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Eduardwww [97]
2 years ago
6

Suppose the economy is initially at point A. Now suppose an increase in government purchases shifts the aggregate demand curve t

o AD2. Which of the following statements best explains how the economy responds to restore long-run macroeconomic equilibrium?
Choose one answer.
a. The increase in the price level to Pbreduces real GDP demanded, shifting the aggregate demand curve back to AD1, returning the economy to its potential output at A.
b. Firms produce more in anticipation of future higher prices, thus shifting the SRAS curve upward until the gap is eliminated at D.
c. Firms and workers will negotiate higher nominal wages to restore lost purchasing power. This shifts the SRAS curve to the left until the gap is eliminated at D.
d. The increase in the price level to Pbdecreases consumption which in turn leads firms to cut production shifting the SRAS curve to the left until the gap is eliminated at D.
Business
1 answer:
UkoKoshka [18]2 years ago
7 0

Answer:

C. Firms and workers will negotiate higher nominal wages to restore lost purchasing power. This shifts the SRAS curve to the left until the gap is eliminated at D.

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Suzanne, Kyle, and Monique have been arguing for days over how they are going to divide up the responsibilities for their group
motikmotik

Answer:

Emergence.

Explanation:

In this context, it can be said that Suzanne, Kyle and Monique are in the emergence phase of group decision making.

This phase occurs right after the conflict phase, in the emergence phase the ideas will be finally defined and there will be a consensus among the team.

At this stage it is common for the individual interests and needs of the team members to be set aside in favor of the team's interests.

Therefore, project members also tend to adopt a more softening stance and opinions with the intention of not appearing dominant in relation to the project.

6 0
2 years ago
The income statement, balance sheet, and additional information for Video Phones, Inc., are provided.
Alina [70]

Answer:

Net increase in cash position is $18,960

From operations $128,160

From investing activities -$83,200

From Finance activities -$26,000

Explanation:

The income statement has been uploaded for your benefit.

The schedules attached tagged "workings" explains how we arrived at each change in cash flow by line item.

8 0
3 years ago
Which of the following is not a role of accounting in business?
Kipish [7]

Answer:

The correct answer is letter "D": To personally guarantee loans of the business.

Explanation:

Accounting is the recording of financial transactions of a business or organization. It also includes the process of summarizing, analyzing and reporting these transactions -given a method- in financial statements. The financial statements that accountants create provide critical information for many key people such as managers, stakeholders, and the corresponding agencies of the government.

However, <em>securing a loan for a company will rely on the credit history of the institution which directly does not involve one of the functions of corporate accounting.</em>

5 0
3 years ago
PLEASE HELP!
vesna_86 [32]
I would say the third sentence. Proper planning and supervision is of utmost importance while catering to the client. I say this because the word diligence means, careful and persistent work or effort. This shows that the work is carefully planned. That's my opinion and not a fact so don't trust this unless my reasoning convinces you.
7 0
2 years ago
Once stimuli are in the brain, they are processed by what?
Anastasy [175]
Processed by the cerebral cortex only
5 0
3 years ago
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