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3 years ago

Can I have a short 150 words paragraph about following?

Business

1 answer:

hichkok12 [17]3 years ago

5 0

Answer:

Explanation:

GDP is used to measure the Economic welfare or standard of living in the people when it is measured per capital terms. The short coming with GDP is that it does not show the true economic welfare or standard living of people in the society as GDP is calculated as whole for whole population prevalipre in the country which includes all level of income people. In any country there will be rich , poor and middle class.

Using GDP for finding social welfare it tells whether the country standard of living is increasing or not but it will not tell specially abpab poor and middle class. Any country standard of living goes up only if the poverty in the country eradicate. Thus GDP have a short coming of not finding the true social welfare or standard of living which is in the society.

There is nothing we can do to find the exact condition of society but government can implement policies to provide a better living for people who are in poverty.

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FILL IN THE BLANK

Kaylis [27]

When the Federal Reserve sells treasury bonds to a bank, the money supply is decreased. Since there are smaller available funds for the bank to loan (they have tied up some cash by buying the bonds), the interest rate the bank charges (all other things EQUAL!) will increase.

Basically, what has happened is that the bank has lent money to the federal government, rather than to other lenders. So if it has no other sources of lendable funds AND borrowers don't have other banks to go to that are charging the current rate, the same number of borrowers competing for a smaller amount of borrowable funds will lead to a higher price, (interest rate) for those loans.

6 0

3 years ago

Suppose Winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. One

arsen [322]

Answer:

$4,000

Explanation:

Implicit cost is the cost which is an income foregone internally, that is not the exact opportunity cost, here opportunity cost is salary foregone, that is $60,000.

But implicit cost would be $4,000 if the financial assets are now used in business, and are not left as they are.

Implicit cost is internally generated opportunity cost.

Since here he outlays, $8,000 let us say these were used earlier as financial assets to generate revenue, now $4,000 would be considered as implicit cost, that is earlier generated revenue from internal funds.

Final Answer

$4,000

5 0

3 years ago

When the Midwest flight attendants first looked at the terms of their contract and asked if they were being treated unfairly, th

Alina [70]

The name of this statement that was prepared by the Midwest flight attendants is: Submission Agreement

Submission Agreement is a singular case which the complainant pushes forward as the main case that they want to be settled.

A submission agreement was prepared by the Midwest Flight attendants. Their singular grievance was that they were treated unfairly.

So, they submitted a Submission Agreement to the arbitration hearing.

Learn more about arbitration here:

brainly.com/question/4779318

4 0

2 years ago

Frederick Group uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufactur

adoni [48]

Answer:

Results are below.

Explanation:

First, we need to calculate the activities allocation rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Material handeling= 8,700/2,900= $3 per part

Machine setup= 4,650/15= $310 per setup

Insertion of parts= 49,300/2,900= $17 per part

Finishing= 75,600/1,800= $42 per direct labor hour

Now, we can allocate overhead to Job 420:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Material handeling= 3*150= $450

Machine setup= 310*4= $1,240

Insertion of parts= 17*150= $2,550

Finishing= 42*120= $5,040

Total allocated costs= $9,280

Finally, allocated costs to Job 510:

Material handeling= 3*500= $1,500

Machine setup= 310*5= $1,550

Insertion of parts= 17*500= $8,500

Finishing= 42*320= $13,440

Total allocated costs= $24,990

6 0

2 years ago

Charter bank pays a 5.00% nominal rate on deposits, with monthly compounding. what effective annual rate (eff%) does the bank pa

mel-nik [20]

In order to compute for the effective annual rate, the working equation would be [( 1 + i/n)^n] – 1. The i corresponds to the nominal rate while n is the number of compounding periods per year which in this case is 12. The answer would be 5.116%.

6 0

3 years ago