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2 years ago

A reduction in the saving rate starting from a steady state with more capital than the golden rule causes investment to?

1 answer:

Studentka2010 [4]2 years ago

8 0

Starting from a steady state with greater capital than the Golden Rule, a decrease in the saving rate results in a decline in investment.

<h3>What is the definition of the golden rule?</h3>

The Golden Rule instructs people to make decisions for others based on their own personal preferences. Putting yourself in another person's shoes or "doing unto others as you would have them do unto you" are two common definitions of the Golden Rule (Baumrin 2004).

The golden rule would advise us to release someone who has been convicted of a crime and given a prison sentence, for instance, because we would not want to go to prison ourselves. This holds true even if we use the platinum rule because it's likely that the prisoner would choose to stay out of jail or prison.

To learn more about Golden Rule, refer to:

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A listing on eBay featured a refurbished iMac desktop computer; interested buyers all ranged in age from teenagers to adults wit

Hatshy [7]

Based on the ages of those <em>showing interest</em>, these buyers were likely from the generational cohort of:

Gen Y

<h3>What is an Age Group?</h3>

This refers to the group of people who are of similar age ranges which were born during a particular period and today we can say some are Millennials, Gen Z, etc.

With this in mind, we can see that based on the eBay listing, there was the listed sale for an item and because the interested buyers were from an age group which was made up of teenagers, we can state that they were the Gen Y.

Read more about age group here:
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2 years ago

Job Shadows typically last<br> six weeks<br> half day<br> one to three days<br> one semester

Inessa05 [86]

A job shadow usually lasts one day, but there are cases when they could last several days to give you a more in-depth look at a certain career or company.

7 0

3 years ago

The following information was obtained from MCB Manufacturing, Inc.:Advertising Costs $9,900Indirect Labor 53,000CEO's Salary 6

Eddi Din [679]

Answer:

The MCB Manufacturing's total product costs is $170,560

Explanation:

The computation of the total product cost is shown below:

Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation

= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100

= $170,560

Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.

8 0

4 years ago

Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactu

Andrew [12]

Answer:

Option (C) is correct.

Explanation:

For Machining department,

Manufacturing overhead rate:

= Estimated Overhead cost ÷ Amount of allocation base

= [$1,000,000 ÷ (130,000 + 70,000) machine hours]

= $1,000,000 ÷ 200,000 machine hours

= $5.00 per machine hour

For Finishing department,

Manufacturing overhead rate:

= Estimated Overhead cost ÷ Amount of allocation base

= [$100,000 ÷ (9,000 + 71,000) direct labor hours]

= $100,000 ÷ 80,000 direct labor hours

= $1.25 per labor hour

8 0

3 years ago

One method of setting price using the cost-plus method is to add

Amiraneli [1.4K]

Cost-plus pricing<span>, also known as mark-up </span>price<span>, takes place when a firm calculates its unit costs and then adds a percentage profit to determine </span>price<span>.</span>

6 0

3 years ago