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Mnenie [13.5K]
3 years ago
9

Suppose that commodity prices across the economy begin to fall and consumers and firms begin to expect a lower rate of future in

flation. What do we expect to happen to the SRAS curve and short‐run Phillips curve?A. The SRAS curve will shift to the left, and the short‐run Phillips curve will shift downward. B. The SRAS curve will shift to the right, and the short‐run Phillips curve will shift downward. C. The SRAS curve will shift to the left, and the short‐run Phillips curve will shift upward. D. The SRAS curve will shift to the right, and the short‐run Phillips curve will shift upward. E. The LRAS curve will shift to the right, and the short‐run Phillips curve will shift upward
Business
1 answer:
butalik [34]3 years ago
8 0

Answer:

B) The SRAS curve will shift to the right, and the short‐run Phillips curve will shift downward.

Explanation:

When the price of key inputs decreases, then the short-run aggregate supply (SRAS) curve shifts to the right, generally resulting in higher production levels (higher supply) due to lower production costs. On the other hand, when the price of key inputs increases, then the SRAS curve shifts to the left.

When inflation expectations decrease or SRAS curve shifts to the right, the short-run Phillips curve shifts to the left.

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Answer and Explanation:

The indication of the following transactions are as follows in the trail balance

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a.                     Overstated            Overstated

b.                     Understated          Overstated

c,                     Overstated             No effect

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Which statement describes the role of the Federal Reserve System?
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3 years ago
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Answer:

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Explanation:

Data and Calculations:

Original estimated development cost = $3.1 billion

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Using a future value factor of 1.217 from a future value table at 4% per year for 5 years:

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Using an online financial calculator:

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FV = $3,778,882,701.98

Total Interest $678,882,701.98

N (# of periods)  10

I/Y (Interest per year)  4

PV (Present Value)  $3,100,000,000

PMT (Periodic Payment)  0

Settings

P/Y (# of periods per year)  2

C/Y (# of times interest compound per year)  2

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Answer:

met with an existing client to discuss possible extension of a sales contract

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The event above would not be recorded in pinnacle's accounting records due to the fact that it was just a conversation and not registered or recorded somehow.

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3 years ago
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