Andrea thinks that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy. Her ideas are based on which of these economists?Keyneskeatsjames jeans

Answers

Answer 1
Answer:

Answer:

Keynes

Explanation:

Andrea's ideas that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy are based on the economist, Keynes.

John Maynard Keynes a British economist was born on the 5th of June 1883.

Answer 2
Answer:

Answer:

The answer is Keynes.

Explanation:

Keynesian economics refers to an economic theory of total spending in the economy and how it affects output and inflation. This theory was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression.

Keynes suggested that the government should increase expenditures and implement lower tax rates in order to stimulate demand and bring the world's economy out of the depression.


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Accountants are responsible for keeping ___ records of money transactions.
On December 31, Year 1, Gaskins Co. owed $4,500 in salaries to employees who had worked during December but would be paid in January. If the year-end adjustment is properly recorded on December 31, Year 1, what will be the effect of this accrual on the following items for Gaskins? Net Income Cash Flow from Operating Activities A. No effect No effect B. Decrease No effect C. Increase Decrease D. No effect Decrease
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Western Manufacturing produces a single product. The original budget for April was based on expected production of 14,000 units; actual production for April was 13,300 units. The original budget and actual costs incurred for the manufacturing department follow: Original Budget Actual Costs
Direct materials $ 220,500 $ 216,600
Direct labor 170,800 165,400
Variable overhead 86,100 78,100
Fixed overhead 68,000 69000
Total $ 545,400 $ 529,100

Answers

Answer:

The question isn't quite complete. However this could be inferred from it:

Normal loss= 700 Units

Original Budgeted Unit Cost= $15.75

Actual Unit Cost= $16.29

Explanation:

Normal losses are treated as product costs; that is, the cost of the lost units is included as a part of the cost of all units finished or still in process because the good units could not have been produced without this normal spoilage.

The effect is that the unit cost of the remaining units is greater than if no losses had occurred, because the production costs for the period are spread over a smaller number of good units. (Expected Production 14,000 Units- 13,300 Actual units= 700)

Due to the normal loss there occurred deviations from the original budget.

A Transaction Processing System is _____. A) A system that captures detailed data created by business processes

B) A set of integrated programs that manage a company's vital business operations across multiple functional areas

C) A system that supports the planning, executing, and controlling of all activities involved in raw material sourcing and procumbent, converting raw materials to finished products, and warehousing and delivering finished products to customers

D) A system that tracks the accounting records of a business

E) A system that helps manage customer information, customer encounters, marketing and advertising campaigns, sales, service after the sale, and customer loyalty programs

Answers

Answer: The correct answer is "A) A system that captures detailed data created by business processes".

Explanation: A Transaction Processing System is a system that captures detailed data created by business processes.

It is generally one of the most widely used types of system since it effectively facilitates the repetitive routine transactions that arise from commercial processes of any kind. This system works with data, but does not analyze or organize it, that is, it does not transform it into information.

The major activities of the Planning Section include:a. Preparing and documenting Incident Action Plans.
b. Compensating for injury or damage to property.
c. Providing technology to ensure efficient incident communications.
d. Setting up and maintaining incident facilities.

Answers

The major activities of the Planning Section include preparing and documenting Incident Action Plans. The correct option is a.

The incident action planning procedure aids in the coordination of operations and makes sure they support incident goals. A continuous rhythm and framework for incident management are provided by incident action planning, which is more than just creating an IAP and filling out paperwork.

The Planning Section completes the Incident Objectives form at the conclusion of each Command and General Staff Meeting held in the process of creating the Incident Action Plan.

Thus, the ideal selection is option a.

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Answering the question, the major activities of the Planning Section include Preparing and documenting Incident Action Plans.  The correct answer is A.

Incident actions involve some measurable operations to be executed and are prepared within a period that is known as the operational period.

