<h3>LRAS curve is vertical due to the rate of inflation does not impact real GDP
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Explanation:
The long-run aggregate supply curve (LRAS) is vertical because the rate of inflation does not impact real GDP's long-run determinants, which include supplies of labor, capital, and natural resources. It is simply applying the classical dichotomy and monetary neutrality.
The long-run aggregate supply curve at potential GDP is vertical, which is the amount of GDP reached when the economy operates in full employment. It is expected that GDP will always reach this level in the long run as the economy is driven by full employment, as it is a level that is realistic and long-term sustainable.
Answer:
Donna Pierce
The unpaid balance is:
= $4,243.60.
Explanation:
a) Data and Calculations:
Cash discount on any amount paid within 10 days of the invoice = 2.5%
Sales value of Fabrics bought on January 28 by a client = $14,500
Check made by the client on February 1 = $10,000
Total amount paid through the check = $10,000/100-2.5%
= $10,000/0.975 = $10,256.40
Amount unpaid = $4,243.60 ($14,500 - $10,256.40)
Check:
2.5% discount on $10,256.40 = $256.40 ($10,256.40 * 2.5%)
Trust and the effectiveness of work teams are examples of Intangible resources which are typically embedded in unique routines and practices that have evolved and accumulated over time.
Answer:
The amount of effective interest expense that chaco will record in the first six months is $14,375
Explanation:
interest payment that will be first made is on June 30, Year 1. Therefore, the outstanding balance used in the calculation is the issue price.
The interest expense is calculated by these formula
Interest expense = Effective semiannual interest rate × Outstanding balance
Interest expense = (8% ÷ 2) × $359,378 = $14,375
So the interest expense is gotten as %14,375
There are standards for payroll that are government mandated, including very strict control procedures, and with the transactions occurring very frequently<span>, it causes payroll processing to be repetitive. Many companies find it cost-effective to outsource the process for payroll reports and paychecks. Hope this helps:)</span>
