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madam [21]
3 years ago
14

There is a different​ short-run Phillips curve for every level of the​ ___________ inflation rate. The inflation rate at which t

he​ short-run Phillips curve intersects the​ long-run Phillips curve equals the​ ___________ inflation rate.\
Business
1 answer:
lions [1.4K]3 years ago
6 0

Answer: expected; expected

Explanation:

The Phillips curve is an economic concept whereby it is stated that there is a stable and inverse relationship between inflation and the unemployment in an economy.

According to this theory, inflation is as a result of economic growth and this will lead to reduction in unemployment.

There is a different​ short-run Phillips curve for every level of the​ expected inflation rate. The inflation rate at which the​ short-run Phillips curve intersects the​ long-run Phillips curve equals the​ expected inflation rate.

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Which of the following statements is incorrect with regard to product costs? A. Product costs flow from the balance sheet to the
Rama09 [41]

Answer:

Product costs do not flow from the balance sheet to the income statement.

The correct answer is A.

Explanation:

Product costs flow from the income statement to the balance sheet.

Unlike direct material and direct labour cost, overhead cost must be allocated to products using a suitable basis.

Product costs are expensed in the period incurred in the income statement.

Depreciation on manufacturing equipment is an indirect product cost because it is not directly traceable to a cost unit or cost center.

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3 years ago
Mrs. Jones offers a reward for the return of her dog Fifi and puts posters advertising the reward all over her neighborhood. Mr.
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A :)

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8 0
3 years ago
A physician unfairly bills a patient. What tort violation is this?
AnnyKZ [126]

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The physician would be doing Malpractice.

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3 years ago
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The 4.5 percent bond of JL Motors has a face value of $1,000, a maturity of 7 years, semiannual interest payments, and a yield t
DiKsa [7]

Answer:

<em>The current market price for the bond is $903.05</em>

Explanation:

<em>Steps taken to arrive at the current market price of the bond</em>

<em>Recall PV=present value</em>

<em>face value=$1000</em>

<em>percent bond=4.5,</em>

<em>A semiannual interest payments of 7 years, yielding a maturity rate of=6.23%</em>

<em>PV = [(.045 × $1,000)/ 2] ×{(1 - {1 / [1 + (.0623/ 2)]14}) / (.0623 / 2)} + $1,000 / [1 + .0623 / 2)]14 </em>

<em>PV = $903.05</em>

5 0
2 years ago
Stock Company has 2,000 units in beginning work in process inventory, 20% complete as to conversion costs, 23,000 units transfer
ss7ja [257]

Answer:

B. 26,000, 24,000.

Explanation:

Stock Company

Equivalent units

Particulars                 Units       % of Completion           Equivalent Units

                                                   Mat. Conversion          Mat.  Conversion

Transferred Out      23000         100         100           23000      23000

<u>Ending WIP              3000            100       331/3%       3000        999.9= 1000</u>

<u>Total Equivalent units                                                  26000        24000</u>

<u />

The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.

Equivalent units for materials 26000

and Equivalent units for conversion are: 24000

3 0
3 years ago
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