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4 years ago

_____ involves the collection, organization, and analysis of numerical data.

Business

2 answers:

Crazy boy [7]4 years ago

8 0

Statistics is your answer i believe

erastova [34]4 years ago

4 0

Hi there,

the answer to your questions is "Statistics"

I hope this helps :)

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The _____________ approach to GDP follows the flows of income to each sector of the economy and concludes with the GDP..

grandymaker [24]

Answer:

D. None of the above

Explanation:

Gross Domestic Product (GDP) is the total monetary value of all the goods and services a country produces within a period of time.

There are various approaches to calculating GDP which include; the income approach, expenditure approach and output approach.

The income approach to calculating GDP considers income from all the factors of production (profits, interest, rental and labor incomes) in each sector of the economy to arrive at the National income of the country.

6 0

3 years ago

Georgia Products Inc. completed and transferred 163,000 particle board units of production from the Pressing Department. There w

Lerok [7]

Answer:

Pressing Department. Round "cost per equivalent unit" answers to the nearest cent.

a. Total conversion cost $

b. Conversion cost per equivalent unit $

c. Direct materials cost per equivalent unit $

a. Total conversion cost 252.900

b. Conversion cost per equivalent unit 0.61

c. Direct materials cost per equivalent unit 3.20

Explanation:

Solution

a. Total conversion cost 252.900

b. Conversion cost per equivalent unit 0.61

c. Direct materials cost per equivalent unit 3.20

Statement of Equivalent Units(Weighted average)

Material Conversion cost

Units Complete % Equivalent units Complete % Equivalent units

Transferred out 163.000 100% 163,000 100% 163,000

Ending WIP 14,000 100% 14,000 40% 5,600

Total 177,000 Total 177,000 Total 168.600

Cost per Equivalent Units (Weighted average)

COST Material Conversion cost TOTAL

Beginning WIP Inventory Cost $ 0

Cost incurred during period 628.350 252.900 881.250

Total Cost to be accounted for 566,100 102,900 669,000

Total Equivalent Units 177,000 168.600

Cost per Equivalent Units 3.20 0.61 3.81

3 0

3 years ago

Suppose that consumers become more pessimistic about the future and, as a result, reduce their consumption by $10 billion. If th

iragen [17]

Answer:

Real GDP will decrease by $50 billion.

Explanation:

In order to calculate the net effect of a reduction in consumption of $10 billion, we need to identify the multiplier first.

Multiplier = 1 / marginal propensity to save

Marginal propensity = 1 - marginal propensity to consume = 1-0.8 = 0.2

Multiplier = 1 /0.2 = 5

The net change then of a reduction by 10 billion = 10 * 5 = $50 billion

Hope that helps.

4 0

3 years ago

A futures contract on a 30 day Eurodollar time deposit is currently selling at an IMM index of 95.75 percent. The IMM index on a

kolezko [41]

Answer:

Basis risk for the future contract is 0.65%

Explanation:

Basis risk is the difference in spot price and future price of an hedged asset. It is the difference between the price price of an hedged asset and price of the asset serving as the hedge.

Basis risk = Futures price of contract − Spot price of hedged asset

Basis Risk = Future IMM index - Spot IMM index

Basis risk = 95.75% - 95.10%

Basis risk = 0.65%

5 0

3 years ago

Olive Corporation has two divisions, Pressing and Extracting. The company's primary product is Lavender Oil. Each division's cos

Alex777 [14]

Answer:

$15,000

Explanation:

Operating income is the difference between the net sales or revenue generated by a business and the operating expenses of the business.

The operating expenses of the business may be classified into 2 groups namely the fixed and variable costs.

The total operating cost of the business

= ( $9 + $6 + $28 + $32) per barrel

= $75

operating income of both divisions

= 200 ( $150 - $75)

= 200 * $75

= $15,000

5 0

3 years ago