The difference between who you

Suppose the economy is operating in long-run equilibrium and a positive demand shock hits. We expect a short-run increase in rea

Pepsi [2]

Answer:

The correct answer is: an expansionary gap; decrease the money supply.

Explanation:

An expansionary gap is when genuine output surpasses potential output. At the end of the day, the economy is incidentally working over its long-run potential as estimated by real GDP.

3 0

3 years ago

Ben has $2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year. The inflation rate is 9 pe

Alinara [238K]

Answer: After Tax Nominal Rate - 12.6%

After Tax Real Rate - 3.6%

Explanation:

Real Rate of return is defined as the nominal interest rate less inflation.

The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.

The formula is,

= Nominal Rate( 1 - tax rate) - Inflation rate

= 14% ( 1 - 10% ) - 9%

= 14 ( 90% ) - 9

= 3.6%

The Nominal Rate is simply the Real Rate plus Inflation. The After tax real rate has already being found so the After Tax Nominal Rate is,

= 3.6 + 9

= 12.6%

5 0

3 years ago

Uplift, weathering, burial, and heating/melting can transform one rock type into another. B. All rocks in the Earth's crust will

melomori [17]

Answer:

b. All rocks in the Earth's crust will, at some point, be subducted and melted to create igneous rock.

Explanation:

There are 3 types of rock:

1. Igneous, wich are formed when 2 tectonic plates collide and magma goes to surface getting cold

2. Sedimentary: when many layers of preexistent rocks produce pressure and heat by weigth melting the rocks.

3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks

Sedimentary and metamorphic would be subducted in order to produce new igneus rocks.

8 0

3 years ago

Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $3,600, t

myrzilka [38]

Answer:

A periodic inventory method is a method where the inventory account is adjusted at the end of each accounting period and not continuously as with the perpetual method. All inventory purchased is recorded to a purchases account. Cost of goods sold is calculated by adding purchases to beginning inventory and then subtracting ending inventory. The following journal entries are examples of how to account for inventory under a periodic management method.

explanation:

4 0

3 years ago

Olivia is a florist who specializes in roses.

Eva8 [605]

Answer:

Olivier does have sufficient contract rights because she already signed a 5 year contract to supply as many roses as possible to Juan. Juan cannot come at the end of two years and break the contract

Explanation:

1. 1. What contract rights and remedies, if any, does Olivia have against Juan?

The most important point of focus from the aspect of the law and statute of frauds is that from the scenario it was stated clearly that ''She has a five-year written contract with Juan to sell him as many roses as he needs for his wedding chapel. ''

Olivier does have sufficient contract rights because she already signed a 5 year contract to supply as many roses as possible to Juan. Juan cannot come at the end of two years and break the contract

2. What contract rights and remedies, if any, does Olivia have against Ann?

The scenario states clearly that ''Ann emailed Olivia an order for "1,000 white stems'' and ''Olivia instead sent orchids, the only "white stems" available at the time.''

Hence Olivia fulfilled Ann's orders and Ann has absolutely no case at all. Olivia has acted in accordance to Ann's request and has full rights to claim her payment.

3. What defenses, if any, do Juan and Ann have?

In summary the defenses of both parties are weak

1. Juan has a defense of unforeseen financial difficulties but this will be insufficient to override a written contract

2. Ann assumed that Olivia would send roses but assumption does not work in the eyes of the law but written agreements.

Additionally, Ann could argue that Olivia should have communicated the price of the orchids at the point of processing Ann's orders.

6 0

3 years ago