Answer:
The correct choice will be "Normative Economics
".
Explanation:
- Normative economics explores how well and why the economy could or ought to have been instead of what it truly is or was, proposing measures to boost public wellbeing.
- Normative implies related to or relying on what is perceived to have been the right or natural way of doing anything, an appropriate standard or pattern.
Answer:
If a bank lends $10 for every $1 of capital reserves it will have a capital leverage ratio of 1/10 = 10% Globally it is required that this ratio is at least 3%, according to the Basel III Basel III Basel III is a regulatory framework designed to strengthen bank capital requirements while also mitigating risk.
Explanation:
hope this helps
When you and your opponent battle back and forth having to either drop your prices or higher them.
Answer:
The correct answer to the following question is Unfavorable direct material cost variance .
Explanation:
Unfavorable variance can be defined as an accounting term which describes situations where the actual cost that a company would bear is more than the standard cost. This will alert a management that there will be fall in the expected profit of the company. In the given question , same situation will take place if the production manager decides to buy high grade materials which will cause more cost and thus will lead to decrease in profit.
Answer:
<u>$485,000</u>
Explanation:
Initial cost of home= $270,000+$45,000= $315,000.
Recognized gain= $800,000 - $315,000 = $485,000.
Remember, it was mentioned that Abigail and Darcy immediately purchased another home for $800,000. Very likely this money was derived from the first and only home they ever sold.
Therefore, their recognized gain after substracting the cost is $485,000.
