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3 years ago

Automatic stabilizers stabilize the level of real gdp because

1 answer:

kramer3 years ago

8 0

Automatic stabilizers stabilize the level of real GDP because federal expenditures and tax revenues change as the level of real GDP changes. GDP stands for gross domestic product and it's the value of all finished goods and services produced over a set period of time. Automatica stabilizers are economic policies and programs that are designed to help offset economic activity when it fluctuates during high and low times. This keeps the economy stable without the use of government or policy makers needing to intervene regularly.

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Wilson company paid 6,700 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The ba

Angelina_Jolie [31]

Answer:

Given that,

Total prepaid insurance = $6,700

Monthly insurance:

= Total prepaid insurance ÷ 4 months

= $6,700 ÷ 4 months

= $1,675

Insurance expense for two months:

= $6,700 - $1,675

= $5,025

Therefore, the adjusting entry required on December 31 is as follows:

Insurance expense A/c Dr. $5,025

To Prepaid insurance $5,025

(To record the adjusting entry for the insurance)

6 0

3 years ago

Discuss motown production techniques as applied to motown girl groups of the 1960s, including specific artists and performance/n

Liono4ka [1.6K]

Motown records was created by Berry Gordy Jr. who is an American record executive, record producer, song writer, film producer and television producer. The Motown record company played a very important role in the racial integration of popular music as an African-American owned label that got crossover success. Motown was the most successful record label of soul music. Motown producers believed "resolutely" in KISS principle (keep it simple stupid) and they used Pop production techniques such as the use of orchestral string sections, charted horn sections, and carefully arranged support vocals. Complex arrangements and melismatic vocal riffs were avoided.

8 0

4 years ago

Rajesh Indian Market (RIM) is open 12 months out of the year. At RIM, the demand for rice is very consistent 200 pounds per mont

Paladinen [302]

Answer:

A. 566 pounds

Explanation:

Given: Demand for rice is very consistent= 200 pounds per month.

Cost of rice per order= $50 per order.

Rice cost= $5 per pound.

Carrying charge= 15%

EOQ: Economic order quantity (EOQ) is the number of units that company should include in their inventory with each order to reduce cost of inventory.

Now, calculating EOQ.

Formula; EOQ= $\sqrt{\frac{2DP}{C} }$

D= Demand in units for specified period.

P= relevant ordering costs per order.

C= Relevant carrying cost of one unit in stock for the time period used for D.

EOQ= $\sqrt{\frac{2\times (50)(200\times 12)}{5\times 15\%} }$

⇒ EOQ= $\sqrt{\frac{2(50)(2400)}{5\times (0.15)} }$

Opening parenthesis

⇒ EOQ= $\sqrt{\frac{240000}{0.75} }$

⇒ EOQ= $\sqrt{320000}$

∴ EOQ= $565.68\ pound \approx 566\ pounds$

Hence, Economic order quantity is 566 pounds.

5 0

3 years ago

Which mastery color indicates Apprentice level? Yellow Gray Red Green

masha68 [24]

Answer:

Which mastery color indicates Apprentice level?

Yellow

Gray

Red

Green

Answer: Green

Explanation:

An apprentice level is an arrangement of preparing another age of experts of an exchange or calling with hands on preparing and frequently some going with (study hall work and perusing). Apprenticeships can likewise empower experts to increase a permit to rehearse in a directed calling. A large portion of their preparation is done while working for a business who enables the apprentices to get familiar with their exchange or calling, in return for their proceeded with work for a concurred period after they have accomplished quantifiable abilities. Apprenticeship lengths fluctuate altogether across parts, callings, jobs and societies. Individuals who effectively complete an apprenticeship at times can come to the "understudy" or expert accreditation level of fitness.

6 0

4 years ago

A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?

Karo-lina-s [1.5K]

Answer:

Explanation:

<h3>Given,</h3>

No. of peoples living in a country = 20,000

GDP of the country is = 50 million dollars or $50,000,000

$per \: capita \: gdp \: = \frac{country's \: total \: GDP }{country's \: total \: population}$

<h3>Therefore, </h3>

The per capita GDP of the given country will be

$= \frac{country's \: total \: GDP }{country's \: total \: population}$

$= \frac{50,000,000}{20,000}$

= $2500

<h3>Henceforth, </h3>

The per capita GDP of the given country is $2500 (Ans)

3 0

2 years ago