Answer:
New Keynesian economists critique rational expectations by arguing that short-term wage stickiness is brought about by
b. imperfect information and efficiency wages.
Explanation:
The assumption in macroeconomic theories is that economic agents, households, and companies exercise rational expectations. The New Keynesian economics posits that rational expectations have become distorted as a result of market failure, arising from asymmetric information and imperfect competition, thus questioning the ability of markets to self-regulate and self-correct.
Answer:
For such a report , the sql query required would be:
SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;
Explanation:
For such a report , the sql query required would be:
SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;
In the above sql query employee id is emp_id , curr_salary is the current salary column. "curr_salary*1.03" is been made because an increment of 3% means salary + salary*3% , that is , salary*1.03.
Answer:
71.57 days
Explanation:
For computing the average collection period first we have to determine the account receivable turnover ratio which is shown below:
Account receivable turnover ratio = Credit sales ÷ average accounts receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($75,000 + $83,000) ÷ 2
= $79,000
And, the net credit sale is $403,000
Now put these values to the above formula
So, the answer would be equal to
= $403,000 ÷ $79,000
= 5.10 times
Now
Average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 365 days ÷ 5.10 times
= 71.57 days
quizlet calaf’s drillers erects and places into service an off-shore oil platform on january 1, 2021, at a cost of $10,000,000. calaf is legally required to dismantle and remove the platform at the end of its useful life in 10 years. calaf estimates it will cost $1,000,000 to dismantle and remove the platform at the end of its useful life in 10 years. (the fair value at january 1, 2021, of the dismantle and removal costs is $450,000.) prepare the entry to record the asset retirement obligation.
Oil Platform 450,000
Asset Retirement Obligation 450,000
What is asset retirement obligation?
An asset retirement obligation is a contractual requirement for the retirement of a tangible long-lived asset, the timing of which may depend on the occurrence of a future event outside the control of the entity bearing the obligation.
Therefore,
Oil Platform 450,000
Asset Retirement Obligation 450,000
To learn more about asset retirement obligation from the given link:
brainly.com/question/14298631
Answer: Option A
Explanation: In a free market structure, the majority of resources in the economy are owned and controlled by the private owners. The prices of commodities produced in such a market structure are determined by the market forces of demand and supply.
The rules and restrictions imposed by the govt. in such a market structure exists but at a very small extent. The govt. in such a market structure controls only those industries which are important for national security and development.
