business analysis stage, this occurs before development
Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.
With a decrease in input prices, the producers will be willing to produce more items, but we are unsure if consumers will be able to buy more because they drop in income; therefore, we don't know what the price will do.
Answer & Explanation:
because negative net investment means the economy produced no new capital goods in that year.
An inverted curve reflects the bond market's expectation for the Fed to cut rates down the line. The Fed normally cuts rates in response to an economic downturn, hence why an inverted curve could be a recession signal.
Answer:
C) $1,500.
Explanation:
The computation of the insurance expense is shown below:
The insurance expense would be equal to the expired amount of the prepaid insurance i.e $1,500
The adjusting entry is as follows
Insurance expense A/c Dr $1,500
To Prepaid Insurance $1,500
(Being insurance expense is recorded)
Therefore, the balance of the prepaid insurance is ignored.
