Answer:
a<u>.False.</u>
a<u>.True.</u>
Explanation:
It is correct to say that a country with more economic freedom during the last quarter of a century had a higher average GDP per capita than other countries with less freedom, this is due to the fact that the greater the economic freedom, the greater the economic growth of the country, which generates an increase in the country's productive capacity, increases demand, supply, the level of employability, the purchasing power of the population, which, integrated, these factors correspond to the increase in the country's quality of life, which increases the GDP per capita.
Answer:
Price floor non binding
Price ceiling binding
Price ceiling binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
A. The minimum price is less than the equilibrium price, thus it is a non binding price floor
b. The maximum price is less than the equilibrium price, thus it is a binding price floor
c. Restaurants that would want to pay better wages are unable to do so. This means that there is a binding price maximum in place
Answer:
conditional offer is an agreement between two parties that an offer will be made if a specific condition is met. Conditional offers are used in real estate transactions whereby a buyer's offer on a home is contingent on something getting done for the purchase to go through
Answer: $6,285.71
Explanation:
$10,000 to be invested.
The portfolio expected return is a weighted average of the two stocks.
Preferred return = 12.4%
1,240 = 0.15X + 800 - 0.08X
1,240 -800 = 0.07X
0.07X = 440
X = $6,285.71
Invest $6,285.71 in Stock X.
Answer:
option (D) $21.66
Explanation:
Data provided in the question:
Basic direct labor rate per hour = $12.68
Payroll taxes = 13% of basic direct labor rate
Fringe benefits per hour = $7.33
Now,
The standard rate per direct labor hour
= Basic direct labor rate per hour + Payroll taxes + Fringe benefits per hour
= $12.68 + ( 13% of $12.68 ) + $7.33
= $12.68 + $1.6484 + $7.33
= $21.6584 or $21.66
Hence,
The correct answer is option (D) $21.66
