measures and strategies to mitigate, prevent, or minimize the occurrence and consequences of identified risks.
Risk control measures may include implementing safety protocols, conducting risk assessments, establishing internal controls and procedures, adopting risk transfer mechanisms such as insurance, implementing business continuity plans, and regularly monitoring and reviewing risk management processes.
The goal of risk control is to proactively manage risks to protect assets, optimize operations, and ensure the organization's long-term sustainability.
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Which is a positive reason for using a credit card to finance purchases?
Answers
Renters insurance is insurance that covers what?
A: The cost of rebuilding the home
B: The cost of the rental payments for two years.
C: The cost of replacing the home or apartment
D: The loss of a renter's possessions
Answers
Renters insurance is insurance that covers D: The loss of a renter's possessions.
What is Renters insurance?Renters insurance can be described as the form of the insurance that help in the protection of the personal property that someone has in a rented apartment.
It should be noted that this insurance is been used by the people that do use condo or home and on the long run they experience unexpected circumstances.
These circumstances can be theft, a fire or sewer backup damage however whenever this damages occur the insurance company will come around to come and inspect the damages and they will help to savage the situation, because their will be some of the charges that the person would have agreed to be paying to the insurance company which would be o some basis, for instance some of the company do accept the payment on the monthly basis, while some of the company do collect te payment on the quarter of the year.
Therefore, option D correct.
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Operational decisions are considered to be structured decisions. True false.
Answers
Answer:
True
Explanation:
Because they are not just decisions that are just taken easily
Crystal Ship Knitwear, Inc., is expanding its offerings from handmade winter hats, scarves, and gloves to include clothing such as sweaters and knit outerwear. At the same time, it wants to open two retail stores and not rely entirely on online sales. To staff the new manufacturing facilities and brick-and-mortar stores properly, the company should conduct a(n) Group of answer choices
Answers
Answer: demand forecast
Explanation:
Demand forecast simply means predicting the demand for a particular good or service in order to determine supply and also make other necessary management decisions.
Based on the information that were provided in the question, to staff the new manufacturing facilities and brick-and-mortar stores properly, the company should conduct a demand forecast.
The Architecture and Construction career cluster is a group of careers focused on
O designing, constructing, and maintaining buildings and other structures,
O assembly of buildings and structures.
O designing and planning buildings.
O identifying the safety standards for building regulations.
Answers
The correct answer is Designing, constructing, and maintaining buildings and other structures.
Explanation:
A career cluster groups different careers related to the same area of knowledge and similar applications. In the case of architecture and construction, this includes careers such as architecture, civil engineering, carpentry, paving operators, etc. Moreover, these careers are all related to creating buildings or structures, which involve designing or planing the structures, then constructing them, and finally, dealing with the maintenance of the building. This includes the creation of houses, bridges, roads, etc.
Answer:
answer is A
designing constructing, and maintaining buildings and other structures.
Explanation:
hope this helps!
The adjusted trial balance of corporation at december 31 shows that sales revenue for the year was and other revenue was. Cost of goods sold for that same period was , while other expenses totaled. The corporation declared and paid dividends of during the year. The balance of retained earnings before closing entries was
Answers
The record of the entry to close out the revenue accounts will be as debit sales revenue (525,000), debit other revenue (57,000), and Credit Retained (582,000).
Revenue accounts' debit entries cover sales-related allowances, discounts, and refunds. Credits boost the balance while debits lower the net revenue in revenue-type accounts via the returns, discounts, and allowance accounts. ADVANCE KNOWLEDGE.
Debit entries indicate a decline in the revenue accounts in the income statement, whereas credits indicate an increase in the account. The foundation of double-entry accounting is the idea of debits and offsetting credits.
Retention Credit is the sum indicated in the applicable Participant's Retention Agreement that will be credited to the Participant's Retention Account as a "Deferred Compensation Account" (as that term is defined in the applicable Retention Agreement).
Businesses that kept paying staff while closed due to the COVID-19 epidemic or saw severe drops in gross receipts from March 13, 2020, to December 31, 2021, are eligible for the Employee Retention Credit (ERC), a refundable tax credit.
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NOTE: The question given on the portal is incomplete. Here's the complete question:
QUESTION: The adjusted trial balance of Arctic Corporation at December 31 shows that sales revenue for the year was $ 525,000 and other revenue was $ 57,000. Cost of goods sold for that same period was $ 265,000, while other expenses totaled $ 195,000. The corporation declared and paid dividends of $ 10,000 during the year. The balance of retained earnings before closing entries was $ 490,000. Record the entry to close out the revenue accounts.