An economy starts in steady state. a war causes a massive destruction of the capital stock. this shock will cause
a. the economy to converge to a new lower steady state.
b. the economy to enter a period of negative growth.
c. the growth rate of output to rise initially as the economy begins to converge to a new lower steady state.
d. the growth rate of output to rise initially as the economy begins to converge to the old steady state

Which of the following statements is true about financial planning

As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: