Answer: The correct answer is "A. bilateral.".
Explanation: Windsor, the owner of Windsor's Sandwiches, contacts Gary, a new supplier. He promises Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a<u> BILATERAL </u>contract between them.
It is a bilateral contract because it produces effects and obligations for both parties, Gary is obliged to deliver 20 pounds of cheese the next morning and the owner of Windsor is obliged to pay Gary $ 375 for it.
Answer:
a. a decrease in AD and an increase in AS; fall in the price level and the decrease in real GDP
Explanation:
During a recession, the aggregate demand is the first to decrease. As a result of lower demand, inventories will increase resulting in an increase in the aggregate supply. Recessions tend to decrease inflation, which results in lower price levels and an overall decrease in real GDP. Recessions will continue until the aggregate demand increases again, increasing the aggregate supply.
Answer: See attachment
Explanation:
The solution to the question has been attached. Note that the gross income in the calculation was calculated as:
Salary = $38000
Add: Alimony received = $24000
Add: Rental receipt = $50000
Add: Disability insurance = $1200
Add: Interest Income from corporate bonds = $2200
Interest Income from municipal bonds = 0
Gross income = $105800
Also, tax refund was gotten as:
= 9184 - 685 - 10000 = -1501.
Check attachment for further explanation.
Answer:
Expanding career growth that never requires further training