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djyliett [7]
1 year ago
12

the most likely outcome when both aggregate supply and aggregate demand increase is: a rise in inflation. higher employment. an

increase in nominal gdp.
Business
1 answer:
anyanavicka [17]1 year ago
5 0

As a result, a rise in household wealth causes the aggregate demand curve to move to the right. When both aggregate supply and aggregate demand grow, the most likely conclusion is an increase in inflation.

  • The entire quantity of demand for all completed products and services generated in an economy is measured as aggregate demand. The entire amount of money traded for such products and services at a certain price level and moment in time is referred to as aggregate demand.

What exactly is macroeconomic aggregate demand?

Aggregate demand is an economy's overall expenditure on domestic goods and services. The downward-sloping aggregate demand curve depicts the link between production price levels and overall economic spending.

to learn more about aggregate demand, click the links

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Suppose there is a decrease in the price of butter. What do we expect to happen to the demand for bread? Assume that bread and b
dimulka [17.4K]

Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.

<h3>Option (B) is correct</h3>

<u>Explanation:</u>

Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other

If the Price of butter decreases,  it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.

3 0
3 years ago
The use of the money supply to influence the economy is: a. initiated through actions of Congress. b. called countercyclical pol
iogann1982 [59]

Answer:

The correct answer is (E)

Explanation:

There are two major policies which can directly affect the economy of a country; fiscal policy and monetary policy. Monetary policy is generally controlled by federal or state bank which is used to increase or decrease the overall money supply in the economy. Some important tools of monetary policy are interest rate, discount rate and open market operations etc. The monetary policy is often used to target inflation

5 0
3 years ago
In order to provide more complete information, u.s. gaap allows that any significant noncash investing and financing activities
vampirchik [111]

It is reported as foot notes  in cashflow statement or in the notes of financial statements.

When an income statement is converted to cash flows from operational operations, noncash items like as depreciation and nonoperating profits and losses are not included. Non-cash investing and financing entails making an investment or purchase using financial instruments other than cash.

The Generally Accepted Accounting Principles (GAAP) are a collection of generally observed financial reporting accounting standards and regulations. The four main constraints of GAAP are objectivity, the materiality, the consistency, and the prudence.

Companies are required by both IFRS and US GAAP to declare any substantial non-cash investment and financing operations, either as a footnote at the bottom of the statement of the cash flows or in  notes to the financial statements.

Therefore, the answer is the bottom of the statement of  the cash flows or in the notes to  financial statements.

To know more about U.S Gaap click here:

brainly.com/question/17327177

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6 0
1 year ago
Suppose that the price of labor (PL) is $10 and the price of capital (PK) is $20. What is the equation of the isocost line corre
gayaneshka [121]

Answer:

$100 = $10PL + $20PK

Explanation:

Computation for the equation of the isocost line

Using this formula to compute the equation of the isocost line

Total cost=Price of labor (PL)+Price of capital (PK)

Where,

Total cost=$100

Price of labor (PL)=$10

Price of capital (PK)=$20

Now Let plug in the formula to compute the equation of the isocost line

$100 = $10PL + $20PK

Therefore the equation of the isocost line corresponding to a total cost of $100 will be $100 = $10PL + $20PK

8 0
3 years ago
According to PMI’s "Code of Ethics and Professional Conduct", project managers should exhibit all of the following behaviors EXC
Harrizon [31]

Answer:

The correct answer is letter "C": authority - exert economic and political power .

Explanation:

The Project Management Institute (PMI) establishes in its "<em>Code of Ethics and Professional Conduct" </em>that there are four milestones important to consider for every project manager: <u><em>honesty</em></u><em>, </em><u><em>responsibility</em></u><em>, </em><u><em>respect</em></u><em>, </em>and<em> </em><u><em>fairness</em></u>. According to the PMI, those values drive not only the ethical life in the managerial but the real world, where the best outcome is the most ethical.

In that sense, "<em>authority</em>" has nothing to do with the PMI's Code of Ethics.

5 0
3 years ago
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