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3 years ago

Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply.

Business

1 answer:

krek1111 [17]3 years ago

6 0

Answer:

1) A higher price level decreases the real value of consumers' assets.

2) A lower price level makes domestically produced goods less expensive than foreign goods.

Explanation:

The aggregate demand curve represents the number of demands of the goods and services at various price levels. The downward sloping of the demand curve indicates that with the dropping of the price level of a commodity, the demand increases. At the same time, the national income increases as the result of the dropping of the price. There are three reasons why the aggregate demand curve is downward sloping. The reasons are wealth effect, interest-rate effect, and net exports effect.

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What are the benefits of naming a secondary beneficiary in a will? Check all that apply. It could prevent a will from going into

Gnom [1K]

Answer:

• It could prevent a will from going into probate

•It avoids confusion if the primary beneficiary on dies first

•It allows for another option if the primary beneficiary cannot inherit it

Explanation:

A Secondary beneficiary otherwise known as contingent beneficiary is a person or an entity who has been named in a Will, insurance policy or trust to inherit assets therein should the main or primary beneficiary dies before the grantor.

Secondary beneficiary is important because should the primary beneficiary dies first, he is entitled to the benefits therein inorder to avoid confusion as to who should inherit the deceased's assets. It is also important because it provides other option where the primary beneficiary is not able to inherit the will i.e not found at the time of grantor's death or disclaim inheritance in the will, the secondary beneficiary inherits same and also prevent the will from going into probate i.e allowing it to pass through the court process which is oftentimes time consuming .

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3 years ago

Under normal conditions (70% probability), Plan A will produce $20,000 higher return than Plan B. Under tight money conditions (

Lorico [155]

Answer:

A. ($16,000)

Explanation:

The computation of the expected value of return equal to

= (Higher return × probability rate) - (Less return - probability rate)

= ($20,000 × 70%) - ($100,000 × 30%)

= $14,000 - $30,000

= - $16,000

For computing the correct value we have to deduct the tighter money conditions from the normal conditions.

3 0

3 years ago

Anne mcnair is planning to take a course in business communications. her studies are likely to involve two-way exercises that en

natta225 [31]

That statement is True.
<span>two-way exercises always brought a more positive result for any types of the education process.
In order to make the education process become efficient, it is important for the learners to keep an open mind and not afraid to ask answers for the things that they couldn't understand and it is important for the speaker to have a deep knowledge regarding the subject</span>

3 0

3 years ago

Graphic imageA graph titled 'Changes in Employment, by Industry' is shown. Beneath the graph, the source is identified as the St

marissa [1.9K]

Since 1986, it has increased every decade. The points in 1986 were between 60 and 90 million employees. It increased to over 90 million 10 years later, in 2006, and it reached up to 90 and 120 million employees.

7 0

3 years ago

During the most recent month, the following activity was recorded: a. Eleven thousand two hundred pounds of material were purcha

VikaD [51]

Complete question:

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials 4.6 pounds $ 2.50 per pound $ 11.50

Direct labor 0.2 hours $ 12.00 per hour $ 2.40

During the most recent month, the following activity was recorded:

a. Eleven thousand two hundred pounds of material were purchased at a cost of $2.90 per pound.

b. The company produced only 1,120 units, using 10,080 pounds of material. (The rest of the material purchased remained in raw materials inventory.)

c. Five hundred and forty eight hours of direct labor time were recorded at a total labor cost of $6,576.

Solution:

Direct Material price Variance

= (Actual Price - Standard price) x Actual Quantity

= ($2.90 - $2.50) x 10,080 = $4032 (F)

Standard Quantity = 1,120 x 4.6 = 5,152 pounds

Direct Material Quantity Variance

= (Actual Quantity - Standard Quantity) x Standard Price

= (10,080 - 5,152 ) x $2.50 = $12,320 (U)

7 0

3 years ago