Answer:
A. What happens to unemployment in the short run if inflation is expected to be 0%? - Unemployment will fall because the central bank has injected money into the economy, yet inflation remains low. This scenario leads to a higher employment rate.
B. What happens to unemployment in the short run if citizens of Australia have adaptive expectations? - Australians will expect inflation to go back to hovering around 3%, and will reduce investment, this will make unemployment increase,
C. What happens to unemployment in the short run if citizens of Australia have rational expectations? - Australians will find it profitable to hire in the short-run because their real money balances are high because inflation is very low.
A technical writer is a professional information communicator whose task is to transfer information between two or more parties.
The answer is Business Districts
Answer:
1. Adjusting journal entries on March 31.
Debit Credit
a. Supplies expenses $4,195
Supplies account $4,195
b. Unearned rent $1,350
Rent revenue $1,350
c. Wages Expense $2,125
Accrued Expenses $2,125
d. Account Receivable $18,590
Service revenue $18,590
e. Depreciation expense $4,785
Accumulated Depreciation - $4,785
Office equipment
Working:
a. Supplies account 5,640
Less: Supplies on hand 1,445
Supplies expense $4,195
b. Unearned rent on March 31= 5400 ; Rent for (Months)= 4
Per month Rent=$1,350
2. The difference between adjusting entries and Correcting entries is:
Adjusting entries are made to reflect the accrual method of accounting in preparing financial statement.
Correcting entry is made only when there is errors in accounts.
This would be job order production because it’s the each customized product that is manufactured separately!
Hope this helps.