Answer:
Varies directly with the interest rate.
Explanation:
Varies directly with the interest rate.
The opportunity cost of holding the money will be the earning that can be made by investing the money. Basically, it is the interest rate that an investment provides when money is invested. If the money is not invested and it just held then the interest rate that could be earned is the opportunity cost.
The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand. Hence option C is correct.
<h3>What is aggregate demand ? </h3>
The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level.
Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run. Aggregate demand is the desire or demand for those products, whereas GDP is the total amount of goods and services produced in an economy.
Learn more about aggregate demand here
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Answer:
<u>Cullumber Co.</u>
<u>Comprehensive income statement for the month ended January 2022.</u>
$
Sales revenue 400,000
Less Sales returns and allowances (17,000)
Net Sales 383,100
Less Cost of goods sold (201,500)
Gross Profit 181,500
Less Expenses
Rent expense 33,900
Sales discounts 10,000
Freight-out 6,300
Insurance expense 13,400
Salaries and wages expense 61,200
Income tax expense 5,300 (130,100)
Profit for the Year 51,400
Other comprehensive income 2,000
Total Comprehensive income 53,400
Explanation:
The Comprehensive income statement for the month ended January 2022 has been prepared above.
Personal liability. ...................
