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3 years ago

Which of the following would cause an increase in a country's aggregate demand?

Business

1 answer:

Leona [35]3 years ago

3 0

b) The nominal interest rate falls as the country's price level falls.

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Answer:

It is the amount of moneylong dashcurrency and checking account depositslong dashthat individuals hold.

Explanation:

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3 years ago

Read 2 more answers

The chart of accounts is designed to

SOVA2 [1]

Answer: The correct answer is b).meet the information needs of a company's managers and other users of its financial statements

Explanation: Chart of accounts refers to list of accounts of an organization. It shows at a spot how an organisation receives money and spends money.

Chart of accounts contains Assets, Liabilities, Income, Expenses and Equity.

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3 years ago

Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu

xenn [34]

Answer:

41 percent

Explanation:

Given : Budgeted Sales $112,900,000

Fixed Costs $25,000,000

Variable Costs $66,611,000

Contribution margin = Net Sales - Variable costs

= $112,900,000 - $66,611,000

= $ 46,289,000

Contribution Margin Ratio = $\frac{Contribution\ Margin}{Net\ Sales}$ = $\frac{46289000}{112900000}$ = 41%

Contribution margin ratio indicates the percentage of sales remaining so as to cover a firm's fixed expenses. It also represents how much percentage of sales is required to cover the variable costs.

It is also expressed as , 100 - Variable cost ratio (in percentage)

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3 years ago

you invest $1300 in an account at interest rate r, compounded continuously. Find the time required for the amount to double and

miskamm [114]

Answer:

1. For the amount to double: 9.37 years

2. For the amount to triple: 14.85 years

Explanation:

The equation for continuosly compounded interest is:

$F=P\times e^{rt}$

Where:

P is the amount that you invest today: $1,300
F is the value after t years: the double or triple of $1,300
r is the annual interest rate: 0.074

1. For the amount to double:

Substitute the values and solve for t:

$2\times \$1,300=\$1,300\times e^{0.074t}\\ \\ 0.074t=\ln 2\\ \\ t=\ln 2/0.074=9.37years$

2. For the amount to triple:

$3\times \$1,300=\$1,300\times e^{0.074t}\\ \\ 0.074t=\ln 3\\ \\ t=\ln 3/0.074=14.85years$

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3 years ago

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EastWind [94]

Answer:

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Explanation:

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3 years ago