Answer:
a. A reduction in short-run aggregate demand likely causes a decline in real output, rather than the price level, because __________.
- d. prices are inflexible downward.
A decrease in the aggregate demand curve will cause a decline in output rather than price because prices are sticky, that means that they do not change that often and producers are generally not willing to lower prices, instead they are more willing to lower output.
b. A full-strength multiplier applies to a decrease in aggregate demand when aggregate.
The aggregate supply curve becomes horizontal at the price level where producers are not willing to supply products any more.
People will have more incentive to work and more money to spend
Answer:
Prestige Pricing Strategy
Explanation:
The prestige pricing strategy is best when the company has a great amount of customers who feel honored to buy the company's product and this is because of the extra-ordinary product the company produces and gives the customer feeling of prior quality product. As a result, the company starts pricing higher prices due to differentiation of the product and increased brand recognition.
Answer:
-can provide you with supplemental funds that enhance what your group does and provide new opportunities for your members
- nurture and expand awareness for the cause, project, or brand that you are raising money for
-save and change lives, cure illnesses, protect the planet and make Government change the way they operate
Answer:
Dr Postage expense $140
Dr Printing charges $54
Cr Cash $193
Cr Cash over and short $1
Explanation:
Preparation of the l necessary journal entry
Based on the information given the journal entry will be :
Dr Postage expense $140
Dr Printing charges $54
Cr Cash $193
($140+$54-$1)
Cr Cash over and short $1
{$7-[$200-($140+$54)]}
[$7-($200-$194)]
($7-$6=$1)