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Grace [21]
3 years ago
15

Using the AS-AD and IS-LM models, show the effects of an increase in consumer confidence on the position of the AD, AS, IS, and

LM curves in the short run and in the medium run. Precisely label all axes and curves to receive full credit. Label the short-run equilibrium and medium-run equilibrium with SR and MR, respectively.
Business
1 answer:
lora16 [44]3 years ago
6 0

Answer: hello your question has some missing information below is the missing information

Suppose the economy begins with output equal to its natural level. Then there is an increase in consumer confidence and households attempt to consume more for a given level of disposable income.

answer :

Attached below

Explanation:

IS-LM modeling curves intersects and it also defines the value of r and Y where r ( rate of interest )  Y( output level )

The AS-AD modeling is in equilibrium where aggregate demand curve and short run and long run aggregate supply curves intersects each other defining P and Y

p ( price level ) , Y ( output level )

<em>Note : Increase in aggregate demand shifts IS outward , raises interest rate and output level</em>

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Answer:

See below

Explanation:

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Questions regarding financial vs. non-financial benefits of collaboration includeA. whether collaboration pays for itself.B. mak
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Answer:

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Answer:

See the explanation below

Explanation:

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Date            Details                            DR ($)               CR ($)

June 11        Purchases                      19,000

                   Accounts payable                                 19,000    

                  <em> Being the purchase of merchandise on account</em>

June 15       Account payable                750

                   Return outward                                         750        

                   <em>Being the return of a part of the merchandise purchased</em>

Note:

Blossom Co. returned the goods within 10 days, the full amount of the good returned will be charged to the accounts receivable.

Also, assuming that Blossom Co. within 10 days, it will enjoy 2% discount on the outstanding accounts payable and this will be calculated and recorded as follows:

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Date            Details                            DR ($)               CR ($)

                   Account payable            17,885  

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                   <em>Being cash paid for the merchandise purchased</em>

However, if it pays after 10 days, the transactions will be as follows:

Cash paid after 10 days but on or before 30th day = 19,000 - 750 = 17,885  

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                   <em>Being cash paid for the merchandise purchased</em>

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