<span>The traditional Phillips curve suggests that, if government uses an expansionary fiscal policy to stimulate output and employment the natural rate of unemployment may fall. The Phillips curve is an empirical model that shows the inverse relationship between rates of unemployment and rates of wages in the economy. This model will allow economist to see how much employment and unemployment rates are related to wage raising.</span>
Answer:
A. A performance must always sell tickets
Explanation:
The sale of tickets is the primary source of revenue for performances. This is the true measure of how well the intended audience connects with the director/producer/actors/actresses of the performance
Other sources of revenue are often used but these are secondary
Complete Question:
Assuming that Sooner Company uses accrual-basis accounting, when would the company record the expense related to the supplies?
A. May 2
B. May 8
C. May 15
D. May 20
Answer:
May 15th company would record the expense related to the supplies.
Explanation:
Accrual basis is a way to report income and costs incurred in financial activities. The accrual justification includes the use of purchase tax deductions, bad debts and technological progress of inventories, which arise in advance of these products.
An illustration of accrual accounting is to report sales as soon as the consumer gets the associated invoice.
Although it is more complex and nuanced than cash accounts, most businesses use accrual accounting as normal accounting procedure. Many companies have postponed accounts due and accounts receivable for a long time, for example, selling credit or ventures generating revenue streams. These incidents also change the finances of the firm although no cash is earned automatically.
Answer:
d. hostile takeover; tender offer
Explanation:
The hostile takeover is the transaction of the merger in which the management of the firm i.e. targeted would not support and acquirer could attempt to gain the control for purchasing the enough shares. And this could be achieved via a tender offer
Therefore as per the given situation, the option d is correct
hence, the same is to be considered
Answer:
The correct answer is letter "C": Both A and B.
Explanation:
The principal-agent problem arises when the principal -<em>stockholder</em>- employs an agent -<em>a manager who handles the business</em>- to perform activities that conflict with the best interest of the agent. The problem typically occurs when the principal offers rewards for the agent to act in the interests of the principal but the agent has a different point of view to deal with the company.