That statement is true.
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Answer:
left as well as the contractionary monetary policy, then bring about the
increase of interest rate as well as reducing equilibrium quantity of money.
Explanation:
Liquidity Preference model can be regarded as a model gives suggestions about investor and interest rate, the model entails that high interest rate as well as premium on securities associated with long-term maturities with higher risk should be demanded by investors, reason behind this suggestions is that most investors will always go for cash as well as available highly liquid holdings, all things been equal. It should be noted that Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary policy by shifting the supply of money to the left as well as the contractionary monetary policy, then bring about the increase of interest rate as well as reducing equilibrium quantity of money.
Answer:
b. complement goods
Explanation:
Complement goods -
These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.
These type of good are also referred to as paired goods or associated goods .
In case of complement goods , if a person buys first good , then he might require the second good too.
These goods can even alters the prices of each other .
For example ,
people buying a CD player , need to buy the corresponding CD too , and hence ,
CD player and CD are complement goods.
Hence , from the given scenario of the question,
The correct option is b. complement goods .
A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.
Five is C four is C threes is B two is D one is C
Answer:
actual quantity= 25,000 pounds
Explanation:
Giving the following information:
Standard quantity= 2 pounds per units
Production= 12,000 units
Direct material quantity variance= $5,000 unfavorable
Standard price= 120,000/(2*12,000)= $5
<u>To calculate the actual quantity used in production, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
-5,000 = (24,000 - actual quantity)*5
-5,000 = 120,000 - 5actual quantity
125,000/5 = actual quantity
25,000 = actual quantity
