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3 years ago

What are the short-run economic effects when u.s. firms substitute labor outside of the u.s. for labor inside the u.s.?

1 answer:

4 0

<span>There will be a rise in employment and drop in the unemployment rate. It will be ideal for the US economy as the economy is driven on consumerism. More people with jobs means more spending. This will improve the GDP forecast and overall strengthen the broader economy.</span>

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In its cash flow statement for the current year, Fox Co. reported cash paid for interest of $70,000. Fox did not capitalize any

Nina [5.8K]

Answer:

$76,000

Explanation:

The calculation of the interest expense is shown below:

= Reported amount of cash paid for interest + Decrease in prepaid interest - decrease in accrued interest payable

= $70,000 + $23,000 - $17,000

= $76,000

The decrease in prepaid interest is classified as a current asset and the accrued interest payable is current liabilities and we know that the rise in current assets and a decline in current liabilities are excluded, while the decline in current assets and an increase in current liabilities are included.

6 0

3 years ago

Consider this statement: "Persistent inflation in a growing economy is possible only if the aggregate demand curve shifts right

horrorfan [7]

Answer:

This statement is describing demand pull inflation.

Explanation:

If the aggregate demand increases the demand curve will shift rightwards. But if the increase in demand is higher than increase in supply this will lead to an increase in the price level. The output level will increase but constant increase in price will cause inflationary pressures. This is referred toa as demand-side inflation.

4 0

3 years ago

11 True or False: Alcohol has to be broken down by the digestive system. True OFalse

dangina [55]

Answer:

False.

Explanation:

Alcohol is not digested like other foods. Once alcohol is swallowed, it travels down the esophagus into the stomach and the small intestine. It avoids the normal digestive process and goes right into the bloodstream.

8 0

3 years ago

Read 2 more answers

What would likely have the most severe immediate effect on an economy? Multiple Choice A significant drop in exports. The Fed's

madreJ [45]

Answer:

A failure of the financial sector.

Explanation:

Financial sector indicates all banks and non-banking institutions. These sectors are the source of money supply in an economy. If this sector fails to do such work, the economy might face severe money crisis and the effect would be immediate. An example of it is 2007-08 depression in the US economy.

3 0

4 years ago

Kloss Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $300 mil

tia_tia [17]

Answer:

$256,196,490

Explanation:

The computation of the interest expense recognized in 2021 income statement is shown below:

For cash interest for 3 months, it would be

= $300,000,000 × 4% × 3 months ÷ 12 months

= $3,000,000

For 3 months, it would be

= $255,369,000 × 6% × 3 months ÷ 12 months

= $3,830,490

The change in carrying value is

= $3,830,490 - $3,000,000

= $830,490

So, the interest expense is

= $255,369,000 + $830,490

= $256,196,490

The 3 months is calculated from October 1 to December 31

3 0

3 years ago