Employment and inflation in the long run Briefly describe or define the following concepts: 7.1. Skill-biased technical change 7.2. Natural rate of unemployment (linked to solution of bathtub model) 7.3. Expanded definition rate of unemployment 7.4. Structural unemployment 7.5. Creative destruction 7.6. Real interest rates 7.7. Quantity theory of money 7.8. Classical dichotomy 7.9.Central bank independence 7.10. Fiat money
Answers
These concepts encompass the impact of technology on labor markets, different measures of unemployment, the dynamics of economic change, the relationship between interest rates and inflation, monetary theory, and the role of central banks in monetary policy.
7.1 Skill-biased technical change refers to technological advancements that primarily benefit individuals with higher skills and education, leading to increased demand for skilled labour and potentially widening income inequality.
7.2 The natural rate of unemployment is the rate of unemployment that exists when the labour market is in equilibrium, with no cyclical fluctuations. It is often linked to the solution of the "bathtub model" in macroeconomics, which represents the inflow (job creation) and outflow (job destruction) of employment in an economy.
7.3 The expanded definition rate of unemployment includes both the officially unemployed individuals actively seeking work and those who are discouraged or underemployed, providing a broader measure of joblessness within an economy.
7.4 Structural unemployment refers to a type of unemployment caused by long-term shifts in the structure of an economy, such as changes in technology or industries, that lead to a mismatch between the skills possessed by workers and the skills demanded by employers.
7.5 Creative destruction is an economic concept coined by economist Joseph Schumpeter. It refers to the process where innovation and technological progress lead to the replacement of outdated industries, products, or business models by new ones, driving economic growth but also causing disruptions and displacements for certain sectors and workers.
7.6 Real interest rates are the nominal interest rates adjusted for inflation. They represent the return on investment or the cost of borrowing adjusted for changes in purchasing power over time.
7.7 The quantity theory of money is an economic theory that posits a direct relationship between the supply of money in an economy and the level of prices. It suggests that changes in the money supply will lead to proportional changes in the price level in the long run.
7.8 The classical dichotomy is a concept in classical economics that asserts a theoretical separation between the real economy (output, employment, and production) and the nominal economy (prices and money). It suggests that changes in the money supply only impact nominal variables but do not have real effects on output and employment in the long run.
7.9 Central bank independence refers to the institutional autonomy of a central bank from political influence. It allows central banks to make monetary policy decisions based on economic considerations, free from short-term political pressures, with the aim of promoting price stability and sustainable economic growth.
7.10 Fiat money is a type of currency that has no intrinsic value and is not backed by a physical commodity such as gold. It derives its value from government regulation or law, as it is accepted as a medium of exchange within an economy based on the trust and confidence of the people using it.
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These concepts encompass the impact of technology on labor markets, different measures of unemployment, the dynamics of economic change, the relationship between interest rates and inflation, monetary theory, and the role of central banks in monetary policy.
7.1 Skill-biased technical change refers to technological advancements that primarily benefit individuals with higher skills and education, leading to increased demand for skilled labour and potentially widening income inequality.
7.2 The natural rate of unemployment is the rate of unemployment that exists when the labour market is in equilibrium, with no cyclical fluctuations. It is often linked to the solution of the "bathtub model" in macroeconomics, which represents the inflow (job creation) and outflow (job destruction) of employment in an economy.
7.3 The expanded definition rate of unemployment includes both the officially unemployed individuals actively seeking work and those who are discouraged or underemployed, providing a broader measure of joblessness within an economy.
7.4 Structural unemployment refers to a type of unemployment caused by long-term shifts in the structure of an economy, such as changes in technology or industries, that lead to a mismatch between the skills possessed by workers and the skills demanded by employers.
7.5 Creative destruction is an economic concept coined by economist Joseph Schumpeter. It refers to the process where innovation and technological progress lead to the replacement of outdated industries, products, or business models by new ones, driving economic growth but also causing disruptions and displacements for certain sectors and workers.
7.6 Real interest rates are the nominal interest rates adjusted for inflation. They represent the return on investment or the cost of borrowing adjusted for changes in purchasing power over time.
7.7 The quantity theory of money is an economic theory that posits a direct relationship between the supply of money in an economy and the level of prices. It suggests that changes in the money supply will lead to proportional changes in the price level in the long run.
