The aggregate demand curve shows that, if other factors are held constant, the higher the price level, the

The interest rate effect: is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level.

Why do developing countries usually have less variety in their economic activities? A) Limited access to education means that people are not trained to work in industry or technology.

Imagine that "XPatriot" is a U. S.-based company that is expanding operations in South America. When determining which employees will be selected for expatriate assignments, the company assesses candidates on four factors: 1) Ability to speak fluent

Option 1: Evaluate the following statement: "Since any bank can only lend out its excess reserves, an increase in the monetary base that provides banks with excess reserves leads to a dollar for dollar increase in the money supply through bank

During 2019, Hungryman had $18,800,000 of credit sales, collected $17,945,000 of accounts receivable, and wrote off $60,000 of accounts receivable as uncollectible.

Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a furniture purchase, and $450 on an auto loan. Does she have excessive debt?

During the annual planning meeting, Alexandria, president of a Fortune 500 company, discussed with the upper management the strategic goal of expanding company operations across the globe.

Brothers Ronnie and Jacob are both in college; Ronnie is a senior and Jacob a sophomore. They're both majoring in business administration and want to open a small business a few years after graduation.

Galaxy Inc. has a tax burden ratio of. 75, an interest burden of. 6, a leverage ratio of 1.25, and a return on sales of 10%. This year the firm makes $2.40 in sales per dollar of assets. What is the firm's ROE? a. 15% b. 11.5% c. 13.5% d. 20%

The Hudson Corporation has 7,600 obsolete units of a product that are carried in inventory at a manufacturing cost of $152,000. If the units are remachined for $36,400, they could be sold for $68,000.