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2 years ago

An inflationary expenditure gap is the amount by which:.

Business

1 answer:

insens350 [35]2 years ago

4 0

Answer:

An inflationary expenditure gap is the amount by which aggregate expenditures at the full-employment GDP exceed those just sufficient to achieve the full-employment GDP.

Explanation:

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Jerome was preparing to host a graduation party for his friends and relatives when he suddenly realized that he did not have a b

Naddika [18.5K]

Answer:

The correct answer is letter "A": beliefs.

Explanation:

Beliefs are preconceived ideas individuals have based on their thoughts and experiences. Some beliefs could be wrong moreover when the individual experience is little or insignificant about a topic. Beliefs tend to be subjective most of the time and represent a true for individuals that can be confirmed or corrected.

3 0

4 years ago

All you need to succeed in the fashion and design industries is a great sense of fashion.

Studentka2010 [4]

The answer is A. False

3 0

3 years ago

The Fair Labor Standards Act requires the payment of overtime to regular workers who work more than eight hours in a day. a. Tru

ziro4ka [17]

The Fair Labor Standards Act requires the payment of overtime to regular workers who work more than eight hours in a day: FALSE

<h3>Who is labor?</h3>

In the economy, labor refers to both the number of employed people and the work they do to produce goods and services.
Numerous categories can be used to classify labor.
The first is according to skill level; the lowest level is manual labor that doesn't call for special training.

<h3>What is the Fair Labor Standards Act?</h3>

A minimum wage and "time-and-a-half" overtime pay are rights established by the Fair Labor Standards Act of 1938, which is codified at 29 U.S.C. 203.
These rights apply to everyone working more than forty hours per week.
Additionally, it forbids using children for "oppressive child labor."

Therefore, the Fair Labor Standards Act requires the payment of overtime to regular workers who work more than eight hours in a day is FALSE.

Know more about the economy here:

brainly.com/question/1106682

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6 0

2 years ago

If a check correctly written and paid by the bank for $514 is incorrectly recorded in the company's books for $541, how should t

Bezzdna [24]

In the bank reconciliation they will need to add the difference to the company’s cash balance. They subtracted too much (541-514 = $27 difference) from their cash balance. They need to add $27 to their cash balance so that it will be correct and balance with the bank.

4 0

3 years ago

Read 2 more answers

Gepp Manufacturing Company produces a single product. The following data apply to the standard cost of materials and labor assoc

Igoryamba

Answer:

Actual amount of material used = 1,720 pounds

Actual price paid per pound of material = $13

Actaul labour hours used = 2000hours

Actual labour price per hour = $18.94

Explanation:

Actual amount of material used will calculated using

material usage variance = (standard quantity - actual quantity)*standard price

$1000 = ( 1800 - AQ)* $12.50

1,000 = 22,500 - 12.50AQ

1,000 - 22,500 = - 12.50AQ

- 21,500 = -12.50AQ

AQ = -21500/-12.50 = 1,720

Note: Standard quantity = Actual production unit * standard quntity per unit

= 1,800 * 1 = 1,800 pounds

Actual price paid per unit of material

Material price variance = (standard price - Actual price)*actual quantity

-860 = ($12.50 - AP) 1,720

-860 = 21500 - 1720AP

-860 -21500 = -1720AP

-22,360 = -1720AP

AP = -22,360/-1720 = $13

Actual Labour hour used

Labour hours usages variance = (standard hour - actual hours)* standard rate per hour

-4500 = ( 1800 - AH) 22.50

-4500 = 40500 -22.50AH

-4500 -40500 = -22.50AH

-45,000 = -22.50AH

AH = -45,000/-22.50

AH = 2000 hours

Actual labour price per hour

labour rate varaince = standard price - actual price )*actual quantuty

7125 = ( 22.50 - AP)*2000

7125 = 45,000 - 2000AP

7125 - 45,000 = -2000AP

-37875 = -2000AP

AP = -37875/-2000

AP = 18.9375 = 18.94

5 0

3 years ago