Answer:
The lack of education and the lack of birth control.
Explanation:
1. The lack of education: The lack of education for girls is the primary reason of exceeding the population growth rate in developing countries than in developed countries. The more the educative a woman, the more the conscious that woman. Developing nations cannot afford to provide full education for their population. Moreover, many parents have the reluctance regarding the girl education that make the scenario difficult. Education promotes to a better lifestyle which encourages people to have fewer children.
2. The lack of birth control occurs due to the early marriage in developing nations. The educated people of developed nations control the birth rate as they have the knowledge of un-controlling birth rate can create problems such as food, cloths, and living places. From the discussion, it is clear that developed nations have the common sense to control the population. UN estimated that the combined population some countries is likely to be reach 1.7 billion in 2050 from 850 million.
Answer:
Overhead application rate
= <u>Budgeted overhead</u>
Budgeted machine hours
= <u>$900,000</u>
30,000 hours
= $30 per machine hour
Overhead cost assigned to the product
= Overhead application rate x Actual machine hours
= $30 x 12,000 hours
= $360,000
Explanation:
In this case, there is need to determine the overhead application rate, which is the ratio of budgeted overhead to budgeted machine hours.
Then, we will obtain the overhead cost assigned to the product by multiplying the overhead application rate by actual machine hours.
Answer:
The correct answer is option A.
Explanation:
The dynamic model of aggregate supply and aggregate demand shows that if an economy the total spending in the economy increases faster than total production, there will be a shortage. This shortage will cause the price level to increase and will ultimately lead to inflation.
When the increase in aggregate demand is greater than the increase in aggregate supply, it will create a shortage in the economy. The demand for goods and services will be more than the supply of goods and services. This will cause the price level to increase.
