Answer:
In the simple Keynesian model, inflation becomes a problem only if demand increases at full employment.
Explanation:
In the Keynesian view, price inflation is mainly the result of relative changes in supply and demand, which lead to price changes. Changes in the money supply have no direct influence here. According to this school, the money supply is the result of money creation by the banking system; but this plays only a limited role in the process.
In this vision, a distinction is made between:
-
Demand inflation: Inflation occurs when the aggregated demand for goods and services increases, with an initially constant supply.
-Cost inflation: Inflation occurs if there is a sudden decrease in supply when demand remains the same.
Answer: $726,957.60
Explanation:
The debit to Lease Receivable is the present value of the payments to be made by B Corp. for the 8 years.
Payments are made twice a year so period is 16 periods.
Rate = 8% /2
= 4%
Present value = Payments * Present value of an annuity due factor, 16 periods, 4%
= 59,980 * 12.12
= $726,957.60
While figuring out how to save money for a bride who is having financial problems, Paula, the catering manager of Oh Happy Day, asked her assistant, "What do you think is the best menu to offer under these particular circumstances? How can we offer the bride and groom's guests a great meal within their budget?" Paula and her assistant are using the contingency approach.
True
Answer:
Explanation:
In Russia, the economy has gone from Stalin's five year Plans, directed by the Central Committee, or Gosplan, to Mikhail Gorbachev's Perestroika, in the 1980s. This led to increased ownership of property, which continued until Putin, Boris Yeltsin's successor, took power
Answer:
If it was likely or probable that the farm co-op would meet the benchmark and get the discount (or rebate), then the journal entry should recognize that. But since it is very doubtful that the benchmark will be met, then the journal entry should be made without considering any type of discount.
I looked for a similar question in order to find the missing numbers:
each trencher is sold at $3,600 and costs $2,000
August 10, 2019, 16 mini trenchers sold to farm co-op
Dr Accounts receivable 57,600
Cr Sales revenue 57,600
Dr Cost of goods sold 32,000
Cr Inventory 32,000
