Answer:
A, when the AD and AS curves intersect at potential output,Y.
Explanation:
Aggregate demand curve is a graphical representation that shows the relationship between total goods and services and its price levels.
Aggregate supply curve is a graphical representation that shows the relationship between the total amount of good and services firms are willing to sell and at what price the want to sell.
For an economy to be in long-run equilibrium, an economy has to have both curves meet at a point Y which is the potential output of the economy. This means simply that demand and supply has to be balanced (in equilibrium).
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Answer:
Simple interest is paid only on the original amount borrowed.
Proof of income statement.
Revenue
Service revenue 38300
Expense
Salaries and wages expense 15700
Insurance Expense 2300
Rent Expense 4600
Supplies expense 1200
Depreciation Expense 1400
Total expense 25200
Net income 13100
Sales are the sum of the revenue generated from the sale of goods or services related to the company's main activities. Income, also known as gross income, is often referred to as the "top line" because it is at the top of the income statement. Income or net income is the total profit or profit of the business.
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Answer: Cross cultural competency.
Explanation:
Cross cultural competency means the ability to easily relate with people of different cultures and the ability to understand why people of a particular culture act in particular way. When a manager for instance has a high level of Cross cultural competency, he/she would be able to understand the attitude towards work a people from particular culture share.