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Rufina [12.5K]
2 years ago
14

"An inflationary gap exists when AD and SRAS" :

Business
2 answers:
lozanna [386]2 years ago
8 0

Answer: The Answer IS A.

Explanation: fail to Intersect

svetoff [14.1K]2 years ago
8 0

Answer: b). Intersect to the right of Natural Real GDP.

Explanation: Inflation is a persistent increase in the general price level of goods and services in an economy over a given period of time.

Inflationary gap describes the difference between the current level of real gross domestic product and the anticipated GDP that would occur if an economy is at full employment.

An inflationary gap however exists when aggregate demand (AD) and short run aggregate supply (SRAS) intersect to the right of natural real GDP.

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Danny mentions that he is only in business if his employees are happy to come to work. Based on McGregor's work, Danny would hav
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Answer:

Theory Y views

Explanation:

According to McGregor, managers who subscribe to the theory Y assumptions have an optimistic view of their employees. They regard employees as intelligent and innovative people who can provide solutions to the organization's problems. Theory Y managers appreciate employee differences, encourage them to improve their skills and work rate.

<u>Assumptions of Theory Y include</u>

  1. Employees are happy to work on their initiative.
  2. Workers like to be involved in decision making.
  3. Workers are self-motivated and like to complete their tasks.
  4. Employees willingly seek and accept responsibility
  5. View work as fulfilling and challenging.
  6. Have the ability to solve the organization's problems creatively and innovatively.
6 0
2 years ago
If errors occur in the recording process, they___________. a. cannot be corrected until the next accounting period.B. should be
V125BC [204]

Answer:

C- Should be corrected as soon as they are discovered

Explanation:

If error occur in recording process they should be corrected as soon as they are discovered although the errors are usually unintentional mistakes made when recording . Small recording errors might cause major distortions in the overall figures.

Although the suspense account is the main method used to detect errors that cause discrepancies between the debit and credit balances of the trial balance in which

Adjusting entries are posted in the general ledger to correct errors detected in the trial balance.

8 0
2 years ago
Read 2 more answers
Which action best reflects the influence of John Maynard Keynes? O A. A business lobbies a government to reduce its overall tax
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Answer:

Which action best reflects the influence of John Maynard Keynes?

B. A government gives jobs to workers during an economic recession.

Explanation:

John Maynard Keynes was a The British economist who strongly and vehemently advocated for "increased government expenditures, lower taxes, government offering full employment, and government intervention in economic activities" in order to stimulate demand, pull the economy out of recession, and kickstart it from slump.  He is known as the father of Keynesian Economics.

8 0
1 year ago
The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transac
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Answer:

See Explanation section

Explanation:

For T-Accounts, Match the color to see the transactions easily.

For others, the following images are the original answers.

6 0
2 years ago
Kate is a customer care executive at a telecommunications services company. She receives a complaint from Mike, a customer, abou
Sergio [31]

Answer:

Kate is most likely to Provide a fast response to the customer using customer care software.

Explanation:

Customer Service Executives job is to handle phone, internet etc, interactions with customers. They manage client claims, complaints and process customer orders.

She received a complaint from Mike(who is a customer) about an unnecessary deduction of $10 from his phone credit. If Kate is going to follow her job protocol, she need to provide fast, accurate and precise response to Mike(the customer) using the company customer care software.

Using the software and her knowledge of customer service she should be able to offer a professional approach in answering mike and provide information about the deduction.

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