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.
Answer:
First law of business.
Explanation:
According to the first law of business, taking care of customers is essential to obtaining a competitive advantage in order to keep them considering the fact that these customers are the king of the market.
Answer:
$144 unfavorable
Explanation:
The computation of the overall fixed manufacturing overhead volume variance for the month is shown below:
But before that following calculations need to be done
Budgeted manufacturing overhead is
= 6600 × $1.20
= $7,920
And,
Manufacturing overhead applied is
= Standard hours × Predetermined overhead rate
= 6480 × $1.20 = $7,776
So, fixed manufacturing overhead volume variance is
= Fixed overhead applied - budgeted fixed overhead
= $7,776 - $7,920
= $144 unfavorable
Answer:
Sales for March, 164 * 15 = $2,460
Explanation:
According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.
For March the transaction of 164 units has occurred and thus this sale will be recorded.
Sales for March, 164 * 15 = $2,460
This is the revenue recorded for March under accruals, for cash this would have been 0.
Hope that helps.
I think the answer is c because u make 500 thousand a year
