The aggregate demand curve shows a ________ relationship between ________ and aggregate output _______

Why does a small difference in economic growth result in a large difference in wealth over time?

larisa [96]

Answer:

The correct answer is the option C: Because the effect of compounding allows growth to build upon previous growth.

Explanation:

To begin with, the term of "Compounding" in economics refers to the situation in which an assets' earnings are reinvested to generate more additional earnings over the pass of time and therefore that in an economy when there is a small growth the investors take advantage of the effect that the compounding has over the situation and use it in order to generate more earning in the future and that is why that the the effect of compounding allows growth to build only upon previous growth.

7 0

3 years ago

Sandy Shores Corporation operates two stores: J and K. The following information relates to J: Sales revenue$1,300,000 Variable

natulia [17]

Answer:

Sandy Shores Corporation

J's Segment Contribution Margin is:

= $700,000.

Explanation:

a) Data and Calculations:

Sales revenue $1,300,000

Variable operating expenses 600,000

Contribution $700,000

Fixed expenses:

Traceable to J and controllable by J 275,000

Traceable to J and controllable by others 80,000

Total fixed expenses 355,000

Net operating income $345,000

b) The contribution margin is the difference between total sales revenue and the variable costs. The idea of segment contribution margin is that it covers the fixed expenses, whether controllable by the segment or not.

5 0

3 years ago

Corporation has two manufacturing departments--Casting and Customizing. The company used the following data at the beginning of

Pavel [41]

Answer:

Allocated overhead= $37,260

Explanation:

Giving the following information:

Total

Estimated total machine-hours (MHs) 10,000

Estimated total fixed manufacturing overhead cost $38,000

Estimated variable manufacturing overhead cost per machine-hour $4.3

First, we need to calculate the plantwide predetermined overhead rate:

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

Predetermined manufacturing overhead rate= (38,000/10,000) + 4.3

Predetermined manufacturing overhead rate= $8.1 per machine-hour

Now, we can allocate overhead to Job G:

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

Job G

Casting machine-hours 1,600

Customizing machine-hours 3,000

Allocated overhead= 8.1* (1,600 + 3,000)= $37,260

6 0

3 years ago

Cecil budgets 1/6 of his weekly salary for comic books. Cecil's weekly comic book bill is $30.00. What is his weekly salary?

yulyashka [42]

$180

if 1/6=30, then we have to figure out 6/6. 1x6=6 so multiply 30 times 6. 180

7 0

3 years ago

Jinnah Company applies overhead on the basis of 200% of direct labor cost. Job No. 501 is charged with $180,000 of direct materi

Strike441 [17]

Answer:

The correct answer is $540,000

good luck

3 0

3 years ago

The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.

The aggregate demand curve shows a relationship between and aggregate output .