Answer:
B) The SRAS curve will shift to the right, and the short‐run Phillips curve will shift downward.
Explanation:
When the price of key inputs decreases, then the short-run aggregate supply (SRAS) curve shifts to the right, generally resulting in higher production levels (higher supply) due to lower production costs. On the other hand, when the price of key inputs increases, then the SRAS curve shifts to the left.
When inflation expectations decrease or SRAS curve shifts to the right, the short-run Phillips curve shifts to the left.
For this case, what you should remember is the demand curve.
The vertical axis represents the price.
The horizontal axis represents the quantity.
In this curve we see that the quantity demanded decreases at a higher price.
The lower price the quantity demanded increases.
Answer:
<span> b. the income effect.
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Answer:
The answer is: A) In a successful purchase, every stage in the process has to happen.
Explanation:
Sometimes we as customers don´t have the time or are unable to follow all the stages in the consumer decision process. Many times it depends on what need we want to satisfy. For instance, if we are hungry or thirsty we might decide to eat at the first restaurant we find. It doesn´t mean we made a bad choice, it simply happened that way because we didn´t have time to research about all the restaurants in the area and then evaluate and decide which one was the best for us. Many daily purchases are part of our daily routine. Imagine how many hours we would spend at a grocery store if we had to follow every step of the process.
On the other hand, if I´m searching for a new house, I will follow steps one through five several times, over and over again until I finally decide which house to buy.
Answer:
The correct answer is 'Deferred Revenue'.
Explanation:
The Deferred Revenue account relates to the account in which a specific amount of payment is received in advance by the organization for the goods that are not delivered or, for the services which have not been implemented yet. They are shown on the balance sheet of the organization on the liability side.
Thus, according to the scenario given, the Deferred revenue account will be credited, when the gift is received, but neither of the conditions is met.
Answer:
A. Investment
Explanation:
The money that you need to pay to purchase and acquire a part of a company is an investment. This investment can be used, for example, to buy stock. A stock is a title of ownership of a company for the percentage of the company that the stock represents. If I own 100 stocks that represent 1% of a company, then, I own 1% of that company. In other words, my investment (my money) is worth 1% of said company.