7.8 The classical dichotomy is a concept in classical economics that asserts a theoretical separation between the real economy (output, employment, and production) and the nominal economy (prices and money). It suggests that changes in the money supply only impact nominal variables but do not have real effects on output and employment in the long run.
7.9 Central bank independence refers to the institutional autonomy of a central bank from political influence. It allows central banks to make monetary policy decisions based on economic considerations, free from short-term political pressures, with the aim of promoting price stability and sustainable economic growth.
7.10 Fiat money is a type of currency that has no intrinsic value and is not backed by a physical commodity such as gold. It derives its value from government regulation or law, as it is accepted as a medium of exchange within an economy based on the trust and confidence of the people using it.
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Related Questions
In a perfectly competitive market, a firm's short-run supply curve is:_________.
a. its average variable cost curve below the point of intersection with its total cost curve.
b. its total cost curve between the shutdown point and the break-even point.
c. its marginal cost curve equal to or above the point of intersection with its average variable cost curve.
d. its total cost curve.
Answers
Answer:
B
Explanation:
what is the difference between the FBI and the CIA
Answers
Answer:
The CIA (Central Intelligence Agency) mostly operates outside the United States to gather intelligence via a network of spies whereas the FBI (Federal Bureau of Investigation) predominantly operates within the U.S. to both gather intelligence as well as tackle federal crimes.
Explanation:
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answers
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
what are some economic concerns that may need to be addressed in the future?
Answers
Amelie received an email that claimed to be from a Nigerian prince who needed help setting up
a bank account but would pay thousands of dollars if Amelie helped him. What kind of email is
this?
a) Ad
b) Spam
c) Junk
d) Support
Answers
Answer:
Explanation:
Spam
What term best describes a physical version of a product that is developed during the technical development phase of the new product development process
Answers
Answer:
This is true but an Engineer is much more than that. They are the professionals of engineering, who do the invention, analyze, design and test complex systems, machines, structures, machines for fulfilling the functional objectives gadgets as well as the requirements while taking into consideration the limitations that come up due to practicality, safety, regulations, and cost.
Explanation:
A company must pay liabilities of 3,000 and 5,000 at the end of years 2 and 4. The available investments are a 2-year maturity, 1000 Par zero-coupon bond with an effective annual yield of 5.5%, and a 4-year 100 Par zero coupon bond yielding 6.8%. Find the cost of exactly matching the liabilities!
Answers
The cost of exactly matching the liabilities is $7,786.69.
To match the liabilities, we need to find the present value of the two payments of $3,000 and $5,000 due at the end of years 2 and 4, respectively.
For the payment due at the end of year 2, we can use the 2-year zero-coupon bond with a yield of 5.5%. The present value of $3,000 due in 2 years at a yield of 5.5% is $2,640.48.
For the payment due at the end of year 4, we can use the 4-year zero-coupon bond with a yield of 6.8%.
Therefore, the total present value of the liabilities is $2,640.48 + $4,983.21 = $7,623.69.
To exactly match the liabilities, we need to invest an amount today that will grow to $7,623.69 in 2 years at a yield of 5.5% and in 4 years at a yield of 6.8%. This can be done by investing in a combination of the two zero-coupon bonds.
Let x be the amount invested in the 2-year bond and y be the amount invested in the 4-year bond. Then we have:
x + y = $7,623.69
x * (1 + 0.055)2 + y * (1 + 0.068)4 = $7,623.69
Solving these two equations simultaneously, we get x = $3,692.63 and y = $3,931.06.
Therefore, the cost of exactly matching the liabilities is $3,692.63 + $3,931.06 = $7,786.69.
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how do i make a sandwich if my teacher was 35 and her husband was 3 and i was 36
Answers
Answer:
WHATTTTTTT XD
Explanation:
Can i have a brainiest i kind of need them
Also you might need therapy
Answer:
first how in heck are you till in school and sec HOW IN THE HELL IS HE 3
explanation:
Use the following information to answer this question. Kim decides to quit her old job that paid $1,000 a month to open a flower shop in downtown Lexington. Suppose she opens her shop in a building she owns, which she could be renting out to someone else for $1,000 a month. In addition, A to Z Rental required her to sign a one year lease on the coolers needed for her shop and the rent is $200 a month. Hiring three assistants costs her $1,800 a month. Finally, the flowers, vases and other material needed for making flower arrangements average $5,000 a month.
Kim’s long run fixed costs are:
$ __________ per month
Answers
Answer:
$0
Explanation:
According to the scenario, computation of the given data are as follows,
Fixed costs are linked with fixed inputs, which do not fluctuate and remain constant in the short term.
