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3 years ago

A supply shock is

1 answer:

4 0

1) A supply shock is a sudden increase in the price of an important natural resource, resulting in a leftward shift of the sras curve. Because the change is so sudden it really affects the equilibrium price of the good or service within the economy.

2) Stagflation is a combination of inflation and recession. Stagflation typically occurs because of supply shock.

3) Stagflation occurs when a supply shock shifts the sras to the left, increasing the price level and decreasing actual GDP.

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List of People and Business you would include on your team:

nlexa [21]

Answer:

Technologically wise poeple

I have a zeal for learning coding

5 0

2 years ago

White Company has two departments, Cutting and Finishing.

GaryK [48]

Answer:

Cutting = $10.99 per machine hour

Finishing= $15.28 per direct labour hours.

Explanation:

The question requests the predetermined overhead rate for Cutting department and Finishing department

Step 1: What is the formula for the pre-determined overhead rate

For the Cutting Department

Predetermined Overhead rate= The total fixed manufacturing Overhead/ Total Machine Hours +Variable Manufacturing Overhead rate per machine hour.

= $390,000/$43,400) + $2

= $10.99 per machine hour

For the Finishing Department

Predetermined Overhead rate= The total fixed manufacturing Overhead/ Total Labour Hours +Variable Manufacturing Overhead rate per machine hour.

= $496,000/43,000) + $3.75

= $15.28 per direct labour hours.

7 0

4 years ago

Which of the following is likely to cause a decrease in the equilibrium U.S. interest rate, other things being equal? a. an incr

garik1379 [7]

Answer:

The correct answer is d. pessimistic economic projections that cause businesses to reduce expansion plans.

Explanation:

Economic projections are quantitative studies which seek to describe how the growth of an economy will be in a certain period of time towards the future. These are based on existing economic models, in addition to historical reports, to identify patterns in which they know where the economy will go.

This information is of great interest to different sectors, for example, investors will always be interested in knowing which sectors of the industry will grow in the future, to invest in shares of leading companies in that area; people are always eager to know how the economy will be, in order to decide if it is good time to spend or save; Well, governments can do these studies to find out if it is necessary to implement any program to prevent economic problems.

5 0

3 years ago

Cleveland Company purchased $2,700 of inventory on account from Pinto Industries on March 8th. The terms were 2/15, n/45. Clevel

Gala2k [10]

Solution:

Accounts Payable $2900

Cash $2691

Inventory $209

Cleveland didn't pay during the discount period,

So the amount due is $2,700 - 450 = $2,250

Cash was charged in freight charges prior to delivery of the invoice.

4 0

3 years ago

Colah Company purchased $2,400,000 of Jackson, Inc., 6% bonds at their face amount on July 1, 2021, with interest paid semi-annu

m_a_m_a [10]

Answer:

Dr bonds investment $2,400,000

Cr cash $2,400,000

Dr cash $ 72,000.00

Cr interest revenue $72,000.00

Dr fair value adjustment $ 340,000.00

Cr unrealized gains $340,000.00

2022:

Dr cash $ 72,000.00

Cr interest revenue $72,000.00

Dr realized loss($2,160,000-$2,400,000) $240,000

Cr fair value adjustment $240,000

sale of bonds:

Dr cash $2,160,000

Dr realized loss $240,000

Cr bonds investment $2,400,000

Explanation:

Upon purchase of investment,the bond investments is debited with $2.4 million and cash credited with same amount

Interest revenue for last half year=$2,400,000*6%*6/12=$72,000.00

unrealized gains=$2,740,000-$2,400,000=$340,000.00

Interest for first half of 20222=$2,400,000*6%*6/12=$72,000.00

7 0

3 years ago