8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund
Answer:
Option (A) is correct.
Explanation:
Investment spending curve refers to the curve shows various combination of real interest rate and the equilibrium output. There is a negative relationship between the real interest rate and output which means that an increase in the real interest rate will reduce the output of an economy and if there is a fall in the real interest rate then as a result there is an increase in the output.
Answer:
-$55 U
Explanation:
For computation of activity variance for supplies cost in March first we need to find the budgeted activity of standard supplies cost and actual activity of standard supplies cost is shown below:-
Budgeted activity of standard supplies cost = Supplies cost + Per frame cost × budgeted Activity frames
= $1,730 + $11 × 613
= $1,730 + $6,743
= $8,473
Actual activity of Standard supplies cost = Supplies cost + Per frame cost × Actual activity frames
= $1,730 + $11 × 618
= $1,730 + $6,798
= $8,528
So, activity variance for supplies cost = Budgeted activity of standard supplied cost - Actual activity of Standard supplies cost
= $8,473 - $8,528
= -$55
The supply curve slopes upward because at a higher price, producers have an incentive to produce more and supply a larger quantity.
More about the supply curve:
The supply curve illustrates the relationship between the price of an item or service and the volume delivered over a specific time period. In a typical scenario, the amount supplied will be shown on the horizontal axis and the price will be shown on the left vertical axis.
The law of supply is expressed by the supply curve, which rises from left to right: The amount supplied rises as a certain commodity's price rises. A new supply curve must be created if a component other than price or quantity changes.
Learn more about the supply curve here:
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Answer:
B. Chain weighted Index
Explanation:
Chain weighted index is a technique that measures changes in price and spending patterns of individuals and economy. It is an alternative form to the traditional consumer price index. It is used in calculating changes in price using average price from base year gotten from consecutive years. The chain weighted index puts products substitutions and other factors that affects spending made by consumers into consideration. Chain weighted index helps in estimating the real GDP.
