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V125BC [204]
3 years ago
8

A monetary stimulus is designed to shift the

Business
1 answer:
Nesterboy [21]3 years ago
5 0
A monetary stimulus is designed to shift the AD curve to the right. This is the <span>aggregate demand curve and it functions similarly to how the demand curve for individual goods works. Since it is downward sloping, it is implied that it is the </span><span>inverse relationship between the price level and the quantity demanded of real GDP</span>
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In which statement(s) are "demand" and "quantity demanded" used correctly? (I) "An increase in the price of tea will reduce the
ryzh [129]

Answer:

The correct answer is letter "A": in both statements I and II.

Explanation:

(I) According to the demand law, <em>if the price of tea increases the quantity demanded of tea will decrease</em>. If the price of tea decreases, the quantity demanded of tea will increase. Quantity demanded and the price has an inversely proportional relationship in the demand law.

(II) When talking about complementary goods like tea and sugar, <em>if the price of tea increases will result in a negative movement along the demand curve of tea and will cause the demand curve of sugar to move inwards. In such a scenario, the demand for each good will be reduced.</em>

8 0
3 years ago
These items are taken from the financial statements of Windsor, Inc. at December 31, 2017.
nordsb [41]

Answer:

To make balance sheet we first have to calculate net income/net profit for the year.

<em><u>Net profit Calculation</u></em>

Service revenue            $ 13,524

Insurance expense        ($     718 )

Depreciation expense   ($ 4,876)

Interest expense           ($ 2,392)

Profit                              $ 5,538

<em><u></u></em>

Balance Sheet

Asset

Non-Current Asset

Land                                                            $56,304                                                            

Buildings                                                     $97,336

Accumulated depreciation—buildings      ($41,952)

Equipment                                                   $75,808

Accumulated depreciation—equipment   ($17,222)

Total non Current Asset                            $170,274

Current Asset

Cash                                                              $10,893

Accounts receivable                                    $11,592

Prepaid insurance                                         $2,944

Current Asset                                               $25,429

Total Asset                                                   $195,703

Equity

Common stock                                              $55,200

Retain Earning (36,801+5,538)                     $42,339

Total Equity                                                   $97,539

Liability

Non-Current Liability

Current Liability

Accounts payable                                           $8,740

Notes payable                                                $86,112

Interest payable                                               $3,312

Total Current Liability                                  $98,164

Total Liability + Equity                                $195,703

5 0
3 years ago
Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun
vova2212 [387]

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

6 0
3 years ago
"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish
arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -<u>Therefore, in order to strike the fish you should aim below where the  fish appears to be. -Answer is( 2) Below; directly</u>

With a laser, you would aim directly at the fish <u>-Answer is (1) none of the above</u>

Explanation:

 

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

<u>Therefore, in order to strike the fish you should aim below where the </u>

<u>fish appears to be. -Answer is( 2) Below; directly</u>

 

(b) When you use a laser gun to zap  the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, <u>in order to </u>

<u>hit the fish you should aim you laser gun directly where the fish </u>

<u>appears to be."-Answer is (1) none of the above</u>

7 0
3 years ago
On September 1, 2021, Sheffield Corp. issued a note payable to National Bank in the amount of $1460000, bearing interest at 8%,
Lisa [10]
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3 0
3 years ago
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