On August 1, 2020, Waterway Industries purchased a new machine on a deferred payment basis. A down payment of $4300 was made and 4 annual installments of $25800 each are to be made beginning on September 1, 2020. The cash equivalent price of the machine was $97000. Due to an employee strike, Waterway could not install the machine immediately, and thus incurred $2200 of storage costs. Costs of installation (excluding the storage costs) amounted to $3700. The amount to be capitalized as the cost of the machine is

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.

In order to stay on track for long term financial goals, money for emergency spending should be taken first from your savings account. discretionary money. fixed expense money. net income.

What effect does a rise in income have on demand? increases demand for normal goods decreases demand for normal goods increased prices on goods decreased prices on goods