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Nikitich [7]
3 years ago
5

Services provided by a public-service companies, such as water, electricity and gas are all known as

Business
1 answer:
Artist 52 [7]3 years ago
4 0
I believe the answer is A.) Utilities
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Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The a
frutty [35]

Answer:

A) $24 billion

Explanation:

Here is the complete question :

Potential Real GDP $200 Billion

Natural Rate of Unemployment- 6 Percent

Actual Rate of Unemployment- 12 Percent

Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The amount of output being forgone by the economy is

C) $15 billion. D) $18 billion. A) $12 billion. B) $24 billion.

According to Okun's law, a 1% decline in unemployment results in a 2% fall in potential GDP

Decline in unemployment = Actual Rate of Unemployment - Natural Rate of Unemployment

12 - 6 = 6%

decline in output = 6% x 2% = 12%

potential GDP lost = 12% x $200 Billion  = 24 billion

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3 years ago
The daily grind operates a chain of coffee shops. the company pays rent of $20,000 per year for each shop. supplies (napkins, ba
Ronch [10]
I think it's 17,000. I there any answer choices?<span />
4 0
3 years ago
Hemingway Corporation has 100,000 shares of common stock issued and outstanding. At the meeting of the board of directors on Dec
PtichkaEL [24]

Answer:

Explanation:

The adjusting entry is shown below:

Cash Dividend A/c Dr $500,000

        To Dividend payable               $500,000

(Being dividend is declared)

The dividend amount is computed below:

= Number of shares held × cash dividend per share

= 100,000 shares × $5

= $500,000

As dividend is declared so we debited the cash dividend account and credited the dividend payable as it is a current liability

7 0
3 years ago
Read 2 more answers
Bankruptcy is the legal process of reducing or eliminating an amount owed.<br> O True<br> O False
vova2212 [387]
The answer would be trueee
3 0
3 years ago
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Phil enters into a contract with Quality Resorts, Inc., to work as a chef. Under the plain meaning rule, the meaning of this con
icang [17]

Answer:

"The face of the instrument"

Explanation:

This is a legal phrase which means the contract (aka the "instrument") must be read "on its face." Basically, you should put everything you want the contract to say in plain language and the parties are only held to the plain, common understanding of exactly what is written down.  

The idea is that no party can go back and say that something else is expected or implied from the contract unless it is actually written down.  

7 0
3 years ago
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