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
salantis [7]
3 years ago
8

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.

You might be interested in
EPS (Earning Per Share) is:_____.
olchik [2.2K]

Answer:

d) dividing net profit by the number of current shares.

Explanation:

The formula to compute the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Outstanding Number of shares)

Basically we divide the net income or net profit after considering the preference dividend and then divided it by the outstanding number of shares so the earning per share could come

7 0
3 years ago
Blue ace autos inc. and ferdova autos inc. are two competing automobile companies. while blue ace autos' cost of goods sold/reve
Galina-37 [17]
Given:
Blue Ace Autos Inc: cost of goods sold / revenue = 63.4%
Ferdova Autos Inc.: cost of goods sold / revenue = 54.2%

The percentage rate represents the part of the revenue that the cost of goods sold is a part of. This means that the revenue is 100%. The difference of the revenue and cost of good sold is the profit. The higher the percentage of the profit, the better.

Blue Ace Autos Inc: 100% - 63.4% = 36.6%
Ferdova Autos Inc: 100% - 54.2% = 45.8%

Ferdova Autos Inc. earn a higher profit (45.8% of revenue) than Blue Ace Autos Inc (36.6% of revenue).
7 0
3 years ago
The price elasticity of demand for lightbulbs is likely to be unit elastic because
Montano1993 [528]

Answer:

The correct answer is: is relatively inelastic because there are very few substitutes for lightbulbs.

Explanation:

The demand for unit elasticity is an intermediate situation between an elastic and other inelastic demand curve, so that the price elasticity is equal to one, which means that in the face of variations in price, the total ingrowth (price per cantidad), if it decides, if the price increases, the demanded cantidad will diminish in an amount such that the previous and the present in the same ones. The same would occur in the case that the price had fallen, the song would increase so much that the ingrowth remained constant.

7 0
3 years ago
Costs that differ directly with the level of production are known as ________.
Ivanshal [37]
<span>Costs that differ directly with the level of production are known as variable cost</span>
3 0
3 years ago
Compared to attending a technical school, completing a four-year college degree allows you to (4 points)
OLEGan [10]
<span>Compared to attending a technical school, completing a four-year college degree allows you to select from a wide range of careers.
When you get a college degree, you can choose to specialize in any area of study that you want, and thus you have many more options to choose from. However, a college degree is far more expensive than a technical school. You won't necessarily enter the workforce sooner, because you have to have knowledge, and not only a degree. You won't avoid student loans because, as I said, college is expensive.
</span>
8 0
4 years ago
Other questions:
  • After Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy.
    10·2 answers
  • What is one advantage that the system illustrated below gives to countries that are involved in the global economy? A. It permit
    8·1 answer
  • Why can trendy items be made more cheaply than wardrobe staples?
    7·1 answer
  • In ___, a committee or group of people often make the buying decision and consider the organization's objectives, purchasing pol
    6·1 answer
  • First Link Services granted 20 million of its $1 par common shares to executives, subject to forfeiture if employment is termina
    10·1 answer
  • Which option best describes a professional person?
    15·1 answer
  • 8. Which factor is considered the most critical in determining where customers choose to shop?
    14·1 answer
  • Some people contend that any ____ worldview will eventually fail because it wrongly assumes we now have or can gain enough knowl
    5·1 answer
  • What kind of employees can fill the three levels of management​
    9·1 answer
  • Assess the trade-offs that investors face when making investment decisions, and provide one example of such a trade-off.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!