Answer:
Understanding Demand-Pull Inflation
Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.
Explanation:
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Answer and Explanation:
The computation is shown below:
1. Times interest earned ratio is
= Earning before interest and taxes ÷ Interest expense
= $19,200 ÷ $940
= 20.4
2. And, the Debt to equity ratio is
= Total Liability ÷ Total stockholder's equity
= $30,180 ÷ $55,872
= 0.54
We simply applied the above formulas so that the financial ratios for long-term creditors could come
Answer:
The answer is A
Explanation:
An increase in an effective maximum legal price will do what to prices and quantities sold in a market?
A maximum legal price is an effective tool to control prices. Usually, the price is below its equilibrium. An increase in the maximum legal price will increase prices and the quantities sold will decrease. When prices go up, companies offer more quantities of a product, but consumers demand less.
