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pogonyaev
3 years ago
12

Which of the following is true? Select one: a. If the economy is close to capacity, with resources almost fully employed, the AS

curve will be flat b. If the economy is in a recession, with idle resources, the AS curve will be steep c. If the economy is at full capacity, then the AS curve will be vertical. d. None of the above
Business
1 answer:
djverab [1.8K]3 years ago
6 0

Answer:

Correct option is C.

<u>If the economy is at full capacity, then the AS curve will be vertical</u>

Explanation:

The long-run aggregate supply curve is perfectly vertical, which reflects economists' belief that the changes in aggregate demand only cause a temporary change in an economy's total output. For the short-run aggregate supply, the quantity supplied increases as the price rises.

The full capacity AS curve is a long-run AS curved and it is vertical as the potential output level is denoted by it with the fully employed resources.

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The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that
dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with  the substantial degree of accuracy , is known as multicollinearity or  collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0
3 years ago
What kinds of business transactions are NOT summarized in a sole proprietor's books? A. Credits. B. Expenses or deductions. C. G
yan [13]

Answer:

D. Sole proprietor's wages.

Explanation:

The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.

Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.

4 0
3 years ago
A $10,000 municipal bond with 10 years to maturity is purchased in the primary market at 105. The bond is sold after 2 years at
Mama L [17]

Answer: B. a 2 point capital gain

Explanation:

Municipal Bonds have to be amortized using the straight-line method and this applied to both newly issued or bonds being traded at a premium.

The bond in question is trading at 105 and so has a 5 point premium which needs to be amortized at 1 point a year for 5 years. As it was bought after two years, the amortization was 2 points which means the cost of the bond should be;

105 - 2 = 103

Yet it was sold for 105. The gain is therefore

= 105 - 103

= 2 point capital gain

7 0
3 years ago
Although a consumer may be happy with your company’s product/service, they will not hesitate to switch if another company provid
vesna_86 [32]

Answer:

delight

Explanation:

Consumer satisfaction refers to the level of happiness that a customer derives from the consumption or use of any product or service. The information related to the customer satisfaction is derived from the surveys and ratings. These information helps in the betterment and improvement of the product and services.  

Delighting the customer is a very important part of marketing. This helps in maintaining the customer relation.

4 0
3 years ago
Keller learns to think that everything has a lesson and a? A.)suggestion or B.)moral​
Anni [7]

B.) moral I think. Hope this helps

6 0
3 years ago
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