Answer:
high,high
not all prices adjust quickly
below
Explanation:
According to the sticky-wage theory, the economy is in a recession because the price level has declined so that real wages are too high, thus labor demand is too high.
Real wages decline as nominal wages are adjusted. As a result, the economy returns to full employment
According to the sticky-price theory, the economy is in a recession because not all prices adjust quickly.
As people observe the lower price level, the economy returns to the long-run aggregate supply curve.
According to the misperceptions theory, the economy is in a recession when the price level is below what was expected.
As people observe the lower price level, their expectations adjust.
Answer:
$26,036.74
Explanation:
Tom is able to pay $390 per month for 7 years. The interest rate is 6.8 %. Tom will pay an equivalent of the present value of a $390 annuity for & years 6.8 per cent
The applicable formula is
PV = P × 1 − (1+r)−n
r
Where PV is the present value
P is 390
r is 6.8% per year or 0.005666
n is 7 year or 84 months
PV = $390 x 1-(1+0.005666)84
0.00566
PV = $390 x 1- 0. 622133410)
0.00566
PV =390 x (0.37786659/0.00566)
PV = $390 x 66.760
PV = $26,036.74
Answer:
Failure to timely pay personal income taxes.
Explanation:
Rules of Conduct
This is simply said to be a full stated guidance to aim to help an auditor in applying broad principles contained in AICPA's Code of Professional Conduct
These Disreputable conduct if commited by an attorney, certified public accountant, or enrolled practitioner, it can therefore lead to them being disbarred or suspended from practice before the Bureau.
Rules sometimes do changes over time due to the fact that members of profession encountered specific ethical dilemmas in complying with the principles of the code
There are 6 Principles of the AICPA Code of Professional Conduct. They cover:
1. Responsibilities
2. The Public Interest
3. Integrity
4. Objectivity
5. Due Care
6. Scope and Nature of Services
The disreputable conduct for which a CPA can be disbarred or suspended includes the following;
1. When they Directly or indirectly attempting to influence the official action of any employee of the Internal Revenue Service by use of threats or false accusations or by bestowing any gift, favor, or thing of value.
2. Knowingly aiding and abetting another person to practice before the Internal Revenue Service during a period of suspension or disbarment.
Answer:
<em>Consolidated Assets 850,000</em>
Explanation:
We need to calcualte the alue of the purchased portion of Slat.
total assets - non-controlled = proportional owned assets
250,000 - 50,000 = 200,000
The consolidated net assets would be:
Pallet Company 650,000
Slat Company 250,000
non-controlling (50,000)
<em>Consolidated Assets 850,000</em>
Hello!
Often people put up signs that, that person likes and is interested in. People also can bargain with a person. So if they are leaving because they think the product is to high of a price for them, then you can tell them you can lower the price.
( word of advice, this is a last resort option)
I hope it helps!
