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expeople1 [14]
3 years ago
10

Potential gdp refers to 1) the difference between the highest level of real gdp per quarter and the lowest level of real gdp per

quarter within any given year. 2) the level of gdp attained by the country with the highest growth in real gdp in a given year. 3) the extent to which real gdp is above or below nominal gdp. 4) the level of gdp attained when all firms are producing at capacity
Business
1 answer:
Sholpan [36]3 years ago
5 0
4.

Potential GDP is the maximum output when there is full employment of resources or the factors of production.
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Clothing is the answer
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3 years ago
Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
ddd [48]

Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

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3 0
3 years ago
Name at least two primary forms of identification needed to obtain a learners license
Elza [17]
Two primary forms you could use would be 1. Birth certificate and 2. Social security card.
4 0
3 years ago
Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,600. Budgeted cash rec
professor190 [17]

Answer:

Company should borrow = $15200

Explanation:

Below is the calculation for the borrowing amount:

Cash balance at the beginning = $18600

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6 0
3 years ago
Internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, and engine
podryga [215]

Answer:

a. desirable because of the interdependencies between and among functions.

Explanation:

Workflow management systems can be defined as a strategic software application or program designed to avail companies the infrastructure to setup, define, create and manage the performance or execution of series of sequential tasks, as well as respond to workflow participants.

Some of the international bodies that establish standards used in workflow management are;

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Hence, internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, and engineering are desirable because of the interdependencies between and among functions.

6 0
3 years ago
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