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
joja [24]
3 years ago
8

Imagine that in 2010, the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some t

ime. Refer to Refer to Stock Market Boom-2010. How is the new long-run equilibrium different from the original one?
Business
1 answer:
ch4aika [34]3 years ago
7 0

With this the price level will rise and the real GDP will also rise.

<u>Explanation:</u>

With the increase in the stock prices, the price level of the stocks will definitely increase and a boom in the market will increase the level of the gross domestic product of the country which tells the rate of the country at which it grows.

This leads to the increase in the level of the growth of the country with more development, more opportunities for employment, more utilization of the resources and so on.

You might be interested in
The total manufacturing cost variance is a.the flexible budget variance plus the time variance b.the difference between planned
Mademuasel [1]

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • A Cost variance seems to be the gap and difference between the expected expenditures incurred as well as the projected regular expenditures at just the start of such a time frame.
  • Such variances have been used by administrators to assess and monitor the progress including its supply chains, expenditures as well as other activities.

⇒  Cost variance = Actual cost - Standard cost

Some other available options have no connection with the given case. So choice C seems to be the perfect solution to that.

4 0
3 years ago
5) A car rental company offers two plans for one way rentals. Plan I charges $36 per day and 17 cents per mile. Plan II charges
Rom4ik [11]

Answer:

a. Plan I is better is we drive 300 miles in a day.

b. 150 miles.

Explanation:

a. if mileage is 300 then rental charges will be,

Plan I : $36 + 17 cents * miles

$36 + 0.17 * 300 = $41.10.

Plan II : $24 + 25 cents * miles

$24 + 0.25 * 300 = $99.00

Plan I total cost for 300 miles is $41.10 whereas Plan II total cost for 300 miles is $99.00. Plan I is better plan and cost effective.

b. For mileage (m) calculation we will use equation;

Plan I = Plan II

$36 + 0.17m = $24 +0.25m

0.25m - 0.17m = $36 - $24

m = $12 / 0.08

m = 150 miles.

6 0
3 years ago
You decide that the best way to get hats and mittens to children is to start a business that sells hats and mittens. For every h
Marina CMI [18]

The main reason why a person would set up this business as a benefit corporation is to help school children.

<h3>What is a Business?</h3>

This refers to the buying and selling of goods or services with the main aim of making a profit.

Hence, we can see that based on the given scenario, there is the business of selling mittens and hats and also giving out a number for free to students, and the main reason why a person would set up this business as a benefit corporation is to help school children.

Read more about benefit corporations here:

brainly.com/question/13648699

#SPJ1

4 0
2 years ago
Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of
attashe74 [19]

Answer:

In the country that promotes free-market economy is expected to start seeing firms arriving in this country and invest in those activities where this country has a comparative advantage.

Explanation:

This would lead to an efficient allocation of productive resources taking the economy to optimum production. The technology and tools will rapidly spread, and the industrialization process will be achieved. In the other country, investment and technology implementation is lead by the government allocating resources inefficiently and delaying industrialization.

8 0
3 years ago
During Heaton Company's first two years of operations, the company reported absorption costing net operating income as follows:
const2013 [10]

The unit product cost under variable costing is computed as follows:

Direct materials                                    $ 4

Direct labor                                               7

Variable manufacturing overhead           1

Variable costing unit product cost      $12

With this figure, the variable costing income statements can be prepared:

                                                                  Year 1                          Year 2

Unit sales                                                40,000 units             50,000 units            

Sales                                                       $1,000,000               $1,250,000

Variable expenses:

The variable cost of goods sold

($12 per unit)                                        480,000                   600,000

Variable selling and administrative

expenses ( $2 per unit)                        80,000                    100,000

Total variable expenses                         560,000                   700,000

 

Contribution margin                               440,000                     550,000

 

Fixed expenses:

 Fixed manufacturing overhead            270,000                    270,000

Fixed selling and administrative             130,000                     130,000

expenses

Total fixed expenses                               400,000                    400,000

Net operating income                            $40,000                     $150,000.

An annual record is a record that public organizations must provide annually to shareholders that describes their operations and economic situations. a report that gives unique information approximately what a corporation has completed and how successful it has been.

Learn more about Income statements here:-brainly.com/question/21851842

#SPJ4

7 0
1 year ago
Other questions:
  • Ahnberg Corporation had 560,000 shares of common stock issued and outstanding at January 1. No common shares were issued during
    10·1 answer
  • A monetarist would argue that a. prices are inflexible. b. wages are inflexible. c. changes in M in the short run can cause Real
    6·1 answer
  • You purchase fire insurance<br> a. Reduction<br> b. Transfer
    13·1 answer
  • If textbooks and study guides are complements, then an increase in the price of textbooks will result in
    14·1 answer
  • Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the
    11·1 answer
  • Sprinkle Co. sells its product for $60 per unit. During 2016, it produced 60,000 units and sold 50,000 units (there was no begin
    8·1 answer
  • A lawyer cannot represent both the plaintiff and the defendant because of
    10·1 answer
  • Overall what statement is most true of Judith
    9·1 answer
  • If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and e
    13·1 answer
  • A company is a devout follower of Confucian ethics. Hence, it hires people who live by similar principles. What is most likely t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!