The long run is a time during which all of the inputs are transformed into variables cost.
Hence, in long run, Kim's fixed cost will be $0.
which stage of the product life cycle is marked by low sales, little to no profit, and little competition?
Answers
The stage of the product life cycle marked by low sales, little to no profit, and little competition is the Decline stage.
In the Decline stage, the product has gone out of style and sales are on the decline. Profit is usually minimal or nonexistent due to a decrease in demand and increasing competition.
Companies may exit the market, products may be discontinued, and companies may no longer invest in product innovation.
Companies may also look for new and innovative ways to extend the life of their product in this stage. In order to do so, they may reduce the cost of their product or look for ways to repackage or re-brand the product.
It is important to note that not all products enter the decline stage, and some can remain successful for extended periods of time.
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What type of goods includes raw materials and integrated circuits?
A) substitute products
B) industrial goods
C) consumer goods
D) marketing goods
E) disposable goods
Answers
B) Industrial goods includes raw materials and integrated circuits.
Industrial goods are products that are used in the production of other goods and services, rather than being sold directly to consumers. They are often purchased by businesses, governments, or other organizations for use in their own production processes.
Raw materials, such as wood, steel, and plastic, are examples of industrial goods that are used to create other products. Integrated circuits, which are used in the production of electronic devices, are also industrial goods.
In contrast, consumer goods are products that are sold directly to consumers for personal use or consumption, such as clothing, food, and household appliances. Substitute products are alternative products that can be used in place of one another, while marketing goods are products that are used to promote a brand or message. Disposable goods are products that are intended to be used once and then discarded, such as paper plates or plastic utensils.
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Ana wants to prepare a fruit salad for her mother's birthday. List down four ingredients that she needs to buy in the market for her fruit salad. then present this set using set builder notation.
Answers
To prepare a fruit salad for her mother's birthday, Ana needs to buy four ingredients from the market. Here are four ingredients that she can buy from the market for her fruit salad:
1. Pineapple: Pineapple is a tropical fruit that can be easily added to fruit salads. It has a sweet and tangy flavor that complements the other fruits in the salad.
2. Strawberries: Strawberries are a great addition to fruit salads as they add a pop of color and sweetness. They are also packed with nutrients such as vitamin C and fiber.
3. Kiwi: Kiwi is a small fruit that is often used in fruit salads. It has a tart flavor and adds a unique texture to the salad.
4. Blueberries: Blueberries are a great addition to fruit salads as they are rich in antioxidants and have a sweet and tart flavor that complements other fruits.
Using Set Builder Notation:
Ana can represent these four ingredients as a set using set builder notation as follows:
{X | X is a fruit and X ∈ {pineapple, strawberries, kiwi, blueberries}}.
This set represents all the fruits that Ana can use in her fruit salad, which includes pineapple, strawberries, kiwi, and blueberries.
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Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
Answers
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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true or false: Directors bring the unifying concept/vision to the production, guiding the rest of the creative team.
Answers
Directors bring the unifying concept/vision to the production, guiding the rest of the creative team. The given statement is true.
What is the goal of a creative director?From conception to completion, overseeing the creative process. Convert marketing goals into distinct creative approaches. collaborate closely with cross-disciplinary project teams, especially those in IT. Lead and oversee the production of all marketing materials by the creative team.
The artistic director plans and directs the execution of a production's artistic vision and focus, and frequently the entire program presented by a theater. This role may be combined with that of the Chief Executive, depending on the size and management style of the theater.
Thus, the mentioned above given statement is true.
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A new business has total sales of $7,500 and cost of goods sold is $3,733. What is the gross margin from sales?
Answers
Answer:
i think its 0.50:1
Explanation:
A gross profit margin of 0.33:1 means that for every dollar in sales, you have 33 cents to cover your basic operating costs and profit.
Some business owners will use an anticipated gross profit margin to help them price their products. While other factors -- such as competition and demand -- may play into pricing decisions, a gross profit margin is a good starting point for product pricing. For example, if a product costs $8 to produce, and your gross profit margin is 20 percent, you can calculate your pricing by dividing your cost by (1 - 0.2). In this case, $8 divided by .8 would yield a price of $10.
You can also use your gross profit margin ratio to help you set and monitor sales goals for your company.
Because costs for raw materials, labor and manufacturing expenses all play into your profit margin ratio, a change in this ratio over time could mean it's time to look for new suppliers or review your pricing structure.
