Answer:
option B
Explanation:
the correct answer is option B
Standard cost per unit can be calculated by multiplication of standard price with the standard quantity.
It can be explained with an example
Assume standard price of a laptop be $1000 and the standard quantity of the laptop be 8 then standard cost per unit head is
= $1000 × 8
= $ 8000
$ 8000 is the standard cost per unit.
Since January of 2009, Barack H. Obama has been President of the US.
If he remains physically and mentally able, and doesn't resign the position,
he will remain in office until the winner of the November 2016 Presidential
election is inaugurated in January of 2017.
Answer:
The result would likely be a contraction of the economy. The GDP would probably fall or grow less.
A goverment applies contractionary fiscal policy when it reduces spending. Less government spending can reduce economic activity because spending can be a form of investment. For example, when the government spend less on building schools, roads and infraestructure, the people who build those lose their jobs, receive less income, consume less, and the economy contracts.
Contractionary monetary policy is applied by the central bank (the Federal Reserve in the United States). It would consist in reducing the amount of money available (the money supply). Less money in the economy results in higher interest rates. This creates a cycle in which banks give less loans, and investment falls. Less investment contracts the economy.
