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lina2011 [118]
1 year ago
13

The recession of 20072009 made many consumers pessimistic about their future incomes. how does this increased pessimism affect t

he aggregate demand curve?
Business
1 answer:
Arisa [49]1 year ago
4 0

The increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.

<h3>What is Aggregate Demand Curve?</h3>

An aggregate demand curve can be described as curve that shows the total spending that is made on domestic goods and services based on different price levels.

When the aggregate demand curve shifts to the right, it means demand is increased. However, wen aggregate demand curve shifts to the left, it means demand decrease.

Recession that happened in 2007-2009 that made many consumers pessimistic about their future incomes discourages buying. This leads to a decrease in demand which will make the aggregate demand curve to shift to the left.

Therefore, the increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.

Learn more about aggregate demand curve on:

brainly.com/question/17118208

#SPJ4

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A monopolist can sell 26,000 units at a price of $30 per unit. lowering price by $1 raises the quantity demanded by 1,000 units.
Nutka1998 [239]
If he sells the shares at 30 per unit, the equation would be:
30*26000=780000

If he lowers the price to 29 per unit and ups the demand by 1k, it would be:
29*27000=783000

The resulting change would net him an additional 3000 dollars, so your answer would be B.
7 0
3 years ago
In ________ teams, there is an expectation of increased productivity and quality of work life because employees are delegated gr
posledela

In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.

<h3>What is self managed team?</h3>

Self-managed team includes group of people a that work together to render a service or to sell and produce a good.

They do not work under any manage or require managerial supervision.

Therefore, In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.

Learn more on self managed team

brainly.com/question/7199325

6 0
1 year ago
A total of $4000 was invested, part of it at 8% interest and the remainder at 11%. if the total yearly interest amounted to $365
ella [17]
<span>$1500 was invested at 11% $2500 was invested at 8% Assuming simple interest for each investment, we have the following expressions 0.11x = interest on 11% investment. (x = amount invested at 11%) 0.08(4000-x) = interest on 8% investment Adding the 2 expressions together and setting the sum to 365 gives 0.11x + 0.08(4000-x) = 365 Now solve for x by first distributing the 0.08 0.11x + 320 - 0.08x = 365 Subtract 320 from both sides and combine x's 0.03x = 45 Divide both sides by 0.03 x = 1500 So $1500 was invested at 11% and (4000-1500) = 2500 was invested at 8%</span>
7 0
3 years ago
Quinn contracts to provide ten tons of scrap steel at $500 per ton to Rendered Materials, Inc. An unforeseen shortage of scrap s
solong [7]

Answer:

C) ​performance of the contract is commercially impracticable.

Explanation:

Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.

Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.

In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.

7 0
2 years ago
Swan Corporation makes a property distribution on 12/31/13 to its sole shareholder, Matthew. The property distributed is a cotta
ra1l [238]

Answer:

What is Swan’s taxable gain on the distribution of the cottage?

Fair market value of property = 200000

Less: adjusted basis of property= 115000(150000-35000)

Taxable gain on distribution = 85000

What is Swan's current E&P after the distribution on 12/31/13?

Swans current E&P = 300000

Add: taxable gain on distribution = 85000

Less: distribution made = 165000(200000-35000)

After distribution E&P = 220000

What is the taxable dividend to the shareholder (if any)?

Taxable dividend to shareholders = 200000-35000 = 165000

What is the shareholder's basis in the cottage?

Shareholders basis is FMV of property i.e. 200000

3 0
2 years ago
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