Answer:
price level changes
Explanation:
The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.
The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.
Aggregate demand curve shifts except when price level changes.
Answer:
Aggregate demand (AD) refers to the total demand for goods and services in an economy in an economy at a given price level.
Components of Aggregate Demand (AD); Consumption (C), Investment (I), Government Spending (G) and Net Exports (X-M).
During the recession, the government can affect aggregate demand by increasing their fiscal expenditures and reduce taxation which is known as Fiscal policy.
Expansionary fiscal policy affects aggregate demand through an increase in government spending and a reduction in taxation. Those factors influence employment and increase household income, which then impacts consumer spending and investment
Fiscal policy determines government spending and tax rates. Expansionary fiscal policy, usually enacted in response to recessions or employment shocks, increases government spending in areas such as infrastructure, education, and unemployment benefits.
Explanation:
In the resource market we find the materials required for production.
<h3>What is resource market?</h3>
The resource market refers to a market where it is possible to find all or some of the resources that are necessary for the production of goods and services.
Businesses depend on the resource materials for the supply of materials that aid the process of production hence the both are interdependent on each other. It is different from product markets which involves the sale of finished goods to consumers.
Learn more about resource markets: brainly.com/question/3964664
Explanation:
The computation is shown below:
For return on investment
Return on investment = Income from operations ÷ invested assets
= $13,200,000 ÷ $55,000,000
= 0.24 or 24%
For Investment turnover
Investment turnover = Sales ÷ Invested assets
= $82,500,000 ÷ $55,000,000
= 1.5
For Profit margin
Profit Margin = Income from operations ÷ Sales
= $13,200,000 ÷ $82,500,000
= 0.16 or 16%
The return on investment
= Profit margin × investment turnover
= 16% × 1.5
= 24%
