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shepuryov [24]
3 years ago
5

The curve that shows how much gdp is demanded at various price levels is called:

Business
1 answer:
pshichka [43]3 years ago
7 0
Aggregate demand curve is the curve that shows how much gdp is demanded at various price levels. 

When talking about aggregate demand curves, they show the total demand for a good or service in an economy at any given time. They are broken down into items that are fully completed final eructs and it bases this off of a variable amount of prices the product/service could be sold out. 
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When the price of Milk is $5 per gallon consumers demand 1,000 boxes of Boo Berry Cereal. When the price of milk increases to $5
alexandr1967 [171]

Answer: a. 10%

b. -30%

Explanation:

a. What is the percentage change in the price of milk?

Old price = $5.00

New price = $5.50

Percentage change = ($5.50 - $5.00)/$5.00 × 100

= 0.50/5.00 × 100

= 1/10 × 100

= 10%

Percentage change on price = 10%

b. What is the percentage change in the quantity demanded for Boo Berry Cereal?

Old quantity = 1000

New quantity = 700

Percentage change = (700 - 1000)/1000 × 100

= -300/1000 × 100

= -30%

The percentage change in the quantity demanded for Boo Berry Cereal is -30%.

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2 years ago
Which country used a form of the welfare state before countries like the United States?​
madam [21]

The first world welfare superpower was Japan.

7 0
3 years ago
What do student do in CTSO name one example
solmaris [256]

a student organization that contributes to the preparation of a world-class workforce through the advancement of leadership, citizenship, academic, and technological skills for students at the Secondary and the Post-Secondary level.

example: DECA or FBLA or FCCLA

7 0
3 years ago
Water and air are examples of _____ resources while people are considered to be _____ resources
kiruha [24]

Answer:

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7 0
2 years ago
Logan and Johnathan exchange land, and the exchange qualifies as like kind under § 1031. Because Logan's land (adjusted basis o
Nimfa-mama [501]

Answer:

A. $26,100

B. $15,660

Explanation:

Calculation to determine Logan recognized gain

A. Based on the information given in a situation where  Johnathan's land is worth the amount of  $123,975, Logan's recognized gain will be the amount of $26,100 which is the lesser of the amount realized as  gain  ($156,600 realized amount − $130,500 adjusted basis = $26,100) or the fairmarket value of the boot received amount of  ($32,625)

Therefore Logan recognized gain will be $26,100

B. Based on the information given Ina situation were Johnathan's land is worth the amount of $140,940, Logan's recognized gain will be the amount of $15,660, the lesser of th amount realized as gain ($156,600 realized amount − $130,500 adjusted basis = $26,100) or the fairmarket value of the boot received of the amount of ($15,660).

Therefore Logan recognized gain will be $15,660

7 0
2 years ago
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