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leonid [27]
2 years ago
5

According to Keynesians, an increase in the money supply will have its greatest impact on GDP when the aggregate demand curve in

tersects:
Business
1 answer:
sladkih [1.3K]2 years ago
5 0

the horizontal portion of the aggregate supply curve.

What is GDP?

The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.

Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly. For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter. Each piece of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.

Learn more about GDP with the help of given link:-

brainly.com/question/1383956

#SPJ4

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If the price of chocolate-covered peanuts decreases from $1.10 to $0.90 and the quantity demanded increases from 190 bags to 210
sertanlavr [38]

Answer:Price elasticity of demand = -0.05

Explanation:

Price elasticity of demand using the midpoint method= \frac{(Q2- Q1)/(Q2+Q1)/2}{(P2- P1)/(P2+P1)/2}

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Price elasticity of demand =  (\frac{(210-190/210+190)/2}{0.90-1.10/ 0.90+1.10)/2}

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0.025/ -0.05 = -0.05

Price elasticity of demand = -0.05

The Price elasticity of demand tells us how much quantity demanded changes in response to a change in price. Here the Demand for a good is  inelastic because  the PED coefficient is less than one -0.05

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When a firm prepares financial reports by using absorption costing,
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When a firm prepares financial reports by using absorption costing, <span>profits may decrease with increased sales even if there is no change in selling prices and costs. When you absorb costs that means all of the manufacturing costs are absurd by the units produced. The final cost of the inventory will include direct matters, labor and both variable and fixed overhead to product the units. </span>
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