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4 years ago

The short-run phillips curve shows that, other things remaining the same, _______.

1 answer:

4 0

The short- run Phillips curve shows the relationship between inflation and the unemployment rate f<span>or a given level of anticipated inflation and natural unemployment rate</span><span>
The short-run Phillips curve shows that, other things remaining the same, </span>real GDP increases above potential GDP.

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What is one example of a planned economy?

Daniel [21]

Answer:

socialist economy

Explanation:

A planned economy is a system where the government or the central authority makes all major economic decisions. The government decides on the type and quantities of goods to produce and for whom to produce. In the planned economy, factors of production belong to the government. Manufacture of goods and services is motivated by service to the community, not profits.

A socialist economy is a good example of a planned economy. Just like in a planned economy, a socialist economy is characterized by heavy government involvement. The state controls the factors of production. Public service is the reason for economic production, while consumers do not have the liberty to choose products.

6 0

3 years ago

If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the areaâ€™s real estate values

love history [14]

Answer:

Supply and demand

Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

6 0

3 years ago

Zachary Corporation expects to incur indirect overhead costs of $163,150 per month and direct manufacturing costs of $19 per uni

Arlecino [84]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated overhead cost a month= 163,150

Direct manufacturing costs= $19 per unit.

Estimated production in units

January= 4,800

February= 8,600

March= 4,600

April= 7,100

Total= 25,100 units

Total overhead= 163,150*4= $652,600

A) To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 652,600/25,100= $26 per unit

B) To allocate overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January= 26*4,800= $124,800

February= 26*8,600= $223,600

March= 26*4,600= $119,600

April= 26*7,100= $184,600

C) The total cost per unit is calculated using the allocated overhead and the direct manufacturing cost per unit.

Total cost per unit= unitary overhead + direct manufacturing cost per unit

Because the unitary allocated overhead and direct manufacturing cost per unit remain constant during the four months, the total cost per unit is the same.

Total cost per unit= 26 + 19= $45

5 0

3 years ago

Suppose that a rap grouprap group called RG 2RG2 has released its first CD with LiveLive Records at an intended list price of $

GuDViN [60]

Answer:

D) The recording label should expand the production and distribution of RG 2RG2's first CD.

Explanation:

According to the law of supply and demand, since the customers are willing to pay a price higher than equilibrium price, that means that their is a shortage of the product or service and that the supply should increase in order to get the price back to equilibrium price.

7 0

3 years ago

50 points !!!!! Please help me!!! This is about Simple path to wealth by JL Collins

Irina18 [472]

Answer:

sorry need koren po ng point kasi mag a ask lang din nmn po ako thnks po:(

6 0

3 years ago

The​ short-run phillips curve shows​ that, other things remaining the​ same, _______.

The short-run phillips curve shows that, other things remaining the same, _______.