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7 months ago

A situation in which both unemployment and inflation rates are high is known as ______.

1 answer:

7 0

Stagflation is a condition in which both the unemployment rate and the inflation rate are high. Stagflation is characterised by slower economic development, low employment rates, and increased inflation rates. Stagflation is the occurrence of low economic growth, high unemployment.

In terms of economics, stagflation, sometimes known as recession-inflation, is a state in which unemployment is consistently high, the economy is growing slowly, and the inflation rate is high or rising. When inflation and economic stagnation coexist, this is known as stagflation. The economy is in a state of stagnation due to rising unemployment.

The term "stagflation" was first used in the 1970s, a period of both high inflation and rising unemployment. Stagflation wasn't commonly acknowledged until the middle of the 20th century.

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Answer:

$160,000

Explanation:

Data provided in the question:

Value of the building acquired = $170,000

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Selling price of the stocks = $16 per share

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The amount for which the building will be recorded by Steak Company is the market value of the shares that has been exchanges to acquire the building.

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2 years ago

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Answer:

Total Manufacturing Cost = $96,347

Explanation:

Total manufacturing cost include all the costs related directly to the production, and does not include any indirect costs, or cost of selling and administration.

Thus, for the information provided we have,

Since not provided assumed no opening and closing inventory.

Total manufacturing cost =

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3 years ago

larisa86 [58]

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The recommended approach for strategy formulation by a leader is for him or her to inspire a large number of people to help achieve organizational purposes.

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2 years ago

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3 years ago