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Morgarella [4.7K]
3 years ago
5

John Maynard Keynes believed that wages may be inflexible in the downward direction. Consequently, an economy Question 3 options

: could get stuck in long-run equilibrium. could get stuck in a recessionary gap. could get stuck in an inflationary gap. would always produce more than Natural Real GDP
Business
1 answer:
Nuetrik [128]3 years ago
3 0

Answer:

An economy could get stuck in a recessionary gap

Explanation:

Keynes believed that wages may be inflexible in the downward direction and which would consequently cause an economy to get stuck in the recessionary gap. The recessionary gap happens when a country's real GDP is lower than it's gross domestic product at a state of full employment. It shows the difference between the actual and potential production in an economy. But with the actual being smaller or lower than the potential production.

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A buyer will receive a utilities bill for an estimated $400 at the end of the month. At closing, the seller has used an estimate
MrMuchimi

Answer:

Dr Seller Account $100

Cr Buyer Account      $100

Explanation:

The property sold on 15th of the month by Mr. A to Mr. B and the utility bill received later of this month would be split between Mr. A and Mr. B. The basis for the split of the utility bills would be the share that Mr. A utilized the facilities and in this scenario, it is $100. Hence the buyer Mr. B has receivable of $100 and the seller Mr. A has a liability payable of $100 amount.

Hence the buyer will debit the bill by $100 receivable and the Seller will debit the bill owed to buyer by $100.

3 0
3 years ago
IBP is the use of many tools, including advertising, in a coordinated manner to build and maintain brand awareness, identity, an
Anon25 [30]

Answer:

The correct answer is False.

Explanation:

Integrated business planning (IBP), which consists of synchronizing commercial, financial and supply chain plans in a single holistic administrative process, is vital to meet the evolving requirements of modern supply chains. An advanced form of sales and operations planning (S&OP) is the IBP that is increasingly being adopted in the manufacturing, distribution and service sectors. Companies that implement IBP programs in a strategic way generally exceed 20% of gross margin on average to companies that apply S&OP in a more tactical and less integrated way.

5 0
3 years ago
Greg, a landscaper, is planning on opening his own landscaping company. He currently earns $50,000 per year working for his uncl
schepotkina [342]

Answer: $52,840

Explanation:

The opportunity cost are the benefits he will give up to pursue his current venture of landscaping.

= Salary from working for uncle + Interest on the Savings to be used in business + Difference in market value if he waits till the end of the year

= 50,000 + (7% * 12,000) + (12,000 - 10,000)

= $52,840

7 0
3 years ago
In _____________ negotiation, the agreement involves no loss to either party.
Sophie [7]
<span>Integrative negotiation </span>
4 0
3 years ago
During reconstruction, a major economic development in the south was the:
Lelechka [254]

During reconstruction, a major economic development in the south was the: spread of sharecropping.

Sharecropping was an agricultural initiative that was developed in Georgia and other parts of Southern American during reconstruction.

The idea behind sharecropping was that laborers who had no land could be given access to the lands owned by others for cultivation.

At the end of the farming season, they could be given a share of the profits realized from their work.

Learn more about sharecropping here:

brainly.com/question/881028

3 0
2 years ago
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