If a new business has total sales of $7,500 and cost of goods sold is $3,733. The gross margin from sales is: $3,767.
Gross marginUsing this formula
Gross margin=Total sales -Cost of goods sold
Where:
Total sales=$7,500
Cost of goods sold=$3,733
Let plug in the formula
Gross margin=$7,500-$3,733
Gross margin=$3,767
Therefore the gross margin from sales is: $3,767.
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The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.
Answers
The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.
The breach of promise.Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.
He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.
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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
Answers
13. A rate quote for an individual Line haul. Copy
Load quote
Spot quote
Freight quote
Carrier quote
Answers
Answer:
Spot quote
Explanation:
Intermodal transport can be defined as the transportation of goods in one and the same truck or loading medium without handling the goods themselves in a different transport modes.
A shipping container refers to a metal container made from steel and having the ability or strength to withstand all external factors during shipment or storage of materials. It is an essential part of transportation of goods or materials from one location to another, thereby boosting trade between countries.
The various types of shipping containers are, dry storage container, open-side storage container, ISO Reefer container, flat rack container, tunnel container, open top container, double doors container, thermal containers, intermodal freight container etc.
Basically, the two standard sizes of shipping containers are 20ft (6.06m) and 40ft (12.2m): which has a width of 8ft (2.43m) and height of 8.5ft (2.59m).
A spot quote for a freight refers to a rate quote for each individual Line haul. Thus, this rate is usually calculated using current market parameters without a contract.
This ultimately implies that, the spot rate is generally outside the contracted rates and is typically required to be sent immediately.
Write a 6 paragraph essay on the importance of economic growth
Answers
Answer:
*insert long essay*
Explanation:
Which of the following items is a wardrobe essential for both men and women?
O Khaki pants
O Button-up shirt
O Jeans
O Sneakers
Answers
Answer:
Jeans
Explanation:
If you look around you are most likely to see more men than women wearing Khakis and most women don't wear button-up shirts
Sneakers are more worn by men.
the slope of the demand curve for a monopoly firm is:
Answers
Answer:sorry man, don’t know
Explanation:
what have you learned about staff management and development that you might apply to your own job search?
Answers
In staff management and development, I've learned the importance of effective communication, teamwork, and ongoing training. When applying these concepts to my own job search, I would focus on showcasing my communication and teamwork skills, as well as my commitment to continuous learning and professional growth.
About management and development staffStaff management refers to the process of recruiting, training, supervising, and motivating employees to maximize their performance and achieve the goals of the organization.
On the other hand, staff development is an ongoing process that prepares employees to meet the changing demands of their job and improve their skills and knowledge.
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Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
Answers
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
pls help. The data below shows the effects of temperature and advertisement cost on ice cream sales.As expected,ice-cream sales is the dependent variable.Temperature in F-degrees) and advertisement cost (in $) are independent variables. Advertisement Observation Weather Sales cost $ 500 800 400 200 1000 600 350 700 100 1400 550 1200 1000 1600 500 350 # 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 F 40 50 75 80 60 67 92 68 32 70 94 83 68 57 45 90 # 1000 1400 2000 2400 2200 2100 3000 2000 1100 1850 3200 3100 2900 2800 1500 3150 Using the data,run a linear regression in excel.Please show your output. Then, 1Find R2and interpret it.(2points) 2) Find and interpret the coefficients for weather and advertisement cost.(3 points) 3Predict the ice-cream sales when the weather is 60F degrees and advertisement cost is $2000.2 points 4 Assess the significance of the coefficientsat 95%significance level)(3 points)
Answers
I'm sorry, but as a text-based AI, I'm unable to directly run a linear regression in Excel or generate output.
What is the interpretation of R2 and the coefficients for weather and advertisement cost?
The R2 value, also known as the coefficient of determination, measures the proportion of the total variation in ice cream sales that can be explained by the independent variables included in the regression model.
A higher R2 value indicates a better fit of the model to the data. For this specific linear regression, the output from Excel would provide the R2 value, which can range from 0 to 1.
The interpretation of R2 would indicate the percentage of variation in ice cream sales explained by temperature and advertisement cost.
The coefficients for weather and advertisement cost represent the estimated effects of these independent variables on ice cream sales. These coefficients indicate the change in ice cream sales for a one-unit increase in the respective independent variable, assuming all other variables are held constant.
