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Cloud [144]
3 years ago
13

The aggregate demand and aggregate supply model is a useful simplification of the macroeconomy used to explain short-run fluctua

tions in economic activity around its long-run trend.
The horizontal axis of a diagram of the aggregate demand and aggregate supply curves measures which of the following?

1. The price of a particular representative good produced in the economy

2. The amount of a particular representative good produced in the economy

3. An economy’s real GDP

4. An economy’s price level

Which of the following are reasons that the aggregate demand curve slopes downward? Check all that apply.

1. As the price level rises, imports become relatively cheaper than domestically produced goods.

2. As the price level rises, households’ real wealth decreases.

3. As the price level rises, households’ real income increases.
Business
1 answer:
lys-0071 [83]3 years ago
7 0

Answer:

QUESTION 1:

The horizontal axis measures an economy's real GDP- 3

QUESTION 2:

As price level rises, imports become relatively cheaper than domestically produced goods- 1

Explanation:

QUESTION 1

The horizontal axis of the aggregate demand and aggregate supply measures an economy's real GDP. The GDP is the sum of all the final goods and services produced in the economy while the vertical axis of an aggregate supply and aggregate demand diagram measures the price index level.

QUESTION 2

When domestic interest rate is low compared to foreign interest rates, domestic investors invest in foreign countries where return on investments is higher. Increased outflow of currency to foreign countries, causes a decrease in real exchange rate. This decrease, increases net exports. This then, increases aggregate demand. As the price level drops, interest rates fall, investment in foreign countries becomes increased, real exchange rate falls, net exports increases and the aggregate demand then increases.

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Under current accounting practice, intangible assets are classified as specifically identifiable or goodwill-type. limited-life
MArishka [77]

Correct Question: Under current accounting practice, intangible assets are classified as

a. amortizable or unamortizable.

b. limited-life or indefinite-life.

c. specifically identifiable or goodwill-type.

d. legally restricted or goodwill-type.

Answer:

B, limited-life or indefinite-life

Explanation:

By defiinition, Intangible assests are assests that cannot be physically felt. it can also be said to be assets that are non physical in nature. This kind of assets include goodwill, image rights,brand recognition, copyrights, etc.

All of the above examples of assets are deemed intangible because they have no exact expiry or end date. It can either last for a long time or a short time. Assets like reputation are classified as intangible because it cant be felt and it doesnt have an exact end date. It is therefore a kind of asset that has limited-life or indefinite-life.

Cheers.

4 0
3 years ago
Orwell Building Supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after
EleoNora [17]

Answer:

Best estimate of the current stock price= $42.64

Explanation:

Price of the stock today = \frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{P2}{(1+ke)^2}.

where P2 = \frac{D3}{ke-g}

D0=$1.75

D1=$1.75(1.25)

D2=$1.75(1.25)(1.25)

D3=$1.75(1.25)(1.25)(1.06)

Price of the stock today = \frac{1.75(1.25)}{(1+0.12)^1}+\frac{1.75(1.25)(1.25)}{(1+0.12)^2}+\frac{1.75(1.25)(1.25)(1.06)}{(0.12-0.06)(1+0.12)^2}. = $42.64

8 0
3 years ago
Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co
-Dominant- [34]

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

Learn more about fiduciary  here:brainly.com/question/17080270

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5 0
1 year ago
You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money? A) Com
Allisa [31]
D) Compounding daily
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4 0
2 years ago
Conversion cost is the sum of a.selling cost and administrative costs. b.product costs and period costs. c.direct labor cost and
defon

Answer:

The answer is  c.direct labor cost and overhead costs.

Explanation:

Conversion costs include direct labor and overhead expenses incurred in the process of converting raw materials into finished products

8 0
3 years ago
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