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3 years ago

What are three effects inflation have on an economy

1 answer:

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1. Hardships for poor people and fixed income salaried households
2. Business Profits tend to go up in times of inflation 
3. Demand for pay hikes and wage increases

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Now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to th

scoundrel [369]

Answer:The output will be $billion and the price level will increase.

Explanation:Long term accommodative policies by government causes a shift to the right of aggregate demand curve in response to the left shifting of the aggregate supply curve in the short run.

This change will definitely cause an increase in aggregate demand without a corresponding increase in aggregate supply to meet the demand.

In doing this the government aims to permanently higher prices in order to restore employment and output to it's original level.

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3 years ago

Dynamic Production Services started the year with total assets of $130,000 and total liabilities of $50,000. The company is a so

____ [38]

Answer:

C) $40,000.

Explanation:

As we know, the net income is a difference between the total revenues and the total expenditure incurred

Net income = Total revenues earned - Total expenditure incurred

= $100,000 - $60,000

= $40,000

By subtracting the total expenses from the total revenues we can find out the net income and the same method is applied in the above calculation

6 0

3 years ago

The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June,

garik1379 [7]

Answer:

1. Cost of the raw materials $8200

2. Total Direct Labor In June $ 2520

3. Predetermined Overhead Rate 40%

4. Cost transferred to finished goods $ 8978

Costs of Ending WIP $ 6320

Explanation:

1. Cost of the raw materials $8200

Job 602 $ 1500

Job 603 $ 3200

Job 604 $3100

Total May Costs $400

Total Job Costs = Jobs, 602+ 603+ 604= $7800

2. Total Direct Labor In June $ 2520

Job 602 $1000

Job 603 $1520

3. Predetermined Overhead Rate= Overhead Cost/ Direct labor Cost

Job602 = 400/1000 *100= 40%

Job 603= 608/1520 *100 = 40%

4. Cost transferred to finished goods

Job 602 603 604

Raw Materials $ 1,500+400 $ 3,200 $ 3,100

Direct labor 1,000 +250 1,520 2,300

Overhead Applied 400+100 608 920

Total Cost 3650 5328 6320

Cost transferred to finished goods = 3650 + 5328= 8978

Costs of Ending WIP $ 6320

Completed jobs are sent to finished goods and incomplete job are in the ending work in process inventory.

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3 years ago

Mark is a software tester. He runs through the same types of programs day after day looking for bugs and reporting them. He is t

Alexandra [31]

The job characteristics that Andrew needs to improve include debugging and coding because these two characteristics will help him not only to identify but to deal with bugs

A bug occurs as there is a problem in the coding of a system or program. Bugs are more common than it is believed and they should be not only identified on time but also solved.

The process of eliminating bugs is known as debugging, this process requires specific techniques to identify bugs and after this, eliminate the bugs from the program or system. Mark needs to improve in this area because he knows how to identify the bugs but he does not know the techniques to eliminate them.

Moreover, Mark needs to improve in programming as this is the main way to eliminate bugs. This means, improving in programming will help Mark to improve in debugging.

Learn more in: brainly.com/question/24946752

6 0

3 years ago

Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as neede

dedylja [7]

Answer:

The Fitness Fanatics’s return on investment (ROI) is 15%.

Explanation:

Return on investment (ROI) can be computed as the ratio of the net operating income to average operating assets as expressed in percentage as follows:

ROI = Net operating income / Average operating assets .............. (1)

Where, for Fitness Fanatics, we have:

Net operating income = $15,000

Average operating assets = $100,000

Substituting this into equation (1), we have:

ROI = $15,000 / $100,000 = 0.15, or 15%

Therefore, the Fitness Fanatics’s return on investment (ROI) is 15%.

7 0

3 years ago