<span>A few of the tools economists use to evaluate the macroeconomy are supply and demand graphs, unemployment charts, and inflation vs. deflation graphs. They measure this by Gross Domestic Product(GDP), a national pole of who is employed, and also consumer reports to see what is being purchased most versus least.</span>
Answer:
The amount of gain that Flint should recognize in its income statement for year 2 is $60,000,option A.
Explanation:
The losses recorded in January is offset against the disposal proceeds of the asset,thereby leaving a gain of $60000($90000-$30000)
The losses recorded in December of year 1 is not relevant in computing gain or loss for year 2 as the losses would have been recorded since gains and losses from discontinued operations are expected to be reported same year.
Answer: b. Give personal emails and phone calls to employees at any level in the organization and thank them for their hard work and service to the company
Explanation:
It is said that appreciation is the application for more, when people are thanked, they often tend to go the extra mile to do their best for the organization, this in turn will build the work force that will push unity and effectiveness both as a team and individually and would rub off in theor services to their customers. Encouraging the workers would go a long way to improve the services of the airline.
Why estimated overhead costs (rather than actual overhead costs) are used in the costing process is explained below.
A predetermined cost is an expenditure that a company estimates ahead of time.
This cost is calculated prior to the purpose of production and includes all variable costs that affect production in a manufacturing business.
Actual overhead costs are difficult to calculate for each job, especially in a production environment with a large number of jobs.
As a result, overhead costs are allocated according to some standardized methods, which may link overhead costs to direct labor, machining time, and material used in each job.
Manufacturing overhead in a manufacturing organization refers to indirect costs that are required for production but cannot be traced back to individual products.
Machine depreciation and factory rental are two examples of manufacturing overhead costs.
Hence, computation of predetermined overhead rates is given above.
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Answer: Cyclical asymmetry
Explanation:
In economics, Cyclical asymmetry is defined as
A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.
It includes employment rates, interest rates, debt retention, bond strengths, or stock market imbalances.
If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.
Since this happens due to the cyclical reaction of the government.
This means that,
This situation is a problem of <u>cyclical asymmetry</u>.