1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gizmo_the_mogwai [7]
3 years ago
8

f the short-run aggregate supply curve is horizontal and the long-run aggregate supply curve is vertical, then a change in the m

oney supply will change ______ in the short run and change ______ in the long run.
Business
1 answer:
Morgarella [4.7K]3 years ago
7 0

Answer:

1.  only output.

2.  only prices

Explanation:

Aggregate supply curve is a graphical representation of supply indices of a firm which shows the total quantity of output, that is real GDP that firms will produce and sell at given price level.

Hence, given that the short-run aggregate supply curve is horizontal and the long-run aggregate supply curve is vertical, then a change in the money supply will change ONLY OUTPUT in the short run and change ONLY PRICES in the long run.

You might be interested in
The value of what businesses provide to other businesses is captured in the final products at the end of the __________ chain. s
Ira Lisetskai [31]
The value of what businesses provide to other businesses is captured in the final products at the end of the production chain. During the production chain the product goes through various steps to reach its end result. Each step in the chain adds more value to the product. Once it reaches the end of the chain the true test is the value it provides to business that ends up using the item. An example of this is a home being built. During each stage of the home building process the home is getting closer to its true test, when the owners move in. From the floor being poured to the walls going up, each step makes the house closer to becoming someones home. 
8 0
3 years ago
The fiscal 2016 financial statements of nike inc. shows net operating profit margin (nopm) of 11.4%, net operating asset turnove
kolezko [41]
<span>E, there is not enough information without actually having the Return on Equity from which we can subtract the operating return. With only percentages, we cannot extract this answer.</span>
7 0
3 years ago
Assume that you are the project manager for the construction of a 15-mile road. Further, assume that the work is uniformly distr
AfilCa [17]

Answer:

$200,000

Explanation:

This involves revenue recognition based on percentage of work completed (cost to completion technique). Revenue to be recognized per time is assessed based on the level of cost incurred compared with the total cost to be incurred.

Given that the total approved budget for the project is $600,000, If at the end of the first three weeks of work, $160,000 has been spent, and five miles of road have been completed for a  a 15-mile road, the earned value of the project at the end of the first three weeks

= 5/15 * $600,000

= $200,000

3 0
3 years ago
alex measured the length of an item to be 3.9 cm. the actual length is 3.5 cm what is alex percent error ?
Alisiya [41]

Answer:

11.42 %

Explanation:

The formula for calculating percentage error

percentage error = <u>observed value - actual value x 1</u>00

     actual value

Percentage error =    <u>3.9- 3.5</u>  x 100

    3.5

Percentage error = <u>0.4  x 100</u>

                             3.5

Percentage error =0.1142 x 100

Percentage error = 11.42 %

3 0
2 years ago
Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and
Anuta_ua [19.1K]

Answer:

c. $ 95,000 $ 0

Explanation:

<u>Calculation of cost of land acquired</u>

For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:

Consideration paid in cash (A) = $ 5,000

Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)

Total cost of new land (A+B) = $ 95,000

<em>Note 1</em>

Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)

<u>Calculation of Gain/loss on disposal of land</u>

No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)

5 0
3 years ago
Other questions:
  • Many of the responsibilities associated with working in a professional sport organization, such as the National Football League
    7·1 answer
  • Chow is unmotivated, feels worthless, sleeps all the time, and does not get out of bed for days at a time. he has not been to wo
    15·1 answer
  • A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000. The
    10·1 answer
  • 9. When paraphrasing, which of the following must a student do:
    6·1 answer
  • Gdp excludes most items that are produced and sold illegally and most items that are produced and consumed at home because
    15·1 answer
  • A magazine company's Unearned Revenue account had a balance of $12,700 on January 1, 2013. On December 31, 2013, as part of the
    10·1 answer
  • On December 31, 2020, McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2021. On J
    14·1 answer
  • Zoning ordinances have changed in the area adjacent to a residential neighborhood. The residents are incensed a retail shopping
    14·1 answer
  • What is the third rule to normalize a database?
    15·2 answers
  • In private corporations the head of accounting (often called the chief financial officer or controller) spends a great amount of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!