1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hunter-Best [27]
3 years ago
8

When the economy is in short-run equilibrium, Group of answer choices there are increases in inventory. people want to buy more

than will be produced. there are decreases in inventory. total expenditures equal total production.
Business
1 answer:
deff fn [24]3 years ago
7 0

Answer:

total expenditures equal total production.

Explanation:

In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production

Hence, the last option is correct

You might be interested in
Ben Perez is driving along a mountain road. In the distance, he sees a road crew working on a fallen tree that has blocked the h
Morgarella [4.7K]

Answer:

B. Exposure.

Explanation:

The act exhibited by the highway crew can easily be explained to be exposure because of his stance from a mountain end and their reaction.

Measurement of exposure is generally defined as some form of

the amount of travel, either by vehicle or on foot. Once the amount of travel

is known for certain activities, or road users, and if we know the number of

crashes that are associated with that activity or population, the associated

risk can be calculated. Also the various ways of measuring the amount of travel are referred to collectively as exposure

data because they measure traveller’s exposure to the risk of death or

injury.

7 0
3 years ago
Your gross pay on your paycheck is $400. your deductions are as follows: federal income tax - $50.00 state income tax - $20.00 s
borishaifa [10]
Your net pay would be $480.50
4 0
3 years ago
Read 2 more answers
Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,500 and two j
Naddika [18.5K]

Answer:

Stine Company

1. Summary Journal Entries:

Debit Work in Process $10,400

Credit Materials  $10,400

To record materials requisitioned for production.

Debit Work in Process $12,500

Credit Direct Labor $12,500

To record direct labor time tickets.

Debit Work in Process $7,500

Credit Manufacturing overhead $7,500

To record manufacturing overhead applied to production.

Debit Finished goods inventory $7,540

Credit Work in Process $7,540

To record the transfer of Job No. 429 to finished goods inventory.

2. Work in Process Inventory Control

Account Titles             Debit    Credit

Beginning balance    $3,500

Direct materials         10,400

Direct labor               12,500

Overhead                   7,500

Finished Goods Inventory     $7,540

Ending Balance                     26,360

Job Sheets                              Job 429       Job 430      Job 431     Total

Beginning WIP                         $2,000          $1,500                        $3,500

Direct materials                         2,500           3,500       $4,400      10,400

Direct labor                                 1,900           3,000         7,600      12,500

Manufacturing overhead (60%) 1,140             1,800        4,560        7,500

Finished Goods Inventory     $7,540                                               (7,540)

Work in Process                                           $9,800    $16,560  $26,360

Explanation:

a) Data and Computations:

Balance in Work in Process Inventory = $3,500

Job No. 429 $2,000

Job No. 430  $1,500

Job                  Materials              Labor Time

Number   Requisition Slips               Tickets

429                  $2,500                      $1,900

430                    3,500                        3,000

431                     4,400 $10,400          7,600 $12,500

General use                        800                         1,200

Total                              $11,200                     $13,700

Total manufacturing overhead:

Indirect materials  $800

Indirect labor      $1,200

Total                  $2,000

5 0
3 years ago
U.s. gdp excludes the production of most illegal goods.<br> a. true<br> b. false
Serggg [28]
I think the answer is true because it is the total value of produced and services  provide in a given year


3 0
3 years ago
Use the following information to answer the next two questions: A company had the following transactions during September, the f
horsena [70]

Answer: 326,500

I’m not 100% sure why,but I had the same question on an assignment and that was the answer.

4 0
2 years ago
Other questions:
  • Crador Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion co
    15·1 answer
  • real GDP is a better measure of economic well-being than nominal GDP, because real GDP: adjusts the value of goods and services
    10·1 answer
  • A music streaming service provides its customers with recommendations based on their past listening behavior. This is an example
    13·1 answer
  • Assume a drought in the Great Plains reduces the supply of wheat. Noting that wheat is a basic ingredient in the production of b
    15·1 answer
  • A ________ marketing strategy develops products and promotions designed to please large groups of people
    7·1 answer
  • In an eight-hour day Nicolas can catch 24 pounds of fish or he can repair 15 cars. In an eight-hour day Alejandro can catch 27 p
    10·2 answers
  • Max and mimi are using a method of birth control that requires mimi to carefully observe changes in the secretions from her cerv
    15·1 answer
  • Jim makes a contract with Oleta to sell her a 1965 lava lamp once owned by a famous artist. Jim later decides that he does not w
    13·1 answer
  • Paolo is an owner of a professional sports team in a large league. To promote fairness, the team with the most losses in the lea
    11·1 answer
  • 3. 1.2 Explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibil
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!