<u>Answer:
</u>
The interest rate effect explains why the aggregate demand curve is downward sloping.
<u>Explanation:
</u>
- The interest rate effect proposed by Keynes suggests the reasons for why is the aggregate demand curve downward sloping.
- It states that, when the interest rates are low, people choose to invest owing to the decreased costs of investment. This investment stimulates a drop in the levels of price.
- The dropped prices thus increase the aggregate demand for the commodities of which the price has dropped.
E. Weather or not the buyer experiences
Answer:
B. The June 1 at 10 and the June 2 at $15 are both sold; the July 4 unit remains in ending inventory.
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
2 units were sold. the June 1 and June 2 units would be the items sold because they were the first to be purchased according to the dates.
the ending inventory would be the the July 4 unit
Answer:
D. recorded as an indefinite-lived intangible asset, and annually tested for impairment.
Explanation:
In-process research and development acquired in a business combination is recorded as an indefinite-lived intangible asset, and annually tested for impairment.
In-process research and development costs are essential part of the financial income statement, it assist investors to make good, well-informed and tangible investment decisions in a newly acquired company.
