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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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Anna35 [415]

Based on the different types of compensation and their determination, the following are true:

  • Wages - Paid by the Hour - Sarah's direct deposit.
  • Commission -  A percentage of sales - Lucinda's percentage.
  • Salary - Calculated weekly or monthly - Frank's overtime pay.  
  • Bonuses - For performance - Janet's Low Sales.
  • Profit sharing - Based on Co. earnings - Robert's year end reward.

<h3>Types of compensation </h3>

Wages are calculated by the hour and then paid to the relevant employee sometimes in cash or by direct debit. Commissions are a percentage of sales.

Salaries are calculate monthly or weekly and include overtime. Bonuses are based on performance so people who don't perform well don't get much. Profit sharing depends on how much a company makes in a year and are distributed at the end of the year.

Find out more on compensation types at brainly.com/question/6480493.

3 0
2 years ago
Use the following information to determine the break-even point in sales dollars: Unit sales 50,000 Units Dollar sales $ 500,000
Delvig [45]

Answer:

$326,400

Explanation:

The breakeven point is the number of units of  a product a company must sell for its total revenue to be equal to its total cost. The cost elements are fixed and variable. At breakeven, profit/loss is zero hence revenue or sales is equal to cost.

From the information given,

Variable cost per unit = $ 187,500/50,000

= $3.75

Sales per unit = $500,000/50,000

= $10

let the number of units sold at breakeven point be x

10x - 3.75x - 204,000 =  0

6.25x = 204,000

x = 32,640

Breakeven sales = 32,640 * $10

= $326,400

8 0
4 years ago
Three individuals, Mary, Jack and Helen, make up the total demand for donuts per month in a particular market.
Paraphin [41]

The market demand curve would be 1000 - 0.125Q.

<h3>How to calculate the demand curve?</h3>

It should be noted that the market demand curve will be the sum of the individual demand curve.

The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM

Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.

The slope will be:

= 0.5 × 0.25

= 0.15

The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

5 0
2 years ago
Many rural Americans entering cities had been pushed out of agricultural labor by
Cerrena [4.2K]

Many rural Americans entering cities had been pushed out of agricultural labor by the invention of machinery.

6 0
3 years ago
Read 2 more answers
Attempting to calculate the value of an economy by adding up the value of every good and service produced would lead to:
lana [24]

Calculating the the value of an economy by adding up the value of every good and service produced would lead to overcounting as the value of intermediate goods would be counted twice.

<h3>What is gross domestic product?</h3>

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Intermediate goods are goods that are used in the production of goods and services. For example, flour that is used in the production of bread is an example of intermediate goods. It is not included in the calculation of gross domestic product.

To learn more about GDP, please check: brainly.com/question/15225458

5 0
2 years ago
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