Answer:
All of the options.
Explanation:
Professor Robert Baron Triffin was born on the 5th of October, 1911 in Flobecq, Belgium. He was a Belgian-American economist who became famous for his criticism of the Bretton Woods system of fixed currency exchange rates when he appeared and testified before the US Congress in 1959.
The Triffin paradox:
1. Warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run.
2. Was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.
3. Was first proposed by Professor Robert Triffin.
Answer:
The overhead application rate is 1.8
Explanation:
In the question both the estimated and actual overhead cost , material and labor cost are provided -
ESTIMATED ACTUAL
Overhead cost $396,000 $418,000
Material cost $410,000 $413,200
Direct cost $220,000 $224,000
Overhead application rate can be calculated by dividing the total budgeted overhead cost by direct labor cost.
= Budgeted overhead cost / direct labor cost
= $396,000 / $220,000
= 1.8
Answer:
to solicit orders and get ratification and acceptance from his or her employer.
Explanation:
Legal authority is defined as the a provision of the law that carries the force of the law including statutes, rules, regulations, and court rulings.
So the legal authority of a person in a particular capacity is what he is legally allowed to do in a given transaction.
In this instance we are considering a salesperson. The legal authority of a salesperson is to solicit orders and get ratification and acceptance from his or her employer.
Tom should decline the complete application and should discuss the matter with agency manager.
<h3>
What is Life Insurance?</h3>
A agreement between an insurance plan holder and an insurance company in which the insurer agrees to pay a sum of money in exchange for a premium upon the demise of an insured person or after a specific amount of time is known as life insurance.
In the Above scenario, in the absence of the Identification proof from the insurer the Agent Tom should decline the complete application and should discuss the matter with agency manager or filed compliance manager.
Learn more about life insurance here:
brainly.com/question/1158820
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Answer:
purchase the same amount as before when the price rises by 10%.
Explanation:
A perfectly inelastic demand curve is basically a straight vertical line. This means that the consumers are willing to purchase the goods or services no matter what their price is. In other words, they will keep buying them at any price, up to infinity and beyond. This is not a real scenario, because no product will be purchased at any price that the seller wants.