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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:

Business

1 answer:

ra1l [238]2 years ago

6 0

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 along 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.

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The Red Wolf Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during

Allushta [10]

Answer:

$1,600

Explanation:

Revenue is recognized as and when the control of a good or service is transferred to the customer.

Total Hours = 10 hours × 8 weeks

= 80 hours

Use the rate of pay at the utility office to determine the contribution revenue for Red Wolf Society

Revenue = 80 hours × $20 per hour

= $1,600

4 0

2 years ago

Bonnie Austin, age 30, used to work part time in a local restaurant. This year she quit her job to take care of her five-month-o

sergiy2304 [10]

Answer:

The survey conducted by the Bureau of Labor Statistics today will count Bonnie as not in the labor force .

Explanation:

" not in the labor force " -

The people who are not employed and even are not unemployed are called the " not in the labor force " .

The people who are present in this category are the -

retired peoples ,

students

The people taking care of children ,

people who are not working but searching for job ,

All of them fall in this category .

Hence , according to the survey , Bonnie is under the category of " not in the labor force " .

3 0

3 years ago

Brainstorm Company purchased office furniture and equipment for $20,000 and agreed to pay for the purchase by making six annual

Studentka2010 [4]

Answer:

The required annual installment payment is $4067.25.

Explanation:

annual installment = (20000×6%)/(1 - (1 + 6%)^6)

= $4067.25

Therefore, the required annual installment payment is $4067.25.

4 0

3 years ago

Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible. July 29 Reinstated the acc

PIT_PIT [208]

Answer:

Mar 17.

6150 Bad Debt Expense $1.000 - Debit

1010 CASH Operating Account $275 - Debit

1290 A/REC Allowance for Uncollectible Accounts $1.000 - Credit

1220 A/REC Trade Notes Receivable $275 - Credit

Jul 29.

1290 A/REC Allowance for Uncollectible Accounts $1.000 - Debit

1010 CASH Operating Account $1.000 - Debit

6150 Bad Debt Expense $1.000 - Credit

1220 A/REC Trade Notes Receivable $1.000 - Credit

Explanation:

7 0

3 years ago

Which of the following is true of work?

Mademuasel [1]

Answer:

a. A job needs to be divided into types of work so that it can be coordinated in some logical way. ==>TRUE.

b. Work is the output that comes from the accomplishment of tasks. ==>FALSE.

c. Work is effort directed toward accomplishing results.==>TRUE.

d. Ideally, the work to be done in any organization should be significantly less than the amount of work that the organization needs to have done.==>FALSE

Explanation:

For a Job to be effectively executed, the steps required to carry out the job needs to be properly outlined, this itemized steps can be regarded as the work that needs to be done to properly execute the job.

Every work done has to be goal oriented, this is done to give the workers a sense of direction and also to avoid wasting time, energy and resources on things irrelevant to the job at hand.

Work done on an organization has to be equal to or more than it had planned to carry out in order to achieve the organization overall objectives.

5 0

2 years ago