Answer:
D. Demand curve is downward sloping.
The Phillips curve shows the inverse trade-off between rates of inflation and rates of unemployment. As aggregate demand increases, unemployment decreases as more workers are hired, real GDP output increases, and the price level increases; this situation describes a demand-pull inflation scenario.
Answer:
The correct option here is D)Producer can manipulate output more in the long run.
Explanation:
The reason why a producer is able to manipulate output more in long run is because all the inputs which are used for production are variable and under the control of producer. In the long run, a producer is not bound by the factors like number of labors, raw materials, amount of capital, or any fixed cost , as all these factors are variable, so that is why in the long run the change in production takes place when there is a change in the inputs.
Answer:
Expense(s) category
Explanation:
Expenses such as entertainment and meals are meant to be included in the expense category of the financial statements even when these expenses are not deductible for tax purposes. This is beacuse the meals and entertainment are business expenses and as such should be included in the financial statements as every expense is important in proper income calculation.
Cheers.
The option that's true about Padraig’s gross pay and total employee benefits is "His total employee benefits are 12.5% of his annual gross pay of $64,000"
His annual gross pay is $64,000, his employment benefits will be:
= 12.5% × $64000
= 12.5/100 × $6400
= 0.125 × $64000
= $8000
Therefore, the annual compensation will be:
= $64000 + $8000
= $72000
In conclusion, the correct option is C.
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Answer:
Student responses will vary, but should include: A young investor has years of earning power and can take greater risks because he/she has time to make-up for losses. An older investor needs more security and current income from their investments because they are using it to retire on or they need it to continually grow so that they can retire.
Explanation: