Answer: Yes, the budget deficit will have on the current rate of inflation.
Explanation:
If the budget deficits have inflated the monetary policy, therefore, the monetary policy will affect the short run of aggregate supply curve. In this scenario, large budget deficits will shift the curve upward due to the increase in expected inflation, which will surely make the current inflation rate to be higher.
Answer: See explanation
Explanation:
From the information given,
Budgeted hours = 660
Budgeted rate per hour = 3.4
Budgeted rooms to clean = (600 × 60)/36 = 36000/36 = 1000
1. What is the amount of the budget variance?
This will be:
= (Actual room - Budgeted room) × Standard rate
= (1050 - 1000) × 3.4
= 50 × 3.4
= 170 favorable
2. What is the amount of the volume variance?
This will be:
= Standard cost - Actual labor cost
= (630 × 3.4) - (660 × 3.3)
= 2142 - 2178
= 36 Unfavorable
3. What is the amount of the efficiency variance?
This will be:
= 3.4 × (630 - 660)
= 3.4 × (-30)
= 10.20 Unfavorable
4. What is the amount of the rate variance?
This will be:
= Actual time ( Standard rate - Actual rate)
= 660 × (3.4 - 3.3)
= 660 × 1
= 660 Favorable
Answer and Explanation:
c. In the given case Eric valued the goods in terms of money so here the role of money plays is the unit of account that represent something that can be used in order to value the goods and services
d. In the case when eric wants to store the money and use them in a future so here it is storing of value
e. In this case, eric purchased the lunch and pay $10 so here the food is exchanged with the money that represent the medium of exchange
Answer:
Follows are the solution to this question:
Explanation:
Its console shall be coordinated effort mutual funds which do not grow at all, and in every year they create a corrected degree of interest, that's why Its bond paying a fixed rate of the coupon but not maturing.
It's the price that the government needs to offer shareholders.
Answer:
Diversification
Explanation:
When constructing a risky portfolio consisting only of risky assets, an investment manager should offer _Diversification____. the same risky portfolio to all clients a customized risky portfolio to each client based on their required return a customized risky portfolio to each client based on their risk aversion a customized risky portfolio to each client based on their ability to cope with losses
