Suppose the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The
1 answer:
You might be interested in
Answer:
Chicken drumsticks:
pounds 6,600 - 7,230.22 = -630,22
market value: 6,600 - 5,478 = 1,122
Breast:
pounds 13,000 - 9037,88 = 3,962.12
market value: 13,000 - 10.790 = 2,210.00
Changing the allocation method detemriantes whether the drumstick are profitable or not thus, it should be considered which method is better suited.
Explanation:
Joint cost:
9,400 mateirals + 6,868 processing Total =
pounds to allocate cost:
using market value:
Then, we calcualte the gross margin under each method
Chicken drumsticks:
pounds 6,600 - 7,230.22 = -630,22
market value: 6,600 - 5,478 = 1,122
Breast:
pounds 13,000 - 9037,88 = 3,962.12
market value: 13,000 - 10.790 = 2,210.00
Answer and Explanation:
The computation of the official unemployment rate is shown below:
Official unemployment rate is
= Unemployed workers ÷ (Unemployed + employed) × 100
= 13,863,000 ÷ (13,863,000 + 139,323,000) × 100
= 9.05%
Now for the U-4 is
= (Unemployed workers + discouraged workers) ÷ (Unemployed + employed + discouraged workers) × 100
= (13,863,000 + $993,000) ÷ (13,863,000 + 139,323,000 + $993,000) × 100
= 9.64%
Therefore for exclduing the discouraged workers it may cause the offical rate to understate the underemployment true extent
