Answer:
Chapter 1 introduces the study of accounting. Accounting is defined as a set of concepts and techniques that are used to measure and report financial information about an economic entity. Accounting consists of both external reporting issues known as “financial accounting,” and internal reporting issues related to “managerial accounting.”
Explanation:
Answer: B) the short-run but not the long-run aggregate supply curve left.
Explanation:
Increased in the expected price level shift towards the short run but not the long run aggregate supply shifts towards the left as, increased in the price which reduced in the quantity demand of the good and the curve of long run are unaffected in the change of the expected level price. And the suppliers assumed that they can purchased the more goods or product in the less price and makes a good profit so that is why, the curve shifts towards left.
This is an example of <u>Corner Solution.</u>
- A corner solution is a unique answer to the agent maximisation problem when one of the inputs in the maximised function has a quantity of zero. In layman's words, a corner solution occurs when the chooser is unable or unwilling to make a trade-off between several options.
<h3><u>In consumer theory, what do we mean by "corner solutions"?</u></h3>
- A corner solution is one in which none of the goods are present in the ideal bundle. 49 / 70. Consumer choice restrictions. The indifference curve is to the budget constraint at the best bundle if there is an inside solution.
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Answer:
$100
Explanation:
Market price of common shares = $10 per share
Number of common shares granted by RSUs = 50 million
Total market value of common stock issued = Number of Common shares granted by RSUs × Market price of common shares
Total Market value of common stock issued = 50 million × $10 = $500
Vesting Period = 5 years
The effect on earnings in the year after the shares are granted to executives = Total market value of common stock issued / Vesting Period
The effect on earnings in the year after the shares are granted to executives = $500 / 5 years
The effect on earnings in the year after the shares are granted to executives = $100
Answer:
The economy of the Gilded Age was characterized by:
(i) economic growth and high unemployment among unskilled workers.
(ii) a deep recession in which high unemployment fueled massive and rebellious social change.
(iii) slow economic growth and high unemployment among the middle class.
(iv) rapid economic growth and social change.
Economy:
Economy simply indicates an arrangement in which the people are indulged in consumption, and other economic activities. No arrangement can ever be said as an economy without the prevalence of economic activities.
Answer and Explanation: 1
The correct answer is (iii) slow economic growth and high unemployment among the middle class
In the US, glided age resembles the scenario prevailing in the last phase of 19th century. The primary feature of this age is the slower pace of economic growth. This indicates when the economy is least indulged in industries. Also, several people stay unemployed despite lying within middle-income classes. This is because if the people lying in the middle class are unemployed, then it could be understood that poverty would be extreme in an economy.