How does an increase in the price level affect the quantity of real GDP supplied in the long run? A. In the long run, an increase in the price level increases inflation, which will decrease real GDP. B. Changes in the price level do not affect the level of GDP in the long run. C. In the long run, an increase in the price level decreases inflation, which will decrease real GDP. D. In the long run, an increase in the price level will increase real GDP.
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Business, 22.06.2019 03:30
Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?
Answers: 2
Business, 23.06.2019 05:30
What are some examples of types of investments on the part of manufactures that result in growth? how does this improve a nation's standard of living?
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How does an increase in the price level affect the quantity of real GDP supplied in the long run? A...
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