The potential GDP in the U.S. will be unaffected by the unemployment rate.
What is meant by potential GDP?
An estimation of the value of the output that the economy would have created if labor and capital had been engaged at their maximum sustainable rates—that is, rates consistent with steady growth and stable inflation—is known as potential GDP.
What is the unemployment rate?
The number of persons actively seeking work as a percentage of the labor force is used to calculate the unemployment rate in the United States. In July 2022, the US jobless rate dropped from 3.6% to 3.5%, the lowest level since February 2020, despite analysts' expectations that it would remain steady.
What causes a high unemployment rate?
Numerous factors, including those from the supply side—the worker—and the demand side—the employer—contribute to unemployment. High-interest rates, a worldwide recession, and a financial crisis could all have an impact on demand. Frictional unemployment and structural employment are major contributors on the supply side.
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Answer:
Graphic Rating Scale
Explanation:
Graphic rating scale is a method used in evaluating the performance of an employee or put simply, performance appraisal of an employee. It involves listing out expected traits that the employees should posses and then rating the employees on a numbered scale for each trait. It is probably the most simplest and popular form of performance appraisal. In this case, Teknikal uses a five traits to evaluate all its employees which are assigned numbers by the manager according to the degree he/she feels the employee possesses said traits.
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
Answer:
a. Revenue - Income Statement
b. Common Stock - Balance Sheet
c. Current liabilities - Balance Sheet
d. Long-term Debt - Balance Sheet
e. Dividends - Statement of Shareholder Equity / Statement of Retained Earnings
f. Ending Cash Balance - Balance Sheet
g. Adjustment to reconcile net income to net cash provided by operations -Statement of Cash Flows
h. Cash spent to acquire the Buildings - Statement of Cash Flows
i. Income tax expense - Income Statement
j. Ending Balance of retained earnings - Statement of Shareholder Equity / Statement of Retained Earnings / Balance Sheet
k. Selling general and administrative expenses - Income Statement
l. Total Assets - Balance Sheet
m. Net Income - Income Statement / Statement of Shareholder Equity / Statement of Retained Earnings
n. Income tax payable - Balance Sheet
<span>Historically, the reason for most incident responses failures is due to </span><span>b. poor management</span>
Anytime an incident arises or an issue is created, only good management can save everything, but often that is impossible due to lack of managerial skills
