All categories

4 years ago

When an economy operates at its long-run potential output level,?

1 answer:

8 0

The economy is in equilibrium, and the natural and real or actual rates of unemployment will be equal.

In order for an economy to operate at its long-run potential output level, it must be equilibrium, and the economy is balanced in its production. Unemployment is one measure of an economy's equilibrium with the natural and actual rates as two benchmarks rates that must be calibrated towards equilibrium.

You might be interested in

Decisions about where to look for applicants is a critical element of an organization's recruitment strategy. Recruitment source

pychu [463]

Answer:

b external recruiting

3 0

4 years ago

Work in Process Inventory

dedylja [7]

Answer:

e. $8,360.

Explanation:

The started and completed units cost $42,250

Completed and transferred out $ 50,610

The cost of completing the units in the beginning Work in Process inventory

= Completed and transferred out $ 50,610 minus The started and completed units cost $42,250 =

=$ 50,610-$42,250 = $8,360.

The completed units would not require any work in process and the started units only require work in process which is equal to $8,360.

8 0

3 years ago

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p

Sonbull [250]

Answer:

Sonic Inc.

a) Sales Budget:

Rumble Thunder

Total units sold 8,550 7,450

Unit sales price $135 $210

Sales value $1,154,250 $1,564,500

b) Production Budget:

Rumble Thunder

Total units sold 8,550 7,450

Desired inventory (units), June 30 299 56

Estimated inventory (units), June 1 260 64

Units to be produced 8,589 7,442

Explanation:

a) Data and Calculations:

Rumble Thunder

Total units sold 8,550 7,450

Desired inventory (units), June 30 299 56

Estimated inventory (units), June 1 260 64

Units Produced 8,589 7,442

Rumble Thunder

Expected sales volume (units):

Midwest Region 3,650 3,200

South Region 4,900 4,250

Total units sold 8,550 7,450

Unit sales price $135 $210

a) The Sonic Inc.'s sales budget determines the production budget. When the quantity to be sold is obtained, then production planning can take place based on meeting customers' demand for goods or services.

b) The Production budget is a bye-product of the sales budget, though, it is critical in the whole value chain. It is the production budget that guides production planning, including the type, design, and other features of the product.

6 0

4 years ago

Who does not make a good reference?

romanna [79]

Answer:

Explanation:

cause yeajjfjfjgjgjgkgkgkg

3 0

3 years ago

Read 2 more answers

Identify which characteristic describes common stock (CS) or preferred stock (PS) financing. May have cumulative and participati

shepuryov [24]

Answer:

Common Stock (CS)

Places minimum operating constraints on the firm. - Common stock does not have to be paid dividends so place no obligations on the firm.
Last to receive distribution of assets in the event of bankruptcy and liquidation. - CS is paid last when assets are liquidated as debt and preferred stockholders are paid off first.

Preferred Stock (PS)

May have cumulative and participating features. - Can be cumulative which means that if dividends are not paid in one year, the dividend will be accrued and eventually paid or they can be Participating which means that they can receive more dividends than they are entitled to.
May be convertible into another type of security. - Preference shares can be converted into other securities such as Common stock.

7 0

4 years ago