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Alexxandr [17]
3 years ago
8

The long run aggregate supply curve is a vertical line. It is so because it has nothing to do with the price level. It is rather

determined by availability of economic resources and technology. How will the followings shift the long run aggregate supply (LRAS) curve? to the right, to the left? a. climate change permanently reduces the amount of land that can be farmed. b. immigration increases the available supply of labor. c. ageing population takes workers out of the labor force. d. a new law stripping away intellectual property rights reduces the incentive to innovate.
Business
1 answer:
mojhsa [17]3 years ago
5 0

Answer:

a. To the left

b. To the right

c. To the left

d. To the left

Explanation:

a. A reduction in total area to do farming means that the economy will be able to produce less. This will shift the aggregate supply curve to the left.

b. Immigration causes the supply of labor to increase. This means that more labor can be employed in the process of production.

c. A reduction in the labor force due to the aging population will cause the aggregate supply curve to move to the left. This is because, with the fewer labor force, the economy will be able to produce less.

d. A new law that reduces the incentive to innovate will cause the aggregate supply curve to shift to the left. A reduction in innovation means fewer technological advancement.

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If plant assets of a manufacturing company are sold at a gain of $1,000,000 less related taxes of $350,000, and the gain is not
alekssr [168]

Answer:

D. a gain of $1,000,000 and an increase in income tax expense of $350,000.

Explanation:

Given that

The gain is $1,000,000

And, the taxes is $350,000

So here the income statement that disclose the impact is that

There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000

Therefore the option d is correct

hence, the same would be considered

5 0
3 years ago
If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
GuDViN [60]

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

7 0
3 years ago
Steven Washington's weekly gross earnings for the week ending March 9 were $3,340, and her federal income tax withholding was $5
Rashid [163]

Answer:

Washington's net pay was $ 2,564.28.

Explanation:

Given that Steven Washington's weekly gross earnings for the week ending March 9 were $ 3,340, and her federal income tax withholding was $ 567.80, assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, to determine what is Washington's net pay the following calculation must be performed:

(3,340 - 567.80) x (1 - 0.06 - 0.015) = X

2,772.2 x 0.925 = X

2,564.28 = X

Therefore, Washington's net pay was $ 2,564.28.

5 0
3 years ago
A u.s. manufacturer that exports goods made at its u.s. plants for shipment to foreign markets:
iris [78.8K]
A U.S. producer that exports merchandise made at its U.S. plants for shipment to outside markets becomes more focused in remote markets or in foreign markets when the U.S. dollar decreases in values against the currencies or money of the other nations or countries to which it is trading.
7 0
3 years ago
Please help!!
castortr0y [4]
1. List Needs n Wants with explanation

Need (act every human only got 3 needs - clothes, shelter, food n drink) but due following the era ; here is my personal thought

- clothes ( not more or less, just to keep me warm n protect my body)

- foods ( give energy to keep us productive for working out the day)

- home (for shelter from rain, sunny hot day and to sleep in privacy)

- phone (to make sure we haven’t missed anything happening out there and for communicate)

- money (so that all the needs can be fulfilled)

- shoe (protect feet from outdoor floor, tar etc.)

- education ( either paid or unpaid by own research online, books etc. cus world need more peoples with brain)

- news ( to get updated on what’s happening on earth or out. Inc online news, formal or informal)

- mask (due to new norm)

- goals ( dream as high as the sky, atleast when u fall u would falling among the stars or less on top of the mountain)

- air (nobody lives without it)

Want
- Car (to move from place to place faster)

- internet •esp wifi (to get stay connected with information and communicate more easily with people online)

- Starbuck coffee (normal coffee is fine tho, but Starbucks is win)

- Laptop (to do work and easier to join class/meeting online due to we got a lots of WFH nowadays)

- Air-cond ( to sleep soundly and extra comfort to stay at home )

- TV ( for entertainment and news )

- Fridge (to keep foods n beverages fresh and cool)

- Make up (to build self confidence and cover flaws)

- vacuum cleaner ( to sweep floor or wall easily and fast)

-air fryer ( shorten my cooking time and no sweat)

2. Why
Because i still can live my life without my „wants“ list fulfilled. I can use public transport instead of buying car which will give me more commitments to commit in. While for internet, i can read books in library or use free access internet provides to gather n gain informations instead of pay my own monthly internet bills etc.
6 0
2 years ago
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