The policy is likely to t<span>ry to reduce the natural rate of unemployment.
</span><span>neoclassical policy tend to be designed in order to reduce the rate of inflation.
If inflation rate is low, Companies will afford to obtain more value from their profit, giving the capabilities to hire more employees.
Assuming that they manage to maintain the inflation stability, this type of policy will create Economic growth for the country in the long run.</span>
Answer:
a. work in process inventory
Explanation:
In Business, an inventory is a term used to describe a list of finished goods, goods still in the production line and raw materials that would be used for the manufacturing of more goods in a bid to meet the unending consumer demands.
Simply stated, an inventory can be classified into three (3) main categories; finished goods, work in progress, and raw materials.
An inventory is recorded as a current asset on the balance sheet because it's primarily the most important source of revenue for a business entity.
Also, the three (3) main cost concept associated with an inventory are;
1. First In First Out (FIFO).
2. Last In First Out (LIFO).
3. Weighted average cost.
Goods that are partially completed by a manufacturer are work in process (WIP) inventory.
Explanation:
In 2001 there was a major crisis in the entire air sector, motivated mainly by the terrorist attacks that occurred, the scarcity of oil and the recession.
There have been strong political, economic, environmental, technological changes, etc., which have affected most airlines, such as Southwest Airlines.
Airline companies then had to adopt some strategies to overcome the crisis, such as the adoption of stricter security control procedures, to increase the reliability of services and people, who were prevented by the terrorist attacks and stopped flying. Advances in technology have also positively impacted aviation, currently there is more control, greater inspection of tickets and luggage and greater security.
The companies also took the cost cut by offering fewer flights so that the planes were filled with enough passengers to be able to generate a profit.
Answer:
A.M.T.I = $202,200
Explanation:
Given:
Taxable income during the year = $195,000
Charitable contributions = $7,100
Real estate taxes = $1,700
State income taxes = $5,500
Mortgage interest =$1,700
Computation of A.M.T.I :
A.M.T.I = Taxable income during the year + Real estate taxes + State income taxes
A.M.T.I = $195,000 + $1,700 + $5,500
A.M.T.I = $202,200
Note: Mortgage interest, Charitable contributions are not include in A.M.T.I
