Answer:
B. To the left; recessionary gap; fall
Explanation:
Short-Run Macroeconomic equilibrium occurs when the real GDP demand is equal to the real GDP supply. When there is a shift to the left it means GDP demand decreases below supply leading to an excess in supply of goods and services. When this happens, there's a fall in the level of employment and other indicators of recession. This will also invariably lead to a Fall in the aggregate level of price in order to attract more demand.
The opposite scenario occurs when there is a shift to the right or increase in demand.
Answer:
The correct answer is:
$80,500 (b.)
Explanation:
First of all, not that total anticipated October sales is the same thing as projected October sales. Therefore, this sale is calculated as follows:
Projected sales = 7,000
unit price = $11.50 per unit
Therefore
Price for 7,000 units = 11.5 × 7,000 = $80,500
Answer:
$406,300
Explanation:
The computation of the cash collection is shown below:
Cash Collected From Customers is
= Ending account receivable +Revenue For the Year - opening account receivable
= $31,400 + $411,000 - $36,100
= $406,300
Answer:
Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature.
Explanation:
Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature because Brooks was supposed to be checking the statement regarding her accounts frequently . By that, she could have discovered that Tingstrom had taken $85,000 from her checking account with Transamerica Financial Advisors and hence be able to sue her.
After Debbies Brooks discovered what Martha had done, she should have have stopped the transaction immediately but instead another year passed before she filed a suit against Transamerica. Hence, she will be one who will suffer from the forged signature.
