Answer:
All of these is true.
Explanation:
In the long run, the real GDP moves to potential level. It is because in the long run when the price level increases, the price of factor inputs increases as well.
The economy can produce reach natural rate of employment and potential output at any price level. Increase in price does not cause the output to increase in the long run.
Improvement in the state of technology or increase in available resources causes the output level to increase.
Cyclical unemployment will not exist in the long run, only natural unemployment will exist. All the available resources will be fully employed in the long run.
Answer:
The correct answer is option A.
Explanation:
The exit of existing firms from the market will reduce the overall market supply. This will cause the market supply curve to move to the left.
This leftward shift in the market supply curve will lead to an increase in the equilibrium price. The equilibrium quantity will be reduced.
The other firms in the market will get more market share and higher profits.
<span>Typically, the final hiring decision in large organizations is made by the "department supervisor".
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When we talk about the role or part of the department supervisor then it is an unpredictable one. He/She won't simply be somebody who manages work by others. A supervisor is likewise in charge of training, settling issues and filling in as a connection amongst subordinates and upper administration. The perfect candidate is one who will be a capable and ready to guide and prepare workers.
Answer:
Centralize decision making
Explanation:
From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.
Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.
Answer:
Dr Cash 254,430
Dr Discount on bonds payable 2,570
Cr Bonds payable 257,000
Explanation:
Preparation of the journal entry to record the sale of these bonds on March 1, 2022
Based on the information given we were told that Brothers Inc. issues the amount of $257,000 that includes 10-year and 8% bonds at 99 which means that the journal entry to record the sale of these bonds on March 1, 2022 will be :
March 1, 2022
Dr Cash 254,430
(257,000*99%)
Dr Discount on bonds payable 2,570
([$257,000*(100%-99%)]
Cr Bonds payable 257,000
(Being to record the sale of bonds)
