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3 years ago

"the aggregate demand curve is the sum of all demand curves of all goods and services in the economy"

Business

1 answer:

liraira [26]3 years ago

8 0

Answer:

A. True

Explanation:

Aggregate demand refers to the desire and the will to purchase a specified quantity of all the final goods and services produced in a country at a specific price level at different points of time.

An aggregate demand curve is downward sloping, implying increasing demand at lower price levels and decreasing demand at higher price levels.

Aggregate demand = Consumption (C) + Investment (I) + Government Expenditure (G) + Net Exports (NX) = GDP at market price

C represents the consumption goods demand by individuals and households.

I represents the private corporate spending on investments in fixed capital assets like plant and machinery and equipments etc.

G represents the government expenditure for the people like on building parks and dams etc and social assistance programmes.

NX represents the exports minus imports.

Hence, we can see that Aggregate Demand accounts for the measure of all the final goods and services produced domestically in a country and thus is the sum of all demand curves of all goods and services in the economy.

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Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goa

olasank [31]

Answer:

Information levels

Explanation:

Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goals, and generating financial analysis across departments and the enterprise as a whole. Ben's duties provide value-added to his company and would be categorized as different information levels

Ben has to manage information on what we can say three different level; individual level which is developing individual goals, team or business unit , which according to the question is departmental goals and generating financial analysis across deparments and on a corporate level, which is the enterprise as a whole which will be reviewed by the executive teamand adding value to the company as a whole.

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3 years ago

Who is demonstrating entrepreneurship? for bca in high school

ollegr [7]

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3 years ago

Rubium Micro Devices currently manufactures a subassembly for its main product. The costs per unit are as follows: Direct mater

MrRa [10]

Answer:D.None of the option is correct, the correct answer is Buy; savings=$203,000

Explanation:

The firm will Incurred the total fixed overhead it decides to make.

The total cost of making 6000 units is $163*6000=$978,000

The total cost of buying is $144*6000= $864,000 and when we deduct $89,000 to be saved from fixed overhead by buying we have a total cost of( $864,000-$89,00) =775,000.

This invariably means the company will save ($978,000-$775,000) which is equal to= $203,000 by buying.

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4 years ago

Match each term with the correct definition.

JulijaS [17]

Answer:

1. Economics - The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.

2. Opportunity cost - The next-best thing that must be forgone in order to produce one more unit of a given product.

3. Marginal analysis - Making choices based on comparing marginal benefits with marginal costs.

4. Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.

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3 years ago

An ad for asian sensations newest product line of snack foods encourages its readers to "thai something new." the creatives who

maksim [4K]

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3 years ago