The long-run aggregate supply curve shows the relationship between price level and real GDP.
<h3>What is the supply curve?</h3>
It should be noted that the information is incomplete. Therefore, an overview will be given. The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period.
In this case, in a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.
The long-run aggregate supply curve shows the relationship between price level and real GDP that would be supplied if all prices were fully flexible.
The position of the long-run aggregate supply curve is determined by the aggregate production function and the demand and supply curves for labor.
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Answer: The answer is as follows:
Explanation:
M1 is more liquefied than the M2.
M1 consists of:
Demand deposits and other checkable deposits + Traveler's checks + Currency
= 300 + 25 + 100
= $425 billion
In M2 , M1 is also a part of M2.
M2 consists of :
M1 + Small time deposits + Savings deposits + Large time deposits + Miscellaneous categories
425 + $650 + $750 + $600 + 25
= $2450 Billion
Answer: 110 days
Explanation:
The operating cash cycle is the difference between the operating cycle (accounts receivable and inventory) and the payment cycle (accounts payable)
Days of operating cycle = (Days Accounts Receivable + Inventory days) - Days of Accounts Payable
Inventory days = Days Accounts receivable - Days accounts payable - Days of operating cycle
Inventory Days = 40 - 30 - 120
Inventory Days = 110 days
The government, not only of the United States, but of all countries, are in a very obvious way, also an employer. This is because the government needs people to do the task that would allow the body to be efficient in handling subjects concerning people, citizens, and the country.
The employee of the government runs from the president him/herself to the lowest position or authority in small subsection community.
