Ask question

Ask question

All categories

2 years ago

13

Aggregate demand is more likely to _________________ than aggregate supply in the short run. A. shift substantially B. remain un

changed C. decrease substantially D. increase slightly

1 answer:

natali 33 [55]2 years ago

4 0

Aggregate demand is more likely to _A. Shift substantially_than aggregate supply in the short run.

You might be interested in

Three students have each saved $1,000. Each has an investment opportunity in which he or she can invest up to $2,000. Here are t

Scorpion4ik [409]

Answer:

Student Money a Year Later:

Harry = Money saved + student return * money saved = $1000 + (5% * 1000) = $1050

Ron = Money saved + student return * money saved = $1000 + (8% * 1000) = $1080

Hermione = Money saved + student return * money saved = $1000 + (20% * 1000) = $1200

Explanation:

a) Student Money a Year Later:

Harry = Money saved + student return * money saved = $1000 + (5% * 1000) = $1050

Ron = Money saved + student return * money saved = $1000 + (8% * 1000) = $1080

Hermione = Money saved + student return * money saved = $1000 + (20% * 1000) = $1200

b) A student would choose to be a borrower in this market if his or her expected rate of return is greater than the interest rate and lends if his or her expected rate of return is less than the interest rate

c) If interest = 7%, Harry would want to lend while Ron and Hermione would want to borrow. The quantity of funds demanded would be $2,000, while the quantity supplied would be $1,000. If interest = 10%, only Hermione would want to borrow. The quantity of funds demanded would be $1,000, while the quantity supplied would be $2,000.

d) At an interest rate of 8%, the loanable funds market among these three students would be in equilibrium. At this interest rate Hermione would want to borrow, and Harry would want to lend.

e) At equilibrium:

Harry = $1000 + (8% * 1000) = $1080

Ron = $1000 + (8% * 1000) = $1080

Hermione = $2,000(1 + 0.20) – $1,000(1 + 0.08) = $2,400 – $1,080 = $1,320

Both borrowers and lenders are better off. No one is worse off

4 0

3 years ago

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,100 of dir

Zina [86]

Answer:

Total work in process = $12,900

Explanation:

Provided information,

Cost incurred during the month on this order

Direct Materials = $2,100

Direct Labor = $3,600

Provided overheads are 200% of the direct labor cost = $3,600 $\times$ 200% = $7,200

Thus month end balance of work in process = $2,100 + $3,600 + $7,200

Total work in process = $12,900

Note: additional information regarding expenses to be incurred is to be ignored, and the above value is the value of work in process.

Total work in process = $12,900

7 0

3 years ago

On November 1, 2018, Quantum Technology, a geothermal energy supplier, borrowed $16 million cash to fund a geological survey. Th

coldgirl [10]

Answer:

cash 16,000,000 debit

note payable 16,000,000 credit

-- to record issuance of the note--

interest expense 240,000 debit

interest payable 240,000 credit

--to record december 31th adjsuting entry--

note payable 16,000,000 debit

interest expense 1,200,000 debit

interest payable 240,000 debit

Cash 17,440,000 credit

-- to record honor of the note --

Explanation:

Timeline

<--//---------------//-------------------------//-->

Issuance adjusting entry maturity

Issuance: the note enter the accounting at his face value along with the cash received.

adjusting entry at year-end

the company recognize the accued interest expense for 2 complete months (Nov 1st to Dec 31th)

16,000,000 x .12 x 2/12 = 240,000

at maturity Quantum Technology pays the principal and interest:

16,000,000 x .12 x 9/12 = 1,440,000

but a portion of this interest are accrued already an recognize as a payable so we write-them off.

5 0

3 years ago

What is the optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly

BaLLatris [955]

<span>Optimal procurement: input well-defined and measurable quality ... A type of exchange that occurs when the parties to a transcation have made specialized investments. .... make spot exchange an unattractivemethod of procurement due to ...</span><span>
</span>

6 0

3 years ago

Willow Golf Course is planning for the coming golfing season. Investors would like to earn a 15% return on the company's $58,000

Ira Lisetskai [31]

Answer:

The operating profit is $4,800,000

Explanation:

We know that,

The operating profit would equal to

= Sales - variable cost - fixed expenses

where,

Sales = Number of rounds of golf × selling price per unit

= 600,000 rounds × $75

= $45,000,000

Variable cost = = Number of rounds of golf × selling price per unit

= 600,000 rounds × $17

= $10,200,000

And, the fixed expenses is $30,000,000

Now put these values to the above formula

So, the value would equal to

= $45,000,000 - $10,200,000 - $30,000,000

= $4,800,000

3 0

3 years ago