Answer:
7%
Explanation:
nominal interest rate = real interest rate + expected inflation rate
nominal interest rate = 5% + 2% = 7%
Usually the nominal interest rate has four major components:
- real interest rate: the net interest rate received by a lender or an investor
- inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
- liquidity risk premium: usually collateralized loans include a liquidity risk premium since not all assets can be easily converted to cash.
- credit risk: possibility of the borrower defaulting the loan
During recessions investment falls by a smaller percentage than GDP.
Answer: Option B
<u>Explanation:</u>
GDP is the gross domestic product of the country which talks about the growth rate of the country. During the time of recession in the trade cycle, the GDP of a country falls down.
The recession also sees the falling down of the demand, income, investment and so on. But during the time of recession, the fall in investment by the citizens of the country in various assets is less than the fall in the GDP of the country.
Answer:
The way the costs of direct labor and factory overhead applied are treated in a process costing system is different from their treatment in a job costing system. In process costing system, they are debited to the Work in Process account.
The reason for this is that in process costing, costs are not directly attributable to individual jobs. Instead, costs are accumulated in Work in Process before they are assigned to individual production units.
Explanation:
Job order costing system accumulates costs for individual jobs while a process costing system accumulates costs in the Work in Process account and then allocates the costs to individuals units of production. The difference depends on the nature of the two systems and how possible it is to identify the costs and attribute them to individual jobs or units.
So you are giving credit to the sources and information that you used in the work and so you are not penalized for plagiarism
Answer:
Virtue ethics
Explanation:
Virtue ethics are defined as normative ethical theories which is centered around virtues of the mind, character, and a total sense of honesty.
