Answer:
A. What happens to unemployment in the short run if inflation is expected to be 0%? - Unemployment will fall because the central bank has injected money into the economy, yet inflation remains low. This scenario leads to a higher employment rate.
B. What happens to unemployment in the short run if citizens of Australia have adaptive expectations? - Australians will expect inflation to go back to hovering around 3%, and will reduce investment, this will make unemployment increase,
C. What happens to unemployment in the short run if citizens of Australia have rational expectations? - Australians will find it profitable to hire in the short-run because their real money balances are high because inflation is very low.
Answer:
Biomimicry.
Explanation:
"Closed-loop" production seeks to integrate what is presently waste back into production. In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks. This principle is often referred to as biomimicry.
Biomimicry can be defined as a technological-oriented systems or model which is typically focused on the application of nature's elements or processes, and lessons into proper use for the purpose of solving real-life problems. Some examples of biomimicry are Tree-climbing robot mimics inch worms, Gecko climbing feet, Bird skull shoe, Armadillo backpack etc.
Answer:
The accounting process begins with Analysis of business transactions and source documents
Explanation:
The Accounting process begins by<em> identifying the transactions and events</em> that occurred in the business.
After identification, the events and transactions have to be<em> recorded in appropriate Account</em> using the <em>proper books of entry</em>.
A list of Balances known as the <em>Trial Balance</em> is then computed when the Accounts are closed.
The Trial Balance is then used <em>to prepare financial statements</em>.
Financial Statements are then <em>Analysed</em> to assist various stakeholders and users of financial statements to <em>make decisions</em>.
Answer:
True
Explanation:
A free trade agreement consists of deliberate actions by countries to increase the volume of trade between them by reducing trade barriers. A trade agreement entails a reduction or elimination of tariffs and other economic collaboration the encourage cross border trade.
A free trade agreement gives rise to a free trade zone. Goods and services move a lot freely in a free trade zone. There is an increased movement of capital and other factors of production between the two countries.
The incorrect s<span>tatements regarding the federal income tax treatment of life insurance is </span>Entire cash surrender value is taxable.
