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3 years ago

9

Suppose the government introduces tax incentives to increase private household saving. What would be the effect on net capital o

utflows and the exchange rate

1 answer:

Reptile [31]3 years ago

6 0

Answer:

Mama thu thu thu thu thu thu

Explanation:

Hi

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If, in the long run, real GDP returns to its potential level, then in the long run, A. the Phillips curve represents a struc

Arada [10]

Answer:

C. the Phillips curve is vertical

Explanation:

Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases unemployment.

However; In long run, real GDP (output level) returns to its potential level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.

7 0

4 years ago

Read 2 more answers

During its most recent fiscal year, Raphael Enterprises sold 360,000 electric screwdrivers at a price of $19.80 each. Fixed cost

Lynna [10]

Answer: Option (d) is correct.

Explanation:

Contribution margin = Fixed cost + Pretax Income

= $1,296,000 + $1,656,000

= $2,952,000

Variable cost = Sales - Contribution margin

= (360,000 units × $19.80 per unit) - $2,952,000

= $7,128,000 - $2,952,000

= $4,176,000

3 0

3 years ago

Sheffield Corp. has beginning work in process inventory of $148000 and total manufacturing costs of $677000. If cost of goods ma

Lostsunrise [7]

Answer:

The cost of the ending work in process inventory is $135,000

Explanation:

The cost of goods manufactured is the cost of all the units manufactured. It includes all the direct costs and overheads of the goods manufactured at the end of a period.

Use the following formula to calculate the cost of the ending work in process inventory

Cost of Goods Manufactured = Total Manufacturing cost + Begininning Work in process - Ending work in process

Where

Cost of goods manufactured = $690,000

Total manufacturing costs = $677,000

Beginning work in process inventory = $148,000

Placing values in the formula

$690,000 = $677,000 + $148,000 - Ending work in process

$690,000 = $825,000 - Ending work in process

Ending work in process = $825,000 - $690,000

Ending work in process = $135,000

3 0

3 years ago

On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $470,000 of 8% bonds, d

Marat540 [252]

Answer:

1. January 01, 2021

Dr Cash 513,221

Cr Premium on Bonds Payable 43,221

Cr Bonds Payable 470,000

2. June 30, 2021

Dr Interest Expense 17,963

Dr Premium on Bonds Payable 837

Cr Cash 18,800

3 December 31, 2021

Dr Interest Expense 17,933

Dr Premium on Bonds Payable 867

Cr Cash 18,800

Explanation:

1. Preparation of the journal entry Record the bond issue on January 1, 2021

January 01, 2021

Dr Cash 513,221

Cr Premium on Bonds Payable 43,221

(513,221-470,000)

Cr Bonds Payable 470,000

(To Record the bond issue )

2. Preparation of the journal entry to record the first two semiannual interest payments

June 30, 2021

Dr Interest Expense 17,963

(513,221*7%*6/12)

Dr Premium on Bonds Payable 837

(18,800-17,963)

Cr Cash 18,800

(470000*8%*6/12)

(To record first two semiannual interest payments)

3.Preparation of the journal entry to record the first two semiannual interest payments

December 31, 2021

Dr Interest Expense 17,933

(513,221*7%*6/12)

Dr Premium on Bonds Payable 867

(18,800-17,963)

Cr Cash 18,800

(470000*8%*6/12)

(To record first two semiannual interest payments)

4 0

3 years ago

Read 2 more answers

During January, its first month of operations, Knox Company accumulated the following manufacturing costs: raw materials $5, 310

mariarad [96]

Answer:

See the attached picture for detailed answer.

Explanation:

See the attached picture for explanation.

7 0

4 years ago