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Lynna [10]
3 years ago
11

In the last few decades the car manufacturing sector has found it difficult to compete with foreign car imports. High labor cost

s is one of the main reasons economist site as the lack of competitiveness for the car manufacturing industry. If there was modest inflation, how could it possibly help the car manufacturing industry in the United States compete with foreign car manufacturers?
a. The consumers of the cars have increased purchasing power.
b. Business loans would cost less for the U.S. car manufacturers.
c. It could allow real wages to downwardly adjust more easily.
Business
1 answer:
vladimir2022 [97]3 years ago
3 0

Answer: c. It could allow real wages to downwardly adjust more easily.

Explanation:

When there is modest inflation, companies in the car manufacturing industry can simply decide not to increase nominal wages. This would lead to a fall in real wages as inflation would ensure that the nominal wages are less than they were worth before.

This decrease in real wages will allow the companies in the industry to reduce labor costs in real terms and become more competitive with the foreign manufacturers.

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The following selected transactions were completed by Capers Company during October of the current year:
Zarrin [17]

Answer:

Date   Accounts title and explanations   Debit$      Credit$

1-Oct   Merchandise inventory                    15458

                  Accounts payable - Sabol imports            15458

3-Oct  Merchandise Inventory                     9850

                   Accounts payable- Saxon Co.                   9650

                   Cash account                                              200

4-Oct   Merchandise Inventory                     13550

                   Accounts payable- Schnee Co.                       13550

6-Oct    Accounts payable -Schnee Co        4350

                    Merchandise inventory                                4350

13-Oct    Accounts payable-Saxon Co          9650  

                      Cash account                                              9457

                       Merchandise inventory                               193

                        (9650*2%)

14-Oct    Accounts payable-Schnee Co        9200  

                      Cash account                                               9016

                       Merchandise inventory                                 184

                       (9200*2%)

19-Oct    Merchandise inventory                    27270

                        Accounts payable - Southmont Co           27270

19-Oct    Merchandise inventory                       375

                        Cash account                                              375

20-Oct    Merchandise inventory                     21400  

                        Accounts payable -Stevens                      21400

30-Oct   Accounts payable-Stevens                 21400

                         Cash account                                             21186

                          Merchandise inventory                             214

                           (21400*1%)  

31-Oct    Accounts payable-Sabol imports      15458  

                      Cash account                                                 15458

31-Oct    Accounts payable -Southmont Co    27270  

                   Cash account                                                    27270

7 0
3 years ago
How do you get started investing in the stock market.
BARSIC [14]

Answer:

so, you need to start with as much as you can, throwing in some money every day. Make sure when the stock is down, you should buy. the lower it is the better for buying. leave your stock there, and don't touch the money unless it is an emergency. You can also invest in an index fund. this means you put your money in the index funds and professionals buy the stocks for you.

Explanation:

I hope this helped!

4 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
MrRa [10]

Answer: management

most likely :)

5 0
3 years ago
Which combination of fiscal policy actions would most likely be offsetting? 
A. Increase taxes and government spending
B. Decrea
Delvig [45]

Answer: Option (A) is correct.

Explanation:

When there is an increase in both the components of aggregate demand i.e. government spending and taxes then this will most likely to offset the fiscal policy actions.

If there is an increase in the taxes, as a result aggregate demand decreases because of lower disposable income. This policy action is known as Contractionary fiscal policy.

Whereas, if there is an increase in the Government spending, as a result aggregate demand increases. This policy action is known as Expansionary fiscal policy.

But this will also largely depend upon the tax multiplier and government spending multiplier.

7 0
3 years ago
Before year-end adjusting entries, Coronado Industries's account balances at December 31, 2020, for accounts receivable and the
Over [174]

Answer:

$1,356,000

Explanation:

The net realizable value of accounts receivable after the net adjustment is computed as;

= Ending balance in accounts receivable - Uncollectible ageing accounts receivable

Given that;

Ending balance in accounts receivable = $1,480,000

Uncollectible ageing accounts receivable = $124,000

Net realizable value of accounts receivable after the net adjustment is

= $1,480,000 - $124,000

= $1,356,000

7 0
3 years ago
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