Increased use of current inputs in the production process is the short-term response of aggregate supply to rising demand (and prices).
A company can't, for the short term, build a new factory or introduce new technology to boost production efficiency because the level of capital is fixed.
What is short run and long run aggregate supply?
The intersection of the economy's aggregate demand and long-run aggregate supply curves determines its equilibrium real GDP and price level in the long run. The short-run aggregate supply curve is an upward-sloping curve that shows the quantity of total output that will be produced at each price level in the short run.
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Answer:
b) $665,000.
Explanation:
Primer income: $625,000
SealCoat income: $50,000
Primer interest in SealCoat is 80% therefore primer is a parent company to SealCoat and is entitled to $40,000 (80%*$50,000) on SealCoat income.
Therefore, consolidated net income for 2013 is: $665,000 (625,000+40000)
Answer: stocks, bank loans, bonds, and other financial investments.
Explanation:
A capital market is a financial market whereby lequity-backed securities are purchased by individuals or firms and also sold.
Financial capital markets bridge the gap between savers and investors: that is, they find ways to take the inflow of funds from many separate financial capital suppliers and transform it into the funds of financial capital demanders desire.
Such financial markets consists of stocks, bank loans, bonds, and other financial investments.
The correct answer is "bona fide occupational qualification." This term signifies a characteristic of a potential employee that an employer is permitted to consider when hiring (like age, in this example). In other contexts, this would be seen as discrimination, and would thus be illegal. There must be a reason behind bona fide occupational qualification, as described in this example.
Answer:
A. AD curve shifts rightward, increasing real GDP and raising the price level.
Explanation:
Federal funds rate can be defined as the interest rates bank charge other banks on loans of reserves and it is a monetary policy instrument.
If the Fed lowers the federal funds rate, eventually the Aggregate Demand (AD) curve shifts rightward, increasing real Gross Domestic Products (GDP) and raising the price level.
However, raising the federal funds rate, eventually causes the
Aggregate Demand (AD) curve to shift leftward and real Gross Domestic Products (GDP) decreases.
