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2 years ago

Lowering the unemployment rate affects a country by:

Business

2 answers:

blondinia [14]2 years ago

7 0

Answer:The answer is a

Explanation: did the assignment

trapecia [35]2 years ago

4 0

Answer:

Increase productivity

Explanation:

Lowering unemployment rate increases productivity and raises the standard of living of citizens in the country.

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A payoff matrix shows ________. a. the payment made to each factor of production for the production of a good b. the different c

anyanavicka [17]

Answer:

The correct answer is option c.

Explanation:

A payoff matrix is a table that shows the payoff of two players according to the strategies they adopt. The rows show the strategies of one player and the columns show the strategies of the other and cells show payoff.

It is very important in game theory as it summarizes what return or payoff each player is getting according to its action or strategy.

It helps in determining whether a dominant strategy of players and Nash equilibrium exists or not.

6 0

4 years ago

. Which of the following is not a characteristic of the market system?

salantis [7]

Answer:

C. Government ownership of the major industries.

Explanation:

The government owning the major industries is not a characteristics of market system. The government plays a limited role instead. Government role is to ensure that the markets are open and working. It ensures equal access to information by making sure no one manipulates the markets.

Other characteristics of market system not mentioned in the question are

1. System of market and prices

2. Motive of self interest.

3 0

3 years ago

Nichols Enterprises has an investment in 30,500 bonds of Elliott Electronics that Nichols accounts for as a security available-f

Alja [10]

Answer:

30,500 bonds x $14 per bond = $427,000

Explanation:

Nicols Enterprises must carry the Elliot investment on its balance sheet using the fair market value of the stocks (value given by the stock market).

The reliability principle states that only transactions that can be proven have to be recorded. So how can Nichols prove that Elliott's stock is worth $18, or maybe $1,000 or even $1 million. They can´t prove any of that, that is why they have to use the fair market value.

6 0

4 years ago

The following information is taken from the financial statements of Clybourn Company for the current year:

professor190 [17]

Answer:

23.53% or 24% (Approx)

Explanation:

Given that,

Current Assets = $632,000

Total Assets = 1,424,000

Cost of Goods Sold = 1,040,000

Gross Profit = $320,000

Net Income = 192,000

Sales revenue = Cost of goods sold + Gross profit

= $1,040,000 + $320,000

= $1,360,000

Gross profit margin = (Gross Profit ÷ Sales) × 100

= (320,000 ÷ 1,360,000) × 100

= 0.23529 × 100

= 23.53% or 24% (Approx)

5 0

4 years ago

Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Bal. 1/1 29,000 Credits ? Debits

N76 [4]

Answer and Explanation:

The computation is shown below:

1) Cost of raw material used is

= $29,000 + $148,000 - $39,000

= $138,000

2) Indirect material is

= $138,000 - $104,000

= $34,000

3) Indirect labour is

= $208,000 - $192,000

= $16,000

4) Cost of goods manufactured is $512,000

5) Unadjusted cost of goods sold is

= $54,000 + $512,000 - $81,000

= $485,000

6) The Overhead rate is

= $220,800 ÷ $192,000

= 115% of labor cost

7) Actual overhead is $196,800

Applied overhead is $220,800

So,

Over applied overhead is

= $220,800 - $196,800

= $24,000

8) Ending balance in work in process is

= $34,000 + $104,000 + $192,000 + $220,800 - $512,000

= $38,800

Direct labor is $11,500

So,

Overhead is

= $11,500 × 115%

= $13,225

So,

Direct material is

= $38,800 - $11,500 - $13,225

= $14,075

6 0

4 years ago