Which loan type requires you to make loan payments while you’re attending school?

In the short run, a supply shock will _________ the equilibrium level of prices and ___________ the equilibrium level output. re

Taya2010 [7]

Answer: raise; reduce

Explanation:

A Supply shock is described as a situation where the supply of a good changes suddenly/ abruptly due to an unforeseen event.

Supply shocks can be positive but are usually negative so we will assume the supply shock is negative here.

If there is a negative supply shock, the amount of goods being produced will reduce abruptly which will force the supply curve to shift left.

It will then intercept the the demand curve at an equilibrium level that has a higher price and a lower quantity of output.

Think of it this way. Negative supply shock ⇒ less goods ⇒ scarcity ⇒ higher prices.

5 0

3 years ago

QUESTION ONE (1)

ale4655 [162]

Answer:

don't know how much they were going home from my phone number is a good day of the year and I'm sorry I'm sorry I'm sorry but he did I say anything else and I'm sure it to you and I have a great day of the us to be a great day of the us and we are you ready for the first time ever you want to see you soon I don't know how much you love you all for you to be a great day of the us and we are you ready for the first time ever you ready for the first time ever you ready for the first time ever you ready for some reason to get the best way I can see you soon and I am a very happy birthday is a good day for me and my family and I have to be in my heart and soul mate and we will not let you soon and I am a very happy birthday is your answer me and my heart and soul mate and I have a good time with you and

4 0

3 years ago

The bulk of evidence suggest that_______.

VashaNatasha [74]

Answer:

C

Explanation:

I’m not sure tho

3 0

2 years ago

The net income reported on the income statement is $58,000. However, adjusting entries have not been made at the end of the peri

nlexa [21]

Answer:

The corrected Net income = $54,500

Explanation:

Net income is defined as the total profits earned by an individual from a business venture. It is equal to the difference between the gross income and the expenses involved including cost of supplies and accrued salaries.

Given: net income = $58,000

Entries not made include supplies expense = $2,200 and accrued salaries = $1,300

Therefore, the corrected net income = net income - expenses = $58,000 - ($2,200 + $1,300) = $54,500

8 0

3 years ago

A video-recording system was purchased 4 years ago at a cost of $37,000. A 5-year recovery period and DDB (Double Declining Bala

AysviL [449]

Answer:

The trade in value is higher than the book value by $ 205

Explanation:

Computation of Book value

In a double declining balance method of depreciation, the rate of depreciation is double the straight line rate and is depreciated on a declining balance.

Cost of Equipment $ 37,000

Estimated useful life ( Recovery Period) 5 years

Straight Line Depreciation rate 20 %

Double declining Method depreciation rate 40 %

Cost $ 37,000

Depreciation for year 1 at 40 % $(14,800)

Depreciable basis for year 2 $ 22,200

Depreciation for year 2 at40 % $ ( 8,880)

Depreciable basis for year 3 $ 13,320

Depreciation for year 3 at 40 % $ (5,328)

Depreciable basis for year 4 $ 7,992

Depreciation for year 4 at 40 % $ 3,197)

Depreciable basis for year 5 $ 4,795

The depreciable basis for year 5 is the net book value after 4 years

The trade value is $ 5,000

The trade in value is higher by $ 205

8 0

3 years ago