Answer: aggregate demand; left; lower; lower; higher
Explanation:
If the economy is initially in equilibrium at full employment real GDP (QN), and a stock market crash reduces household wealth and lowers investor confidence, ceteris paribus, the (aggregate demand) curve will shift to the (left) resulting in a (lower) price level (P), (lower) output/real GDP level (Q), and (higher) unemployment level (U).
It should be noted that the crash in the stock market will lead to lesser funds in the economy and lessee funds with households and this will lead to reduction in the demand for goods which will shift the demand curve to the left.
aggregate demand; left; lower; lower; higher
Answer: permanent
Explanation:
From the question, we are informed that Tang City received land from a donor who stipulated that the land must remain intact, but any income generated from the property may be used for general government services.
Based on the above scenario that have been explained, the donated land should be recorded in the permanent funds.
Answer:
$132,000
Explanation:
The purchase price of the new machine is $109,000
Transportstion cost is $12,000
Installation cost is $5000
Special acquisition fee is $6000
Therefore the cost basis can be calculated as follows
= $109,000 + 12,000 $5,000+ $6000
= $132,000
Hence the cost basis is $132,000
Answer:
Skilled labour.
Explanation:
A skilled worker is one that posses training, special skill, knowledge and ability in a particular field. The skill learner could have been from school with the evidence of a bachelor's, masters, or doctorate degree. It could also be learner on the job.
Skilled labour usually require prolonged training, workers are specialised and highly trained to work on complex tasks.
Examples of skilled workers are policemen, engineers, doctors, pharmacists, soldiers, and accountants.
Answer:
113,000.
Explanation:
Let go through all the items to see whether we need to include them in the initial outlay or not.
(1) $100,000 worth of equipment => Yes
(2) Shipping will cost $5,000 and installation will cost $8,000 => Yes (Add to purchase price of equipment)
(3) Paid a management consultant $4,000 to analyze this project => No =>This is sunk cost (already incurred regardless of accept or reject the prject)
(4) Increase sales by $20,000 per year => No => under operating cashflow.
(5) $3,500 to train the employees to use the new equipment => No => under operating cashflow.
So, total initial outlay = 100,000 + 5,000 + 8,000 = 113,000.