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gogolik [260]
2 years ago
10

cnn.com runs a story reporting that the consumer confidence index has risen. having taken an economics class, you predict that s

pending in the economy will ________. at the same time, aggregate demand will ________.
Business
1 answer:
klemol [59]2 years ago
8 0

As a result of Consumer Confidence Index rising, spending in the economy will increase and aggregate demand will rise.

Consumer Confidence Index (CCI) refers to how optimistic people are about their finances. When the CCI is high:

  • People are more confident in their finances and the ability to make income in future
  • People will spend more in the economy because they are more confident in their income
  • Aggregate demand will rise as more people demand goods and services

If the CNN is correct in reporting that the CCI is rising, we can expect that spending in the economy will rise and so will aggregate demand.

In conclusion, spending in the economy will increase and aggregate demand will rise.

<em>Find out more at brainly.com/question/9930012. </em>

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6 0
3 years ago
intext:"A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,0
guajiro [1.7K]

Answer:

Date     Account Titles and Explanation              Debit       Credit

              Land                                                         $84,000

                 Common stock                                                     $12,000

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Workings:

Amount of Common stock = Number of shares * Paid in capital per share

= 6,000 shares * $2

= $12,000

Amount of excess of paid in capital = Market value of land - Amount of common stock

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