All categories

3 years ago

What is an advantage of mild inflation according to some economists? select one:

1 answer:

3 0

I think the correct answer would be D. inflation reduces frictional, structural, and cyclical unemployment in the economy making the economy more productive. Inflation stimulates growth of the nation's economy. It drives consumption of the consumers which increases the spending levels resulting to economic growth.

You might be interested in

If a business person wants to get information about a special product to a wide variety people across a large geographic range,

Westkost [7]

Answer: Internet.

Explanation:

The internet is the fastest way a business can advertise it's products to a global audience. The internet is a wireless interconnection of computers across the Earth, where communication is made easier and information is shared.

4 0

3 years ago

The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calc

Arisa [49]

Answer:

Financial advantage = $10,000

Explanation:

Since the calculators are obsolete, in the current state they only have value of $50,000

If further processed,

Sales = 190,000

Processing cost = 130,000

Total profit after processing = 190,000 - 130,000 = $60,000

The financial advantage of processing further = 60,000 - 50,000

Financial advantage = $10,000, the calculators should be processed further.

Hope that helps.

7 0

3 years ago

For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e

beks73 [17]

Answer:

Total Selling Expenses for the month of February is $241,000

Explanation:

Sales Commissions ($700,000 of sales x 5%) = $35,000

Sales Manager Salary = $96,000

Advertising expenses = $90,000

Shipping expenses = ($700,000 of sales x 2%) = 14,000

Miscellaneous selling expenses = ($2,500 + $700,000 x 1% x 0.5) = $6,000

Total Selling Expenses (Summation of all the calculated above working)= $241,000

5 0

3 years ago

What percent of the US population participated in volunteer action in 2008?

Sever21 [200]

Answer:

c. 26.4

Explanation:

I just took the test

5 0

3 years ago

On July 23 of the current year, Dakota Mining Co. pays $6,492,240 for land estimated to contain 9,144,000 tons of recoverable or

Neko [114]

Answer:

a. Debit Land accounts $6,492,240

Credit Cash account $6,492,240

Being entries to record the purchase of land

and for the payment and installation of machinery,

b. Debit Machinery account (fixed asset) $1,280,160

Credit Cash accounts $1,280,160

Being entries to record the purchase and installation of machinery

Explanation:

When an asset is purchased with cash, the entries required are debit asset and credit cash. Such asset includes land, equipment, building, mines, inventory etc.

As such to record the purchase of a land,

Debit Land accounts

Credit Cash account

and for the payment and installation of machinery,

Debit Machinery account (fixed asset)

Credit Cash accounts

8 0

2 years ago