Answer:
The correct answer is the option D: real GDP and the price level.
Explanation:
To begin with, the <em>"model of aggregate demand and aggregate supply"</em> is the name given to an economy model created by John Keynes many years ago and whose main purpose is to show in a graphic the existing relationship established by Keynes between the price level and the production level. Therefore that, as it is known, the GDP comprehends the production level in this model and it is used in order to try to predict the possible effects that some external factors may have in both the real GDP and the price level.
Lower car insurance rates serve as a reason for good driving.
Answer:
Kate will continue to operate in the short-run but plan on she will exit the business in the long-term
Explanation:
Kate's decision should be guided by her business's performance in terms of profitability. Kate is selling her meal at $5, but her total cost of serving the meal is $5.20. It means the business is operating at a loss.
Kate must start plantation on how she will leave that business. She may continue operating but only for a short while. Soon, she will find it hard to stay open because the business is loss-making. Kate will, therefore, continue operations in the short run. In the long term. Kate must plan on exiting the business.
Answer:
paid in capital in excess of par value = $2000
and There will be a debit to Organisation expenses for $4,700
Explanation:
given data
charter authorized = 100,000 shares
common stock = $10 par value
issued = 270 shares
payment = $4,700
solution
we know here that
Paid up value of the stock = $10 per share
and here shares issue to the attorney satisfying the organisation expenses is 270 shares
so common stock = 270 shares × $10
common stock = $2700
so paid in capital in excess of par value = $2000
and There will be a debit to Organisation expenses for $4,700
Answer:
$737,000
Explanation:
The computation of the current earnings and profits this year is shown below:
= Taxable income - federal income tax paid - disallowed entertainment expenses + tax-exempt interest - net capital loss
= $1,200,000 - $408,000 - $25,000 + $20,000 - $50,000
= $737,000
Since we add the exempted interest and deduct all other expenses, losses, and taxes to the taxable income so that accurate value can come
