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rewona [7]
3 years ago
10

According to the interest rate effect, an increase in the price level leads to ________ in the interest rate, and therefore to _

_______ in the quantity of aggregate demand.
Business
1 answer:
galben [10]3 years ago
6 0
According to the interest rate effect, an increase in the price level leads to a decrease in the interest rate, and therefore to a decrease in the quantity of aggregate demand. 
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Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized b
Olenka [21]

Answer:

B

Explanation:

Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized below Job Number:1478 Date Started: 4/07/20x8 Date Completed: 4/22/20x8 Description: Cherry kitchen cabinets Applied Manufacturing Overhead Hours Direct Materials Direct Labor Req No Ticket 128 Amount Hours Amount Rate Amount $375 235 385 18 414 130 588 391 25 395 140 133 9 243 401 215 52 Total 965 Total $1,244 Cost Summary Direct Material Cost 965 Direct Labor Cost 1,244 Applied Manufacturing Overhead Total Cost Green Cabinets applies overhead to jobs at a rate of $12 per direct labor hour.

3 0
4 years ago
Jenny is a line manager at Maxvin Corp. She is assigned the task of understanding and gathering detailed information about the r
ioda

Answer: Option (D)

Explanation:

Job analysis is also referred to as work analysis is known as a family or group of procedures or process taken in order to identify composition of any job in regards with the activities indulged and also job requirements or attributes needed in order to perform these activities. Job analysis tends to provide information of company that helps to evaluate which individual is the best fit for a particular jobs.

7 0
3 years ago
Yesterday, Casey received a cable company ad for bundled TV, telephone, and Internet service that cost appreciably more than wha
aniked [119]

Answer:

a. True

Explanation:

It is true that her situation characterizes what her economics professor's mentioned on stagflation.

She experienced high internet cost more than she is paying, she was also notified on an increase in the utility summer rates, increase in the cost of her schoolbooks, and gasoline all point to what stagflation is.

Stagflation is detected when a nation experiences slow economic growth obvious with an increase in the cost of goods, which means a reduction in purchasing power as Casey experienced. When companies want to still be running their business, they will increase the cost of their services as there are fewer goods available and the currency weakened.

5 0
3 years ago
On July 1, SHady resort borrowed 350,000 cash by signing a 10-year, 8.5 % installment note requiring equal payments each June 30
Nadusha1986 [10]

Answer:

$29,750

Explanation:

Since the Annual Payments of $53,343 are all equal for the period of 10 years at 8.5% installment note, therefore we Simple interest formula here to calculate the interest amount;

I = Prt

P = Principal Amount = $350,000

r = Interest Rate = 8.5%

t = time = 10-year

I = Interest = 350,000 x 0.085 x 10  = 297,500

Hence, the first annual payment of interest expense will be:

= 297,500 / 10 = $29,750

3 0
3 years ago
In a small open economy with a fixed exchange rate, if the government increases government purchases, then in the process of adj
bearhunter [10]

Answer:

The correct option here is A) .

Explanation:

In the given small open economy , if government increase the government purchases than people in the economy will have more or increased money supply, so when the rates are fixed , in the short run , the income will rise with exchange rates remaining same. Thus option A is definitely correct as money supply would be increased to keep exchange rates fixed and augmenting the effects of government spending on income.

4 0
3 years ago
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