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3 years ago

If actual output exceeds potential output for a prolonged period of time, we would eventually expect factor prices to:

Business

1 answer:

Andru [333]3 years ago

7 0

Answer:

The correct answer is option A.

Explanation:

The potential output represents the full employment level of output. If the actual output is greater than the potential output level for a long time, it implies that the economy is experiencing inflation.

In the case of inflation, the general price level rises, so the factor prices will rise as well. This increase in factor prices will further increase the cost of production.

This increase in the cost of production will consequently cause the supply to decrease shifting the SAS or short-run aggregate supply curve to the left.

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Shawn and Harry signed a contract for Shawn to build a house for Harry according to the specifications provided by Harry. The co

Nostrana [21]

Answer:

C) if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.

Explanation:

From the question Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. But Shawn did not follow the specifications now Harry doesn't want to pay him the contract amount.

Under doctrine of specific performance, Harry can pay less money than the contract price. Because Shawn has performed substantially, he is not entitled to receive the contract price as agreed.

4 0

3 years ago

How did the relationship between Parliament and the Restoration monarchs, Charles II and James II, change following the English

Tatiana [17]

Answer:

The monarchs continued to challenge Parliament's authority.

Explanation:

Following the English Civil War, tensions between the monarchs and Parliament began to grow. Queen Elizabeth did not leave any heir, therefore, James I began the Stuart Dynasty. James I believed in Divine Rule, which was in oppose of Queen Elizabeth's rule who worked with Parliament.

After the English Civil War, the monarchs continues to challenge Parliament's authority. During Restoration monarchs, Charles II and James II, Parliament and monarchs were in conflict with each other.

Therefore, option C is correct.

4 0

3 years ago

Read 2 more answers

The wealth of the owners of a corporation is represented by ________.

Sveta_85 [38]

Answer:

The answer is B. share value

6 0

3 years ago

The following situations should be considered independently. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $

Naddika [18.5K]

Answer:

1. John Jamison Approximately how long will it take John to reach his goal?

2. Jasmine Company What is the interest rate implicit in this agreement?

8,77%

3. Sam Robinson What is the annual payment Sam must make to pay back his friend?

2416,815107

Explanation:

PV x Int Rate x+int.rate N y y*PV

1. John Jamison 30000 1 10% 110% 8 2,143 64307,6643 64307

2.Jasmine Company N Monthly principal interest Net value

33.494

1 6.000 3.062 2.937 30.432

2 6.000 3.331 2.669 27.101

3 6.000 3.623 2.377 23.477

4 6.000 3.941 2.059 19.536

5 6.000 4.287 1.713 15.250

6 6.000 4.662 1.337 10.587

7 6.000 5.071 929 5.516

8 6.000 5.516 484 0

Loan 33494

Monthly: 8

Interest: 8,77%

Monthly payment 6.000

3. Sam Robinson N Monthly principal interest Net value

15000

1 2416,815107 766,815107 1650 14233,18489

2 2416,815107 851,1647687 1565,650338 13382,02012

3 2416,815107 944,7928933 1472,022214 12437,22723

4 2416,815107 1048,720112 1368,094995 11388,50712

5 2416,815107 1164,079324 1252,735783 10224,4278

6 2416,815107 1292,128049 1124,687058 8932,299746

7 2416,815107 1434,262135 982,5529721 7498,037611

8 2416,815107 1592,03097 824,7841372 5906,006641

9 2416,815107 1767,154376 649,6607306 4138,852265

10 2416,815107 1961,541358 455,2737492 2177,310907

11 2416,815107 2177,310907 239,5041998 0

5 0

3 years ago

I knew their support was conditional even though they seemed friendly (use unconditional)

Firdavs [7]

Answer:

I know their support was not unconditional though they seem friends.

Explanation:

If you are the Bhutanese student then I am sure this question came in 2017 BHSEC. Best of luck.

8 0

3 years ago