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Rufina [12.5K]
3 years ago
14

"An inflationary gap exists when AD and SRAS" :

Business
2 answers:
lozanna [386]3 years ago
8 0

Answer: The Answer IS A.

Explanation: fail to Intersect

svetoff [14.1K]3 years ago
8 0

Answer: b). Intersect to the right of Natural Real GDP.

Explanation: Inflation is a persistent increase in the general price level of goods and services in an economy over a given period of time.

Inflationary gap describes the difference between the current level of real gross domestic product and the anticipated GDP that would occur if an economy is at full employment.

An inflationary gap however exists when aggregate demand (AD) and short run aggregate supply (SRAS) intersect to the right of natural real GDP.

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Answer:

To find Earning per share, we can find this by the following formula:

Increase in Earnings Per Share = Net profit of new products / Number of shares

and

Net Profit of new products = 5% * $4,898,300 = $244,915

Increase in Earnings Per Share = ($244,915) / 1,456,800 = 16.81%

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Late on summer clothing store managers realize they have many more bathing suits in stock than they can normally expect to sell
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3 years ago
"A 45-year old man earns $150,000 per year and is covered by his employer's 401(k) Plan. He quits" his job and moves to a new co
DaniilM [7]

Answer:

Not to leave previous job.

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3 years ago
Use the information below to answer questions 4-7. Drake Company's income statement for the most recent year appears below:
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Answer:

(A) $731,250

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