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Tutor profile: Jonathan T.

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Jonathan T.
2+ Years of Ongoing College Peer Tutoring & Mentoring Experience in all areas of Business & Economics
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Questions

Subject: Economics

TutorMe
Question:

How is the US Aggregate Demand affected by an increase in the money supply?

Inactive
Jonathan T.
Answer:

The US Aggregate Demand would increase (shift right) given this expansionary monetary policy. Consumer spending will increase and nominal interest rates decrease, overall causing an increase in GDP.

Subject: Finance

TutorMe
Question:

What is the net present value of a project if the cost of capital is equal to the internal rate of return on the project?

Inactive
Jonathan T.
Answer:

The net present value (NPV) is equal to zero.

Subject: Accounting

TutorMe
Question:

What are the normal type of balances for the following accounts: assets, liabilities, equity, revenues, and expenses?

Inactive
Jonathan T.
Answer:

Assets: Debit balance, Liabilities: Credit balance, Equity: Credit balance, Revenues: Credit balance, and Expenses: Debit balance.

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