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Viefleur [7K]
3 years ago
6

True or False: Wages in the auto manufacturing industry would be greater than those in the aircraft manufacturing industry.

Business
1 answer:
miss Akunina [59]3 years ago
3 0

Answer:

The statement is: False.

Explanation:

Wages in one industry or another will depend on the labor demand and the specialization required for the job. Auto manufacturing technician job positions are demanded in higher quantities than aircraft manufacturing mechanics. The reason is that aircraft traffic is not even close to the automobile traffic level. Thus, <em>as more auto technicians are requested, their wages tend to be lower</em>. Besides, <em>as fewer aircraft technicians are requested, their wages tend to be higher</em>.

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Gni ppp, or gross national income divided by purchasing power parity, helps measure:
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<span>GNI PPP, or gross national income divided by purchasing power parity, helps measure the standard of living in a country. GNI PPP is gross national income converted to international dollars using purchasing power parity rates. An international dollar has same purchase power over GNI as U.S. dollar has in the United States.</span>
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Ben Chang noticed that his store was lagging in sales. He realized that his staff was not experienced enough. As the store manag
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A.)train staff in the latest sales trends.
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Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed in production totaled $165,
Tanzania [10]

Answer:

b. Materials 190,000 Accounts Payable 190,000

Explanation:

Materials may either be purchased on credit or by cash, When materials are purchased on credit, such materials are said to have been purchased on accounts.

The entries for cash purchases are ;

Debit Supplies/Inventory account

Credit Cash account

However, when the purchase is done on account, the credit entry goes to the accounts payable and not cash.

8 0
3 years ago
On March 1, 2012, Kelly Company lent $3,500 to Tim on a 1-year 6% promissory note. The amount of interest to be accrued on Decem
schepotkina [342]

Answer:

$210

Explanation:

Calculation for what the amount of interest to be accrued on December 31 will be

Using this formula

Accrued interest =Amount lent×Promissory note percentage

Let plug in the formula

Accrued interest=$3,500×6%

Accrued interest=$210

Therefore the amount of interest to be accrued on December 31 will be $210

7 0
3 years ago
An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans
Blababa [14]

The percent change in real GDP is 17.65%

<h3>What is the GDP of an economy?</h3>

The gross domestic product (GDP) is the sum of all value contributed to a given economy. The value-added is the difference between the value of the products and services produced and the value of the goods and services required to produce them.

The percent change in real GDP can be calculated by using the formula:

\mathbf{=\dfrac{New \ GDP - Old \ GDP}{Old \ GDP } \times 100}

\mathbf{=\dfrac{40000 -34000}{34000 } \times 100}

= 17.65%

Learn more about gross domestic product (GDP) here:

brainly.com/question/1383956

6 0
2 years ago
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