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Nina [5.8K]
3 years ago
13

Macro economic misery diminished during the first reagan administration, which means that the phillips curve'

Business
1 answer:
tensa zangetsu [6.8K]3 years ago
7 0
Had to look for the options and here is my answer. What it means when there is a decrease in the Macro economic misery during the first Reagan administration is that the Phillips Curve has shifted from right to left. This implies that there is an ease of the trade-off between the unemployment and inflation. Hope this answer helps.
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Nina has created a chart to demonstrate the months during which the rainfall recorded was lowest. she wishes to rank the recorde
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Read 2 more answers
Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream maker at the beginning of the year at a cost of $9,
olga_2 [115]

Answer:

Purity Ice Cream Company

a. Depreciation Schedule, using straight-line method:

                    Cost       Depreciation    Accumulated     Net Book

                                      Expense        Depreciation    Value

Year 1         $9,000         $2,000            $2,000           $7,000

Year 2        $9,000         $2,000              4,000              5,000

Year 3        $9,000         $2,000              6,000              3,000

Year 4        $9,000         $2,000              8,000               1,000

b. Depreciation Schedule, using unit of production method:

                    Cost       Depreciation    Accumulated     Net Book

                                      Expense        Depreciation    Value

Year 1         $9,000         $2,750            $2,750           $6,250

Year 2        $9,000         $1,900              4,650              4,350

Year 3        $9,000         $1,600              6,250              2,750

Year 4        $9,000         $1,750              8,000               1,000  

Explanation:

a) Data and Calculations:

Cost of ice cream maker = $9,000

Estimated useful life = 4 years

Residual value = $1,000

Depreciable amount = $8,000 ($9,000 - $1,000)

Annual depreciation (Straight-line method) = $2,000 ($8,000/4)

Estimated productive life the machine = 16,000 hours

Annual usage:              Depreciation Expense

Year 1  5,500 hours          $2,750

Year 2  3,800 hours           1,900

Year 3  3,200 hours           1,600

Year 4 3,500 hours            1,750

Total  16,000 hours         $8,000

Depreciation rate per hour = $0.50 ($8,000/16,000)

                                                         

4 0
2 years ago
Lean Principles The chief executive officer (CEO) of Platnum Inc. has just returned from a management seminar describing the ben
Vladimir79 [104]

Answer:  Option E

Explanation:

A. Poor quality inventory will not be sold leading to excess of it thus it is a reason.

B. Large set up times will lead to loosing of customers, thus, reason for excess inventory.

C. Unreliable equipment urges for overproduction while the equipment is working efficiently thus it is a reason for excess inventory.

D. Poor employee relationships effects organisation process which might lead to delay in sales thus, a reason for excess inventory.

E. Workers union establishes efficiency in the work performance of labor, thus, it is not a reason in excess inventory.

7 0
3 years ago
Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi
Musya8 [376]

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP =  $14460 billion / 127 = $113.86 billion

I hope my answer helps you

7 0
3 years ago
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