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natita [175]
3 years ago
14

The condition of a country's ____ depends on its people's ability to exchange money for goods and services.

Business
2 answers:
Troyanec [42]3 years ago
6 0
<span>The condition of a country's economy </span><span>depends on its people's ability to exchange money for goods and services. </span>
inna [77]3 years ago
3 0

I believe the answer is: Economy

Economic growth in a country is measured with something called GDP (Gross Domestic Product) . GDP is calculated by counting all goods and services that produced by the nations in one year. Assuming that the market is in an equilibrium, the amount of GDP usually really close to people's purchasing power (ability to exchange money for goods and services.)

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The following standards for variable manufacturing overhead have been established for a company that makes only one product:
pantera1 [17]

Answer:

c $4,450 U

Explanation:

The computation of the Variable overhead spending variance  is shown below:

= (Standard variable overhead Rate × Actual Hour) - (Actual Rate × Actual Hour)

= ($12 × 400 units × 5.6 hours) - ($31,330)

= $26,880 - $31,330

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The (Actual Rate × Actual Hour) is also called as Actual variable overhead.

All other information which is given is not relevant. Hence, ignored it

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True or false: if the sales comparison approach cannot be developed because of a lack of sales data, the cost approach cannot be
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2 years ago
The market for a good was in equilibrium. A change occurred which resulted in a new equilibrium with a higher price for the good
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Answer:

C) The supply curve moved to the left.

Explanation:

A supply curve shift to the left due to a reduction in the quantity supplied to markets. When the market is at equilibrium, a decrease in supply will likely to create a shortage. Buyers will compete to buy the few available items at the price that suppliers will demand. Suppliers will take advantage of the " increase " in demand to raise prices.

A reduced supply means that the quantity available in the market decreases. At equilibrium, the quantity supplied matches demand, but when supply decreases, the quantity supplied also decreases.

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3 years ago
What is the maximum amount you would pay for an asset that generates an income of $250,000 at the end of each of five years, if
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<h3>What is an asset?</h3>

An asset is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may someday be useful.

The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's value or improve the operations of the company.

Whether it's manufacturing equipment or a patent, an asset can be viewed of as anything that, in the future, can generate cash flow, lower expenses, or increase sales.

An asset is anything that can increase sales, lower costs, or generate cash flow, whether it be a patent or manufacturing equipment.

To learn more about asset, visit:

brainly.com/question/14404094

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