Answer:
When the economy reaches full real output, there is no spare capacity left and therefore as real output increases, the price level will increase. There are no workers left in the economy as full employment is reached.
Answer:
c rose by 3 percent.
Explanation:
Real income is nominal income less price level changes.
Real income = nominal income - changes in price level
4.6 % - 1.6% = 3%
I hope my answer helps you
Answer:
Cost of good manufactured= $1507100
Explanation:
To calculate the cost of manufactured goods we need to use the following formula:
Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress
Beginning work in progress= 72400
Direct materials = beginning inventory + purchase - ending inventory= 519800
Direct labor= 226700
Manufactured overhead= 775800
Ending work in progress= 87600
Cost of good manufactured= 72400 + 519800 + 226700 + 775800 - 87600= $1507100
<span>major internal concerns that could affect the incorporation of social media into emergency management are:
</span>- How to track, use and protect citizen's privacy and personal information
Because many people with bad intent could easily obtain their target's information through social media
-. Security policies and restrictions related to IT systems
Social media often became a target for hackers because it stored a lot of important information
<span>-Staff may not be familiar with the applications
</span>The government need to put additional effort in training the staffs to utilize social media in emergency situations
Answer:
$8,020
Explanation:
estimated uncollectible receivables = $7,100
accounts receivables = $121,000
unadjusted debit balance of allowance for uncollectible accounts = $920
credit sales during the year = $192,000
bad debt expense = unadjusted debit balance + estimated uncollectible receivables = $7,100 + $920 = $8,020
the adjusting journal entry:
Dr Bad debt expense 8,020
Cr Allowance for uncollectible accounts 8,020
The allowance for uncollectible accounts account is a contra asset account that has a normal credit balance.
