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Digiron [165]
1 year ago
11

A decrease in transfer payments has the same basic effect on aggregate demand as?

Business
1 answer:
SashulF [63]1 year ago
8 0

A decrease in transfer payments has the same basic effect on aggregate demand as larger the marginal propensity to save.

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.

When the change in the  transfer payments, it affects the consumption level of the individual, which results in the shift in the aggregate demand of the product.

Therefore, it can be concluded that A reduction in transfer payments has the same basic effect on aggregate demand as an increase in the marginal propensity to save.

Learn more about aggregate demand here:

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During the course of your examination of the financial statements of the Hales Corporation for the year ended December 31, 2021,
Natasha2012 [34]

Answer:

adjusting entries:

a. An insurance policy covering three years was purchased on January 1, 2021, for $6,600. The entire amount was debited to insurance expense and no adjusting entry was recorded for this item.

Dr Prepaid insurance 4,000

    Cr Insurance expense 4,000

b. During 2021, the company received a $850 cash advance from a customer for merchandise to be manufactured and shipped in 2022. The $850 was credited to sales revenue. No entry was recorded for the cost of merchandise.

Dr Sales revenue 850

    Cr Unearned revenue 850

c. There were no supplies listed in the balance sheet under assets. However, you discover that supplies costing $900 were on hand at December 31.

Dr Supplies 900

    Cr Supplies expense 900

d. Hales borrowed $25,000 from a local bank on October 1, 2021. Principal and interest at 12% will be paid on September 30, 2022. No accrual was recorded for interest.

Dr Interest expense 750

    Cr Interest payable 750

e. Net income reported in the 2021 income statement is $40,000 before reflecting any of the above items.

net income after adjustments = $40,000 + $4,000 - $850 + $900 - $750 = $43,300

4 0
3 years ago
The school board is trying to evaluate a new math program introduced to second-graders in five elementary schools across the cou
Komok [63]

Answer:

a) The chart tell us that all the point are between the upper and lower control limits, so the process is under control.

b) Since the process under control, the number of defects are controled and we know with a 99.3 % of certainty the average of them, so the program is  effective.

Explanation:

In order to draw a C chart we should calculate the  average test errors and the control limits of the chart

The average test errors is = (52+27+35+44+55)/5= 42.6 = c

This will be the middle line in the chart.

Then, the Upper and lower control limits are:

LCL=  c-m *sqr(c) and UCL= c+ m *sqr(c)

In this case, since we are told to contain the 99,7% of random variation, this means that we are working with a 6 sigma.

So m will be 3 (3 sigma) for the upper limit control and 3 (3 sigma) for the lower limit control:

LCL= 42.6 -3*sqr(42,6) = 23.0

UCL= 42.6+3*sqr(42,6) = 62.2

(the graphic is attached)

As we can see, al the test error values are between the control limits, so the program is undercontrol

Download xlsx
6 0
3 years ago
Any cost that remains unchanged as output changes represents a​ firm's A. opportunity cost. B. fixed cost. C. marginal cost. D.
patriot [66]

Answer:1. Fixed Cost

...2. Variable cost

3. Farmland.

Explanation:

Fixed cost remains fixed no matter the change in output eg cost of building, whereas a variable cost change as the level of output increase e.g raw material cost.

The land is example of fixed cost to a famer which does not vary with the level of output.

6 0
3 years ago
In the hospitality industry, it is typical for a manager to be expected to analyze the profit and loss or operating statement on
valina [46]

Answer:

True

Explanation:

FAU stuff

3 0
3 years ago
Why do project managers have to be aware of organizational culture to help guide a project to success?
natulia [17]

<u>To be able to communicate with </u><u>various departments</u><u> as well as </u><u>external stakeholders.</u>

What are the three ways that organizational culture impacts project management?

Project management can be impacted by organizational culture and project management culture in at least four different ways:

  • Interdepartmental communication,
  • goal-setting by employees,
  • project planning,
  • performance evaluation.

What are the critical success factors for organizational structure and culture in project management?

These include elements of the organization's external environment, human factors, project factors, project work procedures, and project implementation.

Why do project managers have to be aware of organizational culture?

  • Organizational culture has an impact on how employees work together to accomplish common goals.
  • A culture that promotes and actively works to improve project management practices is likely to prosper.
  • Focus on simple-to-measure behaviors and actions if you need to change people's attitudes

Learn more about Organizational Culture

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6 0
2 years ago
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