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vredina [299]
2 years ago
11

are shifts in aggregate demand often the result of waves of pessimism or optimism among consumers and businesses

Business
1 answer:
ozzi2 years ago
4 0

Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates.

<h3>What does aggregate demand represent?</h3>

Aggregate demand is the amount of total spending on domestic goods and services in an economy. The downward-sloping aggregate demand curve shows the relationship between the price level for outputs and the quantity of total spending in the economy.

Aggregate demand is calculated as the sum of consumer spending, investment spending, government spending, and the difference between exports and imports.

To learn more about Aggregate demand visit the link

brainly.com/question/5754731

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Developing and establishing professional contacts that can assist you in finding employment is?
butalik [34]

It is called networking.

Networking is the informal social exchange of information and ideas between people who share a profession or a common interest. Networking frequently begins with a single point of commonality.

Networking is making use of personal, commercial, academic, or family relationships to help with a job hunt, attain career objectives, learn more about your industry, or another sector in which you'd like to work. Networking might help you learn about career prospects or gain access to a firm one want to work for.

Therefore, the answer is networking.

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6 0
1 year ago
True or False: A tax cut that will last for only one year will have a greater impact on aggregate demand than a tax cut that is
gavmur [86]

A tax cut that will last for only a year will not have a huge effect on the aggregate demand as the aggregate demand increases only when the tax cut is permanent.

The given statement is false.

<h3>What is a tax?</h3>

A tax is a liability imposed on the taxpayer to pay a specified sum to the government based on the income they have earned in the previous year.

When the cutting of taxes becomes permanent in the country, then the citizens can start to acquire more which will increase the spending. The families will expect that the tax cuts are for the longer term which now induces them to buy and spend more and also act as an addition to their incomes. This whole impact would eventually lead to rising in aggregate demand.

Therefore, the demand increases when the tax cuts are permanent rather than when tax cuts are for only one year.

Learn more about the tax cut policies in the related link:

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5 0
2 years ago
Arciba Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7,400
n200080 [17]

Answer:

$27.20

Explanation:

The computation of the predetermined overhead rate is shown below:

= Variable overhead rate per hour + Fixed Overhead rate per hour

where,

Variable overhead rate per hour is $9.50

And, the fixed overhead rate per hours is

=  budgeted fixed manufacturing overhead ÷ direct labor hours

= $130,980 ÷ 7,400

= $17.70

So, the predetermined overhead rate is

= $9.50 + $17.70

= $27.20

By adding the variable overhead rate per hour and the fixed overhead rate per hour we can find out the predetermined overhead rate

7 0
3 years ago
A high school plan acts as a ?
san4es73 [151]

Answer:

<h3>Question:</h3>

A highschool plan acts a ?

Explanation:

<h3>My answer:</h3>

B. list of goals for social life

that is your strategy.

6 0
2 years ago
Gundy Company expects to produce 1,213,200 units of Product XX in 2020. Monthly production is expected to range from 80,000 to 1
fiasKO [112]

Answer:

Gundy Company

Flexible Budget Report for March 2020:

                                      Actual Budget   Flexible Budget   Variance

Direct materials                 $515,000        $485,000           $30,000  U

Direct labor                         670,000           679,000               9,000  F

Variable overhead           1,073,000         1,067,000               6,000  U

Actual fixed costs              679,000           679,000                       0  None

Total costs incurred    $2,937,000       $2,910,000           $27,000  U

Explanation:

a) Data and Calculations:

Expected production of Product XX in 2020 = 1,213,200 units

Monthly production range = 80,000 to 114,000 units

Budgeted variable manufacturing costs per unit are:

Direct materials      $5

Direct labor             $7

Overhead              $11

Total variable       $23

Fixed manufacturing costs per unit:

Depreciation are   $6

Supervision are     $1

Total fixed costs   $7

Total costs =       $30

March 2020 costs incurred for 97,000 units:

Direct materials        $515,000

Direct labor              $670,000

Variable overhead $1,073,000

Actual fixed costs      679,000

Total costs incurred $2,937,000

Flexible Budget Report for March 2020:

                                      Actual Budget   Flexible Budget   Variance

Direct materials                 $515,000        $485,000           $30,000  U

Direct labor                         670,000           679,000               9,000  F

Variable overhead           1,073,000         1,067,000               6,000  U

Actual fixed costs              679,000           679,000                       0  None

Total costs incurred    $2,937,000       $2,910,000           $27,000  U

4 0
3 years ago
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