Answer:
Persistent leftward shifts of the aggregate demand curve.
Explanation:
The inflation results in decreasing the aggregate demand. The real spending decreases the value of money. Secular inflation is prolonged period of slight price increase. This type of inflation continues to persist over a long time. The secular inflation in the United States has been due to leftward shift of aggregate demand curve.
Answer and Explanation:
The computation is shown below:
(a) Standard direct materials price per pound of raw materials is
= Purchase price + freight in + receiving and handling
= $3 + $0.50 + $0.20
= $3.70
(b) Standard direct materials quantity per gallon is
= Required material + allowance for waste and spoilage
= 3.50 pounds + 0.80 pounds
= 4.30 pounds
(c) Total Standard direct materials cost per gallon is
= Standard direct materials price per pound of raw materials × Standard direct materials quantity per gallon
= $3.70 × 4.30 pounds
= $15.91
We simply applied the above formulas
I think United airline offer large airplanes
Answer:
Total Fixed costs: $
Rent 2,000
Utilities 700
Salaries 2,950
Advertising 50
Total fixed cost 5,700
Contribution per car = Selling price - Unit variable cost
= $10.50 - $2.50
= $8.00 per car
Break-even point in full-service car
= <u>Total fixed cost</u>
Contribution per car
= <u>$5,700</u>
$8.00
= 712.5 = 713 cars
Explanation:
Break-even point in full-service car equals total fixed cost divided by contribution per car. Contribution per car is selling price minus variable cost per car.
Answer:
A
B
Explanation:
M1 is the most liquid definition of money. M1 includes currency and coin, demand deposits, travellers' checks, other checkable deposits
Savings account is part of M2