<span>A few of the tools economists use to evaluate the macroeconomy are supply and demand graphs, unemployment charts, and inflation vs. deflation graphs. They measure this by Gross Domestic Product(GDP), a national pole of who is employed, and also consumer reports to see what is being purchased most versus least.</span>
Answer:
Productivity is measured by the amount of output per unit of input.
In this case, the inputs will be the hours spent doing research and writing their essays. Output will equal the amount of pages written.
Marci spent 8 hours and wrote a 26 page long report, so her productivity = 26 pages / 8 hours = 3.25 pages per hour
Jack spent 20 hours and wrote a 26 page long report, so his productivity = 26 pages / 20 hours = 1.3 pages per hour
Marci is much more productive in terms of hours spent doing and writing, and how long the report is.
The problem with this type of analysis is that we do not know if Marci's report was good or bad, and the same applies to Jack's. Since we do not know what grade they got, we cannot be sure how effective their work was.
Answer:
The cash payments made to suppliers were $1,280,000
Explanation:
Cash Payment made to the supplier can be calculated using the following formula
Cash Payment made to suppliers = Cost of Goods Sold + Increase in Inventory - Increase in account payable
By Placing values in the formula
Cash Payment made to suppliers = $1,200,000 + $120,000 - $40,000
ash Payment made to suppliers = $1,280,000
The answer to this question is a modified endowment contract. A modified endowment contract or MEC is a type of life insurance policy where in the policy/ insurance is being funded with more money or the insurance premium payment exceeds the amount allowed under the federal law. The modified endowment contracts are taxable.
Answer:
The answer is "b" - replacement chart.
Explanation:
The answer is <u>replacement chart.</u>
When a company prepares a chart on various positions in the company ,it's current employees , it's requirements , potential replacements for those employees , it is known as a replacement chart. Hence when the HR department is considering the available talent within the company to determine the successor of a key personal it refers the replacement chart to get the list of replacement available. Hence the answer is <u>replacement chart, b</u>.
<u>Skills inventory:</u>
A skills inventory is a compilation of the skills, education and experiences of current employees. Organizations use these inventories to assess whether current staff can meet company goals. Understanding the company's pool of current skills/talents and future skill requirements aids in strategic planning efforts.
<u>Human resource forecast:</u>
Human resources (HR) forecasting involves projecting labor needs and the effects they'll have on a business. An HR department forecasts both short- and long-term staffing needs based on projected sales, office growth, attrition and other factors that affect a company's need for labor.
