Answer: c. demand, left.
Explanation:
When money supply decreases in the economy there will be less cash available for people to spend on consumption as well as investment which are both components of the Aggregate demand curve.
The curve will therefore shift to the left to reflect that Aggregate demand has decreased as a result of the decrease in money supply.
Answer:
C. the Phillips curve is vertical
Explanation:
Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases unemployment.
However; In long run, real GDP (output level) returns to its potential level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.
Answer:
$3,642.50
Explanation:
For computing the average annual amount of net income (loss), first we have to compute the net income which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$9,700 = $0 + Net income - ($2,420 + $0 + $1,440 + $1,010)
$9,700 = $0 + Net income - $4,870
So, the net income is
= $9,700 + $4,870
= $14,570
Now the average annual amount of net income is
= 
= 
= $3,642.50
Answer:
The correct answer is: in all decision making.
Explanation:
Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.
Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.
Gathering "competitive intelligence" is good business practice.
<u>Option: A</u>
<u>Explanation:</u>
The outcome of an attempt by a organization to accumulate and evaluate knowledge about its market, business climate, rivals and competitive goods and services, is understood as competitive intelligence. The method of collecting and evaluating data will help a corporation establish its plan or recognize market gaps. It is taken as a good business practice because it make awareness of competition in market which helps in set up of mind and making strategy. Ethics is one of the subjects used in such competitive intelligence.
