This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in ... (Read 109 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
An increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run?
 
  A) The price level will rise, and the level of GDP will fall.
  B) The price level will rise, and the level of GDP will be unaffected.
  C) The price level will fall, and the level of GDP will fall.
  D) The price level will fall, and the level of GDP will rise.

Question 2

In the eyes of the law, a corporation is a legal person, separate from its owners. Explain what this means.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

This means that the firm is a separate legal entity from its owners. Under the corporate form of business, the owners of a firm have limited liability, which means that if the firm fails, the owners can never lose more than the amount they have invested in the firm. The personal assets of the owners of the firm are not affected by the failure of the firm.


drink

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Wow, this really help

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
Comparison of reactions at equilibrium and steady state Comparison of reactions at equilibrium and steady state
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Some Hall-effect sensors look like magnetic sensors. This Hall-effect camshaft reference sensor and ... Some Hall-effect sensors look like magnetic sensors. This Hall-effect camshaft reference sensor and ...
Migration and Global Economy Migration and Global Economy
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library