Which of the following would explain why the aggregate demand curve slopes downward? an unexpectedly low price level raises the real wage, which causes firms to hire fewer workers and produce a smaller quantity of goods and services. a lower price level causes domestic interest rates to rise and the real exchange rate to appreciate, which stimulates spending on net exports. a higher price level increases real wealth, which stimulates spending on consumption. a lower price level reduces the interest rate, which encourages greater spending on investment goods.

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

Which of these is not a result of regular exercise

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak