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3 years ago

Both supply and demand concepts rest on the relationship between quantity supplied or demanded.

Business

1 answer:

Rashid [163]3 years ago

7 0

Answer:

False

Explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

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When a financial friction is added to the short-run model it: Group of answer choices shifts the MP curve up. shifts the IS curv

Alexeev081 [22]

Answer:

When a financial friction is added to the short-run model it: shifts the MP curve up.

Explanation:

The short-run model, IS/MP model, describes the Investment-Savings/Monetary Policy model used by the US Federal Reserve to decrease the real interest rate through the Federal Funds rate, i.

The Federal Funds rate is the interest rate that commercial banks with excess reserves lend to others in deficit. The resulting shift occasions a decrease in the real interest rate which triggers an increase in the inflation rate, and vice versa. With such short-run changes in the interest rate, inflation and output is influenced in desirable directions by the Federal Reserve as a foundation to achieve long-term shifts in the AD-AS model.

The AD-AS model is a long-term model that describes Aggregate Demand and Aggregate Supply which impact long-term inflation, interest rates, and output.

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2 years ago

A small country that uses the U.S. dollar as its currency is measuring its GDP for the current year. Personal consumption expend

statuscvo [17]

Answer:

$117,800

Explanation:

GDP formula is:

GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)

Last year, C= $69,000 and it increased 10% (100%+10%=110%),

This year: C= $69,000*1.10= $75,900.

Last year: I= $18,000 and it decreased 5% (100%-5%=95%).

This year: I= $18,000*0,95= $17,100

Last year: G=$19,000 and it increased by 20% (100%+20%=120%)

This year: G= $ 19,000*1.20=$22,800

Last year: X-M= $2000 and it remained the same

This year: X-M= $2000

Current year´s GDP= $75,900+$17,100+$22,800+$2000= $117,800

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2 years ago

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads,

photoshop1234 [79]

Answer: MFP= 4.00±0.01

Explanation:

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3 years ago

Read 2 more answers

Which of the following is not true in regard to selling fixed assets?

hichkok12 [17]

Your answer is C. Accumulated Depreciation will be credited. :D

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2 years ago

During 2019, Globe Life Corporation had following transactions affecting stockholders' equity: a. Feb. 1 Repurchased 230 shares

natali 33 [55]

Answer:

The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1

Explanation:

Feb 1.

Common Stocks 230*1 Dr.$230

Paid in capital in excess of par 230*(22-1) Dr.$4,830

Cash 230*22 Cr.$5,060

b. Jul 15

Cash 130*23 Dr.$ 2,990

Common Stocks 130*1 Cr.$130

Paid in capital in excess of par 130*(23-1) Cr.$2,860

c.Oct 1

Cash 100*21 Dr.$2,100

Common Stocks 100*1 Cr.$100

Paid in Capital in excess of par 100*(21-1) Cr.$2,000

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2 years ago