It should be noted that the three range of the aggregate supply curve will be the Keynesian, intermediate, and the Classical range.
The aggregate supply curve simply means the quantity of real gross domestic product that is supplied by an economy at different price levels.
The three ranges of the aggregate supply curve are the Keynesian, intermediate, and Classical ranges. In the Classical range, the economy is producing at full employment.
Typically, an increase in aggregate demand (AD) will lead to a rise in the price of the goods that are supplied.
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Answer:
above $3.00
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service. A price ceiling is non binding if it set above equilibrium price. So price above $3 is non binding. A non binding price ceiling has no effect on the market price.
Price ceiling is binding if it is set below equilibrium price.
Equilibrium price is where the demand and supply curve intersects.
I hope my answer helps you
Answer:
10%
Explanation:
Given that,
Interest at last year debt = 8%
Current year cost of debt = 25% higher
Firms paid for debt last year = 10%
Firms paid for debt in current year = 12.50%
Kd - cost of debt
Yield = Interest at last year debt × (1 + increase in cost of debt)
= 8% × (1 + 0.25)
= 8% × 1.25
= 10%
Kd = Yield (1 – T)
Kd = 10% (1 – 0)
= 10% (1)
= 10%
Therefore, after tax cost of debt would be 10%.
Answer:
$375,000
Explanation:
The computation of the amount included in the natural resource is shown below:
= Cost of land & natural resource rights + cost of extraction during year + equipment used for mining + exploration & drilling cost
= $200,000 + $35,000 + $100,000 + $40,000
= $375,000
Hence, all the cost is inlcuded for natural resource except asset retirement obligation for restoring the land as this is not relevant so we ignored it
5,200 + 21,000 + 1,300 + 1,200 = 10,400 ÷ 10 totally investment 1,040 %
