Answer:
Option (c) is correct.
Explanation:
In this situation, he is considered as employed. Presently, he is working as a correction officer and this job is suitable according to his qualifications. If he is trained and still working in a same department at a same job position then this situation is considered as an underemployed.
Hence,
While computing the official unemployment rate, the Marc is considered as an employed.
Answer:
$4,000 gain
Explanation:
Some information was missing:
the spot rates for euros were:
- November 15, 20X3 $0.4955 per €1
- December 10, 20X3 $0.4875 per €1
- December 31, 20X3 $0.4675 per €1
- January 10, 20X4 $0.4475 per €1
In Chow's December 31, 20X3, income statement, the foreign exchange gain is ?
the goods costed €200,000 x 0.4875 = $97,500 on December 10, 20x3
the goods costed €200,000 x 0.4675 = $93,500 on December 31, 20x3
Since the goods were sold FOB shipping point, we have to use the shipping date (December 10) to calculate the original price. By December 31, the price in US dollars had decreased by $4,000 resulting in a foreign exchange gain.
Answer:
1. The GDP deflator for this year is calculated by dividing the<u> Value of all goods and services produced in the economy this year</u> using <u>this year's prices</u> by the <u>Value of all goods and services produced in the economy in the base year </u> using <u>the base year's prices</u> and multiplying by 100.
However, the CPI reflects only the prices of all goods and services<u> bought by consumers</u>.
2. a. A decrease in the price of a Chinese-made car that is popular among U.S. consumers. <u>Affects CPI. </u>
This affects CPI because the CPI reflects only the prices of goods and services purchased by customers.
b. An increase in the price of a Waterman Industries deep-water reel, which is a commercial fishing product used for deep-sea fishing, made in the U.S., but not bought by U.S. consumers. <u>Affects GDP Deflator.</u>
This is a good produced in the United States so it will affect the GDP Deflator as that deals with GDP.
Answer:
A. 200 units per order
Explanation:
To solve this you have to use the <em>economic order quantity</em> formula:
Where:
Demand = 4,000
S= supply cost = ordering cost = 20
H= holding cost = 4
Economic Order Quantity = 200
<em><u>How to Remember:</u></em>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
Answer:
Experiencing declining production capacity because net investment is negative.
Explanation:
Monetary value of all goods and services produced in the country are known as Gross Domestic Products. The economy is said to be inclining if the value of GDP rises. The value of GDP is directly associated with increasing production.
