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bekas [8.4K]
3 years ago
6

5) If workers demand and receive higher real wages (a successful wage push), the cost of production ________ and the short-run a

ggregate supply curve shifts ________. A) rises; rightward B) falls; rightward C) rises; leftward D) falls; leftward
Business
1 answer:
luda_lava [24]3 years ago
6 0

Answer:

The answer is C.

Explanation:

If workers demand and receive higher real wages the cost of production will rise. This is because workers(labor) is an input of production. The wages is the reward for the direct labor for work done. So increase in wages lead to an increase cost of production.

Due to this, the short-run aggregate supply curve shifts leftward i.e reduces the market supply because producers will produce less at a high cost of production and produce more at a lower cost of production.

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Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol
lilavasa [31]

Answer:

Given Below

Explanation:

<em><u>Golden Eagle Company</u></em>

<em><u>General Journal </u></em>

<em><u>Adjusting Entries December 31st </u></em>

Sr. No                Particulars                 Debit              Credit

1.              Supplies   Expense           $ 1000 Dr.

                     Supplies Account                                      $ 1000 Cr.

The supplies that were at the end of Nov have been used and new supplies purchased are still on hand.

2.          Insurance   Expense           $ 1000 Dr.

                  Prepaid Insurance                                       1,000 Cr.

Insurance cost is $1,000 per month. Insurance of $1000 expired during the month of December.

3.                  Salaries Expense        $ 14000 Dr.

                                Salaries Payable                           $ 14000 Cr.

Salaries for December owed for December are $14,000.

4.             Unearned Revenue            $ 500 Dr.

                                  Revenue Earned                       $ 500 Cr.

Defered Revenue earned at the end of December.

3 0
3 years ago
Economists know it is best to track inflation because a. It distorts prices b. It distorts statistics about overall economic per
UkoKoshka [18]

Answer:

c. it makes prices rise

Explanation:

Inflation describes a situation where there is a general increase in prices in the country. Inflation is directly linked to economic growth. A high growth rate results in high inflation.

Inflation causes prices to rise, reducing the purchasing power of money. A reduction in purchasing power means a unit of money will buy fewer items than it did previously. The government puts in measures to counter inflation to stabilize prices and prevent erosion of purchasing power.

Low inflation indicates slow economic growth, low employment, and a reduction in prices.

5 0
3 years ago
Explain how the accounting for a fair value hedge differs for the hedged item and for the hedging item compared to the accountin
igomit [66]

A cash flow hedge is accounted for differently than a fair value hedge.

<h3>What is a Fair Value Hedge?</h3>

Fair price hedges may be used to mitigate the danger of modifications withinside the truthful marketplace price of liabilities, belongings, or different company commitments. Generally, truthful price hedges pass withinside the contrary route of the hedged object so they may be used to cancel out your losses. As a result, derivatives like alternatives and futures are fantastic examples of truthful price hedges.

<h3>What is a Cash Flow Hedge?</h3>

Cash go with the drift hedges can assist to mitigate the dangers which are related to surprising modifications in coins flows of belongings or liabilities, instead of the asset or legal responsibility itself. There are many various factors that could result in those kinds of modifications, inclusive of increases/decreases in forex rates, modifications in hobby rates, modifications in asset prices, and so on.

<h3>What’s the distinction among Cash Flow Hedge and Fair Value Hedge?</h3>

As you could see, the important thing distinction among a coins go with the drift hedge and a truthful price hedge is the hedged object. With a coins go with the drift hedge, you’re hedging the modifications in coins influx and outflow from belongings and liabilities, while truthful price hedges assist to mitigate your publicity to modifications withinside the price of belongings or liabilities. So, at the same time as truthful price hedges are first-rate acceptable to constant price items, the blessings of coins go with the drift hedges lead them to perfect for variable price items.

Learn more about Hedging on:

brainly.com/question/22282124

#SPJ4

4 0
2 years ago
Is W. L. Gore a mechanistic or an organic organization? Support your answer with examples from the case
Jet001 [13]

W. L. Gore has nearly 10,000 employees and more than $3 billion in annual revenues, but, as noted earlier, uses an extremely organic organizational structure. Employees have no bosses, participate on teams, and often create roles for themselves to fill functional gaps within the company.

4 0
2 years ago
A personal trainer is advising a client on caloric distribution. Which of the following falls within the Acceptable Macronutrien
Aleonysh [2.5K]

Answer: C. 0.3

Explanation: The Acceptable Macronutrient Distribution Range (AMDR) usually expressed as percentage of total daily intake of energy is defined as the range of intakes for a particular energy source (protein, fat, carbohydrate etc) that is associated with reduced risk of chronic disease while providing adequate intakes of essential nutrients required by the body. For proteins this is within the range of 10 to 35%, expressed as fraction, 0.1 to 0.35. Option C falls within this range and therefore is the correct answer.

8 0
2 years ago
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