AGGREGATE SUPPLY AGGREGATE DEMAND HOMEWORK AS 125 120 115 Price 110 level 105 AD2 100 AD 800 900 1,000 1,100 1,200 1,300 Real GDP (billions of dollars per year) Given the above aggregate supply and aggregate demand curves identify the following: a. full employment GDP b. percentage increase in price level from point a to point c c. portion of real GDP covered by the Keynesian portion of the AS curve d. portion of real GDP covered by intermediate portion of AS curve e. increase in real GDP by change from AD1 to AD2 f. price level at which Classical portion of AS starts g. change necessary in AS to increase real GDP to 1300 h. level at which increases in real GDP can take place without inflation

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u.s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.

If you miss two payments on a credit card what is generally the penalty