Answer:
Assembly: 56,000 *Debit, Finishing: 40,000 *Debit, and Factory Overhead: 96,000 *Credit
Explanation:
Assembly
DM: 24,000
DL:35,000
FO: 35,000 x 160% =56,000
Finishing 26,000 and 25,000
FO 25,000 x 160% =40,000
Because a decrease in real autonomous spending results in a <u>fall</u> in the price level, the ultimate effect on real GDP is<u> smaller</u> that predicted by the multiplier.
Another significant discovery is made by Keynesian economics. You've learnt that Keynesians think fluctuations in total spending are what ultimately determine the level of economic activity in the short run (or aggregate demand).
Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.
Keynes noted that even while the economy starts at potential GDP, it is improbable that it will stay there because aggregate demand has a propensity to fluctuate.
In 2007, the collapse of the housing market caused a decline in U.S. investment spending. The Great Recession subsequently hit the American economy as a result.
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The agreement stage incorporates four key problem-solving steps. Each is briefly described below:
- Brainstorm as many solutions as possible: in the first step, several possible solutions to a problem are analyzed so that the best optimal solution can be considered.
- Develop an action plan: in this stage, a comprehensive plan is developed in which tasks are assigned to respective individuals with the resources to be used and the required amount of time to complete the tasks.
- Implement the action plan: this is the execution phase where the actual implementation of tasks is performed based on the requirements mentioned in the action plan.
- Evaluate outcomes and the process: this is the last step in which generated results and outcomes are evaluated to check if they are implemented as intended.
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Answer:
False
Explanation:
Of all the managers, managers of global social media campaigns are the ones who need to be most aware of the cultures in the countries in which they operate.
Answer: 22.71 million
Explanation:
The labor force refers to both the employed and unemployed populations of a country. In other words it comprises of those who are working and those who are not working but are able to and are currently seeking employment.
Labor force = Unemployed + Employed
= 3.4 + 1.72 + 4.4 + 13.19
= 22.71 million
Those who have not looked for work in sex weeks and above are not considered unemployed.
Part time employees are considered employed.