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3 years ago

If aggregate demand (ad and nominal gdp (gdp increase while the price level is constant, we would conclude that:

2 answers:

8 0

If the aggregate demand is increasing while the price level remains constant, it means that the spending and consumption in a macroeconomic setting is increasing. Given the constant range prices, consumers are now able to spend more therefore pushing the demand higher.

Orlov [11]3 years ago

6 0

An increase in aggregate demand indicates a good economy having low prices of goods that are consumed by the people. Low unemployment rate and a well-managed government expenditure is part of an increase in aggregate demand.

The gross domestic product on a nominal basis is the total economic standing of a country an increase would tell that there is a significant improvement in the economy.

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True or false: If the steps in a step-variable cost behavior pattern are large, the step-variable cost function may be approxima

Hitman42 [59]

The statement in the question is : FALSE

<h3>What is a step-variable cost ?</h3>

A step variable cost is a type of cost that varies with the level of activity, but is incurred at discrete points and it involves large changes. Hence If the steps in a step-variable cost behavior pattern are large, the step variable cost function cannot be approximated by a variable cost function without loss in accuracy because the variable cost behavior pattern is directly proportional to the variable cost function.

Hence we can conclude that The statement in the question is : FALSE

Learn more about step-variable cost : brainly.com/question/17061986

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6 0

2 years ago

In a franchise business, the party paying the franchise fee is known as the a. franchisee.b. franchisor.c. entrepreneur.d. busin

Scilla [17]

Answer:

a. franchisee

Explanation:

Franchisee -

A franchises referred to a small business , and is very common method of doing any business .

The owner of the business i.e. , franchises , is referred to as the franchisee .

The franchisee has the right to take decision of the business like , using trademark of the business , proprietary knowledge , sell the brand and associated brands .

They are responsible to pay the franchise fee.

Hence , from the given statement of the question,

The correct option is a. franchisee .

8 0

3 years ago

Simone's (57) husband, Charles, died in 2017, and she has not remarried. Simone's mother, Lucy, lives in a nursing home. Lucy's

Naddika [18.5K]

Since Simone does not have any children and no one else lives with her, then, her correct and favorable filing status is Head of Household.

Basically, the filing status determines the amount of tax payable that a tax payer is liable to pay to the authority.

The filing status recognized in U.S. includes Single, Married filing jointly, Married filing separately, Head of household and Qualifying widow(er) with dependent child.

Since Simone does not have any children and no one else lives with her, then, her correct and favorable filing status is Head of Household.

Read more about this here

<em>brainly.com/question/14457852</em>

6 0

2 years ago

Read 2 more answers

Paloma Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $32,000 Supplies Expens

choli [55]

<u>Answer:</u>

<u>Closing entries </u>

Date account and explanation Debit Credit

Dec 31 Service revenue 108000

Income summary 1080000

(To close revenue)

Dec 31 Income summary 72000

Supplies expense 6000

Salaries and wages expense 40000

Utilities expense 8000

rent expense 18000

(To close expense)

Dec 31 Income summary 36000

Owner's capital 36000

(To close income summary)

Dec 31 Owner's capital 22000

Owner's Drawing 22000

(To close withdrawal)

3 0

4 years ago

Does anyone know a good quality but cheap sticker printer

Mars2501 [29]

Answer:

have you tired looking on ebay

7 0

4 years ago