Answer:
The three most important economic indicators are gross domestic product (including GDP per capita, consumer spending, investment, etc.), employment indicators (total employment and unemployment rate) and inflation rate.
There are other economic indicators that are also frequently used like poverty level, life expectancy, foreign trade balance, central bank minutes, etc.
Answer:
a. Taking the train into Boston, Katie reviewed the meeting minutes.
Explanation:
This is the best way to rewrite this sentence in order to avoid the problem of the dangling modifier. A dangling modifier is a word or a phrase within a sentence that modifies a word that is not clearly stated. In this case, the original sentence makes it sound as if the meeting minutes were the ones taking the train into Boston. The reviewed sentence gets rid of this confusion.
Answer:
a. Decline
Explanation:
Whenever there is a reduction in the price level, this results in gains in the real money supply which eventually moves the LM curve to the right.
Hence, given that, the IS curve has a downward slope, the IS and LM curves will meet at a higher level of income and a lower interest rate.
Therefore, the correct answer, in this case, is Option A: DECLINE
Note LM means Liquidity and Money
While IS means Investment and Savings.
Answer:
b. $311,600
Explanation:
For the computation of total contribution margin first we need to find out the contribution margin per unit which is shown below:-
Contribution Margin per Unit = Contribution Margin ÷ Units Sold
= 319,200 ÷ 8,400
= $38
Total Contribution Margin = Contribution Margin per Unit × Units Sold
= $38 × 8,200
= $311,600
Therefore for computing the total contribution margin we simply applied the above formula.
Answer:
$38.0 millions
Explanation:
Cash paid to suppliers of merchandise = Cost of Goods Sold + Increase in inventory - Increase in accounts payable
Therefore, we have:
Cash paid to suppliers of merchandise = $40.0 millions + $4.5 millions - $6.5 millions = $38.0 millions
