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Mice21 [21]
3 years ago
6

If aggregate supply is vertical, then which of the following statements must be true?

Business
1 answer:
never [62]3 years ago
6 0

Answer: A. Aggregate demand does not affect the quantity of output.

Explanation: Aggregate supply curve is perfectly vertical in a long run, Economist believed that the changes in aggregate demand only caused a temporal change in an economy output

Aggregate supply in a short run, the quantity supplies increase as price rise.

Aggregate demand does not affect the quantity of output If the aggregate supply is vertical.

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Answer:

Accounts

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Explanation:

As the expense is accrued but not paid at the end of 2013. The transaction requires an adjusting entry. This will charge a wages expense and create the wages payable liability. Ultimately on January 3 it will be paid. Wages for the two weeks are $100,000 and the 14 days has been passed for the pay period until year end of 2013.

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_____ are people willing to take the risk of starting, owning and operating a business. answer
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Explanation:

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3 years ago
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