The graphs below illustrate an initial equilibrium for the economy. suppose that investment spending falls. use the graphs to show the new positions of aggregate demand (ad), short-run aggregate supply (sras and long-run aggregate supply (lras) in both the short-run and the long-run, as well as the short-run an long-run equilibria resulting from this change. then answer what happens to the price level and gdp short-run graph long-run graph lras lras sras ras shont-run equilibium long-rury equilibrium ad ad real gop real gdp in the short-run, the price level select answerinthe long-run, the price level select answer and gdp select answer and gdp select answer

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)