<span>The answer is an internal workforce
composition, since it is being made by workers who already work at the company.
Being internal rules out the two external choices. The request is the result of
the composition of the company workforce, not any strategy, which disregards an
internal strategy and makes an internal workforce the right response.</span>
It is because then people are already buying houses, and often homeowners do not get a lot of money in return.
Answer:
The answer is: The overhead variance was $1,700 and it was overapplied
Explanation:
Victryl's estimated overhead cost per labor hour was:
$700,000 / 35,000 = $20 per labor hour
If during February, Victryl had 5,000 direct labor hours, then its estimated cost should have been: $20 x 5,000 = $100,000 estimated overhead cost
The actual overhead cost was $98,300, which is $1,700 less than the estimated cost.
<u>Full Question:</u>
From July 2015 July 2015 to October 2015, business inventories decreased by $3 billion. *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.
Can we tell from this information whether aggregate expenditure was higher or lower than GDP during this quarter? If not, what other information do we need?A. Aggregate expenditure was equal to GDP in this quarter. B. There is not enough information to determine the relationship between aggregate expenditure and GDP. C. Aggregate expenditure was less than GDP in this quarter. D. Aggregate expenditure was greater than GDP in this quarter.
Aggregate expenditure was greater than GDP in this quarter.
<h3><u>
Explanation:</u></h3>
The values of all the goods and services in a country at a certain period of time determines the GDP of that country. It is the monetary values of these finished goods and services. GDP helps any country in the determination of the growth rate of that country economically. The monetary values associated with the income, expenditures and the production helps in the GDP calculation.
The summation of all the expenditures of the economy by the factors during a certain time period is the aggregate expenditure. Aggregate expenditures can be calculated by the summation of C, I ,G,NX. From the give data we can conclude that Aggregate expenditure was greater than GDP in this quarter.
The two answers to this question should be "What goods and services will be produced" and "who will buy the goods and services". What to produce will depend on what people need and use like grocery items for example, or clothing or housing and re the second question, it depends on the income of the consumers such as in providing affordable housing to lower income people, and also the goods and services must be things that people will buy ie things that have a useful function.
