When people refer to jobs in the public sector they are referring to jobs with:

Unemployment and Labor Force Participation: Work It Out 1 of 3 Suppose the island nation of Freelandia is composed entirely of t

gtnhenbr [62]

Answer:

200

Explanation:

The labor force in an economy is composed of all adults able-bodied individuals who are employed or actively seeking employment. Employed people are those engaged in economic or income-generating activities. Unemployed are jobless individuals who are actively seeking work.

In Freelandia, labor force participation will be composed of the employed and the unemployed people. As per the definition of the labor force, children will not be included as they are not adults. Students and retired people are not seeking employment; hence should not be in the labor force. Therefore, the labor force will be 190 plus 10, which is 200.

4 0

3 years ago

If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 10, and potential output (Y*) equals 9,0

lyudmila [28]

Answer: Option (b) is correct.

Explanation:

Given that,

short-run equilibrium output = 10,000

income-expenditure multiplier = 10

potential output (Y*) = 9,000

Expenditure multiplier = $\frac{1}{1-slope\ of AE function}$

10 = $\frac{1}{1-slope\ of AE function}$

Slope of AE function = 0.9

slope of AE = MPC (1-t) t =0,

MPC = 0.9

Delta Y (DY) = 1000

government expenditure multiplier ⇒ $\frac{1}{1 - MPC}$ = 10

Delta G = $\frac{DY}{government\ expenditure\ multiplier}$

= $\frac{1,000}{10}$

= 100

Government purchases must be Decrease by 100.

4 0

3 years ago

Vaughn Manufacturing has the following items at year-end:

Amiraneli [1.4K]

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

5 0

3 years ago

marketing research helps managers gauge the perceived value of their goods and services, as well as the level of customer satisf

natima [27]

The statement "marketing research helps managers gauge the perceived value of their goods and services, as well as the level of customer satisfaction." is True

This is further explained below.

<h3>What are goods and services?</h3>

The output of an economic system includes things such as the production of commodities and provision of services.

Goods are tangible items that are offered for purchase by customers, in contrast to services, which are defined as any actions that are carried out for the purpose of benefiting the receivers.

Goods include a wide variety of products, including automobiles, home appliances, and clothing, amongst others.

To name only a few instances of services, there is the provision of legal counsel, the cleaning of homes, and the delivery ofconsulting services.

In conclusion, The assertion that "marketing research assists managers in determining the level of customer satisfaction in addition to the perceived worth of their goods and services" is accurate.

Read more about goods and services

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4 0

1 year ago

Compute the Cost of Goods Manufactured and Cost of Goods Sold for West Nautical Company for the most recent year using the amoun

Nadya [2.5K]

Answer:

All figures are imaginary .

Explanation:

West Nautical Company

Cost of Goods Manufactured (in millions). and Sold

Dr Cr

(000) (000)

Direct Materials (opening Inventory) 30,000

Add Purchases 10,000

Less Ending Inventory 6000

Direct Materials Used 34,000

Conversion Costs

Add Direct Labor 21,000

Factory Over Head

Indirect Materials 50

Indirect Labor 14,000

Rent On Factory Building 3000

Depreciation (equip) 5000

Utilities 4000

Property Tax 2000

Insurance 1000

Total Factory Overhead/ Total Manufacturing Costs 29,050

Deduct Under applied Overhead 250

Overhead applied to work in process 28,800

Total Manufacturing Costs  83,800

Add Beginning Work In Process 4000

Total Goods in Process 87,800

Less Ending Work In Process 39,800

Cost Of Goods Manufactured 48000

Add opening Finished Goods 12,000

Cost of Goods Available for Sale 60,000

Less Closing Finished Goods 24000

Cost Of Goods Sold 36000

Add underapplied overhead 250

Cost of goods Sold ( adjusted for under applied overhead** ) 36,250

** The company closes under applied or over applied overhead into cost of goods sold . Hence, $ 250 balance in under applied overhead is added to the cost of goods sold for the month.

5 0

3 years ago