True or false: A demand schedule is created from a demand curve.

1 answer:

8 0

False, the demand curve is derived from a demand schedule.

The demand curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy. The curve can be derived from a demand schedule, which is essentially a table view of the price and quantity pairings that comprise the demand curve.

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in a simple economy with no government, aggregate expenditure is group of answer choices consumption plus the mpc. mpc mps. cons

vlabodo [156]

On a simple economy with no government, aggregate expenditure is consumption plus investment.

Hence, option C is correct.

What do you mean by Aggregate expenditure and consumption?

Aggregate expenditure can be defined as a macroeconomic tool which is used to measure the total amount of economic activity or total output within a country.

It is one of the methods to calculate GDP.

Consumption on the other hand requires the individual to actually consume/ use something.

The main types of consumption include convenience, shopping, specialty, and unsought consumer goods.

Hence, On a simple economy with no government, aggregate expenditure is consumption plus investment.

Hence, option C is correct.

To know more about Expenditure from the given link

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1 year ago

Billy Mitchell is the head cashier for a clothing store that specializes in men’s silk suits. After losing big at the local dog

VARVARA [1.3K]

Answer: Fictitious refunds

Explanation:

A fictitious refund scheme, occurs when a fraudster processes a transaction to look as if a customer was returning a merchandise, even though there was no actual return. While some fraudsters create an entirely fictitious refund, other fraudsters just overstate the amount of a legitimate refund that took place and steal the excess money.

Billy Mitchell covering his gambling debts, issuing several refund credits to his personal credit card for amounts that were below the store’s review limit is an example of fictitious refund scheme.

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4 years ago

A company borrows 100,000 today at 12% nominal annual interest. the monthly payment of a 5 year loan is most nearly:

alex41 [277]

Formula for the monthly payment:
M = P * r * ( 1 + r )^n / (( 1 + r )^n + 1 )
where: P = $100,000 r = 0.12 : 12 = 0.01 n =12 * 5 = 60
M = 100,000 * 0.01 * ( 1 + 0.01 )^60 / (( 1 + 0.01 )^60 + 1 ) =
= 1,000 * ( 1.01 )^60 / (( 1.01 )^60 + 1 ) =
= 1,000 * 1.8167 / 0.8167 = 1,000 * 2.22444 =
= $2,224.44
The monthly payment is $2,224.44.

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3 years ago

Choose all that apply.

vesna_86 [32]

Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card

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3 years ago

Read 2 more answers

Approximately what percentage of the u.s. public debt is held by foreign individuals and institutions (2015)?

denpristay [2]

34% as of 2015, $6.156 trillion

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3 years ago