Answer:
low; lowers
Explanation:
The Fed usually lowers the interest rate to improve the economic, to encourage investors and borrowers. When a job is stable that’s the point when fed lowers the interest rate. Likewise, when rates are excessively low, it can further increases economic growth which leads to increase in inflation, decreasing buying power and undermining the supportability of the financial extension.
Autarky is a state that exists where the entity can survive with no external help or the global trade.
<h3>What is trade?</h3>
Trade is the scenario when the nation engaged in acquiring or selling goods or providing services from or to the outside nations.
- Autarky is the situation of being self independent or exercising the self rule. It is being applied to the political states, systems of economy, communities or states of the nation.
- When an entity can able to exist in the market with no global interference or any kind of external help, then that situation of a firm is tend to be an Autarky.
Therefore, the definition provided in respect of the term Autarky.
Learn more about the international trade in the related link:
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Mike Tyson earned about $200 million during his career. However, in 2003 he was in financial trouble. This an example of poor management skills. If he had of invested his money wisely. not spent his money on things not needed, and not overindulged in a lavish lifestyle, he would still have this money or more today.
Answer:
<u>Cost of goods manufactured statement for March</u>
Direct labor $3,500,000
Materials $2,683,100
Indirect labor $320,000
Machinery depreciation $210,000
Heat, light, and power $175,000
Supplies $34,900
Property taxes $30,000
Miscellaneous costs $45,700
Add Opening Work in process Inventory $435,900
Less Closing Work in process Inventory ($510,400)
Cost of goods manufactured $6,924,200
Explanation:
Prepare a Raw Materials T - Account to determine the cost transferred to Manufacturing Account for Raw Materials.
Raw Materials T - Account
Debits :
Opening Balance $210,000
Purchases $2,666,200
Totals $2,876,200
Credits :
Closing Balance $193,100
Materials transferred to Production $2,683,100
Totals $2,876,200
Answer:
The number of people employed = 200
The number of people unemployed = 20
The number of people in the labor force = 220
Explanation:
a) Data and Calculations:
Population = 500
Population over age 16 = 400
Persons employed full-or part-time 200
Persons unemployed and actively seeking work 20
Persons who have quit seeking work due to lack of success 10
Part-time workers seeking full-time jobs 30
The number of people employed = 200 (full-or part-time)
The number of people unemployed = 200 (400 - 200)
The number of people in the labor force = employed and unemployed seeking work (200 + 20) = 220
b) A country's labor force is made up of employed persons (full-time or part-time) and persons actively looking for work. Some of the population who are not actively seeking employment may be kept of the labor force because of education or family responsibilities. These persons may return to the labor market later.
