Explanation:
Credit report is the statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts.
Credit scores are calculated basing on the information in your credit report
Answer:
Money Supply - Decreases / Interest Rates - Increase
Explanation:
Open market sells are contractionary monetary policy measures that aim are reducing inflationary pressures. The Federal reserves undertake monetary policy to achieve stable prices and steady economic growth.
Open market operations involve the Fed selling treasury bills to the banks and other financial institutions. The banks are expected to pay for the treasury bills using customers. Usually, banks issue out the customer deposits to firms, and households are loans. Open market sales results in banks unable to issue out many loans as most of the customer deposits are used to pay for the treasury bills. Banks will have limited cash for loans leading to a decrease in the money supply. Demand for loans exceeds supply resulting in an increase in interest rates.
Answer: $55,600
Explanation:
Total Manufacturing Cost
= Direct Material + Direct Labor + Factory Overhead
Cost of Goods manufactured = Direct materials used + Work-in-Process Inventory, Beginning + Factory Overhead Applied + Direct Labor - Work-in-Process Inventory, Ending
Direct Materials = Cost of Goods manufactured - Work-in-Process Inventory, Beginning - Factory Overhead Applied - Direct Labor + Work-in-Process Inventory, Ending
= 57,100 - 10,500 - 11,500 - (1.4 * 11,500) + 9,000
= $28,000
Total manufacturing cost = 28,000 + ( 1.4 * 11,500) + 11,500
= $55,600
Answer:
The United States can specialise in producing goods and services which capitalise on its competitive advantages.
Explanation:
Increased global trade opens the United States (U.S) to international markets. This allows businesses in the U.S to scale their operations so as to meet world demand. In doing so, these businesses may experience lower costs per unit due to increasing production capacity. This growth in operations could lead to increased competition from foreign businesses seeking to enter or operating in the U.S economy. Owing to this, higher levels of innovation and efficiency at firm level would be instituted so as to offer competitive prices.
