1. in the following table, determine how each event affects the position of the long-run aggregate supply (lras) curve.

direction of lras curve shift
the government allows more immigration of working-age adults. right
a scientific breakthrough significantly increases food production per acre of farmland. (left or right)
a government-sponsored training program increases the skill level of the workforce. ( left or right)
2. suppose the fed doubles the growth rate of the quantity of money in the economy. in the long run, the increase in money growth will change which of the following? check all that apply.

- the quantity of physical capital

- the price level

- the level of technological knowledge

- the inflation rate

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?