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Igoryamba
4 years ago
8

which of the following statements is true of the economy in the long run? In the long run, real GDP eventually moves to potentia

l because all wages and prices are assumed to be flexible. the economy can achieve its natural level of employment and potential output at any price level. there is no cyclical unemployment.
Business
1 answer:
garri49 [273]4 years ago
5 0

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.

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Jen is a sales manager for a large car dealership. She motivates her salespeople, provides leadership, teaches her sales teams t
ira [324]

Answer: directing function

Explanation: In simple words, directing refers to the function in which a manger instructs and guides his or her subordinates so that the organisation can achieve its predetermined goals.

In the given case, Jen is motivating and teaching her employees and after that she is evaluating the result of performance.

Hence from the above we can conclude that she is performing directing function.

3 0
4 years ago
Traditional project management focuses on thorough planning up front. such planning requires ____.
vivado [14]

Traditional project management focuses on thorough planning up front. Such planning requires predictability.

The traditional project management is a practice which includes a set of developed techniques which are used in order for planning, execution, monitoring, closure, and estimating. Here the projects are run in a sequential cycle.

The planning which is done in traditional project management, this planning requires predictability. Thus, the predictability is considered an important factor here. A traditional project management focuses on upfront planning where factors like cost, scope, and time are given importance.

Hence, the entire project is planned upfront without any scope for changing requirements.

To learn more about traditional project management here:

brainly.com/question/28139249

#SPJ4

4 0
2 years ago
Headland Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $79,200. Headland determi
Allisa [31]

Answer:

The Journal Entry is as follows:

Loss on Impairment $8,400

Debt Investment ($8,400)

Explanation:

Given.

Carrying Value = $79,200

Decreased Value = $70,800

Differences = $79,200 - $70,800

Differences = $8,400

Since the loss in value is determined, uncollectible.

The required entry on the journal entry are the amount loss on impairment and the amount invested on debt.

The Journal Entry is as follows:

Loss on Impairment $8,400

Debt Investment ($8,400)

7 0
3 years ago
The allowance for doubtful accounts, which appears as a deduction from accounts receivable on a balance sheet and which is based
Dmitry [639]

The answer is<u> "b.expense recognition principle".</u>


The expense recognition principle expresses that costs ought to be perceived in indistinguishable period from the incomes to which they relate. On the off chance that this were not the situation, costs would probably be perceived as acquired, which may originate before or take after the period in which the related measure of income is perceived.  

The expense recognition principle is a center component of the gathering premise of bookkeeping, which holds that incomes are perceived when earned and costs when devoured. On the off chance that a business were to rather perceive costs when it pays providers, this is known as the money premise of accounting.

7 0
4 years ago
Jacobs Company has inventory of 15 units at a cost of $12 each on June 1. On June 5, Jacobs purchased 10 units at $13 per unit.
Crank

Answer:

The value of the inventory on hand is $210

Explanation:

Inventory on hand / purchased;

June 1 - 15 units at $12

June 5 - 10 units at $13

June 12 - 20 units at $14

total units on hand = 45 units

Sale - 30 units sold

units left on hand 15.

Since there are only 15 units left on hand, and the $12 and $13 inventory units have all been sold since they were in first before the inventory purchased on June 12 the value of the inventory on hand is 15 x $14 = $210.

8 0
3 years ago
Read 2 more answers
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