When economists say that monetary policy can exhibit cyclical asymmetry, this simply means that expansionary and restrictive monetary policy do not have the same potential for economic contraction and expansion. This is an imbalance in terms of economic factors in the economy.<span> </span>
Answer:
2018: 8 months
Depreciation= $916,67
2019: full year
Depreciation= $1375
Explanation:
Giving the following information:
Taco Hut purchased equipment on May 1, 2018.
Price: $15,000.
Residual value: $4,000
Useful life: 8 year
We need to calculate the depreciation for 2018 and 2019 using straight-line method:
Depreciation= (purchase price- residual value)/useful life
Depreciation= (15000-4000)/8= $1375
2018: 8 months
Depreciation=(1375/12)*8= 916,67
2019: full year
Depreciation= $1375
Answer:
amount of direct materials that should be used for each unit of finished product including an allowance for normal inefficiencies, such as scrap and spoilage.
Explanation:
Standard quantity per unit is defined as materials that the manufacturer needs to complete a unit of a product. It also allows for inefficiencies such as spoilage and scrap.
It is used by managers to reduce wastage that exists during production by allocation of only the required amount of direct materials in the production process.
By definition, macroeconomics is the term that is to describe the study of economics wherein it is mostly concerned on how an economy operates, in contrast to microeconomics. Therefore, one aspect that macroeconomist is not primarily concerned would be the purchases of a single individual.
Answer:
<u>Management theory that analysis work settings.</u>
Explanation:
- The scientific management is theory which is pioneered by F.Taylor whose main objective was to provide an economic efficiency specially in labour productivity.
- Began to develop his theory in the 80s and 90s in industrial manufacturing especially steel his work included logical analysis, efficiency and the elimination of wastes.
- He observed most workers were forced to perform repetitive tasks at the slowest rate and thus he focused on the aspect of time.
