Answer:
$30 Favorable
Explanation:
Calculation for the activity variance for supplies cost in March
Using this formula
Activity variance = (Actual units - Budgeted units) * Variable cost
Where,
Actual units=856
Budgeted units=861
Variable cost=$6
Let plug in the formula
Activity variance=(856-861) * $6
Activity variance=5*$6
Activity variance=$30 Favorable
Therefore the activity variance for supplies cost in March would be closest to: $30 Favorable
Answer:
more workers are willing to work as the market wage increases.
Explanation:
IF the labour supply curve is upward sloping, its that means there is a positive relationship between wages and labour supply. The higher the wages, the higher the number of workers willing to work. The lower the wages, the lower the number of workers willing to work
Please check the attached image for a upward sloping labour supply curve
B. Formal training that combines classroom instruction with learning on the job.
That's how I've understood it when I took business in high school.
Answer:
increase
increase
Explanation:
Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.
Discretionary fiscal policies can either be expansionary or contractionary
Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
Expansionary fiscal policies increases money supply which increases aggregate demand, as a result output or real GDP increases
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes
The natural level of output is the amount of real GDP produced b. when the economy is at the natural rate of unemployment.
Real GDP is essentially a measure of a country's total economic output, adjusted for changes in prices. The value of real GDP reflects a country's economic statistics at a macro level.
When real GDP produces natural output, that is, the output level is in line with the equilibrium of the labour market when the real price level is equal to the expected price level. Then the economy makes the most of its productivity, including fully utilized labour, which means that the economy is at the natural rate of unemployment.
Find out more on the natural rate of unemployment at:
brainly.com/question/17205513?referrer=searchResults
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