Answer: Option (c) is correct.
Explanation:
Correct Option: Decrease the money supply, which will move output back towards its long-run level.
If the economy is in long run equilibrium and there is a rightward shift in the aggregate demand curve then as a result output and price level rises in an economy.
Here, the central must follow the contractionary monetary policy to stabilize the economy.
So, the central bank must decrease the money supply to move the output and price level back to its initial position.
Trade company accepted a credit card with a fee for services rendered. this event affects trade company's<u> </u><u>income</u><u> statement, statement of changes in stockholders equity, </u><u>balance </u><u>sheet.</u>
<h3>Income statement</h3>
The event tend to affect income statement because both service revenue as well as credit card expense appear on the income statement.
The event tend to affect statement of changes in stockholders equity because net income is affected by the income and expenditure and it will affect balance sheet because accounts receivable appears on the balance sheet.
Therefore Trade company accepted a credit card with a fee for services rendered. this event affects trade company's<u> </u><u>income</u><u> statement, statement of changes in stockholders equity, </u><u>balance </u><u>sheet.</u>
Learn more about income statement here:brainly.com/question/24498019
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Answer:
$83,000
Explanation:
The computation of the actual manufacturing overhead cost is shown below:
= Indirect labor + depreciation on plant + machinery repair + plant supplies + plant utilities
= $11,000 + $48,000 + $11,000 + $6,000 + $7,000
= $83,000
Only these five items would be considered as a actual manufacturing cost. The rest of the items would be ignored
Recession make goods more expensive and the increased prices would cause demand for all consumer goods to decrease
