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2 years ago

When aggregate demand is low enough to drive unemployment above the natural rate:_____.

1 answer:

7 0

Answer: a. there is downward pressure on the price level and the government may want to conduct expansionary fiscal policy.

Explanation:

With such a low aggregate demand curve, the equilibrium price which is where the Aggregate demand curve intersects the Aggregate Supply curve will be lower which will led to a downward pressure on the price level.

With such low aggregate demand and prices which will lead to increased unemployment over the natural rate, the Government would need to stimulate the Economy and can do this by embarking on an expansionary fiscal policy.

With this they can increase spending or reduce taxes which will increase income levels thereby increasing demand and thus lead to more companies opening up and hiring more people.

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Last year a company spent $11 million on Internet advertising. If that amount increases by 17 percent this year, how much will t

never [62]

If a company spent that much on internet advertising and increased it by 17%, the new amount spent would be $12.87 million.

<h3>How much did the company spend on advertising?</h3>

The amount spent can be calculated as:

= Amount x ( 1 + increase in advertising)

Solving gives:

= 11 million x ( 1 + 17%)

= 11 x 1.17

= $12.87 million

Find out more on advertising expenses at brainly.com/question/24967768.

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2 years ago

In the short run, an increase in the aggregate price level caused by a shift in the aggregate demand curve first causes:

ra1l [238]

Answer: b. movement along SRAS

Explanation:

When the price level changes due to an increase in the demand that forces the Aggregate demand curve to shift rightward, the immediate effect would be that the Aggregate demand curve would intersect the Short Run Aggregate supply at a new point.

This new point will see a movement <em>along </em>the SRAS from its previous equilibrium point to the new equilibrium intersection point with the AD curve. In other words, the new point will be on the same SRAS curve just moving from one point to another.

6 0

2 years ago

matt, a shareholder, can run for director by simply placing his name on the company's proxy statement. True or False?

IgorLugansk [536]

False

Reason: A Shareholder cannot go for the director's by writing his name on the proxy Statement. Instead he has to place his name on the AGM or Annual General Meeting, where Shareholders meet, propose for their plans and Vote for The Company's Director.

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3 years ago

Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat

SSSSS [86.1K]

Answer: C. $950

Explanation:

Hello.

Your question was missing a few details so I threw them in. You'll find it in attachments.

To calculate the total Manufacturing costs for Job 201 we would need to calculate the overhead cost allocation rate first to find out how much Overhead to allocate to Job 201.

Using a normal costing system with direct labour cost as the allocation base,

Overhead allocation rate = (Overheads/Direct Labor Cost)*100

= (100,000/50,000)*100

=200%

Overhead allocation rate is 200% or 2x direct labor cost.

Now to calculate the total Manufacturing costs of Job 201,

Total manufacturing cost for Job 201 = Direct Material + Direct Labor + Manufacturing Overheads

= 350 + 200 + (200*2 for manufacturing overhead)

= 350 + 200 + 400

= $950

$950 is the total manufacturing cost for Job 201 making option C correct.

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3 years ago

United Apparel has the following balances in its stockholders’ equity accounts on December 31, 2018: Treasury Stock, $650,000; C

ahrayia [7]

Answer:

United Apparel Balance sheet as of December 31, 2018

Stockholders’ Equity section

Common Stock Capital ............................................$400,000

Preferred Stock Capital.............................................$1,600,000

Additional Paid-in Capital..........................................<u>$6,800,000</u>

Total Paid-in Capital....................................................$8,800,000‬

Retained Earnings.......................................................$1,200,000

Less: Treasury Stock...................................................<u>($650,000)</u>

Total Stockholders Equity..........................................$9,350,000

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3 years ago