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3 years ago

___________ is about two-thirds of the demand side of gdp, but it moves relatively little over time.

Business

1 answer:

sertanlavr [38]3 years ago

7 0

<u>"Consumption" </u> is about two-thirds of the demand side of gdp, but it moves relatively little over time.

Consumption expenditure by family units is the biggest segment of GDP, representing around two-thirds of the GDP in any year. This reveals to us that shoppers' spending choices are a noteworthy driver of the economy. Notwithstanding, consumer spending is a delicate elephant: when seen after some time, it doesn't bounce around excessively.

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10 mangerials role in orgniztion

zaharov [31]

Top 10 Roles of the Manager in an organization:

1. Figurehead - the symbolic interpersonal duties such as welcoming guests, serving as the face of the team, etc.

2. Leadership

3. Liaison - serves as the intermediary between groups and departments, focusing on communication and coordination

4. Monitor- managers are responsible for overseeing work and making sure it is done correctly

5. Dissemination - managers are responsible for disseminating (sharing) information throughout the team

6. Spokesperson - represent the company when dealing with outsiders

7. Entrepreneurial - managers should always be working to innovate and improve how the business is run

8. Conflict management- managers have to handle disagreements between their subordinates

9. Resource allocation- managers are responsible for setting a budget and making sure resources are used in the appropriate ways

10. Negotiator - both internal and external negotiations are handled by the manager

8 0

3 years ago

Suppose Kittyville's full-employment GDP = $600 billion, and the current equilibrium GDP = $400 billion. The MPC in this economy

s344n2d4d5 [400]

The type of expenditure gap that's illustrated in Kittyville's economy is a recessionary expenditure.

<h3>What is expenditure gap?</h3>

It should be noted that an expenditure gap is when the demand for goods and services is more than the production.

In order to correct the gap, the economy hired the economist who suggested that there should be an increase in government spending and decrease in taxation.

Also, the change in government spending will be:

= Change in income b× (1 - MPC)

= $200 × (1 - 0.9)

= $20 billion.

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6 0

2 years ago

Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7

guapka [62]

Answer:

1. a. 81,500

2. $38,481

3. $461,382

Explanation:

<u>The equivalent units for conversion costs during February.</u>

Conversion Costs = 15,700 x 65% + 62,900 x 100% + 10,100 x 85 %

= 81,690 units

Material Costs = 15,700 x 0% + 62,900 x 100% + 10,100 x 100 %

= 73,000 units

<u>The amount of direct materials cost assigned to ending work-in-process inventory at the end of February.</u>

Step 1 : Determine Cost per Equivalent unit

Conversion Costs = $168,000 ÷ 81,690 units = $2.06

Material Costs = $278,000 ÷ 73,000 units = $3.81

Total Cost = $2.06 + $3.81 = $5.87

Step 2 : Direct Material Cost assigned to ending work-in-process

Ending work-in-process (Material Cost) = 10,100 x $3.81

= $38,481

<u>The cost of the goods transferred out during February.</u>

Cost of the goods transferred out = $5.87 x 78,600

= $461,382

8 0

3 years ago

What are three strategies that you can use to make better financial decisions?

Gnom [1K]

Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.

<h3>What are better financial decisions?</h3>

The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.

The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.

The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.

Hence, the strategies for taking better financial decisions are as aforementioned.

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2 years ago

Ogilvie Corp. issued 30,000 shares of no-par stock for $40 per share. Ogilvie was authorized to issue 53,000 shares.

Rudik [331]

Answer:

It will increase the assets of the company by 1200000,it will increase the equity of the company by 1200000.

Explanation: A No-par value stock or shares is a share that doesn't have any stated or designated value stated in its certificate.

Assets are value yielding or money making investments or facilities of a business Organisation.

Equity is a term used in accounting and investments to refer to the total value of a company's shares or stock.

THE EFFECTS ON OGILVIE CORP. WILL BE THE WORTH OF THE NO PAR STOCK *NUMBER OF UNITS ISSUED WHICH WILL BE EQUAL TO $40*30,000UNITS OF SHARES

=$1,200000 WORTH OF MONEY TO BE DOCUMENTED IN BOTH THE ASSET AND THE EQUITY OF THE COMPANY.

3 0

3 years ago