If increased government spending spurs a short-run expansion. The statement that complete the gap is:<u> Shifts to the left</u>, <u>Output endresources.</u>
<h3>What is aggregate supply?</h3>
Aggregate supply can be defined as the overall amount of goods and service that a firm intend to produce and supply at a point in time or at a particular period of time.
If an increase in government spending lead to short run expansion this means that there will be shift in aggregate supply of goods and service as aggregate supply will tend to shift to the left.
Therefore the statement that complete the gap is:<u> Shifts to the left</u>, <u>Output endresources.</u>
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Answer:
to assist the low income at a cost to society, in convenient, affordable housing.
Explanation:
Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Basically, rent control is considered to be a price ceiling.
Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.
Answer:
a) 7% as their market price will adjsut to give the same yield as the market
b) bond P = -10.17
bonds D = 10.07
Explanation:
we have to calcualte the price variation of the bonds from now (10 years to maturity) to next year (9 years)
Bond P
C 90.000
time 10
rate 0.07
PV $632.1223
Maturity 1,000.00
time 10.00
rate 0.07
PV 508.35
PV c $632.1223
PV m $508.3493
Total $1,140.4716
then, at time = 9
C 90.000
time 9
rate 0.07
PV $586.3709
Maturity 1,000.00
time 9.00
rate 0.07
PV 543.93
PV c $586.3709
PV m $543.9337
Total $1,130.3046
Capital loss: 1,130.30 - 1,140.47 = -10.17
We repeat the process for bond D
C 50.000
time 10
rate 0.07
PV $351.1791
Maturity 1,000.00
time 10.00
rate 0.07
PV 508.35
PV c $351.1791
PV m $508.3493
Total $859.5284
C 50.000
time 9
rate 0.07
PV $325.7616
Maturity 1,000.00
time 9.00
rate 0.07
PV 543.93
PV c $325.7616
PV m $543.9337
Total $869.6954
Capital gain: 869.70 - 859.53 = 10.07
Answer:
b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.
Explanation:
The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.
Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.
In this scenario the case can be tried in federal court because it can handle cases across state borders.