Answer:
The answer is: E) As long as the law affects commerce among the states, or interstate commerce, in some way, the regulation is generally constitutional.
Explanation:
Article I, Section 8, Clause 3 of the Constitution of the US:
[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.
Generally speaking, Congress can pass laws that affect trade (either allow or restrict trade) between states, between nations or with Native American Tribes. It also includes laws about navigable waters, e.g. rivers and oceans.
Because <span>It is based on self-interest.
Classical economists believe that when driven by self-interest, humans are capable in dedicating their life to pursue things that never been achieved before.
This led to the creation of many technological inventions and business ventures that drive the society forward</span>
Answer:
Cups = $45,000
Tablecloths = $1,12,500
Bottles = $1,42,500
Explanation:
Given that,
Factory manager’s salary = $210,000
Factory utility cost = 70,000
Factory supplies = 20,000
Overhead allocation rate
:
= Budgeted Overhead ÷ Budgeted Base of allocation
= Total overhead costs ÷ Total machine hours
= $300,000 ÷ 2,000
= $150 per machine hour
Cups:
Allocated cost = Allocation rate × Weight of base
= $150 × 300
= $45,000
Tablecloths:
Allocated cost = Allocation rate × Weight of base
= $150 × 750
= $1,12,500
Bottles:
Allocated cost = Allocation rate × Weight of base
= $150 × 950
= $1,42,500
Answer:
3. is producing at a point where output is less than potential GDP.
Explanation:
In Macroeconomics, A phillips curve is used to show relationship between output and input price level. It also show inverse trade off between rates of inflation and rates of unemployment in the economy. If inflation is high, unemploment will be low and vice versa. As aggregrate demand decreases, unemployment increase as more worker are laid off or fired , the real GDP output decrease and the price level decrease, which decrease the inflation.
Aggregate demand is the total demand for final good and services in the economy.
With the advent of cryptocurrencies, a new technology is changing the way financial and many other types of transactions are recorded, processed, and stored. this technology is called: blockchain.
<h3>What is blockchain?</h3>
Blockchain can be defined as the technology that is used to store and record transaction across a network in which the information record on cannot be temper with , altered or change.
Blockchain is important as it help to process and store information and it help to boost data security by preventing unauthorized access to the store data.
Therefore With the advent of cryptocurrencies, a new technology is changing the way financial and many other types of transactions are recorded, processed, and stored. this technology is called: blockchain.
Learn more about blockchain here:brainly.com/question/25700270
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