In the output, the coefficients would be accompanied by their corresponding standard errors and p-values, which can be used to assess their significance.
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.
Lena thinks someone has stolen her identity. She isn’t sure if she should place a fraud alert on her credit report. She doesn’t understand anything about fraud alerts. What true statement could you teach Lena to help her make a more informed decision?
A fraud alert prevents anyone from viewing your credit report.
A fraud alert can stop anyone from opening any new accounts in your name.
When filing a fraud alert, you must first pay for a credit report.
To place a fraud alert, you must contact all three credit reporting agencies.
Answers
Answer:
A fraud alert prevents anyone from viewing your credit report
A fraud alert prevents anyone from viewing the credit report is the true statement could you teach Lena to help her make a more informed decision. Thus, option A is correct.
What is credit report?A credit history is a credit record of a borrower's timely debt repayment. A credit report is a record of a borrower's credit history obtained from a variety of sources, such as banks, credit card companies, collection agencies, and governments.
A credit score is essentially a summary of your credit history, whereas your credit report contains all the specifics of the financial history. The credit report will delve much deeper into your lending history, allowing the lender to examine how a person handled borrowed funds.
Therefore, option A is correct.
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The Manguino Oil Company incurred exploration costs in 2021 searching and drilling for oil as follows: It was determined that Wells 104-108 were dry holes and were abandoned. Wells 101,102 , and 103 were determined to have suffieient oil reserves to be commercially successful. Required: 1. Prepare a summary journal entry to record the indicated costs assuming that the company uses the full-cost method of accounting for exploration costs. All of the exploration costs were paid in cash. 2. Prepare a summary journal entry to record the indicated costs assuming that the company uses the successful efforts method of accounting for exploration costs. All of the exploration costs were paid in cash. (For all requirements, if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the entry for exploration costs using the successful efforts method of accounting. Note: Enter debits before credits.
Answers
Full-cost method: Under the full-cost method, all exploration costs, whether successful or unsuccessful, are capitalized and recorded as assets on the balance sheet.
The summary journal entry would typically involve debiting the appropriate asset accounts, such as "Exploration and Development Costs," and crediting the "Cash" account for the amount of cash paid. Successful efforts method: Under the successful efforts method, only the costs associated with successful exploration efforts are capitalized, while the costs of unsuccessful efforts are expensed immediately. In this case, the summary journal entry for successful efforts would involve debiting the appropriate asset accounts for the successful wells, such as "Oil Reserves," and crediting the "Cash" account for the cash paid. The costs of the dry holes would be expensed immediately by debiting an expense account like "Exploration Expense." It's important to note that the specific accounts and amounts would vary based on the company's chart of accounts and the details of the exploration costs. The entries provided here are general examples to illustrate the differences between the two accounting methods.
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Rhonda is facing a complex situation and needs help figuring out what to do. Imagine that she hires you to help her tackle this challenge and make the right decision. You will use the steps of a rational decision-making process to explore, evaluate, and ultimately offer Rhonda your professional opinion on how she should handle the situation.
Answers
The steps of the rational model of decision making in the correct order includes as follows:
Identify the problem or opportunityThink of alternative solutionsEvaluate alternatives and select a solutionImplement and evaluate the solution chosen.What is the rational model of decision making?Basically, the decision making refers to the process of making choices by identifying a decision, gathering information and assessing alternative resolutions, the use of the process can help to make more deliberate and thoughtful decisions by organizing relevant information and defining alternative.
Going forward, the rational model of decision making involves an individuals using facts and information, analysis and a step-by-step procedure to come to a decision. This rational model is more advanced type of decision-making model.
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describe the difference between a landing strip and a runaway
Answers
Answer:
a runway is where the plane takes off and a landing strip is where the plane lands
Explanation:
office administration.Prepare for filling in order.
Answers
This (office administration) simply means to arrange the above in alphabetical order like this;
An Apple SpotA1 TaxiDriveByFine Foods LtdFirst Caribbean BankMalcolm Stephens & SonsNorth Eastern Funeral AssociationPortsmouth Police StationSt. John's Primary School21 Century Printers.What is office administration?Within a company, office administration is a collection of day-to-day operations connected to the upkeep of an office building, financial planning, record keeping and billing, personal development, physical distribution, and logistics.
Finally, administrative abilities are connected to corporate operations and enhancing office productivity. Communication and organizational abilities, as well as project management, bookkeeping, and time management skills, are among them.
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