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photoshop1234 [79]
3 years ago
13

In the neoclassical model, which is the most accurate explanation for the information depicted in the aggregate demand curve? As

sume that the aggregate demand curve is not changing
a) An increase in RGDP consumed leads to a higher price level.
b) An increase in RGDP consumed leads to a lower price level.
c) An increase in the price level leads to more RGDP consumed.
d) An increase in the price level leads to less RGDP consumed.
Business
1 answer:
pychu [463]3 years ago
5 0

Answer:

a) An increase in RGDP consumed leads to a higher price level.

Explanation:

RGDP will increase: When AD shifts right means, demand increases more and economy is performing past its potential and therefore, the production would increase leading to increase in real GDP(RGDP)

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Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common
Viktor [21]

Answer:

June 30, repurchase of 100 shares:

Dr Treasury stock 4,000

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Explanation:

The other journal entries should be as follows

July 20, resale of 50 shares:

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3 years ago
Rex's doughnuts can produce only 100 doughnuts a day. the variable cost incurred per unit is $2 and fixed costs incurred per day
vladimir1956 [14]
The total cost that is incurred by producing 100 doughnuts is equal to the sum of the variable cost and the fixed cost. The total variable cost is,
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The total cost is,
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     TC = $200 + $500 = $700

Equating the cost and the revenue,
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The value of x from the equation is $7.

ANSWER: $7. 
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3 years ago
Your younger sister needs $50 to buy a new bike. she has opened a lemonade stand to make the money she needs. your mother is pay
Elis [28]

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Sergio039 [100]

Answer and Explanation:

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B. Buying a hybrid car: A hybrid car is sometimes described as expensive and luxury products. It's moreover a non-necessity commodity for a college student. These decisions are therefore usually affected by secondary community. And a high degree of control in the comparison community will only inspire a student to buy a car.

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D. Becoming a vegetarian: It takes a high degree of influence and motivation to become a vegetarian.

Thus the aspirational group influences a student. So they opt for vegetarianism to become part of such a community. Such decision taking involves a high degree of control.

E. Option of a computer tablet like the iPod: these products are a luxury commodity sold at regular prices. Typically refer to their families , friends, magazines before making a purchase student to get an idea about the output and price of these products. These goods are the weak product with a strong brand and a strong purchase is controlled by a strong reference community impact.

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3 years ago
Trade deficits usually occur when crops are in short supply.<br> O True<br> O False
FromTheMoon [43]
I think the answer is true, but if I’m wrong sorry
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