1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRissso [65]
3 years ago
10

Suppose an economy is in long-run equilibrium. an increase in consumption expenditure will

Business
1 answer:
Montano1993 [528]3 years ago
6 0
When an economy is at long-run equilibrium it means the employment rate is equivalent to the natural employment rate, the actual price level being equal to the objected or anticipated price level and the GDP is at the potential output. Therefore, an increase in consumer expenditure will cause an increase in the price level but will have no effect of the GDP in the long run. The demand curve will shift rightward and increase the out put in the long run.
You might be interested in
Write any four advantages of living in a community<br><br>​
Lina20 [59]
When you live in a community there is a sense of belonging since people know each other

When you live in a community there is usually security or neighborhood watch to keep you safe

When you live in a community there is cooperative because of there isn’t it won’t be a very happy community

There is a lot of places to be social in a community

When you live in a community there is a cleaner environment due to the city cleaning it
8 0
3 years ago
Stores are overflowing with the latest vampire novel at $10. Store managers are frustrated with the lack of sales. The equilibri
Ket [755]
Though I have no experience in business, I would say it is True.
3 0
3 years ago
For many in the baby-boom generation, the kennedy assassination represents a ________, an exceptionally clear recollection of an
earnstyle [38]
For many in the baby boom generation, ......................................... represents a FLASHBULB MEMORY, an .......................... event.
 A flash bulb memory refers to a detailed and vivid memory which is stored on one occasion and is retained for a life time. Such memory are usually related to important autobiographical events or other types of memories that are unforgettable. 
4 0
3 years ago
If a gain of $221000 is realized in the cash sale of a building having a book value of $882000, the total amount reported in the
djyliett [7]

Answer:

$1,103,000

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

For assets disposed, the amount received from the disposal is the amount recorded as an investing activity.

Amount received  - Book value of asset = Gain on disposal

Amount received = $221000 + $882000

= $1,103,000

8 0
3 years ago
What management function is production manager Cedric Stein using when he orders aluminum component parts (bumpers, drive trains
N76 [4]

Answer:

Purchasing

Explanation:

In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.

When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry

Therefore in the  given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used

5 0
3 years ago
Other questions:
  • Meadow Company produces hand tools. A sales budget for the next four months is as follows: March 10,500 units, April 13,600, May
    10·1 answer
  • Tessa is trying out a new vinaigrette recipe and can't remember the common ingredient ratios. Which of the following is the typi
    9·2 answers
  • Victor works for a company that highly values performance-oriented traits, such as achieving a certain level of sales and increa
    15·1 answer
  • Review and evaluate is an important step in the risk management process because conditions change and mistakes may be identified
    15·1 answer
  • Ano ang pagkakapareho ng mga katangiang pisikal na matatagpuan sa pilipinas ayon sa nabsang teskto?
    12·1 answer
  • Butter melts when you heat it in a pan
    10·1 answer
  • Which resource management activity establishes common definitions for capabilities of personnel, equipment, teams, supplies, and
    9·1 answer
  • Rev. Elvin Snider is the ordained minister at Crossroads United Methodist Church. His salary on his Form W-2 is $20,000. He also
    5·1 answer
  • Carr Manufacturing makes a product that incurs prime costs of $320,000. Production uses 1,000 setup hours and 1,900 machine hour
    8·1 answer
  • Swifty Corporation had the following selected transactions.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!