Suppose workers become pessimistic about their future employment, which causes them to save more and spend less. If the economy is in the Keynesian range of the aggregate supply curve, then

A. real GDP will fall and the price level will rise.

B. real GDP will rise and the price level will fall.

C. only the real GDP will fall.

D. only the price level will fall.

E. both real GDP and the price level will fall.

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

Draw, label and explain the circular flow model (cfm). include the following: firms, households, product market, and factor (or resource) market. who owns the productive resources? what are those resources? what payment does each type of resource earn? explain the two markets in the cfm and explain the roles that firms and household each play in the cfm.

Which of the following describes an executive information system (eis)