The increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.
<h3>What is Aggregate Demand Curve?</h3>
An aggregate demand curve can be described as curve that shows the total spending that is made on domestic goods and services based on different price levels.
When the aggregate demand curve shifts to the right, it means demand is increased. However, wen aggregate demand curve shifts to the left, it means demand decrease.
Recession that happened in 2007-2009 that made many consumers pessimistic about their future incomes discourages buying. This leads to a decrease in demand which will make the aggregate demand curve to shift to the left.
Therefore, the increased pessimism will affect the aggregate demand curve by: shifting the aggregate demand curve to the left.
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The answer is "file a certificate of limited partnership"
The answer will be An excess of production.
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Answer:
The correct answer is B. Maintenance of control over unused checks.
Explanation:
Risk of material misstatement is the risk that the financial statements contain material misstatements prior to the performance of the audit. The risk comprises two components, described as follows, in the statements:
Inherent risk - Susceptibility of a statement about a type of transaction, accounting balance or other disclosure of information to a misstatement that could be material, either individually or in aggregate with other inaccuracies, before taking into account the possible corresponding controls.
Control risk - Risk that an error that could exist in a statement about a type of transaction, accounting balance or other information relief, and that could be material either individually or in aggregate with other inaccuracies, is not prevented, or detected and corrected in a timely manner, by the entity's internal control system.
