1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KengaRu [80]
3 years ago
14

In the AS/AD model, as the price level falls, the holders of money become richer and buy more. This is one reason why the aggreg

ate demand curve is downward sloping.
A. True
B. False
Business
1 answer:
ioda3 years ago
4 0

Answer:

True

Explanation:

The statement is true.

Suppose a consumer purchases a bundle of goods, say 40 units with his given money income of $1000.

Now, if there is a fall in the price level of the goods then this will increase the purchasing power of the consumer and hence he will be able to buy more quantity of goods, say 60 units with the same level of money income i.e $1,000.

This illustrates that as the price level falls, the purchasing power of the consumer increases or we can say that holders of money become richer.

You might be interested in
Harborfront Interiors, a retailer, pays $125 for an area rug.The original selling price was $170, but it was marked down 30%.
sveta [45]

Answer:

did you ever find the answer?

Explanation:

8 0
3 years ago
As Shirley responded to a personnel director's concerns about changing to the health-care plan her firm offered, she said, "I ca
erik [133]

Answer:

<u>Reffeal</u>

Explanation:

A letter of reference is an effective method for establishing clear communication with information needed to clarify possible doubts and bring credibility. It should be written in a formal manner, highlighting the strengths of the message to be conveyed beyond clear, accurate and honest language.

5 0
3 years ago
Eric, a ghost writer, conducted market research and discovered a niche market in writing scripts for corporate online videos. He
Lerok [7]

Answer: What is the best way to get his service to his target customers

Explanation:

Market research is the process of determining how viable a product will be after research has been conducted in the market. This is vital in getting opinions of customers.

Marketing mix are the marketing tools which an organization can use in order to pursue its marketing objectives.

The question that should be asked about the marketing mix placement is "What is the best way to get his service to his target customers". This is vital in knowing the best method to use in making the product available to the customers.

7 0
3 years ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
Nadya [2.5K]

Answer:

$2080

Explanation:

Given: Cost of generator= $11000.

           Residual value= $1000.

            Estimated life of generator= 5000 hours.

            Actual activity performed during the period= 1040 hours.

Now, finding the depreciation expense for the first year using the units-of-activity method.

Formula; Depreciation\ expense= \frac{(cost- residual\ value)}{Total\ estimated\ life\ time\ activity} \times actual\ activity\ performed

⇒ Depreciation expense= \frac{(11000-1000)}{5000} \times 1040

Opening parenthesis

⇒  Depreciation expense= \frac{10000}{5000} \times 1040

⇒  Depreciation expense=  2 \times 1040 = \$ 2080

Hence, the depreciation expense for the first year using the units-of-activity method of depreciation is $2080.

3 0
3 years ago
On July 1, 2018, an interest payment date, $148000 of Bramble Corp. bonds were converted into 2930 shares of Bramble Corp. commo
Mademuasel [1]

Answer:

There will be a $9,250 increase in paid-in capital in excess of par

Explanation:

Given:

Face value of bonds =$148,000

Unamortized Discount = $6,900

Common stock shares in conversion = $45/value share

Therefore, computed increase to be paid-in capital in excess of par will be given as (Bramble's record):

Book Value of Bonds = (Face Value of Bonds, $148,000) - (Unamortized Discount, $6900) = $141,100;

(Book Value of Bonds, $141,100) - (Value Assigned to Common Stock, $131,850(2930 Common Stock Shares in Conversion x $45 par value per share)) =

=$9,250 increase to Paid-In Capital in Excess of Par.

Note: value assigned to common stock = 2939 * 45 =131850

4 0
3 years ago
Other questions:
  • A company has the following asset account balances: Buildings and equipment $9,200,000 Accumulated depreciation 1,200,000 Patent
    14·1 answer
  • Cyclical unemployment refers to A. the portion of unemployment created by job search. B. the portion of unemployment created by
    12·1 answer
  • Drew contracts to sell a house to Evan. The contract provides that if Drew does not sell the house by February 10, he must pay E
    5·1 answer
  • There is is an acronym that helps you analyze business communication situations. What does each letter in the acronym stand for?
    6·1 answer
  • The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2016, included the following
    11·1 answer
  • When looking for a job, taking initiative will help your search efforts. true or false?
    15·1 answer
  • The chapter's "Continuity and Change" section mentions religious societies that advocated a return to strict and uncompromising
    7·1 answer
  • What are the aims of standardization
    10·1 answer
  • the three types of organizational commitment are affective commitment, continuance commitment, and ______ commitment.
    6·1 answer
  • What is the name of the document that companies use to report quarterly financial results?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!