Answer: the correct answer is C. the demand for real money balances depends on the nominal interest rate and real income.
Explanation:
According to Keynes the desire for liquidity or demand for money arises because of three motives:
(a) Transaction motive
(b) Precautionary motive
(c) Speculative motive
Answer:
Total unitary manufacturing cost= $32
Explanation:
Giving the following information:
Direct materials $ 13
Direct labor $ 5
Variable manufacturing overhead $5
Fixed manufacturing overhead per year $90,000
Units produced= 10,000 units.
<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 90,000/10,000= $9
Total unitary manufacturing cost= 13 + 5 + 5 + 9
Total unitary manufacturing cost= $32
Answer:
Account payable days = 82.74 days
Explanation:
<em>The payable days is the average length of time it takes for a business to settle its account payable.</em>
it is calculated as follows:
Account payable days = average account payable/ cost of goods sold× 365 days
= 15,486/68314× 365 days= 82.7413
It will take Heritage about 82.74 days to settle its account payable.
=
Answer:
2.02
Explanation:
Each pail of plaster covers 97 Square feet of ceiling
The ceiling of the room is 14 ft long
= 14×14
= 196
Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows
= 196/97
= 2.02
Answer: Generational gap or change
Explanation:
A generational gap also known as generational change is known as or referred to as the difference of thoughts and opinions in between generations , especially in regards to politics, beliefs, or the values. In today's era the usage of this term often or usually refers to the perceived gap in between the younger individuals and their parents or their grandparents.