<span>Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation
rising as real gross domestic product rises and unemployment falls, as
the economy moves along the Phillips curve. This is commonly described
as "too much money chasing too few goods".</span>
Answer:
B) A credit to Revenues-Change in Fair Value of Investments in the amount of $100,000.
Explanation:
Government entities have to record transactions using the fair market value of assets. In this case, the fair market value was $100,000 higher than the cost of the transferred investments. So that difference has to be adjusted using the Revenues-Change in Fair Market Value of Investments account.
Answer:
The answer is: pretty impressive, with productivity increasing due to innovation and increased output per worker.
Explanation:
To measure productivity , we must compare the amount of products and services produced with the total inputs used to produce them.
Currently the US is ranked sixth in the world´s productivity index:
- The most productive country in the world is Luxembourg, then comes:
- Norway
- Switzerland
- Denmark
- Iceland
- United States
- Australia
During 2018, American productivity rate grew 1.3%. The year with the highest productivity rate growth in the last couple of decades was 2010, with a 3.4% growth rate.
Answer:
Vaughn should produce Plain as it makes greater profit.
Explanation:
Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both.
Plain has a unit contribution margin of $86 and takes two machine hours to make and Fancy has a unit contribution margin of $111 and takes three machine hours to make.
There are 2400 machine hours available to manufacture a product.
Profit per machine hour for Plain
=
= $43
Profit per machine hour for Fancy
=
= $37
The difference in profit
= $43 - $37
= $6
Plain makes $6 more profit per machine hour than Fancy.