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zvonat [6]
3 years ago
13

Future economic trends are not influenced by economic theories. True or false?

Business
1 answer:
nikklg [1K]3 years ago
5 0
That statement is false.
Economic theories will determine how companies see the market and will somehow affect the decision that they will make for the market.
This decision will influence the future economic trends because these companies usually are really forward thinkers. From this, we could draw a correlation between future economic trends and economic theories
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Purchasing Power Parity (PPP) theory states that A. the exchange rate between currencies of two countries should be equal to the
natulia [17]

Answer:

The correct answer is A and B

Explanation:

PPP stands for Purchasing Power Parity, which is a theory that states or define as the exchange rate among the currencies of 2 countries, which should be equal to the ratio of the price levels of the countries.

It is grounded on The Law of One Price, which states all the identical goods  have the same price.

As the purchasing power of the currency which sharply decrease because of hyperinflation, that currency will be depreciated against the stable currencies.

8 0
2 years ago
Categories of manufacturing costs include ______. Multiple select question. direct labor manufacturing overhead direct materials
Luda [366]

Firms do create goods. Categories of manufacturing costs include direct labor, direct materials and manufacturing overhead.

<h3>What are manufacturing costs?</h3>

Manufacturing costs is grouped into materials, labor, and overhead. They are kinds of  direct costs.

Manufacturing cost is known to be the amount of costs of all resources taken into the process of creating a product. The manufacturing cost is grouped into three categories called: direct materials cost, direct labor cost and manufacturing overhead.

Learn more about manufacturing costs  from

brainly.com/question/13767214

4 0
2 years ago
Nathan is a sales rep who, based on last year, averaged $2,200 of monthly commission before taxes. He should include
Ray Of Light [21]

False, Nathan should not include this in his budget.

When budgeting, there are several things that one should include such as:

  • net income
  • debt repayments
  • food
  • utilities
  • insurance
  • savings and others

Notice how one should include their net income not their gross income. Net income is what comes after tax and this is the disposable income that a person has and can spend from.

In conclusion, Nathan should only include his net income and as this commission is before taxes, he should not include it.

<em>Find out more at brainly.com/question/17474938.</em>

7 0
3 years ago
Mara and Jade are part of a team at Citrus Inc. The team has an eight-hour work shift, and the team members have to report to th
DENIUS [597]

Answer:

This team is an example of a traditional work group.

Explanation:

Traditional teams, also known as conventional consist of individuals working in physical proximity.

8 0
3 years ago
On January 1, 2021, Gundy Enterprises purchases an office building for $151,000, paying $41,000 down and borrowing the remaining
Nataly_w [17]

Answer:Gundy Enterprise journal $

Date

Jan 31 2021

Income statementl Dr 641.67

Mortage Interest. Cr. 641.67

Recognition of interest payable on mortgage loan for December 2021

Jan 31 2021

Mortgage principal Dr 635.52

Mortgage interest Dr. 641.67

Bank Cr. 1277.19

Narration.payment of principal and interest Interest due on mortgage loan as at January 31 2021.

Explanation:

The monthly installment payments of $1277.19 consist of both the principal sum and accompanying monthly interest.

The interest needs to be first recognized as an expenses into the income statement and increase in the mortgage loan. This will prevent an over deduction on the mortgage loan.

4 0
3 years ago
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