Answer:
d. downward and cause output to decrease
Explanation:
As we know that
Aggregate demand = Consumption expenditure + government expenditure + net export
Where,
Net export = Export - import
In the case when there is a reduction in the consumer spending so it would be expected that the aggregate demand curve would be shifted to the downward due to which it results in reduction in output
Therefore the option d is correct
Expansionary monetary policy has people concerned about future inflation, which is causes an increase in expected inflation. this will cause the Phillips Curve to shift right.
The trade-off between unemployment and inflation in an economy is represented by a Phillips curve. According to Keynesian macroeconomics, a fiscal expansion that moves the aggregate demand curve to the right can end a downturn.
The long-run Phillips curve will move to the right (because the natural rate of unemployment increases) if structural unemployment increases because people' job abilities become obsolete.
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Answer:
A)equilibrium price
Explanation:
From the question we are informed about Perggy's Bakes, a bakery in New Orleans that exclusively sells its confectionery products online, makes its products only when it receives an order. The bakery produces the products as per the order and delivers to the customer's homes. It does not produce any excess products. In the given scenario, the price associated with the demand and supply of the products at Perggy's Bakes reflects the equilibrium price. The equilibrium price can be reffered to as only price in which both desires of consumers and that of producers agree, this can be explained as a situation where by quantity demanded is been equal to quantity supplied. The theory stressed that movement of market tends toward this price, it can also be regarded as "market-clearing price"
Answer:
a. $169,800
Explanation:
As for the provided information we have,
Sales data, for each month
July $120,000
August $211,000
September $198,000
Cash receipt budgeted for September shall be:
36% of sale of the month of July = $120,000
36% = $43,200
60% of sale of the month of August = $211,000
60% = $126,600
Thus, total expected amount = $169,800
Therefore, correct option is
a. $169,800