High
unemployment especially unemployment as the result of layoffs, can be
devastating for individuals and business. All of the following are effects of high unemployment except for " a loose money supply policy<span> "</span>
>A high unemployment rate can impede a country from progressing in all aspects.
>Monetary policy is defined as the management of a nation's money supply by the government or central bank.It happens when the money supply is expanded and is easily accessible to citizens to encourage economic growth.
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Read more: http://www.businessdictionary.com/definition/loose-monetary-policy.html#ixzz48jU6jgpo</span>
Answer: B. Each firm produces up to the point where the price of the good equals the marginal cost of producing the last unit.
Explanation:
Allocative efficiency means that the point chosen on the production possibility frontier is socially preferred.
In a perfectly competitive market, allocative efficency is achieved at the point where price equals the marginal cost of production. At this price producer and consumer surplus is maximised.
<u>b. Hooking up</u> is the term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China.
<u>Explanation</u>:
Hooking up is the term refers the affiliate relationship between an accounting/auditing firm and its sponsoring organization.
Auditing Firm is a company which reviews the activities of an organization to identify their inefficiencies and achieve the organizational objectives. Auditing firms can help in investigating the potential theft or fraud and ensure compliance with applicable terms and policies. The reports of the organization can be maintained accurately.
The auditing firm works for their sponsored organization and helps them in achieving their goals.
Answer:
103.4709
Explanation:
The computation is shown below:
Given that
U.S inflation rate = 3%
Japan inflation rate = 1.5%
Current exchange rate = 105
Now the new exchange rate for the yen is
= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)
= 105 × (1 + 1.5%) ÷ (1 + 3%)
= 105 × (1.015 ÷ 1.03)
= 105 × 0.985436893
= 103.4709
Answer:
d. Reported as a current asset on the balance sheet
Explanation:
Merchant inventory refers to st finished goods available for sale at any given time. Merchant inventory is commonly referred to as inventory. It is recorded as a current asset in the balance sheet.
Merchant inventory is acquired through purchasing by retailers, wholesalers, and distributors to be sold to customers. Merchant inventory will specifically refer to the unsold goods at the end of a period. It is recorded at its acquisition cost. i.e., the cost which the trader paid to obtain the merchandise.
