Which of the following would be the theoretical outcome of expansionary fiscal policy in the following aggregate demand–aggregate supply model (where LRAS = long-run aggregate supply and GDP = gross domestic product)? Group of answer choices The aggregate demand (AD) curve would shift from AD1 to AD2. The short-run aggregate supply (SRAS) curve would shift from SRAS2 to SRAS1. The SRAS curve would shift from SRAS1 to SRAS2. The AD curve would shift from AD1 to AD2 at the same time that the SRAS curve would shift from SRAS1 to SRAS2. The AD curve would shift from AD2 to AD1.

Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

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