Answer:
total expenditures equal total production.
Explanation:
In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production
Hence, the last option is correct
Answer:
The correct answer is A. Both Laura and Cassie are correct.
Explanation:
Since Laura says that the present value of $ 700 to be received one year from today if the interest rate is 6 percent is less than the present value of $ 700 to be received two years from today if the interest rate is 3 percent, and Cassie says that $ 700 saved for one year at 6 percent interest has a smaller future value than $ 700 saved for two years at 3 percent interest, to determine who is right, the following calculations must be performed:
700 x 1.06 = 742
700 x 1.03 ^ 2 = 742.63
Therefore, both Laura and Cassie are correct in their claims.
Answer:
quality and price of product
Total transferred units = 121,500
Direct labor costs = $30,000
Completed unit from the ending inventory = 42,400 x 25% = 10600
Now the total units transferred = 121,500 + 10600 = 132100
Direct labor cost per equivalent unit = Direct labor costs / total units transferred
= 30,000 / 132100 = 0.227
Direct labor cost per equivalent unit = 0.23.
Answer:
C $ 3,113.036
Explanation:
First step will be calcualte the future value of the bond and stock funds:
C 1,100
time 180 ( 15 years x 12 months)
rate 0.005833333 (7% divided into 12 months)
PV $348,658.5264
C 500
time 180
rate 0.003333 (4% divided by 12 months)
PV $123,045.2441
total fund: 348,658.5264 + 123,045.2441 = 471,703,7705
Then this will be placed to yield 5% and we will do motnly withdrawals:
we need to calcualte the PTM of this annuity:
PV $471,703.77
time 240
rate 0.004166667
C $ 3,113.036
