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a_sh-v [17]
3 years ago
13

When an economy is temporarily operating at an output that is beyond its full-employment rate it means that

Business
1 answer:
MrMuchimi3 years ago
3 0

It means that excess demand in resource markets will lead to higher resource prices, which will increase costs and direct the economy toward full employment.

Explanation:

An economy’s full employment output is the highest production level when all available resources are used efficiently. It equals the highest level of production an economy can sustain for the long-run. It is also referred to as the full employment production which results in long term supply of the finished good.

When there is increased demand then eventually there will be an increase in the price and also costs of the production which leads the economy towards the full employment output as it is a sustainable output.

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Luke works for a small​ start-up bank. the organizational structure is flat and collective decision making is the norm. he is fe
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3 years ago
Research suggests that passengers substantially increase the risk of a collision __________ . A. for all drivers B. only when an
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4 years ago
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When cash is received from a stockholder in exchange for common stock, the transaction is recorded by debiting Cash and creditin
MariettaO [177]

Answer:

Equity account

Explanation:

In the case when the cash is received in exchange of the common stock so here the cash is debited and credited the common stock i.e. equity account

The journal entry is

Cash Dr XXXXX

    To Common stock XXXXX

(Being exchange is recorded)

here cash is debited as it increased the assets and credited the common stock as it also increased the equity

5 0
3 years ago
For the year ending December 31, 2020, Splish Brothers Inc. reports net income $133,000 and cash dividends $90,000. Determine th
bixtya [17]

Answer:

Therefore retained earnings at December 31 is $273,000

Explanation:

Items that increase retail earnings include:

Beginning balance

Net income

Cash dividends

Beginning balance as at January 1,2020 = $ 230,000

Net income = $ 133,000

Cash dividends = ($90,000)

Therefore, retained earnings = Beginning balance + Net income -Cash dividends

= $230,000 + $133,000 - $90,000

= $ 273,000

3 0
3 years ago
Sally, Greg, Juan, and Amar are working on a project for a customer that is aimed at cutting the client's electrical costs. The
creativ13 [48]

Answer: Option A

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In the given case, all the four individuals are working for cutting clients cost and are operating through electronic mediums.

Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
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