Answer:
The correct answer to the following question will be "True".
Explanation:
- The managerial or management design model or principles seems to be a self-assessment tool that allows people and communities to probably decide the aesthetic of a manager or supervisor.
- This proposed model described 5 various types of leadership styles premised on compassion for individuals and concern for manufacturing.
So that the given statement is true.
beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.
underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.
General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.
length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.
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C. The decisions made by producers and consumers drive all economic choices.
Answer:
the labor force participation rate is 80%
Explanation:
The computation of the labor force participation rate is given below:
Labor force participation rate = labor force ÷ working-age population × 100
= 400,000 ÷ 500,000 × 100
= 4 ÷ 5 × 100
= 80%
hence, the labor force participation rate is 80%
Answer:
contractionary fiscal policy.
Explanation:
In Economics, fiscal policy can be defined as the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. A fiscal policy is in relation to the "Keynesian macroeconomic theory" by John Maynard Keynes.
Basically, a fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
A contractionary fiscal policy is a policy that is typically used by the government to reduce aggregate demand (AD) by decreasing government purchases and increasing income taxes.
An income tax is a tax on the money made by the employees working in a state. This type of tax is paid by workers with respect to the amount of money they receive as their wages or salary.
Generally, the government of a country may use a contractionary policy to slow down the economy when there's a a inflation and gross domestic product (GDP) is growing too.