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3 years ago

In the monetarist view, the long-run Phillips curve is____________.

Business

1 answer:

ollegr [7]3 years ago

6 0

Answer:

The correct answer is option E.

Explanation:

The Philips curve shows the inverse relationship between inflation and unemployment. The Philips curve, in the short run, is downward sloping L shaped indicating this inverse relationship.

But according to economists, in the long run, there is no trade-off between inflation rate and unemployment. The inflation and unemployment are related in the short run, they are not related in the long run.

The long-run Phillips curve is a vertical line at the point of the natural rate of unemployment.

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At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied.

nika2105 [10]

Answer:

$2.25 per unit

Explanation:

The computation of the cost per equivalent is shown below:

= Total conversion cost ÷ total units completed

where,

Total conversion cost is

= Beginning work in process conversion cost + cost of conversion added

= $20,250 + 271,125

= 291,375

And, the number of units is

= Units completed + work in process ending inventory units × completion percentage

= 115,700 units + 23,000 units × 60%

= 115,700 + 13,800

= 129,500 units

So, the cost per equivalent unit for conversion cost is

= $291,375 ÷ 129,500 units

= $2.25 per unit

4 0

3 years ago

ABC Co. purchased equipment for $72,000 on January 1, 2017. The equipment is expected to have a five-year life and a residual va

Korvikt [17]

Answer:

Depreciation expense for 2017: $26,400

The book value of the equipment at December 31, 2017: $45,600

Explanation:

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total cost of the equipment - Residual value = $72,000 - $6,000 = $66,000

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

Depreciation expense for 2017 = 40% x $66,000 = $26,400

Accumulated depreciation at December 31, 2017 = $26,400

Book value of the equipment at December 31, 2017 = Cost of the equipment - Accumulated depreciation at December 31, 2017 = $72,000 - $26,400 = $45,600

6 0

2 years ago

Jefferson Company has sales of $302,000 and cost of goods available for sale of $270,200. If the gross profit ratio is typically

mr_godi [17]

Answer:

Ending inventory is $58,800

Explanation:

The formula for the gross profit ratio is as under:

Gross profit ratio = Gross Profit / Sales

And here Sales is $302,000 and Gross profit ratio is 30%.

By putting values we have:

30% = Gross profit / $302,000

Gross Profit = 30% * $302,000 = $90,600

We also know that:

Gross Profit = Sales - Cost of sales

By putting values we have:

$90,600 = $302,000 - Cost of sales

Cost of Sales = $302,000 - 90,600

Cost of Sales = $211,400

The difference between the cost of goods available for sale and cost of goods sold is ending inventory.

Ending Inventory = $270,200 - $211,400 = $58,800

4 0

3 years ago

What is an exhibit?

Hunter-Best [27]

Answer:

exhibition for companies in a specific industry to showcase and demonstrate their new products and services. ... Also, an exhibition of businesses offering franchises and/or business opportunity packages for sale.

4 0

2 years ago

PLZZ HELP.Think of an advertisement that you found particularly effective. Describe the product and the advertisement. Explain w

yan [13]

Answer: I found Optimum Internet advertisement effective.

Explanation: I found optimum internet effective because not only does it cost less but it's a good deal.

I really don't know if this is will help but that's what I find effective.

8 0

2 years ago

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