This effect is called the interest rate effect.
<h3>What is interest rate effect?</h3>
- The loan cost impact alludes with the impact of an increment or decline in total interest in an economy because of changes in loan costs set by the national bank of a country.
- Loan fees have an opposite relationship with total interest. At the point when rates are high, request is low and bad habit versa. Because higher loan fees mean higher getting costs, individuals will ultimately begin spending less.
- The interest for labor and products will then drop, which will make expansion fall. Likewise, to battle the rising expansion in 2022, the Fed has been expanding rates over time.
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Answer:
The total cost of producing the 20,000 windsocks is: $270,000.
Explanation:
COMPUTATION:
MATERIAL HANDLING OF PARTS
.
$1.00
3X20,000
TOTAL OVERHEAD COST = 60,000.
MACHINING MACHINE HOURS.
60/HR
1/minute
5 X 20,000
100,000.
PACKAGING NUMBER OF FINISHED UNITS
.
$2.00
20,000 X 2
40,000.
TOTAL OVERHEAD COST = 60,000 + 100,000 + 40,000 = $ 200,000.
Total Materials and labor
3.50 per windstocks
3.5 x 20,000
= 70,000.
The total cost of producing the 20,000 windsocks is:
= $200,000 + 70,000
$270,000 total cost.
Answer:
The amount of $690 should recorded for desks
Explanation:
The amount which should be reported for desks at the end of march is computed:
Amount that should be reported for desks = Purchased on March 3 + Purchased on March 22
where
Purchased on March 3 amounts to $280
Purchased on March 22 amounts to $410
Putting the values above:
Amount = $280 + $410
= $690
Therefore, the amount of $690, which is to be recorded for the desks purchased by the Cobra company.
In 1970, <u>62 percent</u> of Americans were considered middle-class (with household incomes between two-thirds to two times the national median income) whereas only <u>50 percent</u> fell into that category by 2015.
<h3>What is the middle class?</h3>
The middle class is one of the social classes in an economy.
The middle class is described as belonging to "households whose annual incomes are not less than two-thirds to double the U.S. median household income."
In the middle class, we find professional and business people and their families. It is the most critical class in an economy.
Thus, research shows that the middle class has been shrinking since the 1970s.
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Answer:
$42,000
Explanation:
Data provided
Bonds at a discount = $49,000
Sold bonds at a premium = $12,000
Discount amount = $19,000
The computation of the sale of bonds is shown below:-
Cost + Premium - (Cost - Carrying value cost)
Carrying cost = $49,000 - $19,000
= $30,000
Sale of bonds = (Bonds at a discount + Sold bonds at a premium) - (Bonds at a discount - Carrying cost)
($49,000 + $12,000) - ($49,000 - $30,000)
= $42,000