Answer:
According to information given, in the targeted cell we will use formula
=Average(data cells)
and for other part of question is to calculate sales. For this part we can simply use sum formula, first we will sum the sales for single product in past events column then at the end of past column we will apply
=Sum(data cells) or =Sum(C4:C89)
Above formula is just to give example. In this way we can calculate both answers.
Answer:
a) Export goods & services; b) Government goods & services; c) Capital Goods
Explanation:
Consumption Goods are used by consumers, for final consumption. Real Estate refers to land, property cases. There are no such illustrative cases.
<u>Export goods & services</u> are sent to foreign country for selling. <u>Pierre </u>produces <u>cheese</u> in France, for getting it sold in Canada. So, it illustrates case of goods export
<u>Government goods & services</u> are used by government officials for government goods & service purpose. <u>FBI agent</u> purchasing <u>vehicle</u> for tracking missing persons, illustrates case of government goods & services.
<u>Capital Goods are investment goods</u>, which increase the productive capacity of businesses. <u>Wanda </u>purchasing 6 new <u>sewing machines</u> for her<u> tailoring business</u>, is example of Capital Goods.
Answer: Stabilisation policies can be implemented with the aid of either monetary or fiscal policy.
Explanation:
Monetary policy involves changing the interest rate and influencing the money supply while Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.
Answer:
C. the actual unit price of raw materials or the actual quantities of raw materials used was greater than the standard unit price or standard quantities of raw materials expected.
Explanation:
If the actual direct material cost used is greater than the standard direct material cost, it implies that the cost of material that was actually used in carrying the project is greater than the usual standards for such project or the budgeted standards for such project. When the actual cost is greater than the standard cost, we have an unfavorable variance. When the actual cost is greater than standard cost, it usually implies that the price of unit per raw material used is greater or/and the actual quantities of raw material used is greater.