Consider the following Keynesian (short-run) model along with the Classical (long-run) model of the economy. Labor Supply: , Capital Supply: , Production Function: , Depreciation Rate: , Consumption Function: Investment Function: Government Spending: Tax Collections: Money Demand Function: , Money Supply: , Price Level: a. Find an expression for the IS curve and plot it. b. Find an expression for the LM curve and plot it. c. Find the short run equilibrium level of output and real interest rates. d. Find an expression for the AD curve. (Hint: The aggregate demand function is found by setting the IS curve equal to the LM curve to eliminate r while leaving the price level P unconstrained. So start by LM curve with an unconstrained P, then replace r with the IS expression you got in part a.) e. Find an expression for LRAS curve. f. What are the long run equilibrium values of output, prices, and interest rate

1tanner invested $135,000 cash along with office equipment valued at $32,400 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $10,800 project for a client, who must pay within 30 days. 13 the company paid $19,440 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $8,640 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $1,080 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. prepare general journal entries to record these transactions. 2. post the journal entries from part 1 to the ledger accounts.

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow