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1 year ago

If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely:________

1 answer:

7 0

If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely decrease.

<h3>What is supply?</h3>

A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers.
When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
This is strongly related to the demand for an item or service at a particular price; all other things being equal, the supply offered by producers will increase if the price rises because all businesses aim to maximize profits.

Trends in supply and demand are what underpin the modern economy. Based on price, utility, and personal choice, any particular commodity or service will have its own unique supply and demand patterns.

Know more about supply with the help of the given link:

brainly.com/question/13296654

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A process cost summary for a production department accounts for all costs assigned to that department during the period plus cos

tigry1 [53]

Explanation:

The process cost shows the summary of the activities related to the production. It includes the cost of goods completed & transferred units and the ending work in process inventory.

So, the given statement is true

The indirect cost are come under the manufacturing overhead cost. So, it would be charged to overhead control account

Thus, the given statement is false.

The direct labor includes that labor which is directly related to the production process of a product. So the single production department is likely to be a direct labor

Thus, the given statement is true.

To record the allocation of overhead, the following journal entry is required

Work in Process Inventory, Baking Dept A/c Dr $24,500

To Factory overhead A/c $24,500

(Being the overhead allocation is recorded)

The computation is shown below:

= Direct labor cost × allocation rate

= $10,000 × 245%

= $24,500

Thus, the given statement is true.

7 0

3 years ago

Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses thi

vazorg [7]

Answer:

D) 3.48

Explanation:

Current Year Sales = $700

Growth rate = 15%

Projected Sales=$700*15% +$700

Which is $805

Required inventory = $30.2 + 0.25*projected sales

Req.Inv = $30.2 + 0.25($805)

Req.Inv = $231.45

Inventory turn over = projected sales/Req.inv

$805/$231.45

Inventory turn over = 3.48 times

8 0

2 years ago

_____ was founded in 1945, one year after the creation of the world bank, to promote trade through financial cooperation and eli

Eva8 [605]

International Monetary Fund (IMF) was founded in 1945, one year after the creation of the world bank, to promote trade through financial cooperation and eliminate trade barriers in the process.
IMF is an international organization headquartered in Washington, responsible for ensuring stability of the international monetary system.

6 0

2 years ago

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Imagine that a small manufacturing company decides to invest in a materials resources planning (MRP) system. This is a computeri

klio [65]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following,

The human resource functions that are likely to be affected by this change are Resource Management, Personal Data Management, Training, and Performance Management.

Human Resource Management helps the organization carry out this change successfully, explaining how these modifications can benefit the employees and the entire organization. HR has to use the proper means of internal communication to explain in advance the kinds of oof changes that are coming. This will prevent fear and anxiety, and eliminate rumors about the situation of the employees in the organization.

HR has to be careful in confirming that nobody is going to be fired by the arrival of new technologies. Then, HR has to explain in detail the many benefits in planning, scheduling, organizing, inventory, and many other benefits for each department. If employees do not feel threatened by this new technology they would welcome changes that allow them to do their work more productively.

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2 years ago

Which is NOT a career in plant systems? A. arborist B. landscaper C. botanist D. farmer

marishachu [46]

Answer:

I believe the answer in B. landscaper

Explanation:

It can't be A or C, and B makes more sense than D. If it for some reason isn't B, It should be D.

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2 years ago

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