Further Explanation

However, some of the important activities of the planning sections are:

  • Collating and assessing incident intelligent information
  • Develop and document the incident action plan
  • Prepare plans as the operation is coming to an end
  • Tracking of material or resources deploys to the incident.
  • Implementing contingency planning
  • Managing incident documentation

An incident action plans is an organized event towards tackling all the stages of incident control within a given period. An incident action plan involves measurable tactical operations necessary to achieve the goals and objectives of the strategy.  

An incident action plans is very important to achieve a successful result in any situation. An incident action plan can be used in an emergency situation and it begins by identifying the measurable tactical approach to proffer solutions to the problems.

For successful outcomes, the strategy needs to be identified and the tactics to be used must be selected by the operation section chief. The tactics include operations to be executed to accomplish the main goal or strategy.

Therefore, the major activities of the Planning Section include Preparing and documenting Incident Action Plans.

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KEYWORDS:

  • an incident action plans
  • emergency situation
  • communication
  • operation section chief
  • documenting incident action plans

on january 1, 2016, the holloran corporation purchased a machine at a cost of $55,000. the machine was expected to have a service life of 10 years and a $5,000 residual value. the straight-line depreciation method was used. in 2018 the estimate of residual value was revised from $5,000 to zero. depreciation for 2018 should be:

Answers

The depreciation for 2018 should be $5,625. The correct answer is $5,625.

Let's go through the process of calculating the depreciation for 2018 using the straight-line depreciation method and the updated residual value.

1. Initial cost of the machine: $55,000
2. Original residual value: $5,000
3. Service life: 10 years
4. Original annual depreciation: ($55,000 - $5,000) / 10 = $5,000

Now, let's consider the revision of the residual value in 2018:

5. Revised residual value: $0
6. Remaining service life in 2018: 10 years - 2 years (2016 and 2017) = 8 years

First, we need to calculate the book value of the machine at the end of 2017:

7. Book value at the end of 2017: Initial cost - (Original annual depreciation × 2 years) = $55,000 - ($5,000 × 2) = $45,000

Now, we can calculate the revised annual depreciation for the remaining service life:

8. Revised annual depreciation: (Book value at the end of 2017 - Revised residual value) / Remaining service life = ($45,000 - $0) / 8 years = $5,625

The correct answer is $5,625.

The complete question is:

on january 1, 2016, the holloran corporation purchased a machine at a cost of $55,000. the machine was expected to have a service life of 10 years and a $5,000 residual value. the straight-line depreciation method was used. in 2018 the estimate of residual value was revised from $5,000 to zero. depreciation for 2018 should be:

Multiple Choice

$4,500

$5,500

$5,625

$5,000

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Banks operating on the basis of ___ ___ are vulnerable to panics or runs

Answers

Banks operating on the basis of fractional reserve banking are vulnerable to panics or runs. Fractional reserve banking refers to the practice of banks holding only a fraction of their deposits as reserves and lending out the rest.

This system allows banks to make profits by charging interest on loans, but it also means that banks have a limited amount of cash available to meet the demands of depositors who wish to withdraw their funds.

In the event of a panic or run on the bank, where many depositors try to withdraw their funds at once, the bank may not have enough reserves to meet these demands and may be forced to close.

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Which topic would a macroeconomist most likely study? a. Supply and demand b. Production costs C. Inflation d. Labor markets​

Answers

Most likely, a macroeconomist will research inflation. As a result, choice (C) is the proper approach.

What is inflation?

In the field of economics, inflation is the overall rise in the cost of products and services throughout a country's economy.

A decrease in the purchasing power of money results from an increase in the general price level, which makes each unit of currency buy less in goods and services.

This is why inflation is a result of rising prices generally. Deflation is the reverse of inflation, which is an increase in the average level of prices for goods and services.

The annualized percentage change in an index of general prices, or the inflation rate, is the most widely used indicator of inflation. The consumer price index (CPI) is frequently employed for this since household prices do not rise uniformly. American salaries are calculated using the employment cost index.

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Answer:

I would say the answer is c. inflation.