What's the buying culture in your hometown? why?

What does it mean to say that a "business" has responsibility?

Fynjy0 [20]

Answer:

They can operate a business however they choose, but it must be fair and right to society.

Explanation:They must keep their hours everyday, fair prices, etc

3 0

3 years ago

The principle of monetary neutrality implies that an increase in the money supply will

8090 [49]

Answer:

The correct answer is letter "B": increase the price level, but not real GDP.

Explanation:

The neutrality of money principle states that fluctuations in the money supply affect the prices of goods, services, and wages but not the growth in an economy or its real Gross Domestic Product (GDP). Austrian economist Friedrich A. Hayek (1899-1992) coined the term "neutrality of money" referring to a characteristic of money playing a neutral role in the growth of an economy.

Nowadays, specialists in the field believe the neutrality of money is a concept that applies in the long-run analysis of the productivity od a country.

8 0

3 years ago

On January 2, 20Y4, Whitworth Company acquired 40% of the

Gelneren [198K]

Answer:

Journal entries needed for:

a. Purchase of stock

b. Share of Aloof income

c. Dividend

d. Sale of Aloof company stock

a. Purchase of stock

Date Account Title Debit Credit

Jan 2, 20Y4 Investment in Aloof company $340,000

stock

Cash $340,000

b. Share of Aloof income

Date Account Title Debit Credit

Dec 31, 2024 Investment in Aloof company $72,000

stock

Income of Aloof Company $72,000

Working:

= 40% * 180,000 income

= $72,000

c. Dividend

Date Account Title Debit Credit

Dec 31, 2024 Cash $4,000

Investment in Aloof company $4,000

stock

Working:

= 40% * 10,000 dividend

= $4,000

d. Sale of stock

Date Account Title Debit Credit

Dec 31, 2024 Cash $405,000

Loss on sales of Aloof $3,000

company stock

Investment in Aloof company $408,000

stock

Working:

Value of stock = Purchase price + share of Aloof income - Share of dividend

= 340,000 + 72,000 - 4,000

= $408,000

6 0

3 years ago

The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example

Jobisdone [24]

Answer: expansionary fiscal policy

Explanation:

Expansionary fiscal policy is used to

boost the aggregate demand, and this will lead to increase in output and also employment.

Expansionary fiscal policy methods include, transfer payments, reduction in taxes, rebates, increase in government spending.

The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example of the use of expansionary fiscal policy.

5 0

3 years ago

Given the following information, compute the total number of units for the period:

enyata [817]

Answer:

Total number of units produced for the period = 662 units

Explanation:

Total manufacturing cost = (Fixed overhead cost) + (Total direct labour cost) + (Total materials cost) + (Total Variable overhead cost)

Let the number of units produced be Q

Total manufacturing cost = $160705

Fixed overhead cost = $58000

Total direct labour cost = cost of direct labour per hour × number of direct labour hours = 2.7 × 13100 = $35370

Total direct materials cost = Direct material cost per unit × number of units produced = 75 × Q

Total variable overhead cost = 50% of total labour cost = 50% of 35370 = $17685

160705 = 58000 + 35370 + 75Q + 17685

75Q = 160705 - 58000 - 35370 - 17685

75Q = 49650

Q = 662 units

5 0

3 years ago

What's the buying culture in your hometown? why?​

What's the buying culture in your hometown? why?