Answer:
Given that price level is $132
Real GDP $4 trillion natural
$3.9 trillion in short run,
$4.3 trillion long run. Naturally an economy can be either at equilibrium when the real GDP=Natural GDP, At inflationary when real GDP is greater than natural GDP and at Recession when real GDP is less than Natural GDP.
The economy is in disequilibrium because the natural GDP in the economy is not equal to real GDP in the short run. Therefore, it will result to recession in the economy.
The price in the long run equilibrium will be greater than $132 because, the real GDP in the long run is greater than $4.0 trillion. The latter will result in inflation due to existence of surplus in the economy. Inflation results to high prices more than $132 to compensate for the inflation rate
Answer:
b) false
Explanation:
This statement is false, because Fayol's management principles were an administrative methodology that provided for observing the facts of an organization and the experiment, being therefore principles that are unable to provide an accurate description of what managers do in the job.
Its management principles consist of: Division of Labor, authority, discipline, management unit, control unit, Subordination of individual interests to the common good, remuneration, centrality, hierarchy, order, equity, stability, initiative and team spirit.
He believed that this set of principles would lead to more effective management where the company would achieve greater efficiency through structural organization and the control and monitoring of functions.
Answer:
Faldo Corp
Customers are paying late by 6.5 days (51.5 - 45)
Explanation:
DSO = Accounts Receivable/Sales last year * 365 days
= $60,000/$425,000 * 365
= 51.5 days
Customers are paying late by 6.5 days (51.5 - 45)
b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable. This means that DSO measures how long it takes Faldo's customers to pay an invoice. Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year. This is then multiplied by 365 days.
<span>Early Head Start is an example of
</span><span>C. a nurturing environment
It is a program offered to low-income families to provide them with family support and child development services. For a low-income family to be qualified, it has to have a pregnant woman or a family with children up to 3 years old.</span>
The US started collecting federal income tax in 1913